ABC Business News

Scott Olson/Getty Images (MADISON, WI) — Just hours after the state Supreme Court rejected Wisconsin Attorney General Josh Kaul’s effort to block Elon Musk from handing out $1 million checks on Sunday night, the billionaire [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Inflation held steady in February compared to a year ago, according to a release from the Federal Reserve’s preferred gauge of price increases. The reading matched economists’ expectations. Consumer [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — U.S. stocks ticked higher on Thursday in the first trading since President Donald Trump announced 25% auto tariffs. The tariffs have escalated a global trade war and prompted forecasts [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — U.S. stocks slid on Thursday in the first trading since President Donald Trump announced 25% auto tariffs, escalating a global trade war and prompting forecasts of higher car [Read More…]

NPR CEO Katherine Maher, PBS President & CEO Paula Kerger; Bill Clark/CQ-Roll Call, Inc via Getty Images (WASHINGTON) — Republicans accused public media outlets NPR and PBS of bias at a House subcommittee hearing on [Read More…]

Noel Hendrickson/Getty Images (NEW YORK) — President Donald Trump has vowed to issue a fresh round of tariffs on April 2, presenting it as an inflection point for the economy weeks after a previous set [Read More…]

Drew Angerer/Getty Images (NEW YORK) — New Mega Millions rules will come into play next month, the company has announced, under which the minimum jackpot value will more than double to $50 million. The new [Read More…]

97/Getty Images (NEW YORK) — Consumer attitudes worsened in March as President Donald Trump’s tariffs set off a market rout and warnings of a possible recession, Conference Board survey data on Tuesday showed. Sentiment worsened [Read More…]

Kevin Dietsch/Getty Images (WASHINGTON) — Boeing is seeking to withdraw its guilty plea agreement with the Department of Justice in the criminal cases surrounding two deadly 737 MAX crashes, sources familiar with the matter told [Read More…]

Justin Sullivan/Getty Images (NEW YORK) — Over the weekend, genetic testing and biotechnology company 23andMe filed for Chapter 11 bankruptcy. Founded in 2006, the company became popular with millions of Americans who sent in samples [Read More…]

(Andrew Harnik/Getty Images) (NEW YORK) — A representative of the Securities and Exchange Commission served Elon Musk earlier this month with a copy of a complaint alleging he misled investors when he bought millions of [Read More…]

Federal Reserve Chairman Jerome Powell/Kevin Dietsch/Getty Images (WASHINGTON) — President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged. [Read More…]

Spencer Platt/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell stepped to the podium in August with a sunny forecast that defied the snow-capped mountains inscribed on curtains behind him. The central bank planned to [Read More…]

Spencer Platt/Getty Images (NEW YORK) — The Federal Reserve is set to announce its first interest rate decision since a global trade war touched off by President Donald Trump’s tariffs sent stocks reeling and triggered [Read More…]

Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — As Tesla stock has fallen in recent weeks, members of the board and an executive at Elon Musk’s company have been selling off millions of dollars in [Read More…]

Ni Lifang/VCG via Getty Images (NEW YORK) — President Donald Trump’s tariffs sent stocks tumbling in recent weeks, but the uncertainty helped propel a different asset viewed as a safe haven: gold. The price of [Read More…]

Harvard Yard/ Andrew Lichtenstein/Corbis via Getty Images) (CAMBRIDGE, Mass.) — Harvard University on Monday announced that tuition will be free for students from families with annual incomes of $200,000 or less starting in the 2025-26 [Read More…]

lechatnoir/Getty Images (NEW YORK) — Consumer attitudes soured in March alongside slumping markets and growing concern about a possible recession, University of Michigan survey data on Friday showed. Sentiment worsened more than economists expected. The [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks climbed in early trading on Thursday, advancing amid signs the federal government may avert a shutdown and recovering some of the losses suffered during an escalating trade [Read More…]

Makoto Honda / 500px/Getty Images (WASHINGTON) — President Donald Trump on Thursday stood firm on his tariff policy, hours after threatening to escalate a global trade war with a 200% tariff on champagne and other [Read More…]