Podcasts about Federal Reserve Bank

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Latest podcast episodes about Federal Reserve Bank

Lifetime Cash Flow Through Real Estate Investing
Housing Bubble 2.0 Is Bigger Than 2008 | Ep. 1,276

Lifetime Cash Flow Through Real Estate Investing

Play Episode Listen Later Jul 20, 2026 28:34


Danielle DiMartino Booth is the founder and CEO of QI Research, a global macroeconomic and market intelligence firm she launched in 2015 after spending nine years at the Federal Reserve Bank of Dallas, where she advised President Richard W. Fisher during the financial crisis. A leading expert on monetary policy and financial markets, she is the author of FED UP and a frequent contributor to CNBC, Bloomberg, Fox Business, Yahoo Finance, and The Wall Street Journal, bringing decades of experience from the Federal Reserve, Credit Suisse, and Donaldson, Lufkin & Jenrette. You can check out Danielle's youtube channel here: https://www.youtube.com/@DanielleDiMartinoBoothQI  Here's some of the topics we covered: From Wall Street to the Federal Reserve and why she became "Fed Up" How Federal Reserve policies fueled housing bubbles and distorted the economy Why inflation, jobs, and economic data may be telling the wrong story The growing distress in multifamily real estate and where the biggest opportunities lie Housing Bubble 2.0, changing demographics, and why home prices still have room to fall Recession risks, AI-driven job losses, and the future of the U.S. labor market What comes next for interest rates, inflation, and the American economy   To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com    For more about Rod and his real estate investing journey go to www.rodkhleif.com   Please Review and Subscribe  

David Jackson Productions
How the Federal Reserve Measures the High Country Economy

David Jackson Productions

Play Episode Listen Later Jul 16, 2026 39:25 Transcription Available


The Federal Reserve System is the central bank of the United States. Its mandate is to promote the effective operation of the U.S. economy. Sometimes such high-flying agencies or policy influencing organizations can feel detached from the day-to-day experiences that make up the High Country economy. However, the Federal Reserve uses a network of economists and data analysts to ensure the voice of Main Street is being heard and helping inform Federal policy and direction.On this week's Mind Your Business, we visit with Bethany Greene, Regional Economist for the Charllotte Branch of the Federal Reserve Bank of Richmond. Bethany monitors regional economic trends through data analysis and engagements with the business community in North and South Carolina. We'll discuss the role of the Fed, and how they extract data from locations across the region in a manner that ultimately shows up in policy shaping discussions. We'll also talk about the recent transition of Fed Chair Kevin Warsh, what Western North Carolina can expect, economically speaking, as we move further away from the physical impacts of Hurricane Helene, and what's on the horizon in terms of economy shaping influences.Mind Your Business is written and produced weekly by the Boone Area Chamber of Commerce. This podcast is made possible thanks to the sponsorship support of Appalachian Commercial Real Estate.Catch the show each Thursday afternoon at 5PM on WATA (1450AM & 96.5FM) in Boone.Support the show

The Problem With Jon Stewart
The Fed, Unreserved with Chicago Fed President Austan Goolsbee

The Problem With Jon Stewart

Play Episode Listen Later Jul 15, 2026 82:10


As the Fed's new leadership navigates persistent inflation and economic uncertainty, Jon is joined by Austan Goolsbee, President of the Federal Reserve Bank of Chicago, to better understand how America's most powerful economic institution actually works. Together, they explore the Fed's origins and mandate, examine what the Fed can do as prices remain stubbornly high, and consider how the economic operating system Americans live within can work better for everyone. Plus, Jon takes listeners' questions about fact-checking Trump, understanding Fetterman, and farts! This episode is brought to you by: SMALLS - For a limited time, get 60% off your first order, plus free shipping, when you head to https://Smalls.com/TWS. SHOPIFY - Turns out you don't need a real job. Build your own business with a free trial at https://shopify.com/tws AVOCADO GREEN MATTRESS -  Find an Avocado near you or shop online at https://AvocadoGreenMattress.com/TWS  — and check out their mattress and bedding sale! MAGIC SPOON - Get $5 off your next order at https://magicspoon.com/tws Follow The Weekly Show with Jon Stewart on social media for more:  > YouTube: https://www.youtube.com/@weeklyshowpodcast > Instagram: https://www.instagram.com/weeklyshowpodcast > TikTok: https://tiktok.com/@weeklyshowpodcast  > X: https://x.com/weeklyshowpod   > BlueSky: https://bsky.app/profile/theweeklyshowpodcast.com Host/Executive Producer – Jon Stewart Executive Producer – James Dixon Executive Producer – Chris McShane Executive Producer – Caity Gray Producer – Brittany Mehmedovic  Producer – Gillian Spear Video Editor & Engineer – Rob Vitolo Audio Editor & Engineer – Nicole Boyce Music by Hansdle Hsu Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speaking of the Economy
The Challenges and Opportunities of Rural Economic Development

Speaking of the Economy

Play Episode Listen Later Jul 15, 2026 14:42


Daniel Davis talks about the barriers that rural communities face in fully realizing their economic potential and how economic development professionals have addressed those barriers. He also shares insights on this topic from the speakers at an Investing in Rural America webinar in June 2026. Davis is group vice president for regional economics at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_07_15_rural_econ_dev

Buying Online Businesses Podcast
The Financing Trap That Kills Online Business Deals Before They Even Close with Ami Kassar

Buying Online Businesses Podcast

Play Episode Listen Later Jul 15, 2026 37:22


A business can look profitable. The broker can call it “SBA pre-qualified.” The numbers can seem solid. And the deal can still be a disaster waiting to happen. Because financing doesn’t just help you buy a business. Structured badly, it can trap you in a deal that should never have closed in the first place. Ami Kassar has seen what happens when buyers get this wrong. One e-commerce acquisition he discusses was built around a single product. Just weeks after the transaction closed, a better product hit the market. The business was dead. And that’s only one version of the risk. Buyers jump into industries they’ve never operated in. They rely too heavily on one product, one supplier, or one sales channel. They treat lender pre-qualifications like guarantees. They rush because a seller wants to close fast. Or they take expensive “easy money” because speed feels more important than structure. That’s where deals get dangerous. In this episode, Jaryd sits down with Ami Kassar to unpack what buyers need to understand before taking on acquisition debt — from why SBA pre-qualifications may mean far less than you think, to what lenders actually look for in you and the business you’re buying. They break down how to improve your fundability before the right deal appears, why post-close liquidity matters, when seller involvement can help get a transaction financed, and why working capital should be part of the conversation before you ever sign on the dotted line. But the bigger lesson goes beyond getting approved. Ami believes the smartest financing strategy is the one that gives you maximum flexibility — because the goal isn’t to build the biggest portfolio, take on the most leverage, or grow at a pace that destroys your sleep. It’s to structure a deal you can actually live with.

Densely Speaking
S5E1 - Exploring the Social Life of Urban Spaces Through AI (Arianna Salazar-Miranda)

Densely Speaking

Play Episode Listen Later Jul 14, 2026 46:00


Exploring the Social Life of Urban Spaces through AI (Arianna Salazar-Miranda) Welcome to the fifth season of Densely Speaking! Subscribe today for automatic delivery of future interviews, and please take a moment to rate and review us—it helps others find the show and become introduced to wonderful authors doing cutting-edge work on cities, economics & law. Arianna Salazar-Miranda is an Assistant Professor of Urban Planning and Data Science at the Yale School of the environment. She is the author of Exploring the Social Life of Urban Spaces Through AI (with Zhuangyuan Fan, Michael Baick, Keith N. Hampton, Fabio Duarte, Becky P. Y. Loo, Edward Glaeser, and Carlo Ratti). Appendices: Arianna Salazar-Miranda: The World in the Year 2000 Greg Shill: Sidewalk Government and Sidewalk Nation: The Life and Law of America's Most Overlooked Resource by Michael Pollack. Jeff Lin: What Holly Whyte's “Social Life” Film Can Teach Us Today by Anne Tan-Detchkov at Project for Public Spaces discusses the film in question and Statistical Models and Shoe Leather by David Freedman discusses regression analysis and advocates for broader, holistic observational work within the social sciences. Follow us on the web and on Bluesky at @jeffrlin.bsky.social and @gregshill.com. Producer: Nathan Spindler-Krage The views expressed on the show are those of the participants, and do not necessarily represent the views of the Federal Reserve Bank of Philadelphia, the Federal Reserve System, or any of the other institutions with which the hosts or guests are affiliated.

Bloomberg Talks
Former NY Fed President Bill Dudley Talks Warsh Testimony

Bloomberg Talks

Play Episode Listen Later Jul 14, 2026 5:48 Transcription Available


William Dudley, former president of the Federal Reserve Bank of New York and Bloomberg Opinion Columnist, says Federal Reserve Chairman Kevin Warsh has to communicate more with markets, or he'll become less influential. He appears on "Bloomberg Surveillance" to talk about Warsh's testimony before Congress.See omnystudio.com/listener for privacy information.

new york congress testimony federal reserve bank warsh ny fed bill dudley bloomberg surveillance william dudley
Finding the Funny: Leadership Tips From a Comedian
I'm Not the CEO of Comedy . . . of Costco

Finding the Funny: Leadership Tips From a Comedian

Play Episode Listen Later Jul 14, 2026 3:55


Do you get werid reactioms when you tell people your job? Because I do. And not only weird reactions, but weird questions. Comedian isn't common, but that doesn't mean you can't make a great living at it. Here's a quick short story about some of the reactions I've gotten when I tell people I'm a comedian. https://www.TheWorkLady.com  Jan McInnis is a top change management keynote speaker, comedian, and funny motivational speaker who helps organizations use humor to handle change, build resilience, and strengthen leadership skills. With her laugh-out-loud stories and practical tips, Jan shows audiences how humor isn't just entertainment—it's a business skill that drives communication, connection, and stress relief.   A conference keynote speaker, Master of Ceremonies, and comedy writer, Jan has written material for The Tonight Show with Jay Leno as well as radio, TV, and syndicated cartoon strips. She's the author of two books—Finding the Funny Fast and Convention Comedian—and her insights on humor in business have been featured in The Wall Street Journal, The Washington Post, and The Huffington Post. For over 25 years, she has been helping leaders and teams discover how to bounce back from setbacks, embrace change, and connect through comedy.   Jan has delivered keynote speeches at thousands of events nationwide, from the Federal Reserve Banks to the Mayo Clinic, for industries that include healthcare, finance, government, education, women's leadership events, technology, and safety & disaster management. Her client list features respected organizations such as: Healthcare: Mayo Clinic, Kaiser Permanente, Abbott Pharmaceuticals, Health Information Management Associations, Assisted Living Associations Finance: Federal Reserve Banks, Merrill Lynch, Transamerica Insurance, BDO Accounting, American Institute of CPAs, credit unions, banking associations Government: U.S. Air Force, Social Security Administration, International Institute of Municipal Clerks, National League of Cities, public utilities, correctional associations Women's Leadership Events: Toyota Women's Conference, Go Red for Women, Speaking of Women's Health, Soroptimists, Women in Insurance & Financial Services Education: State superintendent associations, community college associations, Head Start associations, National Association of Elementary and Middle School Principals Safety & Disaster: International Association of Emergency Managers, Disney Emergency Management, Mid-Atlantic Safety Conference, risk management associations   Her background as a Washington, D.C. marketing executive gives her a unique perspective that blends business acumen with stand-up comedy. Jan was also honored with the Greater Washington Society of Association Executives "Excellence in Education" Award. Along with her podcast Finding the Funny: Leadership Tips from a Comedian, Jan also produces Comedian Stories: Tales From the Road in Under 5 Minutes. Whether she's headlining a major convention, hosting a leadership retreat, or teaching resilience at a safety conference, Jan's programs give audiences the tools to laugh, learn, and lead.  

