ABC Business News

A display of one kilogram gold bars at Conclude Zrt bullion dealer arranged in Budapest, Hungary, on Thursday, Jan. 22, 2026. Gold closed in on $5,000 an ounce, with geopolitical risks and renewed threats to [Read More…]

U.S. President Donald Trump gives a speech at the World Economic Forum (WEF) on January 21, 2026, in Davos, Switzerland. The annual meeting of political and business leaders comes amid rising tensions between the United [Read More…]

A large vinyl decal displaying the official circular logo of the European Parliament, along with the full blue and yellow starred flag of the European Union, is affixed to the glass curtain wall of the [Read More…]

Photo of Wall Street (Matteo Colombo/Getty Images) (NEW YORK) — Stocks closed down significantly on Tuesday, deepening losses suffered at the outset of trading, after President Donald Trump threatened tariffs on multiple European countries as part of [Read More…]

Photo of Wall Street (Matteo Colombo/Getty Images) (NEW YORK) — Stocks tumbled in early trading on Tuesday as President Donald Trump threatened tariffs on multiple European countries as part of a push for U.S. control of Greenland. The [Read More…]

Igor Golovniov/SOPA Images/LightRocket via Getty Images (NEW YORK) — Some Verizon customers were experiencing a service outage on Wednesday afternoon, according to the company. Verizon said it was not immediately clear how long the service [Read More…]

U.S. Federal Reserve Chair Jerome Powell. (Li Yuanqing/Xinhua via Getty Images) (NEW YORK) — An inflation report on Tuesday is set to provide a key gauge of the nation’s economy, just days after reports of [Read More…]

Money Cash Stocks Decline ( Anton Petrus/Getty Images) (NEW YORK) — Stocks slid in early trading on Monday hours after reports that the Department of Justice had opened a criminal investigation into Federal Reserve Chair Jerome Powell [Read More…]

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…]

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…]

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…]

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…]

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…]

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 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…]

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…]

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…]

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…]

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…]

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…]