Be Well: Assessing the State of the Economy With Marty Cantor
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about the state of the economy as the latest economic data revealed that inflation slowed in May. Cantor said despite the cooling period, inflation continues to be a thorn in the side of the U.S. economy.
A majority of Americans support higher pay for auto workers who are on strike against Detroit's Big Three carmakers, although approval of the workers' other demands is more mixed, according to a poll from The Associated Press-NORC Center for Public Affairs Research.
The ongoing United Auto Workers strike expanded Thursday in a major blow to Ford as the union ordered 8700 workers to walk off the job at the automaker giant's largest plant.
A retired bank official testified that former president Donald Trump obtained hundreds of millions of dollars in loans based on financial statements that have since been deemed fraudulent.