ABC Business

Inflation expected to have ticked higher in May amid Trump tariffs

Wednesday, June 11 by ABC News

(WASHINGTON) -- A fresh inflation report to be released on Wednesday will provide the latest test for President Donald Trump's tariffs as some retailers and economists warn the policy will raise prices.So far, the economy has defied fears of price hikes, instead giving way... Read More.

What does the Trump-Musk feud mean for Tesla stock? Experts weigh in.

Friday, June 6 by ABC News

(NEW YORK) -- A feud between President Donald Trump and Tesla CEO Elon Musk hammered shares of the electric carmaker on Thursday, before a lull in the acrimony on Friday prompted a recovery of some losses.Still, as of midday Friday, shares had dropped nearly... Read More.

US trade deficit narrowed significantly amid Trumps tariff escalation

Thursday, June 5 by ABC News

(NEW YORK) -- The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.Trump touted the tariffs as an effort to slash the nation's trade... Read More.

Danger zone: Top companies weather uncertainty as Trumps tariffs fluctuate

Wednesday, June 4 by ABC News

(NEW YORK) -- Executives at major corporations, including Target, Goldman Sachs and Pepsi, have invoked the same one-word boogeyman on recent earnings calls: "Uncertainty."Concern among companies big and small about the unsteady business environment has centered on President Donald Trump's tariff policies, which the... Read More.

Trumps sons distance themselves from new Trump-branded crypto venture

Wednesday, June 4 by ABC News

(WASHINGTON) -- A digital asset company has collaborated with the firm behind President Donald Trump's $TRUMP meme coin to launch what it's calling the "Official $TRUMP Wallet" -- but the president's sons, who run Trump's crypto businesses, say they have no involvement with the... Read More.

US economic outlook slashed by OECD as Trumps tariffs upend global growth

Wednesday, June 4 by ABC News

(NEW YORK) -- The United States' economic growth forecast was cut sharply on Tuesday by the Organization for Economic Co-operation and Development, or OECD, which attributed the gloomy outlook in part to tariffs issued by President Donald Trump.The OECD expects the U.S. economy to... Read More.

Trumps hike of steel and aluminum tariffs could raise these prices

Wednesday, June 4 by ABC News

(WASHINGTON) -- Price increases could hit canned soup, dishwashers, cars and an array of other products as a result of President Donald Trump’s planned hike of steel and aluminum tariffs, experts told ABC News.The tariff escalation, set to take effect on Wednesday, ratchets... Read More.

AI influencers compete for followers and brand deals on social media

Saturday, May 31 by ABC News

(NEW YORK) -- Snapchat influencer Caryn Marjorie arrives at the ABC News headquarters in New York City carrying a shopping bag from Apple. She pulls out a brand-new iPhone and turns it on, confirming there are no messages, no missed calls, no notifications. "Do... Read More.

Stocks close higher after mixed rulings on Trumps tariffs

Thursday, May 29 by ABC News

(NEW YORK) -- Stocks closed higher on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on China and other major U.S. trading partners.A federal appeals court moved to temporarily reinstate the tariffs on Thursday afternoon,... Read More.

Stocks mixed after court blocks some of Trumps tariffs

Thursday, May 29 by ABC News

(NEW YORK) -- Stocks were mixed on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on China and other major U.S. trading partners.The Dow Jones Industrial Average fell 25 points, or 0.06%, while the... Read More.

Inflation expected to have ticked higher in May amid Trump tariffs

What does the Trump-Musk feud mean for Tesla stock? Experts weigh in.

US trade deficit narrowed significantly amid Trumps tariff escalation

Danger zone: Top companies weather uncertainty as Trumps tariffs fluctuate

Trumps sons distance themselves from new Trump-branded crypto venture

US economic outlook slashed by OECD as Trumps tariffs upend global growth

Trumps hike of steel and aluminum tariffs could raise these prices

Stocks close higher after mixed rulings on Trumps tariffs

Stocks mixed after court blocks some of Trumps tariffs

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