Tag: economy

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US economy adds 528,000 jobs, reducing recession fears

The Labor Department reported a massive surge in hiring as the unemployment rate fell to 3.5%, a 50-year low, easing fears of a recession. WATCH…

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New numbers on inflation send signal for economy | ABC News

ABC News’ Rebecca Jarvis explains the drivers behind inflation and expectations for Americans’ wallets. #abcnews #inflation #economy source

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Inflation slows in July as gas prices drop

ABC News business reporter Alexis Christoforous discusses the latest consumer price index report that shows inflation is up 8.5% in the past year and what…

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New numbers could signal turning point for inflation | GMA

ABC News’ Trevor Ault and Rebecca Jarvis break down the good and bad from the latest inflation report and what could come next for the…

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Start Here Podcast – August 11, 2022 | ABC News

#inflation #trump #iran New price data show inflation slowing, raising hopes of economists. Former President Trump takes the Fifth. And the Department of Justice unseals…

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Wholesale prices, inflation data show improvement l ABCNL

ABC News business reporter Alexis Christoforous breaks down the latest inflation reports, which show wholesale prices dropped 0.5% and 262,000 people filed for unemployment claims….

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Weekly jobless claims report shows 262,00 people filed unemployment claims

Wholesale prices are up 9.8% over the last year as of July, and 262,000 people filed unemployment claims last week, an increase of 14,000 from…

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ABC News Live: Massive wildfire in France forces 10,000 people to flee their homes

Plus, former President Donald Trump takes the Fifth in the civil probe into his business, and new data shows inflation appears to be slowing. SUBSCRIBE…

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Inflation Reduction Act may cause a recession: Sen. Bill Cassidy | ABC News

Jonathan Karl interviews Sen. Bill Cassidy, R-La., on “This Week.” #ABCNews #ThisWeek #BillCassidy #Economy source

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Democrats’ economic package will ‘take us to a place of prosperity’: Manchin | ABC News

Jonathan Karl interviews Sen. Joe Manchin, D-W.Va., on “This Week.” #ABCNews #ThisWeek #JoeManchin #Economy source

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Inflation in the US: Past, present and future

ABC News correspondent Alexis Christoforous compares the current economic climate in the U.S. to periods in the past. source

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The impact of inflation on product prices

ABC News correspondent Alexis Christoforous takes a look at products that are being impacted by current inflation and some that are escaping the worst of…

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ABC News Live: July jobs report shows 528,000 jobs have been added to the U.S. economy

Plus, China announces sanctions against House Speaker Pelosi over her controversial trip to Taiwan, and Secretary of State Blinken discusses a possible prisoner swap after…

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President Biden to sign 2 bipartisan bills aimed at COVID-19 fraud

ABC News’ Zohreen Shah discusses the White House’s response to the strong jobs report as President Joe Biden says Democrats’ climate and tax bill will…

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US job report shows employers added 528,000 jobs in July

ABC News business reporter Alexis Christoforous discusses the latest jobs report as data shows U.S. employers added 528,000 jobs in July, more than double the…

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Federal Reserve expected to hike interest rates to fight inflation

ABC News business reporter Alexis Christoforous discusses the latest on the Federal Reserve possibly hiking interest rates as gas prices drop, and what it means…

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Federal Reserve set to hike interest rates another 0.75% | ABCNL

ABC News business reporter Alexis Christoforous discusses the latest on the U.S. economy as the Federal Reserve is expected to hike interest rates again and…

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US economy shrinks in 2nd quarter

A report from the Commerce Department is raising fears of recession as the economy has shrunk for two consecutive quarters as Americans face the highest…

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Fed hikes benchmark interest rate for 4th time this year l GMA

The Federal Reserve raised interest rates by another three-quarters of a percentage point to tamp down inflation. READ MORE: US economy shrinks for a 2nd…

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