Insight on Business

The Business News Headlines 1 August 2024

So much to share with you today and we kick things off with a report on what happened on Wall Street as we watched the major indexes fall off a cliff and why. Plus some news out of Washington, D.C. and a business tax break that failed in the U.S. Senate. 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:

• The Big News of the day came from Wall Street;
• The Bank of England isn't waiting to reduce interest rates;
• The 30-year fixed mortgage went down last week;
• The U.S. Senate failed to pass the child tax credit;
• As well as tax breaks for businesses...we'll break it down;
• A massive prisoner swap between the U.S. and Russia;
• An Alabama woman pleads guilty to stealing nearly $2 million;
• The Wall Street Report;
• Now consumers are weighing in on what a "value meal" really is;
• But, if times are tough why are more upscale restaurants doing...well?

Thanks for being here!

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.

The Business News Headlines 16 July 2024

Our area of the Greater Des Moines Metro has been busy cleaning up after a tornado touched down in the City of Urbandale and Windsor Heights.  There also was damage in downtown Des Moines as the twister made it's way across the metro. The second big storm to hit this area in less than a month. Welcome to the Business News Headlines and we've got some great stories for you.  Also, 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:

• The big story today is that of retail sales;
• The numbers surprised many economists;
• Walmart wants you to think "Back to School" shopping;
• And brushing off an old brand at the same time;
• Buying ammo from a vending machine? Yep;
• The U.S. is imposing sanctions over timeshare fraud in Mexico;
• The Wall Street Report;
• The big hit on car dealers from the cyber attack is massive.

Thanks for being here!

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.

The Business News Headlines 20 June 2024

Not sure if you noticed or not but today is the Summer Solstice meaning it is the shortest night and the longest day of the year.  And, get this, it is the longest day in the past 228 years. Impressive! Welcome to the Business News Headlines for Thursday the 20th of June and we've got plenty to cover. 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:

• Foreign investments and the Supreme Court;
• Limiting social media use for children is real;
• Some inflation news out of the U.K.;
• No more "plastic pillows";
• You know that gas powered leaf blower...
• New unemployment numbers are out;
• The Wall Street Report;
• Some hot sneaker news wraps us up.

Thanks for being here!

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.

The Business News Headlines 18 June 2024

A quick reminder that tomorrow (June 19) is Juneteenth in the U.S. which means federal offices, the postal service, banks and Wall Street will be closed. In addition many businesses and communities in the U.S. have adopted tomorrow as a holiday. Us? We're off tomorrow as well but we'll be posting interviews that will run throughout the day. 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:

• The issue of medical debt and credit reports kicks us off;
• The headline is a bit misleading. Talking about May retail sales;
• Some major union news to share with you;
• Manufacturing in the U.S. surged another interesting bit of data;
• The Wall Street Report;
• And, Apple take a "pause" and why.

Thanks for being here!

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.

The Business News Headlines 17 June 2024

Welcome to the Monday Edition of the Business News Headlines! We kick things off today with a big story from the Internal Revenue Service. The IRS is about to crack down on what they call a "shell game" used by wealthy individuals and businesses to avoid paying taxes. The crack down will result in raising $50 billion over the next ten years. That story and more and 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:

• The new IRS target and why it's happening;
• A railroad owes nearly $400 million to a Washington State tribe;
• Juneteenth is upon us. What it is, what is open and what is closed;
• The Wall Street Report;
• Looks like Wells Fargo guessed...wrong.

Thanks for being here!

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.

The Business News Headlines 11 June 2024

This will be a big week for several reasons. The Consumer Price Index (CPI) is due out tomorrow morning and the Fed will be concluding its two day meeting.  Should the CPI come in at what is expected might the Fed hint at a rate cut sooner than later?  Stay tuned we're sure that Jerome Powell will have some interesting things to say.  Thanks for being with us and  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:

• Yes, gas prices are falling nationwide and why;
• The Consumer Price Index and what we might learn tomorrow;
• The World Bank is bullish on the U.S. economy;
• Over 15,000 Amazon drivers have filed suit...think wages;
• Comcast stock continues to drop and why;
• The Wall Street Report;
• Yet another price increase over at Spotify.

Thanks for being here!

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.

The Business News Headlines 10 June 2024

Hello Monday and welcome to the business news headlines for this the 10th day of June.  Grateful you're with us. Lots of the news today centered on inflation, the Central Bank and rate cuts.  Also, make sure you click through and listen to the conversation we had with Cy Hilty the creator of Call Notes. It can be a game changer when it comes to recording business phone calls that need your attention.  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:

• A muted day on Wall Street and why;
• Big Banks are softening their rate cut expectations;
• The Biden Team is reaching out to businesses and saying...
• A take-over brewing at Southwest Airlines and why;
• Apple takes the wraps off its AI product;
• Some thoughts about rate cuts from us;
• The Wall Street Report;
• Weather and prices of coca, wine and olive oil.

For the interview you'll meet Cy Hilty who has developed a program that will boost your customer service. It's time to ditch that scrap of paper that has phone numbers and messages and move into Call Notes.  While designed for the parts industry we think it has a life in other areas. Never miss another phoned in sale.  To listen to that conversation click our player below.

Thanks for being here!

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.

The Business News Headlines 16 May 2024

Just yesterday we predicted that today would be big for Walmart.  And, it was. That story kicks things off today as the nation's largest retailer had two great things going for it. 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:

• Walmart and its big beautiful day;
• Aldi is lowered prices on 250 items;
• Consumers get a win at the Supreme Court;
• A stunning AP report on prison labor;
• McDonald's and a new $5 menu and why;
• Some new pot news for you;
• The Wall Street Report;
• And, some good housing news...maybe.

Thanks for being here!

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.

The Business News Headlines and History 2 May 2024

Welcome to Thursday and the Business News Headlines for this the 2nd day of May. One other thing before we get into the newscast: Some time ago I sat down with author, community connector and podcaster Ben McDougal. You may know him from 1,000 Cups Des Moines. Anyway here is that conversation we had about the beginnings of Insight on Business and some fun conversation about what it takes to be creative every day the title is Consistency Counts. Meanwhile, 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:

• Jobless Claims and the U.S. Job Market;
• Black taxpayers get audited more often and why;
• Microsoft and Malaysia made the news;
• Peloton is axing 400 workers and its CEO;
• Mortgage rates climbed yet again;
• The Wall Street Report;
• A zinger! Google paid Apple big money for...

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.

Business Headlines and Fixing a Broken Housing System

It's the final day of April and the worst month for Wall Street since last September. Welcome to the Tuesday Edition of the Business News Headlines for this the 30th of April.  We kick things off with that story and follow several others before we get to a conversation about housing with author Jenny Schuetz and her book, Fixer Upper: How to Repair America's Broken Housing Systems. We are grateful to the Polk County Housing Trust Fund for making Jenny, a Senior Fellow at the Brookings Institution available for this conversation.   Meanwhile, 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:

• Wages climb and the Fed thinks that's bad;
• U.S. newspapers sue AI creators and why;
• Amazon posts solid profits;
• The (awful) Wall Street Report;
• Walmart gets "glitzy" with groceries and why.

For the interview we're talking about housing and the many barriers there are to attain the "American Dream". Things like high interest rates, not enough new affordable housing being built, not enough housing stock on the market...it all makes it increasingly difficult to become a homeowner.  Enter Jenny Schuetz the author of "Fixer-Upper: How to Repair America's Broken Housing Systems". Here we talk about the barriers of homeownership and she offers solutions. Our thanks to the Polk County Housing Trust Fund for making Jenny available for this conversation. To listen click our player below:

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.