Insight On Business the News Hour

The Business News Headlines 6 October 2021

The Dow Jones Industrial Average had an interesting day. It made a 520 U-Turn. It was something to see and we'll share with you what the heck happened.  Here's what we've got:

  • McConnell, Stocks, Debt;
  • Job Numbers from ADP are out;
  • One premium car company is doing well;
  • First Walmart now Target: BNPL;
  • Ah, wait...who bankrolled One America News?
  • Denim is back says Levi;
  • The Wall Street Report;
  • A disturbing trend among...men.

Thanks for listening! 

The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon 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.

Business News & Bruce Tretter from Breitz! 7 September 2021

Feels like a Monday for many of us...right? Welcome to the business news headlines for Tuesday the 7th of September. Our host, Michael Libbie, has the day off so we're trying something a bit different. Rather than voicing the stories we're delivering the top business news in written form. Michael will be back tomorrow. And, make sure you listen in to our business interview featuring Bruce Tretter from Breitz active wear that let's you be seen.  Here's what we have for you:

The Housing Market - When the pandemic was in full swing more than 7 million homeowners were in a program of forbearance which allowed them to pause their mortgage payments. That number is now down to 1.7 million borrowers. Fortune in reporting that  The Biden-Harris administration has made it clear there are no plans for an extension which is set to lapse on 30 September.  Borrowers won’t all get removed at once, instead they’ll be phased out over a period of several months. We've reported in the past how the lack of homes for sale has impacted pricing. Should even one-half of borrowers decide to sell, rather than catch up on their payments that would mean hundreds of thousands of homes would be on the market and that could drop prices. Stay tuned.

Americans & Canada - Crossing data shows that travel to Canada by American businesses and tourists has dropped. The reason? Stiff restrictions for entry into Canada. Business Insider is reporting that Vaccinated American citizens looking to travel north need a negative COVID-19 PCR test taken no more than 72 hours from a flight's scheduled departure or arrival at a land border crossing. Travelers that have recently recovered from COVID-19 can show a positive test from between 14 and 180 days prior to entry.  And before arriving in Canada - whether by air, land, or sea - travelers must have completed an online form called "ArriveCan." Its requirements include providing an address in Canada at which visitors could quarantine should they test positive and providing the exact dates of a traveler's vaccination. So, yes, visits north have dropped.

But, It's Good for Business -  Mike Lindell the "My Pillow Guy" who is being sued by Dominion Voting Systems says telling lies about the 2020 election and that President Trump really won but Dominion switched votes is, wait for it, good for business. Salon is reporting that he said business is so good he has had to hire 200 more workers.  So, it's a jobs program?

Wall Street - The day after Labor Day was not a good day for the markets. The Dow tanked by 269 points to settle at 35,100 while the S&P 500 lost 15 points ending the trade at 4,520. The Nasdaq outperformed picking up 10 points (and change) to finish at 15,374 which is a new record close.  The weak jobs report and fears of rising COVID cases kept Wall Street in check.

Open Houses - They were once the prime way to get people into houses for sale...and nosey neighbors could also come by for a peek. But COVID has changed that age-old way of putting buyers and sellers together. Realtors are now turning to high-tech ways to show off homes from virtual tours  to live video tours where potential buyers can communicate directly with the realtor. 

$100,000 Sign On Bonuses - Not long ago we shared the story about some trucking firms giving out $50,000 sign on bonuses. That was so...yesterday. Market Watch is reporting that according to research firm Global Data Sign-on bonus have increased across all sectors by 454%, rising to 57,123 advertised positions in August 2021 from 10,312 in August 2020.  Data says the health-care field has the most expensive bonus offers. An advertisement for a “physician of neurology multiple sclerosis” and also for a “general dentist” last month both had a sign-on bonus of up to $100,000. 

Returning to the Office - How about next year? Uber is the latest company to push back office time.  The New York Times is reporting more firms are pushing their returns out as far as next September in efforts to keep employees safe and mitigate whiplash from anticipated return dates and further delays. But that’s not stopping everyone — Wall Street is still  "limping ahead  with plans to bring back more bank employees this week.

For the Interview - Here you'll meet entrepreneur Bruce Tretter who several years ago started "Gotta Eat, Can't Cook". It was all about simple ways to make food and he did it with books and video.  Fast forward several years and he has recently launched Breitz a company that produces high quality cycling and running gear.  He has married social distancing with colorful bright gear...pushing a "six foot" distance to keep runners and cyclists safe.  Here he visits with Michael at an event earlier in the week.  You should know that while Michael and Bruce have been friends for well over a decade this is a first time...face to face meeting.  Enjoy.

Thanks for reading and for listening! Michael will be back in studio tomorrow.  Have a great evening! 

 

 

 

 

 

 

 

 

Stuff to DO with Cityview and Jeff Pitts

Get ready...we've offered up the business news headlines and now it's time to have some fun already!! Jeff Pitts is the Managing Editor for Cityview Magazine and each week he comes in to share his list of cool stuff to do in the Greater Des Moines Metro. We also spend some time rambling on about other stuff.  Today taking on Parade Magazine, the celebrities we love and the ones we don't have any idea about (People Magazine). We've got music, sports, wine, arts, entertainment, swords and more. Hey...it's FRIDAY! 

