Category Archives: Business News – ABC Audio
'Dumb': Canada, Mexico blast historic Trump tariffs, threaten retaliation
Kena Betancur/VIEWpress(WASHINGTON) -- America's closest neighbors, Canada and Mexico, excoriated President Donald Trump for slapping historic tariffs on goods from their countries.Trump's broad tarif...
Mar 04, 2025
Automakers head north to test new cars. This year is proving more difficult
VolvoWhen Swedish automaker Volvo opened its proving ground in Kiruna, Sweden, 30 years ago, the mission was clear: "Making sure that our products are truly fit for the harshest of winter conditions."...
Mar 02, 2025
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Andrew Harnik/Getty Images(WASHINGTON) -- Economists say the uncertainty from President Donald Trump’s tariff threats and mass layoffs of government workers are starting to have a “chillin...
Feb 27, 2025
Consumer confidence falters, signaling worry about economy under Trump
Bonnie Cash/UPI/Bloomberg via Getty Images(NEW YORK) -- Consumer confidence plummeted in February, indicating worry about the direction of the U.S. economy under President Donald Trump....
Feb 25, 2025
Americans' credit card debt reaches new record high: New York Federal Reserve
Adam Gault/Getty Images(NEW YORK) -- Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high $18.04 trillion, according to a...
Feb 13, 2025
Tesla shares have plunged while Musk takes on Washington. Is that the reason?
Christian Marquardt/Getty Images(NEW YORK) -- While Elon Musk has vaulted into a powerful role overhauling government agencies and upending Washington, the world's richest person has suffered a $106 b...
Feb 13, 2025
Tesla shares have plunged while Musk takes on Washington. Is that the reason?
(Anton Petrus/Getty Images)(NEW YORK) -- While Elon Musk has vaulted into a powerful role overhauling government agencies and upending Washington, the world's richest person has suffered a $106 billio...
Feb 13, 2025
Inflation increased in January, posing obstacle for Trump tariff plans
Frederic J. Brown/AFP via Getty Images(NEW YORK) -- Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff...
Feb 12, 2025
Ex-employees say Tom Krause, tapped by Musk to overhaul Treasury, was a 'hatchet man'
Chip Somodevilla/POOL/AFP via Getty Images(NEW YORK) -- An Elon Musk ally hired to overhaul the U.S. Department of Treasury has a lengthy record of undertaking hardline reforms in the private sector t...
Feb 11, 2025
Quiksilver, Billabong and Volcom stores are closing in the US in 2025
(Bundit Minramun/Getty Images)(NEW YORK) -- Quiksilver, Billabong, and Volcom, known for their surf and skate products, are closing stores in the United States.The parent company of the brick-and-mort...
Feb 08, 2025
