Tag: economic
UN secretary-general addresses General Assembly
U.N. Secretary-General Antonio Guterres spoke about peace, climate change and economic injustices. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP…
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…
House Dems pass $370 billion Inflation Reduction Act
The bill is a cornerstone of President Joe Biden’s economic agenda. It is the largest investment in fighting climate change in U.S. history. It will…
Biden administration officials discourage House Speaker Pelosi from visiting Taiwan
ABC News Deputy Political Director Averi Harper discusses House Speaker Nancy Pelosi’s agenda on her Asian tour and Democratic economic package focused on climate and…
ABC News Live: Vladimir Putin boasts about powerful new weapons in war on Ukraine
Plus, crews are racing to battle the deadly McKinney Fire in California, and House Speaker Nancy Pelosi kicks off a high-stakes tour of Asia. SUBSCRIBE…
Sri Lanka in turmoil as president flees nation amid mass protests l ABCNL
ABC News’ Maggie Rulli reports on protesting that has occurred in Sri Lanka as frustration about their economic situation has caused tensions to boil over….
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….
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…
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…
Earthquake kills more than 1,000
A 6.1 magnitude earthquake struck in southeastern Afghanistan, killing at least 1,000 and injuring at least 1,500. The country has faced a severe food and…
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…
Operation Lone Star’s human and economic toll | ABCNL
ABC News’ Mireya Villareal reports on the debate over migrants arriving at the southern border and how Operation Lone Star in Texas is impacting a…
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…
Biden tours Samsung plant while on trip to South Korea
President Joe Biden tours a Samsung plant while advocating for economic security as the U.S. continues to fight global supply chain disruptions caused by the…
Biden to lay groundwork for new Indo-Pacific economic framework
President Biden is in Asia as the region continues to grapple with China’s rising influence. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to…
Fallout from latest inflation report as gas prices rise l GMA
ABC News’ Trevor Ault reports on the latest government inflation report, which shows prices are up 8.3% compared to a year ago, with gas prices…
All eyes on new inflation report as prices rise l GMA
Rebecca Jarvis reports on the latest inflation data and what it signals about the health of the U.S. economy. READ MORE: https://abcn.ws/3yvcCqP #ABCNews #Inflation #CPI…
Dow Jones drops more than 1,000 points after Federal interest rate hike l ABCNL
ABC News financial contributor Alexis Christoforous says the Federal Reserve raising interest rates will have an impact on many aspects of our economy, including auto…
Biden announces new $800 million security assistance package for Ukraine
The president announces an additional $500 million in direct economic assistance to Ukraine and a new program to help Ukrainian refugees enter the U.S. source
