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You may want to jump off Wall Street's wild ride, but remember: This is what the market does
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal
1 hour agoMacy's Q4 is mixed and its 2025 outlook is tempered by tariffs and leery shoppers
Macy’s swung to a profit in the fourth quarter, though sales dipped with shoppers still cautious about spending
March 06, 2025Musk embrace of right-wing politics risks turning off car buyers, sinking Tesla stock
Elon Musk appears be to turning off potential Tesla buyers with his embrace of far-right politicians around the world, analysts say, and the hit couldn't come at a worse time
March 03, 2025
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1 hour ago
You may want to jump off Wall Street's wild ride, but remember: This is what the market does
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal
1 hour ago
1 hour ago
Trump announces pause on tariffs for some Mexican goods
The move expanded a carve-out issued for automakers a day earlier.
1 hour ago
4 hours ago
Taiwan says chipmaker's move to invest $100 billion in the US wasn't because of US pressure
Taiwan President Lai Ching-te and the CEO of Taiwan's largest chipmaker on Thursday held a joint news conference defending TSMC's decision to invest $100 billion in the U.S., saying that it stemmed from customer demand and not out of pressure from the ...
4 hours ago
March 06
Number of Americans filing for jobless benefits falls as labor market remains sturdy
Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees
March 06
March 06
European Central Bank cuts rates by a quarter point to support growth as possible trade war looms
European Central Bank cuts rates by a quarter point to support growth as possible trade war looms
March 06
March 06
Mortgage rates have declined but could stay at a level that makes it tough to afford a home
Mortgage rates have been mostly declining in recent weeks, helping encourage prospective home shoppers just as the spring homebuying season gets going
March 06
March 06
Macy's Q4 is mixed and its 2025 outlook is tempered by tariffs and leery shoppers
Macy’s swung to a profit in the fourth quarter, though sales dipped with shoppers still cautious about spending
March 06
March 06
China slams US tariffs, says economy is resilient but no winners in a trade war
China's commerce minister says Beijing will not yield to bullying and its economy can weather tariffs and other challenges, though there are “no winners in a trade war."
March 06
March 06
Turkey's central bank lowers key interest rate as inflation slows
Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures indicated a slowdown in inflation that has eroded households’ purchasing power
March 06
March 06
European Central Bank cuts rates by quarter point with trade war a potential threat
The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth
March 06
March 06
Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO
Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion
March 06
March 06
The US penny costs nearly 4 cents to make. But for one sector of souvenir sellers, it's a living
President Donald Trump talks of big change in his second term of office
March 06
March 05
Head of International Rescue Committee on the USAID cuts
ABC News’ Linsey Davis speaks to President and CEO of the International Rescue Committee David Miliband about the USAID cuts and how they will impact the U.S. and countries in need.
March 05
March 05
EXp Realty CEO expects US home sales will rise modestly this year and a more buyer-friendly market
Elevated mortgage rates and rising home prices are freezing out many would-be buyers, and that's keeping the U.S. housing market in a years-long slump
March 05
March 05
Automakers applaud Trump's tariff exemption for industry
The exemption was granted at the request of Ford, General Motors and Stellantis.
March 05
March 05
Airport in southwest Haiti ready for international flights after violence halts flights to capital
Haitian officials say an airport in the country’s southwest region is ready to receive international flights for the first time
March 05
March 05
Prices for these products will rise within days due to Trump's tariffs
New tariffs hit a vast range of products from essentials to big-ticket items.
March 05
March 05
Google leans further into AI-generated overviews for its search engine
Google is updating its ubiquitous search engine with the next generation of its artificial intelligence technology as part of an effort to provide instant expertise amid intensifying competition from smaller competitors
March 05
March 05
Major retailers tamper expectations for 2025 as Americans slow their spending
Some retailers are beginning to take a more cautious approach with their financial forecasts as they keep a closer eye on signs of a pullback in consumer spending
March 05
March 05
Germany to ease government debt limits in major step aimed at boosting economy, defense spending
The two political parties expected to form the next German government have agreed to significantly loosen the country’s constitutional restriction on deficits, enabling 1 trillion euros ($1.08 trillion) or more in new borrowing and spending on defense ...
March 05
March 05
Trump grants 1 month exemption for US automakers from new tariffs on imports from Mexico, Canada
President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers
March 05
March 05
Edmunds: What to know about buying an EV in 2025
Electric vehicle shoppers could be thrown a couple of curve balls in 2025 if the Trump administration goes through with some of its plans
March 05
March 05
Greenland's prime minister says island isn't for sale as Trump seeks control 'one way or the other'
Greenland’s prime minister has a message for President Donald Trump: “Greenland is ours.”
