Today, we're celebrating National NFT day. While the hype around non-fungible tokens has simmered down since the early days, there is still interest in the digital currency. Brady Dale, reporter at Axios, joined 'Stretching Your Dollar' to talk about the state of the NFT space as it experiences a two year lul in sales.
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.