The Financial Exchange Show

Chuck Zodda and Marc Fandetti open up the second hour of today's show recapping comments from Ray Dalio, who downplayed the Fed's rate moves having an impact over the longer term. Chuck may or may not have ranted. Plus, is there really a national debt crisis looming? Presidential candidate Donald Trump latest proposal involving the SALT tax. Stack roulette based on an...interesting survey.

Fed meeting day is officially upon us! Chuck Zodda and Marc Fandetti preview their expectations for the Fed's significant meeting and discuss what they are most looking forward to. Also, why do other central banks in different countries care so much about the interest rate cut coming in the U.S? And Todd Lutsky, estate planning attorney from Cushing & Dolan, joins the show for his weekly caller segment "Ask Todd"

On the second hour of today's show, Mike Armstrong and Marc Fandetti discuss Amazon's announcement to its employees: get back to the office 5 days a week. Also, is raising the federal minimum wage truly a fix? More on the child care economic proposals from both presdiential candidates. And an update on Kroger & Albertson's battle with the FTC regarding their merger.

Mike Armstrong and Marc Fandetti start off the show discussing how big of a rate cut they anticipate at the conclusion of the Fed's meeting tomorrow. Plus, will August's better-than-expected retail sales report provide any valuable information ahead of the central bank's decision? Is it a given that a rate cut will actually help the housing market? And, why both candidates continue to ignore the federal deficit.

On the second hour of the show, Chuck Zodda and Mike Armstrong take a look at an Bloomberg opinion piece discussing how consumer staples stocks are seeing more attention. Plus, Sarah Foster of Bankrate joins the show to talk about their updated wage to inflation index. Which Apple product is getting more attention that the iPhone 16? Plus, stack roulette.

Fed week is upon us. Chuck Zodda and Mike Armstrong give their insight as to how much the Fed will cut interest rates this Wednesday and run through arguments for 25 bps vs 50 bps. Also, what's more important to take note of at the end of this Fed meeting? An update on the Boeing factory workers strike. And the ongoing challenges Ford is seeing in China in relation to EVs.

Mike Armstrong and Marc Fandetti discuss Trump's latest proposal, no taxes on overtime work, and if this is something that will get blue collar workers excited. Gloomy summer signals worsening picture for China's economy. The deflation breakdown for August 2024. US driving and congestion rates are higher than ever. Paul LaMonica from Barron's joins the show to chat about Petco.

Mike Armstrong and Marc Fandetti wonder if the Boeing union strike will cripple the aerospace giant. American Airlines flight attendants ratify new contract with immediate raises. Amazon boosts pay for its drivers following threats to unionize. Consumer sentiment climbs to 5-month high as inflation eases. Americans are still pessimistic. The Fed's rate cut dilemma: start big or small? Atlanta Fed's Bostic violated trading rules.

Mike Armstrong and Paul Lane discuss what the presidential candidates are proposing to solve the worst housing crisis in decades. GM and Hyundai explore a partnership to develop vehicles together. Why are top Jeep dealers blaming the CEO for disasterous choices? What is the cost of lunch at a restaurant? Can Intel stop its staggering fall from grace?

Mike Armstrong and Paul Lane discuss investors adopting a defensive stance just before the Fed supposedly cuts rates. Earnings estimates are forgetting the Fed. What does that mean for stocks? Layoffs are low but that doesn't mean the labor market is in a strong place. Avoid ‘knee-jerk reactions’ to candidates’ proposed tax increases, financial advisors say.

Chuck Zodda and Paul Lane discuss last night's presidential debate between Donald Trump and Kamala Harris and what each candidate said about key economic factors. Why will retirees get a smaller bump to Social Security next year? A recession signal is flashing red, or is it? Oil falls to $60 in a good sign for a global soft landing. The fight against inflation gets a big win as prices fall at the pump. Some young adults are opting out of parenthood. Money is a major reason, most say.

Todd Lutsky joins the show to explain the benefits of a revocable trust. Todd also takes calls from listeners about how they should navigate their revocable trusts.

Chuck Zodda and Paul Lane react to the CPI report that came in line with expectations and wonder how this report will impact the Fed's upcoming rate cut. Todd Lutsky joins the show to explain the benefits of a revocable trust. Todd also takes calls from listeners about how they should navigate their revocable trusts.

