Tag: economy
Railroad strike averted following hours of overnight negotiations
President Joe Biden praised union officials and rail companies on Thursday for reaching a tentative deal and preventing a strike that could have led to…
Federal Reserve set to raise interest rates again to fight inflation
As rising prices burden American consumers, the Federal Reserve has raised interest rates several times to combat inflation and balance out the economy. WATCH the…
Fed announces 0.75% interest hike rate
For the fifth time this year, the Federal Reserve instituted an interest rate hike on Wednesday amid ongoing inflation woes. WATCH the ABC News Live…
Fed raises interest rates for 5th time this year
The Federal Reserve raised a key interest rate by .75% for the third straight time as a way to fight rising inflation. WATCH FULL EPISODES…
Biden comments on new jobs report
New data released by the Bureau of Labor Statistics on Friday shows the economy added 315,000 jobs and the unemployment rate rose to 3.7%. WATCH…
Biden touts jobs report, says Americans are earning more
New data shows U.S. employers added 315,000 jobs in August, but unemployment ticked up. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC…
Still ‘longer road ahead’ for Jackson water systems: Mayor Chokwe Antar Lumumba | ABC News
ABC News” Martha Raddatz interviews Mayor Chokwe Antar Lumumba, mayor of Jackson, Mississippi, on “This Week.” #ABCNews #ThisWeek #Mississippi #ChokweAntarLumumba source
Will Biden’s student loan forgiveness plan make inflation worse?
One of the early reactions to President Joe Biden’s plan to forgive up to $20,000 in student loan debt has been that it will make…
Fed chair: Interest rate hikes will continue until inflation comes down
Jerome Powell says the labor market is strong but “out of balance” and the Federal Reserve is preparing for another interest rate hike to reduce…
How to reduce your student loan debt
There are several options for borrowers who don’t qualify for Biden’s student loan forgiveness plan. source
New report shows housing market stall out l GMA
ABC News’ Rebecca Jarvis reports on the latest from the National Association of Realtors with sales of existing homes down nearly 6% in July. #ABCNews…
Biden expected to announce new student loan plan
The president is expected on Wednesday to announce an executive order that would forgive $10,000 in student loan debt per borrower for millions of Americans….
How Biden’s student loan forgiveness plan could affect midterms, economy l ABCNL
ABC News’ MaryAlice Parks and Deirdre Bolton break down the impact from President Joe Biden’s plan to forgive student loan debt for millions of Americans….
House votes on final passage of Inflation Reduction Act
The House of Representatives is set to pass the Inflation Reduction Act Friday and ABC News’ Alexis Christoforous and Zohreen Shah break down what it…
GOP congressman: Inflation Reduction Act will make inflation worse l ABCNL
Rep. Pete Sessions, R-Texas, says the Democrats’ deal to pass the Inflation Reduction Act will do anything but – and harm businesses and consumers in…
Clyburn: Inflation Reduction Act ‘is just what we need’
House Majority Whip Jim Clyburn of South Carolina gives his take on the Inflation Reduction Act, expected to pass Friday – and the investigations into…
House set to pass Inflation Reduction Act, but all Democrats may not be on board
What President Joe Biden’s climate and health care legislation, also called the Inflation Reduction Act, means for American families. SUBSCRIBE to ABC News on YouTube:…
House of Representatives expected to pass climate and health care legislation l ABCNL
ABC News business reporter Alexis Christoforous and Zohreen Shah discuss the latest on the Inflation Reduction Act and what it means for the U.S. economy….
By the Numbers: The Inflation Reduction Act l ABCNL
A look at the numbers behind the Inflation Reduction Act as President Joe Biden signs the measure into law. ABC News Live Prime, Weekdays at…
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…
