Category Archives: Business News – ABC Audio
Prices climbed less than expected in July, despite Trump's tariffs
Joe Raedle/Getty Images(WASHINGTON) -- Consumer prices rose 2.7% in July compared to a year ago, clocking in lower than economists expected and holding steady from the previous month. The reading defi...
Aug 12, 2025
What to know about the Trump administration's deal with AI chipmakers
VCG/VCG via Getty Images(WASHINGTON) -- AI chipmakers Nvidia and Advanced Micro Devices struck an extraordinary accord to pay the United States government 15% of the revenue the two companies are set ...
Aug 11, 2025
Why the stock market shrugged off weak data, recession fears
Matteo Colombo/Getty Images(NEW YORK) -- Weak jobs data came out hours before President Donald Trump fired the head of labor statistics. A report on gross domestic product indicated a slowdown of grow...
Aug 08, 2025
Trump calls on Intel CEO to resign
Justin Sullivan/Getty Images(WASHINGTON) -- President Donald Trump called on the CEO of Intel, Lip-Bu Tan, to resign "immediately.""The CEO of INTEL is highly CONFLICTED and must resign, immediately. ...
Aug 07, 2025
OpenAI releases GPT-5, the latest model fueling ChatGPT
Andrew Harnik/Getty Images(NEW YORK) -- OpenAI on Thursday released GPT-5, unveiling a new version of the artificial intelligence model that fuels popular chatbot ChatGPT. The product will be made imm...
Aug 07, 2025
Trump's sweeping new tariffs take effect
Chip Somodevilla/Getty Images(WASHINGTON) -- President Donald Trump’s sweeping new tariffs finally took effect on Thursday, slapping levies on dozens of countries and risking price increases for...
Aug 07, 2025
About 3,200 Boeing jet and weapons workers begin strike
Jon Hobley | MI News/NurPhoto via Getty Images(ST. LOUIS) -- About 3,200 union members at Boeing facilities in Michigan and Illinois went on strike at midnight on Monday after rejecting an contract of...
Aug 04, 2025
ABC starts broadcasting with new affiliate in Miami
Anthony Devlin/Getty Images(MIAMI) -- ABC began broadcasting with a new local affiliate in Miami on Monday, just months after Disney Entertainment struck an agreement with Sunbeam Television Corporati...
Aug 04, 2025
Weak jobs report 'not what we want to see,' White House says
Anna Moneymaker/Getty Images(NEW YORK) -- Hiring slowed in July as President Donald Trump's tariffs pinched the balance sheets of some major companies and reshaped the nation's trade relatio...
Aug 01, 2025
Stocks tumble after Trump unveils sweeping new tariffs
Spencer Platt/Getty Images(NEW YORK) -- U.S. stocks tumbled in early trading on Friday, just hours after President Donald Trump signed an executive order slapping new tariffs on dozens of co...
Aug 01, 2025
