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!
Nearly as fast as oil prices went up yesterday they headed back down today. But, all of that didn't much help Wall Street as investors wonder what's next when it comes to the Fed. Here for you today we're looking at these stories:
- Oil, Gas and Consumers;
- GM hits back at the UAW;
- She is paid $22 million and why;
- The strike and the local economy;
- Fed and Rates;
- Your job will be...mostly gone says Brian Solis.
Those stories and more along with Marketing for Business with Phil K. James of Good Milkshake Digital. We're talking about how to get your existing customers to buy more of what they want from you...and it works across nearly every vertical. Restaurants, grocery stores, hardware stores, coffee shops even lawyers. Here is that conversation.
Thanks for listening!
We can share with you that the Dow closed up today...the 8th day in a row. It's the business news headlines for Friday the 13th...I know..right?
- The markets opened higher and closed mixed;
- You, yes YOU, are responsible for the economy;
- Whole Foods is kicking about 1,900 off health care coverage;
- Mortgage rates are back in the news;
- Freddie and Fannie and our new love affair with them;
- Remember the "Foxfire Books" dust them off for the Millenials in your life.
Those stories PLUS we've got Jeff Pitts the managing editor for Cityview Magazine in to share with you "Stuff to DO in the Greater Des Moines Metro. That's right here!
Thanks for listening!
Among other things administration officials say there are no plans in the works to relax the trade war with China...oh and the deficit. Those stories and more today...
- Major business leaders tell the U.S. Senate to "Do something!";
- China and the U.S. sure we've got a story;
- The deficit and taxes...yep, that too;
- Meanwhile subprime lending is...back;
- The internet fells another retail giant;
- Health Care and Insurance now resulting in high inflation.
Those stories and more along with this conversation with J.D. Scholten who is running, again, for congress in Iowa's 4th Congressional District. We caught up with him at the opening of The Forge a tech center in Jefferson last week. It's a conversation that deals with the size of that district, his motor home and Kevin Costner...no, really. Listen to that here.
Thanks for coming by!
This is a bit late in getting out. We were, often, distracted by the images of eighteen years ago and 9/11 and our own memories of where we were at the time...never forget. In the business news headlines today:
- The Dow breaks above 27,000 thank you Apple;
- President Trump lobbies hard for a rate cut to zero;
- Purdue Pharma is said to be close to a settlement;
- UAW leaders to huddle in Detroit...will they strike GM?
- Victoria's Secret rethinking the the "super model";
- How about a Progressive Pizza Pie?
Those stories and we've got a rare extended interview. Today sitting down with Elizabeth Buck the President of The United Way of Central Iowa and Seth Johnson the program director for OpportUNITY and talking about poverty in Des Moines, Iowa. In a city that boasts a fantastic quality of life there are still large pockets of poverty and families dealing with housing, transportation, child care and wages. Here is Part One.
In Part Two of our conversation we start to look at ways to reduce the stress on working families and how the United Way of Central Iowa is working to that end. We also cover several bright spots including the high school graduation rate. Here is Part Two.
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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Early this morning the futures indicated the markets would open much higher and they did with the Dow rising well above 400 points and the markets stayed that way. In the business news headlines today:
- What happened on Wall Street & why;
- Just what you need...a Facebook dating service;
- Guns, Walmart & Stocks;
- Air Travel and the 737 Max;
- Why Apple is borrowing $7 billion;
- The MOST demanding job...ever?
Those stories and more along with our guest chef and author Terrie Kohl. Here she talks about why she loves being the personal chef for hundreds of people, what cooking means, the new trends and we'll also talk about her new book, "Bringing Friends & Family Back Around the Table". Terrie Kohl in our Small Business Spotlight and thank you to The Coffeesmiths of Waukee, Iowa for letting us set up our studio at their location. To hear our conversation click here.
It's the business news headlines for Wednesday the 4th of September and have we got the stories ramped up for you today...starting with Hong Kong:
- The Stock Market and Global Realities;
- The deficit narrows but our deficit with China grows;
- Purdue Pharma said to prepare for bankruptcy;
- Kicking over 3 million people off of food stamps;
- You and your boss...a love hate relationship?
Those stories and more along with a conversation with Ro Crosbie the founder and president of Tero International about retaining employees. Look, we get it that finding high quality people is tough but why take the chance of losing the good employees you have? Every manager or business owner should listen to these tips on employee retention. You can hear that conversation here.
Welcome to a new broadcast month...and it didn't turn out well for the markets. Also, as a public service on Thursday please know that The Big Band Bash to benefit Iowa Reading Information Services of IRIS will take place at the Val-Air Ballroom in West Des Moines. Tickets and information are right here! In the business news headlines:
- Ouch on the first trading day of September;
- When the President Tweets the markets go down;
- New Mega Mall to open - Good luck getting there;
- This big box says customers won't be paying for the tariffs;
- Tight on cash? Many companies are advancing "loans";
- Shampoo, conditioner and lotion bottles going away.
Those stories plus a conversation with Jo Kline about health literacy and her book, "The 60-Minute Guide to Health Literacy". What you know...or don't know about your health care or the care of your loved one can cause significant trouble in the recovery process. We break that down in this conversation. To hear this timely piece, 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
All signs pointed to a lower open on Wall Street and the Dow did sink early in the day but rebounded as energy stocks took over. That store and more like these wait for you a click away:
- The Inverted Yield Curve means...what?
- Retail isn't, they say, in major trouble;
- Hudson's Bay is selling Lord & Taylor;
- Facebook and Political Advertising;
- Great Britain to shutter Parlament. No, not kidding.
Those stories and more along with this TWO part conversation with Congresswoman Cindy Axne who represents Iowa's Third Congressional District. In Part One we talk about some of the accomplishments going on in Washington D.C. even as people say "nothing is happening". That and more in this first part.
In Part Two of our conversation with Congresswoman Cindy Axne we talk about jobs, agriculture and more about health care, education...older Iowans and caregiving. Here is Part Two.