Macro Musings with David Beckworth
Stephan Luck on What History can Teach Us about Financial Stability

Macro Musings with David Beckworth

Play Episode Listen Later Jul 13, 2026 57:47


Stephan Luck is a Financial Research Advisor at the Federal Reserve Bank of New York. In Stephan's first appearance on the show, he discusses how the 2008 Great Financial Crisis shaped his career, how he and his coauthors leverage LLMs to comb through massive amounts of historical data, what this data can teach us about responding to bank failures, what people get wrong when they try and make historical analogies to the GENIUS era, the lessons we can learn from the German hyperinflation, and much more. Watch the full length video on our new YouTube Channel! Check out the transcript for this week's episode, now with links. Recorded on June 1st, 2026 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David on X: @DavidBeckworth Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Timestamps 00:00:00 - Intro 00:02:55 - Stephan's Career 00:11:21 - Bank Failures 00:28:19 - Policy Implications of Bank Failures 00:37:21 - National Banking System 00:46:30 - German Hyperinflation 00:57:06 - Outro

AURN News
American Household Debt Reaches Another Record High

AURN News

Play Episode Listen Later Jul 9, 2026 1:02


American household debt climbed to a record $18.8 trillion during the first quarter of 2026, according to the Federal Reserve Bank of New York. Rising mortgage delinquencies, worsening student loan repayment trends and more foreclosures underscore the growing financial pressure facing many households. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Speaking of the Economy
Helping Hands

Speaking of the Economy

Play Episode Listen Later Jul 8, 2026 11:10


John Bailey Jones and Jason Kosakow discuss their research on how family members and friends give their time and money to help each other and how these transfers benefit households. Jones is vice president of microeconomic analysis and Kosakow is survey director, both at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_07_08_helping_hands

The WorldView in 5 Minutes
The Worldview needs to raise $123,500 by 7/31 to stay on the air; LEGO pushes sexual perversion; Chinese pastor Ezra Jin released from prison

The WorldView in 5 Minutes

Play Episode Listen Later Jul 7, 2026


It's Tuesday, July 7th, A.D. 2026. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson, Timothy Reed, and Adam McManus Chinese pastor Ezra Jin released from prison Praise God! Chinese House Church Pastor Ezra Jin has been released from a communist prison!   This comes after US President Donald Trump brought up his case with the Chinese president last month. China Aid interprets the action as a  “goodwill gesture coinciding with America's Independence Day.” Bob Fu of China Aid noted that “While we celebrate Pastor Jin's freedom, our hearts remain with the countless jailed pastors and coworkers from Zion Church as well as priests, bishops, and house church Christians. . . who remain unjustly imprisoned by the Chinese Communist Party.”   Pastor Jin's daughter, Grace Jin Drexel, has spoken out on national media and lobbied Congress and the President for the release of her father since he was arrested last October.  Iran sentenced five people to death Iranian courts have sentenced five more people to death because they participated in alleged “anti-government” activities in recent protests. This adds to the 1,639 persons executed in 2025, according to Iran International.  Iranian officials call for Trump's assassination Calls for President Trump's assassination from Iranian government officials and the crowd of hundreds of thousands on the streets of Tehran were plentiful, according to the New York Post. One banner promised $100 million for the person who kills the US President, according to reports from Iran International.   Cuba's nationwide blackout Another communist country, Cuba, is in serious economic and social disintegration. The country experienced a nationwide blackout over the weekend — affecting transportation, crucial medical care, and government operations, reports FoxNews. That's the third blackout in six months. Russian missiles and drones killed 21 Ukrainian citizens Russian missiles and drones killed 21 Ukrainian citizens in a blitz attack on Kiev over the weekend. Another 100-plus people were injured in the attacks, that came at the eve of a NATO summit, reports the BBC. President Donald Trump reports to have had a lengthy “constructive” conversation with Russian President Vladimir Putin on Saturday.  LEGO pushes sexual perversion The Denmark-owned LEGO company is openly pushing homosexual Pride parades, homosexual faux marriage, and other homosexualized themes for children. The LEGO company's pride month celebration included a contest intended to groom children in homosexual ideologies. In the words of their website, LEGO seeks to “celebrate everyone you love.” In Matthew 18:6, Jesus said, “But whoever causes one of these little ones who believe in Me to sin, it would be better for him if a millstone were hung around his neck, and he were drowned in the depth of the sea.” Evangelical Christian edges out RINO in Colorado's governor race An evangelical Christian, Victor Marx, has edged out the middle-of-the-road Republican candidate in Colorado's gubernatorial race, reports Colorado Newsline. After 97% of the primary vote count has come in, Marx maintains a 1% lead. A recount may still be in the works. Trump-endorsed candidates and conservative candidates have won so far in Texas, Louisiana, Indiana, and Georgia. Abortion is up despite Roe v. Wade's demise Despite the U.S. Supreme Court's overturn of Roe v. Wade in 2022, abortions continue to rise in the United States.  The most recent numbers indicated 1.13 million abortions nationwide last year. That's up from 862,000 in 2017, reports The Christian Post. While a number of Republican-leaning states have restricted abortion, many Democrat-leaning states have opened up access to abortions.  Additionally, the Abortion Kill Pill is accessible in all states, and remains the largest driver in the uptick of abortion numbers. Psalm 94:21 says, “They gather together against the life of the righteous, and condemn innocent blood.” Dept. of Justice cracks down on medical fraud The Department of Justice is cracking down on medical fraud. More than 450 defendants were named in the latest fraud bust, with the fraud totaling more than $6.5 billion!  Robert F. Kennedy Jr., head of the Department of Health and Human Services, explained the implications of the far-reaching medical fraud bust. KENNEDY: “Our objective is straightforward: to stop the fraud before it happens. “The people charged today should understand that we will continue expanding these capabilities, strengthening and enforcement, and pursuing every credible allegation of fraud. If you exploit patients for profit, if you steal Medicaid or Medicare dollars, if you treat taxpayer dollars as your personal bank account, we will investigate you. “We will build the case, and we will bring you to justice. We will find fraud, we will stop it, we will recover taxpayer dollars whenever the law permits, and we will restore integrity to the programs that millions of Americans rely on for their care.” 7 million illegals under Biden drove up housing costs A new report out of the Federal Reserve Bank of Dallas detailed the massive impact illegal immigration has had on housing prices. Per the report, around seven million illegal immigrants entered the United States during the Biden presidency, which contributed greatly to soaring housing prices. The report further read, “A back-of-the-envelope calculation suggests that [unauthorized immigrant worker flows] can explain about 30% of the total growth in house prices and 20% of total growth in rents over the boom period for the average local market.” And Lora Ries of the Heritage Foundation asserted, “We have at least 20 million deportable aliens in the U.S. Deporting millions of them will free up the housing supply, bring down housing costs, and allow young Americans to buy homes and start families.” But are there enough workers in America to do the work?  Fewer and fewer able-bodied Americans are willing to work.  The U.S. Labor Participation rate has dipped to 61.5% — down from 67% in the early 2000s. Unemployment is running at 4.2% — slightly higher than unemployment rates prior to the Covid pandemic in 2019. Worldview listeners weigh in from Canada, Georgia and Illinois Keith Lozon in Windsor, Ontario Canada wrote me at Adam@TheWorldview.com. He said, “I listen to The Worldview in 5 Minutes every day from Monday through Friday along with the ‘Morning Wire' and Albert Mohler's ‘The Briefing.' That's how I start my day.” Amy Zdunowski in Waverly Hall, Georgia wrote, “I listen to The Worldview in the mornings as I get ready for the day. I just started listening this year. I enjoy hearing a recap of the news, especially stories about Christians around the world that you don't hear about on other platforms.” And Pat Link in Park Ridge, Illinois wrote, “I start my day with a Daily Devotion, then read The Worldview and pray and praise to God for the news stories.  Then, I read my Bible and understand more and more the guide book to my Heavenly home.” 15 Worldview listeners gave $4,249 over the weekend and on Monday And finally, over the weekend and on Monday, 15 Worldview listeners stepped up to the plate and invested their treasure to fund the six-member team behind The Worldview for another 365 days. Our thanks to Sara in Lawndale, Nebraska who gave $5 as well as Leah in Franklin, Kentucky, Lydia in Kailua Kona, Hawaii, and Aaliyah in Kailua Kona, Hawaii – each of whom gave $25. We appreciate Asher in Reisterstown, Maryland who gave $59, MariaLee in Gladstone, Missouri who gave $60, Pete in Phoenix, Arizona who gave $100, Dawna in Troy, Montana who gave $150, and Rick in Kailua Kona, Hawaii who gave $200. And we're grateful to God for the generosity of Dan in Chanhassen, Minnesota and Debra in West Winfield, New York – both of whom gave $250, Dana in Montgomery, Texas and Diana in Siloam Springs, Arkansas – both of whom gave $500, Peter in Springfield, Ohio who gave $600, and Roger in Crossville, Tennessee who gave $1,500. Those 15 gifts add up to $4,249. That's the most given in the first five broadcast days of July. Ready for our new grand total? Drum roll please. (drum roll sound effect) $10,951. (sound effect of people cheering) We need to raise $19,924 by this Friday, July 10th toward our $123,500 finish line come July 31st. We need to find 7 Worldview listeners who will pledge $100 per month for 12 months or give a one-time gift of $1,200, 9 folks who will pledge $50/month or give a one-time gift of $600 and 18 listeners who will pledge $25 per month or give a one-time gift of $300. Go to TheWorldview.com, click on Give, select the dollar amount, and make sure to click on the “recurring” button if that's your wish.  This Christian newscast champions the truth and a Biblical worldview. That's why you love it!  Invest in it today so that this newscast can continue. Again, go to TheWorldview.com, and click on Give. Close And that's The Worldview on this Tuesday, July 7th, in the year of our Lord 2026. Subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

Conduit Street Podcast
The Briefing Room: Why Housing Costs More Than Ever

Conduit Street Podcast

Play Episode Listen Later Jul 7, 2026 49:22


Housing projects do not rise or fall only on land, design, or political will. They also rise or fall with the cost of capital, aka the capital stack. In Episode 2 of The Briefing Room, Dom Butchko and Terry Hickey are joined by Brian McLaughlin, entrepreneur and Board Member of the Baltimore Branch of the Federal Reserve Bank of Richmond, to examine how interest rates, borrowing costs, inflation, insurance, trade policy, tariffs, and broader national economic conditions affect whether housing projects can pencil out.The conversation connects federal and national policy decisions to the realities facing developers, lenders, local governments, and communities across Maryland, exploring why tighter financing conditions can widen funding gaps, delay projects, and make housing production more difficult even when demand remains high.Whether you're a policymaker, housing professional, or simply interested in why housing has become more expensive to build, this episode offers valuable insight into the financial realities shaping housing development today.Follow us on Socials!MACo on TwitterMACo on Facebook

Finding the Funny: Leadership Tips From a Comedian
The Comedy Club Night I got Paid to Leave

Finding the Funny: Leadership Tips From a Comedian

Play Episode Listen Later Jul 7, 2026 4:30


You can get PAID time off when working comedy clubs. It's rare but sometimes, the good clubs, will pay you to leave and not be on the show. It sounds like a bad thing, but I always thought it was great. Here's a quick story about being paid to NOT be on stage.  https://www.TheWorkLady.com  Jan McInnis is a top change management keynote speaker, comedian, and funny motivational speaker who helps organizations use humor to handle change, build resilience, and strengthen leadership skills. With her laugh-out-loud stories and practical tips, Jan shows audiences how humor isn't just entertainment—it's a business skill that drives communication, connection, and stress relief.   A conference keynote speaker, Master of Ceremonies, and comedy writer, Jan has written material for The Tonight Show with Jay Leno as well as radio, TV, and syndicated cartoon strips. She's the author of two books—Finding the Funny Fast and Convention Comedian—and her insights on humor in business have been featured in The Wall Street Journal, The Washington Post, and The Huffington Post. For over 25 years, she has been helping leaders and teams discover how to bounce back from setbacks, embrace change, and connect through comedy.   Jan has delivered keynote speeches at thousands of events nationwide, from the Federal Reserve Banks to the Mayo Clinic, for industries that include healthcare, finance, government, education, women's leadership events, technology, and safety & disaster management. Her client list features respected organizations such as: Healthcare: Mayo Clinic, Kaiser Permanente, Abbott Pharmaceuticals, Health Information Management Associations, Assisted Living Associations Finance: Federal Reserve Banks, Merrill Lynch, Transamerica Insurance, BDO Accounting, American Institute of CPAs, credit unions, banking associations Government: U.S. Air Force, Social Security Administration, International Institute of Municipal Clerks, National League of Cities, public utilities, correctional associations Women's Leadership Events: Toyota Women's Conference, Go Red for Women, Speaking of Women's Health, Soroptimists, Women in Insurance & Financial Services Education: State superintendent associations, community college associations, Head Start associations, National Association of Elementary and Middle School Principals Safety & Disaster: International Association of Emergency Managers, Disney Emergency Management, Mid-Atlantic Safety Conference, risk management associations   Her background as a Washington, D.C. marketing executive gives her a unique perspective that blends business acumen with stand-up comedy. Jan was also honored with the Greater Washington Society of Association Executives "Excellence in Education" Award. Along with her podcast Finding the Funny: Leadership Tips from a Comedian, Jan also produces Comedian Stories: Tales From the Road in Under 5 Minutes. Whether she's headlining a major convention, hosting a leadership retreat, or teaching resilience at a safety conference, Jan's programs give audiences the tools to laugh, learn, and lead.  

The Charlie James Show Podcast
Heidi Harris notes the high costs and impacts of illegal immigration.

The Charlie James Show Podcast

Play Episode Listen Later Jul 6, 2026 7:40


In this segment, Heidi Harris bridges the gap between sports culture and pressing political issues, specifically highlighting the societal and economic costs of illegal immigration. She opens by acknowledging a listener's text comparing the physical demands of football players to soccer players, humorously admitting that she would be sidelined for a week if she took the physical pounding that gridiron players endure. Harris then transitions to a serious economic discussion, referencing a Federal Reserve Bank of Dallas working paper that links the massive surge in illegal immigration to skyrocketing local housing costs, stating it has driven a 30% increase in home prices and a 20% spike in rent. She argues that this influx creates an artificial demand shock in already strained housing markets, making it incredibly difficult for citizens' children to afford apartments or move out on their own. Finally, Harris connects these immigration numbers to the strain on the public education system, pointing out that an overwhelming number of undocumented children are flooding local schools and draining public resources, concluding that these systemic issues ultimately cost American taxpayers heavily.

The Charlie James Show Podcast
H3: Heidi Harris reviews the Charlie Kirk case, details the impacts of illegal immigration, and slams the failures of communism.

The Charlie James Show Podcast

Play Episode Listen Later Jul 6, 2026 28:18


In the next to the final hour of her guest-hosting broadcast, Heidi Harris brings her signature blend of candor, conservative analysis, and sharp wit to a range of sports, legal, and political topics. She kicks off the hour by engaging with her listeners via the text line, using a debate over the physical demands of football versus soccer to launch into a deep-dive analysis of a Federal Reserve Bank of Dallas working paper. Harris uses the data to argue that the massive influx of illegal immigration under the Biden administration has functioned as a severe demand shock, driving up local housing and rental prices while overwhelmingly straining the public education system and leaving American taxpayers to foot the bill. Shifting focus to legal news, she turns to the unfolding preliminary hearings for Tyler Robinson, the individual charged with the fatal shooting of conservative activist Charlie Kirk. Harris reviews the mounting evidence against Robinson and explores his apparent ideologically driven motivations, forcefully pushing back against fringe online conspiracies claiming the tragedy was staged. Finally, she leverages a news report about a total nationwide blackout in Cuba to deliver a blistering critique of communism, using it as a stark warning to her audience about the systemic failures of state-controlled societies while celebrating the exceptional freedoms Americans frequently take for granted.

What the Hell Is Going On
WTH: Is Trump Right to Fear Global Depression? Economist Glenn Hubbard Debunks.

What the Hell Is Going On

Play Episode Listen Later Jul 2, 2026 52:06


President Trump has publicly speculated that resuming military operations against Iran could trigger an economic catastrophe, warning of soaring gas prices and even a global depression. It is rumored that senior officials within the administration are driving this narrative in an effort to steer Trump away from finishing the conflict, as fears of Iranian long term impact on global oil markets appear to be exaggerated. Economist Glenn Hubbard argues that while energy markets and inflation deserve consideration, the role of economists is to analyze tradeoffs and identify ways to mitigate the economic costs of national security decisions; to inform policy, not determine it. On balance, he contends that the long-term costs of failed deterrence outweigh the short-term economic risks. So, as the administration weighs whether to return to combat or settle for an unacceptable status quo, is the greater economic and national security risk resuming the fight or leaving Iran's threats unresolved? And what price does America pay for failing to finish the job?Glenn Hubbard is a nonresident senior fellow at the American Enterprise Institute, where his work is focused on a wide range of economic issues including health care; poverty; public, corporate, and international finance; and financial markets and institutions. A former chairman of the President's Council of Economic Advisers at the White House, Dr. Hubbard concurrently serves as dean emeritus and Russell L. Carson Professor of Economics and Finance at Columbia Business School. He has also served as a deputy assistant secretary at the US Treasury Department and as a consultant to the Federal Reserve Board and the Federal Reserve Bank of New York, among other positions.Read the transcript here.Subscribe to our Substack here.

Finding the Funny: Leadership Tips From a Comedian

Rich People Gigs - You'd think that the more money you make and the nicer the venue, the better the gig? Not always! I've performed at the homes of CEO's of major corporations, and sometimes it's not that great. Here's a couple quick stories about some of those performances - and something that we all should learn!    https://www.TheWorkLady.com  Jan McInnis is a top change management keynote speaker, comedian, and funny motivational speaker who helps organizations use humor to handle change, build resilience, and strengthen leadership skills. With her laugh-out-loud stories and practical tips, Jan shows audiences how humor isn't just entertainment—it's a business skill that drives communication, connection, and stress relief.   A conference keynote speaker, Master of Ceremonies, and comedy writer, Jan has written material for The Tonight Show with Jay Leno as well as radio, TV, and syndicated cartoon strips. She's the author of two books—Finding the Funny Fast and Convention Comedian—and her insights on humor in business have been featured in The Wall Street Journal, The Washington Post, and The Huffington Post. For over 25 years, she has been helping leaders and teams discover how to bounce back from setbacks, embrace change, and connect through comedy.   Jan has delivered keynote speeches at thousands of events nationwide, from the Federal Reserve Banks to the Mayo Clinic, for industries that include healthcare, finance, government, education, women's leadership events, technology, and safety & disaster management. Her client list features respected organizations such as: Healthcare: Mayo Clinic, Kaiser Permanente, Abbott Pharmaceuticals, Health Information Management Associations, Assisted Living Associations Finance: Federal Reserve Banks, Merrill Lynch, Transamerica Insurance, BDO Accounting, American Institute of CPAs, credit unions, banking associations Government: U.S. Air Force, Social Security Administration, International Institute of Municipal Clerks, National League of Cities, public utilities, correctional associations Women's Leadership Events: Toyota Women's Conference, Go Red for Women, Speaking of Women's Health, Soroptimists, Women in Insurance & Financial Services Education: State superintendent associations, community college associations, Head Start associations, National Association of Elementary and Middle School Principals Safety & Disaster: International Association of Emergency Managers, Disney Emergency Management, Mid-Atlantic Safety Conference, risk management associations   Her background as a Washington, D.C. marketing executive gives her a unique perspective that blends business acumen with stand-up comedy. Jan was also honored with the Greater Washington Society of Association Executives "Excellence in Education" Award. Along with her podcast Finding the Funny: Leadership Tips from a Comedian, Jan also produces Comedian Stories: Tales From the Road in Under 5 Minutes. Whether she's headlining a major convention, hosting a leadership retreat, or teaching resilience at a safety conference, Jan's programs give audiences the tools to laugh, learn, and lead.  

