Business

Reopening government could avert recession, but risks remain, economists say

Tuesday, November 11 by ABC News

(WASHINGTON) -- The longest government shutdown in U.S. history could end as soon as Wednesday, ultimately putting hundreds of thousands of federal employees back to... Read More.

What to know about Trump’s promise of $2,000 tariff dividend payments

Monday, November 10 by ABC News

(NEW YORK) -- President Donald Trump over the weekend vowed to provide each American a $2,000 dividend to be distributed from what he said... Read More.

Stocks rise after Senate moves to end government shutdown

Monday, November 10 by ABC News

(NEW YORK) -- Stocks rose in early trading on Monday after the Senate voted hours earlier to advance a potential deal on the government shutdown,... Read More.

Elon Musk awarded nearly $1 trillion pay package by Tesla shareholders

Thursday, November 6 by ABC News

Tesla shareholders awarded CEO Elon Musk a pay package on Thursday that could grant the tech entrepreneur nearly $1 trillion in compensation over the... Read More.

Travel chaos worsens amid government shutdown

Tuesday, November 4 by ABC News

(NEW YORK) -- Travelers with plans to fly amid the government shutdown are searching for refund policies related to flight delays or cancellations, as... Read More.

Fed expected to cut interest rates, but less than Trump wants

Wednesday, October 29 by ABC News

(WASHINGTON) -- The Federal Reserve on Wednesday will set the level of its benchmark interest rate, adjusting a major policy lever for the first... Read More.

Amazon layoffs highlight impact of AI, some experts say: ‘Wake-up call’

Tuesday, October 28 by ABC News

(NEW YORK) -- Amazon is set to lay off thousands of corporate workers, despite billions in profits and lucrative lines of business spanning from... Read More.

Trump’s halt of US-Canada trade talks could impact these prices

Saturday, October 25 by ABC News

(NEW YORK) -- Prices for home appliances, cars and auto parts could be impacted by President Donald Trump’s decision overnight to end trade talks... Read More.

Inflation climbs to highest level since January, beef prices soar

Friday, October 24 by ABC News

(NEW YORK) -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its... Read More.

What could supply chain snags in the auto industry mean for car buyers?

Thursday, October 23 by ABC News

(NEW YORK) -- Car buyers may face elevated prices and a shortage of some vehicles due to a supply chain snarled by tariffs and... Read More.

As new tariffs take effect, US consumers footing more than half the burden: Report

Tuesday, October 14 by ABC News

(NEW YORK) -- With new tariffs taking effect Tuesday on furniture and lumber, an analysis released by Goldman Sachs finds American consumers are paying... Read More.