Thanks for listening.

The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon 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.

The Business News Headlines 26 August 2021

Thanks for coming back.  Today much of the business news was muted due to the attack at the Kabul airport in Afghanistan that resulted in the death of 12 U.S. service personnel and dozens of Afghan civilians. It continues to be a developing story.  

  • Markets retreat ahead of the Fed meeting;
  • The Taliban tried to get nearly $10 billion but;
  • Tim Cook of Apple has a big payday;
  • They are disappearing from the store and we have a list;
  • There is a consumer change when it comes to clothing;
  • Also a change in home fitness equipment;
  • It is never a good idea to falsely inflate the numbers;
  • The Wall Street Report;
  • A slight uptick in new jobless claims;
  • It is, you know National Dog Day....

Thanks for listening! 

The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon 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.

The Business News Headlines 4 August 2021

Welcome to the Wednesday Edition of the business news headlines and we kick things off today with some job numbers...like the job numbers that didn't...happen. Let's go:

  • Job numbers disappoint big time;
  • Tyson Foods to workers, "Get vaccinated!";
  • That was an abrupt exit at Lockheed;
  • Airless...tires?  Yep;
  • GM, Recalls & Money;
  • Google fires 80 workers and why;
  • Mexico is suing over...guns;
  • Honeywell, Air Filters & COVID;
  • The Wall Street Report;
  • Target taking a page out of Walmart on this.

For the interview you'll meet Trisha Trixie who is not only an accomplished author and fashionista but also a former "Pin Up Girl" turned modern day hippie. But that's not all the story. She is on an amazing journey...and we invite you to learn more. To listen, click here.

Thanks for listening! 

The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon 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.

 

The Journey of Trisha Trixie

It's been a long time since I sat down with Trisha Trixie. She is making a trip through the Midwest connecting with friends and family as she faces the future. Trisha, always out going and always amazing visits with me about her career as a "Fashionista", a "Pin Up Girl" with a 1940's look, her work in Denver, how and why she became a modern day hippie, the author of the book, "Falling Into Fabulous - A Phoenix Rising" and the book she hopes to complete. Did I mention she is also dealing with end stage cancer? Join us for this amazing conversation. 

Thanks for listening! 

The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon 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.

The Business News Headlines 17 May 2021

Not to be a downer but...today is Federal Income Tax Filing Day. So, yes, there is that. There are also some interesting business news stories to share with you today so, let's go!

  • The Bill Gates persona is cracking;
  • What's with the chicken shortage;
  • The best company in the U.S. is;
  • The worst company in the U.S. is;
  • The tweet that crashed Bitcoin;
  • The streaming war gets hotter;
  • Mask mandates and major retail;
  • The Wall Street Report;
  • Retraining/Retaining vs. Hiring.

Thanks for listening! 

The Business News Headlines 8 April 2021

Welcome back and we're closing in on the Weekend. Thanks for coming by and a reminder that you can follow us all day, and night on Twitter @IOB_NewsHour.  Here's what we've got for you today:

  • The Fed stays "dovish" and the S&P roars;
  • The new jobless claims surprised everybody;
  • Southwest recalling employees for....
  • Embattled NRA chief says it was a memory issue;
  • Hey, chip makers, hurry up will ya;
  • Boomers and Blue Chips;
  • A new weed story for you from Canada;
  • Levi sales down but outlook up;
  • The Wall Street Report
  • Introvert/Extrovert?  How to find out!

Plus for the interview you'll meet Rob Perry who is in charge of sales and marketing for Reliable Aftermarket Parts a company based in Michigan. RAParts has seen monumental growth over the past several years and we break that down.  We're talking world-wide sales, technology and customer service.  To listen, click here.

Thanks for coming by! 

 

The Business News Headlines 30 March 2021

The next to the last day of March 2021 and thanks for coming by. Hey, if you want to follow us on Twitter we're @IOB_NewsHour so you can keep up with breaking news and the markets all day long.  Here's what we've got for you today:

  • The boat is afloat but shortages may be coming;
  • More time to make an IRA or HSA contribution;
  • The evection ban has some landlords...selling out;
  • Bitcoin and Burritos;
  • Game Stop and Amazon;
  • Virginia to expand rail service...it's a big deal;
  • The Wall Street Report;
  • Oh, and...Satan Shoes in the news.

Thanks for listening! 

The Business News Headlines 22 March 2021

Welcome back to yet another Monday as we take a look at some of the top business news stories of the day. Here's what we've got ready for you:

  • 7 Things you SHOULD NOT buy with your stimulus;
  • Tax software upgraded for unemployment benefits;
  • More stimulus payments on the way;
  • Mortgage rates continue to climb;
  • The Wall Street Report;
  • Wanna make $2,400? We'll share how.

Thanks for listening!

The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon 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.

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