Business News

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

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.

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

Jerome Powell issued remarks as Trump threatened new tariffs on Canada.

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

The jobs report arrives at a turbulent moment for U.S. stocks, trade relations.

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

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.

The Associated Press has found that the Trump administration has stalled at least $60 million in funding intended largely for affordable housing developments nationwide

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

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

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

European Union leaders are trumpeting their endorsement of a plan to free up hundreds of billions of euros to inject into their defense budgets

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

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.”

A private lunar lander is no longer working after landing sideways in a crater near the moon's south pole

ABC News’ Alexis Christoforous breaks down the latest jobs report, which arrives at a turbulent moment for U.S. stocks and trade relations.

PostNord will stop delivering letters to Denmark at the end of 2025, though package distribution will remain

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

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

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

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

Asian shares are mostly lower, with Tokyo's benchmark closing down more than 2% after a sell-off on Wall Street

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

Democrats are hopeful that their party's road to recovery lies in the price of eggs

SpaceX has launched another mammoth Starship rocket on a test flight to release mock satellites into space

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

The temporary move expanded a carve-out issued for automakers a day earlier.

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

Tariffs issued this week upended U.S. trade relationships and roiled markets.

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

A privately owned lunar lander has touched down near the moon's south pole

Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal

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

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 ...

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees

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

European Central Bank cuts rates by a quarter point to support growth as possible trade war looms

Mortgage rates have been mostly declining in recent weeks, helping encourage prospective home shoppers just as the spring homebuying season gets going

Macy’s swung to a profit in the fourth quarter, though sales dipped with shoppers still cautious about spending

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."

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

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

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

President Donald Trump talks of big change in his second term of office

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.

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

The exemption was granted at the request of Ford, General Motors and Stellantis.

Haitian officials say an airport in the country’s southwest region is ready to receive international flights for the first time

New tariffs hit a vast range of products from essentials to big-ticket items.