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HomeBusiness ( Page 29)

Business

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Economists say Trump tariff threats, DOGE job cuts are chilling the economy

Thursday, February 27 by ABC News
(WASHINGTON) -- Economists say the uncertainty from President Donald Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling”... Read More.

Consumer confidence falters, signaling worry about economy under Trump

Tuesday, February 25 by ABC News
(NEW YORK) -- Consumer confidence plummeted in February, indicating worry about the direction of the U.S. economy under President Donald Trump.A gauge of... Read More.

Americans credit card debt reaches new record high: New York Federal Reserve

Thursday, February 13 by ABC News
(NEW YORK) -- Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high $18.04... Read More.

Tesla shares have plunged while Musk takes on Washington. Is that the reason?

Thursday, February 13 by ABC News
(NEW YORK) -- While Elon Musk has vaulted into a powerful role overhauling government agencies and upending Washington, the world's richest person has suffered... Read More.

Inflation increased in January, posing obstacle for Trump tariff plans

Wednesday, February 12 by ABC News
(NEW YORK) -- Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle... Read More.

Ex-employees say Tom Krause, tapped by Musk to overhaul Treasury, was a hatchet man

Tuesday, February 11 by ABC News
(NEW YORK) -- An Elon Musk ally hired to overhaul the U.S. Department of Treasury has a lengthy record of undertaking hardline reforms in... Read More.

Quiksilver, Billabong and Volcom stores are closing in the US in 2025

Saturday, February 8 by ABC News
(NEW YORK) -- Quiksilver, Billabong, and Volcom, known for their surf and skate products, are closing stores in the United States.The parent company of... Read More.

Trumps tariffs could increase home prices and mortgage rates, some experts say

Wednesday, February 5 by ABC News
(WASHINGTON) -- Housing prices are soaring twice as fast as overall inflation. The average rate on a 30-year mortgage topped 7% in January for... Read More.

Trumps tariffs threaten job losses, experts say. These may be the hardest hit

Tuesday, February 4 by ABC News
(WASHINGTON) -- Autoworkers, farmers and alcohol distillers are among a set of U.S. workers who risk losing their jobs as a result of potential... Read More.

Trumps tariffs send stock market falling

Monday, February 3 by ABC News
(NEW YORK) -- The stock market fell on Monday after President Donald Trump slapped tariffs on Canada, Mexico and China, eliciting threats of retaliation... Read More.

These prices could climb within days if Trump slaps tariffs on Canada and Mexico

Friday, January 31 by ABC News
(WASHINGTON) -- Tariffs on goods from Mexico and Canada that are set to take effect could hike the price of a gallon of gasoline... Read More.

Fed holds interest rates steady, defying pressure from Trump

Wednesday, January 29 by ABC News
(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower... Read More.
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