ABC Business News

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…]

Annabelle Gordon for The Washington Post via Getty Images (NEW YORK) — Price hikes for gasoline and groceries could reach shoppers within days in the aftermath of tariffs imposed by the Trump administration, experts told ABC News. Some [Read More…]

Rainer Puster / EyeEm/Getty Images (NEW YORK) — China issued a warning on Wednesday night that it stands ready for any “type of war” with the United States in the aftermath of tariffs imposed hours [Read More…]

The owner of Texas Cafe in Rio Grande City, Texas, Becky Garza, speaks with ABC News’ Mireya Villareal in December 2024. (Mireya Villareal) (RIO GRANDE CITY, TEXAS) — Emily Williams Knight, president and CEO of [Read More…]

Kena Betancur/VIEWpress (WASHINGTON) — America’s closest neighbors, Canada and Mexico, excoriated President Donald Trump for slapping historic tariffs on goods from their countries. Trump’s broad tariffs went into effect on Tuesday, along with increased duties [Read More…]

lvcandy/Getty Images (NEW YORK) — The stock market fell in early trading on Tuesday, just hours after the Trump administration’s long-promised tariffs took effect. The Dow Jones Industrial Average dropped nearly 800 points, or 1.8%; while the [Read More…]

Kena Betancur/VIEWpress (WASHINGTON) — President Donald Trump’s broad tariffs on imported goods from Mexico and Canada went into effect on Tuesday, along with increased duties on goods from China, a move that prompted a swift [Read More…]

Andrew Harnik/Getty Images (WASHINGTON) — Economists say the uncertainty from President Donald Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy. “It’s a very [Read More…]

Bonnie Cash/UPI/Bloomberg via Getty Images (NEW YORK) — Consumer confidence plummeted in February, indicating worry about the direction of the U.S. economy under President Donald Trump. A gauge of consumer confidence registered its largest monthly drop since August [Read More…]

Adam Gault/Getty Images (NEW YORK) — Americans’ household debt — including credit cards, mortgages, auto loans and student loans — is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal [Read More…]