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2 hours ago

Tesla profits drop 71% amid anti-Musk backlash

Musk's role at the White House set off worldwide protests at Tesla dealerships.
2 hours ago
Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China Jan. 7, 2020.
3 hours ago

Tesla profits drop 71% amid anti-Musk backlash

Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell short of analysts' expectations.
3 hours ago
VIDEO: Tesla profits drop 71% amid anti-Musk backlash
3 hours ago

Stocks rally as investors shake-off recession fears

Stocks rallied on Tuesday as markets attempt a recovery following a battering amid fears that President Donald Trump will attempt to fire Federal Reserve chairman Jerome Powell.
3 hours ago
VIDEO: Stocks rally as investors shake-off recession fears
April 22

'Not going to be good': Student borrower repayments risk damage, experts say

Defaulted loans will be sent for collections next month.
April 22
The Department of Education building in Washington, March 24, 2025.
April 22

Why gold prices are spiking as uncertainty looms over the economy

Gold topped $3,400 per ounce for the first time ever last week.
April 22
Gold bars are shown stacked in a vault at the United States Mint on July 22, 2014 in West Point, N.Y.
April 22

US, global economic outlook worsens in the face of Trump's tariffs, IMF says

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created
April 22
Cargo containers sit at the port in Buenos Aires, Argentina, Monday, April 14, 2025. (AP Photo/Natacha Pisarenko)
April 22

Your clothes are shedding bits of plastic. Here’s what people are doing about it

Plastic is everywhere — and yet some people may be surprised at how much they actually wear
April 22
Rachael Z. Miller, founder of the Vermont-based Rozalia Project for a Clean Ocean, conducts a tape test on various clothing items to compare how much each material sheds microfibers on Thursday, April 17, 2025, in Granville, Vt. (AP Photo/Amanda Swinhart)
April 22

Asian shares trade mixed amid investor worries after Wall Street tumble

Asian shares are trading mixed amid global skepticism about U.S. investments and President Donald Trump’s trade war
April 22
Specialist Philip Finale, left, works with traders Patrick Casey, center, and Robert Charmak on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)
April 21

Sec. of Agriculture on reducing grocery bills: 'We’re making eggs affordable again'

ABC News’ Linsey Davis speaks with Sec. of Agriculture Brook Rollins about the price of eggs, how Trump’s tariffs will impact farmers and bringing manufacturing back to the United States.
April 21
VIDEO:
April 21

Stocks close lower after Trump attacks Fed chair Jerome Powell

President Donald Trump's remarks defied a longstanding norm of political independence at the Fed.
April 21
VIDEO: Stocks close lower after Trump attacks Fed chair Jerome Powell
April 21

Dow closes down 970 points after Trump criticism of Powell rattles investors

Trump's remarks defied a longstanding norm of political independence at the Fed.
April 21
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on April 21, 2025, in New York City.
April 21

South Carolina Senate votes to remove state treasurer over $1.8B accounting error

South Carolina’s Republican-dominated Senate has voted to kick the Republican treasurer out of office
April 21
South Carolina Sens. Deon Tedder, D-Charleston, from left, Russell Ott, D-St. Matthews and Ed Sutton, D-Charleston, listen during a Senate hearing to decide if senators should start the process of removing state Treasurer Curtis Loftis from office Monday, April 21, 2025, in Columbia, S.C. (AP Photo/Jeffrey Collins)
April 21

World Economic Forum founder Klaus Schwab retires as chairman

The World Economic Forum says its founder Klaus Schwab is retiring as chairman
April 21
FILE - Klaus Schwab, Chairman of the World Economic Forum attends the opening of the Annual Meeting of World Economic Forum in Davos, Switzerland, Jan. 16, 2024. (AP Photo/Markus Schreiber, File)
April 21
FILE - A sign for the Chipotle restaurant in Pittsburgh's Market Square is seen on Feb. 8, 2016. (AP Photo/Keith Srakocic, File)
April 21

