Follow the latest Economy news, videos, and analysis from ABC News.
April 1, 2025 at 8:33 PM
'We will respond': Canada vows retaliatory tariffs if Trump escalates trade war
Trump says he'll unveil new tariffs April 2, which he dubbed "Liberation Day."
April 1, 2025 at 8:33 PM
April 1, 2025 at 2:32 PM
Trump tariffs bring ‘rising’ chance for recession: Analyst
Bankrate chief financial analyst Greg McBride explains the impact of President Donald Trump’s tariffs on businesses, consumers and the stock market.
April 1, 2025 at 2:32 PM
April 1, 2025 at 12:35 PM
Stocks swing in reaction to Trump tariffs
ABC News’ Rebecca Jarvis reports on the uncertainty on Wall Street amid President Donald Trump’s recent tariff announcements and as a number of economists increase the chances of a recession.
April 1, 2025 at 12:35 PM
March 31, 2025 at 9:12 PM
'Liberation day' may lead to a recession, experts say. Here's why.
Trump is set to unveil tariffs on April 2, which he has dubbed "liberation day."
March 31, 2025 at 9:12 PM
March 31, 2025 at 8:46 PM
Dow and S&P 500 close up, Nasdaq falls as Trump's 'Liberation Day' tariffs loom
Over the weekend, Trump said new tariffs would impact "all countries."
March 31, 2025 at 8:46 PM
March 31, 2025 at 2:01 PM
Trump tariffs a ‘big negative’ for consumers: Economist
Chief economist of Moody’s Analytics Mark Zandi discusses the potential impact of the expected introduction of President Donald Trump's sweeping tariffs on Wednesday.
March 31, 2025 at 2:01 PM
March 28, 2025 at 10:39 PM
Inflation held steady in February, according to Fed's preferred gauge
ABC News’ Alexis Christoforous reports on the fresh data, which arrives little more than a week after the Fed opted to leave interest rates unchanged.
March 28, 2025 at 10:39 PM
March 27, 2025 at 4:33 PM
Average US rate for 30-year mortgage falls slightly to 6.65% after rising for 2 weeks
The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what is traditionally the busiest time of the year for the housing market
March 27, 2025 at 4:33 PM
March 27, 2025 at 1:02 PM
U.S. economy grew 2.4% in the 4th quarter after upgrade from earlier estimate
The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending
March 27, 2025 at 1:02 PM
March 26, 2025 at 7:14 PM
What you need to know about current consumer spending
ABC News business reporter Alexis Christoforous discusses current consumer spending and how the Trump administration’s plans could impact that.
March 26, 2025 at 7:14 PM
March 26, 2025 at 5:40 PM
US projected to default this summer absent congressional action
The debt ceiling, currently at $36.1 trillion, establishes a statutory limit that the government may borrow.
March 26, 2025 at 5:40 PM
March 26, 2025 at 12:39 PM
Consumer confidence hits 12-year low amid recession fears
"GMA" explores how Wall Street's volatility is rippling through Main Street, with consumer confidence dropping to its lowest level in over a decade as recession concerns grow.
March 26, 2025 at 12:39 PM
March 26, 2025 at 12:31 PM
What could tariffs on April 2 mean for prices and the economy?
Trump has referred to April 2 as "liberation day."
March 26, 2025 at 12:31 PM
March 25, 2025 at 5:56 PM
Consumer attitudes worsen more than expected amid Trump's tariffs: Survey
Survey of shopper woes comes days before the onset of additional U.S. tariffs.
March 25, 2025 at 5:56 PM
March 25, 2025 at 5:31 PM
Consumer attitudes worsen more than expected amid Trump's tariffs: Survey
Survey of shopper woes comes days before the onset of additional U.S. tariffs. ABC News' Alexis Christoforous has the details.
March 25, 2025 at 5:31 PM
March 22, 2025 at 7:58 PM
Is a recession looming?
ABC News’ business correspondent Alexis Christoforous takes a look at the warnings from economists about a pending recession. Plus, how it could affect you and what you can be doing to prepare.
