Follow the latest Economy news, videos, and analysis from ABC News.
April 25, 2025 at 3:20 PM
Why Trump's call for the Fed to cut interest rates may not help consumers
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
April 25, 2025 at 3:20 PM
April 25, 2025 at 3:08 PM
How economic uncertainty is affecting summer travel plans
The Points Guy Brian Kelly is here with a summer travel alert as Southwest and American Airlines are out with warnings about economic uncertainty.
April 25, 2025 at 3:08 PM
April 24, 2025 at 3:11 PM
March home sales slowed in a lethargic opening to the spring buying season
Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers
April 24, 2025 at 3:11 PM
April 24, 2025 at 12:49 PM
US filings for jobless benefits inch up as labor market remains strong
U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn
April 24, 2025 at 12:49 PM
April 23, 2025 at 5:28 PM
Stocks rally as Trump signals thaw in trade war
U.S. stocks rallied on Wednesday, one day after President Donald Trump said tariffs on China would "come down substantially."
April 23, 2025 at 5:28 PM
April 23, 2025 at 12:52 PM
'Not going to be good': Student borrower repayments risk damage, experts say
Defaulted loans will be sent for collections next month, government says.
April 23, 2025 at 12:52 PM
April 22, 2025 at 2:23 PM
Stock markets dip after Trump attacks Fed chair
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.
April 22, 2025 at 2:23 PM
April 22, 2025 at 1:12 PM
Why gold prices are spiking as uncertainty looms over the economy
Gold topped $3,400 per ounce for the first time ever last week.
April 22, 2025 at 1:12 PM
April 22, 2025 at 11:21 AM
Dow closes down 970 points after Trump criticism of Powell rattles investors
Trump's remarks defied a longstanding norm of political independence at the Fed.
April 22, 2025 at 11:21 AM
April 20, 2025 at 4:33 PM
Jeffries: Trump's economic policy is 'his greatest weakness'
ABC News’ Jonathan Karl interviews House Minority Leader Rep. Hakeem Jeffries, D-N.Y., on “This Week.”
April 20, 2025 at 4:33 PM
April 20, 2025 at 3:48 PM
Jeffries: Trump's economic policy is 'his greatest weakness'
On "This Week," Hakeem Jeffries accused GOP leaders for ignoring the rising cost of living for many Americans.
April 20, 2025 at 3:48 PM
April 19, 2025 at 5:17 PM
Black communities across US take part in economic protests against big retailers
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.
April 19, 2025 at 5:17 PM
April 18, 2025 at 9:03 PM
Rick Steves reacts to PBS potentially facing federal cuts
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.
April 18, 2025 at 9:03 PM
April 18, 2025 at 7:23 PM
These companies said they will raise prices in response to Trump's tariffs
Economists widely expect importers to pass along some of the tax to consumers.
April 18, 2025 at 7:23 PM
April 18, 2025 at 1:55 PM
Trump criticizes Fed Chair Jerome Powell
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.
April 18, 2025 at 1:55 PM
April 17, 2025 at 4:53 PM
Trump says he's eager for Fed Chair Jerome Powell's 'termination'
The Fed is an independent government agency established by Congress.
April 17, 2025 at 4:53 PM
April 17, 2025 at 3:16 PM
Trump says he's eager for Fed Chair Jerome Powell's 'termination'
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.
April 17, 2025 at 3:16 PM
April 17, 2025 at 2:10 PM
Fed chair weighs in on how tariffs could impact economy
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.
April 17, 2025 at 2:10 PM
April 17, 2025 at 2:13 AM
Fed Chair Powell sounds alarm on tariffs, sending stocks lower
Trump's tariffs are "highly likely" to cause higher inflation, Powell said.
April 17, 2025 at 2:13 AM
April 16, 2025 at 7:28 PM
'Wild time': Wall Street strategists warn of uncertain outlook amid Trump's tariffs
Tariffs set off one of the most volatile trading periods in Wall Street history.
