Wintrust Business Lunch: Recent Episodes
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Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John to talk about what’s going on with the bond market, why interest rates are ticking higher, and Illinois leading in home price growth, and the hottest real estate markets right now.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Jump Capital closing a $350M fund focused on AI and cybersecurity,
Segment 3: Andrei Turea, Co-owner & CEO, Green Attic Roofing, joins John to talk about how business has been going with all the storms, the biggest roofing problems people are dealing with right now, why solar makes financial sense, what to know about solar incentives, and how Green Attic Roofing will guide you through the entire process.
https://serve.castfire.com/audio/8584124/8-10-26_Noon_Business_Lunch_bond_market_interest_rates_home_prices_AI_cybersecurity_fund_Green_Attic_Roofing_2026-08-10-190924.128.mp3Recent PostsNoon Business LunchBond market, oil prices, home price growth.cls-7{fill:#fff;fill-rule:evenodd}Job loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the loss of jobs in July, how the economy is performing overall, why the market still continues to rise, and the importance of creating a financial plan to make sure your money lasts through retirement.
Segment 2: Tim Paradis, Future of Work Correspondent, Business Insider, tells John about the era of the forever layoff.
Segment 3: José Pablo Cantillo, actor, producer, and writer (The Walking Dead, Sons of Anarchy), joins John Williams to talk about the historic Skokie theater reopening this fall as The Skokie. Jose tell John how he became involved with this project, his love of theater, how the renovations are going, the support from the village of Skokie, and who will handle the program curatioin, and what you can expect to see when it opens later this year.
https://serve.castfire.com/audio/8580682/8-7-26_Noon_Business_Lunch_jobs_report_market_rising_forever_layoffs_The_Skokie_reopening_2026-08-07-184722.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about the market rally, why it’s been a good year in the market despite volatility, economic data continuing to be strong, what’s going on with oil prices, if he’s concerned about inflation, how Fed policy is impacting the housing market, and why he’s bullish on the future,
Segment 2: Elliot Richardson, Co-founder and President, Small Business Advocacy Council, joins John Williams to talk about the cost of health insurance and how it is impacting small business.
Segment 4: Shraysi Tandon, Co-Founder, CEO, Kidsy, talks to John about her off-price e-commerce company, how they help brands and retailers sell their excess inventory, what types of products they sell, the market they are going after, and why she calls the company the ‘online TJ Maxx for the parenting world.’
https://serve.castfire.com/audio/8577331/8-6-26_Noon_Business_Lunch_market_rally_economic_data_small_business_health_insurance_Kidsy_e_commerce_2026-08-06-185131.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the stock market and why it’s continuing to hit all-time highs. Terry and John are joined by the always engaging money expert Dr. Bob Froehlich, who gives an update on the prediction he made in January that the Dow would reach 57,067 by the end of 2026. Dr. Bob also talks about Fed policy, the possibility of interest rate hikes, and why he believes the inflation number is overstated, Also, check out Terry’s latest column, ‘Taking Care of Your Money.’
https://serve.castfire.com/audio/8562897/8-5-26_Noon_Business_Lunch_stock_market_highs_inflation_overstated_Dr_Bob_Froehlich_Terry_Savage_2026-08-05-184037.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about why it’s okay to be passionate about work, and the importance of listening to senior level employees.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about the challenge companies face when deciding the best time for a business reveal. When is it better to tell people everything early, when should you telegraph/drop hints, and when should you TOTALLY surprise them? Philippe breaks it all down.
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John Williams to talk about Illinois ranking second to last in the U.S. on building new housing, and Ex-Cub Yu Darvish’s house being back on the market.
https://serve.castfire.com/audio/8560388/8-4-26_Noon_Business_Lunch_work_passion_crying_business_reveal_building_new_housing_in_Illinois_2026-08-04-194528.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John to talk about Fannie Mae and Freddie Mac are implementing stricter condominium mortgage underwriting policies, and a new survey that shows nearly 9 in 10 agents believe buyers benefit from independent representation and access to every listing.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about TechNexus launching a new product, SecondWave, that will help companies manage their existing investments.
Segment 3: Ted Rossman, Principal Consumer Finance Analyst, Money Management International, joins John to talk about how high prices and inflation are impacting consumer debt.
https://serve.castfire.com/audio/8557811/8-3-26_Noon_Business_Lunch_stict_rules_for_condo_buyers_SecondWave_TechNexus_Americas_debt_problem_2026-08-03-192411.128.mp3More with Ilyce GlinkRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John to talk about the economics of data centers, his thoughts on the Fed decision not to raise interest rates, how the market reacted to the Fed decision, and the positive relationship between immigration and the economy.
Segment 2: Ben Azulay, President, National Brokerage, Bradford Allen, joins John to talk about the latest Chicago area office market reports. What were the major takeaways from the report?
Segment 3: Sarah E. Needleman, Leadership & Workplace Correspondent at Business Insider, joins John Williams to talk about companies starting to use AI chatbots for job interviews.
https://serve.castfire.com/audio/8554238/7-31-26_Noon_Business_Lunch_data_center_Fed_decision_immigration_Chicago_office_market_AI_chatbots_for_interviews_2026-07-31-182038.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Restaurateur Dan Hart, President of Hart Alliance, to talk about the restaurants he runs in McHenry, why McHenry is a great place to do business, the benefits of being located close to the Fox River, some of the fan favorites at the restaurants, the challenge of running a restaurant in the current client, what drove him to the restaurant business and what it takes to run a successful restaurant business.
Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to talk about staffers at major AI companies asking to slow down AI development.
Segment 3: Stephen Kates, Principal, Clocktower Financial Consulting, joins John to talk about market reaction to the Fed policy announcement, his thoughts on what direction Chairman Kevin Warsh is taking the Fed, his thoughts on the inflationary pressure people are feeling, the health of the job market, why he is still fairly bullish, and what he’s telling clients about their investments.
https://serve.castfire.com/audio/8550158/7-30-26_Noon_Business_Lunch_McHenry_Restaurants_AI_development_slowdown_Fed_decision_infaltion_pressure_job_market_health_2026-07-30-192058.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about why the stock market is tumbling today, what she expects from the Fed policy decision about rates, why you should stress test your money, and to answer all of your financial questions.
https://serve.castfire.com/audio/8547279/7-29-26_Terry_Savage_stock_market_Fed_policy_decision_financial_questions_answered_2026-07-29-185519.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John for a spirited chat revisiting last week’s conversation about minimum wage not being a living wage, and to discuss the importance of developing lower level employees to keep a company’s foundation strong.
Segment 2: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins John Williams to talk about why the market has been performing well today, what he expects to come out of this week’s Fed policy meeting, the whipsaw on oil prices, the concern over higher grocery prices and gasoline, why he’s still optimistic about the bull market, and what he’s telling his clients right now.
https://serve.castfire.com/audio/8544433/7-28-26_Tom_Gimbel_minimum_wage_living_wage_Phillip_Shaw_market_recovery_Fed_policy_meeting_retirement_goals_2026-07-28-195533.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John Williams to talk about a new survey that shows 60% of C-Suite real estate veterans expect conditions to improve over the next 12 months.
Segment 2: Frank Manzo, Economist at the Midwest Economic Policy Institute, joins John to talk about a new study by the Midwest Economic Policy Institute shows that federal tariffs added more than $2000 in average annual costs to each household across a six-state Midwest region.
https://serve.castfire.com/audio/8541972/7-27-26_Noon_Business_Lunch_Real_Estate_Market_Outlook_with_Ilyce_Glink_Tariff_impact_on_the_Midwest_2026-07-27-190312.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John to talk about the difference between income and assets, what you should know about annuities, what’s driving the market this lately, if he’s concerned about the imposing new tariffs on Canada, and if he’s still optimistic about 2026.
https://serve.castfire.com/audio/8542041/8542041_2026-07-27-191441.64kmono.mp3TUNE IN to WGN Radio and listen to The Alpha Wealth Hour on Sundays at 7 AM. Catch up on previous episodes on WGNRadio.com, and subscribe to it on Apple, Spotify, or wherever you get your podcasts!
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Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, talks to John about how the market is becoming less forgiving, why the markets are looking past tariffs, if he’s concerned about inflation, employment being historically strong, and why he believes this could be a buying opportunity.
Segment 2: Adam Greenberg, known as the “Diaper King of Chicago”, founder of Northshore Care Supply, makers of Northshore Adult Diapers, joins John to talk about why he came into this business, how the company helps older adults who need diapers regain their dignity, how his product differs from its competitors, the importance of having reliable protection, if they have a target audience, how they became a trusted provider, and why they don’t shy away from the term ‘adult diapers.’
Segment 3: Lynn Sapp, third-generation owner of the Original Rainbow Cone in Beverly, joins John to talk about all the events to celebrate their 100th birthday!
https://serve.castfire.com/audio/8538755/7-24-26_Craig_Bolanos_markets_inflation_tariffs_Adult_Diapers_Northshore_Care_Supply_Rainbow_Cone_100_2026-07-24-192855.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, journalist, economic analyst, author of ‘The Hamrick Brief‘ on Substack, joins John to talk about why Rice-a-Roni still exists, the resiliency of the job market, mortgage rates moving in the wrong direction, and the likelihood the Fed raises rates this year.
Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to talk about everything Samsung revealed at their Unpacked event.
Segment 3: Tim Scholten, SVP for BOWA and project executive for Home Court, joins John to talk about what BOWA construction does, their work building the athletic facility at the Obama Center, how building an athletic facility is different from building an office, and what the WNBA All-Star Weekend could mean for Home Court and the surrounding community.
Segment 4: Ariella Gibson, Director of Marketing and Communications for the Chicago Loop Alliance, joins John to break down the CLA’s State of the Loop Quarter 2 report.
https://serve.castfire.com/audio/8536289/7-23-26_Noon_Business_Lunch_job_market_mortgage_rates_Samsung_Unpacked_BOWA_Home_Court_Loop_activity_report_2026-07-23-195129.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to answer all of your financial questions.
https://serve.castfire.com/audio/8533736/7-22-26_Noon_Business_Lunch_Terry_Savage_answers_all_of_your_financial_questions_stock_market_highs_2026-07-22-184336.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about minimum-wage workers not being able to afford rent in a single big city. Tom also shares his thoughts on the positives and negatives of unlimited PTO.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to explain why strategically refining existing products that match changing customer needs often works better for a company than a dramatic product “shake-up.”
Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John to talk about the difference between income and assets, what you should know about annuities, what’s driving the market this week, if he’s concerned about President Trump imposing new tariffs on Canada, and if he’s still optimistic about 2026.
https://serve.castfire.com/audio/8530689/7-21-26_Minimum_Wage_Unlimited_PTO_product_shake_ups_income_assets_annuities_tariffs_Canada_stock_market_outlook_2026-07-21-195329.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John Williams to talk about new research that shows that none of the 50 most populous U.S. metros are truly affordable for a minimum-wage worker, and why America’s housing deficit held flat in 2024.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Unicorn Auctions eyeing $100M revenue mark, DubClub, a Chicago startup that helps sports bettors follow and mirror the bets of successful handicappers, hiring a DraftKings vet as its new CEO, and what he recommends to see during TechChicagoWeek.
Segment 3: Brad Henderson, CEO, P33, joins John Williams to tell us everything we need to know about this week’s Global Quantum Forum.
https://serve.castfire.com/audio/8527827/7-20-26_Noon_Business_Lunch_minimum_wage_housing_deficit_Unicorn_Auctions_Global_Quantum_Forum_2026-07-20-182727.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about what’s going on with the stock market this week, how the market has performed the first half of the year, the importance of a well diversified portfolio, the strong economic data that we have been seeing, why he thinks the consumer will continue to do well, his thoughts on oil prices, the ongoing concern over inflation, and what he expects from Fed policy the remainder of the year.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins John Williams to talk about some of the recent vehicles that he’s been test driving, why Toyota is having a nice sales quarter, the best-selling EVs of 2026, how tariffs are impacting car sales, and to answer all of your automotive questions.
https://serve.castfire.com/audio/8521737/7-17-26_Noon_Business_Lunch_market_correction_AI_consumer_sentiment_Tom_Appel_on_new_cars_Toyota_EV_sales_2026-07-17-192437.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tifair Hamed, Chief Growth Officer at P33, joins John to tell us everything we should know about TechChicagoWeek 2026. Tifair says to think about this event as the ‘Lollapalooza for Innovation.’
Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to talk about Samsung’s summer Galaxy Unpacked event. What are the big things we should be on the lookout for?
Segment 3: Mike Spriggs, Head of Consumer Insights at Fiserv, joins John Williams to break down Fiserv’s June Small Business Index.
Segment 4: Elliot Richardson, Co-founder and President, Small Business Advocacy Council, joins John Williams to talk about why Chicago needs a ‘Small Business Bill of Rights.’
https://serve.castfire.com/audio/8519279/7-16-26_TechChicagoWeek_Samsung_Unpacked_event_Fiserv_small_business_index_Chicago_Small_Business_Bill_of_Rights_2026-07-16-195519.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John Williams to remind listeners to avoid watching the stock ticker 24/7 and why it’s not important to keep track of. Terry also answer listeners questions about social security, T-bills and more.
Segment 2: Laura Freveletti CEO of Les Turner ALS Foundation, joins John to talk about what ALS is, who does ALS affect, what the new Illinois state budget for ALS funding provides and to share details for the ALS Walk for Life event occurring on Saturday, October 24 at Soldier Field.
https://serve.castfire.com/audio/8517010/8517010_2026-07-15-200910.64kmono.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Craig Bolanos, Co-founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams to talk about the markets, President Trump’s handling of the housing assistance bill and the gradual impact on housing inventory and borrowing costs. Craig and John also cover gas prices, Fed Chair Kevin Warsh, SK Hynix and SpaceX.
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Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to share tips on how to ace an interview and the truth about sales and why it seems so discouraging when you start off.
Segment 2: Longtime Chicago radio veteran Harvey Wells, founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. To request a Free Tech Check from Harvey, you can email: hmwellsradio@gmail.com or call 312-307-1700.
https://serve.castfire.com/audio/8516091/8516091_2026-07-15-145031.64kmono.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1/2: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John to discuss how recent economic data show real wages have risen about 2.2% over the past two years, meaning Americans are, on average, keeping up with or slightly outpacing inflation despite higher costs in areas like housing and energy.
Segment 3: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about how artificial intelligence is driving a surge in commercial office demand, with AI firms rapidly expanding physical office space in top hubs like Silicon Valley and New York while Chicago’s AI-related office footprint, though much smaller, has grown about 45% year over year.
SEGMENT 4: Ron Saslow, Founder and Managing Partner of Thirty-5 Capital and Co-Owner of the Chicago Slice, chicagoslice.com joins John to talk about how Chicago’s professional pickleball team, the Chicago Slice, is hosting Major League Pickleball’s first Chicago tournament, with an exhibition at Wrigley Field’s Gallagher Way followed by a four-day tour event at Lifetime North Shore in Northbrook. For more information, go to www.chicagoslice.com
https://serve.castfire.com/audio/8506931/7-13-26_Noon_Business_Lunch_2026-07-13-190631.64kmono.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams to talk about the markets, President Trump’s handling of the housing assistance bill and the gradual impact on housing inventory and borrowing costs. Craig and John also cover gas prices, Fed Chair Kevin Warsh, SK Hynix and SpaceX.
Segment 2: Matt Schultz, LendingTree chief credit analyst, joins John to discuss a new survey on businesses optimism and how different states stack up.
https://serve.castfire.com/audio/8503938/7-10-26_Noon_Business_Lunch_2026-07-10-213338.64kmono.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Katie Notopoulos, senior correspondent at Business Insider, joins John Williams to talk about a new study that suggests women had an easier time getting hired after losing weight on GLP-1s.
Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to talk about Meta’s smart glasses privacy problems, and why game consoles are getting more expensive.
Segment 3: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the ups and downs of the market this week, why the market is rebounding today, what to expect from earnings season, and his thoughts on what the Fed will do with interest rates.
https://serve.castfire.com/audio/8500517/7-9-26_Noon_Business_Lunch_GLP-1_job_impact_AI_anxiety_Fed_outlook_Meta_privacy_smart_glasses_2026-07-09-190517.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about why the stock market is tumbling today, why people should not use AI for financial advice, the importance of setting a financial plan and not changing because of emotions, the health of the housing market, the latest on Trump Accounts for kids, and to answer all of your financial questions.
https://serve.castfire.com/audio/8498127/7-8-26_Noon_Business_Lunch_Terry_Savage_Be_careful_about_using_AI_for_financial_advice_2026-07-08-180627.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the economic impact of the World Cup. Tom also shares his thoughts on last week’s June labor report, and the importance of teenagers having summer jobs.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John Williams to talk about Chicago area homes selling fast, the health of the downtown condo market, and Tiger Woods’ former coach selling his Glencoe home.
https://serve.castfire.com/audio/8495903/7-7-26_Tom_Gimbel_summer_jobs_World_Cup_job_June_labor_report_Chicago_home_sales_fast_condo_market_health_2026-07-07-193603.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John Williams to talk about Trump Accounts for kids and what you need to know, job creation cooling, and a new survey that showed 20% of Americans have reduced or stopped contributing to savings or retirement in 2026.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about online payments company Stripe expanding its Chicago office, an Austin, Texas company bringing its battery systems to Illinois homes, and Philip Makotyn joining the Illinois Quantum and Microelectronics Park after spending two decades helping build Colorado’s quantum technology ecosystem.
https://serve.castfire.com/audio/8493521/7-6-26_Noon_Business_Lunch_Trump_Accounts_Job_numbers_retirement_numbers_Stripe_Power_Base_Chicago_2026-07-06-193721.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, author of ‘The Hamrick Brief‘ on Substack, joins John to talk about the June monthly job report coming in below expectations, the Federal Reserve’s ongoing quest to combat inflation, and if we are likely to see interest rate hikes in 2026.
Segment 2: John Frank, Founder and CFO of Third Road Management, joins John to talk about how the company provides fractional management services, how the business has grown over the last 10 years, how AI has impacted their business model, and Third Road’s Future Business Leaders program at Innovation DuPage in Glen Ellyn.
Segment 3: Shruti Patel, Chief Product Officer for Business Banking at U.S. Bank, tells John the results of U.S. Bank’s Small Business Survey.
https://serve.castfire.com/audio/8489281/7-2-26_June_jobs_report_Fed_Reserve_interest_rates_Third_Road_Future_Business_Leaders_US_Bank_small_business_survey_2026-07-02-181621.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the benefits of opening a Trump Account for kids, and to answer all of your financial questions.
Segment 2: Jeff Nydegger is the Co-Founder & CEO at Jeff Buys Your House, the leading
house-buying company in Chicagoland, joins John Williams to talk about how an appointment typically works and the areas they serve, the importance of being an integrity band, the importance of listening to find the clients needs, and how experience informs what they do. Jeff also talks about his military service, how his military service helps him in business today. Jeff will buy your home, no matter the condition. Call or text 630-552-6603 for more information or visit jeffbuysyourhouse.com
https://serve.castfire.com/audio/8486937/7-1-26_Noon_Business_Lunch_Terry_Savage_Trump_Accounts_Jeff_Buys_Your_House_2026-07-01-183037.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to give some tips on what you should do if you are applying for a new job right now.
Segment 2: Jim Glueckert, Co-chair of Frontier Days Festival in Arlington Heights, tells John everything you should know about this year’s festival!
Segment 3: Jack Ablin, Founding Partner & Chief Investment Strategist, Cresset Capital, talks to John about the market rebound the last couple of days, what is propelling the markets right now, and if he expects the Fed to raise rates in 2026.
Segment 4: Elliot Richardson, Co-founder and President, Small Business Advocacy Council, joins John to tell John about some of the positive things that came out of the spring legislative session in Illinois that will assist small businesses.
https://serve.castfire.com/audio/8484597/6-30-26_Jop_application_tips_Frontier_Days_in_Arlington_Heights_market_rebound_rate_hikes_small_business_advocacy_illinois_2026-06-30-191837.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John Williams to talk break down a new study on financial fulfillment.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Chicago’s quantum campus beginning to take shape, a Chicago-based tech investor that made early bets on SpaceX raising $2.5B for its next fund, and The University of Chicago, Northwestern University and the University of Illinois and five other leading research universities have officially opened the Third Coast Foundry in San Francisco
Segment 3: Rich Gentile, Founder, Santa for a Day, tells John about the mission of their organization, how they provide Christmas gifts to low-income, marginalized, and vulnerable communities, and their upcoming ‘Christmas in July’ fundraiser at Evanston SPACE next month.
https://serve.castfire.com/audio/8481953/6-29-26_Noon_Business_Lunch_financial_fulfillment_survey_Quantum_campus_Santa_for_a_Day_2026-06-29-195853.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins Jon Hansen to talk about the possibility of interest rate hikes as the Fed looks to combat inflation, how SpaceX is doing after the initial IPO, why AI stocks were hit hard this week, the bipartisan housing bill that is waiting to signed by President Trump, and why he’s still optimistic about the economy moving forward.
Segment 2: David Saffrin of Sunrun Solar, joins Jon to talk about the history of the company, the the stability of solar power, how the pricing and installation works, how much a typical home can save on costs, and the many benefits of the Sunrun home battery.
Segment 3: Lenny Feil, Designated Managing Broker and Owner at Century 21 Harthside Realtors, joins Jon Hansen for the Front Porch Report. Lenny talks about the health of the Chicago area real estate market, and some areas that are seeing steady growth for homebuyers. For more information, visit lennyfeil.com or call 708-870-0514.
https://serve.castfire.com/audio/8478730/6-26-26_Noon_Business_Lunch_Fed_policy_rate_hikes_inflation_fight_SpaceX_AI_stocks_housing_bill_Sunrun_Solar_Chicago_area_real_estate_market_2026-06-26-184930.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Chris Stephens, Executive Director of the Donald E. Stephens Convention Center, joins John to talk about the large amount of events they host each year, how many people visit the convention center, why repeat business is integral to their success, the way the city of Rosemont supports the convention business, and why Rosemont remains a convention powerhouse.
Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to talk about Apple abruptly raising prices on some of their most popular products.
Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John to talk about how the market is performing today, why he thinks there is opportunity for investors, the concern over rising inflation, and why it’s an appropriate time to discuss taxes in retirement, and his thoughts on the viability of Social Security.
https://serve.castfire.com/audio/8476371/6-25-26_Noon_Business_Lunch_Rosemont_Conventions_Apple_raising_prices_market_highs_rising_inflation_taxes_retirement_Social_Security_viability_2026-06-25-194411.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about the latest on the war with Iran and the price of oil, where the market trends are going, why he’s encouraged by the broadening of the market, the price of housing, what he’s expecting for interest rates and inflation, and why there is a lot of opportunity for investors right now.
Segment 2: Carl “Gus” Porter III, President/CEO, WGN Flag & Decorating Co., talks to John about the history of their business, the types of products they make, where you see their work around Chicagoland, how many people they employ, what kind of flags they sell, and how business has been going as the country celebrates 250!
Segment 3: Joe Cicero, President of Marketing and Promotions, McHenry Outdoor Theater, joins John to talk about their big MLB event on the 4th of July that features a showing of ‘The Sandlot,’ the Cubs-Cardinals game, and fireworks! Joe also tells us what other movies you can see this summer!
https://serve.castfire.com/audio/8473765/6-24-26_Market_trends_price_of_oil_interest_rates_inflation_WGN_Flag_Company_McHenry_Outdoor_Theater_2026-06-24-184205.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to explain what employers should consider when hiring young workers on top of what they accomplished at an internship. Tom also talks about why so many young people are living with their parents.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about why businesses need to think twice before adding a second name to the company. The controversy surrounding the Kennedy Center serves as a timely reminder that names attached to organizations can carry consequences far beyond their original intent.
Segment 3: Jenny Dalton-Hill, General Manager, Chicago Bandits, joins John Williams to tell us about Chicago’s professional softball team, the AUSL season, the home games being played in Rosemont, their partnership with MLB, and how the sport has grown through the years.
Segment 4: Maple Walker Lloyd, VP of Partnerships, Block Club Chicago, tells John all about Block Club’s upcoming workforce development fair.
https://serve.castfire.com/audio/8471372/6-23-26_Internships_kids_living_with_parents_name_changes_on_businesses_Chicago_Bandits_Block_Club_Chicago_career_fair_2026-06-23-192412.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins Jon Hansen, filling in for John Williams, to talk about why existing home sales are at a three-decade low.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells Jon about Chicago startup EeroQ saying it has demonstrated a new approach to building a quantum computer, the University of Chicago partnering with a Paris startup campus to connect the city to the French tech scene, and Formic Technologies opening new Bolingbrook headquarters.
Segment 3: Daryn Schwartz, Co-Founder, The Space Together, talks to Jon about their new concept that brings together the trifecta of wellness, co-working, and community. Daryn tells Jon what makes The Space Together stand out from the competition.
https://serve.castfire.com/audio/8468810/6-22-26_Noon_Business_Lunch_Existing_Home_Sales_Quantum_Computing_The_Space_Together_2026-06-22-195810.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Marc Lillibridge, PR Director, Nikco Sports, joins John to talk about their gorgeous Chicago Cubs 150th Anniversary 34″ bat.
Segment 2: Jamal Malone, CEO, Ada S. McKinley Community Services, joins John to talk about the mission of their nonprofit organization, the type of students they serve, what we should know about the Trunk Scholarship Program, and the upcoming Truck Scholarship celebration the Obama Presidential Center in July.
Segment 3: Chris Atiyah, CEO and co-founder of Chicago-basedEngtal, joins John to talk about running one of the fastest-growing staffing firms, their focus on some of the highest-demand markets, how AI is helping their company, and what makes Engtal so unique.
Segment 4: Katie Anderson-Tedder, Co-owner, Anderson’s Candy Shop, joins John Williams to talk about Anderson’s 100th anniversary celebration!
https://serve.castfire.com/audio/8465472/6-19-26_Noon_Business_Lunch_Nikco_Cubs_bat_Ada_McKinley_Trunk_Celebration_Engtal_staffing_Andersons_Candy_Anniversary_2026-06-19-195812.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Rob Bhatt, Senior Writer and Insurance expert, Lending Tree, joins John Williams to talk about the state of home insurance in 2026. Rob breaks down why insurance rates in Illinois are rising.
Segment 2: Owen Poole, Senior Video Producer, CNET, joins John Williams to talk about Fox announcing that it will acquire Roku, and Apple’s Tim Cook saying price increases are ‘unavoidable.’
Segment 3: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John to analyze how the hike in energy prices due to the Iran war has impacted the economy, if he’s generally optimistic about the state of the economy, and how one day can make an impact on the labor market when it comes to remote work.
https://serve.castfire.com/audio/8463371/6-18-26_Noon_Business_Lunch_Home_Insurance_prices_Roku_Fox_Apple_prices_energy_prices_economy_labor_market_remote_work_2026-06-18-192011.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage, along with Pam Krueger, Founder and CEO, Wealthramp, join John Williams to offer tips on how to find a reputable fee-only financial advisor.
https://serve.castfire.com/audio/8460920/6-17-26_Noon_Business_Lunch_Terry_Savage_Pam_Krueger_Wealthramp_how_to_find_a_fee_only_fiduciary_2026-06-17-180920.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to give some tips to people that are starting a new job, the importance of using tools that will bring you the most success, why you shouldn’t discount unpaid internships, and how AI can positively impact job performance.
Segment 2: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins John Williams to talk about how the market has been performing this week, the potential end of the war with Iran, why he believes we are in the middle of a bull market, earnings continuing to be strong, how concerned he is about inflation, and what he expects from the Fed meeting this week.
https://serve.castfire.com/audio/8458269/6-16-26_Noon_Business_Lunch_AI_jobs_unpaid_internships_new_job_tips_Kevin_Warsh_Fed_policy_meeting_Iran_war_bull_market_2026-06-16-184509.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John Williams to talk about the SpaceX IPO, and a new study from Zillow that shows a record 242 US cities now have starter homes that cost $1M.
Segment 2: Verónica Herrero, City Colleges of Chicago executive vice chancellor and president of the City Colleges of Chicago Foundation, joins John Williams to talk about how City Colleges of Chicago is creating a curriculum that will help students on their career path and how they are working with community partners who will assist in the transition from student to employee.
Segment 3: Ryan Coppola, Vice President and General Manager, Bally’s, talks to John about the hiring push for Bally’s future casino site at the former Chicago Tribune Freedom Center location.
https://serve.castfire.com/audio/8451968/6-15-26_Noon_Business_Lunch_SpaceX_Zillow_starter_homes_City_Colleges_of_Chicago_Ballys_Chicago_hiring_push_2026-06-15-190008.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams about the SpaceX IPO, why people are excited about this IPO, and if you should consider buying some of SpaceX right now.
Segment 2: Carl Prouty, “The Technologist” at Abt Electronics in Glenview, tells John about some of the best gifts for Father’s Day.
https://serve.castfire.com/audio/8448675/6-12-26_Noon_Business_Lunch_SpaceX_IPO_Best_Fathers_Day_gifts_from_Abt_Electronics_2026-06-12-182915.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Emily Stewart, Senior Correspondent, Business Insider, joins John to talk about the expected rise in people calling off work so they can watch the World Cup.
Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to break down everything he learned from Apple’s WWDC and why everyone was talking about Siri AI.
Segment 3: Mike Spriggs, Head of Consumer Insights at Fiserv, joins John Williams to break down Fiserv’s May Small Business Index.
Segment 4: Bob Broskey, Executive Chef Partner for RPM Restaurants, tells John everything you should know about the 10th Annual Beefsteak event taking place this weekend!
https://serve.castfire.com/audio/8446138/6-11-26_Noon_Business_Lunch_World_Cup_sick_out_Apple_WWDC_Siri_AI_Fiserv_small_business_index_and_RPM_Beefsteak_2026-06-11-180838.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage along with Laurence J. Kotlikoff, Professor of Economics, Boston University, join John Williams to talk about Social Security insolvency now projected for 2032. Larry tells us how concerned you should be about your benefits, and what could be done to get the program back on track.
https://serve.castfire.com/audio/8443673/6-10-26_Terry_Savage_and_Larry_Kotlikoff_social_security_insolvency_by_2032_2026-06-10-180813.128.mp3More with Terry SavageSocial Security retirement fund expected to fall short sooner, in 2032Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the Bears possible move to Indiana, why he thinks the only group to handle the situation well is the state of Indiana, and how remote work is taking a toll on mental health.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how businesses and bosses benefit from using simulations and role-plays in their own manager and employee training and meetings.
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John Williams to talk about how data centers are impacting the real estate market, recent high-end home sales in the Gold Coast, a Lake Forest mansion used in ‘Ordinary People’ selling for millions off asking price, a Glencoe mansion that sold last year for $9.2 million is back with a 60% markup, and Elk Grove Village’s first new subdivision in the 21st century will sell to locals via raffle.
https://serve.castfire.com/audio/8441230/6-9-26_Noon_Business_Lunch_Bears_stadium_Remote_work_mental_health_workplace_simulations_high_end_home_sales_real_estate_2026-06-09-182430.128.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, and author of ‘The Hamrick Brief‘ on Substack, talks to John about the great jobs numbers released on Friday, the ongoing inflation concern, the likelihood that the Fed raises interest rates this year, and the date behind Mark’s Hamrick American Prosperity Index.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about where Chicago ranked in the latest startup rankings, startup Kosmos raising $5M to fix software outtages faster, and Motorola Solutions buying a drone-technology maker.
Segment 3: Dawn Melchiorre, Executive Director, Cradles to Crayons, joins John Williams to talk about the mission of Cradles to Crayons, and how they provide children in low-income situations the essential items they need to thrive.
https://serve.castfire.com/audio/8438670/6-8-26_Noon_Business_Lunch_inflation_interest_rate_hikes_startup_rankings_Cradles_to_Crayons_2026-06-08-183210.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the Bears possibly building a stadium in Indiana, his thoughts on today’s strong labor report, how the market is disjointed from the economy, the latest developments on tariffs, and what he expects from Fed policy down the road.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins John Williams to talk about some of the latest automotive news, if EV’s are doing better business as fuel prices rise, how auto sales are going generally, and to answer all of your automotive questions. Tom also talks Bears stadium.
https://serve.castfire.com/audio/8435051/6-5-26_Noon_Business_Lunch_Paul_Nolte_Bears_stadium_tariffs_labor_report_market_highs_EV_market_auto_sales_2026-06-05-192751.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Claire Theobald, Director of Operations, DineAmic Hospitality, joins John to talk about Naia, a new restaurant that just opened on the Chicago River.
Segment 2: Scott Stein, Editor at Large, CNET, joins John Williams to tell us what he expects Apple to introduce at the next WWDC developer conference.
Segment 3: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about the Dow hitting record highs again today, where the strength in the market is right now, what he thinks about the new chairman of the Federal Reserve, what he expects to happen with interest rates, if there is concern about inflation, and why he’s bullish once the war with Iran comes to and end.
https://serve.castfire.com/audio/8432635/6-4-26_Noon_Business_Lunch_Naia_restaurant_Apple_WWCD_Dow_market_high_fed_chair_warsh_inflation_war_in_Iran_2026-06-04-190835.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about a deadline for Parent PLUS loans that you need to know about, what to know about the SpaceX IPO, and to answer all of your financial questions.
https://serve.castfire.com/audio/8430043/6-3-26_Noon_Business_Lunch_Terry_Savage_Rae_Kaplan_college_loans_repayment_Parent_Plus_SpaceX_2026-06-03-185643.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about if it’s okay for parents to help teenagers find jobs, how new hires are judged by their peers, and the importance of being in the office for people with limited experience at a job.
Segment 2: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the markets continuing to hit all-time highs, why we are seeing some broadening of the market, the importance of being patient as investor, what to know about SpaceX IPO, his takeaways from the JOLTS report, and the cost of the war in Iran on American consumers.
https://serve.castfire.com/audio/8427521/6-2-26_Noon_Business_Lunch_first_impressions_jobs_remote_work_AI_market_highs_investing_SPACEX_JOLTS_report_Iran_gas_impact_2026-06-02-193921.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John Williams to talk about Anthropic filing for an IPO with the SEC, and a new study that shows nearly half (44%) of U.S. parents with adult children ages 18–35 say a child has moved back home at some point.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Illinois passing an AI safety bill that is among the strongest in the nation, and how Chicago: Blend is making the Chicago venture capital industry more diverse.
Segment 3: Jodi Zombolo, Associate Vice President, Visitor Events & Programs, Chicago Botanic Garden, tell John everything about their Shimmering Summer theme this season!
https://serve.castfire.com/audio/8423806/6-1-26_Noon_Business_Lunch_Anthropic_IPO_Boomerang_parents_Illinois_AI_Safety_Bill_Chicago_Botanic_Garden_Shimmering_Summer_2026-06-01-181706.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John to talk about the Dow hitting 51,000 today, why he’s bullish on the market right now, where investors should be putting their money, if there are any parts of the economy that has him concerned, the latest on the Trump Accounts, and what he expects from new Fed Chair Kevin Warsh.
Segment 2: Steve Bass, Executive Vice President, NAI Hiffman, talks about what their firm does and who they represent, how their business is growing, and why industrial tenants are fleeing O’Hare for the northwest suburbs.
Segment 3: Michelle Dupretti, Managing Partner, Gene & Georgetti, tells John about the legal battle they are having with the company that handles concessions at Midway Airport.
https://serve.castfire.com/audio/8420088/5-29-26_Noon_Business_Lunch_market_soaring_Dow_trump_accounts_fed_chair_industrial_leasing_Gene_Georgetti_legal_battle_2026-05-29-192428.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Jay McCracken, Executive Director, Ottawa Chamber of Commerce, tells John how a small town like Ottawa stays competitive, their many great partnerships, why their location is great for business, how tourism is an important part of the local economy, the business incubator program that will bolster downtown, and the incredible food and beverage scene in Ottawa.
https://serve.castfire.com/audio/8417709/5-28-26_Your_Hometown_Ottawa_Chamber_of_Commerce_Jay_McCracken_2026-05-28-201309.128.mp3Recent PostsYour HometownFabrik Molded Plastics is honored to be a part of McHenry.cls-3{fill:#fff;fill-rule:evenodd}Your Hometown: Plum Garden Restaurant.cls-3{fill:#fff;fill-rule:evenodd}Black Orchid Boutique and The Trend Cellar.cls-3{fill:#fff;fill-rule:evenodd}Your Hometown: Incubator on the river.cls-7{fill:#fff;fill-rule:evenodd}Your Hometown: Why McHenry is a great place for business.cls-3{fill:#fff;fill-rule:evenodd}Click for moreRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jay McCracken, Executive Director, Ottawa Chamber of Commerce, tells John how a small town like Ottawa stays competitive, their many great partnerships, how tourism is an important part of the local economy, the business incubator program that will bolster downtown, and the incredible food and beverage scene in Ottawa.
Segment 2: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, and author of ‘The Hamrick Brief‘ on Substack, gives John the broad takeaways from the release of today’s economic data. Mark breaks down the latest readings on consumer spending, inflation, jobs, and new home sales.
Segment 3: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John to talk about the large income gap between the people who are doing the majority of spending, his thoughts on new Federal Reserve Chairman Kevin Warsh and Fed independence, and the impact of data centers on their communities.
https://serve.castfire.com/audio/8417459/5-28-26_Noon_Business_Lunch_Ottawa_Your_Hometown_Economic_data_Fed_independence_Data_center_impact_2026-05-28-190259.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the market still hitting all-time highs, if she believes the bull market will continue, the essence of financial planning, and to answer all of your financial questions.
https://serve.castfire.com/audio/8413819/5-27-26_Noon_Business_Lunch_Terry_Savage_bull_market_stock_market_all_time_highs_art_of_financial_planning_2026-05-27-181619.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the importance of networking in a tight job market.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how some of the most enduring business lessons come from the simplest, catchy ideas.
Segment 3: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a Chicago startup that helps brands measure how effective their sports team sponsorships are performing raising $8M, and two quantum companies operating in Chicago each receiving $100M as part of a $2B federal funding quantum plan.
Segment 4: Jeff Benach, Principal, Lexington Homes, talks to John about the health of spring homebuying market, the lack of inventory in the Chicago area, home prices increasing, and why townhomes are a hot housing product right now.
https://serve.castfire.com/audio/8410690/5-26-26_Noon_Business_Lunch_networking_communication_catch_phrases_quantum_funding_spring_homebuying_market_2026-05-26-185330.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners gives gas price updates and analyzes how the stock market has responded to uncertainty over the Iran war.
Segment 2: Carl Prouty, ‘The Technologist,’ at Abt Electronics in Glenview talks about the best deals on grills and graduation gifts.
https://serve.castfire.com/audio/8406339/8406339_2026-05-22-184239.64kmono.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Matt Adams, principal at Deloitte Consulting specializing in retail, joins Jon Hansen to break down how AI is changing how consumers treat themselves.
Segment 2: Scott Stein, Editor at Large, CNET, joins Jon Hansen to tell us everything to know about new Google smart glasses.
Segment 3: Tim Paradis, Future of Work Correspondent, Business Insider, tells Jon about how managers are imploring their employees to embrace AI.
Segment 4: Kathy Kwak, COO of Proper Title, talks to Jon about the rise in deed theft and the red flags buyers, realtors, attorneys and property owners should watch for.
https://serve.castfire.com/audio/8403835/5-21-26_AI_splurging_Google_smart_glasses_AI_implementation_deed_theft_2026-05-21-192135.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen to talk about the markets being strong despite consumer sentiment being low, what people are missing about the K-shaped economy, why she’s worried about people that are fully exposed to the stock market, and a history lesson on what is creating economic growth right now. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/8400492/5-20-26_Noon_Business_Lunch_Terry_Savage_K_Shaped_Economy_Markets_consumer_sentiment_AI_2026-05-20-180532.128.mp3
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins Jon Hansen to talk about why AI should be part of every curriculum in high school and college.
Segment 2: Katie Simpson, Central Regional Executive for the U.S. Bank Institutional Client Group, joins Jon Hansen to talk about a recent survey of CFO’s that shows sentiment is muted short term, but CFO’s have a strong feeling about the economy long-term.
Segment 3: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins Jon Hansen to talk about a dip in the market the last couple of dates, if he thinks this will be a major pullback, the disconnect between how the consumer feels and how the economy is performing, what he expects the Fed to do with interest rates, and what he’s telling his clients right now.
https://serve.castfire.com/audio/8397068/5-19-26_Tom_Gimbel_AI_Training_US_Bank_on_CFO_sentiment_market_dip_pullback_consumer_economy_Fed_interest_rates_2026-05-19-193108.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jon Hansen, filling in for John Williams, talks about the top business stories of the day including DraftKings closing it’s retail sportsbook at Wrigley Field.
Segment 2: Ted Rossman, Bankrate.com Senior industry analyst, joins Jon to break down the Wells Fargo/NAHB Housing Market Index. Ted talks about how the report showed modest month-over-month improvement in current sales conditions, traffic of prospective buyers and sales expectations in the next six months.
Segment 3: Maria Thomas, GM Technician Excellence Manager, tells Jon about the shortages of skilled trade worker in the auto industry. Maria explains what’s behind the shortage, how people are getting trained and hired faster, what the EV market means for employment growth, and why this matters for drivers, repair wait times, and local economies.
https://serve.castfire.com/audio/8391299/5-18-26_Noon_Business_Lunch_DraftKings_Wrigley_Housing_Index_housing_market_health_skilled_trade_shortage_auto_industry_2026-05-18-194939.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins Jon Hansen to talk about the economic impact of President Trump’s visit to China, the fragile nature of the job market, if he’s concerned about the ongoing war in Iran and the possibility of stagflation, the three things he’s currently worried about in the economy, and the importance of continuing to contribute to your financial plan.
Segment 2: Morgan Lerner, Co-Founder, GoNanas, talks to Jon about creating their banana bread company and how they’ve grown over the 10 years they have been in business. Morgan tells Jon about their partnership with Target, how the company remains innovative, and their plans for future growth.
Segment 3: Sarah E. Needleman, Leadership & Workplace Correspondent at Business Insider, joins Jon to talk about the most layoff-prone job in tech right now.
https://serve.castfire.com/audio/8385419/5-15-26_Noon_Business_Lunch_Economic_impact_of_China_summit_GoNana_banana_bread_layoffs_tech_jobs_2026-05-15-183719.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Stephen Kates, CFP, Financial Analyst, Bankrate, joins Jon Hansen to talk about how persistent inflation is impacting the housing market.
Segment 2: Scott Stein, Editor at Large, CNET, joins Jon to talk about how Google is looking to shake up the laptop market with Googlebooks.
Segment 3: Michelle Reisdorf, Chicago-based hiring and consulting expert, Robert Half, joins Jon Hansen to talk about their new study on the health of small businesses in the Chicago area.
Segment 4: Christy George, President and CEO of the Illinois Economic Development Corporation, talks to Jon Hansen about Governor Pritzker and IBM announcing a major investment at the Illinois Quantum and Microelectronics Park that will bring 750 new full-time jobs in fields like AI, cybersecurity, data science and quantum computing to Chicago’s South Side. Christy tells Jon what types of jobs will be available, the commitment to hiring students from Chicago city colleges, and the importance of bringing good jobs to the community.
https://serve.castfire.com/audio/8382868/5-14-26_Noon_Business_Lunch_inflation_housing_Googlebooks_small_business_health_Illinois_Quantum_jobs_IBM_2026-05-14-192608.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about a Social Security “con job” and constant debate over when to take yours out. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/8380254/8380254_2026-05-13-214954.64kmono.mp3More with Terry SavageRecent PostsJohn WilliamsWhite Sox rain delay theatre with John’s granddaughter.cls-5{fill:#fff;fill-rule:evenodd}What do you think of the Sox Pope Hat giveaway?.cls-4{fill:#000;}John Williams Best of Speed Jokes 8-7-26.cls-7{fill:#fff;fill-rule:evenodd}WGN Radio’s Summer Playlists.cls-4{fill:#000;}Video and Photos: Chicago Ducky Derby 2026.cls-3{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John Williams to talk about positive affirmation in the workplace and how it’s not always great to surround yourself by people who only tell you what you want to hear.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about the closure of Spirit Airlines and how the spike in oil prices had an effect on Spirit going out of business.
Segment 3: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Want Harvey to help you lower your tech bills? You can email him at hmwellsradio@gmail.com or phone / text him at 312-307-1700. Harvey gives an update on how you can watch your favorite sports teams, and AT&T now offering a senior plan that was recently only available in Florida.
https://serve.castfire.com/audio/8376970/8376970_2026-05-12-201810.64kmono.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to discuss rising household debt, climbing FHA mortgage delinquencies, continued home price increases across the country, and what the latest jobs report signals about the economy.
Segment 2: Jim Dallke, Director of Communications at TechNexus Venture Collaborative, talks with John about how University of Michigan and other university endowments are cashing in on AI investments, the growing number of AI startups and tools, Uber’s $600 million acquisition of Chicago-based SpotHero, and startup InstaSwitch opening a new Chicago office.
Segment 3: Mike Spriggs, Head of Consumer Insights at Fiserv, joins the show to explain how inflation and rising gas prices are impacting Chicago consumers, why small business foot traffic is declining, and how spending habits are shifting as people adjust to higher costs.
https://serve.castfire.com/audio/8373243/8373243_2026-05-11-202043.64kmono.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about the ‘green on screen,’ why the stock market continues to break records, the better than expected job report, and what he’s telling investors about this rally.
Segment 2: Carl Prouty, “The Technologist” at Abt Electronics in Glenview, tells John about some great items they have for the mom in your life. Carl also gives John the details on Abt’s third annual Grill Fest.
https://serve.castfire.com/audio/8369594/5-8-26_Noon_Business_Lunch_market_highs_strong_jobs_report_bullish_on_investing_Abt_electronics_Mothers_Day_gifts_Grill_Fest_2026-05-08-181134.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Georgiaree Godfrey, director of public information for the Chicago Department of Aviation, tells John everything we should know about the upcoming Airport Small Business Summit + Job Fair.
Segment 2: Scott Stein, Editor at Large, CNET, joins John to talk about Google’s newest health announcements including the new Fitbit Air.
Segment 3: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John to talk about the health of the labor market and how few people are being laid off right now, the connection between working and cognitive health, and study that showed illegal immigration had no significant effect on local wages.
https://serve.castfire.com/audio/8365005/5-7-26_Aviation_Job_Fair_Google_health_announcements_Fitbit_Air_labor_market_demographics_2026-05-07-181905.128.mp3Recent PostsLisa DentPaulie Gee’s: A pizza the size of Sabrina Carpenter?.cls-7{fill:#fff;fill-rule:evenodd}Glink: Weak jobs report amid an AI-fueled economy.cls-7{fill:#fff;fill-rule:evenodd}The 12th annual Taste of Evanston food festival.cls-7{fill:#fff;fill-rule:evenodd}Beep Baseball’s 50th World Series.cls-7{fill:#fff;fill-rule:evenodd}Dr. Willie Wilson makes his case for Chicago Mayor.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the stock market being all-time highs despite signs of a fractured economy, and why she believes there are two economies right now. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/8361432/5-6-26_Noon_Business_Lunch_Terry_Savage_stock_market_highs_fractured_economy_two_economies_financial_questions_answered_2026-05-06-185832.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the importance of having a nurturing manager that is a good ‘people person,’ why new college graduates have unrealistic salary expectations, his thoughts on Zoom and Deloitte eliminating some benefits, and how AI will impact the labor market in the future.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John Williams to talk about spring homebuyers have one-third the choices they had before the pandemic, and Illinois cities fighting Governor Pritzker’s housing plan with their own proposal.
https://serve.castfire.com/audio/8359350/5-5-26_Noon_Business_Lunch_Tom_Gimbel_Deloitte_reduced_benefits_salary_expectations_Dennis_Rodkin_housing_inventory_Chicago_2026-05-05-190350.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about housing’s share of the economy dipping below 16% for the first time since 2019, new data showing the salary expectations of college graduates, and why people are talking about Indian mangos.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about IBM deepening its commitment to Chicago, West Coast tech firm Databricks expanding their Chicago office, and Chicago AI startup Loop raising $95M.
Segment 3: Dr. Chevy Humphrey, President and CEO, Griffin Museum of Science and Industry, tells John everything you should know about the new Anne Frank exhibit that just opened at the museum.
https://serve.castfire.com/audio/8356766/5-4-26_Noon_Business_Lunch_housing_GDP_salary_expectations_Indian_mangos_IBM_Databricks_MSI_Anne_Frank_exhibit_2026-05-04-191306.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the markets and economy looking right through the war drama, President Trump announcing new tariffs, what’s going on with the labor market, and what he expects from the new Fed chair.
Segment 2: Rich Gamble, Interim President & CEO of Chicago Loop Alliance, joins John to break down the numbers of Chicago Loop Alliance’s recently released quarter one 2026 State of the Loop report.
Segment 3: Ramzi Hassan, CEO, Edwards Realty, tells John about the Burr Ridge Village Center and how suburban shopping malls are evolving.
https://serve.castfire.com/audio/8353601/5-1-26_Noon_Business_Lunch_tariffs_stock_market_highs_strong_economy_Loop_activity_suburban_malls_evolving_2026-05-01-194901.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Derik Farrar, head of Everyday Banking and Borrowing at U.S. Bank, tells John about new data that shows two in three Americans say they’re currently delaying at least one major financial milestone, but still are finding ways to adapt their plans to stay focused on long-term goals. Derik explains why consumer confidence remains strong and how he’s helping customers reach their financial goals.
Segment 2: Scott Stein, Editor at Large, CNET, joins John to give us his review of two new products: Viture Beast glasses and Valve’s Steam Controller. Scott also tell John why the state of gadgets is so weird right now.
Segment 3: Sarah E. Needleman, Leadership & Workplace Correspondent at Business Insider, joins John Williams to talk about how companies are trimming even the most prized benefits.
Segment 4: Ryan Easter, Executive Manager at Bob Jass Chevrolet, joins John Williams to talk about their family-owned dealership, how business has been going in the rapid growing area, the strength of working in a small town, if it’s necessary to keep as many cars on the lot, the benefits of being in Kane County, his forecast for EV’s, and the hottest selling vehicles at the dealership right now.
https://serve.castfire.com/audio/8351081/4-30-26_Noon_Business_Lunch_US_Bank_financial_goals_survery_tech_gadget_review_trimming_PTO_and_benefits_Bob_Jass_Elburn_2026-04-30-190021.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the stock market nearing all-time highs, her thoughts on the proposed Billionaires Tax in California, how to make your retirement money last, what you should know about annuities, and how inflation is impacting your money. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/8348947/4-29-26_Terry_Savage_retirment_income_stock_market_billionaires_tax_annuities_inflation_2026-04-29-201047.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to give some great tips for new college grads who are beginning their first professional job.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about the trend of companies consolidating the top tier of their organizational charts. Philippe tells John about the risks involved in this reorganization and what companies should know to make the consolidation successful.
Segment 3: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams to talk about the stock market still hitting all-time highs, the economy looking strong overall, consumer confidence ticking higher while consumer sentiment dragging, the health of the labor market right now, how he is feeling about the Iran war and its impact on the markets and economy, and what he’s telling clients who want to get retired and stay retired.
https://serve.castfire.com/audio/8342766/4-28-26_new_job_tips_organization_restructuring_consumer_sentiment_consumer_confidence_market_all_time_highs_2026-04-28-190606.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John on the Noon Business Lunch to talk about the unpredictability of the market, how the market has rallied the past month, why the market seems impervious to turmoil, the advice he’s giving to clients right now, and why he thinks Kevin Warsh is a great pick for the next Fed Chair.
https://serve.castfire.com/audio/8338204/8338204_2026-04-27-202804.64kmono.mp3TUNE IN to WGN Radio and listen to The Alpha Wealth Hour on Sundays at 7 AM. Catch up on previous episodes on WGNRadio.com, and subscribe to it on Apple, Spotify, or wherever you get your podcasts.
Recent PostsJohn WilliamsWhite Sox rain delay theatre with John’s granddaughter.cls-5{fill:#fff;fill-rule:evenodd}What do you think of the Sox Pope Hat giveaway?.cls-4{fill:#000;}John Williams Best of Speed Jokes 8-7-26.cls-7{fill:#fff;fill-rule:evenodd}WGN Radio’s Summer Playlists.cls-4{fill:#000;}Video and Photos: Chicago Ducky Derby 2026.cls-3{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about Customers Bank signing a partnership with OpenAI, how AI is fueling fraud, America’s hidden debt crisis, and how much you can expect to pay for FIFA World Cup tickets.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Morningstar mulling a relocation to the revamped Thompson Center, Rivian beginning production of its new R2 electric vehicle, and UK startup Housr opening a Chicago location.