March 22, 2025 at 7:58 PM
March 21, 2025 at 11:01 PM
How the trade war could impact the US whiskey business
Rep. Morgan McGarvey (D-Ky.) discusses what he calls the "disastrous impact" the trade war could have to Kentucky's bourbon and whiskey industry.
March 21, 2025 at 11:01 PM
March 21, 2025 at 9:03 PM
New Yorkers scramble for free eggs
Thousands of eggs have been handed out across New York City as part of a free giveaway
March 21, 2025 at 9:03 PM
March 20, 2025 at 7:49 PM
The latest on DOGE, immigration reform and the economy
Donna Brazile and former New Hampshire Gov. Chris Sununu join “GMA3” to discuss the biggest issues happening now and impacting Americans across the country.
March 20, 2025 at 7:49 PM
March 20, 2025 at 3:20 PM
Trump criticizes Fed decision to maintain interest rates
Trump's comments came hours after the Fed opted to hold interest rates steady.
March 20, 2025 at 3:20 PM
March 20, 2025 at 2:17 PM
US home sales rose in February as mortgage rates eased and more homes put up for sale
Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers
March 20, 2025 at 2:17 PM
March 20, 2025 at 1:47 PM
Fed leaves interest rates unchanged
Federal Reserve Chair Jerome Powell said on Wednesday that a “good part” of the inflation consumers are seeing are from President Donald Trump’s tariffs but doesn’t expect a long lasting inflation impact.
March 20, 2025 at 1:47 PM
March 20, 2025 at 11:46 AM
Trump tariffs partly to blame for inflation: Fed chair
"We are not in a hurry," Federal Reserve Chair Jerome Powell said earlier this month.
March 20, 2025 at 11:46 AM
March 20, 2025 at 1:34 AM
By The Numbers: Restaurant chains seeing biggest price increases
ABC News looks more closely at inflation concerns in the United States as prices continue to rise at popular chain restaurants.
March 20, 2025 at 1:34 AM
March 19, 2025 at 8:43 PM
Will Trump's tariffs threaten the Fed's soft landing? Experts weigh in.
The Fed is set to announce a its latest interest rate decision on Wednesday.
March 19, 2025 at 8:43 PM
March 19, 2025 at 8:41 PM
Fed chair faults Trump tariffs for 'good part' of inflation
The Federal Reserve held interest rates steady on Wednesday, faulting President Donald Trump's tariffs for a portion of recent price increases but opting for a patient approach.
March 19, 2025 at 8:41 PM
March 19, 2025 at 6:37 PM
Fed holds interest rates steady, opting for patience as Trump's tariffs roil markets
The Federal Reserve held interest rates steady on Wednesday, opting for a patient approach weeks after President Donald Trump's tariffs touched off a global trade war.
March 19, 2025 at 6:37 PM
March 17, 2025 at 7:09 PM
Gold prices are soaring. Is it a good investment amid the stock selloff?
Gold topped $3,000 per ounce for the first time ever last week.
March 17, 2025 at 7:09 PM
March 17, 2025 at 4:14 PM
Weak retail sales report fuels economic concerns
ABC News’ Alexis Christoforous breaks down the report, which comes ahead of this week’s meeting of the Federal Reserve.
March 17, 2025 at 4:14 PM
March 17, 2025 at 3:49 PM
Wholesale price of eggs drops for 3rd week in a row
The combination of prices scaring off customers, slowed outbreaks and a later Easter this year is resulting in less demand.
March 17, 2025 at 3:49 PM
March 17, 2025 at 3:23 PM
Wholesale egg prices drop for 3rd straight week
ABC News’ Rhiannon Ally reports on the steep drop in egg prices and how long these lower prices are expected to last.
March 17, 2025 at 3:23 PM
March 17, 2025 at 2:59 PM
What February retail sales report could signal about the economy
ABC News’ Trevor Ault reports on the latest government retail data.
