Unemployment claims fall despite rising inflation, recession fears
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.
Read More »Federal Reserve preparing to issue more interest rate hikes
ABC News Washington correspondent Alex Presha discusses how the White House is addressing concerns the U.S. could be heading toward a recession.
Read More »Federal Reserve hikes interest rate by 0.75%
The rate hike of 0.75% marks the largest increase since 1994.
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