It was a mixed bag on Wall Street today as the Dow came off session highs dragged down by McDonald's and Traveler's Insurance. We've got these stories for you today:
- Has Harley-Davidson turned the corner;
- Verizon and the "Streaming Wars";
- Car prices continue to climb;
- Housing prices going up...again;
- Shopping Malls and Housing...a return to the 1920's;
- Tough talk about...diapers.
Those stories and a visit from Connie Grinder in "A Mother's Tale of Mental Illness". I heard her speak last month at a NAMI-Iowa walk and asked her to share her story with you. You can listen in here.
Thanks for coming by!
Yesterday everybody was excited about earnings reports...today...not so much. We've got a full boat for you let's get started:
- Yesterday was a memory as retail sales numbers sank Wall Street;
- The United Auto Workers and General Motors...a settlement?
- Need new tires before winter? We've got a tip;
- Airlines are fretting over the return of the Boeing Max 737;
- The ghost of 2016 comes back to haunt Wells Fargo;
- Big meat is falling in love with...no meat.
Those stories plus my two-part interview with Des Moines mayoral candidate former Sen. Jack Hatch. In Part One we'll review who Jack is and why he is running. He'll talk about water, Des Moines, education and "forgotten neighborhoods". Here is Part One.
Then in Part Two we'll talk about something nobody seems to want to discuss and that is the crushing poverty just outside of downtown. He's got some ideas and we were eager to listen. Plus, and yes, we'll talk about potholes. Here is Part Two with Jack Hatch.
Thanks for listening!
Even with continuing headwinds Wall Street was able to pull off a win today. Welcome to the Business News Headlines for Thursday the 3rd of October. On tap today:
- The Jobs Report is due tomorrow morning and it's important;
- President Trump signs an executive order about Medicare;
- The housing sector seems to be booming;
- Young people are leaving glitzy cities for lower cost communities;
- Unions, Nurses and Wages it seems to be a trend;
- Tesla disappoints and its stock suffers.
Those stories and for the interview I'll visit with Natalie Veldhouse a research associate from the Iowa Policy Project about the little known reality that Iowa is such a low wage state, why it matters and what forces are at work to keep it that way. That stunning conversation is right here.
Thanks for listening!
Remember yesterday? You know when the talk of impeachment sent the markets down? Well, forget about it. Today the president said there would soon be a deal with China and guess what happened! That story and these:
- White Working-Class Americans...dwindle;
- Health Care Insurance - Unsustainable?
- You love convenience and how we know;
- New housing news;
- Jimmy John's gets eaten;
- Meatless Meat News;
- Juul in big trouble.
Those stories plus a conversation with two time Olympian and Gold Medalist Kerri Strug. We talk business, family, and of course the Olympics. You can hear our conversation right here.
Thanks for listening!
Today we're at the Central Iowa Business Conference being held in Des Moines and hosted by the Urbandale, Iowa Chamber of Commerce. In the business news today:
- Wall Street struggled all day ending mixed;
- The global economy...some issues;
- Truckers are...worried and why you should be too;
- Sales of existing homes shot up in August;
- Jeff Bezos gets aggressive on climate change;
- More worries for folks seeing to retire.
Those stories and a conversation about home sales, house building and mortgage rates with John Cannon from Wintrust Mortgage. He's got some thoughts about all of those things and we listened. Click here to...listen yourself.
Thanks for listening!
They said it was going to be a good day on Wall Street. Heck, record low unemployment, housing starts are up and the Fed was set to cut interest rates...what could go wrong? It's the business news headlines for Wednesday the 18th of September...thanks for being here. Today:
- A bunch of news about housing and mortgage rates;
- The Fed Rate Cut - What does it mean to you?
- President Trump is not happy;
- Pay your utility bills on time..think Equifax & credit;
- GM to cut workers...in Canada;
- Young workers demand new office rules.
Those stories plus a story about pets in Iowa. What is is about the Hawkeye State that tells us you don't care about dogs and cats...you know those pets? With me is Haley Anderson from the Iowa Pet Alliance and we'll talk about the sad reality of pets in Iowa. It's pretty shocking. Here is that report.
Thanks for listening!
Here I continue my conversation with Elizabeth Buck and Seth Johnson from the United Way of Central Iowa as we discuss some possible ways to ease the pain of Central Iowans caught in crippling poverty and having to deal with housing, education, transportation and child care. "If you had a magic wand, what would you do?" It's worth listening...
The award winning Insight on Business the News Hour with Michael Libbie is the only weekday, hour-long business podcast in the Midwest. The national, regional and local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on Google Play, PlayerFM, Podbean, iTunes, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday at 2pm on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour.
Our Sponsors
AARP-Iowa
National Tractor Parts Dealer Association
Oasis - A Paychex Company
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August goes down as the second worst month of the year for Wall Street but don't celebrate the end of the month too loudly. We'll tell you why coming up today. In other business news headlines:
- Hope and second thoughts drove the markets;
- The trucking industry and trouble ahead;
- U.S. cities where middle class families can't live;
- If rising costs bug you, wait until Sunday;
- Heard of "Right to Repair"? You will today with Admiral Joe Sestak;
- Baseball changes in the future.
Those stories plus we get on the lighter side of things with Jeff Pitts from Cityview Magazine. Stuff to DO in the Greater Des Moines Metro is right here!
Thanks for listening!
The markets turned positive on some surprising news out of China...yes, China. That store leads off our business news headlines for Thursday the 8th of August. Also:
- Think $46 million missing...ouch;
- There is a sales issue at Kraft-Heinz;
- Thinking Re-Finance? Might want to move on it;
- Shipping, it's all about shipping;
- Job losses are mounting and what is causing it.
Those stories and more today along with a conversation with the executive director of the world-wide Social Media Club, Caroline Jones. We'll chat about what the organization does, what it offers, how you can join and bring it back to local with the upcoming Hashie Awards. For all of that...just click here!
The award winning Insight on Business the News Hour with Michael Libbie is the only weekday, hour-long business podcast in the Midwest. The national, regional and local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on Google Play, PlayerFM, Podbean, iTunes, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday at 2pm on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour.
Our Sponsors
AARP-Iowa
National Tractor Parts Dealer Association
Oasis - A Paychex Company
Tero International
