What to Know as Hollywood Writers Strike Continues
With Hollywood's writers on strike against the Alliance of Motion Picture and Television Producers continuing, the reality that some of our favorite programing could be in limbo is beginning to set it in for many. Cheddar News senior reporter talked to Kaitlin Fontana, WGAE councilmember and strike captain, about why the rift between the two sides triggered the strike.
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.
