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The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1279: Today we break down CarEdge's new Dealer Transparency Index shaking up pricing accountability, GM's MobileService+ reboot with lower-cost gas crossovers, and a fresh bump in consumer confidence that could signal steadier showroom traffic ahead.CarEdge just launched a new public report card for dealers—and it's aiming straight at pricing transparency. The AI-powered platform unveiled its Dealer Transparency Index, grading over 4,600 U.S. dealerships on how “real and honest” their pricing practices actually are.The Dealer Transparency Index (DTI) scores dealers on a 100-point scale, translating into A–F grades based on real out-the-door quotes.Scores are built from 40,000+ verified OTD quotes using CarEdge's AI negotiation platform. Dealers can't pay to improve their grade.The formula weighs doc fees (30%), add-ons (30%), dealer markups (30%), and quote data quality (10%).CarEdge lists 4,957 dealers in their search. 2,403 are graded A, 306 are graded F.CEO Zach Shefska clarified the mission: “We're not anti-dealer. We're anti-deception…"GM is retooling its MobileService+ strategy after dealers pushed back on the original $150,000 BrightDrop EV vans. Now, gas-powered crossovers are stepping in to power the next phase of at-home service—and dealers say this version actually pencils.Starting Q2, GM will offer upfitted 2026 Chevy Equinox, GMC Terrain and Cadillac XT5 models for mobile service.The move follows the cancellation of BrightDrop 600 production and dealer concerns over cost, size and battery range.Upfront costs are expected to be cut by at least half compared to the $150,000 EV van. Dealers can even self-install the service kit in 6–8 hours.The setup allows stores to remove the equipment and resell the vehicle later—far more flexible than the “one-and-done” BrightDrop approach.MobileService+ Director Chris Hornberger said the new models hit the mark: “This, we feel, is the sweet spot, exactly what the dealers are looking for.”Consumer confidence edged higher in February, snapping a January slide as Americans felt slightly better about jobs and the labor market. While optimism is still well below last year's peak, expectations for the months ahead are starting to firm up.The Conference Board's Consumer Confidence Index rose 2.2 points to 91.2, beating economist expectations of 87.The labor market differential improved, with more consumers saying jobs are “plentiful” versus “hard to get.”Today's show is brought to you by ESi-Q. ESi-Q measures employee satisfaction and provides actionable insight Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Andrew and Ben discuss the SOTU highlights & yesterday's Consumer Confidence report. Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure
Paramount Skydance (PSKY) makes another move in its bid for Warner Bros. Discovery (WBD), a story Marley Kayden and Sam Vadas believe investors shouldn't miss from Tuesday's session. Also on their radar: consumer confidence and the tick higher following a sharp drop in January. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
AP's Lisa Dwyer reports on a A fragile rebound in US consumer confidence in February after a plunge a month earlier.
In this conversation, Tommy Mello interviews Benjy, a data analytics expert, discussing the critical role of data in AI and marketing. They explore how businesses can leverage customer data for targeted marketing strategies, the importance of consistent marketing efforts, and the future implications of AI on the workforce. Benjy shares insights on understanding customer personas and the necessity of viewing marketing as an investment rather than a cost. The discussion also touches on the evolving landscape of AI and its potential impact on human roles in various industries. 00:00 The Importance of Data in AI 01:30 Benjy's Journey into Data Analytics 02:43 The Excitement of AI and Data Lakes 03:56 Leveraging Customer Data for Business Growth 05:02 Targeted Marketing Strategies 06:22 Neighborhood Targeting and Data Utilization 08:04 The Power of Consistent Marketing 10:16 Marketing as an Investment 12:57 The Future of AI and Human Adaptation 15:05 The Role of Data in Consumer Confidence 17:16 Optimism and Concerns about AI's Impact 18:14 Understanding Your Ideal Client
Kia ora.Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news financial markets are taking more notice of the lackluster US economic data today, with Wall Street equity markets hesitating, bond yields in a defensive twist, and the USD staying weaker.But first, the overnight dairy Pulse auction not only confirmed the prior week's sharp rises, it added to them. WMP was up a marginal +0.4% from a week ago to be up +14% from the start of 2026. Butter was up +6.8% from last week, up +18% year-to-date. And the SMP price was up +1.7% from last week, also up +14% so far this year. Everyone in the industry will welcome this confirmation of the recent rising trend, even if some of it is just USD weakness.Not so positive was the US retail sales report for December, which showed zero growth from November, to remain +2.3% higher than a year ago. Given CPI inflation is +2.7%, there is clear stagflation involved here.Meanwhile the weekly ADP employment report only showed private payrolls gaining +6,500 nationally, well within the margin of error. But at least it was better than the prior week's no-change.The January NFIB optimism index was also little-changed and still below the benchmark 100 level.US household debt as at the end of 2025 was recorded at US$18.8 tln, a +4.2% rise from the end of 2024. Non-housing debt rose only +2.6% in the same period, so Americans are taking on more housing debt at a faster pace. The same report shows delinquency rates on all loans rose to 4.8% of outstanding household debt, the highest level since 2017, driven by higher defaults among low-income and young borrowers.The overall soft US data probably helps make the case for another Fed rate cut at their next meeting on March 19, 2026 (NZT) but there is a lot to be revealed before then.In Australia, consumer sentiment slipped in February, and not insignificantly. Recall, the RBA has recently pushed through a rate rise. Analysts say the fall is a muted response compared to previous rate hikes. Over 80% of those surveyed expect interest rates to rise further in the next 12 months. Homebuyer sentiment has sunk as price expectations hit new 15 year high.Meanwhile, the NAB business sentiment survey results inched up in January, although revenues softened. That was offset by costs easing a bit faster.The UST 10yr yield is now just under 4.15%, and down a sharpish -5 bps from yesterday.The price of gold will start today down -US$55 from yesterday at US$5018/oz. Silver is down a sharp -US$3 at US$80.50/oz and continuing its extreme volatility.American oil prices are down -50 USc at just on US$64/bbl, while the international Brent price is now just under US$69/bbl.The Kiwi dollar is little-changed against the USD from yesterday, still just under 60.5 USc. Against the Aussie we are up +20 bps at 85.5 AUc. Against the euro we are holding at 50.8 euro cents. That all means our TWI-5 starts today unchanged at 63.9.The bitcoin price starts today at US$69,517 and down -0.7% from this time yesterday. Volatility over the past 24 hours has been moderate at just on +/- 2.3%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again tomorrow.
The Paychex Business Series Podcast with Gene Marks - Coronavirus
Even with the partial government shutdown now over, the lingering impacts to employers and employees will be felt throughout 2026. The IRS is short-staffed and already communicating that there will be delays in tax refunds, which hurts finances and potentially morale and budgeting. Agentic commerce hits a snag because the payment guardrails aren't ready for bots yet, creating purchasing bottlenecks. Tariffs are still affecting supply chains, but businesses in 2026 should be redesigning their approach to offset scarcity of some key items. And consumer confidence hits a 12-year low, while other indexes are also bottoming out around labor and income conditions. Additional Resources Meet Paychex: https://bit.ly/3VtM6bs DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
In this episode of the "People Not Titles" podcast, hosts Steve Kaempf and Matt Lombardi discuss major February 2025 market trends. They cover Kevin Warsh's nomination as Federal Reserve Chair, the Fed's latest interest rate decisions, and internal policy debates. The episode also explores the conflict between CoStar Group and hedge fund Third Point over Homes.com's strategy, recent real estate industry awards, a new lawsuit against Rocket Mortgage, and declining consumer confidence. The hosts analyze housing market dynamics, affordability challenges, and share industry insights, ending with lighthearted sports banter and a preview of upcoming episodes.00:00:00 Introduction00:00:56 Groundhog Day & Weather Chat 00:02:12 Kevin Warsh Nominated as Fed Chair 00:03:10 Kevin Warsh's Bio & Experience 00:04:26 Market Reaction & Confirmation Process 00:06:15 Warsh's Policy Priorities 00:06:48 Key Takeaways from the Fed Meeting 00:08:15 Economic Activity & Labor Market 00:09:13 Inflation & Tariffs 00:09:56 Internal Fed Policy Division 00:10:49 Powell's Advice for Successor 00:11:08 CoStar vs. Third Point: Homes.com Dispute 00:12:59 CoStar's Response & Strategy 00:16:39 Homes.com Performance & Profitability Timeline 00:17:26 CoStar's Acquisition Track Record & Financial Outlook 00:18:27 Third Point's Track Record & Final Remarks 00:18:58 Inman 2025 Power Player Awards 00:20:20 NAR & Local Award Winners 00:22:22 Class Action Lawsuit Against Rocket 00:23:36 Details of the Rocket Lawsuit 00:25:46 Rocket's Response & Legal Precedent 00:27:04 Consumer Awareness & Industry Trust 00:28:41 Consumer Confidence Drops in January 00:30:55 Labor Market & Spending Trends 00:33:19 Housing Market & Affordability 00:34:39 Homeownership Strategy & Real Estate Outlook 00:35:46 Podcast Wrap-Up & Super Bowl PredictionsFull episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues.Our Success Series covers principles of success to help your thrive!www.peoplenottitles.comIG - https://www.instagram.com/peoplenotti...FB - https://www.facebook.com/peoplenottitlesTwitter - https://twitter.com/sjkaempfSpotify - https://open.spotify.com/show/1uu5kTv...
Let's talk about an absolute collapse of consumer confidence....
Rebel Capitalist Live VII: Protect & Grow Your Wealth Before the Next Crisis https://rcl.georgegammon.com/live
Liz Peek on the economy's sturdy prospects for 2026, analyzing current indicators and trends that point toward continued growth, consumer confidence, and business optimism in the year ahead.1936
Today's Headlines: U.S. immigration enforcement is under intense scrutiny after another person was shot and critically injured during a Border Patrol–involved incident in southern Arizona. Details remain limited, with officials declining to identify the victim or explain how the shooting unfolded. Meanwhile in Minnesota, Rep. Ilhan Omar was attacked during a town hall after a man lunged at her and appeared to spray an unknown, foul-smelling substance from a syringe before being arrested on assault charges. Five days after the fatal shooting of Minnesota nurse Alex Pretti during an ICE encounter, the public still doesn't know who pulled the trigger — even as DHS has acknowledged that two ICE agents fired their weapons. The department is facing growing backlash after DHS Secretary Kristi Noem falsely claimed Pretti intended to “massacre” agents, a statement the White House has since tried to walk back while shifting blame internally. Minnesota is now suing the federal government for failing to preserve evidence from the shooting, with federal lawyers arguing they aren't required to do so. Criticism of ICE has also intensified following the death of 30-year-old U.S. citizen Wael Tarabishi, who relied on his father as a primary caregiver before his father was detained by ICE. Tarabishi died after weeks in the hospital, and ICE has refused to temporarily release his father to attend the funeral. Politically, Noem is facing impeachment pressure from House Democrats, while a Minnesota judge has ordered ICE's acting director to appear in court over repeated failures to comply with court orders. Internationally, the Trump administration is reportedly planning to send ICE personnel to the Winter Olympics in Milan, a move sharply criticized by the city's mayor. Separately, families of two Trinidadian men killed during U.S. boat strikes in the Caribbean have filed a lawsuit accusing the administration of extrajudicial killings. On the economic front, health insurance stocks fell after the administration declined to increase Medicare Advantage subsidies, as consumer confidence dropped to a 12-year low. Ending on a brighter note, Yale University announced it will make tuition free for families earning up to $200,000 a year, expanding access amid rising college costs. Resources/Articles mentioned in this episode: NBC News: One person in critical condition after being shot in incident involving Border Patrol in Arizona The Daily Beast: Trump Sparks Fresh Outrage With Secret Bid to Send ICE to the Olympics ABC News: Experts say the divide between Minnesota and federal authorities is unprecedented WFAA: Disabled son of ICE detainee dies after 30 days of hospitalization Axios: Jeffries' threat to Trump: Fire Kristi Noem or we move to impeachment Axios: Acting ICE director faces contempt hearing WSJ: Families of Two Men Killed in Boat Strikes Sue U.S. WSJ: Stock Market Today: UnitedHealth Weighs on Dow as Health-Insurance Stocks Slide Axios: Consumer confidence plunges to 12-year low WSJ: Yale Will Go Tuition-Free for Families Making Up to $200,000 NBC News: Man lunges at Rep. Ilhan Omar during town hall and tries to spray her with unknown substance Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices
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From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
SEGMENT 1: RETAIL SALES AND ECONOMIC OUTLOOK Guest: Liz Peek Strong retail sales signal consumer confidence as Trump takes office. Peek discusses holiday spending numbers, the stock market's performance, and economic expectations for the new administration. Conversation touches on inflation pressures, interest rate concerns, and whether the economy's momentum can continue under new policy directions.
