Tag: economy

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Biden: Economy is on ‘right path’ | ABCNL

President Joe Biden on Thursday addressed fears of a recession after the GDP shrank for a second straight quarter and talked about the Senate’s compromise…

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GDP report released today

A new Commerce Department report could reveal whether the U.S. economy has slid into a recession. ABC News’ Mona Kosar Abdi has the new details….

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Start Here Podcast – July 28, 2022 | ABC News

#recession #russia #trump Economists prepare what will likely be a second straight quarter of a shrinking economy, even as more Americans find jobs. The State…

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New fears of recession after US economy shrinks for 2nd straight quarter | ABCNL

New data from the Commerce Department shows that the economy shrank from April to June, and what this means for Americans. WATCH the ABC News…

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US economy shrinks amid fears of recession

ABC News business reporter Alexis Christoforous and politics reporter Brittany Shepherd discuss the latest on the U.S. economy and fears that the nation is headed…

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ABC News Live: Death toll rises after historic flooding in Kentucky

Plus, growing fears of a recession as the U.S. economy shrinks, and Trevor Reed shares his perspective on what Brittney Griner and Paul Whelan are…

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Can Americans keep up with rising rents?

As the cost of living across the country continues to increase with inflation, many people such as Gerardo Vidal are left wondering if they can…

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Senior adviser to Biden says Inflation Reduction Act will reduce inflation l ABCNL

ABC News’ Deirdre Bolton speaks with Gene Sperling, senior adviser to President Joe Biden, to discuss the White House’s efforts to curb inflation. ABC News…

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Saudi Arabia shouldn’t have been ‘rewarded’ with Biden’s visit: Bernie Sanders | ABC News

Martha Raddatz interviews Sen. Bernie Sanders, I-Vt., on “This Week.” #ABCNews #ThisWeek #BernieSanders source

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We shouldn’t be ‘talking ourselves into a recession’: Commerce secretary | ABC News

George Stephanopoulos interviews Commerce Secretary Gina Raimondo on “This Week.” #GinaRaimondo #SecretaryOfCommerce #ABCNews #ThisWeek source

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What the worst inflation in decades means l ABCNL

ABC News’ Linsey Davis spoke with Alexis Christoforous about inflation prices and what the increase means for families in terms of housing, food and what…

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Inflation spikes 1.3 percent in June l ABCNL

U.S. inflation rose to a four-decade high in June due to rising prices in gas, food and rent, according to data by the Labor Department….

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Inflation hits a 40-year high in US l WNT

As U.S. policymakers walk a tightrope in an attempt to dial back sky-high prices while averting an economic recession, new inflation data showed a significant…

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How the White House is responding to spiking reflation | ABCNL

Cecilia Rouse, the chair of the White House Council of Economic Advisors, outlines the Biden administration’s plans to fight inflation, which hit another 40-year high…

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Inflation continues to rise in June report l ABCNL

ABC News business reporter Alexis Christoforous discusses the latest Consumer Price Index report and what it means for Americans amid growing fears of a recession….

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What June’s spiking prices mean for the wider economy l ABCNL

Consumer prices rose at their fastest rate in more than 40 years in June and ABC News business reporter Alexis Christoforous breaks down the latest…

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US economy records fastest price increase in over 40 years l GMA

A new inflation report released Wednesday showed prices in June soared 9.1% compared to a year ago, the largest 12-month increase since December 1981. READ…

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Inflation rises to 4-decade high

The price of nearly everything is going up, and in some cases faster than predicted. Experts now believe the Federal Reserve will take more aggressive…

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June retail sales beat expectations

ABC News’ Alexis Christoforous discusses retail sales as inflation soars to 9.1%, the highest level in nearly 41 years. WATCH the ABC News Live Stream…

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National gas prices begin to fall l GMA

Prices have been falling for 21 days, according to AAA, with the national average now at $4.77 a gallon. #ABCNews #GasPrices #Economy #oil source

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