US economy shrinks for 2nd straight quarter, raising recession fears
The U.S. economy shrank for a second straight quarter from April through June, contracting at a 0.9% annual pace. source
House Minority Leader Kevin McCarthy addresses GDP report
ABC News business reporter Alexis Christoforous talks recession fears and what yesterday’s interest rate hike means for consumers. #kevinmccarthy #gdp #report #economy #abcnews #abcnlupdate source
We shouldn’t be ‘talking ourselves into a recession’: Commerce secretary | ABC News
George Stephanopoulos interviews Commerce Secretary Gina Raimondo on “This Week.” #GinaRaimondo #SecretaryOfCommerce #ABCNews #ThisWeek source
What the worst inflation in decades means l ABCNL
ABC News’ Linsey Davis spoke with Alexis Christoforous about inflation prices and what the increase means for families in terms of housing, food and what they can do in the…
Inflation continues to rise in June report l ABCNL
ABC News business reporter Alexis Christoforous discusses the latest Consumer Price Index report and what it means for Americans amid growing fears of a recession. WATCH the ABC News Live…
What June’s spiking prices mean for the wider economy l ABCNL
Consumer prices rose at their fastest rate in more than 40 years in June and ABC News business reporter Alexis Christoforous breaks down the latest on the economy. WATCH the…
All eyes on Federal Reserve as interest rates expected to rise
Many families already feel the impact of inflation on a daily basis. WATCH the ABC News Livestream: https://bit.ly/3rzBHum SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP WATCH MORE on http://abcnews.go.com/ LIKE ABC News…
Americans headed for savings crisis?
A new survey finds 67% of Americans are dipping into their savings to help pay for rising living costs. ABC News’ Veronica Miracle has more on the possible response from…
‘We have taken concrete steps’ on tackling inflation: Rep. Steny Hoyer | ABCNL
ABC News’ Linsey Davis speaks with Democratic House Majority Leader Rep. Steny Hoyer about the battle against inflation, the Jan. 6 hearings, and efforts at gun legislation. ABC News Live…
Few options for US to reduce price of gas
Gas prices in the U.S. have surpassed $5 with the highest in California at $6.43 per gallon. source