Mike Armstrong and Paul Lane discuss Google and Apple facing billions in penalties after losing appeals in the EU. The economy needs and bold Fed. Will it get it? Where should you put your cash now that high yield savings accounts are getting less attractive? Car giants are being forced to confront some hard truths over the EV transition. The rise and fall of Red Lobster.

Mike Armstrong and Paul Lane wonder if the 'vibecession' is over because the soft landing is actually in view. What are investors watching for during tonight's presidential debate? What does history tell us about the stock market and presidential elections? Should reverse mortgages still be viewed as the boogeyman? Bank of America raises minimum hourly pay to $24, as tellers flee the industry. Apple announced the iPhone 16 with not-quite-ready AI.

Chuck Zodda and Mike Armstrong discuss the state of American's wallets. Americans have a new piggy bank to raid - their houses. When chasing more dividends leaves you with less. U.S. prepares to challenge Google's online ad dominance. Are greedy companies to blame for grocery inflation?

Chuck Zodda and Mike Armstrong discuss why it is hard to take certain financial articles seriously, like this one, September is once again a tough month for stocks. The bond market rally rides on how fast the Fed cuts rates. China's troubles are hitting home for U.S. companies. Incoming Starbucks CEO's tall order: calming anxious employees. Boeing reaches tentative deal with workers to avert strike. Amazon wants your palm and TSA wants your face.

Chuck Zodda and Mike Armstrong discuss Fed official Waller already indicating the necessity of a September rate cut. Why is Trumps latest tax cut proposal irking economists? The NFL is back and it has never been more expensive to watch. Americans eat an average of 42 pounds of cheese per year. Paul LaMonica from Barron's joins the show to preview next week's Apple event.

Chuck Zodda and Mike Armstrong breakdown the August jobs report that came in lower than expected and wonder how this information will impact the Fed's upcoming rate cut. Are there downsides to falling interest rates? What is causing the recent market jitters? The massive tech company nobody talks about just reported sluggish earnings.

Chuck Zodda and Mike Armstrong explain why cheering on the yield curve could be foolish. American drivers signal a top in gasoline demand. A supersized Fed rate cut this month could be very dangerous for markets. A 'retirement disconnect' has swept across multiple generations of Americans. Nvidia says it has 'not been subpoenaed' by the DOJ in latest probe. Beyond Meat to launch new steak alternative as it focuses on health.

Chuck Zodda and Mike Armstrong discuss why this jobs report could be the most pivotal one in years. The hot labor market has melted away. Just ask college grads. Harris pushes 28% capital gains tax rate on $1M earners. Biden prepares to block $14B steel deal. Volvo scraps plan to sell only EVs by 2030.

Chuck Zodda and Marc Fandetti are encourage that only 44% of workers are 'cautiously optimistic' about meeting retirement goals. Can democrats stop the tax doom loop? For Volkswagen, the bumpy road to EVs starts to hit home. 'Rush' hour isn't what it used to be. 10-4 has replaced the 9-5. Trump wants to 'Drill, baby, drill,' but can he cut energy prices?

On this week's edition of Ask Todd, Todd Lutsky explains what a nominee realty trust is. Todd also takes calls from listeners about their specific estate planning needs.

Chuck Zodda and Marc Fandetti discuss yesterday's market sell-off and why investors are so fearful. US job openings decline to lowest level since January 2021. Todd Lutsky joins the show to share his insight into estate planning. This week, Todd explains what a nominee realty trust is.

Mike Armstrong and Marc Fandetti take a look at why stocks have historically dropped in September and come up with some interesting conclusions. Where will taxes rise the most if Trump's tax cuts are not extended? A recession could upend plans for people approaching retirement. Taking these steps can help, experts say. Why are thousands of hotel workers going on strike? Gen Z wants an inheritance. Good luck with that, say their boomer parents.

Mike Armstrong and Marc Fandetti discuss how the Fed will use jobs data to gauge how much to cut rates this month. After last month's revision, should you continue to trust US jobs data? Is America's economic mood brightening? Is consumer spending starting to flash warning signs? Are cautious consumers aleady spending down?

