Alexa Flash Briefings

Afternoon Alexa Flash Briefings of May 5th

Hello everyone. This is your daily news briefing from Cheddar News. The World Health Organization says COVID-19 no longer is a global emergency though the pandemic still has not come to an end. The agency did report recent spikes in cases in Southeast Asia and the Middle East. But the decision comes as the pandemic has been on a downward trend for more than a year now with most countries returning to a PRE COVID way of life that according to the director. Meanwhile, employers added 253,000 jobs in the month of April that despite indicators pointing to a job market, the unemployment rate fell 1/10 of a percent to 3.4%. With the labor force participation rate remaining steady at 62.6% as some of the largest gains were in private education, health services and leisure and hospitality. Finally, Warner Bros Discovery reported a big loss in the first quarter. Even though the US streaming sector reported $50 million in profits. The company's quarterly revenue was 10.7 billion and that was in line with estimates. And that's your chatter news update. I'm Baker Machado coming to you from Cheddar studios in Lower Manhattan.