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US stocks close sharply lower, wiping away some of historic rally a day earlier
On Wednesday, Trump paused some tariffs but escalated a trade war with China.
April 10, 2025Tennessee Valley Authority, the nation's largest public utility, appoints a new CEO
The Tennessee Valley Authority has promoted one of its top executives to CEO as President Donald Trump has begun turning his attention back to the nation's largest public utility
March 31, 2025What could happen to your genetic data following 23andMe bankruptcy filing
Customers fear their data may be sold to a new company.
March 24, 2025
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April 12
How to invest as stocks hit trade-war turbulence
ABC News' Phil Lipof speaks with San Francisco Chronicle personal finance and utility columnist Jessica Roy.
April 12
April 11
'The markets are looking for anything to rally off of': Economist on tariffs
KPMG Chief Economist Diane Swonk discusses the whiplash on Wall Street as Americans start to feel the impact of tariffs.
April 11
April 11
Argentina's inflation was higher than expected in March, unwelcome news for President Milei
Argentina's statistics agency says that monthly inflation has accelerated to its fastest pace in seven months, with consumer prices up 3.7% from the month before mainly as a result of rising food prices
April 11
April 11
US stocks close higher, ending week of historic volatility with upswing
U.S. stocks closed higher on Friday, ending one of the most volatile weeks in Wall Street history on an upswing, despite an escalating U.S.-China trade war and acute inflation fears.
April 11
April 11
How major US stock indexes fared Friday, 4/11/2025
U.S. stocks jumped in another manic day on Wall Street, but the falling value of the U.S. dollar and other swings in financial markets suggest worries about President Donald Trump’s trade war remain high
April 11
April 11
US toy store owner says costs will skyrocket due to China tariffs
Toy stores are among the hardest hit by President Donald Trump's escalating trade war with China, with 77% of toys sold in the United States made in China.
April 11
April 11
US stocks close higher, ending week of historic volatility with upswing
Market gains defied an intensifying U.S.-China trade war and inflation fears.
April 11
April 11
Could Trump's tariffs slow emissions? Sure, experts say, but at great cost overall
President Donald Trump’s sweeping global tariffs could cause planet-warming greenhouse gas emissions to drop temporarily, but that won’t help the climate long-term
April 11
April 11
How the trade war with China could impact prices in US
Investopedia editor-in-chief Caleb Silver said he believes "the economy will slow" with inflation due to President Donald Trump’s tariffs.
April 11
April 11
A bond selloff is worrying Wall Street. Here's why it matters for you.
A bond slump days earlier helped push Trump to delay some tariffs.
April 11
April 11
Rest of the world see's 'US as a risky place to invest': Economist
Numerator chief economist Leo Feler discusses the continued fallout from President Donald Trump’s tariffs.
April 11
April 11
Trump tariffs grind on coffee and chocolate business owners
“It can’t really be grown in the United States," a barista said of coffee beans.
April 11
April 11
Consumer attitudes worsen amid Trump's tariff escalation: Survey
Trump's tariffs have triggered market turmoil and a trade war with China.
April 11
April 11
Walmart employee kills co-worker in Georgia store, wounds person outside sheriff says
Authorities say A Walmart employee shot and killed a co-worker inside a Georgia store and wounded a person outside while the business was closed to the public
April 11
April 11
JPMorgan CEO warns of uncertainty over global trade; bank logs Q1 profits of $14.6B
JPMorgan’s net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but the bank warned of global economic uncertainties ahead due to President Donald Trump’s ongoing trade war and ot...
April 11
April 11
Here's what some exporters in China say about Trump's trade war
The trade war between the world’s two largest economies is escalating as China slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products
April 11
April 11
In fight over insurance, neighbors crowdsource LA fire contamination data
Los Angeles-area residents whose homes survived the Eaton wildfire in January face a whole different set of struggles to their neighbors whose homes were burned to the ground
April 11
April 10
Spain’s prime minister visits China to strengthen ties with Trump's top tariff target
China and the West should join in supporting multilateralism and open cooperation, Chinese President Xi Jinping has told Spain’s visiting Prime Minister Pedro Sánchez, underscoring China’s opposition to U.S. demands amid global economic uncertainty cau...
April 10
April 10
Nuns invest in the stock market to secure futures and highlight causes
ABC News’ Elizabeth Schulze is in Atchison, Kansas where a group of nuns who secured their retirement by investing in the stock market, have become activists.
April 10
April 10
Tesla launches in Saudi Arabia with its first showroom and service center in Riyadh
Tesla has officially launched in Saudi Arabia, marking a new chapter in the company’s global expansion after Elon Musk’s troubled relationship with the kingdom
April 10
April 10
Stock market reaction is 'not normal': Expert
International policy expert, Matthew McGuire, discusses what the market reaction is as President Donald Trump remains optimistic as the stock market plummets.
April 10
April 10
Helicopter crashes in Hudson River, all 6 dead
All six people on board were killed when a helicopter plunged into the Hudson River by Lower Manhattan in New York City on Thursday afternoon, law enforcement sources told ABC News.
April 10
April 10
Stocks close lower, erasing some of historic rally
U.S. stocks tumbled a day after President Donald Trump's dramatic decision to suspend "reciprocal tariffs" on most American trading partners but escalate duties on China.