Chuck Zodda and Mike Armstrong discuss the cost of parenthood and how that is impacting the birth rate in the US. Why are Apple and Nvidia interested in investing in OpenAI? Taxes may be a blind spot in your investment portfolio. Lululemon cuts guidance, misses sales estimates after botched product launch. Paul LaMonica from Barron's joins the show to chat about Eli Lilly and the future of weight loss drugs.

Chuck Zodda and Mike Armstrong discuss the Fed’s favorite inflation indicator increased 0.2% in July, as expected. Could Treasuries be set for the longest run of gains since 2021? Why won't interest rate cuts solve the housing affordability crisis? Is the US workforce in danger of shrinking? Is this fall the best time to travel in 2024? Can budget airlines make the switch to premium?

Chuck Zodda and Mike Armstrong discuss Salesforce beating expectations and the departure of the company's CFO. Corey Adams from Robert Half joins the show to share the results of a recent employee productivity survey. Markets quickly recovered from the early August meltdown — but investors may not be so lucky next time. Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers. Warren Buffett's Berkshire Hathaway hits the $1T mark. Shake Shack to shut 6 California locations, including 5 in LA, after state’s $20 minimum wage hike.

Chuck Zodda and Mike Armstrong discuss Nvidia's strong earnings report doesn't lead to expected market results. 'Nvidia Day' became an event where investors held watch parties. 401(k) auto-enrollment features don’t help savings as much as expected, study finds. Why Fed rate cuts won't solve the hiring crisis. How are bosses finding ways to pay less?

Chuck Zodda and Paul Lane discuss home-price gains outpacing inflation with a 5.4% annual increase. The American Dream feels out of reach for most. Harris and Trump embrace tariffs, though their approaches differ. GM delays Indiana battery factory in latest EV pullback. Accounting isn't cool anymore. Kelce Brothers sign Amazon 'New Heights' podcast deal worth more than $100M.

This week, Todd Lutsky explains how flexible irrevocable trusts can be and why they might be perfect for your estate planning needs. Todd takes calls from listeners about their personal retirement plans.

Chuck Zodda and Paul Lane discuss how markets are waiting on Nvidia's earnings report. Could Nvidia's earnings report break the recent S&P 500 rally? Fed rate cuts are coming, but investors disagree on the path forward. Todd Lutsky joins the show for his weekly segment, Ask Todd. This week Todd explains how flexible irrevocable trusts can be.

Mike Armstrong and Paul Lane discuss Kamala Harris's recent economic proposals and explain why you should take it with a grain of salt. Tesla's rivals still can't use it superchargers. Will the US Gov't be successful in breaking up Google? Beware overly simple financial advice. Teachers are burning out on the job.

Mike Armstrong and Paul Lane discuss investors not sure what to do the day before Nvidia is set to release its earnings report. When did the Great Stagnation actually begin? A $557B drop in office values eclipses a revival of cities. PDD's $55B stock crash sends warning on China's economy. Why has the IPO market gotten cold feet? What you should know if you are traveling this Labor Day Weekend.

Mike Armstrong and Paul Lane discuss the new Boeing CEO facing hard choices after NASA snubs Starliner for SpaceX. Mark Hamrick from Bankrate joins the show to chat about a recent job seeker survey and some of the surprising results. CrowdStrike's big mystery: How bad, and for how long? The plug-in hybrid car starts to win over buyers. The 'Big Grocery' lawsuit goes to court. Restraurants fight back against the FTC crackdown on junk fees.

Mike Armstrong and Paul Lane discuss Powell's pivot leaving traders debating the size and path of rate cuts. Fed criticism is cheap, and its mostly mistaken. Nvidia to keep surfing the tech spending wave as they report earnings this week. Inflation usually hits harder for poor families. For a couple of years, it didn't. Care policies take center stage in Harris's economic message. Messing up the closest thing to a sure thing in the stock market. Apple explores robotics in search for life after the iPhone.

