Pandemic having lasting impact on the US economy
The Labor Department reports 203,000 Americans filed jobless claims last week, up about 1,000 from the week before.
Read More »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 up 43.6% over the same period. LEARN MORE: Biden says US farmers can help in…
Read More »Rising prices spurs ‘gift economy’ in some communities l Nightline
In the United States, inflation has reached a 40 year high. The impact of rising prices has led some to grow the “gift economy,” which relies on exchanges from expensive items like furniture to food. WATCH NIGHTLINE EPISODES: https://abc.go.com/shows/nightline ALSO…
Read More »News Wrap: Sharp rise in inflation may have hit a peak, but remains near 40-year highs
In our news wrap Wednesday, the Labor Department’s April consumer price report shows a slight drop in inflation increases amid 40-year highs, Hong Kong police arrested a Catholic cardinal for endangering China’s national security, the Great Barrier Reef suffered its…
Read More »How the war in Ukraine is impacting inflation in the US
Is President Joe Biden right to blame Russia for inflation here in the U.S.? ABC News’ Alex Presha and Alexis Christoforous fact-check the president’s “Putin’s price hike” claims.
Read More »Why inflation slowed down in April
Inflation hit 8.3% in April, marking a slowdown after seven months of gains. ABC News’ Alex Presha and Alexis Christoforous break down what the increase means for the economy. #ABCNews #Economy #Inflation #April
Read More »ABC News Live: Biden says inflation is his ‘top domestic priority’ | ABCNL
Plus, Ukrainian President Volodymyr Zelenskyy thanks Speaker Nancy Pelosi and House lawmakers for approval of a new $40 billion aid package, and concerns grow over a potential summer COVID surge. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to…
Read More »Biden calls inflation the ‘No. 1 problem facing families today’
ABC News financial contributor Alexis Christoforous breaks down the latest inflation report as President Biden calls inflation his “top domestic priority.” #ABCNews #Biden #Inflation #Economy
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