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KPIX CBS Weekend News June 4, 2024 00:39:00

Lower than the $5 a gallon we were all paying just over a year ago. well, today the union representing thousands of movie and tv directors announced it has reached a new three-year contract with hollywood studios. now, the directors guild of america says the tentative deal includes improvements in wages and streaming residuals. at the same time, though, there s no agreement yet with the writers. that strike is now in its fifth week. today on face the nation, the head of bank of america predicted that the u.s. economy would experience a mild recession later this year in spite of a job market that remains red hot. cbs s mark strassmann has more on that. the bill is passed. reporter: turmoil averted by washington s treasured blueprint, governing by crisis. the great news for americans right now is that we avoided the catastrophe of hitting the debt ceiling. i think the troubling news is that we came that close. reporter: but like washington, the rest of us have bills to pay. ....

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CNN CNN This Morning June 4, 2024 10:52:00

Air travel is going to soar this year. people may trade down for the cut of meat at costco but they buy something expensive. but call it the discretionary recession. we re not in recession but people are careful for what they pay for. people that are fans, apple fans, people that want this experience, i think $3,000, i think they ll pay it. we shall see. we know the luxury brands are doing well. people will spend where they want. to we ll see. a lot more to learn later today. yeah. we ll be watching. we ll let you know tomorrow. the union represents film and tv directors. they have struck a deal tentative deal avoiding a second hollywood strike. this agreement comes as the writers though enter the sixth week of striking with no deal in sight. a group representing the studios says they agreed to increase pay and streaming residuals for directors. the deal also limits the use of ....

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