Cloudy -4°. Wind Chill: -2°. Wind: N 5 mph.
HomeABC Business ( Page 16)

ABC Business

Subscribe to the ABC Business News Feed.
SHARE NOW

Stocks slide after Moodys downgrades US debt

by
(NEW YORK) -- Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that threatened to raise borrowing costs throughout the nation's economy.The Dow Jones Industrial Average dropped 295 points, or 0.7%, while... Read More.

Inflation is dropping but these prices are still soaring

by
(NEW YORK) -- Inflation cooled in the aftermath of President Donald Trump's "Liberation Day" levies last month, dropping to a four-year low and defying fears of tariff-driven price hikes, government data this week showed.Even egg prices -- a symbol of rising costs -- fell... Read More.

Stocks soar as US and China agree to slash tariffs

by
(NEW YORK) -- U.S. stocks soared at the open of trading on Monday, just hours after the U.S. and China announced an agreement to slash tariffs for 90 days as the world’s two largest economies negotiate a wider trade deal.The Dow Jones Industrial Average... Read More.

Mortgage rates are falling. Is it a good time to buy a home?

by
Mortgage rates have dropped over the early months of 2025, offering homebuyers an opportunity for some borrowing relief if they move ahead with the big-ticket purchase.The housing market remains sluggish and wider economic uncertainty looms, however. President Donald Trump's tariffs threaten to upend global... Read More.