Tag: economy
How recession could impact Americans’ mental health
Studies show that an economic downturn could disproportionately affect low-income people and minorities in the U.S. SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP WATCH MORE on http://abcnews.go.com/…
Stocks slip as consumer spending slows | ABCNL
ABC News business reporter Alexis Christoforous breaks down the latest economic indicators as Americans are spending less and markets continue their volatile streak. #stockmarket #economy…
Biden has ‘a series of steps to seek to lower gas prices’: White House adviser l ABCNL
ABC News’ Linsey Davis spoke with Council of Economic Advisers member Heather Boushey about President Joe Biden’s call on Congress to suspend the federal gasoline…
Biden on the economy: ‘Jobs are back, but prices are still too high’
President Joe Biden accused some Republican lawmakers of working to stop his plans to lower prices in the U.S. SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP WATCH…
Americans headed for savings crisis?
A new survey finds 67% of Americans are dipping into their savings to help pay for rising living costs. ABC News’ Veronica Miracle has more…
Mounting concerns about recession as Wall Street stumbles l GMA
ABC News’ Rebecca Jarvis reports on the latest concerns about the economy as stocks tumble and prices continue to rise. READ MORE: https://abcn.ws/3xr7Oke #ABCNews #WallStreet…
By the Numbers: The impact of rising interest rates | ABCNL
A look at how the Federal Reserve’s move to raise interest rates impacts consumers. ABC News Live Prime, Weekdays at 7EST & 9EST WATCH the…
Federal Reserve raises interest rates by 0.75%
The rate hike, which is the largest since 1994, is an effort to stave off inflation and slow the economy. SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP…
Fed raises interest rates by 0.75% in effort to curb inflation l GMA
The Federal Reserve announced its biggest interest hike in nearly three decades on Wednesday as fears of a recession continue to mount. READ MORE: https://abcn.ws/3MXAYwQ…
Federal Reserve hikes interest rates
ABC News business reporter Alexis Christoforous explains the biggest interest rate hike in nearly three decades and how it’s intended to fight inflation. WATCH the…
How higher interest rates will impact the housing market l ABC News
The average 30-year fixed mortgage rate has jumped from 4.45% to 6.03% since mid-March, according to Mortgage News Daily. #ABCNews #HousingMarket #HomeBuying #InterestRates #mortgage #inflation…
High inflation fuels volatile stock markets | ABCNL
ABC News correspondent Deirdre Bolton discusses the latest on the U.S. economy as the Federal Reserve raised interest rates at the fastest pace in nearly…
President Biden delivers remarks at Major Economies Forum on climate l ABCNL
ABC News White House correspondent MaryAlice Parks on the key takeaways from President Joe Biden’s remarks on energy and climate. WATCH the ABC News Live…
Stock market takes steep plunge after latest interest rate hike l GMA
Faced with historic inflation, the Federal Reserve has hiked interest rates to drive prices lower, but the move could slow spending and increase the chance…
Stock market records worst week since beginning of pandemic l ABCNL
Amid rising inflation and recession fears, the S&P 500 is now officially in a bear market after its worst week since March 2020. WATCH the…
Gas prices hit $5 national average after rapid rise
In California, drivers are paying an average of $6.40 per gallon. source
