Welcome to a brand new month and the Business News Headlines for Thursday the first day of June. This week we're coming to you from Henderson, Nevada where we're covering a business group known as the Used Parts Network...more about that in just a bit. Also, remember that you can hook up with us all day on Twitter @IOB_NewsHour and on Instagram. Here's what we've got for you today:
Two big retailers are alarmed about the economy;
The confusing state of the job market;
Mortgage rates climb once again;
Why is Florida home insurance four times the average?