April 10
April 10
Meet the Gulf shrimpers rooting on Trump's tariffs in a Texas fishing town
While American consumers and markets wonder and worry about President Donald Trump’s on-again, off-again tariffs, Gulf coast shrimpers are cheering him on
April 10
April 10
US stocks close sharply lower, wiping away some of historic rally a day earlier
On Wednesday, Trump paused some tariffs but escalated a trade war with China.
April 10
April 10
'Damage has been done': Trump's tariffs still risk inflation and recession
U.S. stocks plunged on Thursday as investors digested Trump's tariff policy.
April 10
April 10
Trump defends tariffs but notes there will be 'transition problems'
Meeting with his Cabinet at the White House, President Donald Trump took a moment to defend his economic agenda after tariff confusion and changes.
April 10
April 10
Trump nominee for public lands post withdraws after her criticism of Jan. 6 attack surfaces
President Donald Trump’s nominee to oversee an agency that manages a quarter-billion acres of public land has withdrawn her nomination
April 10
April 10
Average US rate on a 30-year mortgage falls to 6.62%, easing for 3rd week in a row
The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another positive move for prospective homebuyers during what’s traditionally the housing market’s busy season
April 10
April 10
Where things stand for Trump in global tariff battle
In the aftermath of Wednesday’s tariff whiplash, President Donald Trump is deciding exactly what he wants out of trade talks with as many as 75 nations in the coming weeks
April 10
April 10
Coffee CEO will ‘keep holding on’ amid Trump tariffs
Explorer Cold Brew CEO Cason Crane says small businesses have “way fewer option than big businesses” when it comes to navigating shifting trade policies.
April 10
April 10
Cabot Creamery butter recalled over fecal bacteria contamination
A Vermont firm is recalling more than 1,700 pounds of butter because it may be contaminated with coliform, a type of bacteria found in fecal matter
April 10
April 10
US stocks slide, wiping away some of historic rally a day earlier
ABC News’ Rebecca Jarvis reports on the market reaction to President Donald Trump's decision to suspend "reciprocal tariffs" on most American trading partners but escalate duties on China.
April 10
April 10
US seeking 'selfish gains' with tariffs China says
The U.S. is wielding "tariffs as a weapon to exert maximum pressure," Chinese Foreign Ministry spokesperson Lin Jian told reporters at a Thursday briefing. ABC News’ Britt Clennett reports.
April 10
April 10
Prada Group buys Versace fashion house from its U.S. owner in a deal valued at $1.4 billion
The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion
April 10
April 10
US jobless benefit applications rise modestly as labor market unfazed by trade war
Slightly more Americans filed for unemployment benefits last week, but the labor market remains broadly healthy despite an ongoing trade war
April 10
April 10
Inflation cooled but egg prices soared in March, before Trump's tariff escalation
Price increases remain above the Fed's target rate of 2%.
April 10
April 10
China reaches out to others as Trump layers on tariffs
China is reaching out to other nations as the U.S. layers on tariffs, in what appears to be an attempt by Beijing to form a united front to compel Washington to retreat
April 10
April 10
Johnson vows to try again after GOP holdouts block action on Trump’s ‘big, beautiful’ budget bill
House Speaker Mike Johnson is vowing to try again to pass the Republican budget framework after abruptly postponing Wednesday night's vote
April 10
April 10
South Korean opposition leader Lee opens presidential bid following Yoon's ouster
South Korean opposition leader Lee Jae-myung, widely seen as the front-runner in a presidential by-election triggered by the removal of President Yoon Suk Yeol last week over his ill-fated imposition of martial law, officially announced his presidentia...
April 10
April 10
At a little known Rolls-Royce museum in Pennsylvania farm country, volunteers dote over iconic cars
The 29 vehicles in a Rolls-Royce and Bentley museum outside Harrisburg, Pennsylvania, are getting the best of care in their golden years
April 10
April 10
Trump's new energy order puts states' climate laws in the crosshairs of the Department of Justice
A new executive order from President Donald Trump that's part of his effort to invigorate energy production launches the possibility that his Department of Justice will go to court against state laws aimed at slashing planet-warming greenhouse gas poll...
April 10
April 09
Peter Navarro on tariff reversal: ‘Every American today should be proud’
ABC News’ Linsey Davis spoke with White House trade adviser Peter Navarro on the president's stunning reversal on tariffs after stating there would be no pause.
April 09
April 09
Inflation likely cooled last month as businesses braced for higher tariffs
Inflation likely declined last month as the cost of energy, used cars and hotel rooms may have fallen, though President Donald Trump’s remaining tariffs could lift prices soon
April 09
April 09
Small business owner speaks out about Trump;s Tariffs
Founder and CEO of Simplified Emily Ley joined ABC News live to discuss how President Donald Trump’s tariffs will impact her small business.
April 09
April 09
Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China
April 09
April 09
Stocks soar after Trump pauses some tariffs, raises tariffs for China
Laura Veldkamp, professor of finance and economics at Columbia Business School, discusses why stocks soared Wednesday after President Donald Trump ordered a 90-day pause on some tariffs.
April 09
April 09
Dow closes up 2,962 points in market rally as Trump backs off some tariffs
The president also announced a China tariffs increase to 125%.
April 09
April 09
FDA reverses course on telework after layoffs and resignations threaten basic operations
The Food and Drug Administration is reversing course on its requirement for all staffers to report to the office
April 09
April 09
What President Trump's pause on some tariffs means going forward
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.
April 09