Chuck Zodda and Mike Armstrong recap some of the top takeaways from Jerome Powell's speech at Jackson Hole. Retailers are sending mixed messages about the economy. Why is China starting a new trade war? Remote work doesn't seem to be going away anytime soon. Why are publications writing puff pieces about the new Starbucks CEO? Paul LaMonica joins the show to chat about the expectations for Nvidia's earnings report next week.

Chuck Zodda and Mike Armstrong discuss Jerome Powell's speech at Jackson Hole where he said “The time has come for policy to adjust,” but doesn't tell when cuts will come. A turbulent month shows how fickle stocks can be. What are some of the key takeaways from Kamala Harris's economic plan? How much money do Americans believe makes them wealthy? Another executive leaves Tesla.

Chuck Zodda and Mike Armstrong discuss Lina Khan's noncompete ban being struck down in court. Mike Simonsen, President of Altos Research, joins the show to share his thoughts on the housing market. How to plan for retirement if you're behind on savings in Middle Age. How Taylor Swift fans broke economics. Chick-Fil-A hatches plans for streaming service as reality TV comes home to roost.

Chuck Zodda and Mike Armstrong discuss the make-or-break moment for the Fed that will determine the economy's fate. Why is the soaring S&P 500 is making 50+ year olds very nervous about their retirement? US payrolls marked down by most since 2009 in preliminary data. Whatever happened to the wisdom of the bond market? The auto industry EV retreat is picking up speed.

On this week's edition of Ask Todd, Todd Lutsky explains what the five-year lookback period is and why it is an important factor to account for when planning your estate. Todd also answers questions from listeners about leaving a home in a trust, who is on the hook for debt in a trust, and how an inherited house should be split up between siblings.

Chuck Zodda and Marc Fandetti discuss the surge in inflation and what are the likely causes. Why did Walmart sell-off its stake in JD.com? Should the next President raise the federal minimum wage? As Gen X starts to reach retirement age, reality still bites. Is there any solution to the tipping problem here in the US? Happy Anniversary to sliced bread.

Chuck Zodda and Marc Fandetti discuss the looming revisions to the yearly jobs report and why it might throw the Fed off current rate cut plans. Are most signs pointing to no recession in the near furure? Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains the five-year lookback period and why it is very important to understand when planning your retirement.

Mike Armstrong and Marc Fandetti wonder if the Fed can get out of its own way. Lowe's cuts full-year outlook as it expects weaker home improvement sales. Families are going into debt for Disney vacations. Big banks watched as con men wiped out a widow's life savings. Battling for budget bookings, discount airlines offer 'poor man's first class'. Here's why Walgreens and CVS retail pharmacies are struggling. Why more Americans don't want kids.

Mike Armstrong and Marc Fandetti discuss what could be holding the Fed back from making a big rate-cut at September's meeting. The Food industry is pushing back against Kamala Harris's 'price gouging' plan. The world can't escape from a US economy that has lost its anchor. Businesses are already girding for the next phase of the US-China trade war. New rules for homebuyers are here.

Chuck Zodda and Mike Armstrong discuss the US housing crisis, simple solutions, and what the presidential candidates are proposing to solve it. How can you position yourself to take advantage of the Feds first rate cut in years? Wall Street is looking for more signs that US consumers will keep spending. Amazon is getting heat from local residents over the drone delivery service. Did Disney just make a bad situation worse?

Chuck Zodda and Mike Armstrong preview this week's Fed meeting in Jackson Hole. Will the Fed set the stage for rate cuts, if so, by how much? How is the US Treasury more powerful than the Fed? Goldman cuts recession risk by 5%, citing latest jobs data. Why are the biggest US companies warning of an AI risk? What is the latest dystopian nightmare coming from the tech world?

Paul Lane sits down with Mark Voner, CEO - Veterans Development Corporation, to chat about how the VDC is helping veterans find work after their service to our country concludes, how the DAV is providing for disabled veterans, and what we can do to make sure those who fought for our country have a success post-military career.

Chuck Zodda and Paul Lane discuss why AI searches are not going to impact Google anytime soon. Warren Buffett's Apple sale brings value back to quality investing. Medicare's drug-price talks are about to get more heated. Mark Voner, CEO of Veterans Development Corporation, joins the show to share his experience in the military and how his company is doing great work for our vets when they return from service. Why are Brazilian nude beaches not nude enough? Paul LaMonica stops by to chat about Medtronic getting hit with anti-obesity concerns.

