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3 hours ago

Hudson's Bay seeks creditor protection, plans to restructure business

Canada’s oldest retailer, Hudson’s Bay, has filed for creditor protection and intends to restructure the business
3 hours ago
3 hours ago

Expert breaks down White House summit with crypto execs

ABC News’ Juju Chang spoke with cryptocurrency analyst Wendy Owusu to unpack how Friday's White House summit might, or might not, benefit everyday Americans.
3 hours ago
VIDEO: Expert breaks down White House summit with crypto execs
March 07

Mexican finance minister, a holdover from previous administration, resigns and is replaced by deputy

Mexican Finance Secretary Rogelio Ramírez de la O, a holdover from the previous administration, has resigned for personal reasons and will be replaced by his deputy
March 07
U.S. Treasury Secretary Janet Yellen and Mexican Finance Secretary Rogelio Ramirez de la O, shake hands after a news conference at the National Palace in Mexico City, Dec. 7, 2023. (AP Photo/Fernando Llano, File)
March 07

Trump floats 250% tariff on dairy from Canada

Jerome Powell issued remarks as Trump threatened new tariffs on Canada.
March 07
A freight truck carrying lumber crosses the border from Canada to the U.S. as seen from Champlain, N.Y., March 5, 2025.
March 07

Canada to name a new leader while dealing with Trump trade war

Former central banker Mark Carney looks set to become Canada’s next prime minister after the governing Liberals announce a replacement for Justin Trudeau on Sunday
March 07
Liberal Party of Canada leadership candidates Karina Gould, Frank Baylis, Chrystia Freeland and Mark Carney greet one another prior to the English-language Liberal Leadership debate in Montreal on Tuesday, Feb. 25, 2025. (Christinne Muschi/The Canadian Press via AP)
March 07

Hiring falls short of expectations in 1st full month of Trump term

The jobs report arrives at a turbulent moment for U.S. stocks, trade relations.
March 07
Baristas Kelly Spivey, left, and Genia Simonova serve coffee and teas at Huckleberry Roasters in Denver, Colorado on Feb. 20, 2025.
March 07

Daylight saving time is coming and the golf industry can't wait

Every year, bills are introduced in state legislatures across the country seeking to end the changing of clocks twice a year
March 07
March 07

White House officials detail strategic Bitcoin reserve

Senior White House officials provided more details about the strategic Bitcoin reserve and U.S. digital assets stockpile that President Donald Trump created Thursday through an executive order.
March 07
Senior White House officials provided more details about the strategic Bitcoin reserve and U.S. digital assets stockpile that President Donald Trump created Thursday through an executive order.
March 07

Trump administration throws hundreds of affordable housing projects into limbo after contract cuts

The Associated Press has found that the Trump administration has stalled at least $60 million in funding intended largely for affordable housing developments nationwide
March 07
FILE - Firefighters from the Los Angeles Fire Department search through the rubble of buildings damaged by Hurricane Katrina along the coastline in East Biloxi, Miss., Sept. 7, 2005. (AP Photo/Darron Cumming, File)
March 07

Powell: Federal Reserve to stay on hold amid widespread economic uncertainty

Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s policies to resolve
March 07
Federal Reserve Chair Jerome Powell, left, and Anil Kashyap, Professor of Economics and Finance at the University of Chicago's Booth School of Business, talk after Powell's address to the annual U.S. Monetary Policy Forum, in New York, Friday, March 7, 2025. (AP Photo/Richard Drew),
March 07

A staff office for the US nuclear waste repository will no longer face DOGE cuts

Federal officials have backtracked on plans to cancel a lease for office space in New Mexico where dozens of U.S. Department of Energy employees who oversee the nation’s only underground nuclear waste repository are based
March 07
FILE - The Waste Isolation Pilot Plant is seen, March 6, 2014, near Carlsbad, N.M. (AP Photo/Susan Montoya Bryan, File)
March 07

Ministers from Japan and UK agree to promote free trade amid Trump tariff threats

Economy and foreign ministers of Japan and Britain agreed Friday to promote free and open international trade at their first “two-plus-two” dialogue on economy held in Tokyo amid growing concern about U.S. President Donald Trump’s tariff threats
March 07
March 07

Takeaways from the EU's landmark security summit after Trump said Europe must fend for itself

European Union leaders are trumpeting their endorsement of a plan to free up hundreds of billions of euros to inject into their defense budgets
March 07
French President Emmanuel Macron speaks during a media conference at an EU Summit in Brussels, Thursday, March 6, 2025. (AP Photo/Omar Havana)
March 07

F1 stamps Cadillac ready to join the grid in 2026. American team will be 11th in global series

