About 15 million cable subscribers have lost access to Disney-owned networks like ESPN. Cheddar News senior reporter Michelle Castillo breaks down how an increase in carriage fees lead to a stalemate between Disney and Charter cable brands.
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.