SHOW SCHEDULE 1-20-20251907 GREENLANDSEGMENT 1: RETAIL SALES AND ECONOMIC OUTLOOK Guest: Liz Peek Strong retail sales signal consumer confidence as Trump takes office. Peek discusses holiday spending numbers, the stock market's performance, and economic expectations for the new administration. Conversation touches on inflation pressures, interest rate concerns, and whether the economy's momentum can continue under new policy directions.SEGMENT 2: MARKETS AND GREENLAND CONTROVERSY Guest: Liz Peek Peek analyzes market reactions to the incoming administration and addresses Trump's renewed interest in acquiring Greenland. Discussion covers the strategic importance of Greenland's resources and location, European responses to the proposal, and how this diplomatic imbroglio fits into broader economic and geopolitical considerations facing the new term.SEGMENT 3: EUROPEAN FRUSTRATION WITH TRUMP'S RETURN Guest: Judy Dempsey (Carnegie Berlin), Co-Host: Thaddeus McCotter Dempsey assesses European anxiety as Trump begins his second term. Discussion covers EU economic stagnation, Germany's struggling industrial base, and widespread frustration among European leaders unprepared for renewed American pressure on trade, defense spending, and NATO commitments. McCotter joins from Detroit offering domestic political perspective.SEGMENT 4: EU ECONOMY AND TRANSATLANTIC TENSIONS Guest: Judy Dempsey (Carnegie Berlin), Co-Host: Thaddeus McCotter Continued analysis of Europe's economic malaise and political uncertainty ahead of German elections. Dempsey examines how EU leadership plans to navigate Trump's transactional approach to alliances, concerns over tariffs and energy policy, and whether Europe can muster unified responses to American demands on defense and trade.SEGMENT 5: POWELL VS. TRUMP ON MONETARY POLICY Guest: Joseph Sternberg (London) Sternberg analyzes the brewing conflict between Federal Reserve Chairman Jerome Powell and President Trump over interest rate policy. Discussion examines Trump's public criticism of Powell, the Fed's independence, inflation concerns, and how this tension between the White House and central bank could shape economic policy and market confidence.SEGMENT 6: STARMER'S LEADERSHIP FAILURES AND CHINA EMBASSY CONCERNS Guest: Joseph Sternberg (London) Sternberg critiques Prime Minister Keir Starmer's struggling leadership and lack of clear direction for Britain. Discussion turns to Starmer's belated scrutiny of China's massive new London embassy complex, raising security concerns about the sprawling diplomatic compound and questions about why earlier governments permitted its construction without adequate review.SEGMENT 7: IRAN EXECUTIONS AND TRUMP'S PROMISE OF HELP Guest: Jonathan Schanzer (Washington, DC) Schanzer reports on the surge of executions inside Iran as the regime cracks down on dissent. Discussion covers Trump's remarks signaling support for the Iranian people, the brutal nature of the regime's repression, recent execution numbers, and whether American policy shifts could aid those suffering under Tehran's authoritarian rule.SEGMENT 8: GAZA CEASEFIRE AND POSTWAR GOVERNANCE Guest: Jonathan Schanzer (Washington, DC) Schanzer examines the fragile Gaza ceasefire and critical questions about who will govern after the fighting ends. Discussion analyzes the proposed makeup of any postwar governing board, the challenges of reconstruction, Hamas's continued presence, and regional players jockeying for influence over Gaza's future political arrangements.SEGMENT 9: GREENLAND STRATEGY AND ARCTIC AMBITIONS Guest: Mary Kissel (Former Senior Adviser to Secretary Pompeo) Kissel offers insider perspective on Trump's renewed push for Greenland, drawing on her State Department experience. Discussion examines the strategic rationale behind the proposal, Arctic security concerns, Danish and European reactions, and whether this represents serious policy or negotiating leverage for broader geopolitical objectives.SEGMENT 10: GAZA DIPLOMACY AND INVITATIONS TO ADVERSARIES Guest: Mary Kissel Kissel analyzes the peculiar diplomatic landscape surrounding Gaza negotiations, including controversial outreach to bad actors like Putin. Discussion questions the wisdom of engaging hostile powers in Middle East peacemaking, the signals this sends to allies, and how the new administration might reshape these diplomatic approaches going forward.SEGMENT 11: JAPAN'S SNAP ELECTION UNDER PM TAKAICHI Guest: Lance Gatling (Tokyo), Co-Host: Thaddeus McCotter Gatling reports from Tokyo on Prime Minister Takaichi's decision to call snap elections. Discussion covers the political calculations behind this move, Takaichi's nationalist stance, implications for US-Japan relations under the new Trump administration, and how Japanese voters are responding to shifting domestic and regional dynamics.SEGMENT 12: CHINA'S GROWING THREAT TO JAPAN Guest: Lance Gatling (Tokyo), Co-Host: Thaddeus McCotter Gatling assesses the mounting Chinese military threat facing Japan, including naval provocations and airspace incursions. Discussion examines Japan's defense posture, increased military spending, the importance of the US-Japan alliance in deterring Beijing, and how Tokyo views the security landscape with Trump returning to the White House.SEGMENT 13: NATO'S DECLINE AND THE GREENLAND CRISIS Guest: Gregory Copley Copley argues the Greenland controversy reveals deeper fractures signaling NATO's erosion. Discussion examines how the alliance has weakened through neglect and diverging interests, European defensiveness over Arctic claims, and whether the transatlantic security architecture built after World War II can survive current political and strategic pressures.SEGMENT 14: EMERGING SUNNI OR ISLAMIC NATO IN ASIA Guest: Gregory Copley