(WASHINGTON) -- U.S. hiring slowed from its breakneck pace but remained robust in August, with the economy adding 315,000 jobs and the unemployment rate rising to 3.7%, according to data released by the Bureau of Labor Statistics on Friday. The report comes one week after... Read More.
(NEW YORK) -- Inflation data released on Wednesday revealed that price increases slowed in July, easing the strain on household budgets as the Federal Reserve fights inflation with a series of borrowing cost hikes. While still elevated, price hikes waned from the near-historic pace reached... Read More.
(NEW YORK) -- Inflation data released on Wednesday revealed that price increases slowed in July, easing the strain on household budgets as the Federal Reserve fights inflation with a series of borrowing cost hikes that in theory should slow down the economy, slash demand... Read More.
(WASHINGTON) -- President Joe Biden on Thursday pointed to robust job growth and low unemployment that should, he argued, quell growing concerns of a financial downturn after it was announced that the economy contracted for a second consecutive quarter -- meeting a common but... Read More.
(WASHINGTON) -- The U.S. saw a slight slowdown in job growth in May, as the economy added 390,000 jobs and the unemployment rate remained at 3.6%, according to data released by the Bureau of Labor Statistics on Friday. This a breaking news story. Please check... Read More.
(NEW YORK) -- The U.S. economy shrank in the first three months of 2022, after years of growth, according to a new report. Economists had expected consumer spending to accelerate in March, as rising wages prompted more American spending on services such as dining out... Read More.
(NEW YORK) -- While top U.S. health officials are urging some Americans to get yet another coronavirus booster shot, local health departments across the country are grappling with a growing dilemma -- how to address a declining demand for vaccines, while minimizing the waste... Read More.
(NEW YORK) -- With the highly infectious omicron COVID-19 variant spreading rapidly across the country and overwhelming the health care system, health officials have been pleading with Americans to get vaccinated and boosted. "The doctors and data have made crystal clear, vaccinations and boosters provide... Read More.
(LITTLE ROCK, Ark.) -- As COVID-19 vaccination rollouts continue and the U.S. returns to a semblance of normality, Arkansas officials are warning of a third surge following a spike in cases. Arkansas, which never issued an official stay-at-home order during the pandemic, reported 686 new... Read More.
(NEW DELHI) -- A cyclone pummeled India on Monday, the nation's deadliest day of the pandemic, as the country also surpassed a grave milestone: 25 million COVID-19 cases. India, now the global epicenter of the pandemic, is seeing this second wave of infection only worsen... Read More.
By JULIA JACOBO, ABC News(NEW YORK) -- Climate change is slowing the weakening of hurricanes after they make landfall from the North Atlantic, which could result in more destruction for areas further inland, according to a new study.Hurricane... Read More.