Speaking of the Economy
Navigating Today's Supply Shocks

Speaking of the Economy

Play Episode Listen Later Jul 1, 2026 10:40


John O'Trakoun discusses the supply shocks resulting from the recent conflicts in the Middle East and how businesses and consumers have responded to these shocks. O'Trakoun is a senior policy economist at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_07_01_supply_shocks

Texas Ag Today
Texas Ag Today - June 30, 2026

Texas Ag Today

Play Episode Listen Later Jun 30, 2026 23:54


*What's the number one question livestock producers have about screwworms?   *A new report from the Federal Reserve Bank in Dallas shows stable but depressed conditions for farmers and ranchers.  *Nominations are open for the Texas Ag Influencer of the Year contest. *There's a lot of repair work to be done on wildfire damaged ranches in Randall County.  *The cost of the 4th of July cookout reflects an inflation increase.   *There are now two facilities producing sterile screwworm flies.  *Coastal Bend farmers are preparing for a new challenge.*This is the time of year many horses have allergies.  

CEO Spotlight
Kunal Patel, Senior Business Economist, Federal Reserve Bank of Dallas: “Drilling More, Moving Less: America's Energy Traffic Jam”

CEO Spotlight

Play Episode Listen Later Jun 26, 2026 12:11


Kunal Patel, Senior Business Economist, Federal Reserve Bank of Dallas: “Drilling More, Moving Less: America's Energy Traffic Jam” full 731 Fri, 26 Jun 2026 16:54:27 +0000 pzqckR2EkzWq1DSqvqLBxv0qDQOxtcU5 business CEO Spotlight business Kunal Patel, Senior Business Economist, Federal Reserve Bank of Dallas: “Drilling More, Moving Less: America's Energy Traffic Jam” David Johnson CEO Spotlight 2024 © 2021 Audacy, Inc.

The WorldView in 5 Minutes
Major League Baseball no longer requires Christian players to support perversion; Cuban Communists keep sick Protestant pastor imprisoned; Trump ends sexually explicit school teen programs

The WorldView in 5 Minutes

Play Episode Listen Later Jun 25, 2026


It's Thursday, June 25th, A.D. 2026. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Jonathan Clark and Adam McManus Cuban Communists keep sick Protestant pastor imprisoned Christian Solidarity Worldwide reports a Protestant pastor remains in prison in Cuba amid concerns for his health. Pastor Alexis Padrón Lorenzo leads the Communion in Faith Church in Havana. Authorities detained him on June 10, physically abused him during interrogation, and blocked family members from contacting him. This happened after Lorenzo expressed opposition to the country's communist system.  Please pray for our persecuted brothers and sisters in Christ in Cuba. The country is ranked 24th on the Open Doors World Watch List of the most oppressive countries worldwide for Christians. Write a polite, 2-sentence note of objection to Cuba's top diplomat: Lianys Torres Rivera, Cuban Consulate, 2639 16th Street NW, Washington DC, 20009. Rubio urges new Columbian president to end illegal immigration to U.S. As The Worldview reported on June 23rd, the citizens of the South American country of Colombia narrowly elected conservative Abelardo De La Espriella, who was Trump-endorsed, over left-wing candidate Iván Cepeda.  De La Espriella promised a crackdown on crime.  g the election, U.S. Secretary of State Marco Rubio posted, “The Trump Administration looks forward to working closely with your incoming administration to advance regional security cooperation, end illegal immigration to the United States, and strengthen our economic ties.” Daniel 2:21 reminds us that God “changes the times and the seasons; He removes kings and raises up kings.” Biden's illegal immigration drove up housing costs In the United States, a recent report from the Federal Reserve Bank of Dallas found illegal migration under the Biden administration drove up housing costs. The report estimates that unauthorized immigrant worker flows explain  about 30% of the total growth in house prices and 20% of total growth in rents.  Listen to comments last year by Vice President J.D. Vance on the subject. VANCE: “When we talk about housing and why costs are so high, we don't talk enough about demand. One of the drivers of increased housing demand, we know, is that we've got a lot of people over the last four years who have come into the country illegally.” Four years since Roe v. Wade overturned: Pro-life laws in 19 states Four years ago, on June 24, 2022, the U.S. Supreme Court overturned Roe v. Wade. The ruling said the U.S. Constitution does not include a right to abortion. It also handed regulation of abortion to individual states. Since then, 19 states have passed anti-abortion laws. Thirteen states ban abortions in most cases. Four states ban abortions at 6 weeks of pregnancy. And two states ban them at 12 weeks. Trump ends sexually explicit school teen programs The Daily Signal reports that the Trump administration will cut funding to many teenage pregnancy prevention programs in schools this week. The Department of Health and Human Services reviewed Teen Pregnancy Prevention Program grants. It decided to terminate most of them, ending $67 million in grants.  The administration described the grants from the Biden-era as “medically inaccurate,” “age-inappropriate,” and “sexually explicit.” U.S., Mexico, & Canada Bible societies share Christ during World Cup Bible societies are using the 2026 World Soccer Cup to engage millions of fans with Scripture. The United States, Canada, and Mexico are hosting the event. So, the American Bible Society, the Mexican Bible Society, and the Canadian Bible Society are promoting Bibles, devotionals, and evangelistic booklets.  Christian Daily International notes, “These efforts reflect a broader trend among Bible societies worldwide. As major global events attract billions of viewers, organizations are increasingly developing resources that connect Scripture with cultural moments and reach people who may not normally engage with churches or religious programs.” For example, Living Waters, founded by Evangelist Ray Comfort, has printed 2 million copies of the 2026 World Cup million-dollar bill tract available for free when you cover the shipping. They are an effective tool because there is: Instant curiosity: People pick it up and ask questions Natural transition: From “World Cup” to The Cup of Grace Clear Gospel message: Simple, direct, and memorable And it's easy to share: Great for friends, coworkers, and public outreaches Visit the website: www.LivingWaters.com/WorldCup Major League Baseball no longer requires Christian players to support perversion And finally, Major League Baseball recently announced it will not require players to wear uniforms that promote sexually perverted lifestyles.  The issue arose after three San Francisco Giants players added Bible verses to the Rainbow Homosexual Pride caps which they were initially required to wear. Republican Senator Josh Hawley of Missouri posted a letter from the Commissioner of Major League Baseball. Hawley wrote, “The Major Leage Baseball Commissioner writes to me and admits they were wrong to threaten the Giants players over Bible verses and promises never to fine or discipline these players -- or any players for their religious beliefs.” Several San Francisco Giants Christian pitchers — Landen Roupp, Ryan Walker, and J.T. Brubaker  — referenced Genesis chapter 9 on their hats about the true meaning of the rainbow. In verses 14 and 15, God said, “It shall be, when I bring a cloud over the Earth, that the rainbow shall be seen in the cloud; and I will remember My covenant which is between Me and you and every living creature of all flesh; the waters shall never again become a flood to destroy all flesh.” Landon Roup was asked about his hand-written Scripture on his cap at a press conference. ROUP: “God's covenant, and a promise that He makes to us, that His faithfulness and His mercy. It's kind of something I believe in. I stand firm in that.” Amusingly, Cyd Ziegler, the homosexual co-founder of OutSports, was enraged by the Scripture the Christian pitchers had added to the hats. ZIEGLER: “It defaced the Pride Rainbow with a Bible verse telling the LGBT community that they do not own the rainbow, that God owns the rainbow.” Mr. Ziegler, I've got news for you.  God does own the rainbow! Send a two-sentence thank you note to Robert Manfred, Major League Baseball Commissioner, 1271 Avenue of the Americas, New York, NY 10020. And send a 2-sentence thank you note to Landen Roupp for his Christian witness and outspokeness. San Francisco Giants, Oracle Park. 24 Willie Mays Plaza, San Francisco, CA 94107. Close And that's The Worldview on this Thursday, June 25th, in the year of our Lord 2026. Subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

MPR News Update
Walz seeks federal records after judge tosses DOJ subpoenas targeting Minnesota Democrats

MPR News Update

Play Episode Listen Later Jun 24, 2026 3:54


Gov. Tim Walz wants the Trump administration to release records that he says could show he and the state of Minnesota have been targeted for political retribution. Walz filed 16 records requests under the Freedom of Information Act. Earlier this week, a federal judge threw out Justice Department subpoenas for records from the offices of Walz and other Minnesota Democrats, calling them meritless and ethically questionable.Minnesota hospitality businesses are doing worse than they were last year, according to a new survey from the Federal Reserve Bank of Minneapolis. The Minneapolis Fed surveyed 120 hospitality companies about business conditions during the first quarter of 2026. A majority said profits are down compared to last year. Many businesses cited inflation, Minnesota's new paid family leave policy and increased employee absences as challenges.A Minneapolis woman who was dragged from her car by federal agents during the immigration surge has filed a civil rights complaint with the Department of Homeland Security. The complaint alleges Aliyah Rahman was assaulted, wrongfully arrested and subjected to inhumane treatment by federal agents. Her attorney says agents violated Rahman's constitutional rights and disability protections. The complaint calls on DHS to investigate the incident and implement broader policy changes.A woman charged with assaulting an FBI agent in Minneapolis last year pleaded guilty Tuesday in federal court to a misdemeanor charge. Isabel Lopez was sentenced to time served and a $25 fine. Lopez was among about 100 people who protested what they believed was an immigration raid at a Lake Street restaurant a year ago. Prosecutors agreed to drop the original felony indictment if Lopez pleaded guilty to the misdemeanor charge.Minnesotans should be prepared for potentially dangerous heat and humidity later this weekend and into next week. MPR meteorologist Sven Sundgaard says what could be the hottest air mass in the region in several years starts to arrive this weekend. Highs could reach the 90s by early next week, with heat indices possibly reaching triple digits. Before then, Minnesota will see a few more days of quiet and mild weather.

Buzzn The Tower
Die Hard: With a Vengeance (1995)

Buzzn The Tower

Play Episode Listen Later Jun 23, 2026 50:13


In Die Hard with a Vengeance (1995), a suspended and alcoholic NYPD Detective John McClane (Bruce Willis) is forced to play a deadly citywide game of "Simon Says" with a terrorist named Simon Gruber (Jeremy Irons). Gruber, the vengeful brother of the original villain Hans Gruber, uses bombings as a massive diversion to steal billions in gold bullion from the Federal Reserve Bank.

Thoughts on the Market
The Obstacles to Buying a First Home

Thoughts on the Market

Play Episode Listen Later Jun 23, 2026 12:53


First-time homebuyers may get short windows of relief, but our co-head of Securitized Products Research James Egan and Senior Economist and Strategist in Morgan Stanley's Private Wealth Management Sarah Wolfe say the bigger story is a housing market resetting around a higher bar to entry.Read more insights from Morgan Stanley.----- Transcript -----James Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Morgan Stanley's U.S. Housing Strategist and Co-Head of Securitized Products Strategy.Sarah Wolfe: And I'm Sarah Wolfe, Senior Economist and Strategist within Morgan Stanley Wealth Management.James Egan: And today, why first-time homebuyers are facing a tougher path to ownership.It's Tuesday, June 23rd at 10am in New York.Buying a first-time home has always been a big step, but for a growing number of first-time buyers today, the goal can really seem insurmountable.Mortgage rates might be down from where they were in the second half of 2023, but they're significantly higher than they were for the several years before that. Monthly payments have roughly doubled for a median-priced home. And my colleague Jay Bacow and I have talked several times on this podcast about how many homeowners feel like they're locked into those lower rates.And they're staying put because they just don't want to give up a two or three-handle mortgage rate for something that has a six in front of it. But Sarah, as we know, this is bigger than just first-time buyers. Now, they often start the housing transaction chain, and when they can't buy, current owners may not be able to sell and trade up.That slows turnover across the market, and it also reduces activity tied to housing – from mortgages and renovations to moving and furniture. And it can keep would-be buyers renting for longer, which adds pressure to rental demand.So, how do you see this situation? Is this just another affordability squeeze, or has the housing market reset to a higher barrier to entry?Sarah Wolfe: I do think that we're on the upper bound of affordability pressures. This is about as bad as it's going to get. But as we discussed in our recent publication of The Economy Explained, unfortunately, we do think that the housing market is resetting at a structurally higher barrier to entry. There's a lot of reasons for that.The first is higher interest rates. Yes, mortgage rates are sitting around 6.5 percent, and they should come down from here, but maybe not better than 5.5 percent, right, in an optimistic scenario. The second is demographic pressures. Remember, we have this tremendous aging population of baby boomers. All of their children are now entering their prime home-buying years, so there's a lot of demand for ownership.The third and fourth ones are land regulation and permitting, which is at the state and local level, really hard to change. And the last one is climate risk. It's just raising insurance pricing and making it much more difficult to buy a home.So overall, we see a world where, yes, mortgage rates come down a bit, improve affordability marginally, but we think neutral and other interest rates at the longer end of the curve are going to be higher than the post-financial crisis period. And what we're going to see is that those forces are going to widen the divide between who can own a home and who cannot. And who gains from that wealth accumulation and who does not.James Egan: Right. So now, you mentioned where mortgage rates are today, above that 6 percent rate. Rates did briefly – in February, we got below 6 percent before they bounced back up here. Why did that short-lived relief matter so much?Sarah Wolfe: I think that short-lived relief showed us that moves in the mortgage rate make a difference, but things are so unaffordable that it didn't make that much of a difference.So, the dip below 6 percent was very exciting. It happened this past February. It was the first time that mortgage rates fell below 6 percent since 2022, and we saw a few things happen. First, it lowered the monthly payment for first-time homebuyers from about two point two thousand dollars a month to one point nine thousand.So makes a bit of a difference. And it lowered the share of income that goes towards monthly mortgage payments from about 26 percent of income to 22 percent, from peak to trough. So, that is a notable improvement. But what we saw in the new home sales data and the existing home sales data, that it did not drive people back into the housing market.I want to turn it back to you though, Jim, because you've actually done a lot of interesting work on this. And how this change in mortgage rates has changed the monthly cost that people have to pay for a median-priced home. Can you tell us a little bit more?James Egan: Sure. So, we talk about the lock-in effect a lot, and it's kind of easy to point to: Well, there are a lot of people with mortgage rates that are around 3 percent or 3.5 percent, and the prevailing rate's at 6 percent, and that's a lot higher, so they're locked in.But when we look at the actual numbers in terms of what we're asking a homeowner to do – to list their home for sale and move to another home today, pay off that existing mortgage, take out a new one. When you take into account how much higher home prices are today…You bought a home in 2016, for instance, right? Let's assume you refinanced in 2020 or 2021 if you still live there, right? Most homeowners did. So, you've actually taken your monthly payment, and it is lower today than it was when you bought your home in 2016. If we assume that your income has risen alongside just median household income over that time period, your monthly payment as a share of your income today is probably sub 8 percent.If you bought over the past three years, your monthly payment is a share of your income. You mentioned some numbers earlier. It's low to mid 20 percent. From a dollar amount perspective, if you were to pay off that 2016 mortgage, as an example, and take out one today, your payment is probably [$]13[00] or $1400 higher. It's like a 200 percent increase. That's very difficult economically for a lot of households, and that's the kind of physical manifestation of that lock-in effect.Now, Sarah, given this significant change in housing math, what does that mean for who is actually able to buy in this market?Sarah Wolfe: It's making who's able to buy into the market a lot more selective. So, what we're seeing is that first-time home buyers today are actually not meaningfully older. They're still about 36 years old, but they are a much more selective group financially. The Federal Reserve Bank of New York put out a great analysis on this recently, and they basically found that the first-time home buyer profile today is taking out a mortgage that's nearly $350,000, compared to $240,000 in 2019 and $200,000, a decade ago. So, significant increase in mortgage balances.At the same time, credit standards have tightened significantly, so that average credit score to get a mortgage has risen quite a bit over the last 5 to 10 years. And what this is doing is it's shifting who can buy and also where they can buy. So, we're seeing higher-quality home buyers moving to lower-income zip codes. So, buying cheaper homes in lower-income metro areas, and so it's wealthier buyers in lower-income areas.And that's the really big shift that we're seeing. It's a demand resorting story. And what we're also seeing, and we hear this a lot when we talk to our financial advisors and their clients, is that family is increasingly helping their other family members put that down payment down; in particular, parents helping their children buy that first home.So, we're seeing that first-time buyers may be feeling this pressure, right, when it comes to rates. How much of this affordability issue, though, is being driven by the locked-in effect specifically?James Egan: So, look, it's clearly playing a role. We just talked about some of the math behind that. But then when you look at what that means on a nationwide basis when it comes to inventory, when it comes to so many other aspects of this, that homeowner who's unwilling to give up that lower mortgage rate, that lower payment, right, their homes are off the market.Existing inventories for sale, they've picked up from historic lows in 2023, but they're still very, very low on a long-run basis. The fewer homes there are for sale, the more upward pressure or the absence of downward pressure that's going to put on home prices, right?We saw affordability plummet in 2022 and 2023 when rates backed up. We saw existing home sales really, really come down as a result. But home prices remained at record highs. They continued to set new record highs. For home prices to actually come down, right, you need people who are willing to sell at lower home prices.Sarah, you just mentioned that lending standards themselves remain tight.Sarah Wolfe: Mm-hmm.James Egan: Those forced sales, those tend to be distressed transactions. We don't see that distress in the market providing the inventory and the motivated inventory to lead to softer home prices. So, it's really that lack of inventory which we think is in large part driven by the lock-in effect that's kept home prices. And as a result, that piece of the affordability equation kind of stuck at these higher levels.Sarah Wolfe: I mean, it's really this vicious cycle, the locked-in effect making it difficult for entry-level buyers to get into the market – and then fewer existing homeowners sell or trade up or relocate. So, on and on it goes.Are there broader implications of this freeze?James Egan: Right. So, we just talked about what that means from an inventory perspective. And then if you think about affordability remaining challenged, lending standards themselves remaining tight, inventory remaining as low as it is, you could argue that we're at one of the more difficult times that we've seen for renters to exit rentership and step into homeownership.Now, there's a lot of different things that drive rent growth, and the fact that you have a stuck renter is just one of them. The other side of that equation can be the supply of rental units, right? So that's just a piece of the equation.But those are some of the externalities that we think about when it comes to how the tightness of the housing market – what the lock-in effect and what affordability is doing there. But outside of the housing market, Sarah, the wider economy, like how do these housing costs play a role there?Sarah Wolfe: Massive effect. Some of the work that we've done shows that housing affordability is the number one driver pushing down fertility rates in America. The number one driver. Above childcare costs, above finding a partner, finding a good job. It's housing affordability. So, you could see how that could pretty significantly ripple through the broader economy.But there's other components, right? So, as we discussed earlier, it's driving migration from unaffordable areas to more affordable regions. That has significant implications. And then putting my consumer economist hat on, as we discussed earlier in the podcast, when people buy a home, they tie themselves to that home. They spend money on couches, on beds, on TVs, right? Durable goods. And if we're going to have more people as renters for longer, that's going to expand the services economy at the expense of the goods economy.All right. Let's take a step back and think about where this is all going. It hasn't been a very optimistic conversation. Jim, what is the outlook for affordability in your view? Do we get anywhere back to the post-financial crisis period or even the pre-financial crisis period?James Egan: When it comes to the outlook for mortgage rates, the outlook for affordability, the outlook for the U.S. housing market – look, we just, throughout Morgan Stanley Research and Strategy, published our 2026 major outlook. From now through the end of 2027, we don't have conventional mortgage rates getting below 6 percent.We do have affordability improving on the margins. We have income growth exceeding home price appreciation that makes it a little bit better, but that doesn't get us back to the post-GFC affordability era, which was very, very affordable. Looking back over the past several decades, it gets us closer to where we were pre-GFC, not all the way back there.But when we think about how that ripples through the housing market and how we think about that evolving from here, look, we do think that the state of mortgage credit availability means there will be a lack of distress. We think that while affordability itself may be challenged and inventories may be low, there is some level of housing activity that has to occur regardless of where mortgage rates are or affordability is.We think we found that level. We think there's support for home sales at these current levels, and that combination of support for home sales, lack of inventory, means that home prices, very little room for them to grow from here. But we think they're going to be pretty supported.So, from a housing market perspective, at a ten-thousand-foot view, we're calling it 1-2 percent growth in sales, in home prices, well-supported. But the affordability outlook that we've outlined throughout this podcast – challenged to see a lot of acceleration.Now, when we pull it back to the first-time home buyer, based on our conversation, it seems that the key question is becoming less about when to buy, more about who can still afford to enter the market.But Sarah, it's really been great talking with you about the housing market today.Sarah Wolfe: It was great speaking with you, Jim.James Egan: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today. ***Sarah Wolfe is a member of Morgan Stanley's Wealth Management Division and is not a member of Morgan Stanley's Research Department. Unless otherwise indicated, her views are her own and may differ from the views of the Morgan Stanley Research Department and from the views of others within Morgan Stanley.

