National gas prices begin to fall l GMA

National gas prices begin to fall l GMA

Prices have been falling for 21 days, according to AAA, with the national average now at $4.77 a gallon. #ABCNews #GasPrices #Economy #oil

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High-stakes meeting on gas prices

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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Biden calls on Congress to suspend federal gas tax for 3 months l ABCNL

Biden calls on Congress to suspend federal gas tax for 3 months l ABCNL

As gas prices increase globally, the Biden administration is hoping to relieve consumers in the U.S. with a federal gas tax holiday. 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 http://abcnews.go.com/ LIKE…

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Biden pushes for federal gas tax holiday l GMA

Biden pushes for federal gas tax holiday l GMA

President Joe Biden is expected to call on Congress to suspend the gas tax for three months amid rising prices at the pump. READ MORE: https://abcn.ws/3HIMMlD #ABCNews #GasPrices #Biden #GasTax

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Treasury secretary speaks out about struggling economy

Treasury secretary speaks out about struggling economy

Janet Yellen said inflation is unacceptably high. WATCH FULL EPISODES OF WORLD NEWS TONIGHT: https://abc.com/shows/world-news-tonight WATCH WORLD NEWS TONIGHT ON HULU: https://bit.ly/3iQLwPp #worldnewstonight #abcnews #janetyellen #politics #inflation

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President Biden responds to rising inflation

President Biden responds to rising inflation

With inflation at a 40-year-high, the president insists he is doing everything in his power to bring prices down.

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Prices surge as inflation hits 40-year high

Prices surge as inflation hits 40-year high

The Consumer Price Index is up 8.6% in May compared to a year go, fueling a surge in prices for food and energy as a gallon of gas is averaging $4.98 nationwide.

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Inflation rate is highest in 40 years

Inflation rate is highest in 40 years

ABC News business reporter Alexis Christoforous reports on the new consumer price index data showing inflation is up 8.6% over the last year.

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