Category Archives: Business News – ABC Audio

Oil prices surge and stocks slump after Israel attack on Iran
Brandon Bell/Getty Images(NEW YORK) -- Oil prices surged and stocks slumped on Friday morning in the immediate hours after Israel began an attack on Iran targeting nuclear sites an...
Max Zahn, ABC News Jun 13, 2025

Nintendo Switch 2 races to record sales, driven by Mario Kart World's blockbuster debut
Stanislav Kogiku/SOPA Images/LightRocket via Getty Images(LONDON) -- The Nintendo Switch 2 is off to a turbo-charged start, thanks to a little help from Mario and his friends in Mario Kart World, smas...
Jon Haworth, ABC News Jun 11, 2025

Inflation ticked slightly higher in May amid Trump tariffs
Scott Olson/Getty Images(WASHINGTON) -- The U.S. Consumer Price Index released on Wednesday showed May inflation ticking slightly higher, rising 2.4%, in line with expectations.The report amounted to ...
Max Zahn, ABC News Jun 11, 2025

What does the Trump-Musk feud mean for Tesla stock? Experts weigh in.
Jeff Bottari/Zuffa LLC(NEW YORK) -- A feud between President Donald Trump and Tesla CEO Elon Musk hammered shares of the electric carmaker on Thursday, before a lull in the acrimony on Friday prompted...
Max Zahn, ABC News Jun 06, 2025

US trade deficit narrowed significantly amid Trump's tariff escalation
Marcus Brandt/picture alliance via Getty Images(NEW YORK) -- The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of ...
Max Zahn, ABC News Jun 05, 2025

'Danger zone': Top companies weather uncertainty as Trump's tariffs fluctuate
Scott Olson/Getty Images(NEW YORK) -- Executives at major corporations, including Target, Goldman Sachs and Pepsi, have invoked the same one-word boogeyman on recent earnings calls: "Uncertainty."Conc...
Max Zahn, ABC News Jun 04, 2025

Trump's sons distance themselves from new Trump-branded crypto venture
Tasos Katopodis/Getty Images(WASHINGTON) -- A digital asset company has collaborated with the firm behind President Donald Trump's $TRUMP meme coin to launch what it's calling the "Official $TRUMP Wal...
Lucien Bruggeman, ABC News Jun 04, 2025

US economic outlook slashed by OECD as Trump's tariffs upend global growth
Tasos Katopodis/Getty Images(NEW YORK) -- The United States' economic growth forecast was cut sharply on Tuesday by the Organization for Economic Co-operation and Development, or OECD, which...
Max Zahn, ABC News Jun 03, 2025

Trump's hike of steel and aluminum tariffs could raise these prices
Kevin Dietsch/Getty Images(WASHINGTON) -- Price increases could hit canned soup, dishwashers, cars and an array of other products as a result of President Donald Trump’s planned hike o...
Max Zahn, ABC News Jun 02, 2025

AI influencers compete for followers and brand deals on social media
Imma is the creation of a company called Aww, Inc. (ABC News)(NEW YORK) -- Snapchat influencer Caryn Marjorie arrives at the ABC News headquarters in New York City carrying a shopping bag from Apple. ...
Nathan Rousseau Smith, ABC News May 31, 2025
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