Copley explores the potential formation of a new security alliance among Sunni Muslim nations in Asia. Discussion covers the strategic drivers behind such a coalition, which countries might participate, how this Islamic NATO could reshape regional power dynamics, and implications for Western alliances and Middle Eastern stability.SEGMENT 15: GREAT POWERS VERSUS SMALL STATES IN STRATEGIC THINKING Guest: Gregory Copley Copley contrasts how great powers often act impulsively while smaller states analyze carefully before moving. Discussion examines the hubris of major nations shooting from the hip on foreign policy, the advantages smaller countries gain through meticulous strategic calculation, and lessons for American policymakers in an increasingly complex world.SEGMENT 16: THE CALMING POWER OF KINGSHIP Guest: Gregory Copley Copley offers praise for monarchical systems as stabilizing forces in nations facing discontent. Discussion examines how kingship provides continuity, national unity, and legitimacy that elected leaders often cannot muster, with examples of how constitutional monarchies successfully navigate political turbulence and maintain social cohesion during crises.
SummaryIn this episode, The Car Chick® discusses the current state of the automotive industry as we enter 2026, reflecting on the challenges faced in 2025, including economic uncertainty and shifts in consumer confidence. She shares predictions for the upcoming year, emphasizing a potential shift from electric vehicles (EVs) to hybrids, and highlights the importance of empowerment through mobility, illustrated by a personal story of helping a woman in need.TakeawaysCar buying feels uncomfortable and risky in 2026.2025 was marked by uncertainty and unexpected challenges.The automotive industry is looking for stability and profits.Interest rates have dropped, but car prices remain high.Financial incentives from manufacturers may increase in 2026.Leasing may become more attractive with lower rates.Hybrids are expected to gain popularity over EVs.Education and preparation are key for car buyers.ResourcesHelp Mom and Daughter Escape Abuse: https://gofund.me/b8ae621daYou can view a full list of resources and episode transcripts here. Connect with LeeAnn: Website Instagram Facebook YouTube Work with LeeAnn: Course: The No BS Guide to Buying a Car Car Buying Service Copyright ©2024 Women's Automotive Solutions Inc., dba The Car Chick. All rights reserved.
STAGNATION UNDER SURVEILLANCE Colleague Anne Stevenson-Yang, Wild Ride. The severe lockdowns of the COVID-19 pandemic shattered consumer confidence, leaving citizens insecure and unwilling to spend, which stalled economic recovery. Local governments, cut off from credit and burdened by debt, struggle to provide basic services. Faced with economic stagnation, Xi Jinping has rejected market liberalization in favor of increased surveillance and control, prioritizing regime security over resolving the structural debt crisis or restoring the dynamism of previous decades. NUMBER 8
From whiskey in the American Revolution to Spam in WWII, food reveals a great deal about the society in which it exists. Selecting 15 foods that represent key moments in the history of the United States, this book takes readers from before European colonization to the present, narrating major turning points along the way, with food as a guide. US History in 15 Foods (Bloomsbury, 2023) takes everyday items like wheat bread, peanuts, and chicken nuggets, and shows the part they played in the making of America. What did the British colonists think about the corn they observed Indigenous people growing? How are oranges connected to Roosevelt's New Deal? And what can green bean casserole tell us about gender roles in the mid-20th century? Weaving food into colonialism, globalization, racism, economic depression, environmental change and more, Anna Zeide shows how America has evolved through the food it eats. Anna Zeide is Associate Professor of History and the founding director of the Food Studies Program in the College of Liberal Arts & Human Sciences at Virginia Tech, USA. She has previously written Canned: The Rise and Fall of Consumer Confidence in the American Food Industry (2018), which won a 2019 James Beard Media Award, and co-edited Acquired Tastes: Stories about the Origins of Modern Food (2021). Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
From whiskey in the American Revolution to Spam in WWII, food reveals a great deal about the society in which it exists. Selecting 15 foods that represent key moments in the history of the United States, this book takes readers from before European colonization to the present, narrating major turning points along the way, with food as a guide. US History in 15 Foods (Bloomsbury, 2023) takes everyday items like wheat bread, peanuts, and chicken nuggets, and shows the part they played in the making of America. What did the British colonists think about the corn they observed Indigenous people growing? How are oranges connected to Roosevelt's New Deal? And what can green bean casserole tell us about gender roles in the mid-20th century? Weaving food into colonialism, globalization, racism, economic depression, environmental change and more, Anna Zeide shows how America has evolved through the food it eats. Anna Zeide is Associate Professor of History and the founding director of the Food Studies Program in the College of Liberal Arts & Human Sciences at Virginia Tech, USA. She has previously written Canned: The Rise and Fall of Consumer Confidence in the American Food Industry (2018), which won a 2019 James Beard Media Award, and co-edited Acquired Tastes: Stories about the Origins of Modern Food (2021). Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/food
