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.
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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 on the possible response from the Federal Reserve tomorrow.
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Dow plummets as fears rise over inflation, bear market
Stocks were down sharply on Monday amid fears over inflation and Federal Reserve rate increases. ABC News financial reporter Alexis Christoforous has the latest on the economy.
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Energy secretary: Gas prices will be ‘rough… through the end of the year’ | ABCNL
ABC News’ Alex Presha travels to the Strategic Petroleum Reserve with the energy secretary, as the White House hopes releases of oil and a clean energy transition will help lower gas prices. ABC News Live Prime, Weekdays at 7EST &…
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Biden plots inflation fight
President Joe Biden said tackling inflation is his “top priority” at a rare meeting with the chairman of the Federal Reserve. ABC News’ Mona Kosar Abdi reports.
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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 loans and savings accounts. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC…
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Federal reserve announces largest rate hike in 22 years
Federal Reserve Chairman Jerome Powell announced that the interest rate will increase a half-point, which is the second hike of seven expected increases this year.
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Interest rates see the highest increase since 2000 l ABCNL
The Federal Reserve has raised interest rates and ABC News financial contributor Alexis Christoforous breaks down what that means for inflation and the economy. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on…
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