Segment 3: Katalin Rodriguez Ogren, nationally respected fitness and nutrition coach, owner of Pow! Gym in the West Loop, joins John to talk about they gym she’s run for 25 years in Chicago, how many people work for her at the gym, the typical programs adults are seeking, the importance of strength training as you age, and her new book, ‘Nutrition for Women Navigating Menopause: The Power of Addition: An Anti-Diet Strategy.”
https://serve.castfire.com/audio/8337673/4-27-26_Noon_Business_Lunch_Open_AI_fraud_debt_crisis_FIFA_tickets_Rivian_R2_Morningstar_Pow_Gym_in_the_West_Loop_2026-04-27-183013.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John to talk about the unpredictability of the market, how the market has rallied the past month, why the market seems impervious to turmoil, the advice he’s giving to clients right now, and why he thinks Kevin Warsh is a great pick for the next Fed Chair.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins John Williams to talk about the overall health of the EV market, the latest news on Rivian, and to answer all of your automotive questions
https://serve.castfire.com/audio/8333469/4-24-26_Tom_Fortino_market_unpredictability_Iran_war_Kevin_Warsh_Tom_Appel_automotive_questions_EV_market_health_2026-04-24-182109.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tim O’Malley, producer of The Summit, Chicago’s biggest tourism, hospitality and special events trade show, joins John Williams to tell us everything we should know about this year’s event and the health of Chicago tourism in 2026.
Segment 2: Scott Stein, Editor at Large, CNET, talks to John about the tenure of Apple CEO Tim Cook, who announced this week that he will be stepping down.
Segment 3: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins John to talk about the choppiness of the market over the last number of days, the overall health of the economy, spending not slowing down, his thoughts on economic policy and what he believes the Fed will do with rates next week, and what he’s telling clients right now.
https://serve.castfire.com/audio/8331168/4-23-26_Noon_Business_Lunch_Chicago_Summit_tourism_Apple_CEO_Tim_Cook_leaves_economic_strength_market_uncertainty_fed_policy_Iran_2026-04-23-193708.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the market being up again after President Trump announcing an extension on a ceasefire, why the market continues to zig-zag, if we are heading towards a health insurance crisis, and to answer all of your financial questions.
https://serve.castfire.com/audio/8328396/4-22-26_Noon_Business_Lunch_Terry_Savage_stock_market_Iran_war_investing_portfolio_health_insurance_crisis_2026-04-22-180336.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about why learning proper social skills can help you succeed in business. Should we be teaching these social skills in school?
Segment 2: Alex Papadopoulos, President of Egéa Wealth Management and Egéa SRI (Socially Responsible Investments), joins John Williams to talk about how their investment firm focuses on sustainability and companies that are socially responsible. Alex says there is an appetite for this type of investing and why sustainable funds can be great for your portfolio.
Segment 3: Michael Lai, co-founder and CEO, SmartCustomer, talks to John about what Smart Customer does, their mission to keep shoppers safe online, their focus on authentic consumer reviews, how AI is confusing consumers, and how to keep yourself safe from falling prey to summer travel scams.
https://serve.castfire.com/audio/8323130/4-21-26_Tom_Gimbel_finishing_school_sustainable_socially_responsible_investing_SmartCustomer_travel_scams_2026-04-21-191730.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about the government opening their tariff refund portal, the NAR’s generational trends report, the challenges for first-time homebuyers, and the latest on the war in Iran and its impact on oil prices and the stock market.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Blockchain firm Ripple opening a big new office in River North, Chicago startups raising just $385M last quarter, and a Chicago fertility care startup raising $20M.
Segment 3: Tony Kahan, owner, Tide Laundromat in Portage Park, joins John to talk about how many Tide Laundromat locations are in Chicago right now, how the opportunity to work with Tide came about, the way they separate themselves from other laundromats around town, and how business has been going since they opened their new location in Portage Park.
https://serve.castfire.com/audio/8298755/4-20-26_Noon_Business_Lunch_Tariff_refunds_oil_prices_market_optimism_Ripple_startup_Tide_Laundromat_in_Portage_Park_2026-04-20-183555.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about how the market has soared since he was last on two weeks ago, if he still sees more market upside, why he believes the Fed should cut interest rates, the lack of concern about a temporary inflation hike, his belief that oil and gas prices will come down quickly, and what he’s telling his clients right now.
Segment 2: Matt Schultz, LendingTree chief credit analyst, joins John to break down a new Lending Tree study that shows 1 in 5 U.S. businesses close within the first year.
Segment 3: Cassandra Brown, Senior Vice President, Market Manager, Bank of America Chicago, tells John how to spend your tax refund wisely.
https://serve.castfire.com/audio/8278651/4-17-26_Noon_Business_Lunch_stock_market_soaring_businesses_closing_how_to_spend_your_tax_refund_2026-04-17-184051.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jack Ablin, Founding Partner & Chief Investment Strategist, Cresset Capital, talks to John about how the market has been performing this week, his outlook for the market for the new few months, why he doesn’t see a credit crisis on the horizon, the overall health of the consumer, if he’s concerned about the federal deficit, his thoughts on a tenuous labor market, and what he would tell investors right now.
Segment 2: Emily Stewart, Senior Correspondent, Business Insider, joins John to talk about why this summer might be the ‘summer of staycations.’
Segment 3: Mike Abt, Co-President of Abt Electronics, joins John this Earth month to talk about Abt’s recycling center and green initiatives.
https://serve.castfire.com/audio/8276114/4-16-26_stock_market_credit_crisis_consumer_health_federal_deficit_labor_market_summer_of_staycations_Abt_green_initiatives_2026-04-16-190014.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about why Tax Day is her least favorite day of the year, how rising gas prices are impacting all aspects of the economy, why the stock market is still nearing all-time highs despite the war with Iran, and to answer all of your financial questions.
https://serve.castfire.com/audio/8267878/4-15-26_Noon_Business_Lunch_tax_day_rising_gas_prices_stock_market_highs_2026-04-15-181618.128.mp3More with Terry SavageChicago gas prices
| Price Trends for Chicago | |
Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steve Alexander gives John an update on today’s market movement.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John what businesses can learn from the failing U.S.-Iran ceasefire. Philippe says that cease-fire between the Trump administration and Iran offers a vivid, real-world case study in the complexities of negotiation—and the costly consequences of misalignment.
Segment 3: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John to talk about the relative number of hours worked by American labor declining, the Fed’s effort to keep inflation down near 2%, and why the Fed looks at ‘core inflation’ when setting policy.
https://serve.castfire.com/audio/8257493/4-14-26_Noon_Business_Lunch_business_negotiations_complex_American_labor_declines_fed_policy_inflation_debate_2026-04-14-183333.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about consumer sentiment being at its lowest level ever, the concern over inflation, the most lucrative mountain towns in which to own an Airbnb, and why the markets have remained mostly resilient despite the war in Iran.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about the University of Chicago getting a $50M donation to recruit AI experts, and the state of VC funding in the Midwest.
Segment 3: Kelly Clancy, Lettuce Entertain You Restaurants’ Managing Partner and Divisional Supervisor for The Oakville Grill & Cellar, 167 Events and RPM Restaurants, joins John Williams to talk about Lettuce Entertain You’s sustainability efforts.
https://serve.castfire.com/audio/8229920/4-13-26_Noon_Business_Lunch_consumer_sentiment_inflation_AI_university_of_Chicago_VC_funding_Lettuce_restaurant_sustainability_2026-04-13-190820.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams to talk about today’s hot inflation report, the three signs that the economy and markets are rebounding, the alarming rate of people taking early withdrawals from their 401k plans, why people should stay excited about the energy sector of the market, and why it could be a good time to rebalance your portfolio.
Segment 2: Mark Steber, Chief Tax Officer of Jackson Hewitt Tax Services, joins John Williams to talk about what we need to know as we approach the April 15th tax deadline.
Segment 3: Jeff Morse, Co-owner, Partners in Crime bookshop, joins John to talk about why he decided to open this bookshop, why they have a focus on the romance and mystery genres, the importance of creating a welcoming space for customers, the passion they see from Chicago book lovers, and how business has been going since they opened in February.
https://serve.castfire.com/audio/8166469/4-10-26_Noon_Business_Lunch_hot_inflation_tax_deadline_tips_Partners_in_Crime_bookshop_2026-04-10-185909.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Stephen Kates, CFP, Financial Analyst, Bankrate, joins John Williams to preview tomorrow’s release of CPI data and talk about how sticky inflation is impacting homeowners.
Segment 2: Scott Stein, Editor at Large, CNET, tells John about Artemis II astronauts using iPhones to capture stunning space images, and what we should know about Anthropic’s new AI model.
Segment 3: Aki Ito, Chief Correspondent at Business Insider, joins John Williams to talk about how many workers are taking a pay cut to stay employed.
Segment 4: Maran Nalluswami, Chief Strategy Officer, Synchrony, joins John to talk about the company’s Chicago footprint and why they were just ranked #1 on the Fortune 100 Best Companies to Work For in the U.S.
https://serve.castfire.com/audio/8133388/4-9-26_Noon_Business_Lunch_Inflation_homeownership_Artemis_II_iPhone_Anthropic_salary_cuts_Synchrony_2026-04-09-193028.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about how the ceasefire agreement between the U.S. and Iran is impacting the markets, the gamesmanship going on in the financial markets right now, and the importance of revaluating your exposure to the market. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/8087247/4-8-26_Noon_Business_Lunch_Terry_Savage_Trump_Iran_ceasefire_market_gamesmanship_2026-04-08-185247.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the positive ways that AI can be used in business, and what you can do to improve communication at work.
Segment 2: Tim Coffey, President & CEO, OMI Industries, joins John to talk about their chemical company, their consumer line called Fresh Wave, their recent feature on NBC News that spotlighted their relationship with a local charity Horizons for Youth.
Segment 3: Jessica Smart, President and CEO, Clearbrook, joins John to talk about their mission to support children and adults impacted by intellectual/developmental disabilities, the types of services they provide, how they are funded, and their annual fundraiser, and The Shining Star Ball.
https://serve.castfire.com/audio/8082245/4-7-26_Noon_Business_Lunch_AI_for_business_office_communication_OMI_Industries_Clearbrook_Shining_Star_Ball_2026-04-07-184945.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about a new survey that shows half of Americans in debt say that financial stress impacts their daily lives, how many people are turning to AI to get financial advice, and why we need more 401k access.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Chicago VC firm Corazon Capital raising $100M for its latest fund that focuses on AI for the consumer, and the founder of Grubhub being behind a roadside assistance startup that aims to take on AAA.
Segment 3: : Mike Spriggs, Head of Consumer Insights at Fiserv, joins John Williams to break down Fiserv’s March Small Business Index.
https://serve.castfire.com/audio/8079868/4-6-26_Noon_Business_Lunch_stress_debt_401k_access_consumer_AI_Grubhub_AAA_Fiserv_March_Small_Business_Index_2026-04-06-191508.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John Williams to talk about the better than expected March employment report. And what are the expectations for interest rates and Fed policy?
Segment 2: Colleen Ceh Becvar, Co-Founder, Trinity Advocacy Group, joins John Williams to talk about how they help seniors with no family to make an estate plan, financial plan or a care plan.
Segment 3: Beth Swanson, CEO, A Better Chicago, joins John to break down their 2026 State of Chicago Youth Report. Beth also talks about the launch of the ‘Every Day Counts‘ initiative to combat chronic absenteeism.
https://serve.castfire.com/audio/8076246/4-3-26_Noon_Business_Lunch_March_jobs_report_Trinity_Advocacy_group_care_for_lonely_seniors_A_Better_Chicago_absenteeism_2026-04-03-182546.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Hainlin, National Investment Strategist with U.S. Bank, joins John to talk about why the market remains volatile, the reaction of the market to President Trump’s speech last night, tax refunds helping consumers, why it’s an opportunity for investors to take advantage of the broadening market, and his overall opinion on the strength of the economy for 2026.
Segment 2: Patrick Talty, CEO, Indiana Sports Corp, talks to John about what their organization does, what it takes to bring big events to Indiana, why they believe Indianapolis is uniquely prepared to host these type of events, and what Indianapolis has planned for Illinois fans that will be coming to the city to root on their Illini basketball team.
Segment 3: Longtime Chicago radio veteran Harvey Wells, founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Harvey tells John about how streaming services are taking over sports distribution, what you need to do to watch your favorite Chicago sports teams, and Netflix announcing a rate increase. Call or text Harvey for a FREE tech check.
https://serve.castfire.com/audio/8073775/4-2-26_Noon_Business_Lunch_Trump_speech_market_volatility_war_in_Iran_Indianapolis_Final_Four_preparation_Lower_Tech_Bills_2026-04-02-183415.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about why the market is starting the month on a positive note, why she is urging investors not to panic, and the importance of planning and revising your exposure to the market. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/8071191/4-1-26_Noon_Business_Lunch_Terry_Savage_market_performance_panic_investing_revising_market_exposure_2026-04-01-183331.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the difficulty college graduates are having finding a new job.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about salary growth cooling and the clear shift in the trajectory of wage growth over the last few years.
Segment 3: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about why the market is soaring today, when he thinks the market and economy will return to a more stable environment, why this could be an opportunity for the long-term investor, the importance of being diligent in diversifying your portfolio, the market broadening out, and the likelihood the Fed will hike interest rates.
https://serve.castfire.com/audio/8068788/3-31-26_Grim_job_market_salary_growth_cooling_market_soaring_diversifying_your_portfolio_broadening_of_the_market_2026-03-31-182128.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about Cook County property taxes growing at twice the rate of inflation over the past three decades, Illinois residents paying lower than average commission rates to sell their homes, what we should know about current mortgage rates, and why the stock market continues to struggle.
Segment 2: Amanda Hoover, Senior Correspondent, Business Insider, tells John Williams about how the AI-driven rise in freelance work is creating new opportunities for women in the workforce.
Segment 3: Katie Anderson-Tedder, Co-owner, Anderson’s Candy Shop, joins John Williams to talk about all the great products they have available for Easter!
https://serve.castfire.com/audio/8066478/3-30-26_property_taxes_cook_county_mortgage_rates_AI_driven_freelance_work_Andersons_Candy_Shop_Easter_2026-03-30-195118.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams to talk about the uncertainty in the market, how he hasn’t seen any economic data that would mean a recession is looming, when he thinks we might fully recover from the war in Iran, if he thinks the Fed is making the right policy decisions, why he expects more rate cuts at the end of the year, and what he’s telling investors right now.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins John Williams to talk about rising car prices and interest rates, how much the war in Iran is impacting the auto industry, and to answer all of your automotive questions.
https://serve.castfire.com/audio/8062971/3-27-26_Noon_Business_Lunch_market_uncertainty_recession_Iran_Fed_policy_car_prices_interest_rates_rise_automobiles_2026-03-27-184511.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group and host of “The Alpha Wealth Hour” on WGN Radio, joins John Williams to talk about the market whipsaw, the fundamentals of the market still being strong, why he doesn’t see an interest rate hike coming, if there he thinks the market will bounce back once the war in Iran ends, and how much people make on social security.
Segment 2: Scott Stein, Editor at Large, CNET, tells John about the Federal Communications Commission banning all foreign-made Wi-Fi routers, saying they pose “unacceptable risks” to national security, and OpenAI discontinuing Sora.
Segment 3: Brad Feldman, Senior Managing Partner, Interra Realty, to talk about Chicago’s multifamily investment landscape, the large appetite in the city for these types of investments, the market being strong overall, Chicago having good value for renters and good opportunity for investors, why Rogers Park, Hyde Park, and Logan Square are good areas for investment, the shortage of housing in Chicago, and what the city needs to do to be more pro-business and pro-development.
Segment 4: Patrick Nerja, owner of Neighborsgrid, joins John Williams to talk about the inspiration for starting their business that specializes in authentic Chicago sports gear from the 80s and 90s, when they decided to open a brick and mortar shop, and some of the hottest selling items a the store.
https://serve.castfire.com/audio/8060606/3-26-26_Market_whipsaw_interest_rate_hike_WiFi_routers_OpenAI_Sora_Interra_Realty_Your_Hometown_Geneva_Neighborsgrid_2026-03-26-184006.128.mp3Recent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the markets being down nearly 8% for the year right now, what to do with your estate plans if you are alone, and to answer all of your financial questions.
https://serve.castfire.com/audio/8058072/3-25-26_Terry_Savage_Noon_Business_Lunch_stock_market_down_gold_estate_plans_answer_financial_questions_2026-03-25-181612.128.mp3More with Terry SavageRecent PostsNoon Business LunchJob loss, forever layoffs, The Skokie reopening.cls-7{fill:#fff;fill-rule:evenodd}Healthy market rally, health insurance cost, Kidsy.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is a correction coming to the market?.cls-7{fill:#fff;fill-rule:evenodd}Market soars, work passion, Illinois home building.cls-7{fill:#fff;fill-rule:evenodd}Condo buying, SecondWave, debt in America.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins Jon Hansen to talk about today’s market dip, President Trump threatening higher tariffs on China, the disconnect between Main Street and Wall Street, why he believes the U.S. markets will continue to grow, consumer sentiment remaining pretty strong, the health of the economy overall, and what we need to be doing with our money.
Segment 2: Lena Turek, a 24-year-old content creator and heavy equipment operator from Naperville working with Walsh Construction, joins Jon Hansen to talk about her career in the trades, when she started making TikTok videos to advocate for working in the trades, what it’s like being a woman in her field, and if she believes high schools need to do more to inform students about the opportunities available in the trades.
Segment 3: Onel Abreu, Director of Data and Impact, A Better Chicago, tells Jon Hansen the results of their 2025 Youth Survey. What were the main takeaways from the survey regarding mental health, violence, immigration, and career readiness.
https://serve.castfire.com/audio/7755766/10-10-25_China_tariffs_consumer_sentiment_economy_strength_jobs_in_the_skilled_trades_Lena_Turek_A_Better_Chicago_Youth_Survey_2025-10-10-185306.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jordan Brummett, Senior Manager, Integrated Marketing at Marquee Development, tells Jon Hansen about all the great fall events happening at Gallagher Way!
Segment 2: Jason Hiner, Editor in Chief, ZDNET, joins Jon to talk about ChatGPT having apps you can now chat with, and a Deloitte survey found that 86% of businesses use AI for one surprising task.
Segment 3: Bill Geiger, President and CEO of Geiger Wealth Management, joins Jon Hansen to talk about National Retirement Security month and the two things that are essential to setting up you retirement plan.
https://serve.castfire.com/audio/7753769/10-9-25_Noon_Business_Lunch_Gallagher_Way_fall_AI_chat_tasks_at_work_Bill_Geiger_retirement_security_2025-10-09-182509.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen, filling in for John Williams, to talk about the price of gold rising, the importance of having a diverse portfolio, why markets are also continuing to hit all-time highs, the cost of the government shutdown, and what is going on with the U.S. dollar. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/7751541/10-8-25_Noon_Business_Lunch_Terry_Savage_gold_prices_stock_market_highs_US_Dollar_financial_questions_2025-10-08-182941.128.mp3More with Terry SavageRecent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins Wendy Snyder to talk about how many jobs that AI could likely replace. Tom also tell us what the jobs report might have looked like had it been released.
Segment 2: Julianne Olivo, Director of Public Relations, Brookfield Zoo Chicago, tells Wendy everything we should know about ‘Boo at the Zoo,’ taking place all month long!
Segment 3: Carl Prouty, “The Technologist” at Abt Electronics in Glenview, talks to Wendy about all the great tech available at Abt to get you through the fall! Solo Fire Pits, Outdoor heaters, the Venta Humidifier LW25, TV’s, computers, and more!
https://serve.castfire.com/audio/7749391/10-7-25_AI_job_loss_Boo_at_the_Zoo_Brookfield_Zoo_abt_electronics_tech_for_fall_2025-10-07-183231.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins Wendy Snyder to talk about a new study that found that 1 in 5 Americans (19%) would pay at least $10,000 more for a home to avoid bad neighbors, and nearly one in five homes seeing a price reduction in September.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells Wendy about driverless car company Waymo hiring a Community and Public Affairs Specialist to work from Chicago, builders have officially broken ground on the quantum campus on the south side, and Chicago-based LanzaJet landing $13M for its sustainable aviation fuel project in the UK.
Segment 3: Steve Echard, Executive Vice President of the American College of Rheumatology, joins Wendy to talk about the ACR Convergence 2025 annual meeting taking place in Chicago! It’s not just a conference, it’s where the future of rheumatology is being made.’
https://serve.castfire.com/audio/7747179/10-6-25_Noon_Business_Lunch_home_prices_fall_Waymo_hiring_Chicago_Quantum_Shore_American_College_of_Rheumatology_Convergence_2025-10-06-201119.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jane Oates, Senior Policy Advisor and recent President at WorkingNation, joins Jon to talk about the government shutdown, the postponement of the BLS monthly report, and if the delayed report will impact any movement from the Fed on interest rates.
Segment 2: Sarah Hartwick, Senior Vice President for the Illinois Manufacturers’ Association, joins Jon Hansen to tell us everything we should know about Makers on the Move, a statewide bus tour showcasing Illinois manufacturing.
Segment 3: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins Jon Hansen to give a roundup of the latest automotive news including EV sales being strong the last quarter, Ford and GM extending the federal tax credits, and U.S. Senators launching a formal probe into Tesla’s “Full Self-Driving” software after complaints from Tesla drivers who said the software sometimes failed to detect oncoming trains at railroad crossings.
https://serve.castfire.com/audio/7743813/10-3-25_Labor_slowdown_data_delayed_Illinois_manufacturing_EV_sales_self_driving_cars_Ford_and_GM_EV_2025-10-03-183713.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Bill Geiger, President and CEO of Geiger Wealth Management, joins Jon Hansen to talk about National Retirement Security Month, the importance of creating a secure retirement plan, and the three most important jobs to do to prepare for retirement.
Segment 2: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, talks to Jon about the government shutdown delaying the monthly labor report, the disappointing private payroll data, and what it likely to happen at the next Fed meeting.
Segment 3: Jason Hiner, Editor in Chief, ZDNET, joins Jon to talk about everything you need to know about the upcoming Amazon Prime Day.
https://serve.castfire.com/audio/7741805/10-2-25_retirement_security_jobs_data_fed_decision_inflation_Amazon_Prime_Big_Deal_Days_2025-10-02-205805.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Bill Geiger, President and CEO of Geiger Wealth Management, joins Jon Hansen, filling in for John Williams, to talk about National Retirement Security Month, the importance of creating a secure retirement plan, and the three most important jobs to do to prepare for retirement.
https://serve.castfire.com/audio/7741777/10-2-25_Bill_Geiger_how_to_create_a_secure_retirement_plan_2025-10-02-202117.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Aki Ito, Chief Correspondent at Business Insider, joins Jon Hansen to talk about the new rules of workplace loyalty.
Segment 2: Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen to talk about the stock market continuing to hit all-time highs, why she still believes in the stock market despite economic turmoil, and to answer all of your financial questions.
https://serve.castfire.com/audio/7739621/10-1-25_Workplace_loyalty_Aki_Ito_Terry_Savage_stock_market_highs_gold_government_shutdown_financial_questions_answered_2025-10-01-212821.128.mp3More with Terry SavageRecent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins Jon Hansen, filling in for John Williams, to talk about why workplace values are holding up some younger workers.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins Jon to talk about new trend where companies are either holding on to seasoned CEOs in their later 60s and even 70s or opting to put much younger tech-savvy or visionary millennials in the top job. The result is leaving many Gen X wanna-be top executives in limbo.
Segment 3: Tim Stearns, owner and president of TJ Stearns Financial Planning & Benefits, joins Jon Hansen on a ‘Tuesdays with Tim’ to talk about retirement planning for Gen X. How many Americans believe they are behind on retirement savings? Tim offers suggestions on how you can build up your retirement savings and build a portfolio that will help you feel secure.
https://serve.castfire.com/audio/7737146/9-30-25_Noon_Business_Lunch_workplace_values_CEO_generation_skip_retirement_planning_for_all_TJ_Stearns_2025-09-30-204246.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about why consumers under 40 are not buying life insurance, and a new study that shows that one in six aspiring homeowners have given up in the last five years.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about an obscure biometric privacy law could negatively impact Chicago’s hopes to grow its AI momentum, and how Chicago ranks in tech talent.
Segment 3: Dr. Patricia L. Turner, Executive Director & CEO, American College of Surgeons, tells John about the annual Clinical Congress meeting at McCormick Place in Chicago this
weekend.
https://serve.castfire.com/audio/7734814/9-29-25_Noon_Business_Lunch_life_insurance_home_affordability_AI_momentum_tech_talent_American_College_of_Surgeons_2025-09-29-192614.128.mp3Recent PostsNoon Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about consumer sentiment falling, what to know about the 10-year Treasury yield, and why gold is doing so well right now. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/7731943/9-26-25_Wintrust_Business_Lunch_Terry_Savage_consumer_sentiment_10_year_treasury_yield_gold_is_hot_2025-09-26-182043.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Emily Shaw, Economic Development Coordinator, Lindenhurst, tells John about her job helping out businesses in Lindenhurst, what the business community in Lindenhurst is like, how they are a business-friendly town, how many people the village employs, why she feels that Lindenhurst can compete with bigger cities, and some of the new developments that are attracting residents.
Segment 2: Shannon Martin, Insurance Analyst, Bankrate, joins John to break down a new study that shows Americans pay $575 per month in hidden car ownership costs.
Segment 3: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins John to talk about the recent market pullback, why he’s not concerned about this temporary market breather, the market being strong overall this year, how data dependent the Fed will be this year, the start of tariff impact on the economy, seeing strength in the economy, why he’s not worried about a recession, the concern over the labor market, what lower rates might do for the housing market, and what they are telling clients right now.
https://serve.castfire.com/audio/7730234/9-25-25_Wintrust_Business_Lunch_Lindenhurst_business_cost_of_car_ownership_strong_economic_data_market_breather_Fed_decision_2025-09-25-201034.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams to talk about the surge in home sales, the anticipation of 2 more rate cuts this year, why it’s going to be a good time for investors, the expected rise in unemployment numbers, and why leaning into AI could be good for your portfolio.
Segment 2: Larry Fisher, co-founder of SoftSnow, a new AI-driven business based in Chicago, talks to John about how their consulting firm helps companies build an AI strategy to drive growth, efficiency, and competitive advantage.
Segment 3: Paula Giuliano, Randolph Street Market Sponsorship Director, tells John everything we need to know about this weekend’s market.
https://serve.castfire.com/audio/7728388/9-24-25_Wintrust_Business_Lunch_home_sales_Fed_rate_cuts_AI_strategy_Randolph_Street_Market_2025-09-24-220528.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about how participating in sports can help in the business world, and the line in the sand when it comes to sharing your opinion publicly and having consequences for those actions.
Segment 2: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about the Russell hitting a new high, Jerome Powell saying tariffs are having modest impact on the economy, how many interest rate cuts we might see this year, the likelihood we see a recession, if he believes the market is over valued, and why he sees the market broadening out.
https://serve.castfire.com/audio/7725809/9-23-25_Tom_Gimbel_social_media_job_consequences_Jerome_Powell_tariffs_interest_rate_cuts_market_overvalued_Steven_Esposito_2025-09-23-203309.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s a CEO change at Portillo’s. The company says Michael Osanloo is leaving effective immediately. Crain’s reports the change comes amid an ongoing challenge by an activist investor demanding changes at Portillo’s. Michael Miles Jr., who’s been serving as Portillo’s chairman, will take over as acting CEO. The Oak Brook-based company’s expansion has hit some speed bumps and has been slower than leadership had hoped.
Also, more job cuts are being announced at Capital One following its purchase of suburban-based Discover Financial Services. Listen for more below:
https://serve.castfire.com/audio/7725310/7725310_2025-09-23-174910.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about where mortgage interest rates are right now, the uptick in people refinancing, her thoughts on the Fed decision to cut rates, how many cuts she expects before the end of the year, the Bureau of Labor Statistics postponing the release of a key annual report central to future inflation data, and Nvidia planning to invest $100 billion in OpenAI as part of data center buildout.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about what Chicago tech scene will possibly look like in 2035, the opening of Hyde Park Labs, and a startup providing AI to warehouses.
Segment 3: Ryan Kunkel, president of Third Road Management, talks to John about The Back-to-Business Checklist. What should business leaders be prioritizing as we head towards 2026?
https://serve.castfire.com/audio/7723348/9-22-25_mortgage_rates_refinancing_Fed_decision_BLS_inflation_report_Nvidia_Tech_predictions_back_to_business_checklist_2025-09-22-182848.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
The iPhone 17 went on sale worldwide today. It’s part of a family of phones that includes the Pro, Pro Max and the iPhone air, the thinnest model ever. iPhone 17 preorders surpassed orders for the iPhone 16 inside the first minute.
Also, the first company to locate in Rivian’s new supplier park in Normal, Illinois is the manufacturer OPmobility. Listen for more below:
https://serve.castfire.com/audio/7721112/7721112_2025-09-19-205412.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John Williams to talk about the impact of student loan repayment and its impact on the economy, and what will happen now that the Fed has cut interest rates.
Segment 2: Kara Demirjian Huss, Senior Vice President at TCCI Manufacturing, and Founder and President, DCC Marketing, chats with John about what their marketing firm does, and the success of their road safety campaign, “It’s Not a Game Illinois.”
Segment 3: Eric Albert, CEO of PHI Studio, tells John about a new virtual reality venue opening up in Rosemont next week!
https://serve.castfire.com/audio/7720815/9-19-25_student_loans_interest_rates_its_not_a_game_Illinois_IDOT_EXP_Rosemont_2025-09-19-183815.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Stephen Kates, CFP, Financial Analyst, Bankrate, joins John Williams to talk about the Fed decision to cut interest rates and what that means for your money moving forward.
Segment 2: Abrar Al-Heeti, Senior Technology reporter for CNET, tells John everything we should know about the iPhone Air, and President Trump pushing back the TikTok ban.
Segment 3: Emily Stewart, Senior Correspondent, Business Insider, tells John how loyalty programs are costing you money.
Segment 4: Michael Edwards, President and CEO, Chicago Loop Alliance, talks to John about a new campaign, ‘Falling for The Loop,’ which encourages visitors to explore Chicago’s city’s iconic arts and culture scene.
https://serve.castfire.com/audio/7718502/9-18-25_Fed_interest_rate_cuts_outlook_iPhone_Air_TikTok_loyalty_programs_Falling_for_the_Loop_campaign_2025-09-18-204702.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about Medicare plans, Wall Street waiting on the Fed decision, and to answer all of your financial questions. Terry also offers her instant analysis of the Fed lowering interest rates for the first time since December.
https://serve.castfire.com/audio/7715897/9-17-25_Wintrust_Business_Lunch_Terry_Savage_Fed_rate_cuts_Medicare_plans_financial_questions_2025-09-17-215037.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the challenge of finding a job right now, the impact that AI is having on the labor market, and what he expects after the Fed cuts interest rates. Tom also shares why he believes we are in a recession.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about the rise of ‘Managerial AI’ and how companies and employees are handling this change in the workplace.
Segment 3: Lucy Baird, the sixth-generation member of Baird & Warner, joins John Williams to talk about the steps needed to make housing more affordable in the Chicago area.
Segment 4: Wicker Park resident Aleah Arundale, creator of the Facebook group, Immigrants HELPING Immigrants, joins John to talk about why she created the Facebook group, what led her to want to help asylum seekers that found themselves in Chicago, and how she has created a welcoming community by her actions.
https://serve.castfire.com/audio/7713620/9-16-25_Wintrust_Business_Lunch_labor_market_woes_Managerial_AI_housing_affordability_immigration_help_2025-09-16-204220.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about stocks being up on the expectation that the Fed will cut interest rates, and why President Trump wants companies to stop reporting earnings on a quarterly basis.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Britannica Group suing Perplexity AI over online summaries, and PsiQuantum raising $1 billion for quantum computers in Chicago and Brisbane, Australia.
Segment 3: Amy Rasmussen, Executive Director of Chicago Arts Partnerships in Education (CAPE), tells John what their non-profit organization does, how CAPE creates a culture of learning through the arts, the types of programs CAPE offers, their recent $200,000 grant from the Illinois Criminal Justice Information Authority’s violence intervention and prevention program, and how they plan to use those funds.
https://serve.castfire.com/audio/7710922/9-15-25_Fed_expectations_earnings_reports_Britannica_Group_suing_AI_Chicago_Arts_Partnerships_in_Education_CAPE_2025-09-15-180822.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the latest employment and inflation data, what the data means for Fed policy, how much the Fed will cut rates, consumer sentiment falling, and what he’s telling his clients right now.
Segment 2: Mike Spriggs, Head of Consumer Insights at Fiserv, joins John Williams to share details from August’s Fiserv Small Business Index.
Segment 3: Anthony Qaiyum, President, Merz Apothecary, joins John to talk about the family-owned business that is celebrating their 150th anniversary this year! Anthony talks about their business, how they are an atypical pharmacy, what they consider to be their strength, how many people they employee, and why they continue to be a staple in the Lincoln Square neighborhood.
https://serve.castfire.com/audio/7708311/9-12-25_Economic_data_Fed_policy_Fiserv_small_business_survey_Merz_Apothecary_celebrates_150_years_2025-09-12-181011.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about markets hitting fresh new highs after hot inflation data will likely trigger a Fed rate cut. Steven is encouraged by the broadening of the market and explains why he’s not worried about inflation or the labor market.
Segment 2: Jason Hiner, Editor in Chief, ZDNET, joins John to talk about what we need to know about Apple’s new products, and to give a workaround to help you upgrade to Windows 11 without having to get a new computer
Segment 3: Tim Paradis, Future of Work Correspondent, Business Insider, joins John to talk about why the ease of applying for jobs is making it harder for applicants to stand out.
Segment 4: Isaac Reichman, Director, Corporate Communications, Choose Chicago, joins John to talk about the launch of the “All for the Love of Chicago” social media campaign.
https://serve.castfire.com/audio/7706489/9-11-25_Market_highs_Fed_policy_inflation_labor_market_job_searching_Apple_products_Choose_Chicago_All_for_the_Love_of_Chicago_2025-09-11-201729.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about short term interest rates dropping, why it might be time to revise your budget, the recent revision of the labor report numbers, how much the Fed will cut rates later this month, and the big takeaway from today’s inflation data. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/7704328/9-10-25_Wintrust_Business_Lunch_Terry_Savage_chicken_money_budget_revision_labor_report_inflation_date_Fed_cut_rates_2025-09-10-210928.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the weak labor report, how the labor market is being impacted by uncertainty, the difficulty finding a job right now, and some tips to help you get (and keep) that elusive job.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a Winnetka estate selling for $31.25 million, homebuyers jittery about the economy walking away from their contracts, and assessments of home values in Cook County becoming more fair under Fritz Kaegi.
https://serve.castfire.com/audio/7702134/9-9-25_labor_report_job_revisions_homebuyers_jittery_Cook_County_home_assessments_2025-09-09-200634.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about mortgage rates coming down, Friday’s weak labor report, the likelihood the Fed cuts rates in September and October, the nine metro areas with housing markets worth more than $1 trillion, and a new survey shows a retirement confidence gap.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Northwestern Medicine partnering with Tempus AI, battery manufacturer Pure Lithium relocating to Chicago, and Kin raising $50 million to help homeowners adapt to increased risk of extreme weather.
Segment 3: Dave Oberg, Executive Director, Elmhurst History Museum, tells John everything you need to know about the 10th anniversary of the Elmhurst Craft Beer Fest.
https://serve.castfire.com/audio/7699568/9-8-25_stagflation_mortgage_rates_down_labor_report_Fed_Northwestern_Medicine_AI_Elmhust_Craft_Beer_Fest_2025-09-08-181208.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jane Oates, Senior Policy Advisor and recent President at WorkingNation, joins John Williams to break down the latest data on today’s ‘devastating’ labor report. Jane also explains why she still has great faith in the BLS. And do the weak labor numbers mean that the Fed will cut rates later this month.
Segment 2: : Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins John Williams to talk about his experience buying a new car with his daughter, what he learned about the shopping experience, and to offer some tips on what to look for when shopping for a new car. Tom also updates us on the EV market, the cars that people are buying right now (including Cadillac EV), and to answer all of your automotive questions.
https://serve.castfire.com/audio/7696978/9-5-25_Jane_Oates_August_jobs_report_Fed_policy_new_car_shopping_EV_market_2025-09-05-184118.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jeff Wolfthal, Program development specialist, Peggy Notebaert Nature Museum, joins John to talk about he eighth annual celebration of the beloved monarch butterflies as they begin their migration. Purchase tickets here!
Segment 2: Jason Hiner, Editor in Chief, ZDNET, joins John to talk about Apple about to announce an iPhone Air that sets the stage for a foldable iPhone next year, Anthropic becoming the leading AI partner for businesses, and what to know about Meta Ray-Ban smart glasses.
Segment 3: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins John to talk about market volatility this week, the impact of AI on the stock market, the cooling labor market, when the Fed will start cutting rates, the independence of the Fed, where he expects the Dow to be at the end of the year.
https://serve.castfire.com/audio/7695006/9-4-25_Wintrust_Business_Lunch_Peggy_Nortebaert_monarch_butterflies_Apple_foldable_Anthropic_cooling_labor_market_Fed_decision_2025-09-04-195906.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Tom Fortino, Founder and Principal, Alpha Wealth Group and host of “The Alpha Wealth Hour” on WGN Radio, joins John Williams to talk about how September is typically a weak month for stocks, the strong market performance in August, what has been holding the market up, what we can expect from this Friday’s labor report, and if he thinks the Fed will cut rates later this month.
https://serve.castfire.com/audio/7693087/7693087_2025-09-03-223227.64kmono.mp3Recent PostsJohn WilliamsIs attending a four-year university still worth it?.cls-4{fill:#000;}How AI will impact jobs and higher education.cls-7{fill:#fff;fill-rule:evenodd}What to know about Gaza ceasefire deal.cls-7{fill:#fff;fill-rule:evenodd}John Williams Best of Speed Jokes 10-10-25.cls-7{fill:#fff;fill-rule:evenodd}Do you care about the Super Bowl halftime show?.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the economic forecast for the remainder of 2025. Terry and John are joined by the always engaging Dr. Bob Froehlich, who makes his stock market (Dow) prediction for the rest of the year.
https://serve.castfire.com/audio/7692933/7692933_2025-09-03-210033.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about people discounting the value of relationships, and why authentic relationships are best built in-person rather than Zoom.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about what executives need to know about effectively responding to a critical organizational crisis.
Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth Group and host of “The Alpha Wealth Hour” on WGN Radio, joins John Williams to talk about how September is typically a weak month for stocks, the strong market performance in August, what has been holding the market up, what we can expect from this Friday’s labor report, and if he thinks the Fed will cut rates later this month.
Segment 4: Keenan Thanprathit, Marketing Manager, Mendocino Farms, joins John Williams to talk about the Chicago launch (and first Midwest location) of Mendocino Farms, a new fast-casual restaurant opening in River North. Keenan explains what’s on the menu and how they separate themselves from other fast-casual restaurants.
https://serve.castfire.com/audio/7690078/9-2-25_Wintrust_Business_Lunch_Zoom_vs_in_person_crisis_managment_market_dip_fed_decision_Mendocino_Farms_2025-09-02-202318.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Kraft Heinz is splitting into two companies a decade after they joined in a merger. One of the companies will include shelf stable meals and include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands such as Oscar Mayer, Kraft Singles and Lunchables. The names of the two companies will be released later. Kraft Heinz said in May that it was conducting a strategic review in part to help maximize the value of its brands. Separating the two areas could help generate new cash flow and enhance the top-performing products. The companies will keep headquarters in Chicago and Pittsburgh.
Also, American brands are on the outs among global consumers because of their perceptions about the country. Listen for more below:
https://serve.castfire.com/audio/7689602/7689602_2025-09-02-173402.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John Williams to talk about GDP growth, if we should be skeptical of economic data revisions, core inflation rising, if he thinks the Fed should cut rates in September, the fate of Fed governor Lisa Cook, and the importance that the Federal Reserve remains independent
Segment 2: Chip Lupo, Writer and Analyst, WalletHub, tells John the results of a new Labor Day survey.
Segment 3: Joyce Porter, Founder, Oak Park IL Film Festival, tells John everything we need to know about this year’s film festival!
https://serve.castfire.com/audio/7686577/8-29-25_Wintrust_Business_Lunch_GDP_growth_Fed_independence_WalletHub_Labor_Day_Survey_Oak_Park_Film_Festival_2025-08-29-182717.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jack Ablin, Chief Investment Officer and Founding Partner, Cresset Capital, gives John an in-depth look at the U.S. housing crisis. Jack also talks about the market still performing very well after Nvidia earnings.
Segment 2: Jason Hiner, Editor in Chief, ZDNET, joins John to talk about the latest iPhone falling behind other phones when it comes to AI features, what to know about Apple’s iPhone 17 launch event, and Oura deepening its relationship with the Department of Defense.
Segment 3: James Rodriguez, Senior Reporter, Business Insider, joins John Williams to talk about how some homebuyers who made a big bet on lower mortgage rates are now in a financial bind.
Segment 4: Stephanie Klett, President and CEO, Visit Lake Geneva, joins John Williams to talk about the beauty of Delavan Lake, the spectacular Frank Lloyd Wright homes that surround the lake, the eclectic dining scene in Delavan, the fantastic Lake Lawn Resort, and why taking a visit to the area is a perfect fall destination.
https://serve.castfire.com/audio/7684816/8-28-25_Housing_crisis_Apple_phone_and_AI_Apple_event_Oura_Stephanie_Klett_Delavan_Lake_Lawn_Resort_2025-08-28-205116.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about why she believes the Fed will likely be cutting rates in September, what would happen if the Fed does cut rates, how interest rates actually work, and the benefits and pitfalls of AI. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/7682522/8-27-25_Wintrust_Business_Lunch_Terry_Savage_all_eyes_on_Fed_interest_rates_explainer_benefits_pitfalls_of_AI_2025-08-27-214122.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago favorites, Garrett’s Popcorn and Home Run Inn are blending flavors. A new Garrett’s popcorn is mixed with Home Run Inn’s ‘Everything But the Pizza seasoning’. They’re calling it Garrett’s Chicago Pizza Popcorn. The new flavor is available at several grocery stores and some retailers, but not at Garrett’s shops.
They previously teamed up for a similar Wrigley Field exclusive treat in 2024.
Also, Chicago home prices rose 6.1% year-over-year, according to the latest S&P Case Shiller Home Price Index. Listen for more below:
https://serve.castfire.com/audio/7680099/7680099_2025-08-26-204139.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the market not having much of a reaction to President Trump trying to fire Federal Reserve Board member Lisa Cook, the overall health of the economy, the impact of tariffs still being relatively unknown, consumer confidence coming in stronger than expected, and the likelihood the Fed cuts interest rates in September.
https://serve.castfire.com/audio/7679974/8-26-25_Faron_Daugs_Fed_board_Lisa_Cook_consumer_confidence_Fed_policy_tariff_impact_unknown_economic_health_2025-08-26-200114.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A public-private initiative to attract businesses to Illinois has been renamed but its mission will remain the same. Intersect Illinois will now be called the Illinois Economic Development Corp. The initiative was launched 10 years ago as a way to partially privatize the state’s economic development activities. Its leaders say the rebranding is meant to make the organization’s identity simpler and to help it stand out. Its chairman says Illinois EDC’s mission remains the same, to make the state a premier destination for business and innovation.
Also, North Chicago-based AbbVie is buying a psychedelic drug from Gilgamesh Pharmaceuticals for $1.2 billion. Listen for more below:
https://serve.castfire.com/audio/7677831/7677831_2025-08-25-215831.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about if August is a good time to put a house on the market, current mortgage rates, why the government took a 10% stake in Intel, when the Fed is likely to cut interest rates, and how the market typically performs after the Fed cuts interest rates.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about how Chicago business schools launching AI courses, Tempus buying AI pathology company Paige, and United Airlines investing in supersonic firm Astro Mechanica.
Segment 3: Nick Papanicholas Jr., head of Nicholas & Associates, joins John to talk about their business, and how a hockey boom in the suburbs led the company to build large, indoor ice skating complexes throughout the Chicago area.
https://serve.castfire.com/audio/7675687/8-25-25_Intel_interest_rates_Fed_policy_AI_college_courses_hockey_boom_in_the_suburbs_2025-08-25-180727.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins John to talk about today’s big market rally after Fed Chairman Jerome Powell suggested interest rate cuts would be coming soon, how many rate cuts he expects to see for the rest of 2025, and when we we’ll see the full impact of tariffs. Craig also explains why he’s bullish on the Bears this year!
Segment 2: Michael D’Hulst, CEO and Co-Founder of Supertri, tells John everything we need to know about this weekend’s 2025 Chicago Triathlon.
Segment 3: Vic Bianes, President of the American Public Works Association, give John a recap of the American Public Works Association’s Public Works Expo that came to McCormick Place earlier this week!
https://serve.castfire.com/audio/7661691/8-22-25_Wintrust_Business_Lunch_market_rally_Fed_decision_tariff_impact_Chicago_Triathlon_American_Public_Works_Association_2025-08-22-185031.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s Navy Pier has issued requests for concepts as it prepares to redevelop its east end. That portion of Navy Pier includes the Festival Hall meeting space, Lakeview Terrace with beer gardens and a grand ballroom. Those areas would be redeveloped and the request for concepts wants vibrant, impactful and welcoming ideas. The request for concepts is the first step before a formal request for proposals is made that’ll include specific bids.
Also, United Airlines is investing in a San Francisco startup that’s developing electrification technology for aircraft engines that could be used for supersonic travel. Listen for more below:
https://serve.castfire.com/audio/7661815/7661815_2025-08-22-182715.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about why the markets have been down recently, the odds of a Fed interest rate cut, how many rate cuts he can expect this year, and why this may be a good buying opportunity.
Segment 2: Jason Hiner, Editor in Chief, ZDNET, joins John to talk about Google announcing its new phones, earbuds, and watches, and how scammers are using Google AI Overviews and ChatGPT to steal people’s credit card numbers.
Segment 3: Tim Paradis, Future of Work Correspondent, Business Insider, joins John to talk about how extroverts may thrive in an AI driven world.
Segment 4: Trevor Wagener, Chief Economist at the Computer & Communications Industry Association, tells John how new report from CCIA shows that American workers, investors, and taxpayers are footing a nearly $100 billion bill thanks to European Union digital rules that unfairly target U.S. tech companies.
https://serve.castfire.com/audio/7659654/8-21-25_Wintrust_Business_Lunch_market_pullback_Fed_waiting_AI_scams_Google_products_extroverts_CCIA_2025-08-21-191154.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to answer all of your financial questions.
https://serve.castfire.com/audio/7657742/8-20-25_Wintrust_Business_Lunch_Terry_Savage_answers_your_financial_questions_2025-08-20-211642.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about a recent Wall Street Journal article that breaks down why America’s mobility is stalling.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about the surge in mergers and acquisitions activity and what companies and employees should be aware of when going through the M&A process.
Segment 3: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Want Harvey to help you lower your tech bills? You can email him at hmwellsradio@gmail.com or phone / text him at 312-307-1700. Harvey gives an update on how you can watch your favorite sports teams, and AT&T now offering a senior plan that was recently only available in Florida.
https://serve.castfire.com/audio/7655560/8-19-25_Wintrust_Business_Lunch_job_mobility_stalling_merger_risk_Lower_Tech_Bills_sports_ATT_2025-08-19-201800.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about the trend of ‘job hugging’ and how workers are clinging to their jobs, where home values are rising and falling.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a Chicago startup that helps social service agencies book hotels for people in need being named one of the fastest growing companies on the INC 5000 list, and the CEO of Uber Freight leaving to join Waabi.
Segment 3: Madeline Moeke, Chief Operating Officer for the Chicago Slice, tells John everything you need to know about a star-studded pickleball event taking place this week at Gallagher Way right outside Wrigley Field!
https://serve.castfire.com/audio/7653203/8-18-25_Job_hugging_home_values_Uber_Freight_ReloShare_Chicago_Slice_Paddle_in_the_Park_2025-08-18-181803.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John Williams to talk about how tariffs will impact general prices, why markets are still hitting all-time highs, when the Fed might cut interest rates, and to explain why initial labor report numbers are typically not reliable.
Segment 2: Mike Spriggs, Head of Consumer Insights at Fiserv, joins John Williams to share details from July’s Fiserv Small Business Index.
Segment 3: Ryan Gruenenfelder, Senior Advocacy Manager for AARP Illinois, tells John about the 90th anniversary of Social Security, the amount of Illinois residents that rely on Social Security benefits, and the importance of protecting the program.
https://serve.castfire.com/audio/7650762/8-15-25_Wintrust_Business_Lunch_tariffs_prices_stock_market_highs_fed_small_business_survey_AARP_social_security_2025-08-15-182102.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about why the stock market continues to rise despite economic uncertainty, his thoughts on today’s hot inflation report, and if he thinks the Fed might cut rates in September.
Segment 2: Jason Hiner, Editor in Chief, ZDNET, joins John to talk about a new version of ChatGPT, his thoughts on the best AI chatbots out there, the US licensing Nvidia to export chips to China,
Segment 3: Dominick Reuter, Senior Reporter, Business Insider, joins John Williams to talk about AT&T CEO John Stankey’s response to an employee survey about remote work.
Segment 4: Wealth advisor Zac Larson, Founder, Solstice Century, joins John Williams once again to recap the 2nd annual Solstice Century Bike Ride and Fundraiser.
https://serve.castfire.com/audio/7648743/8-14-25_Wintrust_Business_Lunch_inflation_market_Fed_ChatGPT_AI_chatbot_ATT_RTO_Solstice_Century_2025-08-14-192343.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the market hitting all-time highs and what to know if you are planning for retirement. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/7646644/8-13-25_Wintrust_Business_Lunch_Terry_Savage_stock_market_all_time_highs_retirement_planning_financial_questions_2025-08-13-210744.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Abbott Laboratories spinoff AbbVie will spend nearly $200 million to expand its manufacturing plant in North Chicago. The plan is to expand domestic drug production and this project is part of the company’s previously announced $10 billion U.S. Capital plan. AbbVie is hoping to lessen the impact of tariffs on pharmaceuticals. The North Chicago expansion will allow AbbVie to increase chemical synthesis capabilities for pharmaceutical ingredient manufacturing. Construction is set to begin this fall and the expansion should be fully operational in 2027. AbbVie employs more than 11,000 people across Illinois.
Also, Chicago’s ReloShare has been named one of the fastest-growing startups in the U.S. Listen for more below:
https://serve.castfire.com/audio/7646294/7646294_2025-08-13-185134.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the job market tightening and the sacrifices that might need to be made to land a job. Tom also talks about the importance of making friends at work.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about new home sales in the Chicago area, the health of the condo market, why the downtown condo market is struggling, and the Frank Lloyd Wright Hills-DeCaro House in Oak Park going up for sale for the first time since 2001.
https://serve.castfire.com/audio/7644357/8-12-25_Wintrust_Business_Lunch_job_relocation_work_friends_new_home_sales_new_condo_sales_2025-08-12-200857.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins John Williams to talk about how many people are using ‘Buy Now, Pay Later’ services, Nvidia and AMD agreeing to pay 15% of revenues from chip sales to China to the U.S. government, and how AI is creating billionaires.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a Chicago life science startup whose funding increased almost 90% year over year, and Illinois putting forth some AI regulations that keep artificial intelligence from acting as your therapist.
Segment 3: Billy Marino, CEO, Leona’s, tells John how the iconic Chicago area pizza company will be celebrating its 75th anniversary with a special one-day event on Thursday, Aug. 14!
https://serve.castfire.com/audio/7642188/8-11-25_Buy_Now_Pay_Later_Nvidia_AI_billionaires_AI_regulation_in_Illinois_Leona_s_75th_anniversary_2025-08-11-205328.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins Jon Hansen, filling in for John Williams, to talk about the overall health of the markets and the economy, how market volatility has almost collapsed, why it’s a good time to rebalance your portfolio, Trump nominating CEA chair Stephen Miran to the Federal Reserve board, what’s likely to happen with rates when the Fed meets again, and the latest on President Trump’s trade deals.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins Jon Hansen to talk about LED headlights, how tariffs are impacting the auto industry, when you will see auto prices start to rise, GM and Hyundai developing vehicles together, and if there are on bright spots for Tesla right now.
https://serve.castfire.com/audio/7638480/8-8-25_Wintrust_Business_Lunch_market_and_economic_health_auto_tariffs_trade_deals_rising_car_prices_2025-08-08-182920.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based McDonald’s is debuting a retro adult Happy Meal next week. It comes with either a Quarter Pounder with cheese or 10-piece Chicken McNuggets, fries, and a collectible souvenir featuring nostalgic characters. Ronald McDonald, Hamburglar, Mayor McCheese, and Grimace, will be included in the McDonaldland Meal. There’s also a new, limited-edition McDonaldland Shake. The retro Happy Meal will be available next Tuesday, August 12.
Also, Portillo’s expansion plans have hit a bit of a snag in Texas. Listen for more below:
https://serve.castfire.com/audio/7638216/7638216_2025-08-08-162516.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Elmwood Park Village President Angelo “Skip” Saviano tells John everything you need to know about the 2025 Taste of Elmwood Park!
Segment 2: Business Journalist Mallika Mitra joins Jon Hansen to share the story behind her article, “The Case for Taking Mini-Retirements Along the Way in Your Career.” Mitra explains why more professionals, especially millennials and Gen Z, are stepping away from work temporarily to recharge, explore, or reassess their goals.
Segment 3: Carl Prouty, “The Technologist” at Abt Electronics in Glenview, talks to Jon Hansen about this year’s trends and popular items for back-to-school.
https://serve.castfire.com/audio/7620116/8-7-25_Wintrust_Business_Lunch_Taste_of_Elmwood_Park_mini_retirement_back_to_school_tech_with_Abt_2025-08-07-192516.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s Adler Planetarium has a new CEO. Elizabeth Babcock will replace Michelle Larson who had the job for more than a decade. Babcock was most recently director of the Smithsonian American Women’s History Museum in Washington. She’s a former vice president at Chicago’s Field Museum and earned her bachelor’s degree from Northwestern University. Her first day is October 6. The chair of the Adler board calls Babcock a nonprofit leader of national distinction, an accomplished fundraiser and a dedicated scientific educator.
Also, Rivian Automotive says it had a second-quarter net loss of $1.1 billion. Listen for more below.
https://serve.castfire.com/audio/7619576/7619576_2025-08-07-190316.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
McDonald’s reported positive sales growth in the second quarter as it expanded its menu in an effort to bring back customers who are concerned about rising prices. Global sales are up 3.8% year-over-year as of June, well above market expectations. McDonald’s did see some weakness in the latest earnings report, with its breakfast sales. The number of lower-income consumers dropped by double digits. The company’s shares have been higher in trading so far today.
Also, Claire’s has filed for bankruptcy. Listen for more below:
https://serve.castfire.com/audio/7569850/7569850_2025-08-06-191850.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen to talk about the vibe shift happening surrounding the strength of the economy, the uncertainty over tariffs and how they will impact consumers, the softening of the job market, the latest on student loans, and what to know about interest rates and T Bills. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/7568958/8-6-25_Wintrust_Business_Lunch_Terry_Savage_economic_strength_tariff_consumer_job_market_student_loans_2025-08-06-193158.128.mp3More with Terry SavageRecent PostsJohn WilliamsIs attending a four-year university still worth it?.cls-4{fill:#000;}How AI will impact jobs and higher education.cls-7{fill:#fff;fill-rule:evenodd}What to know about Gaza ceasefire deal.cls-7{fill:#fff;fill-rule:evenodd}John Williams Best of Speed Jokes 10-10-25.cls-7{fill:#fff;fill-rule:evenodd}Do you care about the Super Bowl halftime show?.cls-4{fill:#000;}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins Jon Hansen, filling in for John Williams, to talk about how some workers today are more concerned about individual wants rather than what is necessary to achieve. Tom says sometimes you just need to put your head down and work and success will come.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins Jon to talk about the trend of CEOs and company presidents becoming increasingly vocal when announcing layoffs and headcount reductions.
Segment 3: Tim Stearns, owner and president of TJ Stearns Financial Planning & Benefits, joins Jon Hansen to talk about the help they offer their clients, what they do at their office that might differ from other financial planners, their ‘protect and grow’ blueprint, the importance of diversification, what to know about annuities, and how they help people understand taxes and what it means for their retirement portfolio.
https://serve.castfire.com/audio/7561205/8-5-25_Wintrust_Business_Lunch_work_ethic_balance_CEO_announce_layoffs_TJ_Stearns_financial_planning_2025-08-05-200305.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Hoffman Estates-based Claire’s is closer to filing for bankruptcy. Bloomberg says the teen accessory chain missed June and July rent payments on some stores. The bankruptcy filing may come as soon as this week. Claire’s has also been exploring restructuring options including a possible sale. The company has not responded to requests for comment. Claire’s also has a $500 million loan due in December of 2026.
Also, a new report says the number of newly built homes sold in the Chicago area was flat in the first half of 2025. Listen for more below:
https://serve.castfire.com/audio/7560767/7560767_2025-08-05-170607.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s some improvement to report in the retail vacancy rate on Chicago’s Magnificent Mile. Crain’s reports the rate dropped to 29.3% in July. That’s down from 34% in 2023. The report says it’s the first year-over-year drop in a decade. New tenants include Mango and retailer Uniqlo, and one broker says there’s been more activity in the last two years than the previous five or six. Foot traffic is also up, recovering to 91% of 2019 levels. Much of the activity has been moving south toward the Chicago River, with the northern most part of the Mag Mile seeing the highest vacancy rate.
Also, new data today shows 87% of U.S. households visited McDonald’s in the past year with an average of 53 visits. Listen for more below:
https://serve.castfire.com/audio/7558194/7558194_2025-08-04-210734.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media, joins Jon Hansen to talk about Fridays job report, revisions, the importance of getting real data, President Trump firing Bureau of Labor Statistics Commissioner Erika McEntarfer, if she believes prices are going to rise, and what you should know about the recently passed “trigger leads” law.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells Jon about Jellyvision’s return to office strategy.
Segment 3: Landis Beverly, General Manager, Canal Street Eatery, talks to Jon about how business has been going, how the restaurant expanded from catering to a weekday lunch crowd to packing the place on the weekends, how social media has helped their growth, the $20 Italiano Weekends, and if tariffs have impacted the business.
https://serve.castfire.com/audio/7557913/8-4-25_Wintrust_Business_Lunch_job_report_revisions_rising_prices_Jellyvision_RTO_Canal_Street_Eatery_2025-08-04-191013.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jane Oates, Senior Policy Advisor and recent President at WorkingNation, joins John Williams to breakdown the July labor report, why the monthly revisions were so concerning, and if the numbers will put more pressure on the Fed to cut rates.
Segment 2: Matt Adams, principal at Deloitte Consulting specializing in retail, gives John all the details on Deloitte’s 2025 Back-to-School survey.
https://serve.castfire.com/audio/7554785/8-1-25_Wintrust_Business_Lunch_July_labor_report_monthly_revisions_Fed_policy_rates_Deloitte_back_to_school_survey_2025-08-01-181225.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Lollapalooza is back in Chicago and its economic impact is expected to be nearly a half billion dollars. Festival organizers say that figure was $440 million in 2024, including a $10 million rent payment to the city. Lollapalooza also generated about $7 million in amusement tax revenue. Going back to 2010, Lollapalooza has generated more than $3.2 billion for the Chicago economy. That includes spending by attendees, job creation and fees paid to the city.
Also, Chicago-based Archway Pet Food, which develops climate-smart dog treats, is buying Bright Planet Pet. Listen for more below:
https://serve.castfire.com/audio/7553185/7553185_2025-07-31-221425.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about Mayor Johnson’s efforts to tax the ultra-rich, the economic data released today including a strong GDP report, why the housing market is a cause for concern, the dilemma the Fed is facing about cutting rates, and what she expects from Friday’s labor report. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/7550988/7-30-25_Terry_Savage_Mayor_Johnson_tax_the_rich_GDP_strong_housing_market_Fed_dilemma_2025-07-30-210028.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the death of Cubs Hall of Famer Ryne Sandberg, how great chemistry is key to building a good team, the value of an internship and getting your foot in the door, and the importance of building bonds with your co-workers.
Segment 2: Tom Fortino, Founder and Principal, Alpha Wealth Group and host of “The Alpha Wealth Hour” on WGN Radio, joins John Williams to talk about markets retreating today, if we are dodging the tariff bullet, what he expects from all the economic data being released this week, why you should always have some growth in your portfolio, his thoughts on Fed policy and how many rate cuts we will see this year, and if he’s positive on the market the rest of the year.
https://serve.castfire.com/audio/7548735/7-29-25_Ryne_Sandberg_team_building_intern_worth_market_retreat_economic_data_fed_policy_decision_2025-07-29-205035.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins John to talk about the markets being impervious to economic uncertainty, if it’s too early to assess the impact of tariffs, where he’s telling clients to park their money, what he expects from the Fed meeting this week, when the Fed should start cutting interest rates, and why the Fed has been hesitant to cut rates.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about IBM giving more support to Chicago’s quantum startups, Psi Quantum, a startup building a quantum computer in Chicago, saying its quantum computer expects to be online by 2028, and healthy vending machine startup Farmers Fridge growing fast.
Segment 3: Dawn Melchiorre, Executive Director, Cradles to Crayons, tells John what Cradles to Crayons does, their ‘Ready for Learning’ initiative, their goal to provide 100,000 backpacks filled with school supplies to underserved students across the Chicago area.
https://serve.castfire.com/audio/7546564/7-28-25_impervious_market_trade_deal_tariff_fed_policy_quantum_computing_cradles_to_crayons_2025-07-28-194404.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about today’s market rally, the Trump v. Jerome Powell feud, why he thinks interest rates should be lower, why Powell might be hesitant to lower rates, his thoughts on the trade deals and what that could mean for the market, the rotation into the Russell 2,000, the yield curve being inverted for the longest period in over 47 years, and what he’s telling investors right now.
Segment 2: Greg Evans, President, South Chicago Packing, talks to John about their 5th-generation family owned business, the products they provide, how the company has evolved over the years, where you can find their products, the benefits of using animal fats for meal prep, how you would use the ingredients they make, how many people they employ in Chicago, and how business has been going this year.
Segment 3: Michael Edwards, President and CEO, Chicago Loop Alliance, talks to John about Chicago Loop Alliance’s State of the Loop quarterly report details for the 2nd quarter of 2025. Michael also shares his thoughts on the future of NASCAR in Chicago and if we will eventually see it come back to the city.
https://serve.castfire.com/audio/7543691/7-25-25_Wintrust_Business_Lunch_market_rally_trade_deal_fed_policy_south_chicago_packing_Loop_Alliance_loop_activity_report_2025-07-25-181031.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
A governmental agency, one year older than the country, turns 250 tomorrow. The Postal Service was formed July 26, 1775 with Benjamin Franklin as postmaster general. Nearly every American gets some sort of mail daily, despite the service’s financial problems. The Postal Service employs over 635,000 people.
Also, Bally’s Chicago is looking to close its Initial Public Offering very soon. Listen for more below:
https://serve.castfire.com/audio/7543330/7543330_2025-07-25-151230.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
The destruction of the old Sears headquarters in Hoffman Estates was completed this week. It took just under a year to demolish the nearly 2.5 million square-foot former home of the retail giant. That 273-acre site will soon become the home to five data centers, at just over a million square feet combined.
Also, analytics service Construction Coverage reports last year the Chicago area built less than five new homes for every one thousand existing units. Listen for more below.
https://serve.castfire.com/audio/7541129/7541129_2025-07-24-200429.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, talks to John about a new Bankrate survey that shows nearly 1 in 2 workers plan to search for a new job in the coming year.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about President Donald Trump unveiling a new plan for America’s “global dominance” in artificial intelligence, and Instagram introducing new safety features aimed at protecting teens who use its platforms.
Segment 3: Dakin Campbell, Senior Correspondent, Business Insider, tells John how data centers are deepening the water crisis in the U.S.
Segment 4: Fabiola Sierra, Partnership Marketing Manager for Choose Chicago, joins John to talk about the launch of the Chicago Pizza Pass!
https://serve.castfire.com/audio/7541120/7-24-25_Wintrust_Business_Lunch_Bankrate_job_survey_Trump_AI_data_centers_water_crisis_Chicago_Pizza_Pass_2025-07-24-202120.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about how how the market has performed since President Trump’s tariff announcement, what that market swing means for your 401(k), why it’s a good time to revisit your asset allocation, and what it means that 401(k) plans have caught the eye of Wall Street insiders. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/7537793/7-23-25_Wintrust_Business_Lunch_Terry_Savage_401K_Private_Equity_Market_swing_asset_allocation_2025-07-23-211133.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about the Coldplay ‘Kiss Cam’ couple and how to handle these situations when they show up in the workplace.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about the peril that often comes with more power. In a quest for companies to become more efficient, many managers in many small and mid-sized firms now supervise up to twice as many workers as they did just a few years ago.
Segment 3: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the earnings released this week exceeding expectations, the market reaching all-time highs, if he thinks the market is primed for a pullback, the latest on Trump’s trade deals, what he expects the Fed to do with interest rates for the rest of the year.
https://serve.castfire.com/audio/7535457/7-22-25_Wintrust_Business_Lunch_Coldplay_kiss_cam_workplace_romance_power_and_peril_stock_market_high_earnings_report_Fed_policy_2025-07-22-190357.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s Lincoln Park Zoo just held its 48th annual Zoo Ball and the event was the highest-grossing ball in the zoo’s history. Crain’s reports the ball raised $1.8 million. The event helps fund animal care, conservation and education programs. The money is also used to maintain the zoo, arboretum and botanic garden. 600 people attended this year’s ball. A silent auction included a snake shaped diamond ring and a private climb up Mount Kilimanjaro.
Also, The automotive seating maker Adient will invest $8 million to create a supply facility near the Rivian plant in downstate Normal. Listen for more below:
https://serve.castfire.com/audio/7533606/7533606_2025-07-21-231306.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about home inventory hitting a 5-year high, and the latest ping pong game of ‘he said-he said’ between President Trump and Treasury Secretary Scott Bessent.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about the big events happening for TechChicago Week, and a new report from Brookings saying Chicago is poised to be a “star hub” for AI technologies.
Segment 3: Lou Rago, President of the Italian American Human Relations Foundation, tells John Williams everything you need to know about this weekend’s Venetian Night. You don’t need a boat to participate!
https://serve.castfire.com/audio/7533036/7-21-25_Wintrust_Business_Lunch_Home_inventory_highs_AI_star_hub_TechWeek_Chicago_Venetian_Night_2025-07-21-191136.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to ‘color in’ the details surrounding what the markets have done this past week.
Segment 2: Dave Charest, Director of Small Business Success for Constant Contact joins John Williams to talk about how small businesses stay on top during summer, the slow season. Dave also shares why it’s important to him to help small business owners make sense of marketing.
Segment 3: Mike Spriggs, Head of Consumer Insights at Fiserv, joins John Williams to share details from June’s Fiserv Small Business Index. Some details include consumers pulling back spending at small businesses for the third straight month, national sales grew and more.
Segment 4: Tim Plamondon, Director of Sales and Marketing for The LaSalle Chicago Hotel joins John Williams to discuss their monthly transformative and immersive Sound Bath experiences led by certified sound healers. Tim also talks about how the property hosts weekly live entertainment as well as tasting events that are open to the public to come out and give them a try, as well as Weekday Timeless Pours, which includes a curated pour from their cellar with each sip a moment worth pausing for.
https://serve.castfire.com/audio/7529549/7529549_2025-07-18-184149.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
SC Johnson is moving 170 Chicago-based employees to Wisconsin. The company says the move will foster strong collaboration. The Chicago workers are being moved to the consumer goods company’s Racine-area facilities and the moves are expected to happen before the end of 2026. SC Johnson operates a 50,000-square-foot facility in Mount Pleasant. That facility is near two others owned by the company. 100 employees will remain in the Chicago office. Some of them will also work at a manufacturing center on the city’s south side.
Also, Rivian has selected Atlanta for its new East Coast headquarters. Listen for more below:
https://serve.castfire.com/audio/7529236/7529236_2025-07-18-165836.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ted Rossman, Senior Industry Analyst at Bankrate, joins John to share tips on how to pay off credit card debt.
Segment 2:Bree Fowler, Senior Writer, CNET, cnet.com, joins John to talk about the class action $8 billion investors’ lawsuit against Meta CEO Mark Zuckerberg and the company leaders, and other business news.
Segment 3: Emily Stewart, Senior Correspondent, Business Insider, businessinsider.com, joins John to talk about the cut clothing sizing options due to more people using weight loss drugs, and expensive concert tickets becoming the norm.
Segment 4: Christiana Trapani, Owner, Door County Candle Company, doorcountycandle.com, joins John to talk about the candles to are selling to help with the Texas Flood Relief.
https://serve.castfire.com/audio/7527584/7527584_2025-07-17-194324.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Portillo’s and Lou Malnati’s are collaborating on Chicago Dog Deep Dish Pizza. It’s a pizza with all seven ingredients that you’d find on a classic Chicago style dog, including mustard, relish, onions, tomato, pickle, sport peppers and celery salt. There’s a sliced-up hot dog on the pizza and a poppyseed crust like a hot dog bun. There’s mustard drizzled on top. The limited time pizza is available now at Lou Malnati’s.
Also, Chicago-based United Airlines has changed its profit outlook for the rest of this year, thanks to rebounding travel. Listen for more below:
https://serve.castfire.com/audio/7527744/7527744_2025-07-17-210044.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Jack in the Box has made good on its promise to return to the Chicago area. Last year, the west coast eatery announced 12 new locations in the Chicago area and made good on the promise earlier this week. The first of those locations opened Monday in southwest suburban Plainfield. Other locations opening soon include Chicago, Carol Stream, Naperville, New Lenox, and Tinley Park. Jack in the Box first opened in the Chicago area in the 1960s and then closed Midwest locations to focus on the southwest U.S. in the 1980’s.
Also, Delta Air Lines is adding nonstop flights from O’Hare Airport to Los Angeles. Listen for more below:
https://serve.castfire.com/audio/7525499/7525499_2025-07-16-202239.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Craig Bolanos, Co-founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams on The Wintrust Business Lunch to talk about President Trump’s reversal on a ban of selling H20 A.I. chips to China. Craig also discusses the rise in consumer prices last month as well as how the Federal Reserve will likely hold off on an interest rate cut this month.
https://serve.castfire.com/audio/7523095/7523095_2025-07-15-194435.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about CPS layoffs and what types of jobs those people try and get post-layoffs. Tom then pivots and discusses the importance of the CTA as well as the problems with it and how those aspects impact Chicago businesses and commuters.
Segment 2: Craig Bolanos, Co-founder and Wealth Advisor at VestGen Wealth Partners, joins John Williams to talk about President Trump’s reversal on a ban of selling H20 A.I. chips to China. Craig also discusses the rise in consumer prices last month as well as how the Federal Reserve will likely hold off on an interest rate cut this month.
https://serve.castfire.com/audio/7523024/7523024_2025-07-15-193124.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the ongoing news surrounding tariffs. Then, Paul breaks down bank earnings and inflation data.
Segment 2: Brad Folkens, Co-founder, iAsk.ai joins John to talk about what makes this software so useful for all A.I. curious users.
Segment 3: Erin McDannald, CEO of Lighting Environments, joins John to talk about the importance of illuminating spaces with both artistry and purpose and how they’ve been doing so for over 50 years.
https://serve.castfire.com/audio/7522877/7522877_2025-07-15-194917.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s been no comment from Chicago-based Kraft Heinz about a report that it’s planning to break up its business. The Wall Street Journal first reported last week about a plan to spin off a large portion of the Kraft Heinz grocery business. The new entity would be valued at $20 billion. The split could be announced in weeks. It’s not clear how many of the company’s brands would be part of the new company or where it’d be based. Kraft Heinz sales have been down, and earlier this year the company said it was looking at strategic transactions to boost its stock price. Kraft Heinz owns the Kraft, Heinz and Oscar Mayer brands.
Also, a Chicago developer has a contract to buy Ford City Mall on the southwest side with plans to demolish the shopping center and build a warehouse complex. Listen for more below:
https://serve.castfire.com/audio/7520363/7520363_2025-07-14-164103.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Pure Lithium is moving to Chicago. The next-generation battery technology company will relocate its entire operation from Boston to Fulton Market. Its $46 million investment will enable the company to manufacture the first commercially viable lithium metal battery here in Illinois. With that product, the Pure Lithium plans to target the drone and defense, consumer electronics, grid-scale energy storage systems and electric vehicle markets. The company says it’ll hire up to 50 new employees over the next four years. Illinois is providing $4.4 million in payroll tax credits through the Reimagining Energy & Vehicles program.
Also, Hanig’s Footwear is leaving the Magnificent Mile. Listen for more below:
https://serve.castfire.com/audio/7517438/7517438_2025-07-11-190438.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John Williams to talk explain how one person has so much power over tariffs and the economy, the role immigrants play in our economy, why fertility is falling across the world, and how much weather forecasters can impact the economy.
Segment 2: Elliot Richardson, Co-founder and President, Small Business Advocacy Council, joins John to talk about the challenges facing small businesses in Illinois. Elliot stresses the importance of reducing red tape in Chicago.
Segment 3: Steven Galanis, CEO, Cameo, joins John Williams to talk about the launch of Candl, a new birthday app!
https://serve.castfire.com/audio/7516942/7-11-25_Tariff_power_immigration_economic_impact_small_business_challenges_Cameo_app_Candl_birthday_app_2025-07-11-183342.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jared Dillian, Best selling financial author of the new book, ‘Rule 62: Meditations on Success and Spirituality,’ joins John Williams the latest rounds of tariffs including the tariff on Brazil and copper. Jared also explains his journey of writing his newest self-help book.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about chipmaker Nvidia on becoming the first publicly traded company to surpass a $4 trillion market valuation, and Tesla shares plunging 27% this year.
Segment 3: Brad Henderson, CEO, P33, tells John about the upcoming Global Quantum Forum, what quantum computing is and what it will give us, why is Chicago leading in quantum technology, who will be speaking at the forum, and how we can make our future better with quantum technology.
Segment 4: Ted Rossman, Bankrate.com Senior industry analyst, joins John to talk about a new survey that shows 27% of Americans have a side hustle.
https://serve.castfire.com/audio/7515033/7-10-25_Wintrust_Business_Lunch_tariffs_Nvidia_P33_Global_Quantum_Forum_side_hustle_decline_2025-07-10-204433.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A company with ties to the Chicago area has a deal to buy the WK Kellogg company for $3.1 billion. Ferrero is based in Italy but has manufacturing facilities in Chicago and suburban Franklin Park. The company also operates an innovation center in the Loop. The deal for Kellogg includes all manufacturing, marketing and distribution assets of Kellogg’s cereal portfolio in the U.S., Canada and Caribbean. Those assets include Frosted Flakes, Froot Loops, Mini Wheats, Special K, Rice Krispies and Raisin Bran among others. Ferrero is known for brands like Nutella and Kinder. After the deal closes, WK Kellogg would cease trading on the New York Stock Exchange.
Also, if you have a State Farm homeowners’ policy in Illinois, your rates are going up. Listen for more below:
https://serve.castfire.com/audio/7514499/7514499_2025-07-10-173539.64kmono.mp3Iconic cereal maker WK Kellogg selling to Ferrero for $3BRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what we need to know about Trump’s Big Beautiful Bill. Terry explains what the bill does, what it doesn’t do, and to clear up confusion about taxes and social security benefits. And as always, Terry answers all of your financial questions. And John and Terry maybe have a disagreement about Arthur Laffer.
https://serve.castfire.com/audio/7513048/7-9-25_Terry_Savage_Wintrust_Business_Lunch_Trump_budget_bill_taxes_Social_Security_Arthur_Laffer_2025-07-09-215148.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s a new development in the fight over gates at O’Hare Airport. American Airlines is asking a court for an injunction to block the awarding of more gates to United Airlines. The City of Chicago is reallocating gates and United is poised to gain five gates. American will lose four gates. The city is reallocating gates under a provision in the lease agreement with the airlines that includes a use it or lose it provision. American claims the city breached the contract and is asking for an injunction to stop the process. If the changes go through, United will have about 42% of the space at O’Hare and American will have 30%.
Also, Chicago rent is among the most expensive in the U.S. Listen for more below:
https://serve.castfire.com/audio/7511033/7511033_2025-07-08-220033.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about how to make yourself a valuable commodity at work.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how AI is enhancing human management habits.
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about the former homes of Michael Jordan and Scottie Pippen in Highland Park being on Airbnb, the latest on Pope Leo’s childhood home, a Chicago startup aiming to protect homebuyers from HOA surprises, and Cook County opening the first modular homes.
https://serve.castfire.com/audio/7510644/7-8-25_Wintrust_Business_Lunch_work_value_AI_benefits_to_management_Pope_Leo_house_Jordan_Pippen_Airbnb_2025-07-08-203244.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s a new CEO at Deerfield’s Baxter International. Crain’s reports the company has appointed Andrew Hider as President, CEO and board member. He’s expected to start later this year. He’ll replace Brent Shafer who moves to independent chair of Baxter. He’s been serving as interim CEO following the abrupt retirement of the previous chief executive. Hider previously served as CEO of the Taylor Made Group. He began his career with General Electric.
Also, Canada Sports Betting has analyzed Trip Advisor reviews looking at the tourist hotspots with the most “crowded” tourist reviews in Illinois.
https://serve.castfire.com/audio/7509858/7509858_2025-07-08-145458.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Chief Communications Officer and Chief Wellness Officer, Best Money Moves, joins John Williams to talk about extreme greed taking over the market, what’s in the Big Beautiful Bill, and some stats on the massive gig economy.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Rivian sales struggling and their $1 billion agreement with Volkswagen, and Abbvie acquiring a biotech company for $2.1B, and Chicago-based Shore Capital Partners raising $450M for its food and beverage fund.
Segment 3: Mark Denzler, President and CEO, Illinois Manufacturers Association, tells John why he is urging Governor Pritzker to veto a bill that was pushed through the Illinois legislature that would have a negative impact on attracting businesses in Illinois. Mark explains what SB 328 is and why it would make Illinois a legal minefield.
https://serve.castfire.com/audio/7508377/7-7-25_fear_and_greed_market_gig_economy_big_beautiful_bill_Rivian_sales_Abbvie_Illinois_Manufacturers_SB_328_2025-07-07-193817.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jack Ablin, Chief Investment Officer and Founding Partner, Cresset Capital, talks to John about the market powering back despite ongoing uncertainty, what’s behind the market hitting all-time highs, the complex bond market picture, and the U.S. dollar experiencing its worst first half since 1973.
Segment 2: Greg Glass, CEO, Fanstake, joins John to talk about their competitive NIL platform, how the platform works, and the changes across the NCAA landscape after the House settlement.
Segment 3: Jane Oates, Senior Policy Advisor and recent President at WorkingNation, joins John Williams to break down the latest data on today’s labor report.
Segment 4: James Lynch, Executive Director, The Art Center Highland Park, to tell John about Little Free Galleries, a new community outreach initiative that will bring mini galleries to all nine neighborhoods in Highland Park.
https://serve.castfire.com/audio/7505245/7-3-25_Wintrust_Business_Lunch_Market_resiliency_weak_dollar_strong_jobs_report_Fed_policy_Fanstake_NIL_Little_Free_Galleries_2025-07-03-190945.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Don Kleppin has the business news of the day with the Wintrust Business Minute.
Illinois closed its fiscal year with a record $54 billion in revenue—$717 million over budget. Strong personal income tax growth led the gains, but officials warn federal cuts could pressure next year’s finances. Comptroller Mendoza added to the state’s rainy day fund and plans early pension payments.
Also, Chicago tech hub 1871 has found a temporary home with research firm Dscout after leaving The MART earlier this year. Listen for more below:
https://serve.castfire.com/audio/7504880/7504880_2025-07-03-174520.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
The Chicago Sky have announced a partnership with Moonshot to become the first team in the WNBA to use national security technology to protect players from online hate, harassment and abuse. Moonshot, which focuses on countering online threats, will remove concerning content, credible risks, and take actions to mitigate harm to avoid online abuse. Moonshot says 92-percent of women in public life experience online abuse, 31-percent are sexually harassed online.
Video streaming service Netflix is reportedly talking with music streaming Spotify to partner on projects like live concerts and music awards show. Listen for more below
https://serve.castfire.com/audio/7504850/7504850_2025-07-03-164850.64kmono.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what she likes and dislikes about President Trump’s tax bill, the market reaction to what’s in the bill, the weakness in housing and jobs data, and why now is a perfect time to reevaluate your 401(k). Terry also answers all of your financial questions.
https://serve.castfire.com/audio/7503565/7-2-25_Terry_Savage_401K_Trump_tax_bill_stock_market_high_jobs_and_housing_data_2025-07-02-215205.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about what you need to know if you want to grow as an employee, the financial situation in Chicago and what needs to be done to help the city become more safe, inclusive, and prosperous.
Segment 2: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, tells John why the market is hitting record highs, what sectors seem to be doing well, investors believing in the economy, Fed Chairman Jerome Powell saying tariffs are keeping interest rates steady, what will happen with tariffs, how much he thinks interest rates should be cut, and how an interest rate cut could impact the economy.
Segment 3: Rich Gentile, Founder, Santa for a Day, tells John about the mission of Santa for a Day, and everything we should know about their Christmas in July fundraiser coming up at SPACE in Evanston!
https://serve.castfire.com/audio/7501316/7-1-25_Wintrust_Business_Lunch_Chicago_financial_situation_stock_market_highs_Fed_interest_rates_Santa_for_a_Day_2025-07-01-192616.128.mp3Recent PostsWintrust Business LunchTariff threat, skilled trades, Chicago youth survey.cls-7{fill:#fff;fill-rule:evenodd}Fall at Gallagher Way, AI tasks, retirement security.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Is the U.S. dollar in question?.cls-7{fill:#fff;fill-rule:evenodd}AI job loss, ‘Boo at the Zoo,’ top tech for fall.cls-7{fill:#fff;fill-rule:evenodd}Home prices down, Waymo hiring, Quantum Shore.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage and very special guest Dr. Bob Froehlich, expert money manager and Chairman, Chief Executive Officer, President & Owner, Kane County Cougars Baseball Club, join John Williams to talk about Dr. Bob’s prediction in January 2024 that the Dow Jones would hit 44,000 by the end of the year. Dr. Bob also discusses the federal deficit, immigration, tariffs, inflation, interest rates, and if he’s optimistic about 2025 (hint: He is!).
https://serve.castfire.com/audio/7071420/7071420_2024-11-13-220720.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
New research shows Atlanta is the top city destination for Black residents who’ve decided to move out of Chicago. Texas is the top state destination. The findings are included in a study by the University of Illinois Chicago Institute for Research on Race & Public Policy. Chicago’s black population has dropped by one-third since 1980 but the black population in the greater metro area has remained stable. The study, reported by Crain’s, shows 9% of black residents who left Illinois moved to Texas. Houston and Dallas were the most popular cities for those who moved to Texas. 6.8% of black movers went to Atlanta. White movers chose Phoenix. Latino movers most frequently chose Houston.
Also, there’s a new publisher at the Chicago Reader. Listen for more below:
https://serve.castfire.com/audio/7069639/7069639_2024-11-12-222939.64kmono.mp3
Segment 1: WGN Radio Business Reporter Steve Alexander gives an update on the top business stories of the day.
Segment 2: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Harvey talks about holiday scams, the best deals for Black Friday, and answers all of your tech questions.
https://serve.castfire.com/audio/7069417/7069417_2024-11-12-203717.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about why the markets are moving so well, why she believes this is an ‘owner’s economy,’ Tesla joining the 1 Trillion Club, and why we should be concerned about our public debt.
Segment 2: Chip Lupo, Writer and Analyst, WalletHub, tells John the results of WalletHub’s 2024’s Best & Worst Places for Veterans Report and Military Money Survey.
Segment 3: Dawn Melchiorre, Executive Director of Cradles to Crayons Chicago, joins John to talk about Cradles to Crayons and their 2024 Gear Up for Winter campaign that hopes to collect 50,000 coats to keep Chicagoland children warm this winter.
https://serve.castfire.com/audio/7067655/7067655_2024-11-11-200455.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Shares of AbbVie have dropped sharply after disappointing trials for its drug to treat schizophrenia. The drug, emraclidine, failed to meet the primary goal of treating symptoms of the mental illness. The drug was part of two mid-stage trials which shows no statistically significant improvement in the severity of symptoms. AbbVie says it needs to analyze the data to determine next steps. The North Chicago-based company’s shares fell as much as 12% at one point, the biggest decline in three years. The stock had been up nearly 30% this year as of Friday’s close.
Also, car-maker Stellantis, facing a strike by workers at its Belvidere plant over a stalled reopening of the facility, says it will cut hundreds of workers at a warehousing facility in Detroit. Listen for more below:
https://serve.castfire.com/audio/7067647/7067647_2024-11-11-200647.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John Williams to talk about why the markets are continuing to rise, what he reminds investors when the market is high, the potential trade issues in 2025, his reaction to yesterday’s Fed decision, and the economic risks we need to watch moving forward.
Segment 2: Kathy Scherer, Managing Partner, Deloitte Chicago, tells John about their new home for business innovation, the NextGen Greenhouse. Kathy explains how the immersive space helps clients, the new technology used that allows clients to see things differently, some of the highlights of the space, and how the space has helped their clients so far.
Segment 3: Jennifer Frank, Insulators Local 17, Part Time Instructor, Apprenticeship School, talks to John about what insulators do, what an apprenticeship program is like, who they would like to see working in the trades, the typical wage of an insulator, the types of jobs available, and how their industry is faring right now.
https://serve.castfire.com/audio/7065598/7065598_2024-11-08-200438.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s Molson Coors says its annual net sales will fall this year. The beverage company blames what it calls “a challenging consumer environment” in the U.S. It’s brands include Coors Light and Miller Lite. Molson Coors says its sales will fall about 1% this year compared to last year. Third quarter net sales were down 7.8%. Other brewers are also struggling in the U.S. market because of depressed consumer spending, including Anheuser-Busch-InBev and Heineken.
Also, Chicago-based US Cellular will sell some of its spectrum assets to AT&T for $1 billion. Listen for more below:
https://serve.castfire.com/audio/7065600/7065600_2024-11-08-202600.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new research center operated by the University of Illinois Chicago will study the public health impact of climate change and ways to intervene that are nature-based. The UIC Center for Climate Change & Health Equity is backed by funding from the federal government. The center will receive $4 million over three years from the National Institutes of Health. The NIH’s Climate Change & Health Initiative is funding 21 centers nationwide including the one in Chicago. A team of experts in public health, medicine, engineering, urban planning and biological sciences will consider interventions like green infrastructure to minimize the consequences of climate change.
Also, United Auto Workers in Belvidere will vote today on whether to authorize a strike against Stellantis. Listen for more below:
https://serve.castfire.com/audio/7064141/7064141_2024-11-08-004241.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about how well the market has performed since the election, what’s driving the rally, his concern over President-elect Trump’s plan to impose tariffs, and his thoughts on the Fed’s plan for rate cuts.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about Canada ordering the dissolution of TikTok’s Canadian business, Australia announcing legislation designed to keep kids off social media until they’re 16, and shares of Tesla continuing to rise as investors bet that the electric vehicle maker will benefit from Donald Trump’s return to the White House.
Segment 3: Paul Gadbut, CEO, Hydrosome Labs, chats with John about what their bubble technology company does, the way the technology works, how the bubbles improve a vast array of products, and the potential applications of the technology.
Segment 4: Jason Sfire, GLASA (Great Lakes Adaptive Sports Association) Board President and Coach, GLASA Chicago Bears Wheelchair football team, talks to John about the mission of GLASA, who competes on the football team, how the wheelchair game is played, where they draw their athletes from, and the USA Wheelchair Football League (USAWFL) season championship match on November 23rd against the Kansas City Chiefs Wheelchair Football Team.
https://serve.castfire.com/audio/7063704/7063704_2024-11-07-203804.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: WGN Business reporter Steve Alexander talks to John about what’s causing the big market rally today.
Segment 2: Tim Paradis, Future of Work correspondent, Business Insider, joins John Williams to talk about how AI is impacting the interview process.
Segment 3: Brad Stephens, Mayor, Rosemont, joins John Williams to talk about the annual Chicago Boat Show moving to Rosemont. Mayor Stephens, who also serves as an Illinois State Representative, also discusses the results of last night’s election and what the Trump victory means for Illinois.
https://serve.castfire.com/audio/7059508/7059508_2024-11-06-211208.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about prevalence of AI in the workplace and how AI is being used in hiring.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how companies can best navigate the workplace away from choppy post-election waters.
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John Williams to talk about a number of his recent stories including the latest Chicago housing market data, and an Astor Street mansion becoming the new highest-priced home listing in Chicago. Also, when showing a house, please close the toilet lid!
https://serve.castfire.com/audio/7039196/7039196_2024-11-05-200136.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Guests at some Chicago hotels may soon have to pay an additional 1.5% surcharge that would help fund the activities of the city’s promotional arm, Choose Chicago. It would encompass what’s being called a “tourism improvement district” that would include hotels in Chicago’s central business district with at least 100 rooms. It’s hoped the plan would raise $50 million in new revenue to be used for tourism promotion. Crain’s reports the new district would require approval of the city council and the blessing of the hotels involved to move forward. Analysts have said Choose Chicago needs more funding to adequately do its job.
Also, a criminal case brought by the U.S. Department of Justice involving former employees says Motorola Solutions was hacked by the Chinese military. Listen for more below:
https://serve.castfire.com/audio/7037606/7037606_2024-11-05-182306.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about how much the market has gone up the last few months, why Warren Buffett is continuing his stock-selling spree, first-time homebuyers shrinking to a historic low, and how much homeowners insurance differs between red and blue states.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about TechNexus’ co-working space at the Civic Opera Building being the city’s largest co-working space after a multi-floor expansion, and a local med-tech startup being named one of Time’s best inventions of 2024.
Segment 3: Michael Edwards, President and CEO, Chicago Loop Alliance, joins John Williams to talk about the Chicago Loop Alliance’s quarterly report that tracks pedestrian activity, hotel occupancy, office workers on-site, arts and culture, multimodal transportation, investment and more. Michael says the Loop growth has been significant and we are in a ‘downtown renaissance.’
https://serve.castfire.com/audio/7021952/7021952_2024-11-04-204152.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago-based biotech startup has had one of the largest funding rounds for a local company so far this year. Pathos AI raised $62 million in a Series C round. The cash haul brings its valuation to $600 million. Pathos AI is a clinical-stage biotech company focused on re-engineering drug development through artificial intelligence. It has raised $102 million in three years and says the latest funding will help expand its team.
Also, The co-working company, TechNexus, is expanding its Chicago footprint. Listen for more below:
https://serve.castfire.com/audio/7020821/7020821_2024-11-04-171821.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jane Oates, Senior Policy Advisor and recent President, WorkingNation, talks to John Williams to break down the disappointing labor report, how sensitive the labor market is to economic uncertainties, the markets being disassociated with the data, and if this jobs number will impact Fed policy,
Segment 2: Jake Stotter, Vice President, Fenceworks, tells John about their business, why they are known as ‘The Guy on 41,’ the full service and the variety of products they offer, the current trends in fencing, what’s hot in the playground, basketball hoop and trampoline market, and how business has been since COVID.
Segment 3: Ryan Gamperl, Owner, Michael’s Grill and Salad Bar, joins John Williams to talk about their legacy business, how he developed a new cheese when the original cheese they used wasn’t melting properly, the innovation that went into creating the new product, where you can find Michael’s Premium Melting Cheese, and what you should order when you visit Michael’s Grill and Salad Bar in Highland Park.
https://serve.castfire.com/audio/7018747/7018747_2024-11-01-193847.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A $75 million donation from the AbbVie Foundation will help University of Chicago Medicine build its new cancer hospital on Chicago’s south side. The new building will be called the AbbVie Foundation Center Cancer Pavilion and has a completion date in 2027. The freestanding facility will include 575,000 square feet of space with an estimated cost of $815 million. UChicago Medcine says the facility will give south side residents better access to cancer care. It’ll also attract patients from across the region. Experts say cancer death rates on the south side are nearly double the national average. It’s a leading cause of deaths in several neighborhoods, including Kenwood, South Deering and Woodlawn. The AbbVie Foundation is a nonprofit organization that aims to advance health equity.
Also, the food hall trend may be losing popularity even outside of downtown Chicago. Listen for more below:
https://serve.castfire.com/audio/7016367/7016367_2024-10-31-202407.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Darren Freihage, McDonald’s Owner Operator in Monee, joins John Williams to talk about how long he has been a McDonald’s Owner Operator, being a third generation McDonald’s worker, how business has been going, the McDonald’s brand being good to their family, some of the new products currently being offered, the addition of Krispy Kreme doughnuts to the menu, what it means to be an Owner Operator in a town like Monee, and how great the town of Monee has been to their business.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about Microsoft earnings, a semiconductor research facility in upstate New York being selected as one of three national technology centers that will receive up to $825 million in funding for chip technology, and a report saying X’s crowd-sourced fact-checking program, called Community Notes, not addressing the flood of U.S. election misinformation on Elon Musk’s social media platform.
Segment 3: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about the economic policies of former president Trump and Vice President Kamala Harris, what we should know about tariffs, and the impact of immigration on the economy.
https://serve.castfire.com/audio/7015450/7015450_2024-10-31-192650.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
You may be seeing some changes with signage soon in Chicago. A city council committee has approved amended regulations for signs along several shopping corridors, including Michigan Avenue, State Street and Wabash Avenue. The proposal will expand the sizes and types of signs allowed. Council members hope the changes draw in more shoppers to those areas, where e-commerce has cut into brick and mortar business. This is the first time in decades Chicago sign regulations have been updated. The Magnificent Mile Association tells Crain’s the new types of signs won’t change the overall character of the shopping corridors.
Also, Northwestern University is taking steps to boost the number of tech startups launched at the school. Listen for more below:
https://serve.castfire.com/audio/7013205/7013205_2024-10-30-210705.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what you need to know about Medicare Part D, her thoughts on Vice President Kamala Harris’ proposal for Medicare to cover long-term-care services at home, why gold is at an all-time high, and to answer all of your financial questions.
https://serve.castfire.com/audio/7013178/7013178_2024-10-30-214418.128.mp3More with Terry SavageRecent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins John Williams to talk about the Bears crushing loss and how it relates to business success or failure. Tom also talks about what you can do to find more happiness at work.
Segment 2: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “This Week in Wealth” on WGN Radio, joins John Williams to talk about the markets continuing to power ahead, big market drivers reporting earnings this week, if the upcoming election will impact the market, consumer confidence rising, and what recent economic data will mean for Fed policy.
Segment 3: Iconic beauty entrepreneur Bobbi Brown joins John Williams in-studio to talk about growing up in Chicago, her career in the cosmetic world, how she ended up starting her company, why she launched Jones Road, what it’s like competing against her own name, who best represents her vision, the beauty mistakes women often make, why she loves aging, the top products Jones Road sells, her thoughts on styling for men, and tomorrow’s Jones Road Beauty Block Party.
https://serve.castfire.com/audio/7011098/7011098_2024-10-29-201538.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Voortman Steel is breaking ground today for its first U.S.-based manufacturing and assembly plant and office. It’s located in Monee on 27 acres and includes a 100,000 square foot fabrication shop and 20,000 square feet of office space. It’s located at 25715 S Ridgeland Avenue in Monee. Voortman is a global industrial manufacturer and is headquartered in The Netherlands. The Village of Monee is 35 miles south of Chicago and is also home to Amazon, Triton Manufacturing and Whiting Corporation among others.
Also, University of Chicago researchers may have found a functional cure for Type 1 diabetes. Listen for more below:
https://serve.castfire.com/audio/7010702/7010702_2024-10-29-173502.64kmono.mp3TUNE IN Thursday, October 31st to hear from Voortman Steel President Ben Morrall and members of the Monee community, as we spotlight the village for Your Hometown this month.
Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about how Airbnb and VRBO’s are impacting housing costs, how much people are spending on Halloween in 2024, and Target lowering the price of its Thanksgiving meal bundle.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Google opening its first Midwest retail store in Oakbrook, a drone startup helping a suburban hospital transport medical supplies, and a Chicago startup working on bubble technology.
Segment 3: Joe Chura, President and Founder, Go Brewing, tells John about their non-alcoholic beer, the launch of new Pumpkin beer, where you can find their beer in the area, how business has been going this year, their unique taproom in Naperville, and the booming N/A industry.
https://serve.castfire.com/audio/7009138/7009138_2024-10-28-193938.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
North Chicago-based AbbVie is buying Aliada Therapeutics for $1.4 billion. It’ll give AbbVie access to Aliada’s Alzheimer’s disease candidate. AbbVie has been making moves to bolster its neuroscience focus. It bought neuroscience and cancer drug developers earlier this year. Aliada’s Alzheimer’s drug is in early-stage development and could be a major new therapy. It utilizes a protein in the blood that carries iron to transport an antibody that degrades and eliminates brain plaque connected to Alzheimer’s.
Also, a New York Attorney General investigation into Capital One’s proposed acquisition of Discover Financial Services could slow the deal. Listen for more below:
https://serve.castfire.com/audio/7009053/7009053_2024-10-28-180553.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, chats with John about the market performance this week, the market starting to broaden out, what might happen in a post-election economy, consumer sentiment rising, why the Fed’s upcoming decision on interest rates will be so important, and his concern about inflation.
Segment 3: Melissa Hurley, Vice President, Cable Communications, Inc., talks to John about their small family owned-business in Chicago, how their business has evolved since her mom started the company, some of the big projects they are working on, the number of people they employ, the challenges of being a small, women-led business, and the importance of having a great relationship with their employees.
Segment 4: Giovanni Labbate, award-winning owner of Tievoli Pizza Bar in suburban Palatine, tells John about about the origin of their name, competing in the prestigious World Pizza Championship in Italy next April, the kind of pizza they serve, and how they stand apart from other pizza places.
https://serve.castfire.com/audio/7006756/7006756_2024-10-25-190556.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based True Value says nearly half of its workforce could be laid off if its acquisition by Do It Best falls through. The company has filed a notice with the State of Illinois that says 900 employees will be laid off at its office in Chicago. The location is home to corporate employees and retail support staff. Do It Best has offered $153 million for True Value, which filed for bankruptcy just ahead of the acquisition announcement. True Value says it has 1,950 employees with about 1,300 in warehouse, distribution and manufacturing positions.
Airbnb will institute anti-party measures again this year for Halloween. More below:
https://serve.castfire.com/audio/7006621/7006621_2024-10-25-180021.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about market volatility, where the markets could be after the election, the importance of balance when building your portfolio, and how many Fed rate cuts does he expect before the end of the year.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about Federal regulators giving a strong push to electric-powered air taxis, musicians from ABBA, Radiohead and The Cure joining actors and authors in signing a protest letter against the mining of their artistry to build artificial intelligence tools, and a Polish radio station triggering controversy after dismissing its journalists and relaunching with AI-generated “presenters.”
Segment 3: Greg McBride, Chief Financial Analyst, Bankrate, talks to John Williams about a new survey that shows 62% of Americans feel behind on emergency savings.
Segment 4: Miles McCabe (aka Halloween Influencer, Brick Thunder), joins John Williams to talk about how he started collecting Halloween animatronics at age 9, how he turned his passion into becoming a highly successful Halloween Content Creator, and how he was able to turn his passion into opening a professional haunted house. Click here to get a ticket to 5 Points Haunted House this Halloween season!
https://serve.castfire.com/audio/7004960/7004960_2024-10-24-195400.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
Google is putting its fifth U.S. brick and mortar retail store into the Oakbrook Center. Google Store Oakbrook will open next month. Similar to the Apple store, it will feature products shoppers can test and buy, including phones, watches, tablets, FitBit Trackers, and Nest Cameras. It will be a pickup location for online orders, and will have staff on hand for customer service and trouble shooting and repairs.
Also, Milwaukee based Harley Davidson announced dismal third quarter earnings, which included a 10% drop off in retail sales in the U.S., and 13% fall in global sales in Q3 compared to last year. Listen for more below:
https://serve.castfire.com/audio/7004945/7004945_2024-10-24-192345.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the limits of Medicare Advantage plans and what you need to know about changes to Medicare drug plans. Terry also answers all of your Medicare and financial questions.
https://serve.castfire.com/audio/7003302/7003302_2024-10-23-213302.128.mp3More with Terry SavageRecent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
Two businesses that closed their doors will reopen soon. Bed Bath & Beyond, which closed last year, will open physical stores again, in collaboration with Overstock and The Container Store. Also, Toys ‘R’ Us will open a new store at the Harlem Irving Plaza mall in Norridge this Saturday. It will feature the company’s mascot, Geoffrey the Giraffe.
Also, Target says they’re cutting prices on over 2,000 items ahead of the holiday season. Listen for more below:
https://serve.castfire.com/audio/7002826/7002826_2024-10-23-175626.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Consolidation of branches is underway at Huntington Bank. Crain’s reports six Huntington branches are being shut down in the Chicago area, including two in Chicago, one in Arlington Heights, one in Oak Lawn and one in Lombard. The bank says it’s consolidating operations of branches with locations less than three miles away. Huntington Bank purchased TCF Bank in 2021. It has about $10 billion in deposits in the Chicago area. The branch closures will happen in January.
Also, snack food company Mondelez International based in Chicago is selling its stake in coffee brand JDE Peet’s. Listen for more below:
https://serve.castfire.com/audio/7001422/7001422_2024-10-22-213222.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins John Williams to talk about 3M dialing back their remote work policy.
Segment 2: Emily Stewart, Senior Correspondent, Business Insider, tells John about The Boomer Crush Avalanche. Emily explains how millennials and Gen X’ers are trying to figure out what to do with their parents’ stuff.
Segment 3: Courtland Hickey, General Manager, Chicago Costume, tells John about the most popular Halloween costumes in Chicago this year.
https://serve.castfire.com/audio/7001204/7001204_2024-10-22-190104.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Wendy Snyder to talk break down the Federal Reserve Bank’s wealth survey.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells Wendy about a cannabis firm raising $7M to double down on its Illinois growth, Foxtrot continuing its reopening plans, and the latest fundings in Chicago showing that life science startups are leading the way.
Segment 3: Steven Schwartz, CEO, Whop, talks to Wendy about a platform that he created that empowers people to become internet entrepreneurs.
https://serve.castfire.com/audio/6999435/6999435_2024-10-21-193935.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s a report that that University of Illinois is abandoning plans to build a research and teaching facility at the proposed site of The 78 in the South Loop. Crain’s reports the school will split the $285 million dollar project into two parts, locating some of it at the new quantum technology campus on the far south side and some of it in office space in downtown Chicago. Some construction work had already started on the site near 15th and Wells. The report says U-of-I wants to take advantage of the momentum surrounding quantum computing. The State of Illinois has committed $500 million to the site at the former U.S. Steel plant. The Illinois Quantum & Microelectronics Park hopes to attract companies and research institutions.
Also, Northbrook-based Allstate has posted $630 million in catastrophe losses related to Hurricane Helene, and the costs are still being tabulated. Listen for more below:
https://serve.castfire.com/audio/6996530/6996530_2024-10-18-192230.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John about the market continuing to rise, what the limit is for the bull market, the strong economic data coming out, what might cause this bull run to end, if he believes any sectors are overvalued, and if there will be any economic impact after the presidential election.
Segment 2: Angelica Acebedo, Owner, Magnifico Coffee Roasters, join John to talk about their coffee business in the Avondale neighborhood of Chicago, how long they have been up and running, how many family members are involved with the business, what you can get when you visit the shop, their wholesale business that they are starting to grow, where they get their coffee beans from, how they compete against other chains, the culture they instill with their staff, and how committed they are to the community.
Segment 3: Santiago Leon, Managing Partner in charge of Operations, Spearhead Hospitality, talks to John about their portfolio of businesses in Chicago, how they expanded during COVID, the challenge of staffing the properties that they manage, and the properties he is especially proud of.
https://serve.castfire.com/audio/6996390/6996390_2024-10-18-184530.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about what you should do to earn respect at work.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about the Federal Trade Commission adopting a rule that will require businesses to make it easy for consumers to cancel unwanted subscriptions and memberships, and the Biden administration providing up to $750 million in direct funding to North Carolina-based Wolfspeed to support the company’s new silicon carbide factory that makes the wafers used in advanced computer chips
Segment 3: John Manchester, CEO and Owner, Windy City Sweets, talks to John about how business is going this fall, the most popular products at the store, their gourmet chocolates, what they have for Halloween and the upcoming holiday season, and their new presidential cookies.
Segment 4: Kara Demirjian Huss, Senior Vice President at TCCI Manufacturing, tells John about accompanying Governor Pritzker and other business leaders on a trade mission to Japan. Kara talks to John about the importance of the state of Illinois attending these trade missions, Japan being a top foreign investor in Illinois, what they hope to accomplish with Japan. Kara also explains why she’s optimistic about the EV market in general.
https://serve.castfire.com/audio/6994640/6994640_2024-10-17-192040.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Northfield-based Medline will use artificial intelligence to improve the resiliency of the health care supply chain. The company has announced a partnership with Microsoft and will use a new tool called Mpower. According to Crain’s, it’ll analyze customer and supplier data to make complicated inventory management more manageable and predictive. The partnership comes at a time when the medical supply chain has been stressed by recent hurricanes and resulting shortages. Medline says Mpower will smooth out bumps in supply chain and inventory management while lowering costs for customers.
Also, Deere & Co. has announced a new round of layoffs as demand for farm equipment slows. Listen for more below:
https://serve.castfire.com/audio/6994409/6994409_2024-10-17-173509.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what every senior needs to know about Medicare. Terry explains what has changed about Medicare enrollment and answers all of your Medicare questions.
https://serve.castfire.com/audio/6992906/6992906_2024-10-16-213706.128.mp3More with Terry SavageRecent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Abbott Laboratories is launching a $7 billion stock buyback program. The North Chicago-based company made the announcement as it reported 3rd quarter earnings. The stock buyback was approved earlier this month by Abbott’s board of directors. The company says sales rose 5% year over year to more than $10 billion. Abbott says strong demand for medical devices fueled its sales growth, especially devices used by diabetes patients.
