It was a choppy trading day on Wall Street and what Fed Chair Jerome Powell said…didn’t help. It’s the business news headlines for Wednesday the 22nd day of June, thanks for being with us again today. And, a reminder that you can follow along with us all day on Twitter @IOB_NewsHour and on Instagram. Here is what we've got for you:
The markets couldn't hold it together and why;
A "Gas Tax Holiday" means what?
Kraft is changing the name of its Macaroni and Cheese;
Oil headed lower in price and why;
Amazon has what is being called a "diversity problem";
EV sales are booming yet automakers are cutting staff;
FedEx has a new way to prove your package was delivered;
The Wall Street Report;
Job offers made just weeks ago being...rescinded and why.
For the interview you'll hear from a young man headed to DePaul University but first a side trip as a summer intern at a major training company. Learn what Lucas Haviland hopes to gain from this experience and more. To listen, just click here.