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.
For years, Geoffrey Holt was known as a mobile home park groundskeeper in a small New Hampshire town. Now, he's being remembered as a millionaire who gave his $3.8 million fortune to the community.
A Navy plane flying in rainy weather overshot a runway Monday at a military base in Hawaii and splashed into Kaneohe Bay, but all nine aboard were uninjured, authorities said.
Senior Hamas officials said Tuesday that an agreement could be reached soon in which the militant group would release hostages and Israel would free Palestinian prisoners.
The United Auto Workers union has overwhelmingly ratified a new contract with Ford and Stellantis, a pact that, along with similar deals with General Motors, will raise pay across the industry.
