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.
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation.