All eyes on Wall Street after stocks suffer worst week since 2020 l GMA
ABC News’ Rebecca Jarvis reports the latest on the economy, gas prices and a possible recession. #ABCNews #WallStreet #Recession #Economy #StockMarket
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Inflation rises faster than expected, pinching pocketbooks and spooking the markets
New inflation numbers out Friday show the nation’s economic pain has not peaked, and is still getting worse. The U.S. Labor Department reports consumer prices rose 8.6 percent in May from a year ago, marking the biggest increase in more…
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National gas average creeps towards $5 per gallon l ABC News
ABC News’ Matt Gutman reports from Los Angeles, California, with the latest on the skyrocketing pain at the pump. READ MORE: https://abcn.ws/3tuTaHj #ABCNews #gasprices #inflation #economy #losangeles
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Americans struggle with the high cost of living amid record inflation
It’s clear that the realities many Americans face are vastly different from some of the economic indicators on paper. The burden of record-high inflation has continued to push the limits for people across the country. We hear from people who…
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Stock market has worst day since 2020 l GMA
The Dow fell more than 1,100 points on Wednesday due to worrying signs of faltering economic growth and fears of a recession. #ABCNews #StockMarket #Recession #Economy #DowJones
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News Wrap: Jan. 6 panel subpoenas Kevin McCarthy and four other Republicans
In our news wrap Thursday, the Jan. 6 committee in Congress subpoenaed House Minority Leader Kevin McCarthy and four other Republicans, North Korea acknowledged its first COVID outbreak, Palestinians mourn journalist Shireen Abu Akleh who was shot dead during an…
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Fallout from latest inflation report as gas prices rise l GMA
ABC News’ Trevor Ault reports on the latest government inflation report, which shows prices are up 8.3% compared to a year ago, with gas prices up 43.6% over the same period. LEARN MORE: Biden says US farmers can help in…
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News Wrap: Sharp rise in inflation may have hit a peak, but remains near 40-year highs
In our news wrap Wednesday, the Labor Department’s April consumer price report shows a slight drop in inflation increases amid 40-year highs, Hong Kong police arrested a Catholic cardinal for endangering China’s national security, the Great Barrier Reef suffered its…
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