Biden announces student loan forgiveness plan l GMA
The move forgives up to $10,000 for people earning less than $125,000 a year or $250,000 for a couple. It also forgives up to $20,000 for low-income borrowers who received…
Fed hikes benchmark interest rate for 4th time this year l GMA
The Federal Reserve raised interest rates by another three-quarters of a percentage point to tamp down inflation. READ MORE: US economy shrinks for a 2nd quarter, raising recession fear: https://abcn.ws/3cHWRUB…
US economy records fastest price increase in over 40 years l GMA
A new inflation report released Wednesday showed prices in June soared 9.1% compared to a year ago, the largest 12-month increase since December 1981. READ MORE: https://abcn.ws/3uNEdAJ #ABCNews #Inflation #CPI…
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 source
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 source
Gas prices rise despite strategic measures l GMA
Diesel prices have reached an all-time high of $5.54 per gallon, and economists expect prices to keep climbing. #ABCNews #GasPrices #DieselPrices source
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…
All eyes on new inflation report as prices rise l GMA
Rebecca Jarvis reports on the latest inflation data and what it signals about the health of the U.S. economy. READ MORE: https://abcn.ws/3yvcCqP #ABCNews #Inflation #CPI #USEconomy #InflationReport source
Layoffs fall to lowest levels in more than a year
A number of big companies hope to entice workers back to its industries by hiking wages and introducing other incentives, including signing bonuses and paid family leave. #ABCNew #HelpWanted #JobsReport…
Consumer prices for everyday items rise l GMA
Prices for common goods and services continued to rise in July due to supply shortages caused by the pandemic, with prices of meat, gasoline and dining out seeing the biggest…