China to retaliate with sanctions on US officials, NGO leaders over Hong Kong issues

China will sanction U.S. officials, lawmakers and leaders of non-governmental organizations who Chinese officials say have performed poorly on Hong Kong issues in a retaliatory move against Washington
April 21
FILE - The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, Feb. 2, 2022, in Zhangjiakou, China. (AP Photo/Kiichiro Sato, File)
April 21

China warns countries against making trade deals with the US unfavorable to Beijing

China is warning other countries against making trade deals with the United States to China’s detriment
April 21
Workers load coal on trucks at a coal yard port on the Yangtze River in southwest China's Chongqing Municipality on Sunday, April 20, 2025. (Chinatopix Via AP)
April 21

Vance arrives in India for a 4-day visit that includes talks with Modi

U.S. Vice President JD Vance has arrived in India for a four-day visit as New Delhi looks to avoid U.S. tariffs and negotiate a bilateral trade deal with Washington
April 21
U.S. Vice President JD Vance arrives in New Delhi, India Monday, April 21, 2025. (Kenny Holston/The New York Times via AP, Pool)
April 21

Secondhand stores are poised to benefit if US tariffs drive up new clothing costs

Stores selling secondhand clothing, shoes and accessories are poised to benefit from the Trump administration’s trade war even as global businesses race to avoid potential damage
April 21
People work amid boxes of returned or overstocked clothing, shoes, boots, coats, packs and other items in a warehouse where the goods are cleaned or repaired before they are marketed on resale platforms in Englewood, Colo., on Thursday, April 17, 2025. (AP Photo/David Zalubowski)
April 21

Trump administration reverses long-held guidance on 'road diets' for traffic safety

Removing lanes to slow down speeding drivers is a long-embraced strategy for improving safety on city streets
April 21
A man crosses 31st Street in Kansas City, Mo., where the city implemented a "road diet" reducing the street from four lanes to two in an effort to reduce speeding and accidents, Thursday, April 17, 2025. (AP Photo/Charlie Riedel)
April 21

60,000 Americans to lose rental assistance and risk eviction unless Congress acts

The U.S. Department of Housing and Urban Development says that rental assistance for some 60,000 Americans fleeing homelessness or domestic violence will run out of money by the end of next year
April 21
Daniris Espinal stands for a portrait in Sunset Park, in the Brooklyn borough of New York, Thursday, April 17, 2025. (AP Photo/Richard Drew)
April 21

Drones pose increasing risk to airliners near major US airports

An Associated Press analysis of an aviation safety database reveals that drones last year accounted for nearly two-thirds of reported near midair collisions involving commercial aircraft taking off and landing at major U.S. airports
April 21
A drone controller warns it is inside the perimeter of an airport's restricted airspace in St. Louis, on Tuesday, March 11, 2025. (AP Photo/Jeff Roberson)
April 20

Asian markets are mixed as US tech companies are due to release earnings

Asian shares are mixed following the Easter weekend holiday, with some markets still closed
April 20
Trader John Bishop, left, works with colleagues on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)
April 20

El Salvador President Bukele proposes prisoner swap with Maduro for Venezuelan deportees

El Salvador President Bukele proposes prisoner swap with Maduro for Venezuelan deportees
April 20
April 20

How to talk to your kids about financial responsibility

Parenting expert Bethany Braun-Silva joined ABC News Live to discuss tips on how to talk to your kids about money and finances.
April 20
VIDEO: How to talk to your kids about financial responsibility
April 20

This Midwestern city has long been a federal hub. The pain from DOGE’s cuts is everywhere

The Kansas City, Missouri, metropolitan area has long been a regional hub for the federal government, and the pain from the Trump administration's cuts can be seen everywhere
April 20
Shea Giagnorio, left, takes a phone call while at a job fair on the day she was laid off from her job at the Administration for Children and Families, Tuesday, April 1, 2025, in Kansas City, Mo. (AP Photo/Charlie Riedel)
April 20
Sales associate Charlotte Santoli unpacks strollers and other inventory ordered by customers ahead of tariff-driven price increases at the Union Market location in Washington, on Wednesday, April 16, 2025. (AP Photo/Nathan Howard)
April 20

