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.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.