Business News

Jon Colbeth took over as president of Rolls-Royce Motor Cars NA this year.

The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget

A judge in Michigan has approved a deal to try to solve a major buzzkill

Stocks rose on Wall Street following a better-than-expected report on the U.S. job market

Air quality regulators in Southern California are debating proposed rules that would curb harmful emissions from gas-powered furnaces and water heaters

Senior U.S. administration officials will meet with a Chinese delegation on Monday in London for the next round of trade negotiations between Washington and Beijing, President Donald Trump said Friday

The Bush family’s nonprofit Points of Light will lead an effort to double the number of people who volunteer with U.S. charitable organizations from 75 million annually to 150 million in 10 years

President Trump wrote on Truth Social Thursday: "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts."

Tesla stock plunged as acrimony erupted, but shares have recovered some losses.

Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels

President Donald Trump and billionaire Elon Musk are showing no signs of reconciling on Friday, but Republicans are increasingly urging them to settle their dispute

Home decor’s got a split personality this year

The job market has proven resilient as firms warn of uncertainty tied to tariffs. ABC News’ Alexis Christoforous reports.

The Pentagon watchdog is looking into whether any of Defense Secretary Pete Hegseth’s staffers was asked to delete Signal messages that may have shared sensitive military information with a reporter

Elon Musk’s Starlink has received a key license in India for launching its satellite internet services in the country

The Trump administration's Environmental Protection Agency is taking aim at dozens of rules aimed at protecting the environment, including one that requires big polluters to report greenhouse gas emissions

The job market proved resilient as firms warn of uncertainty tied to tariffs.

Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth

German Chancellor Friedrich Merz says he found President Donald Trump open to discussion and is convinced that Washington remains committed to the NATO alliance

Advances of AI chatbots like ChatGPT heighten concern, experts say.

A Japanese court has ruled former executives at the utility managing the tsunami-wrecked Fukushima Daiichi nuclear power plant were not accountable for the 2011 meltdown crisis and do not need to pay damages to the company

A federal judge late Thursday temporarily blocked a proclamation by President Donald Trump that banned foreign students from entering the U.S. to attend Harvard University

Judge puts temporary hold on Trump's ban on US entry for incoming foreign students at Harvard

Insiders have speculated about a potential falling-out between Donald Trump and Elon Musk for months

President Donald Trump’s pick to be U.S. surgeon general has said the nation’s medical and food systems are corrupted by special interests and people out to make a profit at the expense of Americans’ health

The school graduation season is the busiest time of year for the Walmart workers who hand-decorate cakes per customers’ orders

Asian shares are mostly higher ahead of an update Friday about the U.S. job market that will offer insights into how the economy is faring

The legal aid group Lambda Legal has raised $285 million at a time when attacks on the rights of gay, intersex and transgender people have again intensified

Last Friday, President Donald Trump heaped praise on Elon Musk as the tech billionaire prepared to leave his unorthodox White House job

Members of Congress and a federal judge are questioning the Trump administration’s plan to shut down Job Corps centers nationwide

Spirits maker Brown-Forman is reporting weaker sales as it confronts challenging market conditions amid trade conflicts and pinched consumer spending

The U.S. declined to label China a currency manipulator in a new Treasury report, but accuses Beijing of standing out among America’s major trading partners for lacking transparency

The National Transportation Safety Board found a fuel leak and several improperly installed parts inside the engine of an American Airlines plane that caught fire after the plane landed in Denver in March

A salvage team is expected to arrive early next week at the scene of a cargo ship that was carrying about 3,000 vehicles to Mexico when it caught fire in waters off Alaska’s Aleutian island chain

Massive AI investment could reshape North Carolina's tech landscape.

Three decades ago, foreign students at Harvard University accounted for just 11% of the total student body

WhyHunger is celebrating 50 years of fighting to eradicate hunger at its root

A three-judge appeals panel rejected Apple’s request to pause an April 30 order banning the company from charging a fee on in-app iPhone transactions processed outside its once-exclusive payment system in a two-page decision issued late Thursday

President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud

Average US rate on a 30-year mortgage ticks down to 6.85%, the first decline in a month

More than 240,000 people filed for unemployment last week, according to the Bureau of Labor Statistics. ABC News’ Alexis Christoforous reports.

Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic

When the head of the Environmental Protection Agency earlier this year announced a massive rollback of environmental regulations, he said it would spark a “Golden Age” for the American economy

Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy

The fresh data arrives days after a major swath of tariffs entered legal limbo.

Procter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce, over the next two years as the maker of Tide detergent and Pampers diapers wrestles with tariff-related costs and customers who have grown anxious about the economy

Lower inflation and concern that U.S. President Donald Trump’s trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday’s policy meeting, a step that would lower borrowing costs for ...

Asian shares are trading mixed, as Wall Street’s big recent rally lost some momentum following a pair of potentially discouraging reports on the American economy

A look at the numbers behind the gremlin-resembling soft plushies, called Labubus, that are the latest craze dominating collectors’ shelves worldwide.

Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conv...