Automakers head north to test new cars. This year is proving more difficult Sunday, March 2 by ABC News VolvoWhen Swedish automaker Volvo opened its proving ground in Kiruna, Sweden, 30 years ago, the mission was clear: "Making... Read More.
Economists say Trump tariff threats, DOGE job cuts are chilling the economy Thursday, February 27 by ABC News (WASHINGTON) -- Economists say the uncertainty from President Donald Trump’s tariff threats and mass layoffs of government workers are... Read More.
Consumer confidence falters, signaling worry about economy under Trump Tuesday, February 25 by ABC News (NEW YORK) -- Consumer confidence plummeted in February, indicating worry about the direction of the U.S. economy under President Read More.
Americans credit card debt reaches new record high: New York Federal Reserve Thursday, February 13 by ABC News (NEW YORK) -- Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at Read More.
Tesla shares have plunged while Musk takes on Washington. Is that the reason? Thursday, February 13 by ABC News (NEW YORK) -- While Elon Musk has vaulted into a powerful role overhauling government agencies and upending Washington, the... Read More.
Inflation increased in January, posing obstacle for Trump tariff plans Wednesday, February 12 by ABC News (NEW YORK) -- Consumer prices rose 3% in January compared to a year ago, ticking up from the previous... Read More.
Ex-employees say Tom Krause, tapped by Musk to overhaul Treasury, was a hatchet man Tuesday, February 11 by ABC News (NEW YORK) -- An Elon Musk ally hired to overhaul the U.S. Department of Treasury has a lengthy record... Read More.
Quiksilver, Billabong and Volcom stores are closing in the US in 2025 Saturday, February 8 by ABC News (NEW YORK) -- Quiksilver, Billabong, and Volcom, known for their surf and skate products, are closing stores in the... Read More.
Trumps tariffs could increase home prices and mortgage rates, some experts say Wednesday, February 5 by ABC News (WASHINGTON) -- Housing prices are soaring twice as fast as overall inflation. The average rate on a 30-year mortgage... Read More.
Trumps tariffs threaten job losses, experts say. These may be the hardest hit Tuesday, February 4 by ABC News (WASHINGTON) -- Autoworkers, farmers and alcohol distillers are among a set of U.S. workers who risk losing their jobs... Read More.