Here’s a look at today’s trending news:
Wall Street is back in the clutches of a bear market as concerns about inflation and higher interest rates overwhelm investors.
The Federal Reserve has signaled it will aggressively raise interest rates to try to control inflation, which is at its highest in decades. Add to that the war in Ukraine and a slowdown in China’s economy, and investors have been forced to reconsider what they are willing to pay for a wide range of stocks, from high-profile tech companies to traditional automakers. Big swings have become commonplace and Monday was no exception.
Here are some frequently asked questions about bear markets:
A lineup of Black artists and musicians will take the stage at the Hollywood Bowl on June 19 for an opening concert on June 16, which will be broadcast live on CNN.
Juneteenth: A Global Celebration for Freedom, produced by Black creators Shawn Gee of Live Nation Urban and Jesse Collins Entertainment, celebrates the 157th anniversary of Juneteenth and underscores the ongoing fight for equality in the Black community.
June 19 or June 19 commemorates the emancipation of enslaved people in the United States. Last year, President Joe Biden signed legislation designating it as a federal holiday.
Read more here:
Hearings on January 6th
The House committee investigating the Jan. 6, 2021 attack on the US Capitol detailed Monday how those around then-President Donald Trump told him he lost the 2020 election — but he refused to listen , and instead turned to his attorney, Rudy Giuliani, to accept false claims that the election was stolen.
Monday’s hearing was a witness behind what was planned, but the panel heard testimony from a former Fox News digital politics editor, a conservative attorney, a former US attorney and a former Republican election official — all of whom said it was clearly President Joe Biden won the election and Trump’s cheating allegations were nonsense.
Here are the key takeaways, according to CNN: