A jobs report on Friday showed a major slowdown of hiring in recent months.

Stocks tumbled on Friday in response to the sweeping new levies.

President Trump issued an executive order Thursday, slapping tariffs on many of America's trading partners, but the new duties are set to go into effect in seven days -- not Friday as was anticipated.

Hiring slowed in July as President Trump’s tariffs pinched the balance sheets of some major companies and reshaped the nation’s trade relationships. The reading fell short of economists' expectations.

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell

The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods

The Federal Reserve is the central bank of the United States.

A flurry of recent major economic news provides a barometer of the U.S. economy as President Donald Trump’s tariffs steer the nation toward a trade policy untested in recent history.

From ABC News Studios, “Mr. & Mrs. Murder” begins streaming Wednesday, July 30, only on Hulu.

The Fed has taken a wait-and-see approach amid Trump's tariffs.

The Fed has taken a wait-and-see approach amid Trump's tariff

Major data releases and a key policy decision set to show where economy stands.

Bankrate chief financial analyst Greg McBride discusses the Fed's wait-and-see approach to interest rates amid Trump's tariffs.

The digital price tags have some people worried that prices could go up right before your eyes in stores and supermarkets.

The U.S. economy has largely defied fears of a tariff-induced downturn.

Some supermarkets are using digital price tags that change prices multiple times a day, fueling fears of surge pricing. Companies say the technology reduces labor costs.

Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool

A new analysis suggests President Donald Trump's tariffs could increase factory costs by 2% to 4.5%

Trump has struck several accords as he races toward an Aug. 1 deadline.

Vice President JD Vance is hitting his home state to continue promoting the GOP’s sweeping tax-and-border bill

A Bankrate study shows back-to-school shoppers say inflation is affecting how they shop.

The average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home prices

The chocolate company hasn’t revealed how much the price hikes will be but say they are due to a surge in cocoa costs amid supply problems.

We're less than one year from the 2026 FIFA World Cup, which will be co-hosted by the U.S. ABC News' Perry Russom reports on the potential economic impact of the event.

Kyle Matison, CEO of Matison International, discusses the impact of the Trump administration’s tariffs on his import-export company based in Seattle.

Sales in North America plummeted by 25% in the second quarter, Stellantis said.

Sales in North America plummeted by 25% in the second quarter, Stellantis said.

People insured through the Affordable Care Act marketplace are likely to see their insurance premiums increase in 2026, according to a new analysis from KFF, a research group.

The U.S. economy has largely defied economists' fears of a tariff-induced slowdown.

"So he's doing a lousy job," Trump said. "But no, I'm not talking about that. Fortunately, we get to make a change in the next one to eight months or so, and, we'll pick somebody that's good."

New numbers on inflation show an increase in June of 2.7% from a year ago which raises questions about the potential impact of Trump's tariffs on the cost of living.

Consumer prices rose 2.7% in June compared to a year ago, marking a notable surge of price increases as President Donald Trump's tariff policy took hold.

KPMG chief economist Diane Swonk breaks down the new June inflation report and dives into why prices increased even after President Donald Trump declared “inflation is dead.”

A fresh report on Tuesday marked two consecutive months of rising inflation.

A fresh report on Tuesday marked two consecutive months of rising inflation. ABC News' Alexis Christoforous reports.

Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co., the maker of classic American cereals, according to a press release issued Thursday.

The State Department is laying off 1,107 civil service employees and 246 foreign service officers with domestic assignments, according to internal department communication reviewed by ABC News.

The Trump administration has moved forward to cut federal workforce as critics warn the cuts will jeopardize national security.

Trump issued a flurry of tariffs on dozens of countries in recent days.

Inflation is hovering near its lowest level since 2021.

On “This Week,” ABC News’ Senior White House Correspondent Selina Wang reports on the economic impact of the new tax and spending bill.

The CBO says it would add $3.4 trillion to the deficit over the next decade.

A weaker dollar will impact everyday purchases and travel abroad, analysts said.

A weaker dollar will impact everyday purchases and travel abroad, analysts said.

Chefs, food equality advocates and nonprofit leaders rally against Trump's megabill that would slash SNAP funding for the nation's most vulnerable.

Waffle House announced it will no longer have a 50 cent per egg surcharge after establishing the fee during the bird flu shortage in February.

President Trump has repeatedly urged Fed Chair Jerome Powell to slash interest rates.

During Monday’s briefing, press secretary Karoline Leavitt held up the note to reporters, which appeared to have been written by President Donald Trump using his signature black Sharpie.

Bankrate senior economic analyst Mark Hamrick explains why a “cooler” job market doesn’t mean the U.S. economy is “stalling out.”

As Trump’s ‘Big Beautiful Bill’ moves forward, Brendan Duke, senior director for federal budget policy at the Center on Budget and Policy Priorities, breaks down who benefits and who loses out.