Also, fashion store H&M is set to open its newest store in Chicago, at 679 N. Michigan. Listen for more below:
https://serve.castfire.com/audio/6992627/6992627_2024-10-16-194227.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John Williams to talk about the ‘magnificent’ bull market, how long he thinks this bull market might continue, his thoughts on Walgreens closing stores, the changing retail behavior, and crude oil prices settling down.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about interest rates not moving much, very little inventory coming on the market, Chicago being much more affordable than other cities, a Gold Coast row house selling for first time in a century, and a vacant city-owned mansion on Evanston’s lakefront taking a big step toward a comeback.
https://serve.castfire.com/audio/6987474/6987474_2024-10-15-192314.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Another Magnificent Mile office building could be converted into apartments if the City of Chicago gives approval. A Connecticut developer wants to transform the building at 500 N. Michigan with a plan that would more than 300 apartments to the 24-story building. The conversion plan will be before Chicago Plan Commission later this week, according to the Sun Times. The ground floor and second floor of the building would remain retail. It currently houses a Vans shoe store, a bank branch and Chick-fil-A. The developer says the conversion would happen in two phases and 20% of the units would be available as affordable housing.
Also, there’s a settlement to report in a case involving the Chicago-based Blue Cross Blue Shield Association and 33 member companies. Listen for more below:
https://serve.castfire.com/audio/6986012/6986012_2024-10-15-165312.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how well the markets have been performing this year, the S&P hitting another record today, the economic impact of Hurricane Helene and Hurricane Milton,
Segment 2: Stephen Fluhr, Senior Vice President of Development for Unibail-Rodamco-Westfield, tells John to talk about the Village of Skokie authorizing the next steps for a development project at Westfield Old Orchard.
Segment 3: Christiana Trapani, Owner, Door County Candle Company, tells John about their Beachside Candle, where 100% of the profits from the candle will be donated for Hurricane Helene & Hurricane Milton relief.
https://serve.castfire.com/audio/6984617/6984617_2024-10-14-195817.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about what the Producer Price Index data means for the consumer, inflation remaining sticky, how recent hurricanes will impact the economy, the market continuing to reach record highs, if he believes the market is overvalued, and the disconnect between Wall Street and Main Street.
Segment 2: Dan Swan, Senior Partner and manufacturing expert, McKinsey & Company, talks to John about the health of manufacturing in Chicago, the amount of open manufacturing jobs in the U.S., the need to address the shortage of skilled labor, how automation has evolved since the pandemic, and solutions to get more people involved in the workforce.
Segment 3: Bob Apter, President, The Northern Illinois Hockey League (NIHL), joins John to talk about the interest in youth hockey, how the NIHL works, and the support they receive from the Chicago Blackhawks.
https://serve.castfire.com/audio/6910276/6910276_2024-10-11-190416.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Northern Illinois University in DeKalb has announced the largest gift in its history. It’ll fund a new $87 million health care and technology-focused hub for students in multiple disciplines. The Baustert Family Foundation has gifted $40 million to NIU. The health technology center will also offer community health care clinics in audiology, physical therapy and speech-language pathology. The center will include research, teaching, study and innovation spaces as well, along with specialized laboratories. Construction is set to begin in 2026.
Also, Chicago-based United Airlines is adding flights to eight new overseas destinations next year. Listen for more below:
https://serve.castfire.com/audio/6908407/6908407_2024-10-11-185607.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about today’s CPI data, if the inflation data is good news or bad news, why most consumers root for an aggressive Fed, and what recent labor and inflation data means for Fed policy and interest rates.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about federal officials warning consumers to be on the lookout for scammers in the wake of Hurricane Milton, a federal judge saying the Federal Trade Commission can proceed with its landmark antitrust lawsuit against Amazon, and Tesla unveiling their robotaxi.
Segment 3: Julie Smolyansky, CEO of Lifeway Foods, tells John where Kefir originates from, how the company started, the growth they have shown and how they took their product globally, the health benefits of Kefir products, the announcement of 10 new Kefir flavors, and their participation at this weekend’s Chicago Marathon!
Segment 4: Bob Broskey, Lettuce Executive Chef Partner, joins John to share details of specials available at select Lettuce Entertain You Restaurants for the upcoming Chicago Marathon.
https://serve.castfire.com/audio/6902587/6902587_2024-10-10-191727.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Deerfield-based Baxter International says Hurricane Helene could cause a shortage of IV fluids that could last months. The company says its largest manufacturing plant in North Carolina was hard hit last month by the storm. It could take until the end of the year to bring some operations back to 100%. Baxter has been capping some orders for IV fluid. The U.S. Food and Drug Administration has authorized IV imports from other Baxter plants, from Canada, Ireland, China and the U.K.
Also, the United Auto Workers union says a strike against at least one Stellantis plant could start within weeks as part of a controversy tied to Illinois. Listen for more below:
https://serve.castfire.com/audio/6902385/6902385_2024-10-10-180125.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about Kamala Harris proposing that Medicare cover long-term care at home, the stock market continuing to reach record highs, and the economic impact of recent hurricanes. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/6901050/6901050_2024-10-09-213250.128.mp3More with Terry SavageRecent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Cannect Wellness, a Chicago-based craft cannabis company, has raised $7 million in a second round of equity funding. The company has raised $14.5 million to date and plans to use the new cash infusion to increase production capacity and double its headcount, which currently stands at 26. The first funding round was used to build out its 22,000-square-foot facility in Franklin Park. Cannect Wellness has also expanded product offerings, including edibles, pre-rolls and concentrates. The company also plans to launch new brands and evaluate other expansion opportunities.
Also, Chicago software company Logik.io has raised $25 million in a series B funding round. Listen for more below:
https://serve.castfire.com/audio/6900697/6900697_2024-10-09-184137.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new ranking names Lurie Children’s Hospital in Chicago as the best pediatric hospital in Illinois. UChicago Medicine’s Comer Children’s Hospital is ranked second. U.S. News & World Report also puts Lurie in the top ten nationally in two specialties, including neurosciences and neonatology. It’s the only Illinois hospital ranked for all 11 specialties included in the U.S. News report. U.S. News analyzed data from 108 children’s hospitals and surveyed thousands of pediatric specialists for its ranking. By the way, Lurie was also recently named the 9th best hospital globally in a ranking by Newsweek.
Also, Chicago-based McDonald’s is suing several beef companies alleging those companies conspired to limit beef supplies and boost profits at the expense of McDonald’s. Listen for more below:
https://serve.castfire.com/audio/6881935/6881935_2024-10-08-210335.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to break down Friday’s September labor report. Tom says when you are adding jobs, it’s always a positive. And Tom also explains what the jobs data will mean for the Fed and interest rate cuts for the rest of the year
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about companies embracing a trend of allocating a greater proportion of employee compensation to “global results bonuses.” What are the risks of these type of bonuses to both the employer and the employee?
Segment 3: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Harvey also explains how you can watch the Blackhawks and the Bulls on Chicago’s newest sports station, CHSN.
https://serve.castfire.com/audio/6879238/6879238_2024-10-08-190438.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about how a “China Syndrome” could impact the markets, energy prices picking up, his concern over the valuation of the market, the possibility bonds outperform stocks, the strength of the housing market, and a new analysis that suggests the national debt could increase under Kamala Harris, but it would surge under former president Trump.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a generative AI search startup in Chicago raising $4.2M to take on Google.
Segment 3: Melissa Conyears-Ervin, Treasurer, City of Chicago, tells John everything you need to know about the upcoming Building Wealth Today for Tomorrow Financial Education & Empowerment Summit.
https://serve.castfire.com/audio/6831464/6831464_2024-10-07-191504.128.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jane Oates, Senior Policy Advisor, WorkingNation, talks to Jon Hansen about the September Job Report. Listen in while Jane discusses how September was the strongest month for employment growth since March and how these numbers hopefully provide some relief for American households.
Segment 2: Brian Hoogeveen, The Cash Man from Americash Jewelry & Coin Buyers, joins Jon Hansen to talk about the price of gold and why the price of gold has sored. Brian also takes listeners questions pertaining to their unique personal items and what they might be worth.
Segment 3: Lynn Reckamp, Executive Director, The Holiday Heroes, joins Jon Hansen to talk about their incredible organization which focuses on providing joy and improved quality of life to pediatric patients through a combination of in-person and virtual programs. To learn more about the organization or to how you could get involved go to holiday-heroes.org.
https://serve.castfire.com/audio/6784922/6784922_2024-10-04-184822.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
McDonald’s has a new take on the Big Mac. Starting October 10th, they’re offering a Chicken Big Mac for a limited time. Two chicken patties take the place of two all beef patties, but the special sauce, lettuce, cheese, pickles and the sesame seed bun remain.
Also, the third annual “Makers On The Move” bus tour left Springfield this morning, starting a 25-hundred mile trip around Illinois. Listen for more below:
https://serve.castfire.com/audio/6784870/6784870_2024-10-04-170610.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jared Dillian, Best selling financial author of the new book, “No Worries: How to Live a Stress-Free Financial Life,” talks about paying attention to the big financial picture and equity.
Segment 2: Mike Marr, Owner / Brewmaster, Buffalo Creek Brewing, tells John about Oktoberfest in Long Grove. Mike shares what people can expect for the three-day event and talks about the bands that’ll be performing.
https://serve.castfire.com/audio/6768554/WBL_10-3-2024_2024-10-03-204554.64kmono.mp3Recent PostsWintrust Business LunchThe #1 city for Black residents leaving Chicago is….cls-4{fill:#000;}How to lower your cable, internet, and phone bills.cls-7{fill:#fff;fill-rule:evenodd}Market euphoria, military money, winter coat drive.cls-7{fill:#fff;fill-rule:evenodd}AbbVie shares drop after disappointing drug trials.cls-4{fill:#000;}Dow tops 44K, equity in the trades, Deloitte Greenhouse.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about having self-discipline with your money. She also answers listeners’ questions about leaving money for children, IRAs, and more!
https://serve.castfire.com/audio/6759760/Terry_Savage_Wintrust_Business_Lunch_2024-10-02-223700.64kmono.mp3More with Terry SavageRecent PostsWintrust Business LunchTerry Savage: Self-discipline is essence of decision making.cls-7{fill:#fff;fill-rule:evenodd}Danny Wirtz and Michael Reinsdorf talk ‘1901 Project’.cls-4{fill:#000;}Chicago voted best big city for 8th straight year.cls-4{fill:#000;}Firing Gen Z and a guaranteed minimum income.cls-7{fill:#fff;fill-rule:evenodd}Climate-risk data, signature dishes, Tavern on Rush.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
Chicago Blackhawks Chairman and CEO Danny Wirtz and Chicago Bulls President and CEO Michael Reinsdorf are laying out their vision for redeveloping the West Side around the United Center with “The 1901 Project”. The two spoke Wednesday afternoon at the Lincoln Forum’s Chicago’s Next Big Idea Luncheon. They plan to sink more than $7 billion in private revenue into the largest redevelopment on Chicago’s West side.
Also, Illinois Governor JB Pritzker and Aurora Mayor Richard Irvin broke ground this morning on what will be a new data center in Aurora off of Bilter Road. Listen for more below
https://serve.castfire.com/audio/6759528/6759528_2024-10-02-203428.64kmono.mp3Recent PostsWintrust Business LunchTerry Savage: Self-discipline is essence of decision making.cls-7{fill:#fff;fill-rule:evenodd}Danny Wirtz and Michael Reinsdorf talk ‘1901 Project’.cls-4{fill:#000;}Chicago voted best big city for 8th straight year.cls-4{fill:#000;}Firing Gen Z and a guaranteed minimum income.cls-7{fill:#fff;fill-rule:evenodd}Climate-risk data, signature dishes, Tavern on Rush.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
Big business for the City Of Chicago when it comes to tourism. For the 8th straight year, readers of Conde Nast Traveler have voted Chicago the best big city in the country. Over half a million readers voted for their favorite destinations and venues. Over the Summer, 3.4 million hotel rooms were booked in the city, a five percent increase from last Summer. We also had over 671,000 international visitors, up 11% from last year. Visitors for the DNC, Lollapalooza and NASCAR gave a big boost.
Ford has a free offer if you buy or lease a Mustang Mach-E, Ford F-150 Lightning or E-Transit. Listen for more below:
https://serve.castfire.com/audio/6709804/6709804_2024-10-01-224404.64kmono.mp3Recent PostsWintrust Business LunchTerry Savage: Self-discipline is essence of decision making.cls-7{fill:#fff;fill-rule:evenodd}Danny Wirtz and Michael Reinsdorf talk ‘1901 Project’.cls-4{fill:#000;}Chicago voted best big city for 8th straight year.cls-4{fill:#000;}Firing Gen Z and a guaranteed minimum income.cls-7{fill:#fff;fill-rule:evenodd}Climate-risk data, signature dishes, Tavern on Rush.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and Founder of the LaSalle Network, talks about Gen Z being fired from companies and the workplace culture.
Segment 2: Michael Miller, an Economics Professor at Western Washington University and a Professor Emeritus at DePaul University, discusses guaranteed minimum incomes and the immigrant labor force.
https://serve.castfire.com/audio/6704144/WBL_10-1_Tom_Gimbel_Michael_Miller_2024-10-01-204644.64kmono.mp3Recent PostsWintrust Business LunchTerry Savage: Self-discipline is essence of decision making.cls-7{fill:#fff;fill-rule:evenodd}Danny Wirtz and Michael Reinsdorf talk ‘1901 Project’.cls-4{fill:#000;}Chicago voted best big city for 8th straight year.cls-4{fill:#000;}Firing Gen Z and a guaranteed minimum income.cls-7{fill:#fff;fill-rule:evenodd}Climate-risk data, signature dishes, Tavern on Rush.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how Zillow is creating climate-risk data to for-sale home listings. Ilyce and John also talk about the HR Technology Conference and how A.I. is being used in companies.
Segment 2: Bill Stavrou, Founder and CEO, FoodHaul and foodhaul.com joins to talk about the dishes offered in their meal delivery service. Bill explains how all of their meals are signatures dishes from popular chefs and delivered refrigerated.
Segment 3: Phil Stefani, Owner of Stefani Restaurant Group joins John to talk about the reopening of Tavern on Rush with a renovated space.
https://serve.castfire.com/audio/6699089/WLB_9-30-2024_2024-09-30-205429.64kmono.mp3Recent PostsWintrust Business LunchClimate-risk data, signature dishes, Tavern on Rush.cls-7{fill:#fff;fill-rule:evenodd}United Airlines has a new wine list for economy class.cls-4{fill:#000;}Stock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
United Airlines has a new wine list for people who fly in the domestic economy class. Starting tomorrow, passengers can enjoy high quality canned wines from women-owned brands. United has served over 20 million glasses of wine so far this year.
Also, we’re seeing gas prices up in the last week around Chicago. Listen for more below:
https://serve.castfire.com/audio/6699060/6699060_2024-09-30-205600.64kmono.mp3Recent PostsWintrust Business LunchClimate-risk data, signature dishes, Tavern on Rush.cls-7{fill:#fff;fill-rule:evenodd}United Airlines has a new wine list for economy class.cls-4{fill:#000;}Stock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the market and to break down details on the Personal Consumption Expenditures Price Index. Tom also talks about how Social Security COLA is expected to be 2.5% in October.
Segment 2: Ted Rossman, Bankrate.com Senior industry analyst, joins John to explain that over 2 in 5 U.S. adults have at least one unused gift card, totaling about $27 Billion and what this money could do for the economy.
Segment 3: Jeff Rosati, Rosati’s Pizza CFO, joins John to talk about some of the ways Rosati’s Pizza is celebrating their 60th anniversary and how people can get involved on the festivities.
https://serve.castfire.com/audio/6663219/6663219_2024-09-27-213619.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new survey shows optimism among small businesses in Chicago for the upcoming year. The University of Illinois-Chicago conducted the survey, called the 2024 Small Business Outlook. It shows the majority of companies anticipate positive performance over the next year. 67% of businesses surveyed expect growth during the 12 month period. 26% say they expect to sustain current operations. And 7% expect some contraction. Some of the small business owners have concerns about recruiting talent and potential tax increases. The survey results are based on responses from small businesses across various industries.
Also, Chicago-area consumers slowed their pace of spending in the first six months of this year. Listen for more below:
https://serve.castfire.com/audio/6659358/6659358_2024-09-27-205858.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the market broadening, why there is a negative perception of the economy despite it being healthy, and if he believes the Fed will continue to cut rates.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about Meta unveiling updates to the company’s virtual reality headset and Ray Ban smart glasses, government scientists and artificial intelligence experts from at least nine countries and the EU meeting in San Francisco after the U.S. elections to coordinate on safely developing AI technology, and X releasing its first transparency report since Elon Musk’s takeover.
Segment 3: Emily Stewart, Senior Correspondent, Business Insider, tells John how credit scores have become a weapon of mass seduction.
Segment 4: Pam Vieau and Marcy Goetz, Mother/Daughter team at Happy by Chocolate, tell John how they got into the chocolate business, when the hobby turned into a business, how they come up with the recipes, and to recommend some of their best-selling chocolates.
https://serve.castfire.com/audio/6631603/6631603_2024-09-26-191503.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about a surprising drop in consumer confidence despite the economy being good overall, and if the spending slowdown creep into the holiday season. Terry also answers your financial questions.
https://serve.castfire.com/audio/6604958/6604958_2024-09-25-212958.128.mp3More with Terry SavageRecent PostsJohn WilliamsVince McMahon Lawsuit and Eric Adams indictment.cls-7{fill:#fff;fill-rule:evenodd}Rep. Quigley shares details on the U.S. D.O.T. Mega Program.cls-7{fill:#fff;fill-rule:evenodd}Best city spots for pasta, according to John Williams.cls-4{fill:#000;}What’s more important with regards to schools?.cls-4{fill:#000;}Great things happening at SIU Carbondale this Fall! .cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago-based Medicare Advantage insurer has raised $140 million in new funding. Zing Health will use the funding to expand its integrated, chronic special needs focused plans to more beneficiaries. It also plans to invest in integrating its member experience with high quality care providers. Zing Health provides managed care Medicare Advantage plans with supplemental benefits and access to care through a network of provider partners. Each member receives personalized care tailored to their health conditions and social needs through a mix of technology and value-based care delivery.
Also, new stats show the pandemic exodus from Chicago was not as bad as first thought.
https://serve.castfire.com/audio/6599030/6599030_2024-09-25-183030.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: WGN Business Reporter Steve Alexander tells John about Kmart closing its last full-size U.S. store.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how retailers need to be prepared when customers get politically heated up.
Segment 3: Harold Redman, President and CEO, ECHO Incorporated in Lake Zurich, tells John about how many people they employ from the Lake Zurich area, the efficiency of their facility, ECHO being a recipient of a Green Business Award from the Village of Lake Zurich, the 10 products they launched at a media event last week, who typically uses their products, the advancements of battery technology, their partnership with Susan B. Komen, and how business has been going this year.
https://serve.castfire.com/audio/6546565/6546565_2024-09-24-191005.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Hyatt Hotels is expanding its global footprint. The company has announced more than 20 new properties in the U.S., Canada, Mexico, Latin America and the Caribbean. The new locations will expand Hyatt’s brand in several new regional markets, including Peru, Costa Rica and Dominican Republic. Since 2017, Hyatt has doubled the number of luxury rooms in its global inventory. The hotel chain says the new locations underscore Hyatt’s position as a premier hotel brand for high-end travelers. The other new locations are in California, Arizona, Utah and Florida.
Also, the president of the Federal Reserve Bank of Chicago says more interest rate cuts are on the way. Listen for more below:
https://serve.castfire.com/audio/6546275/6546275_2024-09-24-170715.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the latest on a bill to fund the government, the difference between a conforming loan and a nonconforming loan, the number of housing units authorized to start construction stagnating, and what the Fed cutting interest rates will mean for you.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Nanograf, a Chicago battery startup, landing $60M for a new facility in Flint Michigan, and the founder of Bonobos building friendship startup called Pie.
Segment 3: Robert Garvey and Dana Hokin, founders of Robert’s Pizza & Dough Co., join John to talk about being awarded #50 out of “The Best 100 Pizzerias in the World” by 50 Top Pizza. Robert’s also received the special award for “Performance of the Year 2024 – Robo Award!”
https://serve.castfire.com/audio/6544808/6544808_2024-09-23-195408.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
World Business Chicago is hosting a weeklong conference this week called Future of Fintech Week. The event will focus on the future of finance technology in Chicago. Industry leaders, entrepreneurs and investors in FinTech will gather to focus on growing the sector locally. Chicago Inno says Fintech activity has been trending up in the past year after peaking in 2021. Activity in the sector has fluctuated in actual activity and deal size. World Business Chicago sponsors several programs aimed at attracting growth capital for local entrepreneurs. The conference runs through Friday.
Also, a Chicago startup that focuses on shipping reports a successful funding round. Listen for more below:
https://serve.castfire.com/audio/6544698/6544698_2024-09-23-194838.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins Jon Hansen to talk about the Fed cutting rates earlier this week, what the Fed decision means for investors, why you should not fear investing when the market is high, and the importance of the labor market.
Segment 2: Chris Geier, CEO, Sikich, tells Jon what their company does, his belief that trust is at the core of their culture, why they implemented a flexible work policy, how it has helped them find better candidates for employment, and how successful the policy has been overall.
Segment 3: Ryan Messner, President of the Historic Downtown Long Grove Business Association, tells Jon everything you need to know about this weekend’s Apple Fest!
https://serve.castfire.com/audio/6494376/6494376_2024-09-20-193716.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based McDonald’s says its $5 value meal will stay on the menu until the end of this year. The meal’s include four items, including a choice of McChicken or McDouble, four-piece chicken nuggets, fries and a drink.
A venture capital firm in Chicago that invests in real-estate startups has raised a third fund that’ll be used to back more tech firms. Listen for more below:
https://serve.castfire.com/audio/6480965/6480965_2024-09-19-201605.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Greg McBride, Chief Financial Analyst, Bankrate, chats with John about the Fed cutting interest rates yesterday, why he was encouraged by the policy decision, how the market has been reacting to the rate cut, and the economy being in very good shape overall.
Segment 2: Bree Fowler, Senior Writer, CNET, joins Jon to talk about Instagram making teen accounts private by default, California Governor Gavin Newsom signing three bills to crack down on the use of artificial intelligence, and hackers demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month.
Segment 3: Cristi and Jeff DiCianni, Owner, Fitness Premier in Manhattan, Illinois, tells Jon about what led them on this journey, what sets this gym apart from their competition, how the diverse membership impacts their business, their expansion into the wellness arena, the support they have received from the community, the different levels of membership, what it’s like being a franchise owner, and their plans for future growth.
Segment 4: Derek Poitras, General Manager, Flyover, tells Jon about Navy Pier’s new immersive journey, Legendary Iceland!
https://serve.castfire.com/audio/6480227/6480227_2024-09-19-190827.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen to talk about what a Fed rate cut will mean for you and how the Fed typically acts during an election year. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/6462596/6462596_2024-09-18-213336.128.mp3More with Terry SavageRecent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new ranking puts the University of Chicago Booth School of Business and Northwestern University’s Kellogg School of Management in two of the top three spots. The schools finished number two and number three respectively in the Bloomberg Businessweek Best Business School rankings. The list highlights the best full-time MBA programs. Kellogg is up four spots over last year. Booth is in the same slot. Stanford University came in at number one. Darthmouth and University of Virginia round out the top five. Bloomberg compiles the rankings with the help of surveys of graduating students, recent alumni and companies that recruit MBAs.
Also, a medical supply company is expanding its downtown Chicago office footprint.Listen for more below:
https://serve.castfire.com/audio/6461511/6461511_2024-09-18-190411.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins Jon Hansen to talk about Amazon telling employees to return to the office five days a week, and why some teens are losing faith in college.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins Jon Hansen to talk about a number of recent stories including Michael Jordan’s mansion finally landing a buyer, the Obamas’ old Hyde Park condo hitting the market, and a Streeterville penthouse cutting its $14.3 million asking price by half.
https://serve.castfire.com/audio/6446123/6446123_2024-09-17-192523.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Jennifer Gartenberg, CFP®, Managing Director, Wealth Advisor, Mesirow Wealth Management, joins Jon Hansen on Mesirow Monday to talk about the Fed meeting this week, what might happen with interest rate cuts, the costs of health care in retirement, what to know about long term care insurance, and the benefits of health savings accounts.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells Jon about United Airlines working with Elon Musk’s Starlink service to bring better WiFi to the skies, Foxtrot slowly reopening stores, and some local companies participating at a popular pitch competition in San Francisco next month.
Segment 3: Kara Demirjian Huss, Senior Vice President at TCCI Manufacturing, tells Jon about the Illinois Manufacturers’ Association’s “The Power of Being a Woman Maker” event happening tomorrow in Decatur.
https://serve.castfire.com/audio/6436053/6436053_2024-09-16-192553.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen to talk about markets being nearing their all-time highs, the public being highly invested in stocks right now, why you should be careful when the market goes to extremes, gold being at at an all-time high, and to answer all of your financial questions.
Segment 2: Allen Shulman, CEO, DwellSocial, talks to Jon about their app that brings the best restaurants in the city to the suburbs.
Segment 3: Amy Czarkowski, Events & Programs Manager for the Greater Ravenswood Chamber of Commerce, tells Jon everything you need to know about this weekend’s Ravenswood ArtWalk
https://serve.castfire.com/audio/6422603/6422603_2024-09-13-193303.128.mp3More with Terry SavageRecent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Chuck Fraelich, President, tag Outlet, talks to Jon Hansen on the Wintrust Business Lunch about their Chicago-based business, the history of their company, the lifestyle brand they are extremely proud of, the key product categories they sell, who they develop products for, their primary customer base, the importance of being a Chicago-based company, the core values of the company, how they respond to trends and the needs of their customer base, and their annual tag Outlet Tent Sale happening this weekend.
https://serve.castfire.com/audio/6421298/6421298_2024-09-13-140338.64kmono.mp3Visit them at 3310 N. Elston Ave in Chicago September 13th-15th, from 10am to 6pm. Follow thetagoutlet on Instagram too.
Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
McDonald’s is extending its popular $5 summer deal into December in most markets, including Chicago. McDonald’s hopes the move continues to draw customers looking to make the most out of their money, with many feeling food prices have gotten too high. McDonalds also plans to reset its $1, $2, and $3 value offerings.
Also, There’s a lot of money on the line for this weekend’s LIV Tour in Bolingbrook. Listen for more below:
https://serve.castfire.com/audio/6417800/6417800_2024-09-12-201700.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins Jon to talk about market volatility, and what he expects the Fed to do with interest rates next week, what investors need to know about their portfolios in the current market.
Segment 2: Bree Fowler, Senior Writer, CNET, joins Jon to talk about a tech billionaire performing the first private spacewalk, preorders for the newest iPhones starting, and the Australian government promising to pass legislation this year to enforce a minimum age for children to access social media.
Segment 3: Chuck Fraelich, President, tag Outlet, talks to Jon about their Chicago-based business, the history of their company, the lifestyle brand they are extremely proud of, the key product categories they sell, who they develop products for, their primary customer base, the importance of being a Chicago-based company, the core values of the company, how they respond to trends and the needs of their customer base, and their annual tag Outlet Tent Sale happening this weekend. Visit them at 3310 N. Elston Ave in Chicago September 13th-15th, from 10am to 6pm.
https://serve.castfire.com/audio/6417519/6417519_2024-09-12-194919.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the inflation data released today, how we are trending in the right direction on inflation, how the markets have been reacting to the data, what this will mean for Fed policy, how investors are assessing the last night’s debate, and why now is a great time to reconfigure your portfolio.
Segment 2: Katie Lane, Chief Talent Officer, Clayco, tells John about Clayco’s student loan repayment program and how the program has positively impacted employees. Katie explains how the program works, who is eligible for the program, who is participating in the program, and how the program has increased financial literacy among employees.
Segment 3: Jessica Smart, President and CEO, Clearbrook, joins John to talk about the upcoming Step it Up for Clearbrook 5k and 1 mile walk.
https://serve.castfire.com/audio/6412793/6412793_2024-09-11-215133.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
The NFL saw a 12% increase in viewership during Week 1 of the regular season. An average of 21 million people watched each NFL game. In total 123 million Americans saw at least part of a game. The Chief’s Thursday night win over the Ravens was the most watched with 29.2 viewers. The record number of first week viewers came, despite CBS not being able to air early games in certain markets like Chicago in competition with the Bears game, which was on FOX.
Also, there’s a convention currently in Chicago that dwarfs the Democratic National Convention last month. Listen for more below:
https://serve.castfire.com/audio/6412406/6412406_2024-09-11-202006.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins John to talk about the ‘realistic’ labor report released last Friday, and why he thinks that believing in yourself isn’t as important as being motivated when looking for a job.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the rise in ‘robo-relationships’ and what companies need to watch out for in the workplace.
Segment 3: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins John Williams to talk about Volkswagen’s deal with Rivian, the status of industry car shows, the future of in-car advertising, the approachability of EVs, and his thoughts on the Cybertruck.
https://serve.castfire.com/audio/6378519/6378519_2024-09-10-203719.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based TransUnion has been fined by the U.S. Securities & Exchange Commission for violating whistleblower protection laws. TransUnion is among seven companies that have agreed to pay fines over charges that involved employment, separation and other agreements that violated rules prohibiting actions that impede whistleblowers from reporting potential misconduct to the SEC. TransUnion’s fine was $312,000. The SEC says the company required employees to waive their right to possible whistleblower monetary awards. TransUnion is one of the three major credit-reporting agencies.
Also, Crain’s Chicago Business is out with its list of the Chicago area’s top 25 law firms. Listen for more below:
https://serve.castfire.com/audio/6373172/6373172_2024-09-09-210212.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the recent NAR settlement and how it is impacting buyers and sellers, and her takeaways from Friday’s August labor report.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Chicago not ranking in the top 20 in the US and Canada for tech talent, how Chicago universities rank when it comes to producing successful startup founders, and a Chicago startup that helps amateur sports betters win more bets.
Segment 3: Chef Joe Decker, Partner, Lettuce Entertain You, Executive Chef, Wildfire, talks to John about Wildfire in Glenview celebrating their 20th anniversary!
https://serve.castfire.com/audio/6372755/6372755_2024-09-09-194655.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Jane Oates, Senior Policy Advisor and recent President, WorkingNation, talks to John Williams to break down the August labor report. What were Jane’s biggest takeaways from the report?
Segment 2: Amy Danzer, Program Director, Printers Row Lit Fest, tells John everything we need to know about this weekend’s Lit Fest!
Segment 3: Chris Gladwin, CEO of Ocient and board chair at P33 Chicago, joins John Williams to talk about the second annual Chicago Climate Tech Week, the importance of addressing climate, how technology is taking on climate change, and why Chicago is a leader in climate technology.
https://serve.castfire.com/audio/6330989/6330989_2024-09-06-204729.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Frequent-flyer programs of the top four U.S. airlines, including Chicago’s United Airlines, are being investigated. The Department of Transportation has launched the probe to determine whether the programs involve deceptive or anti-competitive practices by the airlines. The investigation will also look into programs at American, Delta and Southwest. The Department of Transportation has ordered the airlines to submit records about their rewards programs, which generate billions of dollars annually for the carriers. The feds also want to see any customer complaints received by the airlines. In some cases, the rewards programs generate more revenue than flight operations. The programs encompass credit card, consumer incentive, loyalty and frequent flier programs.
Also, American Airlines says it will launch flights from Chicago to Madrid next year. Listen for more below:
https://serve.castfire.com/audio/6325407/6325407_2024-09-06-180007.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
A new report shows Illinois, California and New Jersey have the highest concentrations of at-risk housing markets in the country. The report was compiled by ATTOM, a curator of land, property, and real estate data. The Special Housing Risk Report spotlights county-level housing markets vulnerable to declines, based on home affordability, underwater mortgages and other measures. It found some of the biggest clusters were around Chicago, New York City and inland California. The locations around Chicago include parts of Cook, Kendall, McHenry and Will Counties. Lake County, Indiana is also highlighted. Counties are considered at-risk based on the percentage of homes facing possible foreclosure, the portion with mortgage balances that exceeded estimated property values, the percentage of average local wages required to pay for home ownership expenses and local unemployment rates.
Also, there’s a new ranking of the country’s top 100 colleges and universities with startup founders. Listen for more below:
https://serve.castfire.com/audio/6278965/6278965_2024-09-05-201205.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about today’s job data, employment gradually cooling, why the data is not panic inducing, inflation slowly moving towards the Fed’s target, and what the labor data will mean for Fed policy later this month.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about X being suspended in Brazil, the Biden administration seizing Russian-run websites and charging two state media employees in an effort yet to push back against Russian attempts to spread disinformation, and Verizon buying Frontier Communications.
Segment 3: Dale Buss, writer for Food Technology, Contributing Editor of Chief Executive Magazine and Founder/Executive Director of The Flyover Coalition, joins John to talk about the use of AI in the food industry.
Segment 4: Mike LaVitola, Foxtrot Café & Market Chairman, joins John to talk about the reopening of their first store in Chicago’s Gold Coast today.
https://serve.castfire.com/audio/6277462/6277462_2024-09-05-192702.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about market volatility recently and what you should be aware of if you are close to retirement. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/6258984/6258984_2024-09-04-210624.128.mp3More with Terry SavageRecent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
United States Steel says thousands of job cuts could happen if its acquisition by Nippon Steel is blocked. U.S. Steel operates facilities in northwest Indiana. The company says without the support of Nippon, it would have to pivot away from blast furnaces, a move that would imperil jobs and undermine the competitiveness of American steel industry. Politicians and union leaders have been pushing to stop the acquisition by the Japanese company so that the American steel industry doesn’t come under foreign control. Nippon has promised to invest nearly $3 billion in U.S. Steel’s older mills including $300 million for the Gary Works facility.
Also, Chicago-based Molson Coors Beverage Company is cutting some of its diversity efforts after a right-wing activist threatened to target the company. Listen for more below:
https://serve.castfire.com/audio/6256120/6256120_2024-09-04-174320.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Foxtrot’s comeback begins this week in Chicago. Crain’s reports the company is reopening its Gold Coast store at 23 W. Maple this Thursday. The Old Town location is expected to be the second of the Chicago stores to reopen later. Foxtrot abruptly closed all of its locations earlier this year. It says the newly reopened locations will look largely the same as before with similar layout and merchandising. The stores will sell the same items but the food experience will be revamped. Foxtrot plans to reopen about a dozen stores, most in Chicago.
Also, a new report shows labor union participation is down in Illinois. Listen for more below:
https://serve.castfire.com/audio/6254266/6254266_2024-09-04-154506.64kmono.mp3
Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins John to talk about what we can expect from Friday’s August labor report, his thoughts on how the economy is doing in general, and what you need to consider if you are looking for a job this fall.
Segment 2: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs.
https://serve.castfire.com/audio/6219786/6219786_2024-09-03-202726.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the economy getting better across the board, how many Fed rate cuts does he expect before the end of the year, why he remains pretty bullish, the positive impact that lower rates will have on the economy, inflation continuing to come down, and if the election will have any impact on the market.
Segment 2: Jeff Rogers, television host, professional emcee, and best-selling author, talks to John about how leaders in business use can use storytelling to communicate better with their teams.
Segment 3: Ryan Brown, Managing Director at HIRE360, joins John to talk about HIRE360’s mission to expand employment and advancement opportunities in the hospitality, manufacturing, and construction industries.
https://serve.castfire.com/audio/6124306/6124306_2024-08-30-195706.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The City of Chicago has cut the ribbon on O’Hare Airport’s Northeast Cargo terminal following the completion of phase III of the project. The new terminal adds an additional 130,000 square feet of cargo storage and two more plane parking spaces. A new ramp can also handle up to 12 jumbo freighters per day. In total, the new facility has 900,000 square feet of storage, 13 jet parking spaces and a fueling station. Mayor Brandon Johnson says the expansion makes Chicago an even bigger player in global trading. It’s expected to create 200 permanent jobs.
Also, a suburban company that specializes in medical device design and development is expanding its operations and launching a new unit. Listen for more below:
https://serve.castfire.com/audio/6121667/6121667_2024-08-30-180507.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Robert Bruno, professor of labor and employment relations at the University of Illinois Urbana-Champaign and the director of the Project for Middle Class Renewal, a research-based initiative tasked with investigating labor policies in today’s economy, joins John to talk about the state of labor in 2024 and how would labor fare under each of the respective presidential tickets.
Segment 2: Jon Reed, Senior Energy Editor, CNET, joins John Williams to talk about a new CNET solar policy analysis. How solar friendly is Illinois?
Segment 3: Andy Totten, McHugh Construction’s Vice President of Sports, Entertainment and Special Use, tells John about the big sports and entertainment projects they have been involved with, what they have planned for the west side with the 1901 project, the work they did for the DNC, and how business has been going generally.
Segment 4: Kyle Wenzel, Owner/Operations Manager, Harbor Brewing Company, talks to John about their business in Lake Villa, how the business started, the beers the currently have on tap, what the vibe is like when you visit, how well their wedding venue is doing, and where you can find their beer outside of the brewery.
https://serve.castfire.com/audio/6113382/6113382_2024-08-29-195022.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about markets continuing to stay strong and the latest news on Social Security clawbacks. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/6082435/6082435_2024-08-28-211735.128.mp3More with Terry SavageRecent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
CDK Global, the suburban software firm that serves U.S. car dealerships, says the cyberattack that impacted its operations earlier this year does not appear to have involved the theft of dealership employee or consumer data. The Hoffman Estates-based company was hit by a ransomware cyberattack in June. Bloomberg says the company conducted a thorough third-party review of the incident and found no compromise of personally identifiable information. CDK says dealers can reassure clients that their data remains secure. CDK reportedly paid a nearly $25 million ransom to end the attack. Dealerships use CDK software to manage everything from scheduling to sales and orders.
Also, Kroger, the parent company of Mariano’s in Chicago, is listed in a new report highlighting retailers who charge high fees for cash-back transactions. Listen for more below:
https://serve.castfire.com/audio/6027745/6027745_2024-08-27-211745.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about unemployment rising, the difficulty some people are going to have finding a job, and his thoughts on a new law in Australia that give employees the right to ignore work calls after hours.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about how a possible Harris-Walz administration will impact various employment areas.
Segment 3: Tiffany Thompson, Chicago College of Osteopathic Medicine, Midwestern University and Alexis Flamburis, College of Pharmacy, Midwestern University, join John Williams to talk about, “The College Tour,” a TV series on Amazon Prime that tells the story of colleges and universities around the world. This season, the series highlights Midwestern University and Alexis and Tiffany talk about their appearance on the show, what led them to start their journey at Midwestern University and their educational experiences at Midwestern University.
https://serve.castfire.com/audio/6023820/6023820_2024-08-27-205820.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the Dow Jones hitting a record high today, Fed Chair Jerome Powell’s recent comments on likely Fed policy decisions, why some economists remain bearish about the market, the likelihood we see a recession, Tim Walz not having a brokerage account and having to take out retirement money to pay for his daughter’s college education, and housing finally on the upswing.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Chicago Inno’s Fire Awards recognizing the top tech startups / organizations of the year), the fastest growing companies in Chicago, and a new Chicago health care VC fund investing $21M in digital health startups.
Segment 3: Rich Gamble, Interim President and CEO, Choose Chicago, tells John about the success of the DNC, how the city can capitalize on the success of the convention, the upcoming International Manufacturing and Technology Show coming to the city in a few weeks, and the announcement that the NAACP convention coming to Chicago next year.
https://serve.castfire.com/audio/6011695/6011695_2024-08-26-194635.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new robotics center at Northwestern University has been awarded $26 million from the National Science Foundation. The funding will help launch a new engineering program to develop dexterous robot hands with the ability to assist humans with manufacturing, caregiving, handling precious or dangerous materials, and more. Carnegie Mellon University, Florida A&M and Texas A&M will partner with Northwestern on the robotics initiative.
Also, Chicago-based Rōti has filed for Chapter 11 bankruptcy protection. Listen for more below:
https://serve.castfire.com/audio/6010947/6010947_2024-08-26-183847.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about how the market is reacting to Jerome Powell’s comments about interest rate cuts today, why we should be patient during market swings, the recent revision to the jobs data, the economy definitively slowing, where he sees mortgage rates down the road, and his belief that we are in a good economic position for business and your portfolios.
Segment 2: Matt Schultz, LendingTree chief credit analyst, talks with John about a new survey that shows half of credit card holders have disputed a claim, with 96% being successful.
Segment 3: Elogeia Hadley, creator of the Facebook group Black Business Connections, talks about why she started this group to give support to Black businesses in the Aurora area.
https://serve.castfire.com/audio/5924286/5924286_2024-08-23-190326.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Greg McBride, Chief Financial Analyst, Bankrate, chats with John about a new Bankrate study that shows ATM fees have reached a 26-year high while overdraft fees inch back up, too.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about former President Trump sharing AI-generated Taylor Swift images, and Ford shifting its EV strategy.
Segment 3: Carl Prouty, “The Technologist” at Abt Electronics in Glenview, talks to John about the pros and cons of washer dryer combos, the growth of AI in consumer electronics, and some of the top items for back-to-school.
https://serve.castfire.com/audio/5917068/5917068_2024-08-22-212708.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Instagram account of McDonald’s was hacked Wednesday as part of a scam involving cryptocurrency. Bloomberg reports it involved the blockchain platform Solana and a coin named after the McDonald’s mascot Grimace. A screenshot showed a post that suggested participants were scammed out of $700,000. The coin scheme solicits buyers and when it reaches a certain level, creators dump their holdings and make off with a profit. The schemes usually target celebrities, influencers and major corporations. McDonald’s called it an isolated incident and apologized.
Also, a Chicago-based healthcare startup has landed new funding to help with its growth. Listen for more below:
https://serve.castfire.com/audio/5917045/5917045_2024-08-22-213445.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s a report that KKR & Co. is in talks to buy The Parking Spot, the Chicago-based owner and operator of parking facilities near airports. Bloomberg reports the talks are in an advanced stage. The proposed deal is valued at about $1.4 billion. It could be announced in the coming weeks but could still fall apart. The Parking Spot has locations near more than 45 airports, including John F. Kennedy International Airport in New York and San Francisco International Airport.
Also, car maker Stellantis has confirmed it’s delaying plans to reopen the assembly plant it operates in Belvidere. Listen for more below:
https://serve.castfire.com/audio/5915238/5915238_2024-08-21-214238.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the importance of long-term care insurance, the stock market being relatively flat after a week of gains, and why you need to know about short term ‘gap’ insurance policies. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/5915234/5915234_2024-08-21-214634.128.mp3More with Terry SavageRecent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
UAW members around Belvidere, near Rockford, may file grievances against automaker Stellantis. The company committed to investing nearly $5 billion last year to retool the Belvidere plant for production of a new midsize truck. It was part of the agreement to end last year’s strike by the UAW. The plan was expected to bring thousands of jobs to Belivdere by 2028, but now it might not happen by then. Stellantis has said it wouldn’t launch the truck production by 2027, as originally scheduled.
General Motors is cutting over a thousand jobs, saying they need to streamline operations.
https://serve.castfire.com/audio/5913998/5913998_2024-08-20-202338.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about how the definition of a bad manager varies, why some people don’t move jobs when they have a bad manager, and why he believes office friendships are extremely important.
Segment 2: Michael Edwards, President and CEO, Chicago Loop Alliance, joins John Williams to talk about a new study that reveals the Chicago Loop tops other U.S. downtowns by most value metrics.
Segment 3: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about the economy expanding at a slower rate, consumers pushing back against higher prices, the unaffordability of housing, how the market has been rallying since the one-day sell off, and what the Fed will likely do with interest rates through the end of the year.
https://serve.castfire.com/audio/5913904/5913904_2024-08-20-195804.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new dining and entertainment concept is in the planning stages near Chicago’s Magnificent Mile with a magic theme. Crain’s reports an entity led by venture capitalist and former Allscripts CEO Glen Tullman has signed a lease at 100 E. Ontario. That’s the space where Lawry’s Prime Rib was located for nearly 40 years before closing in 2020. The lease runs for 10 years. The building is currently undergoing rehab work, so it’s unclear when work might start on the restaurant portion. In the 1990’s, Tullman tried to open restaurants in New York and Orlando centered around illusionist David Copperfield, but the project never came to fruition.
Also, an activist investor has taken a stake in Oak Brook-based Portillo’s. Listen for more below:
https://serve.castfire.com/audio/5912705/5912705_2024-08-19-203105.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Kamala Harris’ economic plan, how inflation is being felt in various cities, and the Federal Reserve Bank of Kansas City hosting dozens of central bankers, policymakers, academics and economists from around the world at its annual economic policy symposium in Jackson Hole, Wyoming.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about the Chicago tech and startup community at the DNC, TechNexus deploying dozens of sensors throughout the Hawaiian islands that use an artificial sense of smell to know when a fire is starting, and a ranking of the top startup cities in the Midwest has Chicago at number 1
Segment 3: Dr. Olivia Castellini, Senior Exhibit Developer, Griffin Museum of Science and Industry, tells John everything you need to know about the new Notes to Neurons exhibition.
https://serve.castfire.com/audio/5912644/5912644_2024-08-19-190644.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about the Biden administration announcing that it had reached an agreement with drugmakers to lower prices on the 10 costliest prescription drugs under Medicare, Vice President Harris’ proposal to provide up to $25,000 in down payment support for first-time homebuyers, inflation finally being under control, what he expects the Fed to do about interest rates in September, and why he believes we aren’t falling into a recession.
Segment 2: Laura Ellis, chief strategy officer, executive vice president and president of residential sales, Baird & Warner, joins John Williams to tell us everything we need to know about the new way realtors will get paid starting tomorrow.
Segment 3: Allen Shulman, CEO, DwellSocial, talks to John about a new app that brings Chicago restaurants to the suburbs.
https://serve.castfire.com/audio/5802860/5802860_2024-08-16-195600.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The CEO of Chicago-based Kellanova will get a big payout after a merger with the Mars candy company. Mars announced plans this week to buy Kellanova, the Kellogg spinoff, for $36 billion. Crain’s reports Kellanova’s CEO Steve Cahillane is in line for a nearly $81 million payout when he exits after the deal closes. He’s been CEO for just a short time — it’s only been a year since Kellanova split from Kellogg. During that period, the company’s net sales climbed 4% and the stock price increased 33%. Kellanova makes Cheez-It crackers, Rice Krispies Treats and Pop-Tarts. Mars makes Snickers and other candy bars.
Also, Rivian Automotive has reportedly paused production of electric commercial vans for Amazon. Listen for more below:
https://serve.castfire.com/audio/5801281/5801281_2024-08-16-194621.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Segment 1: Lisa Nucci, Chief Marketing Officer, Choose Chicago, joins John Williams to tell us everything we should know about how the city is prepping for the DNC in Chicago.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about social media influencers visiting the White House on Wednesday, and a federal judge indicating he will order major changes in Google’s Android app store to punish the company for engineering a system that a jury declared an illegal monopoly that has hurt millions of consumers and app developers.
Segment 3: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, talks to John about the market settling down after a week of volatility, the Fed being successful in cooling off inflation, what he anticipated the Fed doing about rate cuts in September, credit card rates being at an all-time high, and what people should do when the market plummets like it did for a day last week.
https://serve.castfire.com/audio/5769527/5769527_2024-08-15-205327.128.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about today’s inflation data, how inflation is moving in the right direction, what the new data means for interest rate cuts and Fed policy in September, why she hopes the market stays level, and what you should know about finding a trusted financial advisor. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/5731534/5731534_2024-08-14-212334.128.mp3More with Terry SavageRecent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Northwestern Medicine is expanding in the northwest suburbs. The health system has announced plans to build a new outpatient center in Huntley. It’ll be located on Northwestern Medicine’s Huntley Hospital campus. The $96 million project will feature space for cancer and cardiac care. The Illinois Health Facilities board must approve the project before construction can begin. Northwestern hopes to begin building in October with opening set for 2027. A pedestrian walkway will connect the new outpatient center to the hospital.
Also, Chicago-based Molson Coors is selling four of its craft beer breweries to Tilray Brands. Listen for more below:
https://serve.castfire.com/audio/5719596/5719596_2024-08-14-171536.64kmono.mp3Recent PostsWintrust Business LunchStock market is up, gift cards and Rosati’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Chicago small businesses are optimistic about 2025.cls-4{fill:#000;}Healthy market, credit scores, Happy by Chocolate.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Why is consumer confidence down?.cls-7{fill:#fff;fill-rule:evenodd}Zing Health raises $140 million in new funding.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago has a new healthcare venture fund. It’s called Create Health Ventures and Crain’s reports it just closed its inaugural fund that’ll invest in early-stage business-to-business digital health companies developing tools for insurance companies and pharmaceutical firms. The fund has $21 million available to those startups and has already cut checks to five companies. Chicago startups Carallel and Advocatia Solutions are included in the first round of funding. One specializes in caregiver engagement and the other is a Medicaid enrollment tool.
Also, Deerfield-based Baxter International is offloading its kidney-care unit. Listen for more below.
https://serve.castfire.com/audio/5684186/5684186_2024-08-13-210626.64kmono.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to offer suggestions on how to best negotiate a job offer in today’s labor market.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how companies are offering commuting incentives in an effort to come back to the office.
Segment 3: Jared Dillian, Best selling financial author of the new book, “No Worries: How to Live a Stress-Free Financial Life,” tells John about volatility of the market over the last week, what it means long-term, why he believes the Fed may be a little more hawkish, if he believes more Fed rate cuts are warranted, and how we should be managing our portfolios if we are nearing retirement.
Segment 4: Sean Gillen, CFO, AAR, talks to John about what AAR does, who they service, the general safety of the airline industry, how often planes get a technical overhaul, the advancements in technology impacting the industry, the importance of bringing digital solutions to their work, and how business has been the last couple of years.
https://serve.castfire.com/audio/5682685/5682685_2024-08-13-202425.128.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new ranking puts Chicago in the top five best locations for startups. CoworkingMag determined its 2024 list by analyzing 108 U.S. cities across several metrics including support system, available funding, setup costs and availability of talent. The ranking says Chicago has the third biggest number of startup incubators and fourth highest number of accelerators. In 2023, Chicago had the 7th highest number of startups created with 34 launches. The city also has the sixth highest number of venture capital firms, with 11 actively raising and distributing funding between 2019 and 2024. San Francisco took the top spot followed by New York, Los Angles and Seattle.
Also, naming rights have been awarded for the temporary football stadium at Northwestern University. Listen for more below
https://serve.castfire.com/audio/5677864/5677864_2024-08-12-215404.64kmono.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new survey that shows consumers expect inflation will be less of a problem in coming years, how we are absolutely not in a recession, home buyers frustrated with the housing market, and buyer’s agent commissions declining since the NAR settlement announcement.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a robotic quarterback startup that launched out of Northwestern moving back to Chicago, a startup that helps recently laid off employees navigate “off boarding,” a new venture capital group that wants to better connect Midwest startup cities along the Great Lakes, and a new $50M fund led by a local tech leader looking to back more early state startups in Chicago.
Segment 3: Rodney Williams, Director of Entrepreneurship and Economic Development, By The Hand Club For Kids, tells John about the mission of By The Hand Club For Kids, and the ribbon cutting of a permanent home for their youth-led fresh produce market, Austin Harvest.
https://serve.castfire.com/audio/5677791/5677791_2024-08-12-193331.128.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about what caused the big drop in the market on Monday, the market currently clawing back its losses, the difference between investors and traders, why he believes we will see two interest rate cuts this year, and the importance of keeping up to date on your portfolio.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive, and host of the Consumer Guide Car Stuff podcast, joins John to talk about the electric car market, what the consumer will make of the Dodge Daytona EV, Tesla not offering much new, what we should know about Chinese manufacturing, and why hybrid sales are still strong.
https://serve.castfire.com/audio/5676651/5676651_2024-08-09-192151.128.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the wild market week, what was spooking the market, the lack of confidence in the Fed in Washington, how much interest rates should be cut in September, and why he sees buying opportunities in the market.
Segment 2: Michael Jacobson, President and CEO, Illinois Hotel & Lodging Association, joins John to talk about the health of the hotel industry coming out of Lollapalooza and heading into the DNC. Why should regular Chicagoans care about the tourism industry?
Segment 3: Tom Webb, Chief Marketing Officer, Association of Pickleball Professionals, chat with John about National Pickleball Day and the APP coming to Chicago Labor Day weekend.
https://serve.castfire.com/audio/5671362/5671362_2024-08-08-200302.128.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago hotels are thriving. The latest data from the city’s marketing arm, Choose Chicago, shows hotel room demand during the first six months of this year up 4.2% over 2023 with 5.2 million room nights. Hotel revenue was nearly 4% higher than 2023 at nearly $1.2 billion dollars. Choose Chicago says there were 10 different conventions in the city during the first half of the year that set all-time attendance records.
Also, there’s a report that Walgreens is considering selling its stake in VillageMD. Listen for more below:
https://serve.castfire.com/audio/5668723/5668723_2024-08-08-190623.64kmono.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the market volatility this week, and why this is a great opportunity to look at your 401K.
Segment 2: Aki Ito, Chief Correspondent at Business Insider, joins John to talk about her recent piece showing that many college students are reneging on job offers.
Segment 3: Ted Rossman, Bankrate.com Senior industry analyst, joins John to break down the results of Bankrate’s latest credit card survey that shows half of American cardholders now carry credit card debt, many with no plan to pay it off.
https://serve.castfire.com/audio/5621247/5621247_2024-08-07-215147.128.mp3More with Terry SavageRecent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The company that makes electric vehicles in Illinois is still losing money despite cost cutting and increased sales. Rivian Automotive had a net loss of nearly $1.5 billion in the second quarter, nearly 21% higher than the loss at this time last year. Second-quarter revenue rose by about 3% and sales rose 9%. Company execs say the company is on the path to profitability even though it’s currently burning through cash. According to it’s latest earnings report, Rivian is losing about $32,700 per vehicle it delivers. It’s R1 vehicle, manufactured in downstate Normal, sells for about $70,000.
