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ABC Business News
Could Trump bring down home prices by banning Wall Street ownership?
U.S. President Donald Trump listens during a ceremony for the presentation of the Mexican Border Defense Medal in the Oval Office of the White House on December 15, 2025, in Washington, DC. (Photo by Anna [Read More…]
Hiring slowed in December, defying Federal Reserve’s effort to boost hiring
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. (Chip Somodevilla/Getty Images) (WASHINGTON) — Hiring ticked [Read More…]
Could Venezuelan oil bring down US gas prices? Experts weigh in
A gas pump is seen in a vehicle on November 26, 2025 in Austin, Texas. (Brandon Bell/Getty Images) (NEW YORK) — President Donald Trump has repeatedly touted the opportunity for U.S. companies to extract and [Read More…]
Why are mortgage rates at their lowest level since 2024?
A for sale sign is seen in front of a house in a Spring Branch neighborhood in Houston, Monday, Oct. 27, 2025. Kirk Sides/Houston Chronicle via Getty Images (NEW YORK) — Mortgage rates this week fell to [Read More…]
White House delays new tariffs on furniture, kitchen cabinets and vanities
Photo by Joe Raedle/Getty Images (WASHINGTON) In the latest reversal of his signature economic policy, President Donald Trump is rolling back tariffs on furniture, kitchen cabinets and vanities. Higher tariff rates on those goods that [Read More…]
What did holiday shopping reveal about the US economy?
Shoppers at the Glendale Galleria in Glendale, CA on Saturday, Dec. 20, 2025. Myung J. Chun / Los Angeles Times via Getty Images (NEW YORK) — Holiday shopping season sets forth an annual gut check for [Read More…]
The new cars and SUVs everyone will be talking about in 2026
The all-new 2026 Kia K4 Hatchback is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 21, 2025 in Los Angeles, California. (Josh Lefkowitz/Getty Images) (NEW YORK) [Read More…]
The stock market surged in 2025. What do experts think could happen in 2026?
Javier Ghersi/Getty Images (NEW YORK) — The stock market surged to record highs in 2025, hurtling past tariffs, a government shutdown and fears of a bubble in artificial intelligence. The S&P 500 — the index [Read More…]
What’s driving the rollercoaster in gold and silver prices?
Christopher Furlong/Getty Images (NEW YORK) — Silver prices on Monday suffered their largest single-day drop in almost five years, before rebounding nearly 8% in midday trading on Tuesday. Some other precious metals, including gold, rode [Read More…]
These states will raise the minimum wage in 2026
Union leaders and members celebrate the defeat of a measure to overturn the hotel and airport $30 per hour minimum wage at Los Angeles City Hall in downtown, Sept. 9, 2025 in Los Angeles, CA. [Read More…]
US economy grew more than expected in 3rd quarter
Person shopping (Kinga Krzeminska/Getty Images) (NEW YORK) — The U.S. economy expanded more than economists expected over a recent three-month period, recording robust growth despite concerns about sluggish hiring and cash-strappped shoppers, federal government data [Read More…]
What Trump’s threatened ‘blockade’ on sanctioned Venezuelan oil tankers means for gas prices
Venezuelan President Nicolas Maduro (center) is celebrated by participants at a rally marking the anniversary of a battle on the day Venezuelan opposition leader Machado was awarded the Nobel Peace Prize. (Jesus Vargas/picture alliance via [Read More…]
Inflation report to be released Thursday expected to show slight uptick in November
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. (Chip Somodevilla/Getty Images) (WASHINGTON) — An inflation [Read More…]
Warner Bros. board tells shareholders to reject Paramount offer in favor of Netflix
In this photo illustration a man holds a iPhone, that shows Netflix, Warner Bros and Paramount streaming apps on his phone screen on December 9, 2025 in Bristol, England. (Anna Barclay/Getty Images) (NEW YORK) — [Read More…]
Disney to invest $1 billion in OpenAI, permit use of characters on AI video generator
In this photo illustration, a silhouetted individual is seen holding a mobile phone with a Sora of ChatGPT OpenAI logo displayed in the background. (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images) (NEW YORK) [Read More…]
Bids for Warner Bros. Discovery face uncertain Trump approval process, some experts say
David Ellison, chairman and chief executive officer of Paramount Skydance Corp., center, outside the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. (Michael Nagle/Bloomberg via Getty Images) (NEW YORK) [Read More…]
Divided Fed set to announce decision on interest rates
The Federal Reserve logo is visible on the William McChesney Martin Jr. Building on December 9, 2025 in Washington, DC. (Andrew Harnik/Getty Images) (WASHINGTON) — The Federal Reserve is set to announce its latest adjustment [Read More…]
Netflix to acquire Warner Bros. studio and streaming business for $72 billion
NEW YORK (AP) — Netflix has struck a deal with Warner Bros. Discovery to buy the legacy Hollywood giant’s studio and streaming business for $72 billion. The acquisition, announced Friday, would bring two of the [Read More…]
Will AI ever make big profits? Experts weigh in as bubble fears loom
Kent Nishimura/Bloomberg via Getty Image (NEW YORK) — Fears of an artificial intelligence bubble have rattled the stock market in recent weeks and set off concern among critics about a wider risk to the U.S. [Read More…]
Black Friday online shopping expected to hit record high, data shows
Ian Forsyth/Getty Images (NEW YORK) — Online shoppers set a record high on Thanksgiving, paving the way for gangbusters performance on Black Friday, Adobe data showed. Digital spending on Thanksgiving jumped 5% from a year [Read More…]
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