Tag: inflation
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…
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
Housing prices slip amid inflation, recession fears l ABCNL
The red-hot housing market might be cooling a bit and ABC News breaks down the latest indicators. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM…
What do higher interest rates mean for you? l ABC News
ABC News correspondent Alexis Christoforous explains the best money practices when it comes to inflation. #ABCNews #savings #interestrates #inflation #federalreserve #economy source
Gas prices are falling, but will they ever return to pre-inflation levels? l ABCNL
The pain at the pump is easing a little bit – but GasBuddy.com expert Patrick de Haan says that things might get worse again before…
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/…
‘We must start answering some questions’: Republican congressman on abortion | ABCNL
ABC News’ Linsey Davis spoke with Rep. John Curtis, R-Utah, about the Jan. 6 hearings, abortion and inflation. ABC News Live Prime, Weekdays at 7EST…
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 pushes for federal gas tax holiday l GMA
President Joe Biden is expected to call on Congress to suspend the gas tax for three months amid rising prices at the pump. READ MORE:…
2,000 fewer Americans applied for unemployment benefits last week: Report l ABCNL
ABC News business correspondent Deirdre Bolton on the latest jobs report as the U.S. labor market remains strong in the face of rising inflation and…
Biden again blames Putin for global gas price increase l ABCNL
President Joe Biden called for a federal gas tax holiday Wednesday and doubled down on claims that Russia’s invasion of Ukraine and price gouging are…
Unemployment claims fall despite rising inflation, recession fears l ABCNL
ABC News’ Deirdre Bolton breaks down first-time unemployment claims falling slightly last week, despite worsening fears about recession, spiraling inflation and pain at the pump….
All eyes on Federal Reserve as interest rates expected to rise
Many families already feel the impact of inflation on a daily basis. WATCH the ABC News Livestream: https://bit.ly/3rzBHum SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP WATCH MORE…
Biden addresses soaring inflation to union workers
President Joe Biden spoke to an audience of union workers in Philadelphia on Tuesday where he blamed Republicans for blocking a lot of his ideas…
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…
‘We have taken concrete steps’ on tackling inflation: Rep. Steny Hoyer | ABCNL
ABC News’ Linsey Davis speaks with Democratic House Majority Leader Rep. Steny Hoyer about the battle against inflation, the Jan. 6 hearings, and efforts at…
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…
Stock market continues to slide
The stock market continues to slide to the lowest point since December 2020, entering deeper into bear territory. WATCH FULL EPISODES OF WORLD NEWS TONIGHT:…