Chuck Zodda and Paul Lane explain why one data point is not enough to make rate-cut decisions and why you shouldn't listen those who overreact to data releases. The carry trade that blew up markets is attracting hedge funds again. Citadel's Ken Griffin has remade the hedge-fund industry, with himself on top. What are the new rules for how we buy and sell homes? Harris to propose $25,000 assistance for first-time homebuyers. Why does the government think they can tackle supposed price gouging?

Chuck Zodda and Mike Armstrong explain why falling mortgage rates aren't a quick fix for frustrated homebuyers. To solve its housing crisis, Britain turns to an old idea, new towns. How Gen Z women are investing their way to the good life. English ChatGPT users flummoxed by language glitch as but turns Welsh. Record heat is testing Kraft Heinz's efforts to climate proof ketchup.

Chuck Zodda and Mike Armstrong react to the jobless claims and retail sales data that was released this morning, both of which came in better than expected. Walmart beats estimates, raises outlook as it sees stable consumer health. Cisco cutting 7% of its workforce, reports earnings and revenue beat. Alibaba earnings miss expectations despite cloud acceleration. China's economy fails to pick up after worst stretch in five quarters. New breed of EV promises 700 miles per charge, but you still have to add gas.

On this weeks edition of Ask Todd, Todd Lutsky explains the benefits of a medicaid trust, how to plan after a parent is in a nursing home, and understanding the due-on clause on a revocable trust.

Chuck Zodda and Paul Lane discuss how the financial situation for many millennials have dramatically shifted in the past couple of years. So much about Real-Estate commissions just changed. Mortgage refinancing surges 35% in one week. Mars strikes a $36B deal to buy Pringles maker Kellanova. The big risk for the market: becoming an AI echo chamber.

Chuck Zodda and Paul Lane react to the release of the CPI report that stayed in-line with expectations. How will this weeks economic data releases influence the Fed? UBS CEO says its too early to talk about a US recession. Todd Lutsky joins the show to share his expertise on estate planning and takes calls from listeners about their personal planning needs.

Mike Armstrong and Paul Lane discuss why voters have possibly moved past caring about the Federal deficit. Home buyers eye Cape Cod's risky oceanfront. Can free rent revive downtown San Francisco? Gen X retirement plans look shaky. Its the American Dream still alive? Your local malls will have a new anchor coming soon.

Mike Armstrong and Paul Lane react to the Producer Price Index report that came in slightly lower than expected. Starbucks surges over 20% on news that Chipotle CEO Brian Niccol will move to the coffee chain. Market volatility is back. Will it last? Home Depot cuts outlook with consumers in 'deferral mindset'. Why the Fed has a difficult task on its hands due to conflicting views on inflation.

Chuck Zodda and Mike Armstrong discuss why the travel boom is beginning to slowdown. US officials to visit China for economic talks as trade tensions rise. StubHub continues to customers with ridiculously high fees. Why getting a late start on retirement savings isn't the end of the world. Disney unveils billions of dollars in theme-park expansions. Will the Olympics in LA be a boon for the city?

Chuck Zodda and Mike Armstrong preview a busy week for economic data that could dictate the Fed's plans for September. Investors borrowed like crazy during the rally. Now they're paying the price. Inflation hurts most for the things we can't skimp on. Bonds are back as a hedge after failling investors for years. OPEC slightly trims oil demand forecast, citing softness in China. Harris joins Trump in proposing to eliminate taxes on tips.

On the second hour of today's show, Chuck and Mike talk about the Fed and react to Wharton School Professor Jeremy Siegel backing off his earlier statement that an emergency rate cut is needed. Plus, the guys address more debate circulating as to if the Fed should remain independent. More on the Google antitrust case loss and how it will impact Apple. And Paul LaMonica of Barron's talks Kellonova.

:In the first hour of the show, Chuck and Mike reacap the wild week that was and reflect on what investors learned during the recent "panic". Plus, the guys give their insight on the state of the economy and dissect a new article from the WSJ: "Has the U.S. economy reaching a tipping point? Also, a listener sends in a detailed email with a great question on social security.