Also, the law firm Barnes & Thornburg is expanding its downtown Chicago footprint. Listen for more below:
https://serve.castfire.com/audio/5615276/5615276_2024-08-07-191816.64kmono.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about Friday’s labor report, how the market reacted yesterday and the slight recovery today, why he believes the economy overall is not a disaster, and what this all means for the 2024-2025 job market.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about when interest rates will come down, home prices continuing to rise, Illinois ranking last at keeping rich people from moving out, and Lake Geneva mansion Aloha Lodge selling for almost $22 million.
https://serve.castfire.com/audio/5568241/5568241_2024-08-06-202741.128.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago startup that helps makes changing jobs easier has secured new funding. When raised $4.6 million in a seed round led by B Capital. When is a post-employment job support platform that assists exiting workers with severance packages and insurance options. The company also helps employers reduce costs and risks associated with COBRA. The platform is powered by artificial intelligence. When claims to be redefining the employee exit process to benefit both employees and employers.
Also, Thoughtworks, a Chicago-based technology consulting firm, is going private. Listen for more below:
https://serve.castfire.com/audio/5563718/5563718_2024-08-06-170018.64kmono.mp3Recent PostsWintrust Business LunchChicago has a new healthcare venture fund.cls-4{fill:#000;}Negotiating job offers, commuter incentives, AAR.cls-7{fill:#fff;fill-rule:evenodd}Chicago ranked in Top 5 among locations for startups.cls-4{fill:#000;}Economic optimism, robotic QB startup, Austin Harvest.cls-7{fill:#fff;fill-rule:evenodd}Market swings, investment strategy, EV future.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the scary day on the market, what is causing the markets to drop significantly today, and why this market dip isn’t the same as 1998 or 2008. Ilyce also explains what this day means for Fed policy.
Segment 2: Angela Hall,, Co-Founder, Family Friend App, joins John Williams to talk about the new app (available in the App store) and their mission to make it easier to foster meaningful connections and friendships with families in your community.
Segment 3: Bill Nevruz, Executive Partner and Divisional President for Shaw’s Crab House, tells John everything Shaw’s has going on for John on National Oyster Day! Bill also talks about the business of oysters, and why oysters are a perfect way to start any meal.
https://serve.castfire.com/audio/5547435/5547435_2024-08-05-192135.128.mp3Recent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based snack maker Kellanova could be gobbled up soon by the Mars candy company. Mars is considering an acquisition of Kellanova, the spinoff of Kellogg. It became its own company las year after a separation from Kellogg’s cereal operations. Kellanova brands include Pringles, Cheez-It and Pop-Tarts. The company’s shares shot up nearly 20% after the news broke. Analysts say the acquisition could help Mars diversify its portfolio, which is heavily focused on chocolate products. It could also help Mars grow in international markets. The Wall Street Journal says a deal could value Kellanova at $30 billion. Mars is headquartered in McLean, Virginia.
Also, Chicago foundations had a good year last year. Listen for more below:
https://serve.castfire.com/audio/5546821/5546821_2024-08-05-174321.64kmono.mp3Recent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jane Oates, Senior Policy Advisor and recent President, WorkingNation, talks to John Williams break down the disappointing jobs report, and what this will mean with Fed policy and interest rate cuts, high prices continuing to hurt Americans, and the way AI is impacting the job market.
Segment 2: Ed Kugler, Market Manager, Ravinia Farmers Market, talks to John about his longtime involvement in local farmers markets, and the 2nd annual Taste of Ravinia Farmers Market celebrating National Farmers Market week!
Segment 3: Cheryl Hudson-Jackson, Director of Breedlove Entrepreneurship Center at YWCA Metropolitan Chicago, YWCA Chicago, joins John Williams to talk about the mission of the accelerator program, who is eligible for the program, and how the accelerator program helps women of color build wealth. Interested in applying for the program? Click here.
https://serve.castfire.com/audio/5483768/5483768_2024-08-02-193808.128.mp3Recent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new report says two high-income earners leave Illinois for every one that moves into the state. According to the data, compiled by the Cato Institute, Illinois is the worst at keeping affluent people. The Cato report, titled “Interstate Migration of High Earners and Retirees,” uses Internal Revenue Service data. Florida was on top. For every higher earner who leaves the Sunshine State, nearly three move in. The report shows Illinois is also near the bottom of the states for retention of people 65 and over. A separate analysis shows the lost income from all Illinois out-migration at about $10 billion in recent years.
Also, the U.S. Environmental Protection Agency has issued an emergency order that lifts summer fuel requirements in Illinois and three other Midwest states. Listen for more below:
https://serve.castfire.com/audio/5481937/5481937_2024-08-02-174437.64kmono.mp3Recent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Greg McBride, Chief Financial Analyst, Bankrate, chats with John about yesterday’s Fed meeting and comments made by Chairman Powell that suggested an interest rate cut in September. Greg explains why we’ll likely see two interest rate cuts by the end of the year and what he thinks will happen in 2025.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Hollywood’s video game performers heading to the Warner Bros. Studios to picket, a not-for-profit blood center serving much of the southeastern U.S. facing a ransomware attack, and Meta agreeing to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission.
Segment 3: Adam Parritz, director of Strategic Office Operator Services at Glenstar, joins John to talk about their Chicago-area portfolio, the current trends in the commercial real estate industry, how work from home has impacted the market, and the amenities that are capturing tenants.
Segment 4: Narcis Kadic, director of food & beverage at InterContinental Chicago Magnificent Mile, talks to John about what they have planned for the upcoming DNC.
https://serve.castfire.com/audio/5464604/5464604_2024-08-01-193204.128.mp3Recent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the market rally today, how much an interest rate cut in September will impact the market, and how the Fed has typically dealt with interest rates in an election year. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/5453622/5453622_2024-07-31-210922.128.mp3More with Terry SavageRecent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Deere & Co. has announced new layoffs, this time impacting the company’s headquarters staff. 300 job cuts are happening at the Moline-based farm equipment maker. Deere had earlier announced layoffs among workers at a factory in East Moline and other manufacturing sites in Moline. It has cut about 15% of its workforce since last November as it responds to a slowdown in demand for tractors and other farm equipment. Deere has also lowered its profit forecast for the year.
Also, United Airlines is the first airline to tap in to State of Illinois tax credits for purchases of sustainable aviation fuel for use at O’Hare Airport. Listen for more below:
https://serve.castfire.com/audio/5453289/5453289_2024-07-31-205729.64kmono.mp3Recent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about how much AI should be used when you are building your resume or cover letter.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about what businesses can learn from the White House when dealing with their own succession planning
Segment 3: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, tells John about the Fed policy meeting taking place over the next two days, when he expects the Fed to make a move on interest rates, why he believes we are likely to see two interest rate cuts before the end of the year, and his overall advice on what people should be doing with their portfolios.
Segment 4: Matt Adams, principal at Deloitte Consulting specializing in retail, give John all the details on Deloitte’s 2024 Back-to-School survey.
https://serve.castfire.com/audio/5432261/5432261_2024-07-30-194801.128.mp3Recent PostsWintrust Business LunchMarket drop, Family Friend App, Shaw’s Crab House.cls-7{fill:#fff;fill-rule:evenodd}Mars considers acquisition of Kellogg spinoff.cls-4{fill:#000;}Hiring slows, Ravinia Farmers Market, YWCA accelerator.cls-7{fill:#fff;fill-rule:evenodd}Report: Illinois worst at keeping affluent people.cls-4{fill:#000;}Inflation easing, Meta settlement, hotel DNC prep.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about 3D-printed homes, how the stock market has baked in an interest rate decrease in September, the need for interest rates to come down, and what we should know about the real estate market today.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a new Quantum computing campus coming to Chicago’s vacant U.S. Steel South Works site, pre-seed and seed deals for local early-stage startups are starting to close faster heading into the second half of 2024, and a Chicago fintech startup raising $18M.
Segment 3: Scott Nilson, supertri General Manager North America, tells John everything we should know about the upcoming Chicago Triathlon.
https://serve.castfire.com/audio/5415747/5415747_2024-07-29-193847.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Suburban-based Abbott Laboratories has been ordered to pay nearly $500 million in a case involving its baby formula. The jury award came in a lawsuit that alleged Abbott’s premature infant formula causes a potentially fatal bowel disease. A jury made the award in a St. Louis case. It’s one of more than 1,000 similar cases against Abbott and other formula makers. Responding after the verdict, Abbott says it strongly disagrees and “will pursue all avenues to get the erroneous decision overturned.”
Also, Chicago-based McDonald’s missed expected revenue and earnings in the second quarter and sales declined for the first time since 2020. Listen for more below:
https://serve.castfire.com/audio/5415029/5415029_2024-07-29-170329.64kmono.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John to talk about the volatility of the markets this week, what is causing the market jumping today, the market starting to broaden, his outlook on Fed policy and rate cuts, how higher rates have been impacting the economy, and why he’s still concerned about rising debt.
Segment 2: Heather Larson, president and CEO of Meet Chicago Northwest (MCNW), the meetings and conventions bureau that represents eight communities that sit on the edge of Chicago and O’Hare International Airport, joins John Williams to talk about the rise of ‘Bleisure Travel.’
Segment 3: Kyle Schulz, Chief Growth Officer, World Business Chicago, joins John to talk about the announcement earlier this week about the new quantum computing campus that will be built at the former U.S. Steel South Works site. Kyle explains how this campus will allow the city of Chicago to be at the forefront of quantum and the economic benefits that will come with it.
https://serve.castfire.com/audio/5406295/5406295_2024-07-26-195335.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The new $5 meal deal at McDonald’s is paying dividends. The discounted meal has led to a modest increase in visits to U.S. stores just as the burger chain had hoped. According to new data, traffic at McDonald’s stores began picking up in late May and continued growing through June. Customers who make less than $40,000 a year made the most visits between May and June. McDonald’s had said previously that slowing demand among that demographic was hurting its bottom line. McDonald’s had planned for the $5 meal deal to be a limited promotion but franchise owners voted to extend it.
Also, the U.S. Labor Department is reviewing a sick leave policy change at Chicago-based United Airlines. Listen for more below:
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Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about how many interest rate cuts he thinks we’ll see this year, a second-quarter GDP report that showed the economy growing, why he believes the Fed has done a good job curbing inflation, what he makes of today’s market rally, how he anticipates the markets moving through the election, and if he believes we have over-estimated AI.
https://serve.castfire.com/audio/5400741/5400741_2024-07-25-204341.128.mp3Call Craig now to see how your spending, savings, investing, impacts your chances of always having the money you need for the life you want. 833-WMG PLAN.
Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Nondas Plesiotis, Owner/Operator, McDonald’s in Wauconda, joins John Williams to talk about his history in the food industry, why he chose to work with McDonald’s, the way his community grew around McDonald’s, his experience running the business, and why the most important aspect of McDonald’s is the people.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Delta Air Lines saying its operations are finally getting back to normal after last week’s Crowdstrike outage, the Senate considering legislation this week that aims to protect children from dangerous online content, and Tesla’s second-quarter net income falling 45%.
Segment 3: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about how many interest rate cuts we’ll see this year, a second-quarter GDP report that showed the economy growing, why he believes the Fed has done a good job curbing inflation, what he makes of today’s market rally, how he anticipates the markets moving through the election, and if he believes we have over-estimated AI.
https://serve.castfire.com/audio/5400706/5400706_2024-07-25-190906.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Discover Financial Services and Capital One face a proposed class-action lawsuit over their merger. The lawsuit claims the $35 billion dollar deal will hurt competition and raise prices for consumers. The complaint also claims the merger will mean fewer and less valuable credit card benefits and higher fees. The lawsuit also claims the merger violates antitrust law. Riverwoods-based Discover and Capital One announced their merger back in February. It’s also being scrutinized by the federal government. Capital One says the suit has no merit.
Also, catholic health system Ascension is selling most of its Illinois hospitals to a California company. Listen for more below:
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Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Scientists at the University of Illinois-Chicago are working on a new antibiotic that’ll make bacterial resistance nearly impossible. The new antibiotic attacks bacteria is two ways, which makes it 100 million times more difficult for bacteria to develop resistance. That resistance can make it difficult and sometimes impossible to treat infections. Bacterial resistance can sometimes be fatal and it’s considered to be a global health threat. The UIC scientists have been studying a class of synthetic antibiotics called macrolones that interfere with protein production within cells of bacteria and corrupt the structure of its DNA. Because bacteria would have to to fight off both attacks simultaneously, drug resistance would be nearly impossible. UIC researchers worked with Chinese scientists on the antibiotic but more study is needed before it becomes available for human treatment.
Also, Northfield-based Medline Industries may be moving toward an initial public offering. Listen for more below:
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Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about her recent column about applying for scholarships, why the markets are down today, how the lead up to the presidential election impacts the stock market, and if she was surprised that the markets didn’t move much after the RNC and when President Biden dropped out of the race. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/5394094/5394094_2024-07-24-201734.128.mp3More with Terry SavageRecent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins John to talk about job interview tips and what you should or should not share during an interview. Tom tells John what we should know about political messaging at work.
Segment 2: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Harvey offers some suggestions on easy ways to lower your tech bills including visiting a store in-person.
https://serve.castfire.com/audio/5372202/5372202_2024-07-23-202602.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the cost of last week’s global outage, and new homes being cheaper per square foot than existing homes.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a new report finding that Chicago venture capital firms are increasingly investing in startups based outside of Chicago, a national coalition asking senators to pass a pair of bills in support of founders and investors of color, and the state of Illinois partnering with DARPA on a new quantum program.
https://serve.castfire.com/audio/5362430/5362430_2024-07-22-202730.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new report says there are significant challenges accessing capital in Chicago’s tech ecosystem. A local nonprofit, P33, says early-stage startups are having trouble pulling in local capital, even though Chicago has the third-largest gross domestic product in the country. The analysis says Chicago’s exporting too much of its venture capital to other places. Only about 15% of early-stage capital involving a Chicago investor was invested locally from 2014 to 2023. In contrast, about 44% was invested by San Francisco investors into their own region. The report recommends creation of funds focused on keeping capital in Chicago to support local innovation. P33 was established in 2019 to foster the tech ecosystem in Chicago. One of its cofounders is Penny Pritzker.
Also, A Chicago-based medical equipment company will acquire an artificial intelligence software business to enhance its innovation around AI. Listen for more below:
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Steve Grzanich has the business news of the day with the Wintrust Business Minute.
United Airlines isn’t the only Chicago area company impacted by the CrowdStrike outage. McDonald’s and and Metra also reported problems. Three Metra-Union Pacific routes had delays that the transit agency blamed on on the CrowdStrike outage. An update of the cybersecurity program took down systems being run on Microsoft computers and devices. It’s unclear how McDonald’s was impacted but it reportedly involved customer service.
Also, the North Michigan Avenue retail corridor is losing another business. Listen for more below:
https://serve.castfire.com/audio/5359943/5359943_2024-07-19-201243.64kmono.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about a recent opinion piece in the Washington Post comparing the economies of former president Trump and President Joe Biden.
Segment 2: Alison Rigsby, past president of The Lake Zurich Lions Club, joins John to talk about the 2024 (and 79th version!) Lions Club Alpine Fest in Lake Zurich!
Segment 3: David Grossman, CEO, Epic Burger, talks to John about how business has been going, how they are celebrating their 16th year in Chicago, the two new locations coming to Bloomington and Champaign, their plans for growth in 2025, and what separates their burgers from others. David also tells John about the Hallie225 Foundation, a non-profit charity dedicated to raising funds for rare cancer research and causes that were deeply important to David’s daughter Hallie Grossman, who fought bravely against a rare form of cancer for 10 months before passing away at age 25.
https://serve.castfire.com/audio/5359871/5359871_2024-07-19-195811.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the consumers willingness to spend, how we are starting to see a broadening of the market, good retail sales data, the signal that interest rates are coming down, and what would interest rate cuts mean for the market and economy heading into 2025.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Elon Musk moving X and SpaceX from California to Texas, Cybersecurity firm Kaspersky saying it’s shutting down all of its operations in the United States, and Major League Baseball possibly testing robot umpires as part of a challenge system in spring training next year.
Segment 3: Jeff Nydegger, Co-Founder & Innovator, JeffBuysYourHouse, tells John about how the business works, who typically uses the service, what they do with the contents of the house after it’s sold, where he comes up with the cash to buy homes, the average purchase price of the homes they buy, how it differs from the traditional broker route, and why he considers this to be a ‘relationship business.’
Segment 4: Dale Buss, Contributing Editor of Chief Executive Magazine and Founder/Executive Director of The Flyover Coalition, joins John to talk about inflation and how high food prices have impacted American consumers.
https://serve.castfire.com/audio/5352736/5352736_2024-07-18-191836.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Gas prices could spike in the Chicago area after a power outage impacted the ExxonMobil refinery near Joliet. Damaged transmission towers have been fixed but it’s unclear whether power’s been fully restored to the facility. It lost service for several days. Gasoline futures for the Chicago area shot up nearly 15 cents and GasBuddy.com says prices at the pump could jump 20 to 40 cents in the Great Lakes region as a result. There are three refineries in the Chicago area and when one of them goes down, analysts say there is little to no cushion of extra supply in the area.
Also, United Airlines says its third-quarter profit will fall short of Wall Street expectations. Listen for more below:
https://serve.castfire.com/audio/5350531/5350531_2024-07-18-173231.64kmono.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Farm machinery maker Deere & Co. is planning more layoffs. The Moline-based company has notified salaried employees there’ll be additional global salaried workforce reductions beginning July 24th. The company says the decision is due to declining customer demand, rising costs, and prevailing economic uncertainties. Deere recently announced hundreds of layoffs of production workers in Dubuque, Davenport and East Moline. Meanwhile, the company has announced it will no longer participate in “cultural awareness parades” after being criticized by a right leaning commentator for funding a Pride event.
Also, Deere and Accenture have told employees to work from home when the Democratic National Convention comes to Chicago next month. Listen for more below:
https://serve.castfire.com/audio/5321406/5321406_2024-07-17-213906.64kmono.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about how she is able to avoid financial scams, the Dow and S&P both performing extremely well this year, the inflation environment having a better outlook, and how many Fed rate cuts we will see this year, how AI is impacting the economy, and the importance of diversifying your portfolio. Terry also answers all of your financial questions. And joining John and Terry once again is money manager Dr. Bob Froehlich, who explains why he remains guardedly optimistic on the stock market this year.
https://serve.castfire.com/audio/5320784/5320784_2024-07-17-210024.128.mp3More with Terry SavageRecent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Northwestern Memorial Hospital and Rush University Medical Center are among the top hospitals in the country. That’s according to U.S. News & World Report’s 2023-2024 Best Hospitals list. University of Chicago Medical Center is also high up in the rankings. Northwestern and Rush are listed on the honor roll of hospitals, recognized for exceptional performance across specialties, procedures and conditions. Northwestern ranked high for 20 procedures and conditions. Rush ranked high in 18. UChicago Medical Center ranked high in 16. U.S. News annually ranks hospitals in 15 specialties and 20 procedures and conditions.
Also, a new report says the cyberattack on CDK Global cost car dealerships an estimated $1 billion in lost sales. Listen for more below:
https://serve.castfire.com/audio/5308298/5308298_2024-07-16-213238.64kmono.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Jennifer Bias, owner, Camp Aramoni, joins John to talk about the camp being a destination for boutique camping, how she came about to running a campground, how she ‘stumbled’ into finding the land, what the facility is like when you come for a stay, the restaurant on site for the campers, what other amenities they offer, how close they are to beautiful state parks, the great towns nearby where you can take a day trip, and their upcoming “Dinner in the Field” event on Saturday July 27.
https://serve.castfire.com/audio/5306241/5306241_2024-07-16-201941.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about what employees need to know if they are posting on social media and how business leaders need to be transparent about company policy.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how business leaders can take lessons from athletes competing in the Paris Olympics.
Segment 3: Jennifer Bias, Owner, Camp Aramoni, joins John to talk about the camp being a destination for boutique camping, how she came about to running a campground, how she ‘stumbled’ into finding the land, what the facility is like when you come for a stay, the restaurant on site for the campers, what other amenities they offer, how close they are to beautiful state parks, the great towns nearby where you can take a day trip, and their upcoming “Dinner in the Field” event on Saturday July 27.
https://serve.castfire.com/audio/5306235/5306235_2024-07-16-195835.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John about inflation continuing to come down, what that means for Fed policy and interest rates, how many rate cuts he expects to see this year, why he says inflation is personal, the concern over mounting credit card debt, and how people should navigate their investments right now.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a Chicago biotech startup hauling in $45M in new funding, a Chicago cancer-fighting startup helping the Mayo Clinic and others top institutions to help surgeons better see and fight tumors, and why tech funding in Chicago is continuing a downward trend.
Segment 3: Dawn Melchiorre, Executive Director of Cradles to Crayons Chicago, joins John to talk about the mission of Cradles to Crayons to break down hidden barriers to education and empower children to feel safe, valued, and ready to learn. Dawn explains how Cradles to Crayons provides school supplies to children to give them the best opportunity to succeed in the classroom.
https://serve.castfire.com/audio/5304842/5304842_2024-07-15-191942.128.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago-based cannabis operator raised nearly $95 million in April. And according to a group that tracks fundraising by startups, it’s the largest money round for a Chicago startup in the second quarter of this year. PharmaCann made the haul according to Pitchbook. Biotech company Advanced Medicine Partners landed the second-highest funding round of the quarter in Chicago with $60 million. Chicago Inno says other companies raising big funds were Clearcover at $55 million and Hopscotch Primary Care at $45 million.
Also, Crain’s reports a mostly vacant office building on the Magnificent Mile could become residential soon.
https://serve.castfire.com/audio/5304795/5304795_2024-07-15-195735.64kmono.mp3Recent PostsWintrust Business Lunch3D-printed homes, interest rates, Chicago Triathlon.cls-7{fill:#fff;fill-rule:evenodd}Abbott to pay $500 million in baby formula case.cls-4{fill:#000;}Volatile market, ‘Bleisure Travel,’ PsiQuantum.cls-7{fill:#fff;fill-rule:evenodd}McDonald’s sees increase in visits because of $5 meal.cls-4{fill:#000;}Craig Bolanos: Economy growing at decent pace.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the inflation data released yesterday, how the market has been reacting to inflation data, what last week’s job report might mean for the economy, what all this data means for Fed policy on interest rates, and how many rate cuts he expects the Fed to make this year.
Segment 2: Robert Sevim, President, Chicago Region, Savills, joins John to talk about the state of the commercial real estate industry in Chicago.
Segment 3: Dr. Beth Conerty, iFAB regional innovation officer and associate director of business development at the Integrated Bioprocessing Research Laboratory, part of the College of Agricultural, Consumer and Environmental Sciences at U. of I., joins John Williams to talk about the Illinois Fermentation and Agriculture Biomanufacturing (iFAB) Tech Hub being awarded approximately $51 million from the Tech Hubs Program through the Department of Commerce’s Economic Development Administration. Dr. Conerty explains what the tech hub does, and what they will do with the money.
https://serve.castfire.com/audio/5302630/5302630_2024-07-12-191930.128.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Revival Food Hall in Chicago’s Loop will be revived under a new name and with new ownership. The owners of the food court on Clark Street said it would close by the end of the month because they failed to get favorable lease terms. Now, an Atlanta-based hospitality firm has announced acquisition of Revival and says it plans to keep everything the same except for the name. A new name for the food court is expected to announced later.
Also, A major financial boost for Stellantis will help expand its Belvidere plant and create more jobs. Listen for more below:
https://serve.castfire.com/audio/5302457/5302457_2024-07-12-161657.64kmono.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s downtown office vacancy rate hit a record high of nearly 26% in the first half of 2024. It jumped from 25% in the first quarter of the year. Real estate services firm CBRE says the downtown vacancy rate has hit new record highs in 13 of the past 15 quarters as remote work continues to be the trend. Crain’s reports companies have collectively cut back on nearly 2 million square feet of office space over the past year. The office vacancy rate has also negatively impacted the retail environment of downtown Chicago.
Also, Chicago-based medical tech startup SimBioSys is planning more expansion after receiving clearance from the Food and Drug Administration for its platform. Listen for more below:
https://serve.castfire.com/audio/5302440/5302440_2024-07-12-164940.64kmono.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Emily Stewart, Senior Correspondent, Business Insider, tells John about ‘quiet vacationing‘ and what it tells us about the American workplace.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about the Biden administration awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing, and Samsung using AI for its wearable devices
Segment 3: Elliot Richardson, Co-founder and President, Small Business Advocacy Council, joins John to talk about a new law in Illinois that significantly increases the tax credits available to businesses that hire formerly incarcerated individuals.
Segment 4: Robert Garvey, founder of Robert’s Pizza & Dough Co., joins John to talk about their pizza being recognized as one of the top pizzas in the world! Robert talks about what makes their place special, what makes their food stand out, when he decided to get into the pizza business, and the various types of pizza (and other food!) they offer.
https://serve.castfire.com/audio/5301475/5301475_2024-07-11-190715.128.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the importance of remaining calm when the market fluctuates. Additionally, she answers a number of questions from WGN Radio listeners.
https://serve.castfire.com/audio/5284644/5284644_2024-07-10-224844.64kmono.mp3More with Terry SavageRecent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Kroger and Albertson’s have released a list of stores that the companies plan to sell, if a merger between the grocery giants wins approval from regulators. The merger was announced in 2022 but the Federal Trade Commission sued to stop it earlier this year. Kroger is the parent company of Mariano’s Fresh Markets and Albertson’s is the parent company of Jewel-Osco. The list includes 35 stores in the Chicago area, mostly Mariano’s locations, that’ll be sold to C&S Wholesale Grocers, which owns Piggly Wiggly. Workers at the impacted stores will become employees of C&S. The Kroger-Albertson’s merger may not happen. Regulators may block the deal because of antitrust issues.
Also, Portillo’s is adding another location in Michigan. Listen for more below:
https://serve.castfire.com/audio/5282527/5282527_2024-07-10-192127.64kmono.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about why some people are finding it tougher to find a job right now, and how he feels AI is impacting the job market.
Segment 2: Sarah Foster, Analyst, Bankrate, talks to John about a new survey that shows the average American feels they need to earn over $186K a year just to live comfortably.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about Jonathan Toews selling his condo on Orleans Street in Lincoln Park, Chicago giving first-time homebuyers the most buying power, and why upper-price home sales are still healthy despite higher interest rates.
https://serve.castfire.com/audio/5281189/5281189_2024-07-09-204229.128.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about why he wants to see a Fed rate cut in both September and December, the economy being okay but continuing to slow, investing during a Fed pause being good for the investor, when he starts to worry about rising unemployment, what the election in France means for the world, and where he suggests putting your money right now.
https://serve.castfire.com/audio/5280135/5280135_2024-07-08-200735.128.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about why he wants to see a Fed rate cut in both September and December, the economy being okay but continuing to slow, investing during a Fed pause being good for the investor, when he starts to worry about rising unemployment, what the election in France means for the world, and where he suggests putting your money right now.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a Chicago startup that helps cannabis companies get better data about inventory and pricing, a local tech project landing millions of funding from the Biden administration to increase tech, and why 60% of business leaders are anticipating layoffs the second half of the year.
Segment 3: Pat Ford, Executive Director of the Steans Family Foundation, talks to John about what the Steans Family Foundation does, their partnership with the North Lawndale community, how they work to transform the neighborhood, and the opening of the Fillmore Center, a new project that will bring economic growth to the area.
https://serve.castfire.com/audio/5280103/5280103_2024-07-08-205403.128.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Illinois’ financial situation is better than expected after the end of the fiscal year 2024. The state has a financial cushion of about $123 million in excess revenue. The state comptroller reported $4.7 billion in cash on hand, with a chunk of that already allocated for 2025. The new fiscal year began on July 1. Illinois’ rainy-day fund included about $2.1 billion. The governor’s office says the year-end balance represents a pattern of fiscally responsible policies, including nine credit upgrades for Illinois.
Also, Riverwoods-based Discover Financial Services has settled a class-action lawsuit filed by merchants who claimed they were impacted by credit card misclassifications. Listen for more below:
https://serve.castfire.com/audio/5280102/5280102_2024-07-08-195502.64kmono.mp3Recent PostsWintrust Business LunchMarket records, Fed policy, office vacancies.cls-7{fill:#fff;fill-rule:evenodd}Revival Food Hall to be revived under new ownership.cls-4{fill:#000;}Chicago’s downtown office vacancy hits record high.cls-4{fill:#000;}Quiet vacationing, EV grants, Robert’s Pizza & Dough.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Do not try to time the market.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment One: Chief Financial Analyst at Bankrate Greg McBride joins John Williams to chat about the latest news in the June Job Reports and unemployment numbers
Segment Two: Tom Appel, Publisher, Consumer Guide Automotive and host of the Consumer Guide Car Stuff podcast, joins John Williams. Tom talks about the hypocrisy of the EV market and how EVs will affect buyers.
https://serve.castfire.com/audio/5274610/5274610_2024-07-05-194910.64kmono.mp3Recent PostsWintrust Business LunchUnemployment and the EV Market.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Keep buying the S&P 500.cls-7{fill:#fff;fill-rule:evenodd}Illinois’ average gas price per gallon just above $3.80.cls-4{fill:#000;}Six Flags and Cedar Fair finalizing $8 billion merger.cls-4{fill:#000;}Remote work trends, job etiquette, Café Brauer.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about why she tells young investors to buy the S&P 500 and to answer all of your financial questions.
https://serve.castfire.com/audio/5273362/5273362_2024-07-03-215202.128.mp3More with Terry SavageRecent PostsWintrust Business LunchUnemployment and the EV Market.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Keep buying the S&P 500.cls-7{fill:#fff;fill-rule:evenodd}Illinois’ average gas price per gallon just above $3.80.cls-4{fill:#000;}Six Flags and Cedar Fair finalizing $8 billion merger.cls-4{fill:#000;}Remote work trends, job etiquette, Café Brauer.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
Today is the busiest travel day for the Fourth Of July Holiday. Chicago’s airports expect well over a million and a half people between now and next Monday. If you’re driving, AAA says the average price around Illinois is just over $3.80 a gallon. The national average on July 4th is expected to be just under $3.50, the lowest price in three years.
Also, as more people travel this summer, they’re going in debt to do it. Listen for more below:
https://serve.castfire.com/audio/5273158/5273158_2024-07-03-171258.64kmono.mp3Recent PostsWintrust Business LunchUnemployment and the EV Market.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Keep buying the S&P 500.cls-7{fill:#fff;fill-rule:evenodd}Illinois’ average gas price per gallon just above $3.80.cls-4{fill:#000;}Six Flags and Cedar Fair finalizing $8 billion merger.cls-4{fill:#000;}Remote work trends, job etiquette, Café Brauer.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
A merger between two amusement parks you may have enjoyed while growing up is being finalized. The deal between Cedar Fair and Six Flags is estimated at $8 billion. Cedar Fair is the Parent of Cedar Point in Sandusky, Ohio. Six Flags in Gurnee has been running since 1976. The new company will be headquartered in Sandusky.
Also, a July 4th cookout will run more this year. Listen for more below:
https://serve.castfire.com/audio/5272432/5272432_2024-07-02-214732.64kmono.mp3Recent PostsWintrust Business LunchUnemployment and the EV Market.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Keep buying the S&P 500.cls-7{fill:#fff;fill-rule:evenodd}Illinois’ average gas price per gallon just above $3.80.cls-4{fill:#000;}Six Flags and Cedar Fair finalizing $8 billion merger.cls-4{fill:#000;}Remote work trends, job etiquette, Café Brauer.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about Patagonia telling remote employees to relocate or lose their jobs. Is this just another sign that companies want workers to come back into the office?
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about top leaders being stumped by Gen Z employees often seem confused about the limits around their individual freedom and right to say (and even do) what they want, at work.
Segment 3: Laura Dribin, Founder of Peritius Consulting, tells John about the problems we are seeing in the workplace go back to employees working from home. Why has there been a rise in bad behavior? Is it a lack of training? Or has remote work led to a lack of discipline?
Segment 4: Brendan Daley, VP of Operations, Lincoln Park Zoo, tells John about historic Café Brauer (and The Patio restaurant), and the beautiful nature reserve/boardwalk area at Lincoln Park Zoo and the specials they are offering this 4th of July weekend.
https://serve.castfire.com/audio/5272347/5272347_2024-07-02-191847.128.mp3Recent PostsWintrust Business LunchUnemployment and the EV Market.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Keep buying the S&P 500.cls-7{fill:#fff;fill-rule:evenodd}Illinois’ average gas price per gallon just above $3.80.cls-4{fill:#000;}Six Flags and Cedar Fair finalizing $8 billion merger.cls-4{fill:#000;}Remote work trends, job etiquette, Café Brauer.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about how well the market has performed this year, investors’ reaction to President Biden’s poor debate performance and the aftermath, his outlook for the market in the second half of the year, and what investors should be looking at for the remainder of the year.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about a darling of Chicago’s startup scene getting sentenced to 7.5 years in prison for fraud, a robotics startup in Chicago that lets manufacturers rent robots, and a sustainable aviation fuel startup raising $34M.
Segment 3: Margery Harris, EVP, Chief Human Resources and Administrative Officer, Tellurian Inc., tells John about The Sierra Institute and how this group of leading human resource officers identify how the CHRO role has changed over the years and what can be done to improve the HR function. Margery talks about the changing workforce, the shift to remote work since the pandemic, the rise of AI at work and what HR leaders need to know.
https://serve.castfire.com/audio/5271164/5271164_2024-07-01-191804.128.mp3Recent PostsWintrust Business LunchUnemployment and the EV Market.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Keep buying the S&P 500.cls-7{fill:#fff;fill-rule:evenodd}Illinois’ average gas price per gallon just above $3.80.cls-4{fill:#000;}Six Flags and Cedar Fair finalizing $8 billion merger.cls-4{fill:#000;}Remote work trends, job etiquette, Café Brauer.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
Chicago’s minimum wage is now $16.20 an hour. A new law puts the minimum wage on equal footing with small and large businesses. Until now, it was a tiered system. The tipped minimum wage rises to just over $11 an hour. It’ll continue to rise for five years.
If you’re driving this Fourth of July Weekend and watching gas prices, they’re going up in Illinois due to a tax hike. Listen for more below:
https://serve.castfire.com/audio/5270968/5270968_2024-07-01-165008.64kmono.mp3Recent PostsWintrust Business LunchUnemployment and the EV Market.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Keep buying the S&P 500.cls-7{fill:#fff;fill-rule:evenodd}Illinois’ average gas price per gallon just above $3.80.cls-4{fill:#000;}Six Flags and Cedar Fair finalizing $8 billion merger.cls-4{fill:#000;}Remote work trends, job etiquette, Café Brauer.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” on WGN Radio, joins John talk about the inflation data released today, the market reaction to the data, why ‘the trend is your friend,’ if he sees buying opportunities, what economic data has him concerned, the relatively healthy economy, and how many Fed rate reductions he expects to see this year.
Segment 2: Kara Demirjian, Senior Vice President, TCCI Manufacturing, joins John to talk about how they manufacture and design air conditioning compressors for electric vehicles, how the compressors are used, their state-of-the-art EV innovation hub currently being built, why the EV innovation hub is so critical, and her thoughts on the future of EV’s in the marketplace.
Segment 3: Anuj A. Shah, Managing Director, Stax, tells John about what their business does, the way their business thinks about sustainability, and how they embed sustainability into their clients strategy.
https://serve.castfire.com/audio/5249229/5249229_2024-06-28-195329.128.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
DeVry University has announced a partnership with Chicago’s innovation hub 1871 aimed at fostering and advancing artificial intelligence advancements and entrepreneurship. As part of the partnership, DeVry participated in 1871’s annual AI Innovation Summit this week during Chicago AI Week. The event centered around AI innovation and critical industry topics. DeVry University uses AI learning technologies to improve student and classroom experiences. In 2020, the school introduced its first AI and machine learning course. It also runs an AI lab.
Also, North Chicago-based Abbvie has acquired biotech company Celsius Therapeutics in a deal that’s reportedly worth $250 million. Listen for more below:
https://serve.castfire.com/audio/5249227/5249227_2024-06-28-190227.64kmono.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Jacobson, President and CEO, Illinois Hotel & Lodging Association, to talk about the health of the Chicago area hotel industry. With NASCAR, Lollapalooza and the Democratic Convention (plus conventions!) coming to town, can we expect hotel occupancy be near capacity for the summer?
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Amazon joining the exclusive $2 trillion club Wednesday, what to expect from Amazon Prime Day, and the Supreme Court ruling that the Biden administration can continue to contact social media companies and urge them to take down posts that they view as disinformation.
Segment 3: Dr. Nathaniel Keohane, President, Center for Climate and Energy Solutions, joins John to talk about the hidden costs of extreme heat and how climate is impacting the economy.
https://serve.castfire.com/audio/5248354/5248354_2024-06-27-193154.128.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Walgreens stock dropped sharply after the Deerfield-based company cut its 2024 profit forecast. The pharmacy chain blames a worsening retail environment and says it’ll close a significant number of its underperforming U.S. stores. Walgreens didn’t say how many of the 8,700 stores would be affected. Management will also make more organizational changes but stopped short of discussing further job cuts. The store closures will be part of what the company describes as a multi-year footprint optimization program. Over the past year, Walgreens shares have dropped more than 45%.
Also, a Chicago-based robotics company has raised more than $27 million in a Series A funding round. Listen for more from below:
https://serve.castfire.com/audio/5248221/5248221_2024-06-27-172921.64kmono.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, joins John from the CBOE trading pit to talk about why open outcry trading is still so essential.
Segment 2: Liv Peterson, Events Producer with Overflow After Dark (OAD) Productions at Overflow Coffee in the South Loop, tells John about the incredible legacy of the space that houses the coffee shop and event space, the historical significance of the building, what makes their spot unique, the types of events they hold, and their upcoming event taking place this Saturday.
Segment 3: Attorney Rae Kaplan of Kaplan Law Firm joins John Williams to talk about federal judges halting key parts of President Joe Biden’s new student loan repayment program.
Segment 4: Laura Ellis, chief strategy officer, executive vice president and president of residential sales, Baird & Warner, joins John Williams to separate fact from fiction about new home buying rules.
https://serve.castfire.com/audio/5247591/5247591_2024-06-26-215131.128.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about some employers mandating vacation time, if you should apply for a job if you don’t have all the requirements listed on the job posting, and how a job search often comes down to timing.
Segment 2: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about market performance this week, why tech and AI is winning big, how AI has been impacting the economy, the difference between stocks like Nvidia and the dot com boom, if we’ll see a broader market, the Fed being very calculated about interest rates, and why he tells clients to be disciplined in their investing.
https://serve.castfire.com/audio/5246472/5246472_2024-06-25-195612.128.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how Generation Z has been disproportionately pummeled by rising prices, higher housing costs, larger student loan balances and more overall debt than the millennials before them, how your name could help you get a free ride to college, and the impact climate change is having on the economy.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about American Express acquiring restaurant reservation service Tock, VC firm Nurse Capital announcing the close of its inaugural $1M fund, and Level Ex’s technology on SpaceX’s Polaris Dawn mission.
Segment 3: Anthony Tiritilli, President of Development, Lynd Living, joins John to talk about the growth of build-to-rent communities.
https://serve.castfire.com/audio/5244884/5244884_2024-06-24-195724.128.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based restaurant software company Tock is being acquired by American Express for $400 million. The reservation software was developed by Alinea owner Nick Kokonas and former Google engineer Brian Fitzpatrick and founded in 2014. It employs about 200 people. American Express says Tock will operate as its subsidiary under the American Express Global Dining banner. American Express also owns the online reservation company Resy and has been beefing up its related payments and loyalty technology. The company says it’s creating a world-class digital experience platform that’ll include a wide range of benefits for diners and restaurants.
Also, hackers are demanding tens of millions of dollars in ransom from Hoffman Estates-based CDK Global. Listen for more below:
https://serve.castfire.com/audio/5244143/5244143_2024-06-24-184943.64kmono.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about the 2025 tax battle and the difference in the corporate tax plans being proposed by President Biden and Donald Trump.
Segment 2: Paul Kostopanagiotou, Owner, Nicky’s of Beverly, tells John about their restaurant that has become a staple in the Beverly neighborhood of Chicago. Paul talks about the food they offer, how business has been the last few years, their extensive happy hour menu, how they support local farms, artists and musicians, and what you should know about Nicky’s Summer Music Series.
Segment 3: Ann Logue, writer specializing in business and finance, joins John Williams to talk about the retirement Catch-22. Her most recent book is “Options Trading.”
https://serve.castfire.com/audio/5204583/5204583_2024-06-21-195023.128.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The restaurant replacing Dick’s Last Resort in Chicago’s Marina City towers finally has an opening set for July. According to Crain’s, Legal Sea Foods has two floors in the space at 315 N. Dearborn with private event spaces and outdoor terraces overlooking the Chicago Riverwalk. The restaurant had planned to open over the winter but there were issues that caused delays. PPX Hospitality Brands is the parent company, based in Massachusetts. It has 26 restaurants, most of them on the east coast. It also owns Smith & Wollensky Restaurant Group.
Also, Chicago’s Federal Reserve president says the Fed should be able to cut interest rates inflation keeps cooling. Listen for more below:
https://serve.castfire.com/audio/5202350/5202350_2024-06-21-161350.64kmono.mp3Recent PostsWintrust Business LunchSteady market, EV innovation, business sustainability.cls-7{fill:#fff;fill-rule:evenodd}DeVry University announces partnership with 1871.cls-4{fill:#000;}Hotel occupancy, heat wave economy, Prime Day.cls-7{fill:#fff;fill-rule:evenodd}Walgreens stock drops after cut to profit forecast.cls-4{fill:#000;}Homebuying rules, student loans, Overflow Coffee.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The video shout-out company, Cameo, is moving its headquarters to Fulton Market. The company’s signed a six-year lease for two floors of space at 320 N. Elizabeth. The first floor will be used for events and the second floor will be used for offices. Cameo currently has headquarters in River North in about half the space of the new location. The new lease comes after a successful round of fundraising. Cameo also plans to hire some new employees in 2025. The expansion comes after a rough patch that included a drop in valuation and staff cuts.
Also, one of the shuttered Dom’s Kitchen & Market locations will soon become The Fresh Market. Listen for more below:
https://serve.castfire.com/audio/5178437/5178437_2024-06-20-201337.64kmono.mp3Recent PostsWintrust Business LunchCameo to move headquarters to Fulton Market.cls-4{fill:#000;}Retirement plan, Fed policy, Rocky’s Dojo & Gym.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Signals for a bear market.cls-7{fill:#fff;fill-rule:evenodd}Pizza Hut rolls out Chicago tavern-style pizza.cls-4{fill:#000;}Hybrid work, profit sharing, hidden tech fees.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Indira Venkat, Senior Vice President of Research, AARP, joins John Williams to talk about building a retirement nest egg and the resources AARP offers to older Americans looking to start saving for retirement or to increase the amount they are saving.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about California Governor Gavin Newsom wanting to restrict students’ usage of smartphones during the school day, and Electric vehicle maker Fisker filing for Chapter 11 bankruptcy protection.
Segment 3: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, tells John about recent market performance overall, the market concern over Fed policy, why a broadening out is crucial to a healthy market, inflation coming down, and what he expects the Fed to do with interest rates.
Segment 4: Rocky Troutman, Owner, Rocky’s Dojo & Gym, talks to John about how business is going since COVID, the types of classes they offer at the gym, and the business celebrating 50 years this Saturday!
https://serve.castfire.com/audio/5176580/5176580_2024-06-20-191220.128.mp3Recent PostsWintrust Business LunchCameo to move headquarters to Fulton Market.cls-4{fill:#000;}Retirement plan, Fed policy, Rocky’s Dojo & Gym.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Signals for a bear market.cls-7{fill:#fff;fill-rule:evenodd}Pizza Hut rolls out Chicago tavern-style pizza.cls-4{fill:#000;}Hybrid work, profit sharing, hidden tech fees.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about why people wrongly believe we are in a recession, if we are about to enter a bear market, what to know if you about your portfolio if you are close to retirement, and why you should be award of ‘sim swapping.’ As always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/5166703/5166703_2024-06-19-212403.128.mp3More with Terry SavageRecent PostsWintrust Business LunchCameo to move headquarters to Fulton Market.cls-4{fill:#000;}Retirement plan, Fed policy, Rocky’s Dojo & Gym.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Signals for a bear market.cls-7{fill:#fff;fill-rule:evenodd}Pizza Hut rolls out Chicago tavern-style pizza.cls-4{fill:#000;}Hybrid work, profit sharing, hidden tech fees.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago tavern-style pizza is going national. Pizza Hut is rolling out a new menu item called Chicago Tavern-Style Pizza and claims the chain is the only global pizza brand to offer the local favorite. Several choices will be available including a pesto Margherita, the Ultimate with pepperoni and sausage, spicy chicken sausage and double pepperoni. Pizza Hut says its newest offering pays homage to Chicago and a pizza style created 100 years ago. Tavern-style pizza first appeared in Chicago in the 1930’s. Taverns served up the thin crust pizza to entice patrons to stay longer drink more.
Also, the U.S. Securities & Exchange Commission has fined Chicago-based R.R. Donnelly & Sons $2.1 million for the company’s handling of a ransomware attack. Listen for more below:
https://serve.castfire.com/audio/5166659/5166659_2024-06-19-193459.64kmono.mp3Recent PostsWintrust Business LunchCameo to move headquarters to Fulton Market.cls-4{fill:#000;}Retirement plan, Fed policy, Rocky’s Dojo & Gym.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Signals for a bear market.cls-7{fill:#fff;fill-rule:evenodd}Pizza Hut rolls out Chicago tavern-style pizza.cls-4{fill:#000;}Hybrid work, profit sharing, hidden tech fees.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about a new study that showed the success of having a hybrid work week. What are Tom’s takeaways from the study.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about the benefits of profit sharing. Philippe discusses a growing recognition among businesses (including many smaller employers) of the benefits of aligning employee incentives with the company’s success.
Segment 3: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Want Harvey to help you lower your tech bills? You can email him at hmwellsradio@gmail.com or phone / text him at 312-307-1700.
https://serve.castfire.com/audio/5145108/5145108_2024-06-18-193108.128.mp3Recent PostsWintrust Business LunchCameo to move headquarters to Fulton Market.cls-4{fill:#000;}Retirement plan, Fed policy, Rocky’s Dojo & Gym.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Signals for a bear market.cls-7{fill:#fff;fill-rule:evenodd}Pizza Hut rolls out Chicago tavern-style pizza.cls-4{fill:#000;}Hybrid work, profit sharing, hidden tech fees.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John about last week’s Fed meeting, interest rates staying steady, how many interest rate cuts does he expect this year, the driving force behind stubborn inflation, energy prices coming down, why he’s bullish on the overall market, and how people can keep their finances in check right now.
Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Chicago being ranked a top 6 startup hub in the US, new Bears QB Caleb Williams launching an investment firm, and an IPO launching for Chicago AI health tech firm Tempus.
Segment 3: Trisha Prabhu, Founder, Rethink Citizens, tells John about their mission of tackling cyberbullying and online harassment. Trisha talks about how the ReThink technology stops cyberbullying before damage is done, how the technology works, and her participation in the inaugural Young Futures Innovators Cohort.
https://serve.castfire.com/audio/5139628/5139628_2024-06-17-192328.128.mp3Recent PostsWintrust Business LunchCameo to move headquarters to Fulton Market.cls-4{fill:#000;}Retirement plan, Fed policy, Rocky’s Dojo & Gym.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Signals for a bear market.cls-7{fill:#fff;fill-rule:evenodd}Pizza Hut rolls out Chicago tavern-style pizza.cls-4{fill:#000;}Hybrid work, profit sharing, hidden tech fees.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The company that owns Megabus has filed for bankruptcy protection. Coach USA made the filing in Delaware and says it owes creditors between $100 and $500 million. Megabus has commuter lines connecting Chicago to dozens of Midwest cities. The filing says the company has been unable to recover from a decline in ridership that started during the COVID pandemic. Ridership recovered last year to just 45% of pre-pandemic levels. The company is borrowing money to keep operating during bankruptcy. Megabus has been serving Chicago since 2006.
Also, a new report says the typical black household in the Chicago area has zero net worth. The study was conducted by the Institute on Race, Power & Political Economy at the New School in New York. Listen for more below:
https://serve.castfire.com/audio/5139525/5139525_2024-06-17-173925.64kmono.mp3Recent PostsWintrust Business LunchCameo to move headquarters to Fulton Market.cls-4{fill:#000;}Retirement plan, Fed policy, Rocky’s Dojo & Gym.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Signals for a bear market.cls-7{fill:#fff;fill-rule:evenodd}Pizza Hut rolls out Chicago tavern-style pizza.cls-4{fill:#000;}Hybrid work, profit sharing, hidden tech fees.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about what we should know about trillion dollar companies, if the stock market is overheated, what he expects the Fed to do in the ongoing fight against inflation, why he expects one rate cut this year (after the election), the economy still doing quite well, and how we should be structuring our portfolios right now.
Segment 2: Nicole Flores, Partner, Chicago’s Pizza, tells John about the three family-run restaurants they have in the city of Chicago, how long they have been in business, how they differ from other pizza places in Chicago, why they have their own set of delivery drivers, their plans for growth, and the various types of pizza they offer.
Segment 3: Jeff Ostrowski, Analyst, Bankrate, joins John to talk about a new Bankrate study that shows the typical single-family home costs over $18,000 per year in hidden expenses.
https://serve.castfire.com/audio/5138045/5138045_2024-06-14-192745.128.mp3Recent PostsWintrust Business LunchMarket pullback, hidden home costs, Chicago’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Airline for dogs is coming to Midway.cls-4{fill:#000;}Inflation cools, Musk pay, ‘Friendly Fraud’.cls-7{fill:#fff;fill-rule:evenodd}Wheels Inc. signs lease with Schaumburg building.cls-4{fill:#000;}Terry Savage: How many interest rate cuts this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
You and your pooch can travel together in style on a new airline catering to dogs and their owners. Bark Air launched in May and will expand later this year to include Chicago’s Midway Airport. The airline uses Gulfstream G5 aircraft and a first-class ticket comes with calming treats, scented towels, music and beverages, including chicken broth for your dog. Dogs can roam freely on the planes. The airline launched with flights connecting New York and Los Angeles but has expanded to other cities. In October, Bark Air will launch at Midway with flights to and from Miami, New York, Phoenix and San Jose. A single ticket includes travel for one dog and one human and costs $6,000. Bark Air says the price will come down as it expands.
Also, the Chicago Tribune is moving its newsroom to the West Loop. Listen for more below:
https://serve.castfire.com/audio/5137963/5137963_2024-06-14-171803.64kmono.mp3Recent PostsWintrust Business LunchMarket pullback, hidden home costs, Chicago’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Airline for dogs is coming to Midway.cls-4{fill:#000;}Inflation cools, Musk pay, ‘Friendly Fraud’.cls-7{fill:#fff;fill-rule:evenodd}Wheels Inc. signs lease with Schaumburg building.cls-4{fill:#000;}Terry Savage: How many interest rate cuts this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the Fed’s ongoing effort to fight inflation, when we are likely to get an interest rate cut, and how many rate cuts are expected this year. And what will all of this mean for the market and the economy?
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Tesla shareholders considering whether to approve an all-stock compensation package for CEO Elon Musk, and the latest news on competitive hot dog-eating contests.
Segment 3: Dale Buss, Contributing Editor of Chief Executive Magazine and Founder/Executive Director of The Flyover Coalition, joins John to talk about consumer hesitation over EV’s and autonomous vehicles, and the challenge for automakers to decide on where they should be investing their money.
Segment 4: Emily Stewart, Senior Correspondent, Business Insider, tells John about about the rise of ‘friendly credit card fraud.’
https://serve.castfire.com/audio/5137264/5137264_2024-06-13-191404.128.mp3Recent PostsWintrust Business LunchMarket pullback, hidden home costs, Chicago’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Airline for dogs is coming to Midway.cls-4{fill:#000;}Inflation cools, Musk pay, ‘Friendly Fraud’.cls-7{fill:#fff;fill-rule:evenodd}Wheels Inc. signs lease with Schaumburg building.cls-4{fill:#000;}Terry Savage: How many interest rate cuts this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s some good news on the office vacancy rate in the suburbs. Wheels Inc., has signed a lease for more than a quarter of the Zurich North America building in Schaumburg. The fleet management and mobility solutions firm will lease 200,000 square feet in the building, which sits along the Jane Addams Memorial Tollway. The building is near the former Motorola campus and a planned entertainment district around the Schaumburg Renaissance Hotel & Convention Center. Wheels will bring hundreds of employees to the building.
