ABC Business News

Kevin Dietsch/Getty Images (WASHINGTON) — President Donald Trump has repeatedly touted a drop in oil prices and borrowing costs as a sign that sweeping new tariffs bode well for the U.S. economy. Experts who spoke [Read More…]

Man Hei Leung/Anadolu via Getty Images (NEW YORK) — U.S. stocks rose on Tuesday in a burst of investor optimism as the Trump administration signaled plans to negotiate with some countries targeted by sweeping new [Read More…]

U.S. President Donald Trump visits a cryptocurrency-themed bar called Pubkey in the West Village on September 18, 2024 in New York City. (Photo by Spencer Platt/Getty Images) (WASHINGTON) — The Trump administration is pulling back [Read More…]

Man Hei Leung/Anadolu via Getty Images (SEOUL) — Asian markets opened up on Tuesday after posting significant losses on Monday driven by President Donald Trump’s global tariffs campaign, with U.S. futures also rising slightly after [Read More…]

Bettmann Archive via Getty Images (NEW YORK) — As the world reels from tariffs instituted by the Trump administration, stock markets are widely in decline. On Friday, U.S. stock saw the worst decline since the [Read More…]

Sawayasu Tsuji/Getty Images (NEW YORK) — U.S. stocks tumbled at opening on Monday as President Donald Trump’s tariffs stoked fears of a wider global trade war and Wall Street firms sounded alarms about a possible [Read More…]

Sawayasu Tsuji/Getty Images (HONG KONG) — Key global stock markets tumbled upon opening on Monday as the world’s reaction to President Donald Trump’s tariffs campaign continued — and as U.S. futures signaled more turmoil for [Read More…]

Chip Somodevilla/Getty Images (NEW YORK) — U.S. consumers are going on a tariff-induced shopping spree. From furniture, to appliances, to alcohol, Americans are rushing to buy before President Donald Trump’s sweeping tariffs are felt at [Read More…]

(lvcandy/Getty Images) (NEW YORK) — U.S. stocks closed down significantly on Friday after a continued selloff amid fallout from President Donald Trump’s “Liberation Day” tariffs. The Dow Jones Industrial Average plummeted 2,230 points, or 5.5%, while [Read More…]

Tom Williams/CQ-Roll Call, Inc via Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell said Friday he expects President Donald Trump’s tariff policy will hike prices and slow economic growth, while noting that key indicators “still show [Read More…]

(SimpleImages/Getty Images) (NEW YORK) — U.S. hiring surged in March, blowing past economists’ expectations and defying concern on Wall Street about a possible economic recession, government data on Friday showed. The fresh data offered news [Read More…]

(lvcandy/Getty Images) (NEW YORK) — U.S. stocks continued their plunge in early trading on Friday, just hours after China announced retaliatory tariffs in response to President Donald Trump’s “Liberation Day” levies. The Dow Jones Industrial [Read More…]

(SimpleImages/Getty Images) (NEW YORK) — U.S. hiring surged in March, blowing past economists’ expectations and defying concern on Wall Street about a possible economic recession, government data on Friday showed. The U.S. added 228,000 jobs [Read More…]

(lvcandy/Getty Images) (NEW YORK) — Stock markets continued their slide on Friday morning, as the shockwaves of President Donald Trump’s “Liberation Day” tariffs continued to reverberate around the globe. U.S. stock futures slipped further, with [Read More…]

Bryan Woolston/Getty Images (NEW YORK) — The Kentucky bourbon industry said it is reeling from retaliatory actions taken by Canada and the European Union in response to President Donald Trump’s trade war against both global [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks suffered major losses on Thursday at close of the first trading session after President Donald Trump’s sweeping tariffs announcement. The Dow Jones Industrial Average plummeted 1,679 points, [Read More…]

(Karl Tapales/Getty Imag) (NEW YORK) — With the clock ticking on TikTok’s deadline to sell or face a ban in the U.S., the battle to buy the app has intensified. Amazon has now sent a [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks plunged in early trading on Thursday, just hours after President Donald Trump’s sweeping tariffs announcement touched off threats of countermeasures from foreign leaders. The Dow Jones Industrial [Read More…]

(Karl Tapales/Getty Imag) (NEW YORK) — With the clock ticking on TikTok’s deadline to sell or face a ban in the U.S., the battle to buy the app has intensified. Amazon has now sent a [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — Foreign stock markets tumbled on Thursday morning following President Donald Trump’s announcement of a raft of tariffs on America’s trade partners — including a minimum baseline tariff of [Read More…]