KPIX CBS Weekend News June 4, 2024 01:46:00
Friday's closing bell marks the end of trading but not the end of the bear market. all three indices suffered their worst losses since 2008. workers' bonuses were slashed, and retirees saw their savings shrink. cryptocurrencies crashed after flirting with mainstream step stance. fraud charges followed. unemployment remains low at 3.7%. but the pandemic driven real estate boom is over. the federal reserve raised interest rates crushing demand as intended. the median price of a home this year, now more than $398,000, up nearly 10% from last year, and pump prices have finally declined after a wil...