Here's some big news, in at least a dozen U.S. cities wages in June jumped up by 150 bucks a week and we'll share where. It’s the business news headlines for Wednesday the 3rd day of August…thanks, everybody, for being with us again today. Also, a 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:
In one city wages are up by 40% a week;
Wall Street got back to business today;
Interest rate pressure on mortgage loans;
The data says fewer people are going to Walmart;
Meanwhile, Walmart announced job cuts;
Equifax and bad credit reports;
Tyson Foods thumbing their nose at a subpoena;
The Wall Street Report;
Nervous CEO's cutting swag to dinners to office space.
For the interview you'll meet entrepreneur Pat Russell who, along with his son Trey, have a ever growing agricultural parts business, Russell's Tractor Parts in Scottsboro, Alabama. It's a great story of change and partnership and to listen just click here.