Category Archives: Business News – ABC Audio
'Trump Coins' lauds Trump for soaring gold prices. Experts point to economic uncertainty
Mario Tama/Getty Images(WASHINGTON) -- A marketing email distributed this month by Trump Coins, a commemorative coin venture launched last year by President Donald Trump, attributes the soaring value ...
Apr 28, 2025
New automaker Slate unveils a no-frills, stripped down electric truck for under $30K
Image via Slate.(NEW YORK) -- The country's electric vehicle market has an affordability problem.Enter Slate, a new company backed by Amazon CEO Jeff Bezos and two investment funds. On Thursday, compa...
Apr 25, 2025
US stocks rally as Trump signals thaw in trade war, Tesla shares soar
Spencer Platt/Getty Images) (NEW YORK) -- U.S. stocks rallied in early trading on Wednesday, one day after President Donald Trump said tariffs on China would “come down substantially.”Trum...
Apr 23, 2025
Seniors lost $4.8 billion to scammers in 2024: FBI
Karl-Josef Hildenbrand/picture alliance via Getty Images(NEW YORK) -- Seniors lost $4.8 billion in 2024 to scammers, according to a report released Wednesday by the FBI.In total, people in the United ...
Apr 23, 2025
Tesla profits drop 71% amid anti-Musk backlash
Photo by Chip Somodevilla/Getty Images(NEW YORK) -- Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell shor...
Apr 22, 2025
Tesla earnings to show whether anti-Musk backlash damaged bottom line
Smith Collection/Gado/Getty Images(WASHINGTON) -- Worldwide protests against Tesla CEO Elon Musk over his role in the Trump administration have coincided with a sales slump and stock woes at the elect...
Apr 22, 2025
5 million student loan borrowers face mandatory collections starting May 5
(WASHINGTON) -- Some 5 million Americans with defaulted student loan payments will have their loans sent for collections on May 5, the Department of Education announced on Monday.Next month, for the f...
Apr 22, 2025
Stocks slide as Trump escalates criticism of Fed Chair Powell
Matteo Colombo/Getty Images(NEW YORK) -- U.S. stocks tumbled in early trading on Monday as President Donald Trump escalated his criticism of the Federal Reserve, urging the central bank to i...
Apr 21, 2025
These companies said they will raise prices in response to Trump's tariffs
(97/Getty Images)(NEW YORK) -- President Donald Trump this month slapped tariffs on most products that enter the United States. Economists widely expect the policy to raise prices for U.S. shoppers as...
Apr 19, 2025
'No one is exempt': How tariffs could impact sales of new vehicles
Hyundai vehicles on display at the New York International Auto Show on April 16, 2025 in New York City. (Photo by Adam Gray/Getty Images)(NEW YORK) -- This weekend, consumers and auto enthusiasts will...
Apr 19, 2025
