Be Well: What the Federal Reserve's Rate Hike Pause Means for Economy
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about what the Federal Reserve's decision to pause rate hikes after 10 consecutive increases means for the economy. "I definitely believe there's going to be rate hikes. My thinking is it will probably go up in July," he said.
Shares of U.K. chip designer Arm Holdings rose 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years.
UAW president Shawn Fain said the union would strike at a small number of Ford, General Motors and Stellantis factories, but that if the Big Three "continue to give us insulting offers, then our strike is going to continue to grow."
Hundreds of Milwaukee bar patrons who hoped to score free drinks through its offer to pay their tabs whenever the New York Jets, and former Green Bay Packers quarterback Aaron Rodgers, lose had to pay up after the Jets got an overtime win despite an injury that took Rodgers out of the game.