April 16, 2025 at 7:28 PM
April 16, 2025 at 3:19 PM
How a family of 5 makes ends meet amid rising costs
Sarah and Sean Stepleton have had to find ways to tighten their budget while raising three young kids.
April 16, 2025 at 3:19 PM
April 16, 2025 at 1:46 PM
Retail sales rise 1.4% in March as shoppers stock up on big ticket items
U.S. shoppers increased their shopping last month, fueled by a spending spree on foreign-made new big ticket items from gadgets to cars before President Donald Trump’s expansive new tariffs started kicking in
April 16, 2025 at 1:46 PM
April 15, 2025 at 2:07 PM
How tariffs on China impact small businesses
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.
April 15, 2025 at 2:07 PM
April 12, 2025 at 6:46 AM
Market volatility complicates work for lawmakers in Alaska
President Donald Trump's on-again, off-again tariffs and a related drop in oil prices have contributed to the uncertainty for Alaska lawmakers tasked each year with crafting a state budget based on volatile oil prices
April 12, 2025 at 6:46 AM
April 11, 2025 at 6:06 PM
WeightWatchers prepares for bankruptcy
WeightWatchers is reportedly preparing to file for bankruptcy after the health and wellness company was hurt by the rise of weight loss medications.
April 11, 2025 at 6:06 PM
April 11, 2025 at 4:55 PM
A bond selloff is worrying Wall Street. Here's why it matters for you.
A bond slump days earlier helped push Trump to delay some tariffs.
April 11, 2025 at 4:55 PM
April 11, 2025 at 4:38 PM
Consumer attitudes worsen amid Trump's tariff escalation: Survey
Trump's tariffs have triggered market turmoil and a trade war with China.
April 11, 2025 at 4:38 PM
April 11, 2025 at 4:16 PM
Rest of the world see's 'US as a risky place to invest': Economist
Numerator chief economist Leo Feler discusses the continued fallout from President Donald Trump’s tariffs.
April 11, 2025 at 4:16 PM
April 11, 2025 at 3:34 PM
Egg prices hit record high just before Easter
"GMA" shares tips to help you save as egg prices soar to unprecedented levels and leave shoppers scrambling.
April 11, 2025 at 3:34 PM
April 11, 2025 at 2:38 PM
US stocks open lower amid escalating US-China trade war
ABC News’ Rebecca Jarvis and Whit Johnson report on the latest news from Wall Street.
April 11, 2025 at 2:38 PM
April 11, 2025 at 1:25 PM
JPMorgan CEO warns of uncertainty over global trade; bank logs Q1 profits of $14.6B
JPMorgan’s net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but the bank warned of global economic uncertainties ahead due to President Donald Trump’s ongoing trade war and ot...
April 11, 2025 at 1:25 PM
April 11, 2025 at 1:06 PM
Wholesale inflation fell March as price pressures eased, but trade war clouds outlook
The Labor Department is reporting that its producer price index — which tracks inflation before it hits consumers — was fell 0.4% from February
April 11, 2025 at 1:06 PM
April 10, 2025 at 3:16 PM
Inflation numbers have ‘problem areas’: Analyst
Bankrate chief financial analyst Greg McBride discusses the data which arrives a day after President Donald Trump paused some tariffs and U.S. stocks rallied.
April 10, 2025 at 3:16 PM
April 10, 2025 at 2:16 PM
Inflation cooled in March, before Trump's tariff escalation
ABC News’ Alexis Christoforous reports on the fresh data which arrives a day after President Donald Trump paused some tariffs and U.S. stocks rallied.
April 10, 2025 at 2:16 PM
April 10, 2025 at 1:57 PM
Inflation cooled but egg prices soared in March, before Trump's tariff escalation
Inflation cooled in March, though price increases remain above the Fed's target rate of 2%.
April 10, 2025 at 1:57 PM
April 10, 2025 at 11:33 AM
How Trump's executive order on coal could impact energy use in the US
President Donald Trump's quest to conduct a resurgence of coal production and utilization in the U.S. is farfetched and unlikely, according to energy experts.
April 10, 2025 at 11:33 AM
April 9, 2025 at 8:15 PM
Kansas City aims to help workers impacted by federal government layoffs
Laid-off federal worker Eva Kamal was joined by Kansas City Mayor Quinton Lucas on ABC News Live to discuss the large number of federal layoffs affecting the Kansas City community.
April 9, 2025 at 8:15 PM
April 9, 2025 at 7:01 PM
'Still not clear' what Trump's long-term goal is: Economist
New York University’s Stern School of Business economics professor Joseph Foudy discusses President Donald Trump’s move to lower reciprocal tariffs for 90 days, except on China.
April 9, 2025 at 7:01 PM
April 9, 2025 at 5:20 PM
Uncertainty looms over US housing market in wake of Trump tariffs
Realtors, developers and home buyers in Raleigh, North Carolina, discuss the uncertainty in the housing market as tariffs take shape across the country.
April 9, 2025 at 5:20 PM
April 9, 2025 at 2:20 PM
Trump touts falling oil prices, borrowing costs. Experts say they're warning signs.
Oil prices and treasury yields plummeted recently as tariffs roiled markets.
April 9, 2025 at 2:20 PM
April 9, 2025 at 2:36 AM
By The Numbers: Billionaires lose big
You might be tempted to take out your tiniest violin, but billionaires have taken a beating just like other investors since President Donald Trump announced his “Liberation Day” tariffs last week.
April 9, 2025 at 2:36 AM
April 8, 2025 at 9:22 PM
Tax tips for parents: Maximizing savings by age and stage
Whether you're a new parent or have children in college, there are key tax breaks that can help boost your savings.
April 8, 2025 at 9:22 PM
April 8, 2025 at 8:53 PM
US stocks close lower, reversing earlier rally as tariff selloff continues
The market turbulence stretches back to Trump's tariff announcement last week.
April 8, 2025 at 8:53 PM
April 8, 2025 at 8:01 PM
'We're in a wait and see mode right now': Stew Leonard CEO on price increases
Stew Leonard Jr. joined ABC News Live to discuss the impact tariffs will have on grocery prices for consumers.
April 8, 2025 at 8:01 PM
April 8, 2025 at 6:29 PM
Warren Buffett bucking trend of billionaire losses amid economic uncertainty
Billionaire investor Warren Buffett is outperforming the market during the economic uncertainty following the Trump administration’s tariff proposal
April 8, 2025 at 6:29 PM
April 8, 2025 at 2:46 PM
Roller-coaster day on Wall Street from tariff fallout
The Dow Jones closed down more than 300 points on Monday following President Donald Trump’s warning that some tariffs could become permanent.
April 8, 2025 at 2:46 PM
April 8, 2025 at 2:16 PM
Trump tariffs will get US ‘very close’ to a recession: Economist
KPMG’s Diane Swonk says President Donald Trump needs to “demonstrably reduce tariffs” to avoid a recession.
April 8, 2025 at 2:16 PM
April 7, 2025 at 5:07 PM
Here are the worst days in the history of the US stock market
As the world reels from tariffs instituted by the Trump administration, stock markets are widely in decline.
April 7, 2025 at 5:07 PM
April 6, 2025 at 8:41 PM
Dow closes down 2,200 points, Nasdaq enters bear market amid tariff fallout
The major selloff extended losses touched off by Trump's sweeping new tariffs.
April 6, 2025 at 8:41 PM
April 6, 2025 at 7:54 PM
Experts urge caution as US consumers flood stores to beat tariffs
Economists say the tariffs are expected to increase prices for everyday items and many are now raising the likelihood that the economy will fall into a recession.
April 6, 2025 at 7:54 PM