Be Well: How Global Events Are Impacting the U.S. Economy
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about how global events continue to impact the U.S. economy. Cantor cited a range of topics, including Moscow's decision to halt the safe export of Ukrainian grain and rising oil prices as a result of Saudi Arabia scaling back on the number of daily barrels it puts into production.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.