From whiskey in the American Revolution to Spam in WWII, food reveals a great deal about the society in which it exists. Selecting 15 foods that represent key moments in the history of the United States, this book takes readers from before European colonization to the present, narrating major turning points along the way, with food as a guide. US History in 15 Foods (Bloomsbury, 2023) takes everyday items like wheat bread, peanuts, and chicken nuggets, and shows the part they played in the making of America. What did the British colonists think about the corn they observed Indigenous people growing? How are oranges connected to Roosevelt's New Deal? And what can green bean casserole tell us about gender roles in the mid-20th century? Weaving food into colonialism, globalization, racism, economic depression, environmental change and more, Anna Zeide shows how America has evolved through the food it eats. Anna Zeide is Associate Professor of History and the founding director of the Food Studies Program in the College of Liberal Arts & Human Sciences at Virginia Tech, USA. She has previously written Canned: The Rise and Fall of Consumer Confidence in the American Food Industry (2018), which won a 2019 James Beard Media Award, and co-edited Acquired Tastes: Stories about the Origins of Modern Food (2021). Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies
From whiskey in the American Revolution to Spam in WWII, food reveals a great deal about the society in which it exists. Selecting 15 foods that represent key moments in the history of the United States, this book takes readers from before European colonization to the present, narrating major turning points along the way, with food as a guide. US History in 15 Foods (Bloomsbury, 2023) takes everyday items like wheat bread, peanuts, and chicken nuggets, and shows the part they played in the making of America. What did the British colonists think about the corn they observed Indigenous people growing? How are oranges connected to Roosevelt's New Deal? And what can green bean casserole tell us about gender roles in the mid-20th century? Weaving food into colonialism, globalization, racism, economic depression, environmental change and more, Anna Zeide shows how America has evolved through the food it eats. Anna Zeide is Associate Professor of History and the founding director of the Food Studies Program in the College of Liberal Arts & Human Sciences at Virginia Tech, USA. She has previously written Canned: The Rise and Fall of Consumer Confidence in the American Food Industry (2018), which won a 2019 James Beard Media Award, and co-edited Acquired Tastes: Stories about the Origins of Modern Food (2021). Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices
From whiskey in the American Revolution to Spam in WWII, food reveals a great deal about the society in which it exists. Selecting 15 foods that represent key moments in the history of the United States, this book takes readers from before European colonization to the present, narrating major turning points along the way, with food as a guide. US History in 15 Foods (Bloomsbury, 2023) takes everyday items like wheat bread, peanuts, and chicken nuggets, and shows the part they played in the making of America. What did the British colonists think about the corn they observed Indigenous people growing? How are oranges connected to Roosevelt's New Deal? And what can green bean casserole tell us about gender roles in the mid-20th century? Weaving food into colonialism, globalization, racism, economic depression, environmental change and more, Anna Zeide shows how America has evolved through the food it eats. Anna Zeide is Associate Professor of History and the founding director of the Food Studies Program in the College of Liberal Arts & Human Sciences at Virginia Tech, USA. She has previously written Canned: The Rise and Fall of Consumer Confidence in the American Food Industry (2018), which won a 2019 James Beard Media Award, and co-edited Acquired Tastes: Stories about the Origins of Modern Food (2021). Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/popular-culture
In this episode, Mike Babbitt from Synovus is on the podcast to talk about the inherent risks associated with importing goods, and how you can reduce that risk especially when starting with new suppliers. He shares various strategies to illustrate these challenges, and the importance of understanding the international trade landscape. Mike Babbitt, Synovus's Head of Trade and Supply Chain Finance Origination, is on the podcast today to talk about the various risks that importers (and exporters) are facing in 2025 and 2026 and how you as an importer can protect yourself when importing. Mike also talks about the various trends he's observed over the years and how we're slowly moving to a "just right" inventory model. If you're looking to expand your product portfolio with new suppliers, this episode may be for you. Timestamps 00:00 - Introduction to International Trade and Sonovus Bank 02:56 - Understanding Risks in Importing and Exporting 05:55 - Mitigating Risks with Letters of Credit 09:02 - Practical Scenarios for Using Letters of Credit 11:55 - Exploring Trade Financing Mechanisms 14:57 - Current Trends in Importing and Exporting 17:54 - Reconfiguring Supply Chains and Reshoring 21:06 - Economic Outlook and Consumer Confidence 24:01 - Conclusion and Contact Information Mike, thanks for coming on the podcast. If you'd like to reach out to Mike, you can check him out on his LinkedIn page here. As always, if you have any questions or anything that you need help with, leave a comment down below if you're interested. Don't forget to leave us a review on iTunes if you enjoy our content. Thanks for listening! Until next time, happy selling!
