Dollar General workers and labor advocates on Wednesday gathered outside the company's headquarters to voice concerns over safety and health protections. The protest comes ahead of the company's annual shareholder meeting. The Occupational Safety and Health Administration (OSHA) cited unsafe conditions at numerous dollar general stores in recent years, according to data from the Gun Violence Archive. Since 2014, there have been 49 reported deaths and 172 injuries at Dollar General stores.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.