Business News

General Motors is recalling nearly 600,000 vehicles across its Cadillac, Chevrolet and GMC brands in the U.S. due to potential manufacturing defects that can cause engine failure

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles

Turkish President Recep Tayyip Erdogan and Italian Prime Minister Giorgia Meloni have witnessed the formal exchange of a dozen cooperation agreements including on defense

Job openings in the United States fell in March as President Donald Trump’s trade wars clouded the economic outlook

Ford and GM applauded the policy change.

Wall Street analysts are warning of price hikes and elevated recession risk.

Coca-Cola reported better-than-expected earnings in the first quarter and said the impact of tariffs on its business are likely to be “manageable.”

As President Donald Trump marks his first 100 days in office, economists are sounding the alarm over tariff-related shortages in the coming weeks as the trade war with China shows no sign of easing.

Trump's first 100 days upended global trade, but risked a recession.

Morocco's initiative to offer access for Sahel countries to the trade network and routes of the Atlantic Ocean has been endorsed by the landlocked countries of Mali, Burkina Faso and Niger

Asian shares are mostly higher after U.S. stocks drifted to a mixed, quiet finish ahead of a busy week of corporate earnings and economic data

Japanese Prime Minister Shigeru Ishiba is heading to the Philippines seeking to further boost an alliance in the face of China’s growing assertiveness in the region and he plans to symbolically board a Japan-built Philippine patrol ship that has repeat...

Tens of thousands of Los Angeles county workers are going on strike, closing libraries and disrupting administrative operations across the region

Mexico and the United States say they have reached an agreement that involves Mexico immediately sending more water from their shared Rio Grande basin to Texas farmers

There’s new uncertainty about updated COVID-19 shots this fall after the Trump administration’s handling of a shot from Novavax

The Trump administration raised tariffs on goods from China to 145% in early April

Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash

A Texas judge has thrown out a federal rule that would have capped credit card late fees at $8

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the tools needed to protect jobs and limit damage from higher tariffs on Chinese exports

One went to the United States

Global markets are mostly higher as investors wait to see what comes of negotiations over U.S. President Donald Trump’s tariffs

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The U.S. coal industry has been in a steep decline for decades, and President Donald Trump’s administration has proposed several changes that would affect it

President Donald Trump's executive orders aimed at boosting coal are getting a warm embrace in West Virginia

As President Donald Trump's trade war has injected turmoil in financial markets, many retired and near-retired Americans are anxiously looking on, worried about outliving their savings or having to put off entries on their bucket lists

South Korea’s main liberal opposition party has tapped its former leader Lee Jae-myung as presidential candidate in the June 3 vote

Katie Notopoulos, the senior tech and business correspondent for Business Insider, discussed why Shein and Temu’s famously low-cost goods became more expensive this week.

How did Cam Ward, a relatively unknown quarterback until a few years ago, become the number one pick in the NFL 2025 draft?

ABC News’ Stephanie Ramos spoke with Mario Cordero, CEO of the Port of Long Beach, on how the global trade war is causing an economic slowdown with potential impact on local jobs.

Iowa’s governor is suing the Des Moines Register over the newspaper’s open records request

Seven in 10 Americans think Donald Trump’s tariffs on international trade will drive up U.S. inflation, according to an ABC News/Washington Post/Ipsos poll.

The companies announced the price hikes in response to Trump's tariffs.

"There are a lot of people who just need an affordable car."

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets

The first foreigner tapped to head 7-Eleven is confident the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown

Former South Korean President Moon Jae-in has called his bribery indictment “unjust” and accused prosecutors of abusing their power in what he called a politically motivated investigation

Trump’s attacks on Canada’s economy and threats to make it the 51st state have infuriated Canadians, who are canceling trips to the U.S. in big numbers

Asian markets are higher early Friday after Wall Street’s rally streaks for the 3rd day, driven by listed companies’ strong financial performance and hopes for the Fed to cut rates

Booths of big Chinese, German and Japanese automakers are bustling at Shanghai's auto show as the industry keeps its sights on the wider global market not subject to steep U.S. tariffs on imports of cars and auto parts

From negotiating salaries to paying off debt, TikToker and author Tori Dunlap says she has you covered. Dunlap told ABC News’ Stephanie Ramos how she hopes to reshape financial education.

A labor rights group has alleged that Starbucks sourced coffee from a major Brazilian cooperative whose member farms were cited for keeping workers in slave-like conditions

President Donald Trump said Thursday that the U.S. and China have been negotiating a deal on tariffs after Beijing said earlier that such assertions from Washington were "fake news."

Trump said the two sides are discussing trade. China called it "fake news."

President Donald Trump said Wednesday that if the U.S. can't reach deals with other countries in the "next two or three weeks," he'll choose the tariff to place on them.

ABC News’ Aaron Katersky looks into the concerns about potential health impacts in the surrounding neighborhood of a Goodyear factory in Niagara Falls, NY

Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers

Nissan says it expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March because of declining sales and the losing value of its assets

U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn

The German government is forecasting the country’s economy, Europe’s biggest, will stagnate this year as U.S. President Donald Trump’s tariffs and trade threats weigh on its performance

A new AP-NORC poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering