Marty Cantor, economic development consultant and CPA, joined Cheddar News to talk about the state of the labor market, particularly as numbers suggest it is cooling down. Cantor said people are holding on to their jobs rather than exploring the market because of lower wages and a smaller pool of options to go elsewhere.
Union workers at Mack Trucks went on strike Monday after voting down a tentative five-year contract agreement that negotiators had reached with the company.
Claudia Goldin, a Harvard University professor, was awarded the Nobel economics prize on Monday for research that helps explain why women around the world are less likely than men to work and to earn less money when they do.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we focus on MGM Resorts, Clorox, United Airlines, Google and HP.