Wealth Consulting Group CEO on State of Economy Following March Jobs Report
Wealth Consulting Group CEO Jimmy Lee joined Cheddar News this week to discuss the state of the economy after the Labor Department's March jobs report. The update showed that hiring slowed last month but according to Lee, the economy is still strong. "The consumer is still spending," he said. "We're starting to see some of the effects of higher interest rates and its going to hit earning a little bit for stocks but I think that it's going to be until probably summer time when the consumer really gets tested."
Widespread flash flooding hit New York City on Friday and city residents were dealing with financial losses and molding in the aftermath. Cheddar News took a deep dive into what to do to when dealing with storm cleanup.
A federal agency has sued the restaurant chain Chipotle, accusing it of religious harassment and retaliation after a manager at a Kansas location forcibly removed an employee's hijab, a headscarf worn by some Muslim women.
In a statement Sunday, the Atlanta-based Fearless Fund said it would comply with the order but remained confident of prevailing in the lawsuit, which was brought by conservative activist Edward Blum’s American Alliance for Equal Rights.
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.
