The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below where it was a year ago

Lower borrowing costs offer relief but economic uncertainty looms, experts say.

President Donald Trump has called on the Fed to lower rates, despite its political independence.

Trump has called on the Fed to lower rates, despite a longstanding norm of political independence.

Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in September 2024.

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs

Most auto part imports now have a 25% import tax which started at 12:01 a.m. ET on Saturday.

"Prices are still going up," one expert said.

ABC News' Alexis Christoforous weighs in on the market as the S&P 500 has been up for nine consecutive days with the better than expected jobs report being a driving force.

KPMG Chief Economist Diane Swonk discusses the April jobs report that was released on Friday.

The U.S. added 177,000 jobs in April, according to data from the U.S. Bureau of Labor Statistics. That figure marked solid growth but a slowdown from 228,000 jobs added in the previous month.

Home ownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford

More than 7 in 10 Americans believe the economy is in bad shape, according to a new ABC News/Washington Post/Ipsos poll.

McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners

The International Monetary Fund says that countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financi...

Consumer egg prices have climbed 25% since January, data shows.

RSM chief economist Joseph Brusuelas says consumer prices may begin to go up in the coming months following tariffs imposed by the Trump administration.

UPS announced the company will lay off 20,000 workers and close some facilities as it reduces Amazon package shipments.

Economists are forecasting a significant slowdown for the first quarter of 2025, likely driven by a surge in imports as U.S. companies raced to get ahead of tariffs before they took effect.

Trump's tariffs have stoked uncertainty among consumers and businesses.

ABC News’ Mary Bruce spoke with ABC News contributors Reince Priebus and Donna Brazile about Trump’s first 100 days in office and how the administration has shifted U.S. policy.

President Donald Trump will visit Michigan on Tuesday, where he is expected to deliver some tariff relief to U.S. automakers.

Latest polls show most Americans fear current White House policies may push the economy into a recession. Some young women are taking steps to prepare for one.

Wall Street analysts are warning of price hikes and elevated recession risk.

As President Donald Trump marks his first 100 days in office, economists are sounding the alarm over tariff-related shortages in the coming weeks as the trade war with China shows no sign of easing.

Polling shows most Americans disapprove of Trump on the economy. But his voters largely say they’re still confident in him with a few concerns.

President Donald Trump's policies during his first 100 days upended global trade, but also risked a recession, experts said.

A marketing email for Trump Coins ascribes gold's soaring value to the president's "strong leadership" -- but some experts say the surge reflects economic uncertainty.

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers

The Points Guy Brian Kelly is here with a summer travel alert as Southwest and American Airlines are out with warnings about economic uncertainty.

U.S. stocks rallied on Wednesday, one day after President Donald Trump said tariffs on China would "come down substantially."

Defaulted loans will be sent for collections next month, government says.

President Donald Trump called Federal Reserve Chair Jerome Powell “a major loser” in a Truth Social post and warned the economy would slow unless the Fed lowers interest rates.

Gold topped $3,400 per ounce for the first time ever last week.

Trump's remarks defied a longstanding norm of political independence at the Fed.

ABC News’ Jonathan Karl interviews House Minority Leader Rep. Hakeem Jeffries, D-N.Y., on “This Week.”

On "This Week," Hakeem Jeffries accused GOP leaders for ignoring the rising cost of living for many Americans.

Pastors Charlie Dates and Jamal Harrison Bryant discuss how they are encouraging Black communities to “spend their dollars with dignity” and pressure big retailers to enact change.

Television host Rick Steves says public broadcasting is "mission driven" and benefits from the kind of programming they provide as the Trump admin. is considering cutting public broadcasting.

Economists widely expect importers to pass along some of the tax to consumers.

President Donald Trump said Federal Reserve Chairman Jerome Powell’s "termination cannot come fast enough" after Powell said he expects Trump's tariff policy to cause higher inflation.

The Fed is an independent government agency established by Congress.

It was not clear whether Trump’s comments indicated a desire to remove Powell from his position or an eagerness for the completion of Powell’s term as Fed chair in 2026.

Stock markets fell after Federal Reserve Chairman Jerome Powell said that the Trump administration’s tariffs would most likely lead to even higher inflation and slower growth.

Trump's tariffs are "highly likely" to cause higher inflation, Powell said.

Tariffs set off one of the most volatile trading periods in Wall Street history.

Sarah and Sean Stepleton have had to find ways to tighten their budget while raising three young kids.

Small businesses are caught in the crossfire as the Trump administration raises tariffs on Chinese goods to 145%, driving up costs and putting added pressure on their bottom line.

WeightWatchers is reportedly preparing to file for bankruptcy after the health and wellness company was hurt by the rise of weight loss medications.

A bond slump days earlier helped push Trump to delay some tariffs.