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Inflation slows significantly as prices rise 8.5% in July behind decrease in gas prices

Wednesday, August 10 by ABC News

(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.

July inflation data to show latest on sky-high prices

Wednesday, August 10 by ABC News

(NEW YORK) -- Inflation data set for release Wednesday will show whether sky-high price increases accelerated or waned in July.The new data arrives as costs strain household budgets, and the Federal Reserve tries to dial back inflation with a series of interest rate hikes... Read More.

White House takes credit for decline in gas prices

Tuesday, August 9 by ABC News

(WASHINGTON) -- The White House credits the drop in gas prices to President Joe Biden’s million-barrels-a-day strategic oil reserve release and his engagement with oil companies.They say this strategy helped bring gas prices down below $4 a gallon in many parts of the... Read More.

Old Navy commits to not to raise its prices on denim amid rising inflation

Friday, July 29 by ABC News

(NEW YORK) -- With rising inflation leaving Americans with sticker shock across the board, families may be growing nervous as the back-to-school season nears.To assuage hesitant shoppers, Old Navy has pledged to put a price lock on all of its denim.The retail giant originally... Read More.

Airline ticket prices expected to drop as fall approaches

Wednesday, July 27 by ABC News

(NEW YORK) -- Travelers reeling from a summer of hectic travel -- with busy airports, scores of cancellations and soaring airline fees -- might see some relief in the coming months, as fall approaches.Travel experts expect flight prices to drop as the summer months... Read More.

Bruce Springsteen Fans Furious Over Ticket Prices

Monday, July 25 by Pulse of Radio

Bruce Springsteen die-hards are besides themselves with the way the new Ticketmaster ticket pricing has left more fans deciding where to pay their rent or catch the E Street Band. The Asbury Park Press reported that with several of the initial onsales happening last... Read More.

Gas prices dip below $4.50 for 1st time since May

Tuesday, July 19 by ABC News

(NEW YORK) -- The national average price for a gallon of gas fell below $4.50 on Tuesday for the first time since the middle of May, according to AAA data. The price crossed the milestone amid a sustained fall in gas prices over the... Read More.

Biden ‘hoping’ inflation cools as gas prices fall daily for more than a month

Monday, July 18 by ABC News

(WASHINGTON) -- The White House on Monday tried to counter bad news on soaring inflation by highlighting that a key driver of rising prices -- the cost of gasoline -- has been going down steadily for more than a month.The average American driver is... Read More.

Biden says falling gas prices show his ‘program is working’

Friday, July 8 by ABC News

(WASHINGTON) -- President Joe Biden on Friday touted falling gas prices, robust new jobs numbers and a low unemployment rate to make the case that his economic program and fight to bring inflation down is "working.""The unemployment rate is near a historic low of... Read More.

Diesel prices could lead us into the next recession, experts say

Thursday, June 23 by ABC News

(NEW YORK) -- While many Americans have noticed sky-high gasoline prices, the lesser-known increase in diesel costs could be what drives the U.S. economy into a recession, experts told ABC News.Oil prices, which on Wednesday afternoon stood at $105 per barrel, are likely to... Read More.

Why lowering gas prices isn’t that simple

Thursday, June 16 by ABC News

(NEW YORK) -- The pain at the pump is getting worse and has motorists asking, is there any relief in sight?The average nationwide price of a gallon of gas surpassed an all-time high of $5 last week, according to GasBuddy. In California, the state... Read More.

Biden sends letter to oil refiners blasting high profits amid record gas prices

Wednesday, June 15 by ABC News

(WASHINGTON) -- President Joe Biden on Wednesday sent a letter to seven major oil refiners blasting them for record profits amid the war in Ukraine as Americans pay record prices at the gas pump.In the letter, he informs them he has ordered Secretary of... Read More.

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Stories tagged with: prices

Inflation slows significantly as prices rise 8.5% in July behind decrease in gas prices

July inflation data to show latest on sky-high prices

White House takes credit for decline in gas prices

Old Navy commits to not to raise its prices on denim amid rising inflation

Airline ticket prices expected to drop as fall approaches

Bruce Springsteen Fans Furious Over Ticket Prices

Gas prices dip below $4.50 for 1st time since May

Biden ‘hoping’ inflation cools as gas prices fall daily for more than a month

Biden says falling gas prices show his ‘program is working’

Diesel prices could lead us into the next recession, experts say

Why lowering gas prices isn’t that simple

Biden sends letter to oil refiners blasting high profits amid record gas prices

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