Category Archives: Business News – ABC Audio

Trump's impact on European politics: Rise of the right and liberals pushing back
Andrew Harnik/Getty Images(WASHINGTON) -- If this past weekend in European politics is an indicator of anything, it's that the "Trump effect" is real, and its reverberations are unpredictable.Three Eu...
David Brennan and Ellie Kaufman, ABC News May 21, 2025

Stocks slide after Moody's downgrades US debt
Matteo Colombo/Getty Images(NEW YORK) -- Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that threatened to raise borrowing costs thro...
Max Zahn, ABC News May 19, 2025

Consumer sentiment worsens despite Trump's rollback of tariffs, survey says
Anna Moneymaker/Getty Images(NEW YORK) -- Consumer attitudes soured in May for the fourth consecutive month, even as President Donald Trump dialed back some tariffs. The reading came in belo...
Max Zahn, ABC News May 16, 2025

Inflation is dropping but these prices are still soaring
Spencer Platt/Getty Images(NEW YORK) -- Inflation cooled in the aftermath of President Donald Trump's "Liberation Day" levies last month, dropping to a four-year low and defying fears of tariff-driven...
Max Zahn, ABC News May 15, 2025

Winners of Trump's meme coin contest potentially include foreign investors
Tom Williams/CQ-Roll Call, Inc via Getty Images(WASHINGTON) -- The race to win tickets to an exclusive crypto dinner gala with President Donald Trump at his private golf club in Virginia on May 22 end...
Soo Rin Kim, Lucien Bruggeman, and Olivia Rubin, ABC News May 13, 2025

Inflation data to reveal impacts of Trump's 'Liberation Day' tariffs
Yevgen Romanenko via Getty Images(WASHINGTON) -- This week's inflation report will offer a first look at how President Donald Trump's "Liberation Day" tariff announcement has impacted pricing across t...
Max Zahn, ABC News May 13, 2025

Stocks soar as US and China agree to slash tariffs
Matteo Colombo/Getty Images(NEW YORK) -- U.S. stocks soared on Monday, just hours after the U.S. and China announced an agreement to slash tariffs for 90 days as the world’s two largest economie...
Max Zahn, ABC News May 12, 2025

Do Trump's tariffs put small businesses at greater risk? Experts weigh in
(Thana Prasongsin/Getty Images)(NEW YORK) -- A carousel ride and 12 flavors of fudge await shoppers at LARK Toys, a family-owned toy shop outside Minneapolis, Minnesota.The glee on offer belies the st...
Max Zahn, ABC News May 10, 2025

Trump floats lower tariffs on China. What would it mean for prices?
Peter Kramer/NBC via Getty Images(WASHINGTON) -- President Donald Trump on Friday voiced a willingness to ease tariffs on China, saying on social media it "seems right" to slash levies from 145% to 80...
Max Zahn, ABC News May 09, 2025

Mortgage rates are falling. Is it a good time to buy a home?
ABC NewsMortgage rates have dropped over the early months of 2025, offering homebuyers an opportunity for some borrowing relief if they move ahead with the big-ticket purchase.The housing market remai...
Max Zahn May 08, 2025
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