March 05
March 04
World shares and US futures are higher after Wall Street losses and Trump's speech
World shares and U.S. futures are mostly higher despite a rocky session on Wall Street after Canada and Mexico were hit by 25% U.S. tariffs that took effect on Tuesday
March 04
March 04
China sticks to an economic growth target of 'around 5%' despite a looming trade war with US
China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds
March 04
March 04
China keeps its economic growth target at 'around 5%' for 2025 despite looming trade war and other headwinds
China keeps its economic growth target at 'around 5%' for 2025 despite looming trade war and other headwinds
March 04
March 04
Trump administration deletes list of hundreds of federal buildings targeted for potential sale
The Trump administration published a list of more than 440 federal properties it identified to close or sell, including the FBI headquarters and the main Department of Justice building, after deeming them “not core to government operations.”
March 04
March 04
Ontario leader threatens to shut off power to US after tariffs on Canada
U.S. tariffs are at their highest level since 1943, Yale's Budget Lab said.
March 04
March 04
Stocks tumble after Trump tariffs take effect
The Trump administration's long-promised tariffs took hold on Tuesday.
March 04
March 04
North Carolina lawmakers close in on another injection of Helene relief funds
North Carolina legislators appear to be closing in on legislation to provide more funds to help the mountains recover from Hurricane Helene
March 04
March 04
Deal struck to bring ports on both sides of Panama Canal under American control
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trum...
March 04
March 04
Supreme Court makes it harder for EPA to police sewage discharges
The Supreme Court has made it harder for environmental regulators to limit water pollution, ruling for San Francisco in a case about the discharge of raw sewage that sometimes occurs during heavy rains
March 04
March 04
Bad Bunny agency announces deal with Padres star Fernando Tatis Jr.
Rimas Sports, the agency co-owned by Puerto Rican rapper Bad Bunny whose leaders have been suspended by the baseball players’ union, has announced a management deal with San Diego Padres star Fernando Tatis Jr_ Rimas said it will work to “expand his po...
March 04
March 04
Starbucks brings in new finance chief as part of turnaround strategy
Starbucks has named a new chief financial officer as part of its larger turnaround effort
March 04
March 04
Trump's halt on military aid will hurt Ukraine's defenses. But it may not be fatal
The U.S. has been Ukraine’s biggest military backer since Russia’s full-scale invasion began three years ago
March 04
March 04
Prada posts double-digit growth in 2024 in a down market as it eyes Versace acquisition
The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition
March 04
March 04
Mexico will punch back against US tariff’s with retaliatory tariffs of its own on US imports
Mexico will punch back against US tariff’s with retaliatory tariffs of its own on US imports
March 04
March 04
Residents flee border area as Afghan and Pakistani forces clash over crossing closure
A Pakistani official says residents have fled a border area with Afghanistan after forces from both sides clashed into the early hours of the morning
March 04
March 04
Target posts strong fourth quarter profits and sales, but warns on impact of tariffs
Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending and the company said there will be “meaningful pressure” on its profits to start the year because of tariffs and other costs
March 04
March 04
The top issues for China's legislature are likely to be the economy and AI
Harnessing the power of artificial intelligence and shoring up the economy are among the issues expected to top the agenda when China’s legislature meets Wednesday in Beijing
March 04
March 04
Saudi oil giant Aramco reports $106Bn profit in 2024, down 12% on lower energy prices
Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy prices
March 04
March 04
What to know as tariffs go into effect on Mexico, Canada, China
Tariffs could raise prices for gasoline, avocados and iPhones.
March 04
March 04
China slaps extra tariffs of up to 15% on imports of major US farm exports and adds trade limits
China has responded to new U.S. tariffs by announcing it will impose additional tariffs of up to 15% on imports of key U.S. farm products
March 04
March 03
Beijing's deflation dilemma: Falling prices signal bigger troubles ahead for China's economy
China's leaders are overseeing a spell of deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world
March 03
March 03
Wall Street's losing streak deepens as Trump's tariffs kick in
Stocks are falling again on Wall Street as companies and investors react to President Donald Trump's decision to impose tariffs on the U.S.'s biggest trading partners
March 03
March 03
India's steel industry contemplates potential fallout from Trump tariffs
The recently announced U.S. tariffs on steel imports mean that countries like China, which export to the U.S., will need to find new markets — and that could lead to steel dumping in places like India
March 03
March 03
Trump sends crypto prices soaring after surprise announcement of strategic government reserve
Cryptocurrency prices jumped after President Donald Trump’s surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump’s growing attempts to use...
March 03
March 03
Power outage at BWI Airport interrupts air travel
A power outage at Baltimore-Washington International Airport is causing significant flight delays and other interruptions to air travel
March 03
March 03
Nationals free to negotiate TV deal starting in 2026, settle lengthy MASN dispute with Orioles
The Nationals and Baltimore Orioles ended a legal fight over television rights dating to 2012 when Major League Baseball announced Washington will be freed from its deal with the Mid-Atlantic Sports Network after the upcoming season
March 03
March 03
Ukraine's Zelenskyy says end of war with Russia is 'very, very far away'
Ukrainian President Volodymyr Zelenskyy says a deal to end the war between Ukraine and Russia “is still very, very far away."
March 03