Trade War Between US and China Causes Surge in Producer Prices
#trade_war #producer_prices #us #china
Rising producer prices in the US indicate the impact of the ongoing trade war with China and could have potential consequences for the economy.
## Overview ABC News is the news division of the American Broadcasting Company (ABC), one of the “Big Three” television networks in the United States and a flagship property of Disney Entertainment[5]. As a major broadcast and digital news organization, ABC News produces national and international news coverage for television, radio, and online platforms, reaching millions of viewers and listeners daily. Its programming includes flagship shows like “World News Tonight,” “Good Morning America,” “Nightline,” and “20/20,” as well as extensive digital offerings through ABC News Live, its 24/7 streaming service. ## History ABC News traces its origins to 1943, when the Federal Communications Commission (FCC) ordered the Radio Corporation of America (RCA) to divest one of its two radio networks to promote competition. The NBC Blue Network was sold to Edward J. Noble, rebranded as the American Broadcasting Company, and began operating independently[1][4][5]. ABC launched its television network in 1948, but for decades, its news division lagged behind CBS and NBC in both resources and ratings[1][3]. The network’s fortunes changed under the leadership of Leonard Goldenson, who acquired ABC in 1953 and forged strategic partnerships with Hollywood studios, integrating entertainment and news to broaden appeal[1][5]. ABC News began regular television broadcasts soon after the network’s launch, but it was not until the 1970s—with the rise of programs like “ABC Evening News” (later “World News Tonight”) and the hiring of high-profile anchors—that the division began to compete seriously with its rivals[3]. Over the years, ABC News has been at the forefront of adopting new technologies, from color broadcasting to digital streaming, and has expanded its reach through radio (ABC News Radio remains the largest commercial radio news organization in the U.S.) and innovative online platforms[3][5]. ## Key Achievements ABC News has broken major stories
#trade_war #producer_prices #us #china
Rising producer prices in the US indicate the impact of the ongoing trade war with China and could have potential consequences for the economy.
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