The TechEd Podcast
12 Leadership Lessons from a Fortune 500 CEO - Bill Foote, former Chairman and CEO of USG Corporation

The TechEd Podcast

Play Episode Listen Later Jun 23, 2026 64:21 Transcription Available


As chairman and CEO of USG Corporation, Bill Foote led one of the most remarkable Chapter 11 restructurings in American business — an achievement Warren Buffett called “the most successful managerial performance in bankruptcy that I've ever seen.”Bill's career spans some of the most respected institutions in American business and finance. He spent 27 years at USG Corporation, including 15 years as chief executive, where he helped more than double the company from roughly $2 billion to $5.6 billion at its peak. He also served as chairman of the Federal Reserve Bank of Chicago during the financial crisis, held board roles with major companies including Kohler and Walgreens, and served on the board of his alma mater, Williams College.In this episode, Bill joins Matt to unpack the leadership mindset behind a business strategy so effective it became a Harvard Business School case study. Learn about how leaders make decisions when the stakes are high, how they balance competing obligations, and how they keep an organization focused when the path forward is anything but simple.Drawing on 50 years in business, Bill shares the leadership principles that guided his career, organized around three major themes: the fundamentals of leadership, leadership style and timing. From staying grounded while rising above problems, to understanding when collaboration matters more than consensus, to knowing when it is actually time to make a decision, this conversation offers a rare look at how great leaders think, lead and endure.We want to hear from you! Send us a text.Instagram - Facebook - YouTube - TikTok - Twitter - LinkedIn

Finding the Funny: Leadership Tips From a Comedian
The Travel Week That Wouldn't End

Finding the Funny: Leadership Tips From a Comedian

Play Episode Listen Later Jun 23, 2026 7:17


Travel weeks like this will make you question your career choices! Last week's travel was a challenge. Take a listen and hear all the weird things that happened. But I still love my job - it's just some parts of my job that are challenging! https://www.TheWorkLady.com  Jan McInnis is a top change management keynote speaker, comedian, and funny motivational speaker who helps organizations use humor to handle change, build resilience, and strengthen leadership skills. With her laugh-out-loud stories and practical tips, Jan shows audiences how humor isn't just entertainment—it's a business skill that drives communication, connection, and stress relief.   A conference keynote speaker, Master of Ceremonies, and comedy writer, Jan has written material for The Tonight Show with Jay Leno as well as radio, TV, and syndicated cartoon strips. She's the author of two books—Finding the Funny Fast and Convention Comedian—and her insights on humor in business have been featured in The Wall Street Journal, The Washington Post, and The Huffington Post. For over 25 years, she has been helping leaders and teams discover how to bounce back from setbacks, embrace change, and connect through comedy.   Jan has delivered keynote speeches at thousands of events nationwide, from the Federal Reserve Banks to the Mayo Clinic, for industries that include healthcare, finance, government, education, women's leadership events, technology, and safety & disaster management. Her client list features respected organizations such as: Healthcare: Mayo Clinic, Kaiser Permanente, Abbott Pharmaceuticals, Health Information Management Associations, Assisted Living Associations Finance: Federal Reserve Banks, Merrill Lynch, Transamerica Insurance, BDO Accounting, American Institute of CPAs, credit unions, banking associations Government: U.S. Air Force, Social Security Administration, International Institute of Municipal Clerks, National League of Cities, public utilities, correctional associations Women's Leadership Events: Toyota Women's Conference, Go Red for Women, Speaking of Women's Health, Soroptimists, Women in Insurance & Financial Services Education: State superintendent associations, community college associations, Head Start associations, National Association of Elementary and Middle School Principals Safety & Disaster: International Association of Emergency Managers, Disney Emergency Management, Mid-Atlantic Safety Conference, risk management associations   Her background as a Washington, D.C. marketing executive gives her a unique perspective that blends business acumen with stand-up comedy. Jan was also honored with the Greater Washington Society of Association Executives "Excellence in Education" Award. Along with her podcast Finding the Funny: Leadership Tips from a Comedian, Jan also produces Comedian Stories: Tales From the Road in Under 5 Minutes. Whether she's headlining a major convention, hosting a leadership retreat, or teaching resilience at a safety conference, Jan's programs give audiences the tools to laugh, learn, and lead.  

Fisher Investments - Market Insights
This Week in Review | Fed Rate Decision, US-Iran, Inflation in Europe (June 19, 2026)

Fisher Investments - Market Insights

Play Episode Listen Later Jun 19, 2026 6:56


The economy and markets can feel dizzying and ever changing. That's where we can help. Fisher Investments' “This Week in Review” is a weekly segment designed to highlight a few things you may have missed this week, what they could mean for financial markets and why they matter to investors like you. This week, Fisher Investments reviews: • Eurozone and UK inflation data trends • The Fed's recent interest rate decision • US and Iran peace deal developments Below are the sources for all data cited in today's show: 1. Source: The Federal Reserve, as of 6/18/2026. Fed Funds Policy Rate. 2. Source: The Federal Reserve, as of 6/18/2026. “Federal Reserve Issues FOMC Statement”, 6/17/2026. 3. Source: FactSet, Federal Reserve Bank of St. Louis, as of 6/18/2026. S&P 500 Price Return Index, Market Yield on US Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis, 6/16/2026 – 6/17/2026. 4. Source: Trading Economics, as of 6/18/2026. European Central Bank Interest Rate Decisions, United Kingdom Interest Rate, September 2023 – June 2026. 5. Souce: New York Times, as of 6/18/2026. “A Look at the Text of the Agreement Between the United States and Iran”, 6/17/2026. 6. Source: TradingEconomics, as of 6/17/2026. Y/y Euro Area Headline Consumer Inflation Index, April 2026 – May 2026. 7. Source: TradingEconomics, as of 6/17/2026. Y/y United Kingdom Headline Consumer Inflation Index, April 2026 – May 2026. 8. Macrobond, as of 6/18/2026. Y/y percent change in M2 (money supply) for US, UK, eurozone and Japan, local currencies, monthly, January 2005 – April 2026. Want to dig deeper? • Ken Fisher on the potential impact of a new Federal Reserve Chair on US monetary policy: https://www.youtube.com/watch?v=qyNehslULa0&t=1s • What talk of a new US peace deal with Iran means for markets: https://www.fisherinvestments.com/en-us/insights/market-commentary/a-market-perspective-on-iran-truce-whisperings Have feedback for this Fisher Investments video? Share your thoughts on this episode in just 1 minute by filling out this survey: https://fi.co1.qualtrics.com/jfe/form/SV_6Vw1ezlogR044S2?VideoCode=WeekInReview19Jun2026 Connect with Fisher Investments on: • Facebook - https://www.facebook.com/FisherInvestments • X - https://twitter.com/fisherinvest • LinkedIn - https://www.linkedin.com/company/fisher-investments • Instagram - https://www.instagram.com/fisher.investments/ • TikTok - https://www.tiktok.com/@fisher_investments You can also follow Ken Fisher here: • Facebook - https://www.facebook.com/KenFisher.FisherInvestments • X - https://twitter.com/KennethLFisher • LinkedIn - https://www.linkedin.com/in/ken-fisher/ • Instagram - https://www.instagram.com/kenfisher_fisherinvestments/ Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.

Speaking of the Economy
Explaining the K-Shaped Economy

Speaking of the Economy

Play Episode Listen Later Jun 17, 2026 11:58


Urvi Neelakantan describes how employment, income growth and consumption can differ between groups of households and reviews recent trends in this divergence of economic outcomes. Neelakantan is a senior policy advisor at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_06_17_k-shaped_economy

The Matthews Mentality Podcast
Why Physical Retail Isn't Going Away

The Matthews Mentality Podcast

Play Episode Listen Later Jun 17, 2026 66:44


In this episode of the Matthews Mentality Podcast, Kyle Matthews sits down with Jodie McLean, CEO of EDENS, one of the nation's largest privately held owners, operators, and developers of open-air retail and mixed-use destinations.Jodie's journey is anything but conventional. She joined EDENS as a financial analyst fresh out of college and spent more than three decades helping transform the company into a real estate powerhouse with a portfolio that serves millions of people every day. Along the way, she became one of the most respected leaders in commercial real estate, served as Chair of the Federal Reserve Bank of Richmond, and helped redefine what retail real estate can be in a rapidly changing world.Kyle and Jodie discuss leadership, mentorship, career longevity, the future of retail, artificial intelligence, community building, and the lessons learned from leading through economic cycles, e-commerce disruption, and changing consumer behavior.In this episode, you'll learn:• How Jodie rose from analyst to CEO after 36 years at one company • Why loyalty, impact, and long-term thinking still matter in today's business world • The leadership lessons that shaped EDENS' culture and growth • How e-commerce transformed retail real estate—and why physical places matter more than ever • Why AI may increase demand for human connection, not decrease it • What makes great communities and thriving mixed-use developments • Her experience serving as Chair of the Federal Reserve Bank of Richmond • The challenges and opportunities of being a female leader in commercial real estate • Why culture ultimately beats strategy in building great organizations • The importance of mentorship, curiosity, resilience, and taking calculated risksJodie also shares the story of nearly leaving EDENS, the mentor who changed her career trajectory, and the bold decisions that helped shape one of the most innovative retail real estate companies in America.Whether you're an entrepreneur, executive, investor, commercial real estate professional, or someone looking to build a meaningful career, this conversation is packed with wisdom on leadership, purpose, and creating lasting impact.Follow Jodie McLean: LinkedIn: Jodie McLean Instagram: @jodiewmcleanLearn More About EDENS: https://www.edens.comFollow Kyle Matthews: Instagram: @KyleMatthewsCEO X: @KyleMatthewsCEO LinkedIn: Kyle Matthews TikTok: @KyleMatthewsCEO#JodieMcLean #EDENS #CommercialRealEstate #Leadership #Entrepreneurship #RetailRealEstate #BusinessPodcast #MatthewsMentality #CEO #WomenInBusiness #RealEstateDevelopment #CommunityBuilding #FederalReserve #BusinessLeadership #KyleMatthewsCEO

Here & Now
Why the Fed is trapped by inflation

Here & Now

Play Episode Listen Later Jun 10, 2026 21:11


Prices are rising at their fastest clip in three years, according to new data out Wednesday. What does this mean for interest rates? Loretta Mester, former president and CEO of the Federal Reserve Bank of Cleveland, explains the likely economic impact.Then, a new government report out this week found that unless Congress passes new laws soon, Social Security will not be able to pay out full benefits to all eligible seniors starting in 2032. Former Social Security commissioner Michael Astrue shares more.And, Team USA will play its first match of the 2026 FIFA World Cup tournament on Friday against Paraguay. NPR's sports correspondent Becky Sullivan gives more details from Los Angeles, where the game will take place.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

The Psych Files
Home Alone: The Hidden Cost of Remote Work

The Psych Files

Play Episode Listen Later Jun 10, 2026 12:28


I've worked from home for about fifteen years, and I like it. I'm a writer, I'm fine being on my own, and I've got the cats for company. But there's one thing I miss, those little water-cooler conversations with colleagues, and a new study published in the journal Science speaks to exactly that. Economist Natalia Emanuel and her colleagues at the Federal Reserve Bank of New York set out to answer a deceptively simple question: what does remote work actually do to our mental health? The catch is that you can't ethically grab a thousand workers and order half of them to stay home for two years, so they had to get clever about how they studied it. In this episode I walk through that workaround, comparing "remotable" jobs to "non-remotable" ones, and what they found about isolation, anxiety, and well-being. I also put my skeptic hat on, because there's a real question hiding underneath the findings. Maybe working from home makes people lonelier, or maybe people who are already a bit more solitary are the ones who gravitate toward jobs they can do alone, in which case it's personality doing the work, not the office setup. That's the self-selection problem, and it's the reason random assignment matters so much in research. Along the way we get into why losing daily human contact can affect not just your mood but your immune and cardiovascular health, why I think community theater is part of what keeps my own solitude from tipping into isolation, and what both employers and remote workers might do about all of this.

