Category Archives: Business News – ABC Audio
Uncertainty looms over US housing market in wake of Trump tariffs
ABC News(RALEIGH, N.C.) -- In the Research Triangle area in and around Raleigh, North Carolina, home sales and construction development are booming as thousands flock to the area in search of affordab...
Apr 09, 2025
Billionaire Trump backer Bill Ackman issues dire warning over tariffs
Jared Siskin/Patrick McMullan via Getty Images(NEW YORK) -- Hedge fund honcho Bill Ackman has joined a growing list of President Donald Trump's billionaire backers calling for the White House to slam ...
Apr 09, 2025
US stocks surge as Trump announces 90-day pause on some tariffs
CFOTO/Future Publishing via Getty Images(NEW YORK) -- U.S. stocks surged on Wednesday after President Donald Trump announced a 90-day pause in some tariffs.The Dow Jones Industrial Average climbed 2,3...
Apr 09, 2025
Trump moves full steam ahead on politically risky tariffs despite market tumult
Kevin Dietsch/Getty Images(WASHINGTON) -- After days of market tumult, President Donald Trump on Wednesday made good on his long-sought goal of imposing aggressive tariffs against dozens of ...
Apr 09, 2025
Trump touts falling oil prices, borrowing costs. Experts say they're warning signs.
Kevin Dietsch/Getty Images(WASHINGTON) -- President Donald Trump has repeatedly touted a drop in oil prices and borrowing costs as a sign that sweeping new tariffs bode well for the U.S. economy.Exper...
Apr 08, 2025
Trump admin tells prosecutors to ease up on crypto enforcement
U.S. President Donald Trump visits a cryptocurrency-themed bar called Pubkey in the West Village on September 18, 2024 in New York City. (Photo by Spencer Platt/Getty Images)(WASHINGTON) -- The Trump ...
Apr 08, 2025
Asian, European markets rebound, US futures edge up amid Trump tariff turmoil
Man Hei Leung/Anadolu via Getty Images(SEOUL) -- Asian markets opened up on Tuesday after posting significant losses on Monday driven by President Donald Trump's global tariffs campaign, with U.S. fut...
Apr 08, 2025
Black Monday to the COVID crash: Worst days in the history of the US stock market
Bettmann Archive via Getty Images(NEW YORK) -- As the world reels from tariffs instituted by the Trump administration, stock markets are widely in decline.On Friday, U.S. stock saw the worst decline s...
Apr 07, 2025
US stocks plunge as tariffs rattle markets worldwide
Sawayasu Tsuji/Getty Images(NEW YORK) -- U.S. stocks tumbled at opening on Monday as President Donald Trump's tariffs stoked fears of a wider global trade war and Wall Street firms sounded alarms abou...
Apr 07, 2025
Why you shouldn't 'go into debt' to beat the tariffs, experts say
Chip Somodevilla/Getty Images(NEW YORK) -- U.S. consumers are going on a tariff-induced shopping spree. From furniture, to appliances, to alcohol, Americans are rushing to buy before President Donald ...
Apr 05, 2025