15 years after Deepwater Horizon oil spill, lawsuits stall and restoration is incomplete

Fifteen years after the Deepwater Horizon disaster off the Gulf Coast, the effects of the largest oil spill in U.S. history are still being felt
April 20
This photo provided by Tammy Gremillion shows Jennifer Lee Gremillion, a Louisiana resident involved in the clean-up of the Deepwater Horizon oil spill, with her daughter in 2020. (Tammy Gremillion via AP)
April 19

U.S. small manufacturers hope to benefit from tariffs, but some worry about uncertainty

The Trump administration has called U.S. manufacturing an “economic and national security” priority and says tariffs will force companies to have more products made in the U.S. to avoid steep price increases on their imports, leading to “better-paying ...
April 19
A crane lifts an imports container from the cargo ship Epaminondas while it is docked at the Port of Baltimore, Wednesday, April 9, 2025, in Baltimore. (AP Photo/Stephanie Scarbrough)
April 19

What auto execs and insiders are telling consumers about price hikes

The New York International Auto Show opens as tariffs roil the auto industry.
April 19
People film next to a 2026 Hyundai Palisade XRT Pro on display at the New York International Auto Show on April 16, 2025 in New York City.
April 18

EEOC instructs staff to sideline all new transgender discrimination cases, employees say

The federal agency tasked with protecting workers’ civil rights is classifying all new gender identity-related discrimination cases as its lowest priority while also placing them on indefinite hold, according to two agency employees
April 18
FILE - A protester is silhouetted against a trans pride flag during a pro-transgender rights protest outside of Seattle Children's Hospital, Feb. 9, 2025, in Seattle. (AP Photo/Lindsey Wasson, file)
April 18

These companies said they will raise prices in response to Trump's tariffs

Economists widely expect importers to pass along some of the tax to consumers.
April 18
Shoppers browse through televisions section at a Best Buy store, Nov. 29, 2024, in Burbank, Ill.
April 18

China, Cambodia ink deal for massive canal project raising environmental concerns

Cambodia and China have signed a $1.2 billion deal to finance an ambitious canal project that aims to boost trade efficiency by linking a branch of the Mekong River near Phnom Penh to a port on the Gulf of Thailand
April 18
FILE - A view from a water gate to the Funan Techo Canal connecting from Mekong River at Prek Takeo village, eastern Phnom Penh Cambodia, Tuesday, July 30, 2024. (AP Photo/Heng Sinith, File)
April 18

Trump says US and China are discussing a deal on tariffs

President Donald Trump revealed for the first time on Thursday that the United States is in talks with China on a tariff deal. Trump said a deal could be reached in the next three to four weeks.
April 18
VIDEO: Trump says US and China are discussing a deal on tariffs
April 18

Venice expands day-tripper tax in bid to combat overtourism

Venice has started charging day-trippers to the famed canal city an arrivals tax for the second year, in a measure aimed at combating the kind of overtourism that put the city’s UNESCO World Cultural Heritage status at risk
April 18
Stewards check tourists' QR codes outside the main train station in Venice, Italy, Friday, April 18, 2025, as the city for a second year is charging day-trippers an arrivals tax. (AP Photo/Antonio Calanni)
April 18

New US ambassador to Japan says he is optimistic the two sides will reach a deal over tariffs

The new U.S. ambassador to Japan has arrived in Tokyo and says he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations
April 18
New U.S. Ambassador to Japan George Glass answers questions from journalists at a press conference after his arrival in Tokyo Friday, April 18, 2025. (Kazuhiro Nogi/Pool Photo via AP)
April 17

US strikes on a Yemeni oil port kill 74 people, Houthis say, in deadliest attack of Trump campaign

