Business News

Dow futures were higher by 189 points or 0.46%.

The British government says the Trump administration’s tariffs on global steel and aluminum imports are “disappointing” but that it won't impose retaliatory measures

Economists expect the data to show that inflation eased in February.

The European Union has announced its own countermeasures, saying they will enter into force on April 1, after the Trump administration officially increased tariffs on all steel and aluminum imports to 25%

Asian shares are trading mixed as investors weigh the impact of President Donald Trump’s tariffs, after another day of losses on Wall Street

President Donald Trump in recent days has dismissed fears of a recession and brushed aside the stock market sell-off, going so far as to say, “You can’t really watch the stock market.”

The Associated Press has obtained a document showing that the Trump administration is halting a $1 billion program that helps preserve affordable housing

A more than 40-mile long conveyor belt filled with sand stretches from the oil fields of West Texas to New Mexico, all for the purpose of one mission: oil production

Australian Prime Minister Anthony Albanese says U.S. tariffs on Australian steel and aluminum are unjustified, but his government will not retaliate with its own tariffs

Yemen’s Houthi rebels have warned shippers that “any Israeli vessel” traveling through nearby Mideast waters is now a target as Israel continues to block aid to the Gaza Strip

The threatened tariff was the latest salvo in a rapidly escalating trade war.

The word "recession" seems to be popping up a lot lately. Economic uncertainty stemming from President Donald Trump's tariffs on Canada, Mexico and China have fueled the biggest stock market selloff in years, and now some economists are putting the likelihood of entering a recession by next year between 20% and 40%. The topic is clearly on people's minds: Google Trends data shows "recession" searches were recently up 1,200% in the United States. Here are some answers to the Top 3 most frequently searched questions regarding recessions. What is a recession? While there is no single universally accepted definition, two consecutive quarters of negative growth is widely considered a recession. A nonprofit, nonpartisan organization called the National Bureau of Economic Research determines when the U.S. economy is in a recession, based on a number of factors including economic growth, employment, industrial production, consumer spending and retail sales. Recessions are typically...

Bookings initially fell after the deadly Jan. 29 midair crash over D.C.

President Donald Trump vowed to help Elon Musk and check out a Tesla for a possible purchase as the company's stock takes a nosedive.

The selloff on Tuesday extended losses suffered a day earlier.

Brazil’s aviation agency has suspended the operating license for local airline Voepass, citing security risks as an investigation continues into a deadly crash in August

President Donald Trump says he's buying a Tesla to show loyalty to company CEO Elon Musk

A Canadian man has been sentenced to 25 years in prison for shootings at an oil pipeline and an electrical substation in the Dakotas after a judge found that his crimes met the definition of terrorism

ABC News’ Alexis Christoforous on what you need to know about preparing for a potential recession.

Indian telecom operator Bharti Airtel says it has signed a deal with Elon Musk’s Starlink to explore providing the U.S. satellite internet giant’s services to customers in India, depending on government approval

U.S. job openings rose at the start of the year, another sign the job market was solid when President Donald Trump returned to the White House

ABC News’ Alexis Christoforous reports on the state of the markets, which has investors hoping for a major rebound.

Chief economist of Moody’s Analytics Mark Zandi discusses the potential impact of a recession on the U.S. economy.

Oprah Winfrey has chosen a new memoir by venture capitalist Amy Griffin for her book club

Attorneys for the daughter of a U.S.-sanctioned Russian billionaire are asking a U.S. federal court for access to the financial records of officials including the prime minister of Antigua and Barbuda

Japanese automaker Nissan says its chief executive, Makoto Uchida, is stepping down

Activist groups are urging the United Nations to investigate its special envoy to Myanmar over possible conflicts of interest, after a report claimed her consulting company has ties to Chinese mining and construction companies with interests in the cou...

Japan's trade minister says he has not gotten assurances from U.S. officials that the key U.S. ally will be exempt from higher tariffs, some of which take effect on Wednesday

Greenland is having a moment in the spotlight

China has wrapped up its biggest political event of the year leaving one question unanswered: How far will it go to try to revive economic growth in 2025

A U.S. corruption case involving Indian energy tycoon Gautam Adani has exposed vulnerabilities in India's solar sector that are hindering its capacity to switch to clean energy and help limit climate change

Japan's has cut its estimate for its economic growth in the last quarter of the year to a 2.2% annual pace from 2.8% as consumer spending hit demand

European and Asian benchmarks are mixed following a sell-off on Wall Street spurred by worries over the ripple effects from President Donald Trump’s tariffs

ABC News’ Linsey Davis speaks to Aaron Klein, a senior fellow in economic studies at the Brookings Institution, about how the Trump administration's trade war could affect Americans.

Algeria is planning to import one million sheep ahead of Eid al-Adha to curb rising prices and shortages amid drought and inflation

Scale of attack suggests role of a country or "coordinated group," Musk claimed.

U.S. stocks plunged on Monday, suffering widespread losses amid an escalating trade war a day after President Donald Trump declined to rule out the possibility of a recession.

The major stock indexes tumbled on Monday.

Trump's tariffs touched off a stock market plunge in recent days.

Old 401(k)s are a little like the old clothes in the back of your closet

Mortgage lender Rocket Cos

The major stock indexes tumbled in early trading on Monday. ABC News’ Alexis Christoforous reports.

Britain's coast guard says an oil tanker and a cargo ship have collided off the coast of eastern England and a rescue operation is underway

Germany’s Greens say they won't support the prospective next government’s plans to loosen debt rules for defense spending and draw up a huge infrastructure investment fund

In President Donald Trump’s idealized framing, the United States was at its zenith in the 1890s

Premier League leader Liverpool is reuniting with Adidas as its uniform supplier for the first time in 13 years, starting from next season

A one-day strike by workers at 13 German airports, including the Frankfurt and Munich hubs and all the country’s other main destinations, has caused the cancelation of most flights

U.S. President Donald Trump first suggested buying Greenland in 2019

Asian stocks have had a mixed start to the week as uncertainty over what President Donald Trump will do with tariffs persists

Praised by the ancient Greek giants Homer and Euripides for its superb quality nearly 3,000 years ago, Cyprus’ Commandaria is the world’s oldest recorded and named wine