High-stakes meeting on gas prices
Energy Secretary Jennifer Granholm has suggested the president could invoke the Defense Production Act to boost gas supplies ahead of a Thursday meeting with oil executives in Washington.
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Fed raises interest rates by 0.75% in effort to curb inflation
The Federal Reserve announced its biggest interest hike in nearly three decades on Wednesday as fears of a recession continue to mount.
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WATCH LIVE: Federal Reserve Chair Powell gives news briefing following interest rate announcement
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Rate hike for Verizon
Verizon will increase its prices for consumer and business customers.
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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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