May Jobs Report Shows Resilient Labor Market Despite Economic Headwinds
Keith Buchanan, senior portfolio manager at Globalt Investments, joined Cheddar News to assess the steady increase of stock prices amid the May jobs report. The Labor Department reported that job growth spiked last month, which points to a strengthening market even despite economic headwinds.
Vanguard's "How America Saves" report analyzes U.S. retirement trends, focusing on 401(k) plans, including automatic enrollment and contribution rates.
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.