Cadillac’s Formula 1 team has received official approval to join the grid in 2026 and its owners insist the team will be ready to compete
March 07
ARCHIVO - Dan Towriss, presidente del Group 1001, durante una rueda de prensa, el 27 de septiembre de 2021, en Indianápolis. (AP Foto/AJ Mast)
March 07

Homeland Security ends TSA collective bargaining agreement, in effort to dismantle union protections

A union representing Transportation Security Administration workers calls the Department of Homeland Security's decision to end the collective bargaining agreement with them an “unprovoked attack.”
March 07
FILE - The Department of Homeland Security logo is seen during a news conference in Washington, Feb. 25, 2015. (AP Photo/Pablo Martinez Monsivais, File)
March 07

Private lunar lander is declared dead after landing sideways in a crater near the moon's south pole

A private lunar lander is no longer working after landing sideways in a crater near the moon's south pole
March 07
This photo provided by Intuitive Machines on Friday, March 7, 2025, shows the Athena, a private lunar lander, after landing sideways in a crater near the moon's south pole. (Intuitive Machines via AP)
March 07

US hiring falls short of expectations in 1st full month of Trump term

ABC News’ Alexis Christoforous breaks down the latest jobs report, which arrives at a turbulent moment for U.S. stocks and trade relations.
March 07
VIDEO: US hiring falls short of expectations in 1st full month of Trump term
March 07

Denmark's state-run postal service will no longer deliver letters

PostNord will stop delivering letters to Denmark at the end of 2025, though package distribution will remain
March 07
This undated handout photo shows a PostNord van on the road in Denmark. (PostNord via AP)
March 07

Thrust into unemployment, axed federal workers face relatives who celebrate their firing

Scrambling to replace their health insurance and to find new work, some fired federal workers are running into another unexpected unpleasantry: Relatives cheering their job loss
March 07
This photo provided by Kristin Jenn shows her in her National Park Service ranger uniform in Denali National Park and Preserve in Alaska in October 2024, while she was a seasonal worker for the NPS. (Kristin Jenn via AP)
March 07

World Trade Organization chief says US concerns on tariffs need to be heard

The head of the World Trade Organization says America's global trading partners should listen to U.S. concerns about tariffs and engage in dialogue rather than embrace tit-for-tat measures on tariffs
March 07
Former Chancellor of Germany Angela Merkel delivers the WTO Presidential Lecture on Friday, March 7, 2025 at the WTO's headquarters in Geneva, Switzerland. (AP Photo/Jamey Keaten)
March 07

China's exports and imports weaken in Jan-Feb as demand slides amid global trade uncertainty

China has reported that its exports rose a less-than-expected 2.3% in January and February from a year earlier while imports fell more than 8% in a slow start to a year dogged by uncertainty over U.S. tariffs and other policies
March 07
FILE - A truck loaded with vehicles moves to lines of vehicles for export at a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File)
March 07

China's foreign minister blasts the US over tariffs at meeting with journalists

Along with fulminating against the United States, China’s Foreign Minister Wang Yi reasserted China’s South China Sea claims, blasted Japan for its past aggression and covered a wide range of other issues during his annual meeting with journalists
March 07
Chinese Foreign Minister Wang Yi reacts to journalists as he leaves a press conference on the sideline of the National People's Congress in Beijing, Friday, March 7, 2025. (AP Photo/Ng Han Guan)
March 07

Asian shares slip as investors brace for further uncertainty over tariffs, await US jobs report

Asian shares are mostly lower, with Tokyo's benchmark closing down more than 2% after a sell-off on Wall Street
March 07
FILE - A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)
March 07

North Carolina Republicans seek to force top Democrats to fall in line with Trump agenda

North Carolina Republicans who are resolved to promote President Donald Trump’s agenda want to compel the new Democratic governor to aid the president's immigration policy
March 07
North Carolina Democratic Gov. Josh Stein speaks to reporters after a Council of State meeting at the state Department of Transportation building in Raleigh, N.C., Tuesday, Feb. 4, 2025 (AP Photo/Gary D. Robertson)
March 07

Why should America worry about Trump? Try the price of eggs, say some Democrats

Democrats are hopeful that their party's road to recovery lies in the price of eggs
March 07
A sign is mounted on a shelve of eggs at a grocery store in Northbrook, Ill., Friday, Feb. 28, 2025. (AP Photo/Nam Y. Huh)
March 06

SpaceX launches Starship mega rocket on another test flight after an explosion marred the last one

SpaceX has launched another mammoth Starship rocket on a test flight to release mock satellites into space
March 06
The booster of SpaceX's mega rocket Starship is recaptured during a test flight from Starbase in Boca Chica, Texas, Thursday, March 6, 2025. (AP Photo/Eric Gay)
March 06