March 17, 2025 at 2:59 PM
March 16, 2025 at 10:19 PM
The US faces ‘not an insignificant probability’ of a recession: Diane Swonk
ABC News’ Martha Raddatz interviews KPMG Chief Economist Diane Swonk on “This Week.”
March 16, 2025 at 10:19 PM
March 16, 2025 at 10:18 PM
Trump's trade war throws some Florida businesses into uncertainty
On “This Week,” co-anchor Martha Raddatz speaks to business leaders in Florida about the impact of tariffs.
March 16, 2025 at 10:18 PM
March 16, 2025 at 2:15 PM
Why gold prices are hitting an all time high
ABC News' Alexis Christoforous joins "GMA" to take a look at why some Americans are looking to purchase the precious metal.
March 16, 2025 at 2:15 PM
March 16, 2025 at 1:46 AM
Consumer sentiment lowest since 2022
Signs show that Americans are cutting back on spending due to President Donald Trump's trade wars, soaring tariffs, inflation, and the high cost of groceries.
March 16, 2025 at 1:46 AM
March 16, 2025 at 12:26 AM
Strong Dollar drives American travelers abroad
Personal finance and utility columnist Jessica Roy delivers tips and tricks to save up for a vacation abroad.
March 16, 2025 at 12:26 AM
March 14, 2025 at 3:46 PM
Consumer sentiment sours amid trade war, recession fears: Survey
The Trump administration's tariffs last week set off a market slump.
March 14, 2025 at 3:46 PM
March 14, 2025 at 2:38 PM
Chances of recession amid Trump tariffs ‘have risen’: Analyst
Bankrate senior economic analyst Mark Hamrick explains the impact of President Donald Trump’s tariffs on the stock market.
March 14, 2025 at 2:38 PM
March 13, 2025 at 12:34 PM
Inflation up less than expected last month
Gasoline and airfare prices fell but egg prices continued to rise last month. ABC News’ Rebecca Jarvis has the latest on when consumers can expect to see more relief.
March 13, 2025 at 12:34 PM
March 13, 2025 at 1:39 AM
By The Numbers: Inflation, rent increases and egg prices, oh my!
Economists were pleased today by the latest inflation numbers, so why does it still feel like there’s a hole in your pocket?
March 13, 2025 at 1:39 AM
March 12, 2025 at 9:50 PM
How to keep your money safe amid a volatile market
ABC News business reporter Alexis Christoforous shares what you need to know about keeping your money safe amid a volatile market.
March 12, 2025 at 9:50 PM
March 12, 2025 at 8:25 PM
Europe, Canada retaliate as Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."
March 12, 2025 at 8:25 PM
March 12, 2025 at 8:25 PM
Egg prices soar as inflation cools in first full month of Trump term
Trump touted Tuesday's inflation report as "very good news."
March 12, 2025 at 8:25 PM
March 12, 2025 at 5:49 PM
Money-saving tips to help you prepare for a recession
Author and business coach Rachel Rodgers shares some survival tips you can follow to navigate a recession.
March 12, 2025 at 5:49 PM
March 12, 2025 at 1:51 PM
Inflation cools in first full month of Trump term
The inflation report arrived as markets slide and recession fears grow. ABC News’ Alexis Christoforous reports.
March 12, 2025 at 1:51 PM
March 11, 2025 at 9:46 PM
Speaker Johnson defends Trump amid stock market losses: 'It's a shakeup'
Speaker Mike Johnson was asked for his reaction as the stock market wobbles amid Trump's tariff upheaval.
March 11, 2025 at 9:46 PM
March 11, 2025 at 9:27 PM
March 11, 2025 at 9:01 PM
'We are in a period of economic transition': White House does not rule out recession
When asked if she can reassure Americans that there's not going to be a recession, White House press sec. Karoline Leavitt says losses in the stock market are a "snapshot of a moment in time."
March 11, 2025 at 9:01 PM
March 11, 2025 at 8:32 PM
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.
March 11, 2025 at 8:32 PM