Category Archives: Business News – ABC Audio
Fed Chair Powell says rising inflation and slow hiring pose 'challenging situation'
Construction continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on September 16, 2025 in Washington, DC. (Kevi...
Sep 23, 2025
Fed cuts interest rates for 1st time in Trump's 2nd term
Kevin Dietsch/Getty Images(NEW YORK) -- The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its first interest rate cut this year in an effort ...
Sep 17, 2025
Fed cuts interest rates for 1st time in Trump's 2nd term
Kevin Dietsch/Getty Images(NEW YORK) -- The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its first interest rate cut this year in an effort ...
Sep 17, 2025
Trump races to reshape Fed days before interest rate decision
Chip Somodevilla/Getty Images(WASHINGTON) -- Twelve policymakers at the Federal Reserve are set to take a high-stakes vote this week on the nation's benchmark interest rate, attempting to steer the ec...
Sep 15, 2025
Mortgage rates are falling fast. Is it a good time to buy a home?
moodboard/Getty Images(NEW YORK) -- Mortgage rates have fallen rapidly in recent months, offering homebuyers an opportunity for some borrowing relief if they move ahead with the big-ticket purchase.Th...
Sep 13, 2025
Inflation climbed in August as Trump's tariffs intensified
President Donald Trump speaks to Treasury Secretary Scott Bessent while watching the men's singles finals U.S. Open, September 7, 2025 in New York City. (Kevin Dietsch/Getty Images)(NEW YORK) -- Consu...
Sep 11, 2025
Wholesale prices unexpectedly fall amid Trump's tariffs
lvcandy/Getty Images(NEW YORK) -- Wholesale prices unexpectedly dropped in August, clocking in lower than economists expected and defying concerns about a tariff-induced spike in costs suffe...
Sep 10, 2025
US economy added 911,000 fewer jobs than previously reported
Marko Geber/Getty Images(NEW YORK) -- U.S. employers added far fewer jobs in 2024 and early 2025 than previously thought, indicating the labor market may have been significantly weaker than initial es...
Sep 09, 2025
Why is it hard to find a job right now? Experts weigh in
Treasury Secretary Scott Bessent speaks alongside President Donald Trump during a press availability in the Oval Office of the White House, Sept. 5, 2025. (Kevin Dietsch/Getty Images)(NEW YORK) -- Emp...
Sep 08, 2025
Hiring slowdown continues in 1st jobs report since Trump fired commissioner
Narisara Nami/Getty Images(WASHINGTON) -- Fresh jobs data on Friday showed a continued hiring slowdown in the first such release since a dismal jobs report last month prompted President Dona...
Sep 05, 2025
