The Business News Headlines 14 November 2024

Fed Chair Jerome Powell spoke in Dallas today and made it clear that the Central Bank would slowly and deliberately reduce the prime lending rate. But he is still concerned about inflationary pressures.  And, yes, we'll have that story to share with you. Meanwhile, if you want to reach out to us on social media you can hook up with us all day on Twitter or "X" @IOB_NewsHour and on Instagram. Facebook? Sure were there too.  Here's what we've got for you today:

• Fed Chair Jerome Powell will be...cautious;
• Markets sank a bit and why;
• Seems that wholesale inflation is back;
• A nursing home company to pay a hefty fine;
• Meanwhile, Smithfield Foods employed minors they too get a fine;
• Chipotle is facing a lawsuit. Think portion sizes and social media;
• Advance Auto Parts to close hundreds of stores and why;
• The Wall Street Report;
• Disney shared some Q3 numbers and they are....mixed.

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  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central 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...and on Threads @Insight_On_Business.

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