Be Well: What the May Jobs Report Says About U.S. Economy
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about the May jobs report. He said that despite numerous jobs being created, the economy is still slow growing because "the jobs we're creating are really filling the jobs that are retired so its being a superheated economy." Cantor noted that 3.5 million people have retired since the start of the pandemic.
The weakened storm could still cause “continued life-threatening and locally catastrophic flooding” was expected over portions of the southwestern U.S., following record-breaking rainfall, according to the National Hurricane Center in Miami.
Laura Ann Carleton, 66, was pronounced dead at the scene of the shooting Friday night. Authorities say an armed suspect was later located and killed after a confrontation with deputies.
Nearly two weeks after wildfires devastated the town of Lahaina, Hawaii, crews have searched about 60% of the scorched areas but scores of people remain missing.
University athletic departments and collegiate sports conferences are paying millions of dollars for bet-tracking services to make sure that student-athletes, coaches and staff aren't gambling in violation of school and NCAA rules and state laws.
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