Also, a lawsuit’s been filed against Chicago-based Conagra Brands over the ingredients of its fish products. Listen for more below:
https://serve.castfire.com/audio/5115446/5115446_2024-06-12-204946.64kmono.mp3Recent PostsWintrust Business LunchMarket pullback, hidden home costs, Chicago’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Airline for dogs is coming to Midway.cls-4{fill:#000;}Inflation cools, Musk pay, ‘Friendly Fraud’.cls-7{fill:#fff;fill-rule:evenodd}Wheels Inc. signs lease with Schaumburg building.cls-4{fill:#000;}Terry Savage: How many interest rate cuts this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about today’s good inflation report, what the inflation data means for interest rates cuts later this year, and how sticky high prices are impacting the economy. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/5115291/5115291_2024-06-12-192731.128.mp3More with Terry SavageRecent PostsWintrust Business LunchMarket pullback, hidden home costs, Chicago’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Airline for dogs is coming to Midway.cls-4{fill:#000;}Inflation cools, Musk pay, ‘Friendly Fraud’.cls-7{fill:#fff;fill-rule:evenodd}Wheels Inc. signs lease with Schaumburg building.cls-4{fill:#000;}Terry Savage: How many interest rate cuts this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about a recent survey that shows 25% of Gen Zers brought their parents to job interviews. And how will AI impact the future of work?
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about how the real estate market is doing this Spring, inventory being low, a Gold Coast penthouse up for auction, and the ‘Home Alone’ house finding a buyer.
https://serve.castfire.com/audio/5093353/5093353_2024-06-11-195653.128.mp3Recent PostsWintrust Business LunchMarket pullback, hidden home costs, Chicago’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Airline for dogs is coming to Midway.cls-4{fill:#000;}Inflation cools, Musk pay, ‘Friendly Fraud’.cls-7{fill:#fff;fill-rule:evenodd}Wheels Inc. signs lease with Schaumburg building.cls-4{fill:#000;}Terry Savage: How many interest rate cuts this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s Lula Cafe is the winner of the James Beard Award for Outstanding Hospitality. The Logan Square restaurant was the sole winner among four local finalists for the coveted awards. The 33rd annual James Beard Restaurant & Chef Awards were handed out in Chicago Monday night. This is Lula’s first win, but its founder Chef Jason Hammel has been nominated before. A Michigan chef won Best Chef in the Great Lakes region, beating two Chicago nominees. Chicago chefs have won that category for the past several years.
Also, Ascension health system has restored all electronic health records in Illinois as it continues recovering from a cyberattack. Listen for more below:
https://serve.castfire.com/audio/5093340/5093340_2024-06-11-190440.64kmono.mp3Recent PostsWintrust Business LunchMarket pullback, hidden home costs, Chicago’s Pizza.cls-7{fill:#fff;fill-rule:evenodd}Airline for dogs is coming to Midway.cls-4{fill:#000;}Inflation cools, Musk pay, ‘Friendly Fraud’.cls-7{fill:#fff;fill-rule:evenodd}Wheels Inc. signs lease with Schaumburg building.cls-4{fill:#000;}Terry Savage: How many interest rate cuts this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about wage growth being up overall, but especially for CEO’s, inflation concern despite the strong economy, Friday’s strong jobs report, and where the Fed might go with interest rate cuts.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about Workbox, a Chicago coworking startup that raised new funding, a new trend of hiring fractional executives rather than full time c-suite roles, and upscale grocer Foxtrot to reopen stores.
Segment 3: Chef Max Robbins, culinary director for NASCAR weekend, tells John what Lettuce Entertain You has in store for guests visiting Chicago for the NASCAR event next month.
https://serve.castfire.com/audio/5072845/5072845_2024-06-10-192445.128.mp3Recent PostsJohn WilliamsFoxtrot co-founder on plan to reopen stores.cls-7{fill:#fff;fill-rule:evenodd}John Williams Speed Jokes 6-10-24.cls-7{fill:#fff;fill-rule:evenodd}Should Chicago have an 8 p.m. teen curfew?.cls-4{fill:#000;}Local sailor Maggie Shea to compete at Paris Olympics.cls-3{fill:#fff;fill-rule:evenodd}Krishnamoorthi: DNC is great opportunity for Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
The Ravinia Festival Association, the music organization which operates the concert and entertainment venue in Highland Park, has updated its federal lawsuit against Ravinia Brewing company. The festival claims the brewing company is falsely implying a relationship. Ravinia Festival has also filed a petition with the U.S. Patent and trademark office requesting cancellation of Ravinia Brewing Company’s registered trademark.
Also, the Sun Times is reporting the average cost for a hotel room during the city’s top three events, DNC, the NASCAR Chicago Street Race, and Lollapalooza will be about $535. Listen for more below:
https://serve.castfire.com/audio/5071150/5071150_2024-06-10-173250.64kmono.mp3Recent PostsWintrust Business LunchRavinia Festival updates lawsuit vs. Ravinia Brewing.cls-4{fill:#000;}Chicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The 2024 Fortune 500 list is out and Chicago has added two more big companies to the list of local heavy hitters. The city is home to 15 companies on the Fortune 500, up from 13 last year. Chicago ranks third for the most Fortune 500 companies after New York City with 41 and Houston with 21. Atlanta was third last year. The two new companies this year are GE HealthCare and Kellanova, the spin-off of Kellogg. The greater Chicago area has 31 Fortune 500 companies down from 32 last year. The biggest company on the list is Walgreens Boots Alliance.
Also, A condo development is planned for former site of a CVS pharmacy in Chicago’s Lincoln Park. Listen for more below:
https://serve.castfire.com/audio/5068026/5068026_2024-06-07-194626.64kmono.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jane Oates, Senior Policy Advisor and recent President, WorkingNation, talks to Jon Hansen to break down today’s job report. What were the big takeaways from the data released today?
Segment 2: John Curran, Senior Vice President & General Manager, Big Bus Tours, tells Jon about their bus tours around Chicago, how tourism in Chicago has been going, who typically takes the bus tours, how a tour is a great way to discover a city, and why the Sunset Tour is not to be missed.
Segment 3: Ariella Gibson, Marketing and Communications Manager, Chicago Loop Alliance, tells John about this year’s interactive block party Sundays on State!
https://serve.castfire.com/audio/5068018/5068018_2024-06-07-193918.128.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins Jon Hansen to talk about the job market and if we will see stability, what the jobs data could mean for interest rates, and the ongoing fight against inflation.
Segment 2: Bree Fowler, Senior Writer, CNET, joins Jon Hansen to talk about YouTube changing its policies about firearm videos, a political consultant who sent AI-generated robocalls mimicking President Joe Biden’s voice making his first court appearance, and the Amazon Labor Union agreeing to affiliate with the Teamsters union.
Segment 3: Katie Walsh, Senior Marketing Manager, Fashion Outlets of Chicago, tells Jon about how the store has become a destination for luxury brands, what sets them apart from other shopping areas, the amazing shopping amenities that are offered, the great deals and products you can find, why Rosemont is the perfect spot for them, and how they are now the first outlet location for iconic designer brand Alexander McQueen.
Segment 4: Mark Towns, co-founder, Edgewater Candles, joins Jon Hansen to talk about their candle-making business, why Mark decided to start a candle shop, how the business is celebrating Pride this year, how the business has grown, the type of products they offer, the best part of having a brick and mortar location, and the release of a Pride-themed candle that represents the city’s neighborhoods.
https://serve.castfire.com/audio/5067584/5067584_2024-06-06-192824.128.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen to talk about soaring homeowners insurance premiums, and what you can do if your insurance premium is going up. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/5065272/5065272_2024-06-05-205312.128.mp3More with Terry SavageRecent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Elliot Richardson, Co-founder and President, Small Business Advocacy Council, joins Jon Hansen to talk about what the city of Chicago needs to do to cut the red tape that many small businesses in Chicago face.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins Jon to talk about why an increasing number of employees are shying away from the managerial path.
Segment 3: Juliana Kaplan, Senior Labor / Inequality reporter, Business Insider, joins Jon to break down new research that shows middle-income consumers’ behavior is more similar to their lower-income counterparts than more affluent Americans.
Segment 4: Jason Lesniewicz, Director of Cultural Tourism, Choose Chicago, tells Jon about the programming for the upcoming Sundance x Chicago festival happening later this month!
https://serve.castfire.com/audio/5032437/5032437_2024-06-04-204837.128.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Ascension health system says its electronic health records should be restored by June 14. That would be a little more than a month after it was hit by a cyberattack. The health system has restored some health records in some states where it operates but not all. In Illinois, Indiana and Wisconsin, Ascension says it’s still using manual and paper-based systems. Providers can send prescriptions electronically and pharmacy sites are open. Ascension says restoring everything is a complex process that’ll take time to complete.
Also, ongoing production delays at Boeing have forced United Airlines to take delivery of some smaller jets to help it cover some routes. Listen for more below:
https://serve.castfire.com/audio/5029379/5029379_2024-06-04-171719.64kmono.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago-area medical waste disposal company is being purchased by a powerhouse trash hauler. Waste Management is buying Bannockburn-based Stericycle for $7.2 billion and will acquire all of its outstanding shares and $1.4 billion in debt. It’s one of the biggest-ever acquisitions in the waste management sector. The deal comes after reports last month that Stericyle was considering a sale. Waste Management was founded in Chicago but moved to Houston in 1998 when it merged with USA Waste Services. This deal is expected to close in the 4th quarter of the year but needs regulatory approval and the approval of Stericycle’s investors.
Also, Deere & Co. says it will cut employees in global production and salaried workforce. Listen for more below:
https://serve.castfire.com/audio/4994251/4994251_2024-06-03-212051.64kmono.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins Jon to talk about today’s down market, the market moving faster than it ever has, why he believes the economy and market are doing fine, the expectations of a Fed rate cut, and what the upcoming election means for the market and your investments.
Segment 2: Jim Dallke, National Editor, American Inno, talks to Jon about how people with AI skills are earning more money than their coworkers who aren’t specialized in artificial intelligence, FreshX, a supply chain software startup, winning first place at the 2024 New Venture Challenge, and two Chicago companies landing on Time’s most influential list.
Segment 3: Jonathan Webb, director of workplace and healthcare markets at global furniture manufacturer KI, tells Jon how employers are creating offices that appeal to employees as in-person office policies ramp back up. What are the design solutions for the hybrid workplace?
https://serve.castfire.com/audio/4990426/4990426_2024-06-03-193626.128.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins Jon Hansen to break down today’s inflation data, how inflation’s impact hits people differently, what he expects from the markets this summer, and what people should know about their portfolio right now.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive, and host of the Consumer Guide Car Stuff podcast, joins Jon to explain why Tesla sales are tanking. Tom also answers all of your auto questions!
https://serve.castfire.com/audio/4894243/4894243_2024-05-31-194943.128.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Civic boosters have launched a new campaign to promote coworking spaces in iconic locations in an effort to attract workers back to downtown Chicago. Crain’s reports World Business Chicago and Penny Pritzker’s nonprofit P33 have launched the “Work from Summertime Chi” initiative. The goal is to attract remote workers to coworking spaces at place like Navy Pier, the Museum of Contemporary Art and the Chicago Cultural Center. It’s hoped the initiative will bring $10 million in economic impact to the Loop and surrounding areas by reminding remote workers of the charms of downtown Chicago. The initiative comes as the downtown Chicago office vacancy rate rises to 25%.
Also, subscriptions to Chicago-based Grubhub will be included with Amazon Prime membership moving forward. Listen for more below:
https://serve.castfire.com/audio/4894219/4894219_2024-05-31-184319.64kmono.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Oberweis Dairy could soon have a new owner. A private equity firm based in Winnetka won the bidding for the assets of Oberweis. The dairy declared bankruptcy in April. The Hoffman Family of Companies is behind the winning bid via its investment arm, Osprey Capital. The bankruptcy court must give final approval. The investment firm owns more than 100 brands in 30 countries, with a portfolio that includes wineries, charter cruise ships and a minor league hockey team.
Also, Walgreens is lowering prices on more than 1,300 items for what it’s calling a “Summer of Savings” promotion. Listen for more below:
https://serve.castfire.com/audio/4871638/4871638_2024-05-30-213038.64kmono.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Sam Um, Supervisor at the Bensenville McDonald’s, tells Jon Hansen about how many years he has worked at McDonald’s, the way McDonald’s supports career growth, his plans to become an owner / operator, how McDonald’s empowers the crew, and his go-to meal from McDonald’s.
Segment 2: Bree Fowler, Senior Writer, CNET, joins Jon Hansen to talk about the annual AI for Good conference, an international law enforcement team has arrested a Chinese national and disrupted a major botnet, and a group of investors that will put up $6 billion to fund development of artificial intelligence by Elon Musk’s xAI.
Segment 3: Bob Hutchinson, CEO of Wheaton Bank & Trust and Wheaton Mayor Phil Suess, join Jon to talk about the diverse business community in Wheaton, how Wheaton Bank supports small business, how the bank is relationship driven, the many resources available for small business, the importance of the bank being involved in the community, what you should know about SBA loans, and why you should invest your money in a local bank.
https://serve.castfire.com/audio/4870002/4870002_2024-05-30-200902.128.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen to talk about the market this week, why she thinks the Fed will not do anything with interest rates, and a creative way to pay for long term care insurance. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4868496/4868496_2024-05-29-215536.128.mp3More with Terry SavageRecent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Original Rainbow Cone is expanding again, this time into Michigan. The Chicago company has opened a location in New Buffalo inside Sonny D’s bar and grill. This is Rainbow Cone’s first location in Michigan. The company has expanded now to three states outside of Illinois. The famed ice cream brand was born in Chicago’s Beverly neighborhood 98 years ago. Until recently, it only had a few locations around Chicago. One of the new spots in Chicago is Wicker Park. It’s also in Valparaiso along with Pleasant Prairie and Lake Geneva, Wisconsin.
Also, Gatorade has a new ad campaign that features iconic athletes. Listen for more below:
https://serve.castfire.com/audio/4868394/4868394_2024-05-29-183534.64kmono.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago based U.S. Cellular is selling its wireless operation and certain spectrum assets to T-Mobile for $4.4 billion. In addition to wireless operations, T-Mobile will get about 30% of U.S. Cellular’s spectrum assets across several spectrum bands. U.S. Cellular is one of a few remaining large regional wireless carriers and serves more than 4.6 million customers in 21 states. The company sold of Chicago-area operations to Sprint in 2012.
Also, A suburban company that removes hazardous medical waste from hospitals, care centers and veterinary clinics is exploring a potential sale. Listen for more below:
https://serve.castfire.com/audio/4867900/4867900_2024-05-28-221800.64kmono.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins Jon Hansen to talk about how meditation can help you be a stronger business leader, and how employees can talk about mental health with managers and ways managers can create a mentally healthy workplace.
Segment 2: Jim Dallke, National Editor, American Inno, talks to Jon about the salaries of startup founders, and why Chicago business leaders see Lake Michigan as a ‘massive opportunity’ to draw new investment.
Segment 3: David Grossman, CEO, Epic Burger, joins Jon Hansen on National Burger Day to talk about the history of their business, the type of products they serve, the high quality ingredients that are used, how they were able to get through COVID, the popularity of their chicken products, how they separate themselves from competition, and their plans for growth in the Chicago area.
https://serve.castfire.com/audio/4867829/4867829_2024-05-28-202529.128.mp3Recent PostsWintrust Business LunchChicago ranks 3rd for most Fortune 500 companies.cls-4{fill:#000;}Hot jobs report, Big Bus Tours, Sundays on State.cls-7{fill:#fff;fill-rule:evenodd}Inflation down, Amazon Union, Edgewater Candles.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Help for rising homeowners insurance.cls-7{fill:#fff;fill-rule:evenodd}Red tape hurdle, middle-class wealth, Sundance Chicago.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jared Dillian, author of “No Worries, How to live a Stress-Free Financial Life” joins John to talk about why be believes that people should have 20 percent of their portfolio saved into gold.
Segment 2: Jeff Kroeger, President of Insureon joins John to talk about hi Insureon and how they’re providing exclusively small businesses with
Segment 3: Tina Daddano, Founder of, Small Business Advertising Illinois on Facebook, talks to John about the grass roots simple way that facebook is giving small businesses to advertise themselves on her page.
https://serve.castfire.com/audio/4866216/4866216_2024-05-24-194816.64kmono.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Dave Schwan has the business news of the day with the Wintrust Business Minute.
A survey by GasBuddy shows 76% of Americans will be on the road this weekend, an increase of 18% from last year. AAA expects 44 million Americans to travel more than 50 miles from home. It’s estimated more people will be on the road and in the air this weekend than we’ve seen in nearly 20 years.
Also, gas prices around Chicago won’t work in your favor. Listen for more below:
https://serve.castfire.com/audio/4866092/4866092_2024-05-24-163532.64kmono.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Donna Biernadski, VP of Brand at Double Good, joins John to talk about how the company started selling retail popcorn at Navy Pier, when they moved away from retail to start the fundraising aspect of the business, how they help groups raise money for various causes, the mission of Double Good, and their upcoming Double Good Days.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about the head of the Federal Communications Commission wanting to require political advertisers to disclose when they use content generated by artificial intelligence in broadcast television and radio ads, and California exploring a proposal that would require all new cars to alert drivers when they break the speed limit.
Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “The Alpha Wealth Hour” (formerly “This Week in Wealth”) on WGN Radio, joins John in-studio to talk about how the market has been performing this week, if he believes the market is overvalued, if he’s bullish on the rest of the year, how AI is impacting the economy, how many interest rate cuts he expects this year, and where he suggests putting money right now.
https://serve.castfire.com/audio/4865557/4865557_2024-05-23-193957.128.mp3Recent PostsJohn WilliamsNaperville girl now suing the city for 20 million.cls-7{fill:#fff;fill-rule:evenodd}John Williams Best of Speed Jokes 5-24-24.cls-7{fill:#fff;fill-rule:evenodd}Would you take high-speed rail to St. Louis?.cls-4{fill:#000;}Rep. Quigley: High-speed rail can come in next decade.cls-7{fill:#fff;fill-rule:evenodd}Best of the Midwest: Experience Macombopoly!.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based snack maker Mondelez International has been fined $366 million by the European Union for anti-competitive behavior involving cross-border sales of chocolate, cookies and coffee. Mondelez makes Oreo and Chips Ahoy cookies, Wheat Thins, Ritz Crackers, Triscuits and Toblerone. It was accused of restricting sales of its products among EU member states. A watchdog said the company’s actions harmed consumers, who ended up paying more for products. The price differences of some products varied between 10% and 40% across markets.
Also, home prices in the Chicago area have hit another new record high. Listen for more below:
https://serve.castfire.com/audio/4865516/4865516_2024-05-23-184916.64kmono.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about why people think we are in a recession despite the economy being strong, and the Biden administration canceling more student loan debt. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4864969/4864969_2024-05-22-212909.128.mp3Nearly 3 in 5 incorrectly believe US is in economic recession: surveyMore with Terry SavageRecent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
As Ascension health system deals with an ongoing cyberattack, Lurie Children’s Hospital in Chicago says it’s no longer addressing its own cybersecurity matter. The hospital posted a message on its website saying it has reactivated patient communication platforms, four months after the attack. The hospital’s MyChart service is still missing some information but available services include online scheduling, provider messaging, medication refill requests and bill pay. An investigation into the cyberattack is ongoing and involves the FBI.
Also, a Chicago advertising agency is laying off 9% of its staff after losing a big account. Listen for more below:
https://serve.castfire.com/audio/4864948/4864948_2024-05-22-203448.64kmono.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based software company Sprout Social is apparently not going private. This follows a report that the company was in talks with private-equity firms about a buy out. Reuters reported the company had formed a special committee to consider a deal and hired an investment banker as adviser. But in a securities filing, the company says there is no process in place to sell or take the company private. Sprout’s share price rose about 6% after the Reuters report but fell after company’s denial. Shares dropped sharply earlier this month after the company lowered its revenue forecast for the year.
Also, two new developments in Chicago’s Fulton Market would bring 1,800 apartments to that neighborhood. Listen for more below:
https://serve.castfire.com/audio/4864321/4864321_2024-05-21-214021.64kmono.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Sarah Foster, Analyst, Bankrate, talks to John about a new Bankrate survey that shows 89% of Americans do not consider themselves financially successful.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John how work discrimination lawsuits and damages are twice as likely to result when a manager or company has previously “flip-flopped” on statements made to employees.
Segment 3: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about the nice stock market run, why he believes the market may be overvalued right now, the economy being very strong, how many times he expects the Fed to cut rates this year, and where he believes we should be putting our money right now.
https://serve.castfire.com/audio/4864292/4864292_2024-05-21-203932.128.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Uber is launching a new service called Uber Shuttle that’ll provide transportation to and from large venues including airports and concerts. The company confirms Chicago will be on one of initial launch sites along with Charlotte and Pittsburgh. Uber says the shuttles will provide a more affordable ride option and help lower congestion in high traffic areas. Uber Shuttle will operate similarly to a ticketed bus experience. Passengers will be able to reserve a seat in a vehicle that could accommodate as many as 55 people per trip. The example provided showed an Uber Shuttle ride at $15 compared to an UberXL price of about $45.
Also, the next phase of a nearly $6 billion renovation project at O’Hare Airport is underway, but the main portion of construction reportedly won’t begin until the middle of next year. Listen for more below:
https://serve.castfire.com/audio/4863688/4863688_2024-05-20-215228.64kmono.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the top states where Gen Z are moving, one-third of single-family homes for sale in the U.S. in the first quarter being newly built, and the rise of luxury fruit
Segment 2: Jeff Buettner, Managing Director, ButcherJoseph & Co., tells John about how their company advises privately held businesses on ownership succession transactions.
Segment 3: Adam Katz, Global Head of Physical Retail, Wayfair, joins John to talk about the grand opening of Wayfair’s brick and mortar retail store in Wilmette.
https://serve.castfire.com/audio/4863638/4863638_2024-05-20-192438.128.mp3Recent PostsWintrust Business LunchWintrust Business Lunch 5/24/24.cls-7{fill:#fff;fill-rule:evenodd}76% of Americans will be on the road this weekend.cls-4{fill:#000;}Nvidia, AI political ads, Double Good Days.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International fined $366 million by EU.cls-4{fill:#000;}Terry Savage: We are not in a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the market hitting some highs this week, why people are excited to jump into the market right now, why the market broadening is good for investors, the health of the real estate market, and what is next for Fed policy.
Segment 2: Joe Chura, President and Founder, Go Brewing, tells John about their award-winning non-alcoholic craft beer company, the growth of their brand and the NA beer industry in general, why he decided to start a NA beer company, his interesting business backstory, who is drinking their beer, and why he knew the NA market had potential to be big.
Segment 3: Ashley McNamara, Vice President, Apex Order Pickup Solutions, a smart food locker where customers can grab their food order by scanning a code with their phone. Ashley explains where this technology is most used, how this concept is expediting food pick-up, and how business has been the last couple of years.
https://serve.castfire.com/audio/4862391/4862391_2024-05-17-195531.128.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s famed Maxwell Street Market will be back in its original location this year. The market will be back on Maxwell Street between Halsted and Union for the 2024 season, which runs from May 26 to Oct. 27. The market happens on the last Sunday of each month except for August. That date has been set for Sept. 1. The market was moved from its original location in 1994 because of the expansion of the University of Illinois Chicago. The market was moved again in 2008 to Desplaines Avenue. Maxwell Street Market began as a Jewish market featuring businesses that were only open on Sundays.
Also, the Illinois General Assembly has passed a subtle but important change to the state’s biometric privacy law. Listen for more below:
https://serve.castfire.com/audio/4862312/4862312_2024-05-17-172312.64kmono.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the Dow hitting 40K today and other the indices reaching all-time highs, and why he would want to see one or two rate cuts.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about U.S. officials raising concerns about China’s “misuse of AI,” and a U.S. investor interested in buying TikTok
Segment 3: Mark Denzler, President & CEO, Illinois Manufacturers’ Association, tells John about a newly formed coalition called the Capture Jobs Now initiative and how it would help promote jobs while protecting the environment. Mark also tells John about the health of the manufacturing industry in Illinois.
Segment 4: Annie Coakley, Executive Director, Visit Oak Park, talks to John about all the great things happening in western Cook County this summer!
https://serve.castfire.com/audio/4861768/4861768_2024-05-16-195308.128.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the stock market reaching new highs, her thoughts on inflation data, and the overall economy being strong. And, as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4861185/4861185_2024-05-15-213225.128.mp3More with Terry SavageRecent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The parent company of Dom’s Kitchen & Market and Foxtrot has filed for bankruptcy protection. The filing follows the abrupt closure of both stores on April 23. Crain’s reports the filing was made in Delaware and lists assets and liabilities each between $10 million and $50 million. The company has asked the court for immediate attention because property involved includes perishable goods and assets that could deteriorate or lose value without quick attention. Workers have filed lawsuits alleging the company violated workers’s rights by not giving them proper notice of layoffs. Hundreds of workers lost their jobs when the company stores closed.
Also, a Chicago-based company that’s training fungi to eat trash has announced new funding. Listen for more below:
https://serve.castfire.com/audio/4860182/4860182_2024-05-15-194122.64kmono.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, talks to John about what interview and job advice he would give to the class of 2024.
Segment 2: Reed Alexander, Correspondent at Business Insider covering Wall Street, talks to John Williams about the onerous working conditions at some Wall Street banks.
Segment 3: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Interested in a Free Tech Check? You can email Harvey at hmwellsradio@gmail.com or call/text at 312-307-1700.
https://serve.castfire.com/audio/4859584/4859584_2024-05-14-194324.128.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Museum of Science and Industry is being renamed after Ken Griffin, one of its financial benefactors. Griffin, the founder of Citadel, announced the $125 million dollar donation to the museum in 2019. MSI received the full gift in 2021. Starting May 19, the museum will be named the Kenneth C. Griffin Museum of Science and Industry. It’s taken several years to change legal documents, logos and other branding. The gift made way for several new exhibits and will also be used to bolster MSI’s endowment. Griffin moved to Miami from Chicago in 2022.
Also, Chicago-based Kraft Heinz is exploring a possible sale of the Oscar Mayer brand. Listen for more below:
https://serve.castfire.com/audio/4859436/4859436_2024-05-14-164636.64kmono.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new study from TransUnion that found those in their early 20s are earning less, have more debt and see higher delinquency rates than Millennials did at their age, and how much the median home value in the U.S. has changed between 1965 and 2024,
Segment 2: Max Simon, Founder and CEO, Green Flower, joins John to talk about how their company creates a cannabis curriculum, and their partnership with Joliet Junior College on workforce education programs that are designed to provide job skills training for those interested in a career in the rapidly-growing cannabis industry.
Segment 3: Cheri Kempf, Senior Vice President, Athletes Unlimited, talks to John about the professional sports leagues under the Athletes Unlimited umbrella, how the various leagues work, their unique twist on the games, the professional softball league that plays in Rosemont, and the announcement that the league will extend their Rosemont lease for five more years!
https://serve.castfire.com/audio/4858899/4858899_2024-05-13-191339.128.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the markets having a nice run, the economy performing well overall, the ongoing effort to fight inflation, when we might see prices go down, why he’s not worried about the Fed raising rates, how many rate cuts he expects this year, and what you should be doing with your money right now.
Segment 2: Liz Owens, Senior Vice President, General Manager, Vacations By Rail, talks to John about the 20th anniversary of their brand, the types of trips and tours they currently offer, how long the trips typically last, some of the most popular destinations, and what makes rail travel so magical.
Segment 3: Michael Larson, Executive Vice President and General Manager, Schaumburg Boomers, tells John about what he expects from the team this season, the renovations to the stadium, the wonderful fan experience, and the incredible promotional nights they have planned.
https://serve.castfire.com/audio/4857647/4857647_2024-05-10-195947.128.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The University of Chicago will offer a new fellowship that will connect students with startups that are part of the school’s clean technology accelerator. As part of the Resurgence program, students will support startups in areas like financial modeling and projections, customer discovery, market opportunity assessment and investor readiness. Chicago Inno reports the inaugural group of fellows are all MBA candidates at the University of Chicago Booth School of Business.
Also, the U.S. Transportation Department’s inspector general will audit the Federal Aviation Administration’s oversight of maintenance practices at Chicago-based United Airlines. Listen for more below:
https://serve.castfire.com/audio/4857629/4857629_2024-05-10-181629.64kmono.mp3Recent PostsWintrust Business LunchMarket highs, NA beer, Apex Order Pickup Solutions.cls-7{fill:#fff;fill-rule:evenodd}Maxwell Street Market to return to original location.cls-4{fill:#000;}Dow hits 40K, AI concern, Visit Oak Park.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: This stock market wants to go higher.cls-7{fill:#fff;fill-rule:evenodd}Dom’s and Foxtrot parent company files for bankruptcy.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago ranks fourth among U.S. cities for the number of millionaires. The city has 120,500 millionaires, 24 billionaires and 290 centimillionaires. A centimillionaire has wealth of at least $100 million. Compared to a decade ago, the millionaire figure is up 22%. The report says one in every 22 residents or about 2.6 million Chicagoans are millionaires. The figures were compiled by international wealth migration firm Henley and Partners. New York City has the most millionaires in the U.S., followed by the San Francisco Bay Area and Los Angeles. After Chicago is Houston, Dallas, Seattle, Boston, Miami and Austin.
Also, a Chicago-based insurance startup plans to double its staffing over the next 18 months. Listen for more below:
https://serve.castfire.com/audio/4857083/4857083_2024-05-09-212723.64kmono.mp3Recent PostsWintrust Business LunchChicago is 4th ranked city for number of millionaires.cls-4{fill:#000;}TikTok lawsuit, ChatGPT search feature, Kilwins.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Be aware of new fiduciary rule.cls-7{fill:#fff;fill-rule:evenodd}Ferrero opens new chocolate facility in Bloomington.cls-4{fill:#000;}White collar jobs, work harassment, compact homes.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jackie Jackson, Franchise Owner, Kilwins, joins John to talk about being named Illinois small-business person of the year!
Segment 2: Abrar Al-Heeti, technology reporter for CNET, talks to John about TikTok suing the U.S. Government, and OpenAI reportedly working on a search feature for ChatGPT.
Segment 3: Jessica Smart, President and CEO, Clearbrook, tells John about the mission of Clearbrook, how they empower adults and children with intellectual/developmental disabilities, who they typically serve, and their upcoming fundraiser on May 17 featuring a live auction that includes a signed guitar from Taylor Swift!
Segment 4: Dobra Bielinski, the delightful owner of Delightful Pastries in Jefferson Park, joins John to talk about all the delicious treats they have for Mother’s Day!
https://serve.castfire.com/audio/4857042/4857042_2024-05-09-194742.128.mp3Recent PostsWintrust Business LunchChicago is 4th ranked city for number of millionaires.cls-4{fill:#000;}TikTok lawsuit, ChatGPT search feature, Kilwins.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Be aware of new fiduciary rule.cls-7{fill:#fff;fill-rule:evenodd}Ferrero opens new chocolate facility in Bloomington.cls-4{fill:#000;}White collar jobs, work harassment, compact homes.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about a new rule about rollover advice that you should know about. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/4853675/4853675_2024-05-08-210415.128.mp3More with Terry SavageRecent PostsWintrust Business LunchChicago is 4th ranked city for number of millionaires.cls-4{fill:#000;}TikTok lawsuit, ChatGPT search feature, Kilwins.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Be aware of new fiduciary rule.cls-7{fill:#fff;fill-rule:evenodd}Ferrero opens new chocolate facility in Bloomington.cls-4{fill:#000;}White collar jobs, work harassment, compact homes.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Ferrero has cut the ribbon on its first chocolate processing facility in North America in downstate Bloomington. The company will produce chocolate for several of its brands, including Butterfinger, Crunch and Kinder. The plant will include a 70,000-square-foot expansion and will eventually include a $214 million facility to make Kinder Bueno chocolate bars. Ferrero already has manufacturing plants on Chicago’s south side and in suburban Franklin Park. It has two other global processing plants in Europe in addition to the new Bloomington site. Last year, Ferrero opened a new Innovation Center and research and development lab in Chicago’s Marshall Field building.
Also, Electric vehicle maker Rivian says its net loss widened in the first quarter to nearly $1.5 billion but revenue nearly doubled compared with the same period a year ago. Listen for more below:
https://serve.castfire.com/audio/4852962/4852962_2024-05-08-182002.64kmono.mp3Recent PostsWintrust Business LunchChicago is 4th ranked city for number of millionaires.cls-4{fill:#000;}TikTok lawsuit, ChatGPT search feature, Kilwins.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: Be aware of new fiduciary rule.cls-7{fill:#fff;fill-rule:evenodd}Ferrero opens new chocolate facility in Bloomington.cls-4{fill:#000;}White collar jobs, work harassment, compact homes.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Aki Ito, Chief Correspondent at Business Insider, joins John to talk about her piece that explores why it’s extremely difficult to find a high-paying job.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about what companies need to be aware of “collateral damage” when it comes to work harassment.
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a new step in the homebuying process, and a new home development in Harvard.
https://serve.castfire.com/audio/4848793/4848793_2024-05-07-193533.128.mp3Recent PostsWintrust Business LunchWhite collar jobs, work harassment, compact homes.cls-7{fill:#fff;fill-rule:evenodd}Auction to be held for assets belonging to Foxtrot.cls-4{fill:#000;}Market gain, sticky inflation, insurance claim technology.cls-7{fill:#fff;fill-rule:evenodd}Chicago-based Hyatt Hotels to partner with Peloton.cls-4{fill:#000;}Rivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
An auction will reportedly happen Friday for assets belonging to the shuttered Foxtrot grocery stores. Crain’s reports the online auction will include inventory, intellectual property, equipment and other items. JPMorgan Chase Bank will run the auction. Foxtrot is a Chase debtor. It’s unclear whether the store’s sister retailer, Dom’s, will be part of the auction. Dom’s wasn’t mentioned in the auction announcement. Neither was the parent company, Outfox Hospitality.
Also, teen retail chain Rue21 has declared bankruptcy and will close all 540 of its stores including 20 in Illinois. Listen for more below:
https://serve.castfire.com/audio/4848395/4848395_2024-05-07-170635.64kmono.mp3Recent PostsWintrust Business LunchWhite collar jobs, work harassment, compact homes.cls-7{fill:#fff;fill-rule:evenodd}Auction to be held for assets belonging to Foxtrot.cls-4{fill:#000;}Market gain, sticky inflation, insurance claim technology.cls-7{fill:#fff;fill-rule:evenodd}Chicago-based Hyatt Hotels to partner with Peloton.cls-4{fill:#000;}Rivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a Canadian economist who believes the stock market is in for a major correction, the numbers behind Friday’s labor report, and a new Gallup poll that says inflation is the #1 financial issue Americans are facing.
Segment 2: Marc Fredman, Chief Strategy Officer, CCC Intelligent Solutions, joins John to talk about their mission to make the process of making insurance claims easier through the use of AI and modern, flexible technology.
Segment 3: Meghan Harte, Executive Director, LISC Chicago, joins John to talk about the recent Commercial Corridor Manager Pitch and Project Showcase, a ‘Shark Tank’ style competition featuring a diverse range of visionary projects aimed at revitalizing communities across Chicago’s South and West sides.
https://serve.castfire.com/audio/4841446/4841446_2024-05-06-194046.128.mp3Recent PostsWintrust Business LunchMarket gain, sticky inflation, insurance claim technology.cls-7{fill:#fff;fill-rule:evenodd}Chicago-based Hyatt Hotels to partner with Peloton.cls-4{fill:#000;}Rivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Job gains, Casa Chi, Drop Needle Drinks.cls-7{fill:#fff;fill-rule:evenodd}Market relief, Castaways returns, Funkytown Brewery.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Hyatt Hotels will partner with Peloton to give guests an upgrade and other perks. The company’s putting Peloton equipment and related content in guest rooms at its properties and customers who use the machines will be rewarded with Hyatt loyalty points. In addition to bikes and rowing machines, guests will have access to Peloton classes on TVs. Loyalty points can be used for future bookings, upgrades and other experiences. Hyatt says it’s the first hospitality brand to reward customers for working out.
Also, the Chicago Reader is returning to a weekly newspaper starting in June. Listen for more below:
https://serve.castfire.com/audio/4839680/4839680_2024-05-06-162420.64kmono.mp3Recent PostsWintrust Business LunchMarket gain, sticky inflation, insurance claim technology.cls-7{fill:#fff;fill-rule:evenodd}Chicago-based Hyatt Hotels to partner with Peloton.cls-4{fill:#000;}Rivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Job gains, Casa Chi, Drop Needle Drinks.cls-7{fill:#fff;fill-rule:evenodd}Market relief, Castaways returns, Funkytown Brewery.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Rivian has announced it is adding 500 jobs to its manufacturing plant in downstate Normal. The announcement coincided with the State of Illinois providing immediate incentives totaling $75 million to Rivian to aid its expansion. The package also includes tax incentives worth $634 million over the next 30 years as long as Rivian keeps at least 6,000 jobs in the state. Rivian is expanding its plant to produce a new, smaller electric SUV.
Also, an early-stage venture capital firm in Chicago says its new fund has raised $98 million. Listen for more below:
https://serve.castfire.com/audio/4816445/4816445_2024-05-03-194745.64kmono.mp3Recent PostsWintrust Business LunchRivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Job gains, Casa Chi, Drop Needle Drinks.cls-7{fill:#fff;fill-rule:evenodd}Market relief, Castaways returns, Funkytown Brewery.cls-7{fill:#fff;fill-rule:evenodd}CW programming to return to WGN-TV in September.cls-4{fill:#000;}Terry Savage: Will Fed raise rates this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John about the numbers behind today’s labor report, inflation continuing to be stubborn, how many rate cuts he expects the Fed to make this year, the likelihood we see a recession, and what he’s telling investors right now.
Segment 2: Chef Richard Sandoval, Casa Chi, joins John to talk about his new restaurant in the Intercontinental Hotel. Chef Sandoval tells us what makes this restaurant unique, why he’s excited about the space, and what people should eat and drink when they visit.
Segment 3: Nallely Suárez Gass, Founder, Drop Needle Drinks, tells John about her female-owned and operated company that sells a new line of sparkling wine-based ready-to-drink cocktails!
https://serve.castfire.com/audio/4816357/4816357_2024-05-03-191157.128.mp3Recent PostsWintrust Business LunchRivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Job gains, Casa Chi, Drop Needle Drinks.cls-7{fill:#fff;fill-rule:evenodd}Market relief, Castaways returns, Funkytown Brewery.cls-7{fill:#fff;fill-rule:evenodd}CW programming to return to WGN-TV in September.cls-4{fill:#000;}Terry Savage: Will Fed raise rates this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to talk about the Fed announcement on interest rates, the continuing effort to fight inflation, and what he’s expecting from tomorrow’s April labor report.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about World Password Day, A bipartisan group of senators pushing for restrictions on the use of facial recognition technology by the TSA, and lawyers for both the Department of Justice and Google presenting arguments to conclude antitrust case.
Segment 3: Anthony Stefani, Partner, The Stefani Restaurant Group, and spokesperson for Castaways Beach Club, tells John about the return of the iconic Castaways this Memorial Day!
Segment 4: Richard Bloomfield, Founder, Funkytown Brewery, joins John to talk about why he and his lifelong friends decided to start a craft brewing company, how their beer stands out from the competition, what it’s like being a black-owned beer business in Chicago, their mission to continue outreach in the Black community, and their collaboration beer with Sam Adams.
https://serve.castfire.com/audio/4799466/4799466_2024-05-02-195806.128.mp3Recent PostsWintrust Business LunchRivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Job gains, Casa Chi, Drop Needle Drinks.cls-7{fill:#fff;fill-rule:evenodd}Market relief, Castaways returns, Funkytown Brewery.cls-7{fill:#fff;fill-rule:evenodd}CW programming to return to WGN-TV in September.cls-4{fill:#000;}Terry Savage: Will Fed raise rates this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s WCIU-TV will begin operating as an independent station this summer. The station is dropping its CW26 branding and will return to being “The U.” CW programming will return to WGN-TV starting Sept. 1. WCIU says it’ll continue airing local shows like Block Club Chicago’s “On The Block” plus high school sports and Chicago Sky Games. Its new lineup will include sitcoms and a game show. The CW is owned by Nexstar Media Group, the parent company of WGN Radio and TV, and carries shows like “Walker,” “All American” and LIV Golf.
Also, Amtrak is launching a new daily route between Chicago and Minneapolis-St. Paul. Listen for more below:
https://serve.castfire.com/audio/4793958/4793958_2024-05-02-172158.64kmono.mp3Recent PostsWintrust Business LunchRivian to add 500 jobs to downstate manufacturing plant.cls-4{fill:#000;}Job gains, Casa Chi, Drop Needle Drinks.cls-7{fill:#fff;fill-rule:evenodd}Market relief, Castaways returns, Funkytown Brewery.cls-7{fill:#fff;fill-rule:evenodd}CW programming to return to WGN-TV in September.cls-4{fill:#000;}Terry Savage: Will Fed raise rates this year?.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the market showing some weakening, if there is a chance the Fed might actually raise interest rates again, what today’s Fed announcement will mean for the market, her thoughts on J.B. Pritzker’s comments regarding inflation, and everything you should know about buying I bonds right now. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4782567/4782567_2024-05-01-224507.128.mp3More with Terry SavageRecent PostsWintrust Business LunchTerry Savage: Will Fed raise rates this year?.cls-7{fill:#fff;fill-rule:evenodd}Market loss, toxic employees, top states for business.cls-7{fill:#fff;fill-rule:evenodd}UChicago Medicine opens new facility in Crown Point.cls-4{fill:#000;}Housing affordability, TechRise, Craft Beer Week.cls-7{fill:#fff;fill-rule:evenodd}New owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the 3 kinds of toxic employees you never want to be.
Segment 2: Dale Buss, Contributing Editor of Chief Executive Magazine and Founder/Executive Director of The Flyover Coalition, joins John to talk about a new Chief Executive survey that ranks the best and worst cities for business.
Segment 3: Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “This Week in Wealth” on WGN Radio, joins John Williams to talk about how the market has been performing this month, how earnings are impacting the market, inflation continuing to be stubborn, and what the Fed might say about interest rates tomorrow.
https://serve.castfire.com/audio/4761790/4761790_2024-04-30-191330.128.mp3Recent PostsWintrust Business LunchMarket loss, toxic employees, top states for business.cls-7{fill:#fff;fill-rule:evenodd}UChicago Medicine opens new facility in Crown Point.cls-4{fill:#000;}Housing affordability, TechRise, Craft Beer Week.cls-7{fill:#fff;fill-rule:evenodd}New owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
University of Chicago Medicine’s new facility in Crown Point opens today. It’s UChicago’s first freestanding facility in Indiana and it’s largest offsite location, located near I-65 and 109th Avenue. UChicago Medicine Crown Point will offer advanced specialty care including cancer, heart, obstetrics and gynecology. The facility will also offer pediatric care from Comer Children’s Hospital experts. It’ll employ about 200 clinical and non-clinical staff and is expected to accommodate 110,000 patient visits each year.
Also, American Airlines is the latest carrier to cutback service in Chicago. Listen for more below:
https://serve.castfire.com/audio/4748370/4748370_2024-04-29-200710.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Republic First Bank shutting its doors on Friday, and a new study that shows first-time homebuyers must earn $120,000 to afford the average house.
Segment 2: Lucy Brennan, Director, Founder’s Team, P33, joins John to talk about the new season of TechRise, where Chicago’s most promising early-stage overlooked founders take the virtual stage, pitching their ventures to a panel of VCs for a chance to win $25-50K in non-dilutive funding.
Segment 3: Ray Stout, Executive Director of Illinois Craft Brewers Guild joins John to talk about the upcoming Illinois Craft Beer Week and Beer Under Glass, a cornerstone festival and fundraiser that kicks off the weeklong celebration on Friday, May 3.
https://serve.castfire.com/audio/4748191/4748191_2024-04-29-192531.128.mp3Recent PostsWintrust Business LunchUChicago Medicine opens new facility in Crown Point.cls-4{fill:#000;}Housing affordability, TechRise, Craft Beer Week.cls-7{fill:#fff;fill-rule:evenodd}New owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The new owners of The Onion say they’ll keep the staff intact in Chicago, where the publication has been based since 2012. The satirical news outlet has been sold to a company called Global Tetrahedron. The Global Tetrahedron is a running gag from The Onion. One of the buyers is Jeff Lawson, the former Twilio CEO and co-founder. Several other digital media veterans are also part of the purchasing team. Lawson says The Onion’s new owners will eventually introduce new products and get into new mediums. The price of the deal has not been disclosed.
Also, the median asking price for Chicago-area homes hit a new record high last week. Listen for more below:
https://serve.castfire.com/audio/4720589/4720589_2024-04-26-190229.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the tension in the stock market, the economy continuing to be stable, the possibility of stagflation, the looming debt crisis, why the Fed’s inflation target remains at 2%, what is driving inflation right now, and what to know about President Biden’s proposal to increase the capital gains and dividend tax rate.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive, and host of the Consumer Guide Car Stuff podcast, joins John to talk about the EV market cooling, and the latest news on the EV front, and why it might be a good to buy a Tesla right now. And as always, Tom answers all of your automotive questions.
https://serve.castfire.com/audio/4719566/4719566_2024-04-26-194106.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Peggy Notebaert Nature Museum in Chicago is getting a brand makeover, the first in 20 years. The 167 year old museum is trying to appeal to a wider demographic. Notebart’s CEO tells Crain’s the museum wants to be place that welcomes all ages, even though people might think it’s a place for children. The museum has launched a new website design and logo. The design prominently features Illinois prairies with the tagline “Inspiring Nature Champions.” The re-brand coincides with the launch of a new butterfly exhibit.
Also, Northbrook-based Allstate will resume selling new homeowners insurance policies in California. Listen for more below:
https://serve.castfire.com/audio/4707093/4707093_2024-04-25-212333.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Greg Williams, Co-Founder, Chairman and CEO, Acrisure, talks to John about their tech-driven financial services provider, the formation of their new Midwest Region, the products they currently offer, how technology and AI is impacting their business, and what has led to rise in insurance rates over the last couple of years.
Segment 2: Bree Fowler, runner and Senior Writer, CNET, joins John to talk about President Biden signing into law legislation that could lead to a ban of TikTok, the Connecticut Senate passing one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm, including manufactured videos or deepfakes, and Facebook and Instagram parent company Meta saying its first-quarter profit more than doubled to over $12 billion.
Segment 3: Scott Bauer, CEO of Prosper Trading Academy, talks to John about why the market is sliding today, why the CPE data number will be a market mover tomorrow, and if he thinks this is a good buying opportunity in the market.
Segment 4: Elizabeth di John, owner, Wildflower Mercantile, tells John about her shop in Wheaton, the importance of delivering an experience to the customers while they are shopping, why they are intentionally a brick-and-mortar shop, where the idea of opening a stor came from, the type of products that they sell, and how they are truly as eclectic as a field of wildflowers!
https://serve.castfire.com/audio/4704525/4704525_2024-04-25-192625.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk a bit about the Bears stadium plans, how the market has been performing the last week, if its possible that the Fed doesn’t cut interest rates this year, and what we should know about Foxtrot and Dom’s abruptly closing. And, as usual, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4693157/4693157_2024-04-24-221757.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
One day after shutting down stores, Foxtrot and Dom’s Kitchen & Market are being sued. A former employee alleges the store owners violated workers’ rights by not giving staff members 60 days notice of a mass layoff or plant closure. Companies are required to provide that notice under the Illinois Worker Adjustment Retraining Notification act, otherwise known as the WARN law. The plaintiff is a worker who claims he was terminated in the middle of a shift without warning. The company closed stores in multiple states and 1,000 workers were let go.
Also, Southwest Airlines will operate fewer flights at O’Hare Airport because of delivery issues with new planes from Boeing. Listen for more below:
https://serve.castfire.com/audio/4692909/4692909_2024-04-24-213709.64kmono.mp3Chicagoans left shocked after Foxtrot and Dom’s Kitchen & Market announced their closureRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Less than six months after merging, Foxtrot and Dom’s Kitchen & Market are closing Chicago stores. Chicago Eater says the newly-merged company is filing for bankruptcy and closing all stores in Illinois, Texas and Washington, DC. One of the first closures involved the Foxtrot at 1019 W. Lake. Crain’s reports the doors were locked this morning and employees were sent home. It was Foxtrot’s first brick-and-mortar location. Foxtrot and Dom’s merged last year. At the time, the newly merged company said it planned to keep both brands and continue to grow. Foxtrot began in Chicago and Dom’s is a venture backed by grocery store veteran Bob Mariano. The merged company has about 1,000 workers across several states.
Also, Illinois’ credit rating just got another boost. Listen for more below:
https://serve.castfire.com/audio/4685070/4685070_2024-04-23-193410.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins Jon Hansen in for John Williams to discuss the latest trend overcoming offices coined “resenteeism” and what that consists of.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to Jon about office gossip and how gossip in the office place could effect productivity, kill morale, and how the gossip could falsely reflect business objectives.
Segment 3: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins Jon to talk about today’s inflation data, the importance of diversifying a portfolio, the Labor Department’s latest rule relating to bad retirement savings advice, and more.
https://serve.castfire.com/audio/4684619/4684619_2024-04-23-180419.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how much money some Americans are willing to spend on credit cards, the current mortgage rates, and how that’s impacting the economy.
Segment 2: John Schaefer, COO of Brightfarms, joins John to talk about Brightfarms operations, the new Yorkville location, the 100+ jobs offered at the new location and where you can apply.
https://serve.castfire.com/audio/4678312/4678312_2024-04-22-203312.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new report on Chicago’s largest privately held companies shows their revenues grew 8% in 2023 compared to the year before. The list, compiled by Crain’s Chicago Business, lists more than 340 companies with revenue of at least $90 million. Collectively, the firms on the list generated about $582 billion in 2023 and employed nearly 193,000 local workers. The companies cover numerous industries including construction, architecture, engineering, manufacturing, business services and food and beverage. Bloomington-based State Farm had the top spot on the list with nearly $104 billion in revenue, up 17% year over year.
Also, Chicago-based e-commerce fulfillment service provider ShipBob is preparing an initial public offering that could value the company at $4 billion. Listen for more below:
https://serve.castfire.com/audio/4677736/4677736_2024-04-22-180436.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about inflation data stalling out, what stubborn inflation means for the economy, what good investors should know right now, when the Fed might cut interest rates, and why he believes this is a buying opportunity to compound wealth.
Segment 2: Alan Markovich, General Manager of PXG West in Oak Brook, tells John about their technology driven company that makes custom golf clubs that are fitted specifically to your needs. What makes the PXG clubs different?
Segment 3: Aki Ito, Chief Correspondent at Business Insider, joins John to talk about her recent story that examines the hidden costs of leaving a big city.
https://serve.castfire.com/audio/4658771/4658771_2024-04-19-193511.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new report says artificial intelligence could result in a 900% increase in power demand by Chicago area data centers. 25 data center projects, currently undergoing engineering studies, would consume 5 gigawatts of power. That would equal the output of five nuclear plants. All 25 centers are within ComEd’s territory and the utility expects 80% of them to be completed. Bloomberg reports the data centers would initially use excess capacity on the regional grid. As for the future, ComEd says it will ensure its system can handle the additional power load.
Also, Goodman Theatre front-of-house employees have unionized. Listen for more below:
https://serve.castfire.com/audio/4658569/4658569_2024-04-19-194509.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jon Cordell, Director of Development Management and Operations, Central Region at Lendlease, tells John about the challenge of searching for a new home hom when interest rates are high and the creative financing solutions available for local buyers.
Segment 2: Bree Fowler, runner and Senior Writer, CNET, joins John to talk about the Biden administration reaching a deal to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips, Tesla asking shareholders to restore a $56 billion pay package for CEO Elon Musk, and London police announcing today that they disrupted a website that allowed fraudsters to trick up to 70,000 British victims into revealing personal information such as bank account details and passwords.
Segment 3: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about a new economic study that showed periods of high inflation undermine real earnings more than your average recession.
https://serve.castfire.com/audio/4652416/4652416_2024-04-18-190816.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the performance of Trump’s Truth Social stock, her two recent columns on credit card warnings, and some recent news about social security clawbacks. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4646971/4646971_2024-04-17-210711.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
In the wake of its bankruptcy filing, Oberweis Dairy has warned employees about coming layoffs. A filing with the State of Illinois says 127 workers will be cut at the company’s plant in North Aurora. Oberweis filed for bankruptcy last week. It listed more than $4 million in debt. The filing says the layoffs could start as soon as June 11. Oberweis is known for its ice cream and dairy stores.
Also, Sprout Social is losing its CEO. Justyn Howard is stepping down this fall. Listen for more below:
https://serve.castfire.com/audio/4646220/4646220_2024-04-17-181920.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Wintrust Financial is expanding into western Michigan with the purchase of Macatawa Bank for $510 million. The bank is headquartered in Holland and operates 26 branches in three southwest Michigan counties. Macatawa has approximiately $2.7 billion in assets, $2.4 billion in deposits and about $1.3 billion in loans. Wintrust’s CEO says Macatawa provides an ideal platform to expand into western Michigan. Wintrust operates more than 170 locations in the Chicago area, southern Wisconsin and part of Florida.
Also, World Business Chicago has a new CEO. Listen for more below:
https://serve.castfire.com/audio/4641291/4641291_2024-04-16-203431.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how employers and employees can handle workplace stress, and to share his thoughts on the new workplace trend, “resenteeism.”
