Tag: recession

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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:…

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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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Author Will Bunch on changing the college system | ABCNL

ABC News’ Kayna Whitworth spoke with Will Bunch, author of “After the Ivory Tower Falls,” about the systemic issues in the American university system and…

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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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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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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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US gross domestic product shrinks 0.9% amid fears of recession | ABCNL

ABC News’ business reporter Alexis Christoforous breaks down the GDP report and what it means for Americans’ wallets. WATCH the ABC News Live Stream Here:…

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US economy shrinks for 2nd straight quarter, raising recession fears

The U.S. economy shrank for a second straight quarter from April through June, contracting at a 0.9% annual pace. source

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House Minority Leader Kevin McCarthy addresses GDP report

ABC News business reporter Alexis Christoforous talks recession fears and what yesterday’s interest rate hike means for consumers. #kevinmccarthy #gdp #report #economy #abcnews #abcnlupdate source

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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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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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Key inflation gauge surges as recession fears continue | ABCNL

An economic expert breaks down surging inflation as new data points to a possible recession. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to…

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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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Biden prepares for Middle East visit | GMA

President Joe Biden said he hopes to discuss oil production during his diplomatic trip to the Middle East. Subscribe to GMA’s YouTube page: https://bit.ly/2Zq0dU5 Visit…

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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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