A tale of two economies. A surprisingly strong report but why don't things feel more affordable for most Americans? Plus, a look at who is getting in and who is getting out this midterm season. Also, MAGA embraces Nicki Minaj. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Today on America in the MorningTrump Highlighted In New Epstein File Release The Justice Department is continuing to roll out the release of tens of thousands of documents related to the Jeffrey Epstein case, but Democrats argue the redactions contained in some of those documents as well as the timing of the release violates the law passed by Congress a few weeks ago. John Stolnis has more from Washington. Severe West Coast Weather A huge storm could dump a month's worth of rain onto Southern California in just a couple of days, but that's just one problem among many facing people along the entire West Coast. Correspondent Rich Johnson has more from Seattle. SCOTUS Rules On National Guard The United States Supreme Court has handed the Trump administration a major defeat on National Guard troop deployments. Lisa Dwyer reports on how the high court's decision will impact the deployment of troops in U.S. cities. Nursing Home Explosion A massive explosion has rocked a nursing home near Philadelphia, as crews worked through the night to search for survivors. Texas Plane Crash Authorities in Texas are investigating as multiple people have died after a Mexican Navy plane crashes in the Lone Star State. Correspondent Mike Hempen reports. Conway For Congress A critic of Donald Trump who was once married to an important ally of the president is planning to make a run to join the New York delegation in Congress. Correspondent Julie Walker reports on the plans of George Conway. Latest On US-Venezuela Venezuela's government passed a law against piracy, but that has not stopped the United States military from targeting boats allegedly hauling drugs to America, and oil tankers carrying Venezuelan crude leaving that South American nation. Mother Charged In Daughter's Murder A gruesome discovery has led to the arrest of the mother of a missing 9-year-old California girl. Sue Aller reports that police have made an arrest in the child's brutal murder – taken into custody was that little girl's mother. Thunberg Arrested Again Greta Thunberg, the climate activist and anti-Israel demonstrator who was recently taken into custody in Israel for attempting to violate maritime laws into the Gaza Strip, was arrested in London, this time for protests against the detainment of pro-Palestinians representing a terrorist group who are on a prison hunger strike. Correspondent Karen Chammas reports. Delaware State Trooper Killed A Delaware State Trooper is dead after a confrontation at a motor vehicle facility outside of Wilmington on Tuesday. Consumer Confidence Down There are headwinds for the economy, as the latest Consumer Confidence report continues to trend lower. Correspondent Mike Hempen reports. KAG Remains Free A judge has ruled that Immigration and Customs Enforcement is barred from re-detaining Salvadoran native Kilmar Abrego Garcia through the Christmas holiday. Chief's New Home One of the NFL's most successful modern franchises is making a move across state lines. Correspondent Gethin Coolbaugh reports – audio courtesy of KMBC-TV Kansas City, Missouri. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Mark and Cris are joined by Natalie Gochnour, associate dean in the David Eccles School of Business and director of the Kem C. Gardner Policy Institute at the University of Utah, and Moody's Analytics' head of regional economics Adam Kamins to learn some of the secrets behind one of the nation's most successful states. From demographics to governance to the ski slopes, Natalie shares lessons learned from her decades working in and for Utah, including what to call residents of the Beehive State (hint: don't even think about adding a second “a.”).The gang also talks about newly-released third quarter GDP data and The Conference Board's most recent consumer confidence survey. Finally, Mark capitalizes on his knowledge of Cris's mannerisms to claim victory in the stats game.Guest: Natalie Gochnour, Associate Dean in the David Eccles School of Business and Director of the Kem C. Gardner Policy InstituteHosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's AnalyticsFollow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Investors will be monitoring the GDP and Consumer Confidence reports with earnings season in hibernation during a shortened holiday week.Important DisclosuresThis material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results.Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment.Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument.Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intended. Please read more about risks of trading cryptocurrency futures here.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0131-1225) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
It was another very quiet, low-volume session ahead of tomorrow's Christmas Eve early close. Big tech was mostly higher with Nvidia faring best. Today's economic data offered mixed macro takeaways with stronger hard data (GDP, ADP private payrolls) but weaker soft data (Consumer Confidence, Richmond Fed Index).
Sucharita Kodali and Owen Carr dissect the U.S. consumer landscape, noting a peculiar divergence: declining confidence juxtaposed with robust spending. They observe a shift towards lower-priced goods, especially in e-commerce, while "buy now, pay later" schemes see explosive growth. Both eye 2026, with Carr predicting a strong start despite underlying concerns about deferred payments, and Kodali emphasizing the importance of retail performance from companies like Walmart (WMT), Costco (COST), Amazon (AMZN), and Ulta Beauty (ULTA) as key indicators of consumer health.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Consumer confidence has been dropping. AP correspondent Mike Hempen reports.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
The White House's first reaction to GDP and Consumer Confidence. NEC Director Kevin Hassett joins the show live from Washington. Then the CEO of shopping center operator Tanger. With his outlook for consumer spending and what it signals about the health of the economy. Plus, two of the world's top AI scientists engage in a heated public debate over the future of the technology. Those details, this hour. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The U.S. economy grew 4.3 percent in Q3, while consumer confidence fell in December over jobs and the broader outlook.
