Category Archives: Business News – ABC Audio
Hiring slowed in December, defying Federal Reserve's effort to boost hiring
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. (Chip Somodevil...
Jan 09, 2026
Could Venezuelan oil bring down US gas prices? Experts weigh in
A gas pump is seen in a vehicle on November 26, 2025 in Austin, Texas. (Brandon Bell/Getty Images)(NEW YORK) -- President Donald Trump has repeatedly touted the opportunity for U.S. companies to extra...
Jan 08, 2026
Why are mortgage rates at their lowest level since 2024?
A for sale sign is seen in front of a house in a Spring Branch neighborhood in Houston, Monday, Oct. 27, 2025. Kirk Sides/Houston Chronicle via Getty Images(NEW YORK) -- Mortgage rates this week ...
Jan 02, 2026
White House delays new tariffs on furniture, kitchen cabinets and vanities
Photo by Joe Raedle/Getty Images(WASHINGTON) In the latest reversal of his signature economic policy, President Donald Trump is rolling back tariffs on furniture, kitchen cabinets and vanities.Higher ...
Jan 01, 2026
What did holiday shopping reveal about the US economy?
Shoppers at the Glendale Galleria in Glendale, CA on Saturday, Dec. 20, 2025. Myung J. Chun / Los Angeles Times via Getty Images(NEW YORK) -- Holiday shopping season sets forth an annual gut chec...
Dec 31, 2025
The new cars and SUVs everyone will be talking about in 2026
The all-new 2026 Kia K4 Hatchback is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 21, 2025 in Los Angeles, California. (Josh Lefkowitz/Getty Images...
Dec 31, 2025
The stock market surged in 2025. What do experts think could happen in 2026?
Javier Ghersi/Getty Images(NEW YORK) -- The stock market surged to record highs in 2025, hurtling past tariffs, a government shutdown and fears of a bubble in artificial intelligence.The S&P 500 -...
Dec 31, 2025
What's driving the rollercoaster in gold and silver prices?
Christopher Furlong/Getty Images(NEW YORK) -- Silver prices on Monday suffered their largest single-day drop in almost five years, before rebounding nearly 8% in midday trading on Tuesday. Some other ...
Dec 30, 2025
These states will raise the minimum wage in 2026
Union leaders and members celebrate the defeat of a measure to overturn the hotel and airport $30 per hour minimum wage at Los Angeles City Hall in downtown, Sept. 9, 2025 in Los Angeles, CA. Gary Cor...
Dec 29, 2025
US economy grew more than expected in 3rd quarter
Person shopping (Kinga Krzeminska/Getty Images)(NEW YORK) -- The U.S. economy expanded more than economists expected over a recent three-month period, recording robust growth despite concerns about sl...
Dec 23, 2025