Speaking of the Economy
Do CDFIs Overcome Market Failures?

Speaking of the Economy

Play Episode Listen Later Jun 10, 2026 17:44


Surekha Carpenter and Borys Grochulski discuss how community development financial institutions work to help underserved communities that lack adequate access to credit and what factors determine their success in filling market gaps. Carpenter is a senior research analyst and Grochulski is a senior economist, both at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_06_10_cdfi_market_failures

TheTop.VC
$100M Security Problems: 4 AI Cybersecurity Startups Pitch Tonic AI CSO Robert Lowry (

TheTop.VC

Play Episode Listen Later Jun 9, 2026 16:38


In this special Founder Initiative pitch episode, four cybersecurity founders pitch their startups live to Robert Lowry, CSO of Tonic AI and former security leader at organizations including NASDAQ and the Federal Reserve Bank. Robert Lowry- https://www.linkedin.com/in/lowryrobert/ The conversation covers some of the biggest emerging enterprise security challenges around AI agents, shadow AI, runtime protection, memory systems, cybersecurity data infrastructure, and modern SOC operations. Featuring: * IceGuard — next-generation AI-native cybersecurity data infrastructure - Anders Holden, https://www.linkedin.com/in/andersbholden/ * Optimus Labs — agent defense and AI runtime governance - Nipun Gupta - https://www.linkedin.com/in/guptanipun/ * KeyCaliber — AI usage visibility and cybersecurity asset intelligence - Roselle Safran - https://www.linkedin.com/in/rosellesafran/ * Dyng/Pilot AI — AI memory and contextual learning systems - Ricardo La Rosa - https://www.linkedin.com/in/ricardo-larosa/ Instead of polished demos and sales decks, this episode captures real buyer reactions, live feedback, objections, and the kinds of questions enterprise security leaders actually ask before considering a product. If you're building for CISOs, enterprise security teams, or AI infrastructure buyers, this episode gives a rare inside look at how technical buyers evaluate early-stage startups in real time.

Finding the Funny: Leadership Tips From a Comedian
Success, Held Together by Duct Tape

Finding the Funny: Leadership Tips From a Comedian

Play Episode Listen Later Jun 9, 2026 3:48


Duct fixes a lot of things, including my comedy career. Ok, not really my career, but the transportation getting me to the gigs. Here's a quick, embarrassing story about my use of duct tape. Not really looking my best as I drove around the country, but it ws functional . . .for a while.  https://www.TheWorkLady.com  Jan McInnis is a top change management keynote speaker, comedian, and funny motivational speaker who helps organizations use humor to handle change, build resilience, and strengthen leadership skills. With her laugh-out-loud stories and practical tips, Jan shows audiences how humor isn't just entertainment—it's a business skill that drives communication, connection, and stress relief. A conference keynote speaker, Master of Ceremonies, and comedy writer, Jan has written material for The Tonight Show with Jay Leno as well as radio, TV, and syndicated cartoon strips. She's the author of two books—Finding the Funny Fast and Convention Comedian—and her insights on humor in business have been featured in The Wall Street Journal, The Washington Post, and The Huffington Post. For over 25 years, she has been helping leaders and teams discover how to bounce back from setbacks, embrace change, and connect through comedy. Jan has delivered keynote speeches at thousands of events nationwide, from the Federal Reserve Banks to the Mayo Clinic, for industries that include healthcare, finance, government, education, women's leadership events, technology, and safety & disaster management. Her client list features respected organizations such as: Healthcare: Mayo Clinic, Kaiser Permanente, Abbott Pharmaceuticals, Health Information Management Associations, Assisted Living Associations Finance: Federal Reserve Banks, Merrill Lynch, Transamerica Insurance, BDO Accounting, American Institute of CPAs, credit unions, banking associations Government: U.S. Air Force, Social Security Administration, International Institute of Municipal Clerks, National League of Cities, public utilities, correctional associations Women's Leadership Events: Toyota Women's Conference, Go Red for Women, Speaking of Women's Health, Soroptimists, Women in Insurance & Financial Services Education: State superintendent associations, community college associations, Head Start associations, National Association of Elementary and Middle School Principals Safety & Disaster: International Association of Emergency Managers, Disney Emergency Management, Mid-Atlantic Safety Conference, risk management associations   Her background as a Washington, D.C. marketing executive gives her a unique perspective that blends business acumen with stand-up comedy. Jan was also honored with the Greater Washington Society of Association Executives "Excellence in Education" Award. Along with her podcast Finding the Funny: Leadership Tips from a Comedian, Jan also produces Comedian Stories: Tales From the Road in Under 5 Minutes. Whether she's headlining a major convention, hosting a leadership retreat, or teaching resilience at a safety conference, Jan's programs give audiences the tools to laugh, learn, and lead.  

VoxTalks
S9 Ep32: The digital money supply

VoxTalks

Play Episode Listen Later Jun 5, 2026 27:19


Every day, billions of transactions settle between strangers who have no idea which bank the other uses. That lack of friction is not automatic. Nine-tenths of the money in daily circulation has been created by commercial banks, but it stays trustworthy only because central banks stand behind it, and keep the system in balance.In this week's episode Tim Phillips talks to Stephen Cecchetti (Brandeis University, CEPR) about what happens when new forms of digital money test that architecture. Cecchetti is one of the authors of the eighth Barcelona Report in The Future of Banking series, part of the Banking Initiative at IESE Business School, just published by CEPR as a free download.Will retail central bank digital currencies, tokenised deposits, and stablecoins upset the delicate balance of system that has been running for decades? Stablecoins, for example, do not create money, but they claim the status of money without the institutional guarantee that makes money trustworthy. Three jurisdictions — the US, the EU, and the UK — are each resolving the same underlying contradiction in different ways. None has fully resolved it.The research behind this episode:Niepelt, Dirk, Stephen G. Cecchetti, Hélène Rey, and Xavier Vives. 2026. Digital Money: The Future of Banking 8. London: CEPR Press. Available as a free download from CEPR.To cite this episode:Phillips, Tim, and Stephen G. Cecchetti. 2026. “The digital money supply.” VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestStephen Cecchetti is the Rosen Family Chair in International Finance at Brandeis University, a Research Fellow of the Centre for Economic Policy Research (CEPR), and a Research Associate at the NBER. He was previously Economic Adviser and Head of the Monetary and Economic Department at the Bank for International Settlements, and Director of Research at the Federal Reserve Bank of New York. His research spanning monetary policy, financial stability, and banking regulation has shaped both academic and policy debate over three decades. He blogs at moneyandbanking.com.Research cited in this episodeWalter Bagehot's lender of last resort doctrine. In Lombard Street: A Description of the Money Market (1873), Bagehot argued that a central bank under stress should lend freely against good collateral at a penalty rate. The prescription remains the intellectual foundation for how central banks manage runs and systemic crises. Cecchetti invokes it to make the point that no private substitute for a central bank backstop has ever proved durable, and that the doctrine is now, one hundred and fifty years on, being tested by instruments its author could not have imagined.Monetary uniformity, mobility, and elasticity. The three institutional conditions underpinning general acceptance of money, developed in analysis by the Bank for International Settlements and discussed extensively in the report. Uniformity means a pound is a pound regardless of which bank holds it. Mobility means claims move between users and institutions at low cost and settle with finality. Elasticity means the supply of money can expand when it is under stress. Together they explain why we accept a deposit at face value without doing any analysis of the bank that issued it; and together they identify exactly where new forms of digital money create institutional gaps.Silicon Valley Bank failure, March 2023. SVB's collapse illustrates both the lender of last resort functioning and the limits of no-bailout commitments. Cecchetti notes that SVB's liabilities were still trading at par on the Thursday before its Friday failure because the Federal Reserve stood behind them. He also notes that Circle, the issuer of USDC, held $3.3 billion of its reserves at SVB and was effectively bailed out in the resolution. The episode is one of two occasions in the past twenty years where money market fund-like instruments have been backstopped by the Federal Reserve under stress.Genius Act (United States). Principle-based stablecoin regulation expected to come into effect in the US around 2027. Under its provisions, only stablecoins issued by bank-affiliated issuers will have access to the Federal Reserve; only those will therefore have the institutional backing needed to function as money. Stablecoins issued by non-bank entities will not.Markets in Crypto Assets Regulation (MiCA), European Union. The EU framework for crypto assets, which entered into force in 2024. For stablecoins, MiCA requires issuers to hold 30 to 60% of their reserves in bank deposits, with no provision for central bank backing. The stated rationale is to keep deposits within the banking system; Cecchetti notes this creates a different category of vulnerability and leaves the question of what happens under stress unresolved.Bank of England stablecoin proposal (United Kingdom). The Bank of England's approach differs from both US and EU frameworks by explicitly requiring large stablecoin issuers to hold significant reserve deposits at the Bank of England, making them in effect narrow banks with a direct central bank backstop. Cecchetti regards this as the most coherent of the three approaches in terms of institutional logic, though the same fundamental question applies: whether holding to that design under stress would be politically sustainable.Tether and the jurisdictional challenge. Tether, the largest stablecoin issuer, is registered in El Salvador having previously operated out of the British Virgin Islands. Its tokens are held by users in multiple countries, traded on exchanges in multiple jurisdictions, and backed by US Treasury securities. Cecchetti uses this to illustrate why local regulation, however well-designed, is necessary but not sufficient; effective oversight of instruments that are genuinely global requires international standards and coordination.Fractional reserve banking and the goldsmith model. The institutional structure described in the episode has roots in mid-seventeenth century England, when goldsmiths began issuing more paper receipts than they had gold in their vaults. The goldsmiths became bankers; the paper became money; the vulnerability to runs became a structural feature of private money creation that persists today. Cecchetti uses the history to make the point that while technology changes how we store and transmit information, the underlying architecture of trust in private money is as old as Newtonian physics.More VoxTalks Economics episodesMaking banking safe, Stephen Cecchetti and Kermit Schoenholtz. Our financial system is supposed to be more resilient than before the global financial crisis, but that didn't save Silicon Valley Bank, Signature Bank or First Republic. So what went wrong?Related reading on VoxEUNew coins on the block: Digital currencies and the financial system. The authors of the Barcelona Report warn that “Digital money will be reliable only where sound institutions and robust technology come together.”

