Business News

ABC News’ Alexis Christoforous breaks down the report which also shows that the jobless rate slipped to 4% to start 2025.

Christmas Day marked a milestone in media history, even if it's likely to be surpassed

Saving the planet is so 2024

Officials say Indonesian authorities have ordered the halting of development of a tourism project affiliated with U.S. President Donald Trump over water management and environment issues

China on lashed out at what it called U.S. “coercion” after Panama declined to renew a key infrastructure agreement with Beijing following Washington’s threat to take back the Panama Canal

Kosovo goes to the polls Sunday in a parliamentary election expected to be a key test for Prime Minister Albin Kurti after his party won in a landslide four years ago

American importers have been stockpiling the popular Italian bubbly Prosecco as a hedge against the possible impact of tariffs threatened by President Donald Trump

Hong Kong’s post office has announced it would continue to suspend shipping items containing goods to the United States until further notice, despite its American counterpart having reversed its ban on packages from the city and other parts of China

Federal government payments for subscriptions to media outlets have become the latest target of President Donald Trump's spending hawks

U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025 and the government revised November and December payrolls higher

Twenty-two states are suing New York state, contending that a new law forcing energy companies to pay $75 billion into a fund to cover climate change damage is unconstitutional

The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine

In the days after last week's plane collision in Washington, Pete Muntean was a fixture on the air at CNN

A judge has ruled that a Georgia railroad can buy land against the will of property owners to build a track

All the big swings on Wall Street show again how little investors control

Providence and dozens of doctors at a hospital in Portland, Oregon, have reached a tentative agreement after 27 days of strike

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts

A California utility says its equipment likely sparked a wildfire in Los Angeles that broke out the same day as two massive blazes in the area killed at least 29 people and destroyed thousands of homes

People who make a habit of sleeping on the job comprise a secret society of sorts within the U.S. labor force

Eli Lilly’s profit doubled in the fourth quarter, propelled by its hot-selling diabetes and obesity treatments, and the drugmaker debuted a mostly better-than-expected 2025 forecast

Panama President José Raúl Mulino has rejected the U.S. State Department’s claim that his country had reached a deal allowing U.S. warships to transit the Panama Canal for free

More Americans filed unemployment claims last week, but the labor market remains healthy and layoffs relatively low

Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates

Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate, following similar actions by companies such as General Electric and Alcoa

China’s leader Xi Jinping and visiting Thai Prime Minister Paetongtarn Shinawatra have vowed to crack down on the scam networks that plague Southeast Asia as the two met in Beijing

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target

The Hawaii Supreme Court is scheduled to hear about insurance issues tying up a potential $4 billion Maui wild fire settlement

President Donald Trump’s threats to impose 25% tariffs on Mexico and Canada have left many cities along Mexico's northern border in limbo

Nearly 3 1/2 decades after leaving the Soviet Union, the Baltic countries of Estonia, Latvia and Lithuania this weekend will flip a switch to end electricity-grid connections to neighboring Russia and Belarus

Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it works to control costs

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until May 15th, according to a letter sent Wednesday to all IRS employees

Wall Street closed higher as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports

"People will feel it," one expert said.

Housing prices are soaring, and the situation might last longer or even worsen as a result of potential tariffs on Mexico and Canada, experts told ABC News.

Amazon-owned Whole Foods is asking the National Labor Relations Board to set aside the results of a union election that led to a labor win

There are many ways to manage your money these days. If you’re contemplating opening a new account or switching banks, ABC News' Christiane Cordero reports on what to consider.

Workday is cutting about 1,750 jobs, or 8.5% of its workforce

South African President Cyril Ramaphosa spoke with Elon Musk a day after U.S. President Donald Trump promised to cut the country's funding over a land expropriation law

Italy’s justice minister has strongly defended the government’s decision to free and repatriate a Libyan warlord wanted by the International Criminal Court

A new coalition of nonprofits came together overnight to challenge a seemingly sweeping order from the Trump administration last week pausing trillions of dollars in federal funding

Disney easily topped first-quarter expectations thanks in part to the box office success of “Moana 2.”

Disney gets a lift from box office smash 'Moana 2' in the first quarter

Edmunds compares certified pre-owned vehicles and standard used cars, highlighting the benefits and drawbacks of each

Trump slapped a 10% tariff on China this week.

A renewed attempt to auction off the family home of Myanmar’s imprisoned former leader Aung San Suu Kyi has been unsuccessful as the property in a country embroiled in a civil war failed to attract any bidders

The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding after the deadly Eaton and Palisades wildfires

It’s one thing to fix your home after something basic has gone wrong, but it’s a different beast to rebuild and recover after a major natural disaster has destroyed multiple properties on your street, in your neighborhood or across the region

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the nation’s growing home insurance crisis

"The whole 'drill, baby, drill' thing is highly overblown," one expert said.

A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products