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Business News
Brazilian President Lula swipes at Trump as US imposes auto tariffs
Brazilian President Luiz Inácio Lula da Silva has swiped at U.S. President Donald Trump's decision to raise tariffs on a wide range of products
March 27, 2025What could happen to your genetic data following 23andMe bankruptcy filing
Customers fear their data may be sold to a new company.
March 24, 2025Founders of Black-owned brands adapt their hopes, business plans for a post-DEI era
The Black creators of some consumers products are rethinking their business plans as major U.S. companies end or water down their diversity, equity and inclusion programs
March 26, 2025
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41 minutes ago
Average US rate for 30-year mortgage falls slightly to 6.65% after rising for 2 weeks
The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what is traditionally the busiest time of the year for the housing market
41 minutes ago
1 hour ago
US stocks tick up in 1st trading since Trump's auto tariffs announced
Shares of major U.S. automakers dropped in early trading.
1 hour ago
1 hour ago
Trump says TikTok deal could be reached by lowering China tariffs
ABC News’ Britt Clennett reports on the comments from President Donald Trump as his announcement of new tariffs on imported cars and auto parts is impacting global stock markets.
1 hour ago
1 hour ago
Shares of GM and other automakers slump following Trump tariffs, with Tesla the exception
Automaker stocks slumped following President Donald Trump’s announcement that he will place 25% tariffs on auto imports
1 hour ago
March 27
US applications for unemployment benefits hold steady, remain in recent healthy range
U.S. applications for unemployment benefits held steady last week, a sign that the labor market remains healthy as companies continue to retain their employees
March 27
March 27
U.S. economy grew 2.4% in the 4th quarter after upgrade from earlier estimate
The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending
March 27
March 27
Europe lashes out over Trump auto tariffs and the economic threat to both continents
European automakers, already struggling with tepid economic growth at home and looming Chinese competition, on Thursday decried the U.S. import tax on cars as a new, heavy burden that would hurt companies and consumers on both sides of the Atlantic
March 27
March 27
Anti-abortion groups mount effort to strip Planned Parenthood funding ahead of Supreme Court hearing
Major anti-abortion groups are gathering in the nation's capital to begin a lobbying effort with Congress and President Donald Trump’s administration aimed at eliminating funding for Planned Parenthood
March 27
March 27
A 'coalition of the willing' mulls more aid for Ukraine and a possible European armed force
Ukraine’s allies from across Europe have gathered for talks in Paris about how to strengthen Kyiv’s hand and its military as it pushes for a ceasefire with Russia
March 27
March 27
Brazilian President Lula swipes at Trump as US imposes auto tariffs
Brazilian President Luiz Inácio Lula da Silva has swiped at U.S. President Donald Trump's decision to raise tariffs on a wide range of products
March 27
March 26
Stock market today: Wall Street's slide extends after Trump raises tariffs on auto imports
Wall Street pointed lower in premarket trading Thursday after President Donald Trump announced he will slap 25% tariffs on imported cars
March 26
March 26
Trump announces 25% tariffs on imported cars, ratcheting up global trade war
The major stock indexes closed down on Wednesday.
March 26
March 26
Republicans accuse NPR, PBS of bias at hearing; Democrats say its a partisan attack
The hearing was held by the Delivering on Government Efficiency subcommittee.
March 26
March 26
Trump announces new auto tariffs, ratcheting up global trade war
The auto tariffs are set to target a sector that employs more than a million U.S. workers and relies on a supply chain closely intertwined with Mexico and Canada.
March 26
March 26
Congressional Republicans target PBS, NPR funding in contentious hearing
A House Republican pushing the Trump administration's government efficiency efforts has called for dismantling and defunding the nation's public broadcast system following a contentious public hearing on Wednesday
March 26
March 26
Frito-Lay recalls Tostitos chips because they may contain undeclared milk
Frito-Lay is recalling a limited number of Tostitos tortilla chips because they may contain undeclared milk
March 26
March 26
Hyundai shows off its new $7.6B electric vehicle plant in Georgia as Trump talks tariffs
Hyundai says it will expand production capacity by two-thirds at its sprawling new electric vehicle plant in Georgia
March 26
March 26
NTSB chairwoman says reviewing the data after midair crash may prevent the next aviation accident
The head of the agency investigating the deadly midair collision that killed 67 said Wednesday that someone should have spotted the alarming number of near misses in the skies over the nation’s capital beforehand and reviewing the data now could preven...
March 26
March 26
North Carolina government makes big tax revenues quickly from first year of sports betting
North Carolina government cashed in early when it came to reaping fiscal benefits from authorized sports wagering in the ninth-largest state
March 26
March 26
Con Edison will pay $750,000 to settle suit alleging harassment of female field workers
The New York utility provider Con Edison has agreed to pay $750,000 and implement a series of anti-harassment reforms to settle a lawsuit over claims it discriminated against its female and nonwhite employees
March 26
March 26
Tesla is suing to open dealerships in Wisconsin. It's become a big deal in the Supreme Court race
Tesla CEO Elon Musk is supporting the conservative candidate in the race to fill a seat on the Wisconsin Supreme Court, which could ultimately decide a Tesla lawsuit
March 26
March 26
Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy
Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal
March 26
March 26
US could run short of money to pay its bills by August without a debt limit deal: CBO
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House
March 26
March 26
Sewage sludge can find a second life on farm fields. Here's how it's made
What goes down your toilet and drain can end up on farm fields across the United States
March 26
March 26
Founders of Black-owned brands adapt their hopes, business plans for a post-DEI era
The Black creators of some consumers products are rethinking their business plans as major U.S. companies end or water down their diversity, equity and inclusion programs
March 26
March 26
What could tariffs on April 2 mean for prices and the economy?
Trump has referred to April 2 as "liberation day."
March 26
March 26
Leaders of Brazil and Japan stress importance of democracy and free trade
Brazilian President Luiz Inácio Lula da Silva has stressed the importance of free trade and multilateralism and decried threats against democracy as he and Japan’s Prime Minister Shigeru Ishiba agreed to step up ties across the board
March 26
March 26
Dollar Tree sells Family Dollar to private equity firms after a decade
Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decade
March 26
March 26
Edmunds: Five best used three-row SUVs for under $30,000
A three-row SUV is ideal for car shoppers who need extra space for transporting lots of people and plenty of cargo
March 26
March 26
US adds Chinese tech firms to its export control list, says they sought US knowhow for military use
The U.S. has added dozens of companies to its export control, including more than 50 based in China that it says sought advanced knowhow in supercomputing, artificial intelligence and quantum technology for military purposes
March 26
March 26
Nissan's new CEO says the Japanese automaker will move faster to achieve a turnaround
The chief-executive-to-be at money-losing Japanese automaker Nissan is determined to speed up the company's decision-making to come up with models that say Nissan _ and really sell
March 26
March 25
Stock market today: World markets are mixed after a slow day on Wall Street
World markets are mixed after a day of subdued trading on Wall Street
March 25
March 25
Potential tariffs on Europe increase costs for US winemakers
ABC News’ Jaclyn Lee reported on how American winemakers are feeling the effects of President Donald Trump’s looming tariffs on European wine and spirits, as well as their concerns about future costs.
March 25
March 25
Corporate capital Delaware is changing its law in fight pitting corporate insiders vs. investors
Delaware lawmakers are putting aside protests from big investors and approving fast-tracked legislation that backers say will protect its status as the world's corporate capital
March 25
March 25
23andMe co-founder Anne Wojcicki resigns as company files for Chapter 11 bankruptcy
Founded in 2006, the company became popular with millions of Americans who sent in samples of saliva with the promise of learning about their ancestry and genetic health predispositions.
March 25
March 25
What to know about Signal, which Pentagon previously discouraged workers from using
Trump officials have come under fire for using the app to discuss war plans.
March 25
March 25
Trump's crypto empire set to expand with new stablecoin and investment fund offerings
President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets
March 25
March 25
Kroger blames Albertsons for merger's demise in new court filings
Kroger is denying Albertsons’ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger
March 25
March 25
Consumer attitudes worsen more than expected amid Trump's tariffs: Survey
Survey of shopper woes comes days before the onset of additional U.S. tariffs. ABC News' Alexis Christoforous has the details.
March 25
March 25
Consumer attitudes worsen more than expected amid Trump's tariffs: Survey
Survey of shopper woes comes days before the onset of additional U.S. tariffs.
March 25
March 25
Tesla sales fall by 49% in Europe even as the electric vehicle market grows
European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grew
March 25
March 25
After Lahaina fire, Hawaii residents address their risk by becoming 'Firewise'
Since the 2023 Maui fires that destroyed Lahaina, communities across Hawaii have sought ways to protect themselves from more destructive fires wrought by decades of climate change, urban development, and detrimental land use policies
March 25
March 25
Chinese electric vehicle maker reports 2024 revenue over $100B, topping Tesla's sales
Chinese electric vehicle maker BYD has reported its revenue soared to a record $107 billion last year as its sales of battery electric and hybrid vehicles jumped 40%
March 25
March 24
Han Jong-Hee, who elevated Samsung's television business, dies
Samsung Electronics says the executive credited with elevating its television business has died
March 24
March 24
California Attorney General Rob Bonta on 23andMe and consumer data
ABC News’ Linsey Davis spoke with California Attorney General Rob Bonta about genetic testing company 23andMe’s recent bankruptcy filing and why consumers should delete their data from the site.
March 24
March 24
Trump’s tariffs on April 2 will be narrower than previously threatened, sources say
The duties would still mark a significant escalation of U.S. tariffs.
March 24
March 24
What could happen to your genetic data following 23andMe bankruptcy filing
Customers fear their data may be sold to a new company.
March 24
March 24
Tax season is a prime time for scams. IRS uncertainty could add to the issues.
There’s a lot of information (and money) on the table during tax season
March 24
March 24
Trump says countries that buy Venezuelan oil will face 25% tariff
President Donald Trump says he will place a 25% tariff on all imports from any country that buys oil or gas from Venezuela
March 24
March 24
23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns
23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs
March 24