WATCH LIVE: Federal Reserve Chair Powell gives news briefing following interest rate announcement
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Read More »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 to lower prices for Americans.
Read More »News Wrap: FDA advisory panel recommends Moderna’s vaccine for children ages 6 to 17
In our news wrap Tuesday, an FDA advisory panel voted to recommend that the CDC approve Moderna’s vaccine for kids 6 to 17 years old, the Labor Department says wholesale prices were up 10.8 percent from a year ago, the…
Read More »Mounting concerns about recession as Wall Street stumbles l GMA
ABC News’ Rebecca Jarvis reports on the latest concerns about the economy as stocks tumble and prices continue to rise. READ MORE: https://abcn.ws/3xr7Oke #ABCNews #WallStreet #Recession #BearMarket #Economy #StockMarket
Read More »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.
Read More »Markets plunge amid fears of sharply higher interest rates
Wall Street has gone into meltdown mode over inflation fears and the possibility that higher interest rates are imminent. The Dow Jones Industrial Average, NASDAQ and the S&P 500 all fell significantly. It is now officially a bear market, down…
Read More »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.
Read More »US gas prices top $5 per gallon
ABC News’ Eva Pilgrim reports on the skyrocketing price of gas across the country.
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