ABC Business News

Makoto Honda / 500px/Getty Images (WASHINGTON) — President Donald Trump on Thursday threatened a 200% tariff on champagne and other alcohol products from the European Union, escalating a global trade war that has roiled markets [Read More…]

Noel Hendrickson/Getty Images (NEW YORK) — Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks teetered in early trading on Wednesday, posting shaky performance amid an escalating global trade war and concerns about a possible recession. After some initial modest gains, the [Read More…]

Noel Hendrickson/Getty Images (NEW YORK) — Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Stocks futures traded slightly higher early Wednesday, following another volatile day for the market amid the continued rollout of President Donald Trump’s tariffs on goods from top U.S. trading [Read More…]

Brandon Bell/Getty Images (WASHINGTON) — An inflation report to be released on Wednesday will provide a fresh gauge of economic performance under President Donald Trump as markets slide and recession fears swell in response to [Read More…]

Li Hongbo / Feature China/Future Publishing via Getty Images (WASHINGTON) — U.S. tariffs on imported steel and aluminum are now in effect, part of an escalating series of trade maneuvers by President Donald Trump that [Read More…]

Busakorn Pongparnit via Getty Images (NEW YORK) — The major U.S. airlines thought they were going to have a strong first quarter, but things are not going as well as expected. Each of the major [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks dropped on Tuesday, extending losses suffered a day earlier amid a fresh round of tariffs on Canada and concern about a possible recession. The Dow Jones Industrial [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks seesawed between positive and negative territory in early trading on Tuesday, remaining essentially unchanged after losses suffered Monday when markets reacted to President Donald Trump’s refusal to [Read More…]

Alan Schein Photography/Getty Images (DALLAS) — A shift is on the horizon at Southwest Airlines. The carrier known for its customer-friendly policies and affordable airfare announced changes to its baggage and fare structure in an [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stock futures traded slightly higher on Tuesday, following Monday’s major selloff as markets digested President Donald Trump’s comments that there would be a “period of transition” as the [Read More…]

Tayfun Coskun/Anadolu via Getty Images (NEW YORK) — Since Elon Musk went to Washington, D.C., to slash the government alongside President Donald Trump, the stock of his electric car company Tesla has taken a significant [Read More…]

Matteo Colombo/Getty Images (NEW YORK) — U.S. stocks dropped in early trading on Monday, suffering widespread losses a day after President Donald Trump declined to rule out the possibility of a recession. The Dow Jones [Read More…]

Brandon Bell/Getty Images (NEW YORK) — For the last 130 years, four generations of Ernest Lepore’s family have baked the pastries – cream puffs, cannoli, sfogliatelle – that have come to define Manhattan’s Little Italy [Read More…]

Win McNamee/Getty Images (WASHINGTON) — The U.S. added fewer jobs than economists expected in February, the first full month under President Donald Trump, according to government data released on Friday. Employers hired 151,000 workers last [Read More…]

Win McNamee/Getty Images (WASHINGTON) — A fresh jobs report to be released on Friday will offer a snapshot of U.S. economic performance over the first full month under President Donald Trump. Economists expect employers to [Read More…]

Spencer Platt/Getty Images (NEW YORK) — President Donald Trump on Thursday announced a one-month delay of tariffs on some products from Mexico. The temporary exemption will lift tariffs for all Mexican goods compliant with United [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks tumbled in early trading on Thursday as fallout from the Trump administration’s tariffs continued to roil markets. The Dow Jones Industrial Average dropped about 400 points, or [Read More…]

Roberto Schmidt/AFP via Getty Images (NEW YORK) — The stock market surged on Wednesday afternoon after the Trump administration granted automakers a one-month exemption from tariffs imposed a day earlier. The Dow Jones Industrial Average [Read More…]