Yemen’s Houthi rebels say U.S. airstrikes targeting oil port killed at least 74 people and injured at least 171 others
April 17
This photo taken from video released by Al Masirah TV channel shows medics carrying a severely wounded person onto a stretcher after U.S. airstrikes targeted the Ras Isa oil port held by Yemen's Houthi rebels in Hodeida, Yemen, Friday, April 18, 2025.( Al Masirah TV via AP)
April 17

How major US stock indexes fared Thursday, 4/17/2025

Most U.S. stocks rose, but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check
April 17
April 17

Trump's tariffs roiled markets but data shows a solid economy. Here's why.

Apparent economic strength owes in part to a lag in data, experts said.
April 17
Chinese made cars for export are seen at a port in Shanghai, April 17, 2025.
April 17

CEO of French luxury conglomerate LVMH calls for calming trade tensions with US

The chairman and CEO of French luxury conglomerate LVMH has called for a free trade zone between the European Union and the United States, saying that unresolved trade tensions could seriously hurt European industries
April 17
This image provided by ATTAC France shows ATTAC activists staging a protest with a placard and a cut-out of LVMH group CEO Bernard Arnault during the shareholders meeting at the Louvre museum in Paris, Thursday, April 17, 2025. (ATTAC France, Photo via AP)
April 17

Google is monopolist in online ad tech: Judge

Alphabet's Google illegally dominated two markets for online advertising technology, according to a federal judge.
April 17
Alphabet's Google illegally dominated two markets for online advertising technology, according to a federal judge.
April 17

US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says

Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund
April 17
April 17

Average US rate on 30-year mortgage climbs to 6.83%, highest level in eight weeks

The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season
April 17
FILE - A "For Sale" sign is displayed in front of a home in Des Plaines, Ill., Monday, Aug. 26, 2024. (AP Photo/Nam Y. Huh, File)
April 17

Google is monopolist in online advertising tech, judge rules

The judge agreed Google "willfully engaged" in "anticompetitive acts."
April 17
People walk next to a Google logo during a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024.
April 17

Global Payments buying Worldpay in $22 billion deal

Payment processing company Global Payments is buying rival Worldpay for more than $22 billion to expand its global footprint
April 17
April 17

429K portable chargers under recall after consumers report fires, minor burns

About 429,000 portable power banks are under recall because they can overheat and potentially catch fire while charging phones, posing a burn hazard to consumers
April 17
April 17

Target CEO to meet with civil rights leader Al Sharpton amid DEI cuts

Target’s chief executive officer is planning to meet this week with the Rev. Al Sharpton
April 17
FILE - A Target logo is displayed outside of a store location, Dec. 20, 2022, in Westwood, Mass. (AP Photo/Steven Senne, File)
April 17

Trump says he's eager for Fed Chair Jerome Powell's 'termination'

The Fed is an independent government agency established by Congress.
April 17
President Donald Trump addresses the media during a lunch with Italian Prime Minister Giorgia Meloni, at the White House in Washington, April 17, 2025.
April 17

China dominates solar. Trump tariffs target China. For US solar industry, that means higher costs

President Donald Trump's escalating trade war with China means hopeful solar buyers may have a much harder time getting systems installed in the U.S. in coming months
April 17
Theodore Tanczuk, of solar installer YellowLite, carries a panel from his truck to the roof of a home in Lakewood, Ohio, Wednesday, April 16, 2025. (AP Photo/Sue Ogrocki)
April 17

US jobless benefit claims fall last week as labor market remains strong

U.S. applications for jobless benefits fell again last week as the labor market continues to hold up despite fears of a tariff-induced recession
April 17
FILE - A hiring sign is displayed at a retail store in Buffalo Grove, Ill., Wednesday, Nov. 6, 2024. (AP Photo/Nam Y. Huh, File)
April 17

European Central Bank cuts interest rates for the seventh time

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught
April 17