Chuck Zodda and Mike Armstrong discuss how travel and leisure is being crushed by slowing US consumer spending. Corey Adams from Robert Half joins the show to talk about more than half US companies are expected to add new positions by the end of the year. Is there a silver lining to a slowing economy? Would you trust Boeing to take you to space? Why are both parties proposing plans that could speed up the destruction of social security? Why are so many Americans willing to move to disaster zones?

Chuck Zodda and Mike Armstrong discuss the weekly jobless claims that came in less than expected. Chuck explains why one data point is not nearly enough to make conclusions about the future of the economy. JPMorgan raises recession chances by 35%. Why does Jamie Dimon keep making public predictions? The summer has been tough on stocks and that is over-shadowing very good earnings results. Lyft is going to do what to surge pricing?

On this week's edition of Ask Todd, Todd Lutsky shares how irrevocable trusts work and why they are an essential tool for many retirees. Todd explains how family members can make sure they leave a shared property for the their children. Todd answers why you should never write a will on your own.

Chuck Zodda and Marc Fandetti explain why consumer spending is one of, if not the biggest factor, in the country avoiding a recession. Is the Fed in for a bumpy ride over the next couple of months? Why should workers expect a much smaller raise this year? Disney posts first-ever streaming profit, but the theme-parks are proving to be a drag. Microsoft fires back at Delta after massive outage says airline declined 'repeated' offers for help.

Chuck Zodda and Marc Fandetti discuss stocks clawing back the losses from the global selloff. The Bank of Japan walks back talk of rate increases after roiling markets. What does Claudia Sahm mean when she says her recession rule is meant to be broken? Todd Lutsky joins the show to shares his expertise on irrevocable trusts.

Mike Armstrong and Marc Fandetti discuss why Google lost its antitrust suit and what it means for the future of the company. Uber says consumer spending 'never been stronger' as profits jump. What to do with your money if you're worried about the market. How going to the movies is changing.

Mike Armstrong and Marc Fandetti discuss the wild 24 hours on markets that saw huge losses turn into stunning gains for some. The guys explain what the Sahm Rule is and why it is referred to by economists when trying to predict a recession. How is the presidential race impacting markets? Did the market selloff upend the Fed's rate-cut plans? Should the Fed resist placating markets?

Chuck Zodda and Mike Armstrong discuss Warren Buffett's recent move to sell half of his stake in Apple and why trying to trade like Warren Buffett often leads to poor results. Will AI kill meaningless jobs? CrowdStrike is pushing back on Delta's claims of lost revenue during the recent outage. Wharton's Jeremy Siegel says Fed needs to make an emergency rate cut. Should you be taking a hard look at your investments right now?

Chuck Zodda and Mike Armstrong discuss today's jolt to markets across the world and why fear is rising. Understanding what happens when the S&P500 drops suddenly. Why equities are not for everyone. Not every data release is pointing towards a recession. 2024's most popular trades are unraveling. Wall Street's 'fear gauge' rises to its highest level since the early pandemic sell off.

Chuck Zodda and Mike Armstrong explain why today's market meltdown is a good thing for those with an eye on the long term. Apple sales rise 5%, topping estimates as iPad and service revenues jump. Intel to cut 15% of workforce and the stock plummets 29%. Amazon shares slide on revenue miss and disappointing guidance. Paul LaMonica joins the show to discuss Intel's future outlook.

Chuck Zodda and Mike Armstrong breakdown the terrible July jobs report and explain why this could be a recession indicator. Flight from stocks accelerates as fear grows Fed too slow to cut. How are Treasury Bonds holding up during today's madness? A judge overturned the $4.7B Sunday Ticket lawsuit. Venu Sports streaming service announced a $42.99 montly price point.

Chuck Zodda and Mike Armstrong discuss food companies hitting consumers' limits with price hikes. Delta's CEO is claiming that the CrowdStrike outage cost the company $500M. JetBlue's profitability push is going to cost Boston customers. Millennial's are getting a boost to their retirement. Stock splits are back in fashion, but why? Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year.

