Category Archives: Business News – ABC Audio
Kentucky bourbon exports at risk as Trump-Canada trade tensions escalate
Bryan Woolston/Getty Images(FRANKFORT, KY) -- Kentucky's bourbon industry faces potential devastation as President Donald Trump's latest tariff dispute with Canada threatens to halt $43 million in ann...
May 07, 2025
Fed holds interest rates steady, defying pressure from Trump
Vincent Alban/Getty Images(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and...
May 07, 2025
What Trump's latest tariff proposal could mean for Hollywood, moviegoers
Tasos Katopodis/Getty Images(WASHINGTON) -- President Donald Trump late Sunday proposed a 100% tariff on foreign-made films, saying the policy would counteract financial incentives that have drawn Hol...
May 06, 2025
'Cult following': Why automakers are still making wagons in the SUV era
"We're seeing lots of customer demand for the M5 Touring," said Juliana Ochs, a manager of business development for BMW Luxury Class and M. Image via BMW.(NEW YORK) -- Think your giant sport-utility v...
May 03, 2025
Collections on defaulted student loans may affect millions of people's credit scores
ayk7/Getty Images(NEW YORK) -- President Donald Trump's administration is set to begin collecting defaulted student loan payments next week -- which could harm the credit scores of millions of borrowe...
May 02, 2025
Hiring slowed in April amid turmoil set off by Trump's 'Liberation Day' tariffs
Narisara Nami/Getty Images(NEW YORK) -- Hiring slowed but remained robust in April following President Donald Trump's "Liberation Day" tariff announcement early last month, fresh data on Friday showed...
May 02, 2025
US economy expected to have slowed sharply at start of Trump's 2nd term
Spencer Platt/Getty Images(WASHINGTON) -- Government data to be released on Wednesday is expected to show a sharp economic slowdown over the initial months of President Donald Trump’s second ter...
Apr 30, 2025
Trump to ease tariffs faced by US automakers
Ashley Cooper/Getty Images(WASHINGTON) -- President Donald Trump is set to provide tariff relief for carmakers on Tuesday, just weeks after the onset of auto levies triggered warnings of price increas...
Apr 29, 2025
Trump's economic policies shake norms, markets as uncertainty looms
Chip Somodevilla/Getty Images(WASHINGTON) -- Few of President Donald Trump's first 100 days in his second term carried more fanfare than April 2, which Trump previewed for weeks under the moniker of "...
Apr 29, 2025
Consumer gloom amid Trump's tariffs expected to have worsened in April
Brandon Bell/Getty Images(NEW YORK) -- A new survey of consumers on Tuesday is expected to show attitudes worsened in April, casting further gloom over the economy as President Donald Trump’s ta...
Apr 29, 2025