APAC stocks eventually traded mixed after initially taking their cue from Wall Street, although volumes and news flow remained subdued as markets wound down for the holiday period.JPY extended its prior session's advances, and USD/JPY eventually dipped under 156.00, whilst the CNH saw notable strength. US President Trump said the US will keep the ships and oil seized near Venezuela.Novo Nordisk (NOVOB DC) said the Wegovy pill is approved in the US as the first oral GLP-1 treatment for weight management.European equity futures are indicative of an uneventful cash open with the Euro Stoxx 50 U/C after cash closed -0.3% on Monday.Looking ahead, highlights include German Import Prices (Nov), Spanish GDP Final (Q3), US Richmond Fed (Dec), Durable Goods (Oct), GDP Advance (Oct), PCE Prices (Q3), Industrial Production, Consumer Confidence, Canadian GDP, BoC Minutes (Dec Meeting), Supply from US. Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
US President Trump said US will keep ships and oil seized near Venezuela.European bourses are mixed on either side of the unchanged mark, US equity futures are mostly incrementally firmer ahead of US data.DXY is under pressure whilst the JPY continues to strengthen; Antipodeans benefit from strength in metals prices.JGBs lead global fixed income higher after PM Takaichi rejected any "irresponsible bond issuance or tax cuts", via a Nikkei interview.Crude benchmarks trade rangebound, whilst spot gold eyes USD 4.5k/oz to the upside.Looking ahead, highlights include US Richmond Fed (Dec), Durable Goods (Oct), GDP Advance (Oct), PCE Prices (Q3), Industrial Production, Consumer Confidence, Canadian GDP, BoC Minutes (Dec Meeting), Supply from US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
From festive traditions to financial realities, this episode covers a wide range of timely topics as the year comes to a close. We start with a lighter look at the season, unpacking some of this year's biggest holiday trends, starting with Elf on the Shelf's Marietta roots. Elf on the Shelf has grown from a simple idea into a global enterprise. Its deep connection to holiday tradition has helped create a sustainable, enduring business model year after year. Next we jump into the shopping trends from Labubu to Crumbl Cookies to luxury items. We consider what current consumer spending trends reveal about shoppers' confidence. We'll discuss what a K-shaped recovery tells us about consumer financial health and what it could mean for the economy heading into the new year.From there, we turn to the economy, diving into recently released data including November's employment growth and the current unemployment rate. Is the AI trend fully supporting our economy? In some ways yes, but we're also seeing the broader market catch up to the Magnificent Seven. Student loans are also back in the spotlight, with significant changes carrying major implications for millions of borrowers. We break down what's happening with income-driven repayment plans, including updates to IBR and the emerging Repayment Assistance Plan, and how these shifts may affect monthly payments and long-term forgiveness timelines. Our host KC was recently quoted in CNBC on these developments, and we'll explain what the legal and policy changes mean for your financial future.Finally, we look ahead to upcoming tax-law changes tied to higher education, including repayment plan phase-outs and expanded rules around federal education benefits—part of the broader One Big Beautiful Bill that could reshape student debt and college costs in the years ahead.Join hosts Nick Antonucci, CVA, CEPA, Director of Research, and Managing Associates K.C. Smith, CFP®, CEPA, and D.J. Barker, CWS®, and Kelly-Lynne Scalice, a seasoned communicator and host, on Henssler Money Talks as they explore key financial strategies to help investors navigate market uncertainty. Henssler Money Talks — December 20, 2025 | Season 39, Episode 51Timestamps and Chapters6:01: Holiday Fads & Favorites 13:52: Holiday Spending Checkup27:49: Employment Data and Market Breadth37:31: The Student Loan Reset: New Rules, New Risks, New DecisionsFollow Henssler: Facebook: https://www.facebook.com/HensslerFinancial/ YouTube: https://www.youtube.com/c/HensslerFinancial LinkedIn: https://www.linkedin.com/company/henssler-financial/ Instagram: https://www.instagram.com/hensslerfinancial/ TikTok: https://www.tiktok.com/@hensslerfinancial?lang=en X: https://www.x.com/hensslergroup “Henssler Money Talks” is brought to you by Henssler Financial. Sign up for the Money Talks Newsletter: https://www.henssler.com/newsletters/
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property Tax
The latest wave of delayed government data is finally in, and it's helping the CRE community reestablish a clearer view of the economy heading into 2026. Join Omar and Cole as they interpret new banking, retail, PPI, and sentiment indicators, translating them into implications for capital availability, demand, and development pipelines. Key Moments:01:12 Quarterly Banking Profile insights05:49 Commercial real estate lending trends10:36 Retail sales and economic indicators13:02 Producer Price Index analysis15:07 Federal Reserve's Beige Book highlights22:42 Consumer Confidence and GDP Nowcast28:11 Upcoming data releases and final thoughts Resources Mentioned:FDIC Quarterly Banking Profile - https://www.fdic.gov/quarterly-banking-profileUS Bureau of Labor and Statistics Producer Price Index - https://www.bls.gov/pPI/US Census Bureau Advance Retail Trade Report - https://www.census.gov/retail/sales.htmlFederal Reserve Beige Book - https://www.federalreserve.gov/monetarypolicy/publications/beige-book-default.htmThe Conference Board US Consumer Confidence Index - https://www.conference-board.org/topics/consumer-confidence/index.cfmGDP Now - https://www.atlantafed.org/cqer/research/gdpnowUS Commercial Real Estate Transaction Analysis – Q3 2025 - https://www.altusgroup.com/insights/us-commercial-real-estate-transaction-analysis-q3-2025Email us: altusresearch@altusgroup.comThanks for listening to the “CRE Exchange” podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CRE #CommercialRealEstate #Property
Join 'Einstein on Wall Street' as he delivers a forensic breakdown of today's market activities from the New York Stock Exchange floor. Today's episode covers market movements, the AI sector's resilience, and robust consumer confidence as evidenced by strong retail numbers. With critical economic data and upcoming Federal Reserve decisions in focus, discover how these elements shape market trends and investor sentiment. Stay informed and engaged with expert insights and analysis to navigate the financial landscape effectively. Follow Peter on Instagram: @einsteinofwallst 00:00 Welcome to the Show! 00:43 Daily Market Wrap-Up 00:52 Market Analysis and Trends 01:11 AI and Economic Indicators 02:12 Consumer Confidence and Spending 02:59 Fed's Upcoming Decisions 03:15 Market Performance and Predictions 04:01 Final Thoughts and Encouragement 04:25 Closing Remarks All investing involves the risk of loss, including loss of principal. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.
