Business

(NEW YORK) — Key foreign stock markets continued their slide after opening on Friday morning, as the shockwaves of President Donald Trump’s “Liberation Day” tariffs continued to reverberate around the globe. Japan’s Nikkei index lost 3.5% on Friday, while the broader Japanese Topix index fell 4.45%. In South Korea, the KOSPI index was down 1.7%, […]

(NEW YORK) — The Kentucky bourbon industry said it is reeling from retaliatory actions taken by Canada and the European Union in response to President Donald Trump’s trade war against both global regions. More than 90% of the world’s bourbon is from Kentucky, which advocates say is now jeopardized. Last month, the EU announced it […]

(NEW YORK) — U.S. stocks suffered major losses on Thursday at close of the first trading session after President Donald Trump’s sweeping tariffs announcement. The Dow Jones Industrial Average plummeted 1,679 points, or nearly 4%, while the tech-heavy Nasdaq declined almost 6%. The S&P 500 tumbled 4.8%, marking its worst trading day since 2020. The […]

(NEW YORK) — U.S. stocks plunged in early trading on Thursday, just hours after President Donald Trump’s sweeping tariffs announcement touched off threats of countermeasures from foreign leaders. The Dow Jones Industrial Average plummeted 1,100 points, or 2.6%, while the tech-heavy Nasdaq declined 4.3%. The S&P 500 tumbled 3.3%, setting it on pace for its […]

(Karl Tapales/Getty Imag) (NEW YORK) — With the clock ticking on TikTok’s deadline to sell or face a ban in the U.S., the battle to buy the app has intensified. Amazon has now sent a letter to the Trump administration to join the bidding war for TikTok, sources told ABC News. President Donald Trump said […]

(NEW YORK) — Foreign stock markets tumbled on Thursday morning following President Donald Trump’s announcement of a raft of tariffs on America’s trade partners — including a minimum baseline tariff of 10% on all nations. American trading partners reacted to Trump’s tariffs announcement with condemnation and concern, warning that the measures could touch off a […]

(NEW YORK) — U.S. stocks stood essentially unchanged in trading on Wednesday hours before President Donald Trump’s expected announcement of sweeping tariffs, which the White House has dubbed “Liberation Day.” The Dow Jones Industrial Average ticked up 7points, or 0.02%, while the S&P 500 climbed 0.05%. The tech-heavy Nasdaq inched up 0.02%. Tesla, the electric […]

Artur Widak/NurPhoto via Getty Images (NEW YORK) — Deliveries of Elon Musk’s Tesla vehicles dropped about 13% compared to a year ago, according to a new release from the company. The decline comes amid criticism of Musk and increased competition. On Wednesday, Tesla reported it produced over 362,000 vehicles and delivered over 336,000 in the first quarter […]

Michael M. Santiago/Getty Images (NEW YORK) — Stock markets struggled into Wednesday morning as it became clear that President Donald Trump intended to announce a slew of tariffs on America’s trading partners, with the White House preparing to mark what it is calling “Liberation Day.” The S&P 500 and NASDAQ both posted their first quarterly […]

(NEW YORK) — Canada vowed to respond with retaliatory tariffs if President Donald Trump slaps additional levies on Canadian goods as part of an expected announcement of sweeping new tariffs on Wednesday. “We will respond to additional measures,” Canadian Prime Minister Mark Carney told reporters on Tuesday. “We will put in place retaliatory measures if […]