Walgreens agrees to be acquired by private equity firm for almost $10 billion

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money
March 06
March 06

Tariffs on some Canadian, Mexican goods will be paused: White House

The temporary move expanded a carve-out issued for automakers a day earlier.
March 06
Trucks queue near the Mexico-US border before crossing the border at Otay Commercial crossing in Tijuana, Baja California state, Mexico, Mar. 4, 2025.
March 06

How major US stock indexes fared Thursday, 3/6/2025

Another sell-off on Wall Street sent the Nasdaq composite 10% below its record as whiplash over tariffs grows and as AI stars lose more of their shine
March 06
March 06

A timeline of Trump's tariffs placed on Canada, Mexico and China

Tariffs issued this week upended U.S. trade relationships and roiled markets.
March 06
President Donald Trump speaks as he prepares to sign executive orders in the Oval Office of the White House in Washington, Mar. 6, 2025.
March 06

Tex-Mex chain On the Border files for bankruptcy protection

On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior
March 06
March 06

Private lunar lander touches down on the moon, but its condition is unknown

A privately owned lunar lander has touched down near the moon's south pole
March 06
This photo provided by NASA shows the Intuitive Machines' Athena lander approaching the surface of the moon on Thursday, March 6, 2025. (NASA via AP)
March 06

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
March 06
Financial news is displayed as people work on the floor at the New York Stock Exchange in New York, Tuesday, March 4, 2025. (AP Photo/Seth Wenig)
March 06

Trump's erratic trade policies are baffling businesses, threatening investment and economic growth

President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners – Mexico, Canada and China — is baffling businesses and causing them to delay or cancel the investments that help drive economic growth
March 06
In this image made from video, Canadian flag pins are on display at the Whiskeyjack Boutique gift shop Tuesday, March 4, 2025, in Windsor, Ontario. (AP Photo/Mike Householder)
March 06

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 ...
March 06
FILE - This photo shows the logo of TSMC (Taiwan Semiconductor Manufacturing Company) during the Taiwan Innotech Expo at the World Trade Center in Taipei, Taiwan, Oct. 14, 2022. (AP Photo/Chiang Ying-ying, File)
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
FILE - A help wanted sign is seen at a Allstate insurance office in Elgin, Ill., Saturday, March 19, 2022. (AP Photo/Nam Y. Huh, File)
March 06

Albania shuts down TikTok for a year amid concerns over violence among children

The Albanian Cabinet has decided to shut down TikTok for 12 months, blaming the video-sharing platform for inciting violence and bullying, especially among children
March 06
FILE - A visitor passes the TikTok exhibition stands at the Gamescom computer gaming fair in Cologne, Germany, Thursday, Aug. 25, 2022. (AP Photo/Martin Meissner, File)
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
FILE - For sale and sold signs are seen in storage at a real estate office on Tuesday, Oct. 15, 2024, in Portland, Ore. (AP Photo/Jenny Kane, File)
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
FILE - A Macy's department store is in Bay Shore, Long Island, New York, on Tuesday, December 12, 2023. (AP Photo/Ted Shaffrey, File)
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
A man eats a pancake as he walks by a noodles restaurant during a morning rush hour in Beijing, Thursday, March 6, 2025. (AP Photo/Andy Wong)
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
FILE - A seller talks to a customer in a street market in Istanbul, Turkey, on Sept. 6, 2023. (AP Photo/Francisco Seco, File)
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
The sun has set behind the European Central Bank, right, in Frankfurt, Germany, Wednesday, March 5, 2025, the day before the meeting of the ECB's governing council. (AP Photo/Michael Probst)
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
FILE - A Vancouver Police officer talks on his phone outside of a crime scene at a 7-Eleven after a stabbing in Vancouver, British Columbia, Wednesday, Dec. 4, 2024. (Ethan Cairns/The Canadian Press via AP, File)
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
A girl uses a penny press machine at the American Dream mall, Sunday, March 2, 2025, in East Rutherford, N.J. (AP Photo/Julia Demaree Nikhinson)
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
VIDEO: Head of International Rescue Committee on the USAID cuts
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
FILE - A housing development in Cranberry Township, Pa., is shown on March 29, 2024. (AP Photo/Gene J. Puskar, File)
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
Flags of the United States and Canada fly at a Customs station at the Ambassador Bridge on the first day of President Donald Trump's new 25% tariffs on goods from Canada and Mexico, Mar. 4, 2025 in Windsor, Canada.
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
FILE - A police officer patrols the entrance of the Toussaint Louverture International Airport, in Port-au-Prince, Haiti, Nov. 12, 2024. (AP Photo/Odelyn Joseph, File)
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
Shoppers fill the aisles during the grand opening of Wegmans supermarket on February 26, 2025 in Lake Grove, New York.