The Dallas Morning News
Rob Kaplan on Intersections Podcast

The Dallas Morning News

Play Episode Listen Later Jun 3, 2026 78:07


On this episode of Intersections, Rob Kaplan, the vice chairman of Goldman Sachs and former president of the Federal Reserve Bank of Dallas, talks about the forces shaping America's economic future and the importance of local leadership. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speaking of the Economy
The Rise of Stablecoin and the Demand for Dollars

Speaking of the Economy

Play Episode Listen Later Jun 3, 2026 22:23


Marina Azzimonti discusses how digital currency like stablecoin and physical currency like the U.S. dollar are tied together, how the demand for one affects the other, and how this relationship plays out in global financial markets. Azzimonti is a senior economist and research advisor at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_06_03_stablecoin_dollars

The City Club of Cleveland Podcast
A Conversation with Cleveland Federal Reserve President Beth Hammack

The City Club of Cleveland Podcast

Play Episode Listen Later Jun 2, 2026 60:00


Established more than 100 years ago to address stresses in the banking system, the Federal Reserve is the U.S. central bank. It comprises the Board of Governors, a federal agency located in Washington, D.C., and 12 Federal Reserve Banks around the nation.rnrnOne of these banks is the Federal Reserve Bank of Cleveland, which serves the Fourth Federal Reserve District.rnrnThe Fourth District encompasses Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. Its mission is to ensure banks are trustworthy and secure, to keep the financial system running, and to represent Fourth District priorities on the national stage.rnrnCleveland Fed President and CEO Beth Hammack has led the Federal Reserve Bank of Cleveland since 2024. This year, she is one of 12 voting members of the Federal Open Market Committee, which is responsible for setting monetary policy.rnrnHammack has more than 30 years of experience in finance, capital markets, and risk management. Before joining the Cleveland Fed, she was cohead of global financing at Goldman Sachs Group, Inc., where she was also a member of the management committee.rnrnAs president and CEO, Hammack oversees 1,100 employees in the Bank's Cleveland, Cincinnati, and Pittsburgh offices who conduct economic research, supervise banking institutions, and provide payments services to commercial banks and the U.S. government.

Inside Sources with Boyd Matheson
Remote work negatively affects job market for new college graduates

Inside Sources with Boyd Matheson

Play Episode Listen Later Jun 2, 2026 10:34


Is artificial intelligence actually to blame for a dimmer job market for new college grads? Or is it something else? The Federal Reserve Bank of New York is out with some new data that looks at these situations and it turns out, something else is to blame: remote work.

Bloomberg Talks
Fed's Alberto Musalem Talks Fed Policy

Bloomberg Talks

Play Episode Listen Later May 28, 2026 14:41 Transcription Available


Federal Reserve Bank of St. Louis President Alberto Musalem says he thought the easing bias was no longer consistent with the balance of economic risks at the FOMC's last meeting. He speaks with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.See omnystudio.com/listener for privacy information.

Agri-Pulse DriveTime
Agri-Pulse DriveTime: May 26, 2026

Agri-Pulse DriveTime

Play Episode Listen Later May 26, 2026 4:59


The nation's corn and soybean farmers are nearing completion of planting this season's crops. The planting pace and crop emergence are both at or above the average pace. The National Farmers Union is calling on the Senate for urgent and comprehensive reform to the farm safety net. The Federal Reserve Bank of Chicago reports falling repayment rates on farm loans compared to last year. 

The Best One Yet

Whip open your wallets, because no one affects your paycheck like this man. We just sat down with Austan Goolsbee — President of the Federal Reserve Bank of Chicago. He's a Macarthur Genius, former Chair of Obama's Economic Advisors, and the coolest economist we know: Picture Ted Lasso meets Paul Volcker… He's the Maestro of our Money Supply, and he guided the economy through the ‘08 financial crisis and today's Inflation Situation.So Auston spilled the money beans for us: The 2009 phone call with the President that was the worst financial briefing since the Great Depression… What it's like in the room when he votes to change interest rates (spoiler: The table is huuuuge)... How he'd grade outgoing Fed Chair J-Poww… and why he's not a “Dove” or a “Hawk” — He's a “Data Dog.”If you want to know when you can finally afford buy a house, then Austan Goolsbee has the insights on the forces affecting that — And he makes dropping data sound as smooth as a beer commercial.CHAPTERS:Intro: Austan Goolsbee Joins TBOYObama's "Worst Briefing Since 1932" — Goolsbee On The 2009 Financial CrisisPaul Volcker's One Rule For Every Crisis: Don't Blow Your CredibilityThe 31% Housing Rule: Why Most Americans Are At Foreclosure RiskWhy Housing Has Compounded 5% A Year For 25 YearsDid Tariffs Cause Inflation? Goolsbee On The 1% BumpIs Stagflation A Real Threat In 2026? Goolsbee Says "We're Not 1978"Will AI Take Your Job? The Lump Of Labor Fallacy ExplainedWhy The Federal Reserve Has 12 Regional BanksInside The FOMC: How The Fed Actually Sets Interest RatesGoolsbee On Kevin Warsh: The New Fed Chair & Why The Job MattersThe "Data Dog" Approach: What Goolsbee Watches Instead Of CPIFed Independence: Why Inflation Roars Back Without ItGoolsbee's Jerome Powell Grade: First Ballot Hall Of FamerRapid Fire: Sunk Cost Fallacy, Ditka, And Best Chicago RestaurantNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

MPR News with Angela Davis
The rising cost of housing in Minnesota

MPR News with Angela Davis

Play Episode Listen Later May 21, 2026 47:55


Whether you're renting, trying to buy your first home, or making a move — many people are finding that affordable housing feels out of reach. Minneapolis Federal Reserve President Neel Kashkari recently pointed to four major factors pushing up housing prices: High interest rates, rising construction costs, regulations and zoning rules, and a shortage of housing overall. MPR News guest host Catharine Richert talks about what more expensive housing means for renters and buyers across Minnesota — and what policymakers, builders and communities can do to make housing more affordable. Guest:Alene Tchourumoff is the senior vice president of Community Development and Engagement for the Federal Reserve Bank of Minneapolis. Her team studies housing affordability and economic trends affecting low and moderate-income households across Minnesota. Subscribe to the MPR News with Angela Davis podcast on: Apple Podcasts, Spotify or RSS.

Speaking of the Economy
What CFOs Say About AI Adoption

Speaking of the Economy

Play Episode Listen Later May 20, 2026 18:12


Sonya Waddell and John Graham share their research on the adoption of artificial intelligence in the workplace, based on the expected and realized effects reported by the financial executives who participate in the CFO Survey. Waddell is a vice president and economist at the Federal Reserve Bank of Richmond and Graham is a finance professor at the Fuqua School of Business at Duke University and director of the CFO Survey. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_05_20_CFO_AI

CEO Spotlight
Richard Fisher, former CEO, Federal Reserve Bank of Dallas : "Kevin Warsh: Walking Into America's Economic Buzzsaw"

CEO Spotlight

Play Episode Listen Later May 18, 2026 9:11


Richard Fisher, former CEO, Federal Reserve Bank of Dallas : "Kevin Warsh: Walking Into America's Economic Buzzsaw" full 551 Mon, 18 May 2026 23:09:10 +0000 ZbEJJYlgZN2kAeUELEfV4k2sywS1XjEQ business CEO Spotlight business Richard Fisher, former CEO, Federal Reserve Bank of Dallas : "Kevin Warsh: Walking Into America's Economic Buzzsaw" David Johnson CEO Spotlight 2024 © 2021 Audacy, Inc. Busines

The Bid
260: The Top Retirement Trends That Are Reshaping Investing, Income and Longevity

The Bid

Play Episode Listen Later May 8, 2026 17:32


Retirement systems are undergoing a structural shift as traditional pensions decline and individuals take on greater responsibility for financial outcomes. Longer lifespans and evolving capital markets are making retirement planning more complex and consequential.Oscar Pulido speaks with Nick Nefouse, Global Head of Retirement Solutions at BlackRock. They discuss how defined contribution plans, target date funds, and regulatory changes are reshaping how individuals save, invest, and prepare for retirement.The conversation explores how retirement is moving from a focus on accumulation to income generation, particularly during the “retirement window.” It also highlights how global systems are converging toward similar models, and how innovation—across portfolio construction, private markets, and guaranteed income—is influencing long-term outcomes.Key insights:· How the shift from pensions to defined contribution plans is changing investor responsibility· Why longevity is reshaping retirement timelines and financial planning needs· How target date funds are simplifying access to capital markets for individuals· What the “retirement window” reveals about diverging investor outcomes· Where global retirement systems are converging despite regional differences· How income generation is becoming central to retirement portfolio design

Make Me Smart
It's tough out there for new college grads

Make Me Smart

Play Episode Listen Later Apr 30, 2026 19:17


We're approaching graduation season for this year's crop of college seniors. But along with all the celebrations, there's an extra dose of uncertainty hanging in the air around new grads, as they face an extra-tough job market and the rise of AI. On today's show, Kimberly talks to New York Times labor and workforce reporter Noam Scheiber, whose new book “Mutiny: The Rise and Revolt of the College-Educated Working Class” digs into the historical context for the environment today's seniors are graduating into. Here's everything we talked about today:”Mutiny: The Rise and Revolt of the College-Educated Working Class” by Noam Scheiber”Young Graduates Face the Grimmest Job Market in Years” from The New York Times”The Labor Market for Recent College Graduates” from The Federal Reserve Bank of New York ”College Graduates Are Struggling to Find Jobs. AI is Partly to Blame.” from CNBC”U.S. Worker Thriving Declines as Job Market Pessimism Grows” from GallupWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Marketplace All-in-One
It's tough out there for new college grads

Marketplace All-in-One

Play Episode Listen Later Apr 30, 2026 19:17


We're approaching graduation season for this year's crop of college seniors. But along with all the celebrations, there's an extra dose of uncertainty hanging in the air around new grads, as they face an extra-tough job market and the rise of AI. On today's show, Kimberly talks to New York Times labor and workforce reporter Noam Scheiber, whose new book “Mutiny: The Rise and Revolt of the College-Educated Working Class” digs into the historical context for the environment today's seniors are graduating into. Here's everything we talked about today:”Mutiny: The Rise and Revolt of the College-Educated Working Class” by Noam Scheiber”Young Graduates Face the Grimmest Job Market in Years” from The New York Times”The Labor Market for Recent College Graduates” from The Federal Reserve Bank of New York ”College Graduates Are Struggling to Find Jobs. AI is Partly to Blame.” from CNBC”U.S. Worker Thriving Declines as Job Market Pessimism Grows” from GallupWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

The Indicator from Planet Money
Premium and affordable products are having a moment

The Indicator from Planet Money

Play Episode Listen Later Apr 27, 2026 8:21


It's the Beigie awards! Our less than ten times a year salute to the art and science of telling stories about the economy. Today on the show, Kevin Dancy, vice president and regional executive at the Federal Reserve Bank of Atlanta, lays out a worrying consumer trend that's affecting how retailers do business.Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.com/#tourThe Indicator has a weekly newsletter! Be among the first and sign-up now: npr.org/indicatornewsletterRelated episodes: A little doomsday feeling is weighing on the economyHow to beach on a budgetFor sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy