Business

Fed Chair Powell says he expects Trumps tariffs will hike inflation and slow growth

Friday, April 4 by ABC News

(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... Read More.

US stocks slide amid escalating tariff fallout

Friday, April 4 by ABC News

(NEW YORK) -- U.S. stocks continued their plunge in early trading on Friday, just hours after China announced retaliatory tariffs in response to President... Read More.

US hiring surged in March, defying recession fears

Friday, April 4 by ABC News

(NEW YORK) -- U.S. hiring surged in March, blowing past economists' expectations and defying concern on Wall Street about a possible economic recession, government... Read More.

US stock futures slump amid escalating tariff fallout

Friday, April 4 by ABC News

(NEW YORK) -- Stock markets continued their slide on Friday morning, as the shockwaves of President Donald Trump's "Liberation Day" tariffs continued to reverberate... Read More.

Jobs report set to offer gauge of economic health amid Trumps tariffs

Friday, April 4 by ABC News

(NEW YORK) -- Hiring data to be released on Friday will offer a gauge of the nation's economic health, just a day after President... Read More.

Kentucky Bourbon industry caught in middle of global tariff war

Thursday, April 3 by ABC News

(NEW YORK) -- The Kentucky bourbon industry said it is reeling from retaliatory actions taken by Canada and the European Union in response to... Read More.

US stocks suffer major losses in 1st trading session after Trumps tariffs announcement

Thursday, April 3 by ABC News

(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... Read More.

US stocks sink in 1st trading after Trumps tariffs announcement

Thursday, April 3 by ABC News

(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... Read More.

Amazon joins bidding war for TikTok as deadline for sale approaches: Sources

Thursday, April 3 by ABC News

(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... Read More.

World leaders blast Trump tariffs as markets slump

Thursday, April 3 by ABC News

(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... Read More.

Stock market flat ahead of Trumps Liberation Day tariffs

Wednesday, April 2 by ABC News

(NEW YORK) -- U.S. stocks stood essentially unchanged in trading on Wednesday hours before President Donald Trump's expected announcement of sweeping tariffs, which the... Read More.