Segment 2: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs.
https://serve.castfire.com/audio/4641010/4641010_2024-04-16-190910.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how Americans over 75 are the fastest-growing age group in the workforce, how much older workers typically earn, what you should know about tax day, and the latest news on current mortgage rates and how that’s impacting the economy.
Segment 2: Elan Mosbacher, Co-Founder, Pinch, tells John about their startup that offers clients in-home med spa treatments, while also enabling local nurse practitioners to earn as much as $5,000 per month in supplemental income.
Segment 3: Jay Rosati, Director of Career Development, Rosati’s Pizza / Rosati’s University, joins John Williams to talk about new training program designed specifically to get you managing and owning your own restaurant quickly.
https://serve.castfire.com/audio/4635616/4635616_2024-04-15-200816.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The future of Oberweis Dairy is uncertain following a bankruptcy filing. The North Aurora company filed for bankruptcy protection last Friday and listed more than $4 million in debts. The company owes money to a trucking company, a food products wholesaler and the Cook County Treasurer. Oberweis was founded in 1915 and company officials haven’t commented on next steps for the company. The company is owned by family members of former republican State Senator Jim Oberweis.
Also, UL Solutions made its stock market debut and its share price rose 25%. Listen for more below:
https://serve.castfire.com/audio/4635271/4635271_2024-04-15-181211.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the markets sliding this week, data this week showing inflation not coming down, how inflation is impacting consumers, when we are likely to see the Fed cut rates based on the newest data, why he believes some of the jobs data is a little slanted, and how we can get inflation under control without raising interest rates.
Segment 2: Chef Sebastian White, Founder and Executive Director, The Evolved Network, joins John to talk about a transformative grant they received from Chicago Beyond and the NBA Foundation to continue their mission of utilizing a holistic approach to cultivate skills and opportunities for Chicago underserved youth through the creation of a farm to table dining experience.
Segment 3: John Frank, Founder and CEO, Third Road Management, joins John to talk about their agency that helps midsize businesses with part-time CFO’s to help boost company growth.
https://serve.castfire.com/audio/4621854/4621854_2024-04-12-194454.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Online brokerage company Tastytrade is expanding its headquarters in Chicago. The company’s new office space in Fulton Market covers 35,000-square-feet and will include a broadcast studio for production of financial market content. The company’s Tastylive broadcasts, including more than 100 original shows, reach millions of people worldwide.
Also, a Chicago startup that provides in-home medical spa treatments has raised $3.5 million in seed funding. Pinch is recruiting nurse practitioners to provide medical spa treatments like fillers, chemical peels and IV treatments. The company currently serves 250 zip codes and other expansion plans are in the works.
https://serve.castfire.com/audio/4621761/4621761_2024-04-12-191601.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Uber users will soon be able to hail a cab. Starting April 11th, 2024, Chicago users will begin seeing the taxi option in their app. A similar program launched two years ago in New York and pilot programs were also running in San Francisco, Los Angeles, San Diego and Washington DC.
Also, a federal jury has ordered Amazon to pay more than $500 million to a Chicago-based tech company for patent infringement.
https://serve.castfire.com/audio/4620717/4620717_2024-04-12-130817.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Sarah Foster, Analyst, Bankrate, talks to John about a new report that shows young people surprisingly feel the most optimistic about their money despite their finances sometimes telling a different story.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about a bill passed by the Pennsylvania state House where consumers would need to be notified when content has been generated by AI, Instagram rolling out new tools to protect young people and combat sexual extortion, and new “broadband labels” for internet packages that will soon tell you what is going into the pricing of your service.
Segment 3: Flint Lane, Founder and CEO, Major League Table Tennis, tells John about the inaugural season of Major League Table Tennis and its season championships coming to Gentile Arena at Loyola University in Chicago on April 27 – 28. Buy tickets for the championship here.
Segment 4: Shraysi Tandon, Co-Founder, CEO, Kidsy, talks to John about their e-commerce startup that aims to give consumers greater access to discounted baby and kids products by partnering with large brands, retailers and liquidation companies for their overstock and returns inventory.
https://serve.castfire.com/audio/4616714/4616714_2024-04-11-202714.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the hot inflation report, if the Fed will have to raise interest rates to deal with sticky inflation, how the market is reacting to the inflation data, and everything you should know about reverse mortgages. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4611067/4611067_2024-04-10-215707.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Radio Flyer is about to reveal its new electric bike. The bike is called Flyer Via and the company says it’ll “combine performance and style, while delivering warm memories for the whole family.” The unveiling is set for Thursday at Radio Flyer’s flagship location at Woodfield Mall in Schaumburg.
Also, The Art Institute of Chicago has landed a $25 million donation that’ll be used to upgrade the museum’s visitor center.
https://serve.castfire.com/audio/4610918/4610918_2024-04-10-203918.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The tech job market in Chicago is expected to see a rebound in 2024 after layoffs and a venture capital funding slowdown last year. CompTIA, a nonprofit association for the information tech industry and workforce, says the Chicago area could see a nearly 1% increase in tech jobs this year. That would be about 2,135 jobs.
Also, Chicago-based climate tech company LanzaTech Global is one of 33 recipients across 20 states who could share $6 billion in funding from the U.S. Department of Energy. The money will fund projects focusing on commercial-scale decarbonization.
https://serve.castfire.com/audio/4607716/4607716_2024-04-09-233216.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about why the market has no confidence in the Fed, what he’s telling his clients about their portfolios, the economy still being strong, how many rate cuts he expects the Fed to make this year, and why he’s concerned that many investors are very bullish right now.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about how managers are handling workers who prefer to work independently. What do managers and workers need to know to have a productive relationship.
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about his experience being in Indianapolis yesterday to view the solar eclipse yesterday. Dennis also talks about restaurant chief R.J. Melman selling his Gold Coast home at full price, a St. Regis condo selling at almost $1.2 million off its 2021 price, and New Buffalo possibly getting new housing for priced-out local workers.
https://serve.castfire.com/audio/4607158/4607158_2024-04-09-192058.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new Redfin survey that shows 3/4 of Baby Boomers plan to stay in their homes and to break down SoFi’s Future of Work report. Ilyce also gives us an update on President Biden’s plan to eliminate some student loan debt.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about VC deal activity falling to its lowest level since 2017, a Chicago AI-based biotech startup raising $14 million, and Chicago tech jobs expecting to bounce back after 2023 layoffs.
Segment 3: Toshia Moss, Manager, Aurora Financial Empowerment Center, tells John about the financial services they offer to members of their community, how this empowerment center started, who is able to use the services, and what events they have planned to celebrate Financial Literacy Month.
https://serve.castfire.com/audio/4602837/4602837_2024-04-08-203237.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new report says Chicago Mayor Brandon Johnson has proposed a deal with airlines that would keep the O’Hare project on track. Crain’s reports the mayor has told the airlines about a plan that would change the order of construction of new terminals that would keep the revitalization project on track without eliminating key pieces of the plan. United and American Airlines want to build the global terminal replacement for Terminal 2 sooner rather than later.
Also, plans to build a dining and entertainment complex at Goose Island have been scrapped. It’s unclear why the development didn’t move forward.
https://serve.castfire.com/audio/4602501/4602501_2024-04-08-173601.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Food & Wine magazine is out with its Best Cities for Food and Drinks list and Chicago ranks third in the country. The magazine says Chicago has a diverse offering of foods that satisfy appetites across budgets.
Also, the downtown office vacancy rate climbed to 25.1% at the end of March. According to data from real estate services firm CBRE, it’s the first time the vacancy rate topped 25%. There’s been a new record high for seven straight quarters.
https://serve.castfire.com/audio/4595466/4595466_2024-04-05-215606.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Scott Hamilton, Gallagher’s Global Chairman of Human Resource and Compensation Consulting, breaks down the numbers behind today’s excellent labor report. What does the report mean for employers and employees, the Fed and interest rates, and for the economy moving forward.
Segment 2: Grace Fuller, General Manager, City Cruises Chicago, joins John to talk about their special cruise along Lake Michigan to view the solar eclipse!
Segment 3: Tia Angelos, Greektown Neighborhood Program Director, talks to John about this weekend’s annual Greek Heritage Parade in Greektown!
https://serve.castfire.com/audio/4595292/4595292_2024-04-05-192132.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about Fed Chairman Powell’s comments the last few weeks about the markets, the economy and interest rates, why the markets have been slipping this week, and how inflation is impacting consumers.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Amazon removing Just Walk Out technology from its Amazon Fresh stores, the estate of George Carlin agreeing to a settlement with the media company it sued over a fake hour-long comedy special that purportedly used artificial intelligence to recreate the late standup comic’s style and material, and Tesla sales falling sharply last quarter.
Segment 3: Steven Ellingsen, Founder & President, Somnium Hospitality Group, joins John to talk about his management and asset management company, how he helps his assets maximize performance, how business has been going, and the biggest challenges the industry faces.
Segment 4: Nichole Benolken, Managing Director, 360 Chicago, tells John about their viewing event for the upcoming solar eclipse.
https://serve.castfire.com/audio/4591946/4591946_2024-04-04-205346.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The outgoing Boeing CEO will also step down from his post on the Caterpillar board. Dave Calhoun is departing Boeing at the end of the year, as the company deals with a safety crisis. The planemaker is also under increasing scrutiny from federal regulators over issues with its manufacturing process. A regulatory filing says Calhoun won’t run for reelection at the Caterpillar shareholder meeting this year. The filing says the decision was not due to any disagreement with the company.
Also, office vacancies have hit a new record high in the U.S. First quarter stats show the number at nearly 20%, as more companies downsize their floor plans with employees working from home. Listen for more below:
https://serve.castfire.com/audio/4590208/4590208_2024-04-03-224508.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the stock market performance the last couple of days, the latest news on expected Fed rate cuts, and how inflation is impacting consumers despite the economy being strong. And, as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4590169/4590169_2024-04-03-211409.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
University of Chicago Medical Center medical residents and fellows are forming a union. More than 1,000 of them have announced plans to join the Committee of Interns & Residents, a division of Service Employees International Union. They’ve filed a petition for union election with the National Labor Relations Board. The doctors-in-training say their goal is to improve working conditions and patient care. Union leaders say the residents are overworked and underpaid. Their organizing effort is part of a larger local and national trend involving academic medical institutions.
Also, Rivian Automotive says it built and delivered more electric vehicles than expected in the first quarter. Listen for more below:
https://serve.castfire.com/audio/4588542/4588542_2024-04-02-215442.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how the rise in remote work is causing the demise of building friendships at work.
Segment 2: Jason Lesniewicz, Director of Cultural Tourism, Choose Chicago, tells John about the upcoming Sundance Institute x Chicago 2024 event that will feature artists programs, film screenings and events across the city that will be an opportunity to highlight Chicago’s vibrant cultural scene and bolster its status as a diverse and innovative filmmaking hub.
Segment 3: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John about the market pullback today, why he’s not concerned about the down market, what he expects the Fed to do with rate cuts, how inflation is currently impacting consumers, the concern over rising debt, and how you can make higher interest rates work for you.
https://serve.castfire.com/audio/4588472/4588472_2024-04-02-191012.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Matter, the health care incubator and innovation hub in Chicago, says applications for a new healthcare accelerator program are now being accepted. Matter and CareQuest Innovation Partners opened applications for Smile Health. The program’s in its third year for startups focused on the integration of oral health and overall health. Despite growing evidence that oral health is connect to general health, only 37% of Americans saw both a physician and dentist in the same year. Smile Health partners include Cigna Healthcare, Colgate-Palmolive Company and Delta Dental.
Also, a Chicago restaurant is making headlines for ditching servers so that it can better compensate back-of-house staff members. Listen for more below:
https://serve.castfire.com/audio/4587261/4587261_2024-04-01-201901.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how nearly 9 in 10 homeowners say the true cost of owning a home is higher than expected, how inflation has impacted Americans’ ability to save for retirement, and
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about Cameo raising $28 million in new funding, the influx in investment for the next-generation humanoid robots, and two Chicago startups getting federal funding.
Segment 3: Mark Braver, Partner, Fifty/50 Group, tells John about the strength of the restaurant business in Chicago, the biggest challenges facing restaurants, how they recently acquired Korgen Hospitality with the focus of expanding their consulting division.
https://serve.castfire.com/audio/4587205/4587205_2024-04-01-191805.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the latest data on inflation, the 5-month stock market rally, how many interest rate cuts he expects, why people are continuing to spend money, the concern over credit card debt, and why he’s encouraging proactive tax strategies for his clients.
Segment 2: Jeff Lawler, Owner, Geja’s Cafe, tells John about the history of the iconic fondue restaurant, what you will experience when you visit, the amazing ambience of the restaurant, and the launch of a new initiative that encourages those who have never experienced the art of fondue.
Segment 3: Greg McBride, Chief Financial Analyst, Bankrate, chats with John about a new Bankrate survey that shows two-thirds of savers still earn a savings account APY of less than 4%.
https://serve.castfire.com/audio/4585310/4585310_2024-03-29-190910.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “This Week in Wealth” on WGN Radio, joins John Williams to talk about how well the markets have performed this quarter, the rotation he’s seeing in the market right now, if he thinks interest rates will come down, and if he thinks people will see a big difference if there are 2 or 3 rate cuts.
Segment 2: Aki Ito, Chief Correspondent at Business Insider, joins John to talk about a new study that shows why people tend to live longer during a recession.
Segment 3: Bruce Dir, Owner/Founder, Tighthead Brewing Co. in Mundelein, joins John to talk about his brewing company, where the name ‘Tighthead’ comes from, how he made the transition from the corporate world to making beer, how long they have been in business, the popular beer they serve, the growth of the industry in Illinois, and how business has been the last few years.
Segment 4: Phil Stefani, Owner, Stefani Restaurant Group, tells John all about the triumphant return of Tavern on Rush!
https://serve.castfire.com/audio/4584831/4584831_2024-03-28-191731.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Online retailer Wayfair is hiring as it moves closer to opening its first physical store in Illinois in Wilmette. The grand opening is set for May 4 in the Edens Plaza Shopping Center. The company is hiring 200 people. Three hiring events are coming up in April at the Wilmette location.
Also, popular Mexican restaurant Uncle Julio’s has closed abruptly after more than three decades in Chicago’s Lincoln Park. Listen for more below:
https://serve.castfire.com/audio/4584734/4584734_2024-03-28-160834.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the incredible quarter for the stock market, how you should think about your investments if you are close to retirement age, and some great news regarding social security clawbacks! Terry also answers all of your financial questions.
https://serve.castfire.com/audio/4584400/4584400_2024-03-27-213700.128.mp3Terry Savage on helping fix the nation’s Social Security messMore with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, talks to John about the extended stock market rally, why he thinks a stock pullback could be healthy for the economy, why consumer sentiment is waning, his thoughts on Fed Chairman Powell saying we will have three rate cuts this year, and what he thinks rate cuts will mean for the market and the economy.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to explain why retaliation cases/complaints against businesses are rising and what businesses can do to prevent retaliation.
Segment 3: Ken Hendricks, President, Alter Brewing, tells John about the history of their beer company, what it was like to run the business through a pandemic, their Community Give Back Program that will help hyperlocal nonprofits, the support for The Invisible Wounds Foundation, supporting mental health of military service members and veterans, what beer is selling the most these days, the style of beer they offer, and how they distinguish themselves from other breweries.
Segment 4: Michael Schultz, Founder, Infuse Hospitality, talks to John about what companies need to do get people back working in the office.
https://serve.castfire.com/audio/4569913/4569913_2024-03-26-195913.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based McDonald’s says test results were so sweet with Krispy Kreme that their partnership is expanding nationally. That means you’ll be able to get Krispy Kreme donuts at every McDonald’s by the end of 2026. The rollout will happen gradually and some locations will get donuts later this year. It’s the latest effort by McDonald’s to attract customers for breakfast and all-day snacking. Both chains have been testing the new menu offering in about 160 McDonald’s stores in Kentucky. Results exceeding expectations. Three of Krispy Kreme’s most popular donuts will be sold at McDonald’s, including the original glazed, chocolate iced with sprinkles, and chocolate iced kreme-filled.
Also, more layoffs are happening than first reported at Chicago-based TransUnion. Listen for more below:
https://serve.castfire.com/audio/4565328/4565328_2024-03-26-173828.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the trends she saw from the Home and Housewares Show.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about female founders receiving a record high percentage of VC dollars last year, and a Chicago Shark Tank startup receiving a strategic investment for its Ed-tech AI tools.
Segment 3: Laura Dribin, Founder of Peritius Consulting, tells John about the prevalence of bad behavior in the workplace that has risen as more people continue to work remotely.
https://serve.castfire.com/audio/4546231/4546231_2024-03-25-200931.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Molson Coors is going retro for its latest Miller Lite ad campaign. Ad Age says an updated take on “Tastes Great, Less Filling” will hit airwaves soon. Retired athletes Mia Hamm, J.J. Watt, Reggie Miller, David Ortiz and Jorge Posada will be the the newest All-Stars featured in the commercials. “Tastes Great, Less Filling” dates back to the mid 70’s. Chicago’s Leo Burnett is the creative agency behind the new commercials. The first ad airs during college basketball coverage. More will be coming later this year during the Olympics and upcoming football season.
Also, a Chicago startup working on sensor technology to improve communication between firefighters has been named a rising star by mHub. Listen for more below:
https://serve.castfire.com/audio/4517041/4517041_2024-03-21-213741.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ted Rossman, Bankrate.com Senior industry analyst, joins John to break down Fed Chairman Powell’s comments yesterday, what that means for possible rate interest rate cuts this year, and how the market and the economy will be impacted.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about The Department of Justice suing Apple, Reddit to start trading today on the New York Stock Exchange, and Federal officials reviewing how airlines protect personal information about their passengers and whether they are making money by sharing that information with other parties.
Segment 3: Jessica Cardona, General Manager, Warehouse Bar and Pizzeria, joins John to talk about their new management, the type of pizza they offer, the customers they typically serve, how business has been going, and the support they show for the Purdue Boilermakers, even though they are located in Lincoln Park near DePaul.
Segment 4: Alex Goodfellow, Executive Director, Share our Spare, tells John about what their non-profit organization does, their mission to help Chicagoland children receive the essentials they need for healthy development, and the upcoming ‘Diaper Brackets for Good’ challenge, the second annual March Madness supply drive that aims to provide diapers for struggling parents with infants in the Chicago area.
https://serve.castfire.com/audio/4512583/4512583_2024-03-21-194123.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A promotion is coming for the McDonald’s President and CEO. Chris Kempczinksi will become the company’s chairman after its 2024 shareholders meeting. That meeting is usually held in May. The announcement comes as McDonald’s rolls out plans to open about 10,000 restaurants globally by 2027. Kempczinski says he’ll ensure that McDonald’s remains nimble and continues to build on the strength of the brand. McDonald’s is also aiming to double its loyalty program to $45 billion with a user base of 250 million customers.
Also, a luxury jeweler in Chicago is expanding. Listen for more below:
https://serve.castfire.com/audio/4507258/4507258_2024-03-20-214958.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about a victory on Social Security Horror Stories, what she expects to come from the recent comments by Fed Chairman Jerome Powell, and how many rate cuts she expects to see this year. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4507257/4507257_2024-03-20-214057.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Encyclopaedia Britannica is preparing for an initial public offering that would value it at about $1 billion. The education technology company and book publisher is also the owner of the Merriam-Webster dictionary. Bloomberg says Encyclopaedia Britannica may launch the IPO as soon as June. The company was founded 250 years ago and is the oldest English-language general encyclopedia. Britannica’s products get more than 7 billion page views annually and are used by more than 150 million students, according to its website.
Also, Joann is filing for bankruptcy after over 80 years in business. Listen for more below:
https://serve.castfire.com/audio/4506854/4506854_2024-03-19-210054.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how businesses can effectively celebrate March Madness, and his thoughts on Senator Bernie Sanders’ proposal for a 32-hour work week.
Segment 2: Jared Dillian, Best selling financial author of the new book, “No Worries: How to Live a Stress-Free Financial Life,” tells John about when he became interested in investing, what he learned from working on Wall Street, what you can do to make more money if that is a priority for you, the goal to have a healthy relationship with money, and tips to lead a stress-free financial life.
Segment 3: Robin Saks Frankel, Lead Editor, USA Today Blueprint, joins John to talk about their new survey on tipping. What state tips the most? The least? And are Americans become tired of tipping in general? Robin has the details.
https://serve.castfire.com/audio/4506823/4506823_2024-03-19-203323.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how the settlement reached between the National Association of Realtors and home sellers could impact the real estate world.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about startups pulling back hiring, and quantum and climate tech startups being showcased in a spring event from World Business Chicago.
Segment 3: Barry Sorkin Co-Owner, Smoque Steak and Smoque BBQ, joins John Williams to talk about how business has been going at Smoque and Smoque Steak, the decision to launch Uppercut Sandwich Company in Revival Food Hall, and the opening of a new wine bar as part of Smoque Steak.
https://serve.castfire.com/audio/4506416/4506416_2024-03-18-203616.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about this week’s hot inflation data, how inflation is typically impacting the consumer, why he’s cautiously optimistic about the market, and how many Fed rate cuts he expects this year.
Segment 2: Tom Appel, Publisher, Consumer Guide Automotive, and host of the Consumer Guide Car Stuff podcast, joins John to talk about shareholders losing patience with Rivian, how the EV market is performing, and Nissan and Honda’s EV partnership. Tom also answers your automotive questions!
https://serve.castfire.com/audio/4505752/4505752_2024-03-15-181852.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Chicago-based National Association of Realtors has agreed to settle several lawsuits and pay nearly $400 million in damages. As part of the settlement, the real estate trade group will eliminate its rules on commissions. The decision could mean significant savings for homeowners when they buy or sell property because the standard 6% commission paid to realtors could go away. At the heart of the lawsuits were allegations of anti-competitive behavior. Until now, NAR mandated that a seller’s agent make an offer of payment to the buyer’s agent. Those rules include the industrywide standard commission, which is among the highest in the world. This change will require real estate agents to lower their commissions.
Also, Groupon says its liquidity and performance has improved enough that the company no longer has concern about staying in business. Listen for more for more below:
https://serve.castfire.com/audio/4505715/4505715_2024-03-15-174315.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the latest inflation data impacting the market, what he expects the Fed to do with interest rates, and where you can find opportunity in the market right now.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about the U.S. housing passing a bill that could ban TikTok, and robotaxis set to begin cruising the streets of Los Angeles.
Segment 3: Dale Buss, Contributing Editor of Chief Executive Magazine and Founder/Executive Director of The Flyover Coalition, joins John to talk about weight-loss drugs are impacting food companies.
Segment 4: Dawn Evans, Marketing Director, International Housewares Association, talks to John about how the housewares industry is responding to consumer trends: what they want, what they need, what will make their lives easier, and happier!. Dawn will be talking about these trends at The Inspired Home Show at McCormick Place on Monday.
https://serve.castfire.com/audio/4505368/4505368_2024-03-14-192308.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to share her thoughts on Women’s History Month, and to answer all of your financial questions. John and Terry are also joined by IRS spokesperson Eric Smith, who answers all of your tax filing questions.
https://serve.castfire.com/audio/4505026/4505026_2024-03-13-212526.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based CME Group will apply to clear U.S. Treasuries this year. It becomes the first exchange company to publicly announce plans to enter the world’s biggest bond market. New rules by the Securities and Exchange Commission will change the way trades are finalized, forcing more trades through a clearing house. A clearing house sits between a buyer and seller to prevent default and crises cascading through the system. CME, the world’s biggest futures and options exchange, wants to be one of those clearing houses for the $27 trillion treasury market.
Also, Illinois’ two main fiscal forecasting agencies say the state’s finances will see a strong year but will tighten next year. Listen for more below:
https://serve.castfire.com/audio/4504964/4504964_2024-03-13-185904.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Hoffman Estates-based Claire’s will partner with Walgreens and that means some Claire’s products will soon be available at drugstore locations. Claire’s jewelry, hair accessories and cosmetics will be sold in more than 4,400 Walgreens stores nationwide. Those products will be featured in the seasonal sections of Walgreens stores. Financial details of the deal haven’t been disclosed. Claire’s has partnered with more than 40 retailers, including Macy’s, CVS, Walmart and Amazon.
Also, Archer Daniels Midland’s new annual report revises its intersegment sales for the last three years to the tune of tens of millions of dollars. Listen for more below:
https://serve.castfire.com/audio/4504627/4504627_2024-03-12-213627.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about their 2024 Talent Index that showed only 39% respondents were satisfied or very satisfied with their current job. Tom gives us the details behind these numbers.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to examine if there are any “magic words” that carry real weight when they are incorporated into a company Mission Statement.
Segment 3: Ben Azulay, president and managing director of Chicago-based Bradford Allen, joins John to talk about what the spring looks like for the Chicago office market, office activity starting to tick up, and why there is a lot of opportunity for tenants and landlords alike.
Segment 4: Jason Lesniewicz, Director of Cultural Tourism, Choose Chicago, tells John about all the amazing things you can do in Chicago to celebrate St. Patrick’s Day this weekend!
https://serve.castfire.com/audio/4504581/4504581_2024-03-12-195621.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the cyberattacks that have been impacting health care providers, gas prices continuing to rise, and a new report showing that 47% of parents still financially support their adult children.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about a Chicago startup appearing on Shark Tank for its thermometer for pets, DePaul University investing in startups, and battery startup Nanograf expanding to a new space in the West Loop.
Segment 3: Nicole Flevaris, Owner, Kinzie Chophouse, joins John to talk about the new twists on their menu, being a successful woman in a typically male dominated field, and the next editioin of their Guest Chef Dining Series.
https://serve.castfire.com/audio/4504173/4504173_2024-03-11-194213.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Electric vehicle maker Rivian will get an incentive package from the State of Illinois after it announced plans to make a new model in downstate Normal. Rivian says it’ll make its new R2 SUV there after pausing plans to build a new factory in Georgia. The Illinois Department of Commerce & Economic Opportunity says the elements of the package are still being finalized and will be made public after the package takes shape. Rivian employs about 8,000 people at the downstate plant. It’s possible the company will expand the plant to produce even more vehicles.
Also, the Justice Department has launched a criminal investigation into the Boeing jetliner blowout on an Alaska Airlines flight back in January. Listen for more below:
https://serve.castfire.com/audio/4504172/4504172_2024-03-11-192812.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to talk about President Biden’s push to cap credit card late fees, the amount of credit card debt people are holding, his observations on the latest labor report, what the Fed will deduce from the job report, and what this report could mean for interest rate hikes down the road.
Segment 2: Emily Stewart, Senior Correspondent, Business Insider, tells John about the recent ups and downs of Bitcoin.
Segment 3: Mark Scozzafave, Director of Music Ministries for Old St. Patrick’s Church, tells John about how they are celebrating St. Patrick’s Day this year including the Siamsa na nGael event on Monday at Symphony Center.
https://serve.castfire.com/audio/4503549/4503549_2024-03-08-202849.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A DePaul University funding group that focuses on startups has made two new investments. The DePaul Halperin Emerging Company Fund has awarded $100,000 each to Alphathena and Mooski Snacks. Alphathena is artificial intellegence-powered investment firm. Mooski Snacks makes fresh granola bars. Alphathena is based in Warrenville. Mooski started in California but has ties to Chicago.
Also, the Centers for Disease Control has awarded $14 million to Chicago health company HabitNu. Listen for more below:
https://serve.castfire.com/audio/4503495/4503495_2024-03-08-180535.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based United Airlines could finally see its level of traffic at O’Hare move above pre-pandemic levels this summer. The airport as a whole, though, is still lagging behind 2019 levels. United will likely see its total seat capacity climb 3% in July above pre-pandemic levels. That’s according to Chicago Department of Aviation data. That report shows both of Chicago’s airports had strong, steady year-over-year growth. Nearly 74 million passengers traveled through O’Hare last year, a roughly 8% increase over 2022. Midway saw more than 22 million passengers in 2023, a roughly 11% increase. Midway surpassed its pre-pandemic passenger total by 5.5% but O’Hare is still about 13% below the 2019 level.
Also, battery technology company NanoGraf has leased a big warehouse close to its Near West Side headquarters. Listen for more below:
https://serve.castfire.com/audio/4503173/4503173_2024-03-07-212813.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John his thoughts on when the Fed might cut interest rates, why the Fed is happy to keep interest rates where they are at right now, and the impact of higher interest rates on the economy.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about a gormer software engineer at Google being charged with stealing artificial intelligence trade secrets from the company while secretly working with two companies based in China, Elon Musk suing Open AI, and EU regulators saying they want to question Apple over accusations that it blocked video game company Epic Games from setting up its own app store.
Segment 3: John Manchester, CEO and Owner, Windy City Sweets, talks to John about their business, how they set themselves apart from other candy companies, what makes their treats special, how business has been going, and how they ended up having a collection of their sweets in a ‘swag bag’ at the Academy Awards this weekend.
Segment 4: Christiana Trapani, Owner, Door County Candle Company, tells John about the 2-year anniversary of making their Ukraine Candle, where 100% of profits are donated to Razom for Ukraine, a Ukrainian 501 (c)(3) organization. They have raised $1,000,000 to date! Incredible!
https://serve.castfire.com/audio/4503153/4503153_2024-03-07-203853.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about gold being at all-time highs (but not keeping up with the stock market), what you should know about Bitcoin, and the takeaways from Fed Chairman Fed Powell testifying before Congress. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/4502814/4502814_2024-03-06-230314.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Steelcase furniture is leaving the Merchandise Mart and moving its Chicago showroom to the Fulton Market District. The company, based in Grand Rapids, MI., has leased 28,000 square feet at 811 W. Fulton. Steelcase will occupy the showroom there that was previously the home of MillerKnoll furniture. Steelcase has had its showroom at the Merchandise Mart for 50 years.
Also, the rolling closure of Walgreens-operated VillageMD clinics in Illinois has resulted in dozens of job cuts. Listen for more below:
https://serve.castfire.com/audio/4502705/4502705_2024-03-06-175705.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about what’s causing the markets being off today, how AI is driving the market, what he expects from the economic data set to be released later this week, the latest news on cryptocurrency investment, and how many rate cuts does he expect to make this year.
https://serve.castfire.com/audio/4502393/4502393_2024-03-05-213933.128.mp3Call Craig now to see how your spending, savings, investing, impacts your chances of always having the money you need for the life you want. 833-WMG PLAN.
Recent PostsJohn WilliamsEvanston H.S. will not allow cell phones in classrooms.cls-7{fill:#fff;fill-rule:evenodd}John Williams Best of Speed Jokes 4-26-24.cls-7{fill:#fff;fill-rule:evenodd}John Williams, Mincing Rascals Live at Winter’s Jazz Club.cls-7{fill:#fff;fill-rule:evenodd}How Dom’s employee found out store was closing.cls-7{fill:#fff;fill-rule:evenodd}Your Hometown: Marianjoy Rehabilitation Hospital.cls-3{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about what’s causing the markets being off today, how AI is driving the market, what he expects from the economic data set to be released later this week, the latest news on cryptocurrency investment, and how many rate cuts does he expect to make this year.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a Frank Lloyd Wright house in Wilmette going on sale, the current state of the residential market in the Chicago area, and the Illinois Policy Institute launching a push against Chicago’s real estate transfer tax measure.
https://serve.castfire.com/audio/4502382/4502382_2024-03-05-202522.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
New stats show the retail vacancy rate in Chicago’s Loop increased to 30% in 2023. That’s the fourth year in a row the vacancy rate has gone up, according to a report from Stone Real Estate, a retail brokerage firm that tracks Loop vacancies. The figure is up from 28% in 2022 and it’s more than double the pre-pandemic rate of 15%. Analysts say ongoing remote work for office workers is mostly to blame. The latest figures show only about 55% of Chicago workers are back in the office.
Also, the latest job cuts at Rivian included 100 workers laid off in Illinois. Listen for more below:
https://serve.castfire.com/audio/4502316/4502316_2024-03-05-172616.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jim Dallke, National Editor, American Inno, talks to John about Chipotle raising $100M to invest in food startups, Southwest Airlines investing $30M in clean energy startups that makes sustainable jet fuel, and Figure, a humanoid robot, raising money to bring its human-like AI robots to the factory floor.
Segment 2: Jill O’Donovan, Impact Advisor to YWCA, joins John to talk about launching the WOMN ETF, an investment product created by Impact Shares, and how it benefits the YWCA in their mission to empower women everywhere.
https://serve.castfire.com/audio/4502025/4502025_2024-03-04-213625.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Chicago-based spinoff of Kellogg’s, Kellanova, has put an ad in a Kansas City newspaper trying to get the attention of pop artist Taylor Swift. The company wants Swift’s recipe for homemade Pop Tarts. Swift reportedly made her version of Pop Tarts for the Chief’s offensive line. The Kellanova ad reads in part, “we’re tortured not knowing more about this DIY delight. What’s the filing? Does it have frosting? Do they have little holes?” Kellanova has made a donation to a Kansas City food bank and has promised a bigger donation if she shares her recipe.
Also, Deerfield-based Walgreens is launching a strategic review of the company. Listen for more below:
https://serve.castfire.com/audio/4501981/4501981_2024-03-04-202121.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Corporate expansion magazine Site Selection has named the Chicago area as the top region in the country for corporate investment. It’s the 11th year in row for the designation. The magazine says Chicago continues to outpace all other regions in the country with an influx of new corporate locations and expansions. Last year, World Business Chicago issued a year-end report that said there 163 pro-Chicagoland decisions that created more than 23,000 job opportunities. According to Crain’s, those decisions included 117 expansions and 46 relocations or new market entries to the area. They generated about $1.9 billion in earnings.
Also, Chicago Ridge Mall has been purchased by a Florida investment group for an undisclosed price. Listen for more below:
https://serve.castfire.com/audio/4501344/4501344_2024-03-01-212844.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the markets starting off 2024 strong, how we are starting to see broadening of the market, how the implementation of AI is impacting the economy, why gas prices are rising right now, the effort to keep fighting inflation, and when the Fed will likely cut rates again.
Segment 2: Luke Carlson, CEO, Discover Strength, joins John to talk about the concept behind their workout program, the benefits of this strength training program, how people use their services, and their new studio opening in Chicago next week.
Segment 3: Sarah Cox, Curator of Exhibits, Elmhurst History Museum, tells John about the new exhibit, Victory at Home: 1941-1945, which explores the national effort to support the military during the war.
https://serve.castfire.com/audio/4501330/4501330_2024-03-01-205830.128.mp3
Segment 1: Rich Snodgrass, Superintendent of Special Facilities, Centre Court Athletic Club Manager, Hanover Park Park District, joins John to talk about the incredible tennis and pickleball facilities that have brought life back into the park district.
Segment 2: Abrar Al-Heeti, technology reporter for CNET, talks to John about Apple reportedly winding down its long-running electric car project, Microsoft using AI to stop phone scammers, and TikTok removing even more songs in their battle with Universal Music Group.
Segment 3: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about disabled Americans being underutilized in the workforce, and why we should care about the decline of the U.S. dollar as reserve currency.
https://serve.castfire.com/audio/4500943/4500943_2024-02-29-205743.128.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about social security clawbacks, the market continuing to make new highs, and what you should know about your investments if you are getting closer to retirement age. And as usual, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4500599/4500599_2024-02-28-225839.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Another pickleball company is preparing an expansion into the Chicago market. Pickleball Kingdom is actively looking for a location for its first local facility. The company currently has two locations in Arizona and Texas and has plans to open a dozen other clubs across the U.S. Pickleball Kingdom features professional-grade courts, state-of-the-art lighting, sound systems, and other amenities. No timeline for the expansion has been disclosed. A new pickleball facility opened recently in Naperville and six new pickleball courts are now open in Grant Park.
Also, the American Dental Association appears ready to move its Chicago headquarters from Streeterville to the southern end of the Magnificent Mile. Listen for more below:
https://serve.castfire.com/audio/4500536/4500536_2024-02-28-193736.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the importance of addressing mental health in the workplace.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the move to rescind, redraw or revoke prior remote work policies is creating some notable waves and risks for employers and employees.
Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the market rally pulling back a bit, what would happen to the markets if the Fed were more aggressive with rate cuts, the amount of debt that is still out there, and where he would suggest you put your investments right now.
Segment 4: Derek Poitras, General Manager, Flyover, tells John everything we should know about the new immersive flying experience opening March 1st at Navy Pier.
https://serve.castfire.com/audio/4500181/4500181_2024-02-27-201821.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Amazon joining the Dow Jones, the amount of online accounts people have, and FTC suing to block the Kroger-Albertsons merger, arguing a deal would raise grocery prices and hurt workers.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about the impact Super Bowl ads can have on startups, and a startup out of Boston creating a robot that can perform full manicures.
Segment 3: Arlene Schiff, RN, BSN, Education Specialist, Elderwerks, talks to John about the mission of Elderwerks, and what older adults can do to overcome isolation.
https://serve.castfire.com/audio/4499802/4499802_2024-02-26-203902.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Home prices in the Chicago area rose by about 10% in January. It’s the first double-digit increase since the height of the COVID housing boom. Illinois Realtors says the median home price in the nine-county metro area was $315,000. The metro Chicago increase was just 6.3%. Analysts say the increase is largely the result of buyers paying premium prices because there are so few homes on the market. The available inventory of homes in December was the smallest in 17 years.
Also, Allstate is selling a Wacker Drive office building that the insurer had been eyeing for its headquarters. Listen for more below:
https://serve.castfire.com/audio/4499217/4499217_2024-02-23-214617.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about how many Fed rate cuts he expects to see this year, the economy still being incredibly strong, why the market tends to be volatile during an election year, and the biggest takeaways from Governor Pritzker’s budget address.
Segment 2: Weslynne Ashton, Professor of Environmental Management and Sustainability, Illinois Tech, joins John to talk about a $1 million dollar grant they received from the USDA to transform food procurement for greater equity and sustainability.
Segment 3: Nora Naughton, Senior reporter covering the automotive industry, Business Insider, tells John why President Biden may ease EV requirements this year.
https://serve.castfire.com/audio/4499156/4499156_2024-02-23-205156.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based United Airlines has opened its new Flight Training Center in Denver. The 150,000 square foot facility will help the airline train 240 more pilots. It includes 12 new flight simulators. United’s operation in Denver is said to be the largest facility of its kind in the world with the addition of this new building. In all, there’s 700,000 square feet of training space and 46 state-of-the-art full-motion flight simulators.
Also, job cuts have been announced at Rivian Automotive. Listen for more below:
https://serve.castfire.com/audio/4499017/4499017_2024-02-23-152917.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about the narrow market and why he expects the market to broaden later this year.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Nvidia shares being way up after the company posted stronger-than-expected results for its latest quarter, The FDA saying smartwatches and rings that claim to measure blood sugar levels for medical purposes without piercing the skin could be dangerous and should be avoided, and President Joe Biden signing an executive order and creating a federal rule aimed at better securing the nation’s ports from potential cyberattacks.
Segment 3: Sheila Weinberg, Founder and CEO, Truth in Accounting, talks to John about Governor Pritzker’s budget address and the actual financial state of Illinois.
Segment 4: Barb Weber, Founder, Barb’s Precious Rescue, talks to John about her rescue in Palatine celebrating 10 years of saving animals.
https://serve.castfire.com/audio/4498763/4498763_2024-02-22-200903.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the markets being stagnant, if the economy is poised to slow down, the concern over credit card debt, and why companies laying off significant numbers of workers is worrisome. Terry also takes your financial questions.
Segment 2: Lucia Annunzio, president and CEO of the Center for High Performance, tells John what bosses can do to stop the ‘meeting after the meeting.’
Segment 3: John Wober, President of Airbrands and Chicago Hospitality Partners, talks to John about how his team is working to transform the food and beverage options at O’Hare Airport.
https://serve.castfire.com/audio/4498409/4498409_2024-02-21-220309.128.mp3More with Terry SavageRecent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Deerfield-based Walgreens is being replaced on the Dow Jones Industrial Average. The pharmacy chain will be replaced by Amazon effective Feb. 26. The change is set to happen prior to the start of trading next Monday. The addition of Amazon is a major milestone in the retailer’s continuing expansion but another setback for Walgreens, which has seen its value drop during the past year. The company did narrow its losses in the most recent quarter to $278 million from $3.8 billion a year ago. Walgreens has been a Dow component since 2018.
Also, a company that makes cultivated meat is slowing its expansion and that means a project in Glenview is on hold for now. Listen for more below:
https://serve.castfire.com/audio/4498382/4498382_2024-02-21-214422.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Capital One says it plans to keep the Discover brand after announcing a deal to buy the Riverwoods-based financial services company. It’s an all-stock deal valued at $35 billion and could close later this year if it gets regulatory approval from the government. The deal would create the largest U.S. credit card company by loan volume. Until now, Capital One has had to rely on Visa or Mastercard to issue its credit cards. This deal would enable the company to cut out those middle men. The Virginia-based Capital One is the 12th largest U.S. bank as of the third quarter. Discover is the 33rd biggest.
Also, North Chicago-based Abbvie has a new CEO. Robert Michael will replace Richard Gonzalez, who’s retiring. Listen for more below:
https://serve.castfire.com/audio/4497977/4497977_2024-02-20-222517.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to explain why some performance reviews will be tougher this year, and the best way to find a job right now.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about Chicago startup Hackerverse being selected for the Google AI cybersecurity accelerator, a Chicago startup working to bring hydrogen fuel to market raising $4.5M, and a startup led by the founder of Orbitz shutting down.
Segment 3: Peter Kafka, Chief Correspondent, Business Insider, joins John to talk about the rise of YouTube TV.
https://serve.castfire.com/audio/4497878/4497878_2024-02-20-203818.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Another Chicago startup, developing a cybersecurity marketplace driven by artificial intelligence, has been selected for Google’s cybersecurity accelerator program. Hackerverse is one of five U.S.-based companies and one of 17 to be selected by Google. The accelerator program offers free support for each startup and allows those startups to work one-on-one with Google AI and cybersecurity experts. Hackerverse uses automated demos to give chief information security officers and other buyers an opportunity to find cybersecurity solutions.
Also, a seed round has landed a Chicago fuel startup $4.5 million. Listen for more below:
https://serve.castfire.com/audio/4497526/4497526_2024-02-19-221326.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new report from Redfin that found that the typical homeowner is spending nearly 12 years in their home, and how Americans define, ‘middle class.’
Segment 2: Uudimoh Umolu, Founder of Jon Basil Tequila, tells John about his Chicago-based tequila business, what got him into the business of tequila, how long he has been in business, what sets his brand apart from others, how their brand transcends demographics, their goal of creating experiences, and the types of tequila they offer.
Segment 3: Elmwood Park Village President Angelo “Skip” Saviano tells John everything you need to know about this year’s Elmwood Park Restaurant Week.
https://serve.castfire.com/audio/4497498/4497498_2024-02-19-201238.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new president has been named at the The School of the Art Institute of Chicago. Jiseon Lee Isbara will replace Elissa Tenny, who announced her retirement last year.
Isbara will be the first minority woman to head the school. She’s Korean-born and has been serving as provost of Otis College of Art & Design in Los Angeles. During a 16-year tenure at the college, she was a teacher and served in several leadership positions.
Also, Technology distributor Newark Electronics is closing its Chicago office. Listen for more below:
https://serve.castfire.com/audio/4496917/4496917_2024-02-16-212317.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the disappointing economic data released this week and how it’s impacting the market, how this economic news will impact inflation, the consumer softening tremendously, why he’s advising clients to get back to basics with their investments, and when he expects the Fed to cut rates later this year.
https://serve.castfire.com/audio/4496896/4496896_2024-02-16-204436.128.mp3Call Craig now to see how your spending, savings, investing, impacts your chances of always having the money you need for the life you want. 833-WMG PLAN.
Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the disappointing economic data released this week and how it’s impacting the market, how this economic news will impact inflation, the consumer softening tremendously, why he’s advising clients to get back to basics with their investments, and when he expects the Fed to cut rates later this year.
Segment 2: Roz Stuttley, Choose Chicago‘s Director of Equity, Diversity and Inclusion, tells John about all the great Black History Month events taking place around Chicago.
Segment 3: Cyndi Bray, Creator, Wad-Free for Bed Sheets, tells John about her amazing product that prevents your sheets from balling up in the laundry!
https://serve.castfire.com/audio/4496893/4496893_2024-02-16-205133.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Jennifer Streaks, Senior Personal Finance Reporter, Business Insider, joins John to talk about tax season and deductions you might not be aware of, and four places to put your money if you’re not ready to buy a home.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about New York City, its schools and public hospital system suing tech giants Facebook, Instagram, TikTok, Snapchat and YouTube for fueling a childhood mental health crisis that is disrupting learning and draining resources, and Waymo issuing a recall for the first time due to a software concern after two of its self-driving vehicles hit the same pickup truck that was being towed.
Segment 3: Alessandro DiSanto, CFO, Hallow, joins John to talk about their prayer app, the bump they received from their Super Bowl commercial featuring Mark Wahlberg, how they make their app financially viable, who uses the app, how people use the app, their goal of accessibility, and what he hoped to achieve from the Super Bowl ad.
Segment 4: Stephen Fluhr, Senior Vice President of Development at Unibail-Rodamco-Westfield, tells John about the the first phase of the landmark transformation of Westfield Old Orchard in Skokie which includes approximately 400 luxury apartment homes and street-level retail, along with a park and event space.
https://serve.castfire.com/audio/4496516/4496516_2024-02-15-212416.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the market movement the last couple of days, the market still near all-time highs, why you shouldn’t get scared out of the mortgage market, and the latest Allianz Life “Women, Money, and Power” study. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4496138/4496138_2024-02-14-221838.128.mp3More with Terry SavageRecent PostsJohn WilliamsEvanston H.S. will not allow cell phones in classrooms.cls-7{fill:#fff;fill-rule:evenodd}John Williams Best of Speed Jokes 4-26-24.cls-7{fill:#fff;fill-rule:evenodd}John Williams, Mincing Rascals Live at Winter’s Jazz Club.cls-7{fill:#fff;fill-rule:evenodd}How Dom’s employee found out store was closing.cls-7{fill:#fff;fill-rule:evenodd}Your Hometown: Marianjoy Rehabilitation Hospital.cls-3{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Bollingbrook-based ATI Physical Therapy has announced the formation of a research arm that’ll focus on musculoskeletal science. ATI is one of the biggest physical therapy providers in the U.S. and has 900 locations in 24 states. The company says the formation of The Institute for Musculoskeletal Advancement will help advance scientific research while providing resources and opportunities to PT professionals. Areas of focus will include post-operative and non-operative outcomes; early access to care; treatment fidelity and value-based care. An application’s been made to make the institute an independent non-profit, research-based institution.
Also, The Museum of Contemporary Art Chicago may be the next cultural institution where employees are unionized. Listen for more below:
https://serve.castfire.com/audio/4496129/4496129_2024-02-14-223029.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John give advice on how you can fix a bad relationship with your boss.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the risks of marital discrimination in the workplace.
Segment 3: Phyllis Cavallone-Jurek, Executive Director, Ladder Up, talks to John about the mission of Ladder Up to give people the resources they need to move up the economic ladder, the free services they offer, how people can access their services, and where they are located throughout the Chicago area.
Segment 4: Ted Rossman, Bankrate.com Senior industry analyst, joins John to explain the “yours, mine and ours” school of budgeting.
https://serve.castfire.com/audio/4494719/4494719_2024-02-13-205519.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about why the housing shortage will be here for a while, The median U.S. asking rent rising 1.1% year over year to $1,964 in January, how much money you can save on taxes if you moved to a different state, and the jobs that have the biggest share of women and men.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about Chicago startup Hallow’s Super Bowl commercial, a Chicago startup has created a fantasy sports-type app but for reality TV, and Chicago startup GigaStar letting investors invest in a YouTube star for a percentage of that performer’s future revenue.
Segment 3: Dobra Bielinski, the delightful owner of Delightful Pastries in Jefferson Park, joins John to talk about how they are preparing for Pączki Day!
https://serve.castfire.com/audio/4494354/4494354_2024-02-12-201354.128.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago startup giving YouTube creators access to funding and strategic investors has announced new funding. GigaStar raised $3 million, bringing its total fund raising since 2022 to $8 million. GigaStar bills itself as the only investment platform focused on providing investors access to the creator economy. YouTube creators on the platform can offer a percentage of their channel’s future revenue during a public offering. Chicago Inno says GigaStar has raised for than $1.2 million so far for creators with more 12,000 investor accounts registered.
Also, Chicago unicorn Kin Insurance has raised $15 million in new funding it’ll use to accelerate growth. Listen for more below:
https://serve.castfire.com/audio/4494297/4494297_2024-02-12-182437.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s Department of Planning & Development has approved Bally’s revised site plan for a casino in River West. The company had to rework the original plan because it could’ve damaged major water lines near the Chicago River. The revised plan will include a 100-room hotel above the casino. The initial plan called for 500-room hotel tower. Developers will find a new site for that tower elsewhere. The development will also include a 3,000 seat entertainment venue, dining and retail, parking garage and river walk. Construction is set to begin this summer.
Also, Mayor Brandon Johnson is reportedly considering a list of recommendations aimed at cutting red tape for developers in Chicago. Listen for more below:
https://serve.castfire.com/audio/4493344/4493344_2024-02-09-214344.64kmono.mp3Recent PostsWintrust Business LunchNew owners of The Onion to keep staff intact in Chicago.cls-4{fill:#000;}Inflation fight, market tension, Tesla sales decline.cls-7{fill:#fff;fill-rule:evenodd}Peggy Notebaert Nature Museum gets a brand makeover.cls-4{fill:#000;}Market slide, TikTok ban, Wildflower Mercantile.cls-7{fill:#fff;fill-rule:evenodd}Terry Savage: We may not have rate cut this year.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the latest inflation data and what the Fed will likely do with interest rates. Terry also answers all of your financial questions. Terry also introduces us to Andy McDermott, Founder & Chief Development Officer, Intentional Sports. Andy tells us about his mission to deliver equitable […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how to hire quality people when your company is embroiled in controversy. Segment 2: Max Adams, senior editor overseeing markets coverage, Business Insider, talks to John about how the crashing office market will deepen the economic ‘doom loop‘ for America’s cities. Segment […]
Segment 1: Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about why credit is hard to get today, the average credit card debt per household continuing to rise, how consumer wealth has reset from the pandemic, and why the 5-day commute is dead. Segment 2: Segment 2: Jim Dallke, National Editor, American Inno, […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. Chicago’s CME Group will launch options on Micro Gold futures starting October 2nd, pending regulatory review. The Group started smaller-sized Gold and Silver futures over a decade ago and says that’s seen a big increase in the last five years. Also, […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the chances we see a recession, the Fed’s battle to bring down inflation, how the markets have been performing since June, what is going on with the housing market, and Segment 2: Cecilia Cuff, Co-owner, Bronzeville Winery, talks to John about […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Kroger and Albertsons have agreed to sell 413 stores to C&S Wholesale Grocers as the companies try to win antitrust approval for their $24.6 billion merger. C&S will pay $1.9 billion in cash for the stores, which are mostly located in […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Grocery store chains Kroger and Albertsons are in talks with a third-party company to buy some stores, in a move aimed at winning regulatory approval for their merger. Bloomberg reports some stores could be sold to C&S Wholesale Grocers. The companies […]
Segment 1: Justin Reppy, Senior Advisor, Goldstone Financial Group, talks to John about the likelihood we see a recession in the next year, the Fed’s goal to get inflation down to 2%, and how we should be preparing our portfolio for an uncertain economy. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about what we know about […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about Chicago’s proposed real estate transfer tax, the latest on student loans, and the Fed’s ongoing effort to curb inflation. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/4156376/4156376_2023-09-06-212916.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute
TreeHouse Foods is selling its snack bars business for $63 million. The Oak Brook-based company is selling to John B. Sanfilippo & Son in Elgin. The company makes, packages and distributes nuts, cheese and snack bars, including brands like Orchard Valley Harvest and Southern Style Nuts. Crain’s reports the deal is expected to close in about a month. TreeHouse is the largest manufacturer of private-label food products in North America. It used to be part of Dean Foods.
Also, a major technical problem led to a ground stop for United Airlines on Tuesday. Listen for more below:
https://serve.castfire.com/audio/4156336/4156336_2023-09-06-194936.64kmono.mp3Wintrust Business LunchRecent PostsTerry Savage: Markets worried about interest rates.cls-7{fill:#fff;fill-rule:evenodd}Oak Brook-based TreeHouse sells for $63 million.cls-4{fill:#000;}Managing up, office perks, Printers Row Lit Fest.cls-7{fill:#fff;fill-rule:evenodd}Whole Foods to sell dairy-free cream cheese nationwide.cls-4{fill:#000;}Four-day work weeks, UAW, Chicago Brew Pass.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss how you can succeed at work by managing up.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about companies beginning to roll back office perks and how both employers and employees can make the changes keep everyone happy.
Segment 3: Jim Dallke, National Editor, American Inno, talks to John about a conservative activist suing an Atlanta VC fund over its efforts to invest only in Black women startup founders.
