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.
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Donald Trump’s former lawyer and fixer Michael Cohen is expected to testify Monday before a Manhattan grand jury investigating hush money payments he arranged and made on the former president’s behalf.
A nor'easter headed for the northeast and Great Lakes is likely to bring rain for many, but as cold air enters the mix, there could be an accumulation of snow.
The Treasury Department, Federal Reserve, and Federal Deposit Insurance Corporation said all depositors at the failed Silicon Valley Bank could access all their money quickly, even as another major bank was shut down.
A woman who called 911 from one of the boats said there were 15 people on the capsized vessel and eight on hers, but other bodies have not been found.
The Treasury Secretary, who emphasized that the situation was much different from the financial crisis almost 15 years ago, said the government would help depositors who are concerned about their money.
Chinese leader Xi Jinping was awarded a third five-year term as the nation's president Friday, putting him on track to stay in power for life.
A new atmospheric river brought heavy rain, thunderstorms and strong winds to California on Friday, raising the threat of flooding and disrupting travel.
Cheddar News' Shannon LaNier is on the scene at the the New York Botanical Gardens Annual Orchid Show, where hundreds of varieties of the distinctive flower are on display.
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