the housing market, where home buyers are saying, nope, to sky-high mortgage rates. 30 year fixed rate topped out at 7% in the fall, more than double what it was a year ago. the tech sector faced a pullback is, well as amazon and meta laid off thousands of workers. i want to say, you know, up front, but i take full responsibility for this decision. the tech layoffs did not appear to have a major impact on a strong jobs market, where the unemployment rate touched a 50 year low of 3.5% in september. instead, the damage was done in the stock market, where the s&p 500 lost about a quarter of its value. tech stocks were among the biggest losers. is everyone with me? all right, let s do this. meanwhile, labor unions and warehouses and coffee shops across the country mounted challenges against americas largest companies demanding better pay, benefits, and working conditions. among other business headlines, a cascade of bankruptcies in the crypto space, a flurry of
jail, so people are saying, you know, or it s not surprising that he might plead not guilty and see what happens when he goes to trial. you know what can happen when there s a jury in place. he knows what would happen if he doesn t. but the business community is looking at what s going to happen in the crypto space. how is going to present itself as an example. what are regulators going to do to fry to shore up this to try to shore up this area of the financial trading space to make sure it doesn t happen again. and the fact that this has been going on for roughly six weeks and regulators have been not so responsive, the department of justice the as well took its time before they filed charges. so people want to see, you know, that they really go after him. of course, his two associates, caroline ellison and gary wang, they did plead guilty, and so that doesn t bode well for sbf but, you know, we ll see. carley: yeah. the fact that they pled guilty, you re absolutely right. they re p
among sharper slowdowns in the housing market, we re home buyers are saying no to sky-high mortgage rates. fixed rates topped out at 7% in the fall, more than double what it was a year ago. the tech sector faced a pullback as well as amazon at meta laid off thousands of workers. i want to say upfront that i take full responsibility for this decision. the tech layoffs didn t appear to have a major impact on a strong job market. the unemployment rate touched a 50 year low of 3.5% in september. instead, the damage was done in the stock market where the s&p 500 lost about a quarter of its value. tech stocks were among the biggest losers. is everyone with me? yeah. let s do this. meanwhile, labor unions at warehouses and coffee shops across the country amounted challenges against americas largest companies, demanding better way pay and working conditions. a cascade of bankruptcies in the crypto space, a flurry of