Scott Hoyt joins the podcast to provide a look into the holiday retail season and to discuss the state of the U.S. consumer more broadly. The team reviews the downbeat data on consumer confidence, the labor market, inflation and housing, and contemplates the implications for consumer spending this Christmas. The team remembers to take a listener question on income inequality and the mood gets even darker. Happy Thanksgiving everyone!Hosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's AnalyticsFollow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Alphabet (GOOGL) and Nvidia (NVDA) stole the show when it came to market movers, though Sam Vadas and Marley Kayden explain how economic data, discussions around the next Fed chair, Ukraine peace talks and China all play into underlying price action. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
AP's Lisa Dwyer reports on a drop in consumer confidence.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Consumer confidence in the U.S. has fallen sharply, with Americans reporting growing pessimism about business conditions, labor markets and household incomes. As inflation and job losses weigh heavily on workers, spending expectations for major purchases are declining even as the holiday shopping season ramps up. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company:https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices
PREVIEW Measuring Local Economy Amid Low Consumer Confidence Jim McTague Jim McTague visited Kitchen Kettle Village in Lancaster County, observing lots of tourists and entrepreneurs with business seemingly going well. This local economic activity, where people appeared hungry and eager to spend money, contrasts with national reports stating that the consumer confidence number is at an all-time low.
Jim McTague reports that the economy in Lancaster County, Pennsylvania, is strong, suggesting it mirrors the greater US economy despite reports of low consumer confidence, observing robust traffic at tourist destinations like Kitchen Kettle Village, a shopping locale established in 1954, with spending largely supported by well-off boomers. Local entrepreneurs are experiencing great success—a dealer selling eclectic electric lamps in Park City Mall is already earning $4,500 per week at the start of the holiday season, and high volume at Costco, where the Amish are major buyers, further indicates available disposable income. McTague concludes that the real economy on Main Street is strong and likely headed for a blockbuster Christmas season. 1954
Stocks are up. Consumers are cautious. We unpack the widening gap between Wall Street's rally and Main Street's reality, from falling consumer confidence to rising credit card balances. And how you should approach it from an investment perspective.
The News RundownSteve leads off with the latest tariff turmoil, as trade negotiations between the U.S. and Canada stall amid the Trump administration's response to an ad created and paid for by the Ontario government running in U.S. media whose key auto sector is endangered by Trump trade policies. They also explore luxury corporate earnings, where Hermès continues to shine, while. Gucci owner Kering struggles to regain footing. Meanwhile, Mattel falls short as retailers tighten orders ahead of the holidays.The discussion then turns to job cuts at Target, Amazon, GM, and Nestlé, revealing how automation, AI, and tariff pressures are reshaping corporate structures, before turning to Amazon's plan to replace up to 600,000 roles with robotics. They also cover ChatGPT's meteoric rise to No. 2 in product search, challenging Google and signaling a shift in how consumers discover products.Throughout, they underscore the precariousness of retail confidence heading into the holiday season — from Tractor Supply's cautious guidance to Deckers' HOKA sales slowdown.Blank Canvas Strategy: Finding Retail's 'New Earth'In the second half, Steve introduces "Blank Canvas Strategy"— a methodology for retailers to reimagine their businesses from the ground up, free from legacy constraints. Unlike Blue Ocean Strategy, which focuses on discovering compltey untapped markets, this framework helps brands reinvent their core business models before disruption makes them irrelevant.Steve urges leaders to recognize when their "planet" (current business model and market domain) becomes uninhabitable, and to begin building "Earth Two" — an alternative growth destination. Together, the hosts examine why incremental change doomed once-iconic retailers like Blockbuster, Sears, and Pier 1, and how others like Dick's Sporting Goods and RH (Restoration Hardware) succeeded by boldly innovating their business designs.They close by discussing how executives can carve out time, treasure, and talent for R&D, overcome the fear of cannibalization, and lead with the courage to disrupt themselves before competitors do.After the focused content discussion it's on to the most remarkable stories of the week, including Walmart's massive commitment to deploying 90 million supply-chain sensors to track pallets and fresh-food products.The episode wraps with what needs to be on everyone's radar screens. One recommendation: keep your eyes on "GU" the first U.S. store fromUniqlo's parent company, Fast Retailing. Located in New York's Soho neighborhood, Gu is a bright, energetic space with "eye-poppingly good prices" and strong shopper buzz. About UsSteve Dennis is a strategic advisor and keynote speaker focused on growth and innovation, who has also been named one of the world's top retail influencers. He is the bestselling authro of two books: Leaders Leap: Transforming Your Company at the Speed of Disruption and Remarkable Retail: How To Win & Keep Customers in the Age of Disruption. Steve regularly shares his insights in his role as a Forbes senior retail contributor and on social media.Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and now, media entrepreneur. He has been on the front lines of retail industry change for his entire career. Michael has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada's Retail Marketing conference with leaders from Walmart & Google. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, CanWest Media, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.Michael produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in America, Remarkable Retail with his partner, Dallas-based best-selling author Steve Dennis; Canada's top retail industry podcast The Voice of Retail and Canada's top food industry and one of the top Canadian-produced management independent podcasts in the country, The Food Professor with Dr. Sylvain Charlebois from Dalhousie University in Halifax.Rethink Retail has recognized Michael as one of the top global retail experts for the fourth year in a row, Thinkers 360 has named him on of the Top 50 global thought leaders in retail, RTIH has named him a top 100 global though leader in retail technology and Coresight Research has named Michael a Retail AI Influencer. If you are a BBQ fan, you can tune into Michael's cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.Michael is available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state and future of the retail industry in North America and around the world.