Chuck Zodda and Mike Armstrong discuss the Fed clearing a path to a September rate cut what impact that will have on the Presidential election. A couple of early morning economic data releases paint a bleak picture that could end with recession. Meta posts strong earnings off the back of ad sales and shows how expensive AI is getting for companies. Nvidia sets a new single day record. The stock market doesn't look like the dot-com bubble. Does it look worse?

Chuck Zodda and Paul Lane discuss the appointment of Kelly Ortberg as the new CEO of Boeing and how he has the difficult job of turning around the aviation giant. The US has shielded ASML and Tokyo Electron from chip export rules, which is good news for chip manufacturers. Scottie Pippen launches Game5Ball to tokenize the ball from the Bulls 1996 championship. Why is train travel making a comeback in the US?

Todd Lutsky shares his insight into last minute medicaid planning and how beneficiaries can ensure they aren't left holding the bag. Todd also breaks down some of the steps you need to go through when deciding what kind of estate plan you need.

Chuck Zodda and Paul Lane share their expectations for the Fed coming out of their meeting this week. Politics doesn't go into the Fed's decisions, or does it? Microsoft finds out that their AI dreams are an expensive reality. Todd Lutsky stops by to talk about last minute medicaid eligibility and takes calls about specific estate planning needs.

Mike Armstrong and Paul Lane discuss more than half of American renters who want to buy a home fear they'll never afford one. Over one million people now owe more than $200,000 in Federal student loans. Why is the new Starbucks CEO having such a difficult time? Carmakers neglect a key sector while chase EV glory. Boneless chicken wings can have bones afterall, says a ruling by the Ohio Supreme Court.

Mike Armstrong and Paul Lane discuss investors being on alert for Fed signals of a September rate cut. What is the case against lower interest rates? Is the labor market about to crack? Is it really a crual summer for Big Tech stocks? Delta hires famed lawyer to go after CrowdStrike and Microsoft over recent outage. These funds are like candy for Boomers. The taxes aren't. How one man lost $740,000 to scammers targeting his retirement savings.

Joe Boschulte, USVI Commissioner of Tourism, joins the show to talk about what each island has to offer for vacationers during the summer months, why the cruise industry is the backbone of tourism for the islands, upcoming winter deals and events, and why now is the best time to book your vacation to the USVI.

Chuck Zodda and Mike Armstrong are joined by USVI Commissioner of Tourism, Joe Boschulte, to talk about the amazing vacation opportunites that the USVI has to offer. The sudden market drop was scary for investors but long overdue. What are some of the biggest mistakes you can make with your 401(k)? Investors embrace bond funds before rates start to fall. The fast food minimum wage effect: higher prices and reduced hours.

Chuck Zodda and Mike Armstrong preview the week in earnings which will see Meta, Apple, and Microsoft all reporting. A Fed rate cut is finally within view. Interest rates are a sideshow in the Fed drama. McDonald's sales fall for the first time since 2020, but the stock went up. Why? The US reveals security concerns around TikTok and ByteDance.

Chuck Zodda and Mike Armstrong wonder if customers are fed up with Chipotle's lack of consistency. Is now the best time for would be car buyers to start shopping? Can Apple stage an iPhone comeback in China? Does OpenAI's upcoming search engine have a shot at competing with Google? Paul LaMonica joins the show to chat about CrowdStrike and how the company can rebound from the recent outage.

Chuck Zodda and Mike Armstrong discuss if the Fed's key inflation gauge coming in line with expectations could force the Fed to signal September rate cuts. Why are wealthier people slowing down their splurge spending? Did CrowdStrike slap their customers in the face by offering a $10 apology for the outage? Why you need to plan to spend your nest egg instead of just hoarding it.

Chuck Zodda and Mike Armstrong discuss Ford falling its most in four years as warranty costs erode profit. Jeff Ostrowski from Bankrate joins the show to chat about their recent homeownership survey. An increase in uninsured drivers is pushing up costs for everyone else. Airlines are finally cutting ticket prices as flight numbers rise. Massachusetts gave how much money to the movie 'Don't Look Up'?

Chuck Zodda and Mike Armstrong discuss yesterday's massive tech sell off that caused the worst day on markets since 2022. Are small cap stocks the new darlings for investors? The US economy grew at a 2.*% pace in the second quarter, much more than expected. Emotional investing is bad investing. The Fed may be two meetings away from a major mistake.

