Major League Baseball, the National Pasttime, was able to salvage something of a season in 2020 despite COVID-19, but the pandemic prevented most of the fans from attending live games. Now, in 2021, with encouraging vaccine numbers in the U.S., teams like the Boston Red Sox are welcoming back their fans to stadiums. Cheddar stopped by the oldest ballpark still in operation in the MLB, Fenway Park, to see how the return to some semblance of normalcy was going.
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.