Category Archives: Business News – ABC Audio
Stocks close higher after mixed rulings on Trump's tariffs
Matteo Colombo/Getty Images(NEW YORK) -- Stocks closed higher on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on Chi...
May 29, 2025
Macy's slashes profit forecast, says tariffs dampen outlook
Craig T Fruchtman/Getty Images(NEW YORK) -- Macy's slashed its full-year profit forecast on Wednesday, attributing the downbeat expectations in part to tariffs imposed by President Donald Trump.The Ne...
May 28, 2025
What is a stablecoin and what could it mean for your finances?
Silas Stein/picture alliance via Getty Images(NEW YORK) -- The GENIUS Act, a cryptocurrency regulation bill making its way through the Senate, has thrust a little-known type of digital asset into the ...
May 28, 2025
Consumer confidence brightens as Trump rolls back tariffs
lechatnoir/Getty Images(NEW YORK) -- Consumer confidence improved more than expected in May, ending a monthslong stretch of worsening consumer attitudes as President Donald Trump’s tariffs set o...
May 27, 2025
Want an electric vehicle but not a Tesla? Here are some great alternatives
ABC NewsBuying a Tesla has become a bit more complicated in the past year.The company's Model Y and Model 3 continue to be the best-selling electric vehicles in the U.S., accounting for more than 40% ...
May 25, 2025
Trumps wants to create manufacturing jobs. His tech allies invest in robots to do the work.
Andrew Harnik/Getty Images(WASHINGTON) -- President Donald Trump has disrupted global trade and roiled markets in an effort to bring manufacturing jobs back to the U.S. Some of his top tech allies, ho...
May 24, 2025
Trump's top meme coin investors visit White House
Win McNamee/Getty Images(WASHINGTON) -- Despite repeated claims from the White House that President Donald Trump's Thursday night gala for the top holders of his cryptocurrency meme coin had nothing t...
May 24, 2025
Stocks slide as Trump threatens tariffs on Apple and European Union
Spencer Platt/Getty Images(NEW YORK) -- Stocks tumbled in early trading on Friday after President Donald Trump threatened new tariffs targeting tech giant Apple and the European Union.The Dow Jones In...
May 23, 2025
Bitcoin hits a record high. Here's why.
VCG/VCG via Getty Images(NEW YORK) -- Bitcoin surged to a record high on Thursday, vaulting more than 3% in early trading and hurtling past $110,000 for the first time.The price of bitcoin stood ...
May 22, 2025
Dow closes down 800 points as bond sell-off rattles markets
Photo by Jaque Silva/NurPhoto via Getty Images(NEW YORK) -- Stocks closed down significantly on Wednesday as bond yields spiked amid deficit concerns centered on a tax cut measure under consideration ...
May 21, 2025
