Headlines: 5 June 2022
– Tesla boss Elon Musk backtracks on job cuts saying total headcount at electric vehicle maker will increase
– Initial unemplyment claims drop to 200,000, lowest since 1969, unemployment holds at 3.6%
– New York State gas tax holiday went into effect Wednesday and will end in December 2022
– US gas price jumps to record high on Sunday just shy of $4.85 per gallon on average
– Biden administration cancels $5.8 billion in student debt for former students of Corinthian Colleges Inc
– Online searches for baby formula soar as shortages continue, average out-of-stock rate nationwide over 73%
Helpful info & links
– California State Disability Insurance scheme: the lowdown
– Governor Newsom proposing $400 rebate for California car owners
– Pennsylvania governor wants to send residents $2,000 stimulus check
– North Carolina Democrats propose $200 gas tax rebate
– Which states in the US spend the the most on Medicaid?
– Things to consider before retiring
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