Tag: prices

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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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All eyes on Biden’s historic flight to Saudi Arabia from Israel | GMA

President Joe Biden will make a historic flight directly from Tel Aviv to Jeddah as he continues his trip around the Middle East.President Joe Biden…

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The best times to head home after your July 4 celebrations | ABCNL

When’s the best time to head home after the fireworks and cookouts this Independence Day? Clint Henderson, managing editor of The Points Guy, breaks down…

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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…

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US adds 372,000 jobs in June l ABCNL

ABC News business reporter Alexis Christoforous talks about the Labor Department’s latest jobs report, as gas prices fall slightly to a national average of $4.72….

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By the Numbers: Gas prices on the decline

A look at the recent decline in gas prices ahead of the July Fourth holiday weekend, and changes in how the world is consuming energy….

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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…

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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…

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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….

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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…

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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…

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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…

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‘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…

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Few options for US to reduce price of gas

Gas prices in the U.S. have surpassed $5 with the highest in California at $6.43 per gallon. source

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Treasury secretary speaks out about struggling economy

Janet Yellen said inflation is unacceptably high. WATCH FULL EPISODES OF WORLD NEWS TONIGHT: https://abc.com/shows/world-news-tonight WATCH WORLD NEWS TONIGHT ON HULU: https://bit.ly/3iQLwPp #worldnewstonight #abcnews #janetyellen…

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Summer travel season kicks into high gear

Many have described nightmare experiences such as crowded airports with thousands of flights being delayed or canceled. WATCH FULL EPISODES OF WORLD NEWS TONIGHT: https://abc.com/shows/world-news-tonight…

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National gas prices near $5 a gallon l GMA

ABC News’ Kaylee Hartung reports from Los Angeles as the national average for a gallon of regular gasoline continue to climb. #ABCNews #gasprices #recession #economy…

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Americans react to soaring gas prices

The national average reached $5 per gallon overnight for the first time ever. WATCH THE FULL EPISODE OF ‘WORLD NEWS TONIGHT’: https://bit.ly/3uHCDO5 WATCH OTHER FULL…

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Biden tries to put inflation blame on Putin, Russia | ABCNL

In remarks Friday, President Joe Biden tried to pin falling stocks and rising prices on Russian President Vladimir Putin and his war in Ukraine. But…

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