Outdoor dining sheds are still being built in major cities such as Philadelphia, Dallas, and New York more than three years after the start of the pandemic. This has left some wondering when, if ever, they'll be taken down. Cheddar News field reporter Ashely Mastronardi explores what's next for these pandemic-era relics and whether they have a post-pandemic future.
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.