Stock market records worst week since beginning of pandemic l ABCNL
Amid rising inflation and recession fears, the S&P 500 is now officially in a bear market after its worst week since March 2020. WATCH the ABC News Live Stream Here:…
New COVID-19 hotspots emerge as US reports rise in cases
ABC News Medical Contributor Dr. Alok Patel discusses the uptick in COVID-19 hospitalizations and cases as the CDC reports infections are up 22% nationwide from last week. WATCH the ABC…
Interest rates see the highest increase since 2000 l ABCNL
The Federal Reserve has raised interest rates and ABC News financial contributor Alexis Christoforous breaks down what that means for inflation and the economy. WATCH the ABC News Live Stream…
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…
COVID-19 cases and hospitalizations increasing across the United States I ABCNL
Dr. Alok Patel, a physician at Stanford Children’s Health, has the latest on rising cases in the U.S. and a new report shows a dip in vaccinations for kindergarteners. WATCH…
Infection rates have grown by almost 33% nationwide in the past week
ABC News medical contributor Dr. Alok Patel talks mask mandate confusion as infection rates rise and explains when we could start seeing vaccines for kids under 5 years old. WATCH…
By the Numbers: Top income earners and their taxes l ABCNL
A ProPublica report details the 400 top earners from 2013 to 2018 based on new IRS data, and how many of them paid lower tax rates despite their ultra-wealthy status.…
What can the government do to stop or slow inflation?
Experts say the main driver of high inflation is consumer demand outweighing the available supply. source
Federal Reserve announces 1st interest rate hike since 2018
In an effort to curb rising inflation, the Federal Reserve is increasing interest rates and has signaled it will do so again six more times this year. WATCH the ABC…
Federal Reserve increases benchmark interest rate l WNT
The Federal Reserve is hiking the interest rate by a quarter-point, which is the first increase since 2018, in an effort to slow the overheated economy. WATCH THE FULL EPISODE…