Todd Lutsky explains what tools are available for those who failed to plan before needing to go on Medicaid. Todd also explains the benefits of long-term care insurance and how flexible irrevocable trusts are.

Chuck Zodda and Marc Fandetti explain to the 3 in 5 Americans who believe the country is in a recession why that isn't the case. What are the competing opinions on future rate cuts by the Fed? Is the hottest job market in a generation already over? Your cup of coffee is already expensive, and it is about to get even more expensive.

Chuck Zodda and Marc Fandetti discuss the earnings results from Google and Tesla and why markets are reeling in their wake. Has Google misjudged the growth of AI? Is Tesla missing the boat on AI? Todd Lutsky joins the show for his week'y segment, Ask Todd, where he explains how to get on medicaid at the last minute.

Mike Armstrong and Marc Fandetti explain why the CrowdStrike outage is another sharp warning for banks. Google talks to acquire cybersecurity startup Wiz fall apart. GM lifts earnings outlook as US market carries load. Elon Musk has his mojo back. Can you send some mojo to Tesla? Alexa is in millions of households, and Amazon is losing billions. The 401(k) rollover mistake that costs retirement savers billions.

Mike Armstrong and Marc Fandetti discuss how recent politically events have been moving markets. Investors remember 'stocks can go down too' in return to hedging. June home sales slump, pointing to a buyer's market as supply increases. Why is the deficit so big? Depends on who you ask. America's 60-year-olds are staring at financial peril. McDonald's will extend the $5 meal deal at most US restaurants.

Chuck Zodda and Mike Armstrong want to know why so many Americans are choosing not to have babies. American borrowers are on shaky ground, how long can this last? How can you avoid the 'Social Security Torpedo"? EVs are cheaper than ever. Can car buyers be won over? Airbnb hosts want guests to come to them directly.

Chuck Zodda and Mike Armstrong discuss if markets could unwind the ‘Trump trade’ after Biden drops out of presidential race. Investors count on earnings to calm $900 billion US tech rout. A stock-market rotation of historic proportions is taking shape. Flight cancellations caused by tech outage continued over the weekend. Ble screens everywhere are the latest tech woe for Microsoft. Why are job seekers losing confidence? Massachusetts moves closer to mandating employers to disclose salary ranges on job postings.

Chuck Zodda and Mike Armstrong discuss Netflix's earnings report and how the company continues to dominate the streaming space. The Fed prepares for September cut as Powell shifts focus to jobs. Banks are offering bigger cash bonuses. But you will need to know much more before changing banks. $15 minimum wage for tipped workers headed to ballot. No taxes on tips? A Trump idea gains ground. Paul LaMonica joins the show to chat about AmEx.

Chuck Zodda and Mike Armstrong breakdown the major IT outage that has grounded flights and hit banks and businesses across the world. Get ready to pay more for less-reliable electricity. The magic number to afford a home in Boston? $217,000 in annual income. Heirs finally get an answer from the IRS about money in inherited retirement accounts. Broken windmill blade off Nantucket causing big concern for clean energy advocates.

Mike Armstrong and Marc Fandetti discuss how the conversation surrounding inflation is being expressed of the RNC. JD Vance blames China for the degredation of the US's middle class. Social Security just announced a change for millions of beneficiaries. Car repossesions surge across the country. Bud Light loses more ground, slipping to No. 3 in America. American towns are saying no to new megamansions.

Mike Armstrong and Marc Fandetti discuss what went so wrong for tech companies on markets yesterday. TSMC beats estimates on surging chip demand, but politics might get in the way. Should Fed's critics be championing a July cut? Mike can't help but express his love for Domino's. Where do economists think we are headed? Is revenge travel running out of steam?

Chuck Zodda and Paul Lane explain why portfolio diversification is necessary. Top Fed official suggests the Fed is closer, but not yet ready, to cut rates. Biden's rent control plan will make the housing crisis worse. Real Estate meltdown strains even the safest office bonds. It's the summer of the quiet vacation. Don't tell the boss. NBA Board backs TV rights deals, but steps remain.