On Tuesday, the Writer’s Guild of America (WGA) kicked off its first strike in 16 years. Now they are on the picket line, and Cheddar News' field reporter Ashley Mastronardi heard from several strikers who said streaming giants need to catch up with the times and offer higher wages and a bigger cut of residuals.
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.