Segment 4: Amy Danzer, Director of Programming, Printers Row Lit Fest, tells John everything we need to know about the upcoming Lit Fest.
https://serve.castfire.com/audio/4155986/4155986_2023-09-05-192926.128.mp3Wintrust Business LunchRecent PostsTerry Savage: Markets worried about interest rates.cls-7{fill:#fff;fill-rule:evenodd}Oak Brook-based TreeHouse sells for $63 million.cls-4{fill:#000;}Managing up, office perks, Printers Row Lit Fest.cls-7{fill:#fff;fill-rule:evenodd}Whole Foods to sell dairy-free cream cheese nationwide.cls-4{fill:#000;}Four-day work weeks, UAW, Chicago Brew Pass.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago maker of meat and dairy alternatives has added another product to store shelves. Nature’s Fynd says Dairy-Free Original Cream Cheese is being added at select Whole Foods Markets nationwide. The company says the rollout will happen from the Pacific Northwest to the Rock Mountains and then to the East Coast. The product is lactose-free, nut-free, soy-free and certified Kosher and Nature’s Fynd says it matches traditional cream cheese in taste. The company uses a fungi protein in its products, which also include Meatless Breakfast Patties. Growing the fungi uses a fraction of the water, land and energy required for traditional agriculture.
Also, a new report says Chicago could soon double its data center capacity in the coming years. Listen for more below:
https://serve.castfire.com/audio/4155987/4155987_2023-09-05-192027.64kmono.mp3Wintrust Business LunchRecent PostsTerry Savage: Markets worried about interest rates.cls-7{fill:#fff;fill-rule:evenodd}Oak Brook-based TreeHouse sells for $63 million.cls-4{fill:#000;}Managing up, office perks, Printers Row Lit Fest.cls-7{fill:#fff;fill-rule:evenodd}Whole Foods to sell dairy-free cream cheese nationwide.cls-4{fill:#000;}Four-day work weeks, UAW, Chicago Brew Pass.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to tell us about the current bank interest rates. He then discusses a recent survey which found that 89% of the American workforce prefers a four-day work week.
Segment 2: Dale Buss, Contributing Editor of Chief Executive Magazine and Founder/Executive Director of The Flyover Coalition, joins John to talk about United Auto Workers, as the strike deadline is approaching.
Segment 3: Jason Lesniewicz, Director of Cultural Tourism at Choose Chicago, joins the show to talk about the new Chicago Brew Pass!
https://serve.castfire.com/audio/4155229/4155229_2023-09-01-194729.64kmono.mp3Wintrust Business LunchRecent PostsFour-day work weeks, UAW, Chicago Brew Pass.cls-7{fill:#fff;fill-rule:evenodd}Walgreens CEO steps down.cls-4{fill:#000;}AI stock market, quantum computing, Alpine Food Shop.cls-7{fill:#fff;fill-rule:evenodd}Data shows big jump in job cuts across Chicago area.cls-4{fill:#000;}Terry Savage: Warning signs of a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The CEO of Walgreens is stepping down by mutual agreement with the company’s board of directors. Roz Brewer’s departure comes after about two years at the helm of pharmacy chain. She accomplished two firsts at Walgreens, become the company’s first black and woman chief executive. She’s also overseen a shift in strategy for Walgreens from pharmacy to healthcare provider. Investors haven’t been enthusiastic about the plan and the company has laid off hundreds of employees this year. Walgreens also announced the closure of 450 stores in the U.S. and U.K.
Also, the strike by Hollywood writers and actors could end up costing Illinois half a billion dollars. Listen for more below:
https://serve.castfire.com/audio/4155180/4155180_2023-09-01-170820.64kmono.mp3Wintrust Business LunchRecent PostsFour-day work weeks, UAW, Chicago Brew Pass.cls-7{fill:#fff;fill-rule:evenodd}Walgreens CEO steps down.cls-4{fill:#000;}AI stock market, quantum computing, Alpine Food Shop.cls-7{fill:#fff;fill-rule:evenodd}Data shows big jump in job cuts across Chicago area.cls-4{fill:#000;}Terry Savage: Warning signs of a recession.cls-7{fill:#fff;fill-rule:evenodd}Click for more
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about how you should be managing the current money market, and the difference between short term and long term investments. Steven also discusses the tech sector, and what the current AI stock market looks like.
Segment 2: Robin Ficke, Senior Vive President of Research at World Business Chicago, discusses the rise of quantum computing in Chicago, which is currently out performing Silicon Valley.
Segment 3: Ron Bonaccorsi, Owner of the Alpine Food Shop in Elmwood Park joins John to talk about his family owned business, how they got their start, and what services they offer!
https://serve.castfire.com/audio/4154859/4154859_2023-08-31-192659.64kmono.mp3Wintrust Business LunchRecent PostsAI stock market, quantum computing, Alpine Food Shop.cls-7{fill:#fff;fill-rule:evenodd}Data shows big jump in job cuts across Chicago area.cls-4{fill:#000;}Terry Savage: Warning signs of a recession.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International may add Hostess Brands.cls-4{fill:#000;}Chicago posts highest gains for home prices again.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
New data shows a big jump in job cuts across the country and in the Chicago area. Challenger, Gray and Christmas says nearly 75,000 jobs were eliminated in August, 267% higher than the same time last year. In Illinois, there were more than 1,700 layoffs in August, 276% over last year at this time. So far this year, 18,000 jobs have been cut in Illinois. At the same time a year ago, that number was only 4,800. Technology, retail and health care sectors saw the most job cuts.
Also, more bank layoffs are coming to the Chicago market. Listen for more below:
https://serve.castfire.com/audio/4154819/4154819_2023-08-31-172419.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about some of the warning signs that we have been seeing which may indicate an upcoming recession. In addition, she answers questions from WGN Radio Listeners.
https://serve.castfire.com/audio/4154508/4154508_2023-08-30-203908.64kmono.mp3More with Terry SavageWintrust Business LunchRecent PostsAI stock market, quantum computing, Alpine Food Shop.cls-7{fill:#fff;fill-rule:evenodd}Data shows big jump in job cuts across Chicago area.cls-4{fill:#000;}Terry Savage: Warning signs of a recession.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International may add Hostess Brands.cls-4{fill:#000;}Chicago posts highest gains for home prices again.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Snack behemoth Mondelez International may add Hostess Brands to its family of goodies. Hostess is reportedly considering a sale and Mondelez is among the potential buyers. General Mills, PepsiCo and Hershey have also shown interest. Should Mondelez make the acquisition, it would bring Twinkie back under the ownership of a Chicago-area company. The Twinkie was first developed in 1930 by Continental Baking in Schiller Park. Production of the snack cake continued there until 2014. Hostess has hired investment bank Morgan Stanley to advise on a potential sale.
Also, a discrimination lawsuit against McDonald’s will move forward after a federal judge refused to dismiss the case. Listen for more below:
https://serve.castfire.com/audio/4154457/4154457_2023-08-30-171757.64kmono.mp3Wintrust Business LunchRecent PostsAI stock market, quantum computing, Alpine Food Shop.cls-7{fill:#fff;fill-rule:evenodd}Data shows big jump in job cuts across Chicago area.cls-4{fill:#000;}Terry Savage: Warning signs of a recession.cls-7{fill:#fff;fill-rule:evenodd}Mondelez International may add Hostess Brands.cls-4{fill:#000;}Chicago posts highest gains for home prices again.cls-4{fill:#000;}Click for more
Steve Grzanich has the business news of the day with the Wintrust Business Minute. For the second month in a row, Chicago has posted the highest gains among the top 20 cities for home prices. Cleveland and New York are also at the top for price gains, according to the S&P CoreLogic Case-Shiller Home Price […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, discusses teacher unions and job insecurity with John in the wake of a viral Matt Damon clip. Segment 2: Brad Donati, Director of Marketing at The Forge: Lemont Quarries, talks to John about the top adventure destination’s activities and events through August and the rest of the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Rite Aid stock is sliding again amid reports the company is about to file for Chapter 11 bankruptcy. Rite Aid has been facing mounting costs related to opioid trials. The company could eventually close hundreds of stores. It’s unclear how Rite […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the importance of keeping emotions out of your investments, what we can expect from inflation data later in the week, Chairman Powell’s continued commitment to fight inflation, if we are going to see a soft landing when it comes to […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about why he’s not concerned about a market pullback, what he expects the Fed to do with interest rates, if there is concern over the housing market, the looming government debt crisis, and the likelihood of a shallow and brief recession. Segment 2: Tom […]
Segment 1: Christiana Trapani, Owner, Door County Candle Company, tells John about a new candle that you can buy to support people that have been impacted by the wildfires in Maui. And you can still buy the Ukraine candle their that will support Ukraine’s effort in the war against Russia. Order that candle here. Segment 2: Bree Fowler, Senior […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about why she believes we are going to have a recession and what that means for your investments. Terry also answers all of your financial questions.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. CVS is laying off hundreds of corporate workers in Illinois. 300 of them to be exact. It’s part of a larger layoff by the pharmacy chain. 5,000 cuts are happening nationwide. The workers who’re losing their jobs are non-customer-facing employees. The […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how nice you should be at work, and why you shouldn’t be afraid of honest feedback. Segment 2: Sandy Marek, Executive Director, Tutoring Chicago, tells John about their mission to provide volunteer tutoring for Chicago kids and why there is a desperate […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Illinois Center office complex is losing one of its largest tenants. The U.S. Department of Health and Human Services says it will move out of the building when its lease is up in November. The agency’s moving its workers into […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s innovation hub 1871 is looking for the next big product or service in insurance technology. The accelerator has announced its new program called InsurTech Innovation Lab with an October launch date. The space is expected to bring together major players […]
Segment 1: Michael Miller, Professor Emeritus, DePaul University, joins John to talk about the Fed’s ongoing effort to curb inflation, the likelihood the Fed raises rates again in September, who benefits most from changing interest rates, and why a new high in entrepreneur applications is good news for the economy. Segment 2: Jim Dallke, National Editor, American Inno, […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the market retreat this week, why he isn’t concerned over the recent volatility, the resilient economy, what the Fed plans to do with interest rates in an effort to bring down inflation more, the strong retail sales, his concern over credit […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Some of the biggest hotels in Chicago have struck a deal with their unions to avert a potential strike. Members of Unite Here Local 1 have ratified a new three-year contract just two weeks before their previous labor agreement was set […]
Segment 1: Jennifer Streaks, Senior Personal Finance Reporter, Business Insider, joins John to talk about why you may be losing money if you haven’t checked your savings account recently, and what you can do to tackle your student loan debt. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to discuss a variety of stories including Elon Musk’s […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Inc. 5000 is out and a Chicago startup ranks the highest among local companies on the list. The list ranks the fastest-growing private companies in America. Songfinch is ranked number 11 on the list. The company connects its users with […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about how student loan repayments will impact the economy, the mixed consumer news, and some resources you should know about if you are uninsured. And, as always, Terry answers all of your financial questions.
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the lessons he’s learned from running the LaSalle Network for 25 years. How has his business evolved since the early days? Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to explain why an unusual raft of ‘rejections’ is confronting small and mid-sized […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Riverwoods-based Discover Financial Services is looking for a new CEO. Current boss Roger Hochschild is stepping down effective immediately. He and the board concluded a change in leadership was needed. Discover has been struggling with regulatory compliance issues. Hochschild has been […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new study that found that almost a third of Americans lack sufficient skills to make sound financial decisions, mortgage holder equity jumping, and Illinois ranking as the 13th best state to live according to a new survey from Wallet Hub. Segment […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Kraft Heinz is getting a new CEO. Carlos Abrams-Rivera will take over effective immediately. He’ll also stay in his current role as North American Zone President. He’s currently responsible for the company’s U.S. and Canadian operations. Abrams-Rivera joined the Chicago-based company […]
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about stock value, why markets are pulling back a bit in August, what advice he has for your portfolio, wages growing faster than inflation, how inflation is impacting the consumer, the markets being able to withstand a rise in interest rates, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute Chicago is the number one startup ecosystem in the Midwest. That’s according to Chicago venture capital firm M25 in its annual list of the top startup cities. Even though the past year has been difficult nationally for startups, because of layoffs […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based ticketing company Vivid Seats will acquire Japan’s Wavedash in a $61 million all cash deal. The purchase will give Vivid Seats a bigger international presence. The company’s CEO says Vivid Seats wants to be an international player moving forward. Wavedash […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about today’s inflation data, the health of the residential real estate market, Disney’s market performance, and where is a good place to be putting our money right now. Segment 2: Christina Basilio, Google Technology Expert, joins John to talk about some of […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about why the markets are holding their breath waiting for the CPI data, and what we should know about FedNow payment options. And as always, Terry answers all of your financial questions.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Co-working company WeWork says it has substantial doubt about its ability to keep operating. And that news could have a serious impact on Chicago’s commercial real estate market. The company has eight active downtown Chicago locations and a large space in […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what you can do to beat procrastination. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John why 2023 is becoming a year where the message from federal enforcers is: Coming Clean Fast May Be the Best Defense. Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. O’Hare Airport used to be the busiest airport in the world. Now it’s down to 4th busiest in the U.S., according to the latest ranking by Airports Council International. Last year, O’Hare’s total passenger count trailed Atlanta, Dallas-Fort Worth and Denver […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new study that shows a majority of parents spend 20% or more of household income on child care, The Fannie Mae Home Purchase Sentiment Index increasing slightly in July, why Fitch downgraded the US, and researchers developing and AI technique that […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. There’s a new national distribution deal for a Chicago startup that makes wraps using mostly eggs instead of flour. Egglife Foods has reached an agreement with Whole Foods Market to expand its availability in stores. The company launched in 2019 and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. United Airlines is buying up land near Denver International Airport. It’s about 113-acres, with a sale price of $33 million, according to a published report. Denver is one of United’s hubs and the Chicago-based carrier operates a flight training center there. […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate, joins John Williams to talk about the new jobs report that came out earlier today and what to look for in the near future. Segment 2: Gail Niksic, Vice President, Elderwerks, joins John to talk about the upcoming 9th Annual Senior Expo […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Grubhub has announced a $300,000 partnership with a west side incubator that helps restaurant and food service startups. As part of the deal, Grubhub will also sponsor a pitch competition with The Hatchery Chicago and the winner will get free access […]
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, talks to John about how the market has been strong this year, why he’s concerned about the debt people are carrying, and what sectors of the market that will prove to be resilient. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to discuss a variety of stories including […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the S&P being up over 20% this year, why Fitch downgraded US default rating, and the Fed’s continuing effort to fight inflation. Terry also answers all of your financial questions. Segment 2: Lucia Annunzio, acclaimed CEO Strategist, Author, and Former Adjunct Professor […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. An economic study shows the annual Sueños Music Festival in Chicago generated nearly $181 million for the local economy. The study was done by a research group for C3 Presents, the festival’s organizer. According to Crain’s, it shows Sueños topping the […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about a few job related stories making news recently including an employee asking an employer for a 5-hour workday, a new study showing remote workers work harder and longer hours, and what he thinks of the “Lazy Girls Job” trend. Segment 2: Steven […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how climate change is impacting the real estate market, inflation cooling, the market having a winning month, the strength of the economy overall, and Yellow Trucking Company shutting down overnight. Segment 2: Jim Dallke, National Editor, American Inno, talks to John about where the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The board of Wirtz Corporation has made Danny Wirtz the chairman and president of the company following the death of his father Rocky Wirtz. The succession was approved over the weekend. He’ll take over leadership of a liquor distributorship, vintage apartment […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago City Council allies of Mayor Brandon Johnson will try to get a real estate transfer tax hike placed on the 2024 primary ballot. They’re seeking to advance a key promise from the mayor’s progressive campaign, eight months after similar efforts […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about why we aren’t out of the recession woods, if he believes the Fed is done with raising interest rates, what a recession would mean for our investments, and where we should be putting our money right now. Segment 2: David A. Steinberg, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new type of store is in development at McDonald’s. It’ll be called CosMc’s and will hit test markets sometime early next year. The company’s CEO teased the new format during an earnings call but provided few details. It’s named after […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the impressive streak that the Dow is on right now, why he believes we are not out of the recession woods, if he expects the Fed to raise interest rates again in September, and where you should think about putting your […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Bloomington-based State Farm is raising Illinois homeowners’ insurance rates for the second time this year. The hike of 4.2% begins September 15. The increase will push the average premium up by $45 annually. State Farm raised rates in March by 2.4%, […]
Nationally syndicated financial columnist and author Terry Savage joins Wendy Snyder, filling in for John Williams, to talk about the Fed and the ongoing effort to tame inflation. And as always, Terry answers all of your financial questions.
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what you should do if you think you are falling behind in your career. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about how work siestas are taking hold in the U.S. and what employers and employees need to know about […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago area home prices are rising faster than other major cities. Single-family home values rose 4.6% in May on the latest S&P CoreLogic Case-Shiller Index. The increase is the biggest of any of the 20 cities listed on the index. Last […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about renter insecurity, Elon Musk rebranding Twitter to ‘X,’ and a new Longevity Annuity you can buy. Segment 2: Jim Dallke, National Editor, American Inno, talks to John about layoffs hitting Chicago startup Cameo, a new $40M venture capital fund in town, led by […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s CME Group has cut about 100 employees or 3% of its staff. Wall Street’s biggest banks have been chopping positions right and left this year, shedding more the 20,000 people during the first six months of 2023. Also, Northern Trust […]
Segment 1: Michael Miller, Professor Emeritus, DePaul University, joins John to talk about the success of Earned Income Tax Credit programs, why household perceptions of inflation are high despite inflation coming down, and why he believes the Fed should stand pat on raising interest rates. Segment 2: Sarah Foster, Analyst, Bankrate, talks to John about new Bankrate data that […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Sears campus in Hoffman Estates could soon become a sprawling data center. A Texas developer that specializes in data centers has signed a contract to buy the property. Crain’s says the purchase price hasn’t been disclosed. The property near the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Prices of Chicago-area homes have hit a new record high. A new report from a statewide realtors group says the median price of homes in the nine-county metro area rose 2.9% in June to $349,940 compared to last year. That’s the […]
Segment 1: Phillip Shaw, Senior Advisor and Certified Financial Planner, Goldstone Financial Group, tells John when we might see the Fed pause on raising interest rates, how the next raise in interest rates will impact the markets, and what’s fueling the current market rally. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to discuss a variety of stories […]
Nationally syndicated financial columnist and author Terry Savage joins Wendy Snyder, filling in for John Williams, to talk about the stock market winning streak this week and what to know when picking a fiduciary. And as always, Terry answers all of your financial questions.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Electric vehicle maker Rivian has plans to open a showroom in Chicago’s Gold Coast. The nearly 5,000-square-foot showroom will be located at 871 N. Rush. It’s set to open in September. Rivian produces electric vehicles in downstate Normal. It makes trucks, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The office vacancy rate in the suburbs has ticked up again and is now at a record high. Real estate services firm Jones Lang LaSalle says the suburban office vacancy rose to 28.9% in the second quarter, up from 28.5% in […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins Wendy to talk about why non-tech companies have a unique opportunity to attract tech workers right now. Segment 2: Rich Gentile, Founder, Santa for a Day, tells Wendy about their mission fulfilling letters to Santa from disadvantaged kids and their “Christmas in July” event taking place tomorrow in […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based United Airlines has reached an agreement with its pilots union on a new contract. The deal would raise pilot pay by up to 40% over the next four years. It follows more than four years of negotiations that included picketing, […]
Segment 1: Mark Kwiatkowski, owner of Replay Lincoln Park, tells Wendy about their new Lollapalooza pop-up! Segment 2: Ted Rossman, Bankrate.com Senior industry analyst, joins Wendy to talk about the impact of junk fees on consumers. Segment 3: Jim Dallke, National Editor for American Inno joins Wendy to talk about a number of his recent stories on the Chicago startup scene […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. McCafe bakery items are being phased out at McDonald’s. Apple fritters, blueberry muffins and cinnamon rolls are among the items disappearing from the menu. The company says it’s been listening to customers and adjusting the menu based on their likes and […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about what is driving the market this week, inflation continuing to come down, and why he cautions investors to not step out of their risk box. Segment 2: Tom Appel, Publisher, Consumer Guide Automotive, and host of the Consumer Guide Car Stuff podcast, joins John […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about good inflation data being released this week, how that data has been impacting the market this week, and why he doesn’t believe the inflation data is enough for the Fed to pause raising interest rates. Segment 2: David Carnoy, Executive Editor […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A community center planned and spearheaded by Pastor Corey Brooks will include a Wintrust Financial branch. The 90,000-square-foot center is slated for opening in late 2024 in Chicago’s Woodlawn neighborhood. In the meantime, the bank says it’ll open a temporary branch […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. An upscale mini golf company based in Chicago is expanding across the country and has announced a new location in Maryland. Puttshack’s newest location will be in Baltimore’s Harbor East and has an opening date in late 2024. The company features […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the resilience of the stock market, what she makes of the CPI data released today, what the inflation data means for interest rates, and the overall strength of the economy right now. And as always, Terry answers all of your financial questions.
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss last Friday’s jobs report, why he’s optimistic for the economy, and if he thinks offices will ever get back to pre-pandemic levels. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about how more summer outing options mean more opportunities for legal missteps. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Illinois tourism is recovering nicely following the pandemic. Hotels across the state brought in a record amount of tax revenue during the last 12 months. They collected nearly $308 million in hotel tax revenue during fiscal 2023 which ended June 30. […]
Segment 1: John and WGN Business reporter Steve Alexander talk about a number of business stories making news today including the popularity of Threads, Chicago office vacancy rates, and Governor Pritzker announcing Illinois tourism growth Segment 2: Jim Dallke, National Editor for American Inno joins John to talk about Chicago innovation including a Chicago mental health startup raising […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to talk about the June labor report, what the report means for the economy moving forward, how it will impact the Fed’s decision about interest rates and the effort to tackle inflation, and if President Biden will get credit / blame over the severity of […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. The Chicago Board Options Exchange has announced the promotion of Jill Griebenow to Executive Vice President, Chief Financial Officer and Treasurer. She had been Senior VP and Chief Accounting Officer and will succeed Brian Schell, who’s leaving to pursue an opportunity […]
Segment 1: Aki Ito, Senior correspondent at Insider, covering the workplace and the economy, Business Insider, joins John to talk about how remote work is leading companies to turn full-time jobs into low-paying gigs. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to discuss a variety of stories including Meta launching Threads, their competitor to Twitter, […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. More job cuts are one the way for Walgreens. The Deerfield-based company says it’ll cut 400 jobs next month, closing its distribution center in Downstate Edwardsville. This after the company announced some 500 Corporate jobs will be eliminated. They also have […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the ‘meh’ summer stock market and a recent column about hospital admissions and Medicare payments. And as always, Terry answers all of your financial questions.
Ryan Burrow has the business news of the day with the Wintrust Business Minute. NBC Sports says an average 4.8 million people tuned in for the NASCAR Cup Series Race in Chicago, Sunday. That’s the highest ratings for a NASCAR Race since the Daytona 500 in February on FOX. The peak was 5.3 million at […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about the latest business trends. From how much money people are spending on food this 4th of July holiday and managing debt, Ilyce and John talk about it. Segment 2: Jim Dallke, National Editor for American Inno talks about the latest trending […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. Traveling this Weekend? AAA says nearly 3 million Illinoisans will make at least one trip of 50 miles or more between now and July 4th. That’s 120,000 more travelers than last year, which set a record high. If you’re driving, gas […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the NASDAQ and S&P having great years, the importance of discipline when looking at your portfolio, if he believes the market is overvalued, and how the SCOTUS decision on student loans might impact the market. Segment 2: Joe Scarpelli, Executive Vice […]
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the Fed’s battle with inflation, the overall health of the labor market, and if he believes we are still on a path to recession. Segment 2: Megan Welch, Founder / Owner, Macushla Brewing Company, talks to John about the […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about President Biden’s powerful economic speech today in Chicago and the ongoing challenge for the Fed to bring down inflation. Terry also answers all of your financial questions.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. New stats show unemployment in the Chicago metropolitan area is nearing a record low. The Illinois Department of Employment Security says the Chicago-Naperville-Arlington Heights area had an unemployment rate of 3.2% in May. The record is 3% in November of 2019. […]
Segment 1: Jane Oates, President, WorkingNation, talks to John about the job sectors that are creating more opportunity, how companies are rewarding employees for coming into the office, and how A.I. will impact the workforce. Segment 2: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the economic data coming out today looking good, how […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how to build your own magic retirement number, home construction surging, housing supply being very tight, and rent falling for the first time in years. Segment 2: Jim Dallke, National Editor, American Inno, talks to John about a Chicago startup that is working to turn […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new ranking says O’Hare is one of the best airports for avoiding flight disruptions this summer. Air passenger rights and reimbursement company AirHelp Inc. compiled the latest stats. Midway didn’t make the top ten of either the worst or best. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Travelers who use Midway Airport in Chicago will have more food options in the coming months. Connie’s Pizza and M Burger are opening locations in the airport later this summer and fall. There’s also a White Sox Bar and Grill, Dunkin’, […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about if the cut in the corporate tax rate that was passed by the Trump administration was a success. Segment 2: Christopher Zara, Senior Editor, Fast Company, talks to John about how companies are increasingly eliminating college degree requirements for more roles and moving […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Home prices and home sales are down in the Chicago area. The new stats cover May. The price decline is the seventh in a row and represents the longest stretch of price declines since 2010. Illinois Realtors reports the median price […]
Segment 1: Brian Battle, Advisor, Performance Trust Asset Management, talks to John about the market feeling great year-to-date, what is causing the market to be on edge this week, and why he believes the economy is in pretty good shape right now. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Amazon being sued […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about Fed Chairman Powell’s comments on inflation and interest rates, how the market has been reacting to Powell’s comments, if this is the beginning of a new bull market, and the latest news about the housing market. Terry also answers all of your financial questions.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Return-to-office numbers are up again in Chicago. Data supplied to Crain’s shows 54.7% of workers are back in the office, a post pandemic high. The rate exceeds the national average by 5%. The figures are compiled by real estate technology firm […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how companies can further support working parents when kids are home for summer break. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the rise in “Virtual Meeting Vices,” where employees are getting more cavalier with their online conduct. Segment […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago is one of the cities where Domino’s Pizza is launching a new service called Pinpoint Delivery. The new technology allows customers to get a pizza delivery nearly anywhere, including places like Grant Park or North Avenue Beach. Customers use the […]
Segment 1: Steve Bernas, President & CEO of the Better Business Bureau of Chicago and Northern Illinois, joins John Williams to talk about the latest scams that you need to know about. Segment 2: Marc Jacobs, Partner, Lettuce Entertain You, joins John Williams to talk about what they are doing to celebrate the 10th anniversary of Beatrix! Segment […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Employees at the Museum of Science & Industry are the latest cultural workers in Chicago to form a union. 140 employees will be member of a bargaining unit called Museum of Science & Industry Workers United. Those employees work in the […]
Segment 1: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with John about the likelihood we see further rate interest rates hikes down the road, the Fed’s ongoing battle with inflation, recession odds diminishing, and what that means for your portfolio. Segment 2: Tom Appel, Publisher, Consumer Guide Automotive, and host of the Consumer Guide Car Stuff podcast, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s hotels like what they see so far from bookings for the NASCAR event over the July 4th weekend. Crain’s reports bookings have gone up in recent days and hotels appear to be doing solid business. Some high-end hotels appear to […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Original Rainbow Cone is coming to the Magnificent Mile. A kiosk location is set to open later this month at Gino’s East pizza at 162 E. Superior. The cone, featuring chocolate, strawberry, Palmer House, pistachio and orange sherbet ice cream, […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the Fed’s decision not to raise interest rates, the market reacting positively to that news, and if he expects the Fed to continue with the pause in July. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about the European […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the Fed’s decision to pause a hike in interest rates and the inflation numbers not being where the Fed would like them to be. Terry also answers all of your financial questions.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based McDonald’s has been ranked one of the world’s most valuable brands. The Kantar Most Valuable Global Brands report puts the Golden Arches at number five, up from sixth place last year. Apple, Google, Microsoft and Amazon have the top four […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about employers and employees facing off over remote work. Segment 2: Phillip Shaw, Certified Financial Planner, Goldstone Financial Group, breaks down the new inflation data that was released, what the Fed plans to do with interest rates this month and down the road, and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Indiana will be home to a new $3 billion electric vehicle battery plant. The plant will be located east of New Carlisle in St. Joseph County. That’s about 80 miles east of Chicago. The plant will create 1,700 manufacturing jobs. The […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about why installing EV chargers in older buildings may not be feasible, Netflix seeing subscriber growth, and how the ‘quiet luxury’ trend is catching on. Segment 2: Jim Dallke, National Editor, American Inno, tells John about a battery tech company in Chicago getting funding from the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Another Chicago-area Starbucks has unionized. It’s the 18th store in Illinois to a vote affirmatively for collective bargaining. The newest store to unionize is the Evanston Starbucks at 1734 Sherman Avenue. Workers selected Starbucks Workers United with a vote of 12-4. […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about what the Fed will do with interest rates in June and July, inflation easing and the economy showing signs of slowing, why he doesn’t see housing prices coming down, and if he believes we still might see a recession, Segment 2: Jon […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Oak Brook-based Treehouse Foods is buying a Texas coffee facility and coffee shipping business. Crain’s reports it’s a $100 million deal that’ll allow Treehouse to capture more profit in the supply chain. The company is buying Farmer Brothers, the coffee roaster […]
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, talks to John about the market challenges this past year, market volatility being low, and if he believes the Fed will stand pat on interest rates next week. Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Apple announcing its long-awaited Vision Pro mixed reality headset, and […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about businesses charging a surcharge for using a credit card. And Terry, as always, answers all of your financial questions.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A $20 million redevelopment and headquarters move for Vienna Beef in Chicago will include more than just office space. There’ll be retail space and a big box store included in the project at 2501 N. Damen. The big box store will […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss the robust jobs report, why Friday’s jobs report is good news for the economy, and what the hiring trends are looking like in Chicago. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the growing trend of “Stay Interviews” and why they […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Illinois is among nine other states suing cryptocurrency exchange Coinbase. The lawsuit accuses Coinbase of illegally selling unregistered investments to more than 140,000 Illinois clients. Illinois Secretary of State Alexi Giannoulias says the failure by Coinbase to register digital assets on […]
Segment 1: Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the job market outperforming everyone’s expectations, why the case for a 2023 recession is crumbling, the latest on the student loan freeze, and if Chicago rent prices will be going down. Segment 2: Laura Dribin, Founder of Peritius Consulting, tells […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Kraft Heinz Company has launched a new global ad campaign that features the Heinz ketchup brand prominently. Ad Age says it’s the first time in the company’s 150-year history where the brand is featured in a unified global campaign. The […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to tell break down the May labor report. What was good? What was not so good? And what does mean for the Fed and interest rates?
Segment 2: Jennifer Streaks, Senior Personal Finance Reporter, Business Insider, joins John to talk the amount of credit card debt people are racking up, how much money you should set aside for your emergency fund, the importance of getting into the habit of saving money, and to offer tips on how to pay down that credit card debt.
Segment 3: Erin Miller, PR, Sales and Marketing Manager, On Location Tours, tells John about the tours you can take in Chicago and the suburbs that visit TV and movie locations!
https://serve.castfire.com/audio/4126962/4126962_2023-06-02-192502.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s tourism industry is nearing full recovery. The city’s tourism agency Choose Chicago reports nearly 49 million people visited the city in 2022, a 60% increase over 2021. The figure is about 80% of the 2019 level and will likely reach full recovery in 2025. Tourists spent $16.9 billion in Chicago last year. Hotel occupancy hit 60%, up from 43% the year before. Choose Chicago says the city’s expected to host 54 million visitors this year. The group’s goal is to push that number to 61 million visitors in 2025.
Also, the company that operates Applebee’s is the highest bidder in the bankruptcy auction for Corner Bakery. Listen for more below:
https://serve.castfire.com/audio/4126955/4126955_2023-06-02-195255.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A men’s clothing company featured on the TV show Shark Tank is opening a store in Chicago. Crain’s reports Collars & Co. will open next week in The Shops at North Bridge on Michigan Avenue. The company currently has an online presence only. Collars & Co. specializes in polo shirts with dress collars that can be worn under a sweater or with a suit. The company appeared on Shark Tank last year and since then sales have skyrocketed 400%. The Mag Mile store will be small at just 1,000 square feet.
Also, the Civic Committee of the Commercial Club wants Chicago to be the safest big city in America. Listen for more below:
https://serve.castfire.com/audio/4126814/4126814_2023-06-02-145614.64kmono.mp3
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about Wall Street heating up, and why he believes the Fed will raise interest rates again this month.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Amazon agreeing to pay more than $30 million to settle two federal lawsuits alleging that the tech giant violated users’ privacy, and what to make of Apple’s new VR headset.
Segment 3: Ted Rossman, Bankrate.com Senior industry analyst, joins John to talk about a new survey that shows how much inflation is impacting vacations and the travel industry.
Segment 4: Jingmai O’Connor, Dinosaur Curator, The Field Museum, tells John about the new Spinosaurus exhibit! The Field Museum’s will be the only Spinosaurus on permanent display anywhere in the Western hemisphere. To celebrate the new Spinosaurus, the museum is hosting Dino Fest on Saturday, June 10. This event, held in the museum’s main Stanley Field Hall from 11am to 2pm, will feature dinosaur trivia games, a poetry station, a book fair, and more!
https://serve.castfire.com/audio/4126571/4126571_2023-06-01-201011.128.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the likelihood we see a debt ceiling deal done, what the Fed might do in June in their effort to curb sticky inflation, and the chance we see a recession. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/4126191/4126191_2023-05-31-214431.128.mp3More with Terry Savage
Segment 1: Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk break down everything we should know about the debt ceiling deal.
Segment 2: Ron Saslow, owner of the Chicago Slice Professional Pickleball team, tells John about Chicago’s very first professional pickleball team!
Segment 3: Kelsey Ryan, Director, Public Relations, Museum of Science and Industry, talks to John about all the incredible events the museum has going on for both kids and adults this summer.
https://serve.castfire.com/audio/4125759/4125759_2023-05-30-204259.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago White Sox and Bulls owner Jerry Reinsdorf has taken majority control of the multi-platform sports network Stadium. Front Office Sports reports he acquired that portion of the company from Sinclair Broadcast Group with the terms undisclosed. Reinsdorf help create the network in 2017. The report says large-scale moves are expected by Stadium under the new ownership structure and will come ahead of next year’s expiration of regional rights deals for the Bulls, White Sox and Blackhawks with NBC Sports Chicago.
Also, The Lab-Embedded Entrepreneur Program Demo Day in Chicago is coming on June 7. Listen for more below:
https://serve.castfire.com/audio/4125673/4125673_2023-05-30-160213.64kmono.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the Fed’s ongoing fight to stem inflation, why he doesn’t believe President Biden is a ‘growth’ president, and the latest on the debt ceiling negotiations.
Segment 2: Brennal Pierre, Co-Founder, Ephemeral Tattoo Chicago, talks about their tattoo company that makes tattoos that last between 1 and 3 years.
Segment 3: Rachel Graham, Director, Success Bound, tells John about their program that looks to enhance the middle school experience for students in partnership with educators to create supportive learning environments.
https://serve.castfire.com/audio/4124974/4124974_2023-05-26-200414.64kmono.mp3
Dave Schwan has the business news of the day with the Wintrust Business Minute.
37 million people are expected to be driving this Memorial Day Weekend. If you’re one of them, you’ll be pleased to know gas prices on average are a dollar lower than Memorial Day last year. AAA reports the national average for regular is $3.57 a gallon. It was $4.60 a gallon last year.
Also, Walgreens is getting ready to lay off over 500 employees. Listen for more below:
https://serve.castfire.com/audio/4124836/4124836_2023-05-26-155036.64kmono.mp3Chicago gas prices
Mike Long, Owner and Designer, Mike’s Landscape Lighting, talks to John about how long he’s been in the business, the type of services they offer, how they come up with designs, the energy efficient lights that they use, and the hot trends in landscape lighting.
https://serve.castfire.com/audio/4124584/4124584_2023-05-25-210124.128.mp3
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about what’s moving the market today, and how the debt ceiling negotiations are moving along, and what he thinks the Fed is going to do with interest rates.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Florida Governor Ron DeSantis announcing his presidential run with Elon Musk on Twitter, and the US Surgeon General issuing an extraordinary public warning about the risks of social media to young people.
Segment 3: Chris (Bones) Pacelli, Owner, Al’s Beef, tells John about their history with the Italian beef sandwich, what constitutes a classic beef sandwich, the rich history of Al’s Beef, and why consistency is the key to their success.. This weekend, Chris will be giving away free sandwiches in honor of National Italian Beef Day at The Chicago Food Stop at 875 N. Michigan Avenue.
Segment 4: Evan Morris, Co-Founder, Phase Three Brewing Company in Lake Zurich, joins John to talk about how they started the business, how they managed business through the pandemic, the signature beer they are known for, and their plans for a second location in Elmhurst.
https://serve.castfire.com/audio/4124541/4124541_2023-05-25-200041.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Amazon is slowing its roll with expansion in the Chicago area. The company has put plans on hold for two new local warehouses. Amazon says it will not occupy recently built delivery stations in Chicago’s Bridgeport neighborhood and in suburban Addison. It put both locations up for sublease but says they may be utilized in the future. The Bridgeport location includes 112,000 square feet at 2420 S. Halsted and would’ve employed 200 people. According to Crain’s data, Amazon is the largest private-sector employer in the Chicago area, with nearly 29,000 employees.
Also, employees of Chicago’s Peggy Notebaert Nature Museum have voted to form a union. Listen for more below:
https://serve.castfire.com/audio/4124537/4124537_2023-05-25-195837.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about why she believes the U.S. will not default on its debt and what the debt ceiling negotiations mean for your retirement portfolio. And, as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4124153/4124153_2023-05-24-210653.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Federal Reserve Bank of Chicago says business conditions in the Midwest have improved slightly this month but are still near the lowest level in a decade. The Survey of Economic Conditions showed improvement for manufacturing but a decline for non-manufacturing businesses. The territory covered by the report includes five states around Chicago. It also showed inflation pressures declining and labor spending coming under control as well. The Fed survey’s negative reading indicates a pessimistic outlook for business activity moving forward.
Also, a Chicago startup that sells insurance to residential rental property owners has raised more than $25 million in a funding round. Listen for more below:
https://serve.castfire.com/audio/4123789/4123789_2023-05-23-224229.64kmono.mp3
Segment 1: Michael Larson, VP and General Manager, Schaumburg Boomers, talks to John about how the early season is going for the Boomers, how attendance has been so far, why seeing game is a great night out, and what fun events they have planned for the rest of the season.
Segment 2: Philippe Weiss, President, Seyfarth at Work, explains why middle managers are becoming an endangered species and how that could impact businesses.
Segment 3: Jack Ablin, Chief Investment Officer, Cresset Capital, joins John to break down the debt ceiling negotiations and what that is meaning for the market and to discuss Cresset’s assessment of the Federal Reserve’s Financial Stability Assessment.
Segment 4: Mike Long, Owner and Designer, Mike’s Landscape Lighting, talks to John about how long he’s been in the business, the type of services they offer, how they come up with designs, the energy efficient lights that they use, and the hot trends in landscape lighting.
https://serve.castfire.com/audio/4123726/4123726_2023-05-23-201126.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to break down the Federal Reserve’s Economic Wellbeing of Households report, single-family existing-home sales prices climbing, and a new survey about tipping habits.
Segment 2: Jim Dallke, National Editor, American Inno, tells John about why Chicago startups are not fearing AI, how a Chicago startup is working to help health care staff shortages, and a Catholic prayer app landing a new round of funding.
Segment 3: Dan Perillo, CEO, Beef Shack, joins John to talk about a new location opening in St. Charles, how many restaurants they have, what makes their sandwiches unique, and their plans for growth this year.
https://serve.castfire.com/audio/4123308/4123308_2023-05-22-205108.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago startup that’s addressing the health care workforce shortage has raised $1.3 million in a funding round. Grapefruit Health connects organizations with clinical students to do tasks remotely. The company trains clinical students, medical assistants and pre-med students. It plans to use the new funding to expand its clientele and continue scaling the company. The backers in this round of funding include Google for Startups and a family fund owned by a former Blue Cross Blue Shield executive. The U.S. health care system could be short more than three-million workers in the coming years.
Also, the property that houses the Apple Store at North and Clybourn in Chicago is up for sale. Listen for more below:
https://serve.castfire.com/audio/4123256/4123256_2023-05-22-183656.64kmono.mp3
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the ongoing debt ceiling negotiations, the resilient stock market, why he sees a ‘soft landing’ when it comes to a recession, and what investors should be looking for right now.
Segment 2: Ryan Messner, President of the Historic Downtown Long Grove Business Association, talks about what they have planned for Festival season, how business grew during the pandemic, what you see when you visit Long Grove, the famous bridge that keeps getting hit, and the big Chocolate Fest happening this weekend.
Segment 3: Danny O’Malley, Founder/CEO, Before the Butcher, tells John about their award-winning plant-based meat products, how people can find their food, and what food they will showcase at the National Restaurant Show coming to McCormick Place this weekend.
https://serve.castfire.com/audio/4122681/4122681_2023-05-19-201621.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago has seen a drop in the startup job market just like the rest of the country, but a new report says the city is faring better than other places. The report from global VC firm NGP Capital says Chicago saw a 29% year-over-year decline in startup job openings in the first quarter of 2023. Other metros, including New York, Los Angeles, Austin and Miami have seen declines of nearly 50%. And the job market may be stabilizing. A separate report from Layoffs.fyi says the number of layoffs has slowed from 2,000 in 2022 to a little more than 1,200 so far in 2023.
Also, a prayer app headquartered in Chicago just had a successful funding round. Listen for more below:
https://serve.castfire.com/audio/4122665/4122665_2023-05-19-205605.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new estimate from the U.S. Census Bureau shows Chicago lost about 81,000 people from 2020 to 2022. That’s just under 3% of its population. Even with the decline, Chicago remains the country’s third most populous city after New York City and Los Angeles. Houston is fourth. As of July 2022, Chicago’s population was estimated at 2,665,039. During the same period, Illinois lost more than 230,000 people or 1.8% of its population. The Chicago metro drove most of that decline. The metro covers 14 counties including Cook, the collar counties and parts of Indiana and Wisconsin.
Also, an apartment and retail development across from Wrigley Field has been sold for a big loss. Listen for more below:
https://serve.castfire.com/audio/4122277/4122277_2023-05-18-212717.64kmono.mp3
Segment 1: Phillip Shaw, Senior Advisor and Certified Financial Planner, Goldstone Financial Group, gives John an update on debt ceiling negotiations, what happens if an agreement isn’t reached, and how you should prepare for a possible economic turndown.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about the governor of Montana signing a bill to ban TikTok from operating inside the state, OpenAI CEO Sam Altman testifying before a Senate Committee earlier this week, and Google saying it will begin deleting accounts that have not been used in at least two years as part of an effort to address security risks.
Segment 3: Christopher Zara, Editor, Fast Company, talks to John about a new survey that shows some surprising results about your tech habits.
Segment 4: Jason Lesniewicz, Director of Cultural Tourism, Choose Chicago, tells John about Go Live Chicago, a new initiative that encourages locals and visitors to experience all the incredible live theater, music, comedy, and dance performances that Chicago has to offer.
https://serve.castfire.com/audio/4122227/4122227_2023-05-18-193127.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A state legislative proposal to subsidize a move by the Chicago Bears to Arlington Heights has been put on the back burner. The bill’s sponsor says he may bring the proposal back for the General Assembly’s fall session. It would freeze property taxes on the Arlington Heights property and create a sales tax sharing framework for surrounding communities. It would also impose a $3 surcharge on tickets to compensate Chicago for the loss of the team. Right now, the bill doesn’t have enough support to pass.
Also, University of Chicago will share a $150 million grant from IBM and Google for quantum computing research. Listen for more below:
https://serve.castfire.com/audio/4122072/4122072_2023-05-18-144912.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the markets breathing a sigh of relief over debt ceiling negotiations and the latest on her Social Security Horror Stories project. Terry, as always, answers all of your financial questions.
https://serve.castfire.com/audio/4121846/4121846_2023-05-17-215346.128.mp3More with Terry Savage
Segment 1: Jane Oates, President, WorkingNation, talks to John about what college grads need to know in a tightening labor market.
Segment 2: Matt Schultz, LendingTree chief credit analyst, talks with John about an new survey that shows 60% of Americans say they’re tipping more as technology nudges them to add a gratuity.
Segment 3: Otez Gary, Manager of Community Engagement, Museum of Contemporary Art, tells John about the 2023 Tuesdays on the Terrace event taking place all through the summer.
https://serve.castfire.com/audio/4121382/4121382_2023-05-16-192222.128.mp3
Segment 1: Jim Dallke, National Editor, American Inno, talks to John about how the startup community in Chicago is feeling about the Mayor Brandon Johnson administration, the role AI is playing in the writers strike, and how the strike will impact Chicago’s film and television industry
Segment 2: Kelly Flahardy, Vice President Chicago, Diamonds Direct, tells John about opening their first Chicago-area location in Schaumburg, why they chose to open in the Chicago area, the type of diamonds they sell, and the special deals they have for the Grand Opening.
https://serve.castfire.com/audio/4120978/4120978_2023-05-15-210718.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
CME Group says it’s prepared to leave Chicago if the city and state impose additional taxes on financial transactions. CME’s CEO made the comment in a podcast interview, saying the Chicago exchange could easily break its lease and move. Brandon Johnson has said the city might consider new taxes to boost the city’s revenue. Other investment firms have also voiced opposition. A new tax on financial transactions would have to be approved by the General Assembly.
Also, just days after the company warned investors it may not be able to continue as a “going concern,” Groupon has terminated the lease for its River North headquarters. Listen for more below:
https://serve.castfire.com/audio/4120940/4120940_2023-05-15-193340.64kmono.mp3
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the ‘virus’ that is impacting the economy the most, if he’s concerned about the possibility of a government default, what he anticipates the Fed to do in June to combat inflation, and what all the noise means for the market and your investments.
Segment 2: Katie Anderson-Tedder, Manager, Anderson’s Candy Shop, tells John about what’s new at the shop, the candy she likes the best, how many employees currently work at the shop, how they ensure the best quality, how people can buy their candy, the work they do in the community, and the great offerings they have for Mother’s Day.
https://serve.castfire.com/audio/4120317/4120317_2023-05-12-205917.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Fitch Ratings says Illinois’ budget outlook remains good and within earlier forecasts despite a drop in revenue last month. The Civic Federation watchdog group has also given the thumbs up to the state’s 2024 spending plan. That budget projects a $165 million surplus next year. The federation is concerned about non-pension spending. Fitch says despite tax revenue declines, the state is on track to comfortably exceed its adopted budget revenue forecast.
Also, a Chicago area marijuana retailer is expanding with the purchase of a cultivation operation near downstate Carbondale. Listen for more below:
https://serve.castfire.com/audio/4120246/4120246_2023-05-12-185546.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Groupon says it faces serious financial challenges and there are ongoing concerns about whether the company can stay afloat. The deals and coupon company has warned in a filing with investors that because of ongoing cash outflows and operating losses it may not be able to meet its obligations over the next year. The situation raises substantial doubt about the company’s ability to continue as a going concern. Groupon shares have fallen as much as 17%. The company says it’s evaluating several strategies to improve liquidity.
Also, New York’s Levain Bakery likes Chicago. Listen for more below:
https://serve.castfire.com/audio/4119861/4119861_2023-05-11-205401.64kmono.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the markets dropping today, how the Fed is likely to tackle inflation after CPI / PPI data, and the latest on the debt limit negotiations.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Google’s new AI features, Twitter rolling out end-to-end encryption for direct messages, Tucker Carlson’s new Twitter show, and Disney saying it will add Hulu content to its Disney+ streaming app.
Segment 3: Tim Dupree, president of Kelly Professional, tells John about their new report that shows how much employers are struggling to hire quality talent. The report found that nearly a third of workers said they are prepared to leave their employer in the next 12 months, due to poor work-life balance and lack of development opportunities, while executives believe it’s due to compensation.
Segment 4: Richard Hanauer, Partner at RPM Restaurants, and Wine Director, The Oakville Grill & Cellar, talks to John about their new restaurant celebrates the food, wine and lifestyle of California.
https://serve.castfire.com/audio/4119841/4119841_2023-05-11-194041.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the Consumer Price Index data released today showing inflation still persists, the economy showing some signs of slowing down, if the Fed will continue to raise interest rates, the latest on the debt ceiling negotiations, and why the market seems confused right now. Terry answers all of your financial questions.
https://serve.castfire.com/audio/4119478/4119478_2023-05-10-210318.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Chicago Blackhawks have seen a surge in season-ticket sales after securing the #1 pick in the NHL Draft. Front Office Sports reports the team sold $5.2 million in season-ticket packages within 12 hours of securing the top pick on Monday. The sales included 1,200 full-season plans. The Blackhawks are expected to draft standout Connor Bedard when the draft is held on June 28th.
Also, United Airlines ranks third among the six biggest U-S air carriers for business and first-class travelers. Listen for more below:
https://serve.castfire.com/audio/4119435/4119435_2023-05-10-191435.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Select Chicago residents will be able to invest in the Bally’s casino. Ownership interests will be offered as part of the community agreement between the casino and the City of Chicago. According to Crain’s, eligibility criteria haven’t been disclosed yet but will likely include a mix of business owners, sports figures, celebrities and everyday Chicagoans. They’ll share in a 25% stake in the casino that’s being developed on the Chicago riverfront, where the Chicago Tribune Freedom Center printing plant is located. The Securities and Exchange Commission has to review the offering before it’s offered to investors.
Also, McDonald’s is being sued by media entrepreneur Byron Allen. Listen for more below:
https://serve.castfire.com/audio/4119101/4119101_2023-05-09-220701.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how his company uses one day a quarter to shut down e-mail and instant messaging to embrace live communication and the impact that has on employees.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about how getting sued sometimes turns out to be a good thing.
Segment 3: Mark Hicks, Regional Sales Manager, Northern Tool, give John some tips to prep your lawn and garden equipment and what you should know when you are considering purchasing new tools.
Segment 4: Tekendra Parmer, Tech Features Editor, Insider, talks to John about the rise of AI, why some leaders are calling for a pause on the technology, and how humans can make the technology more responsible.
https://serve.castfire.com/audio/4119035/4119035_2023-05-09-202635.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the affordability of new cars, the results of Fannie Mae’s Home Purchase Sentiment Index, how interest rates are impacting home sales, the great labor report released on Friday, and a recap of Warren Buffet’s meeting in Omaha last weekend.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about the state of tech jobs in Chicago, an app that lets city inspectors scan sidewalks for ADA compliance raising some funding after relocating its HQ from Champaign to Chicago, and the CEO of a Chicago software startup talking about the challenges of raising a $7M round in a difficult fundraising environment.
Segment 3: Segment 3: Ted Rossman, Bankrate.com Senior industry analyst, joins John to break down a new Bankrate survey that shows how money worries negatively impacts mental health.
https://serve.castfire.com/audio/4118607/4118607_2023-05-08-200407.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Electric vehicle maker Rivian, with a plant in downstate Normal, saw production and delivery drop in the first quarter. The company delivered 7,946 vehicles compared to 8,054 in fourth-quarter 2022. Rivian reports quarterly earnings Tuesday and is expected to show a net loss. The company’s expected to ramp up production moving forward while cutting costs. The net loss is blamed on factory downtime while upgrading its commercial van assembly line.
Also, Deerfield-based Baxter International is selling its biopharma solutions business to two private equity firms.
https://serve.castfire.com/audio/4118580/4118580_2023-05-08-183920.64kmono.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down today’s labor report. What do the numbers mean for the economy, markets and the likelihood we see a recession?
Segment 2: Kiana DiStasi, Chief Marketing & Communications Officer, Chicago Loop Alliance, tells John about their Sundays on State program and how they are currently seeking community involvement through a free application process that runs through May 19th.
Segment 3: Jaron Lukas, CEO, yumwoof, talks to John about their non-GMO dog food brand that helps dogs lead a healthier life and live longer. Jaron explains how their food stands out among the competition. Check out Jaron’s book, ‘The Canine Cocomega Effect’ here.
https://serve.castfire.com/audio/4117952/4117952_2023-05-05-204952.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s more union activity at a big retailer with a Chicago presence. REI workers have voted to unionize. Crain’s reports employees voted 41-8 in favor of the union. The group includes 60 workers in clothing sales, inventory and repair. They’ll be represented by the Retail, Wholesale & Department Store Union. They want better pay, benefits, and job security. The REI store in Chicago is the fourth location to unionize following stores in New York City, Berkeley and Cleveland. The company is based in Seattle.
Also, a union representing grocery store workers has come out against the merger between Albertson’s and Kroger. Listen for more below:
https://serve.castfire.com/audio/4117935/4117935_2023-05-05-194335.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
United Airlines is planning to hire 15,000 employees this year, and a big chunk of the new hires will be in Chicago. The airline’s looking to add nearly 4,000 new hires here in its home city. That includes roles at O’Hare Airport and its corporate office. United also plans to hire about 2,300 people in Denver, where it’s been aggressively adding service and where it trains pilots. 2,100 will be added in Houston. United’s current workforce of about 95,000 employees will include 50,000 new hires by 2026. The airline’s also hiring about 2,300 pilots this year.
Also, Allstate has reported a first-quarter loss of $342 million despite higher premiums aimed at offsetting rising auto costs and catastrophe losses. Listen for more below:
https://serve.castfire.com/audio/4117554/4117554_2023-05-04-214754.64kmono.mp3
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about why he believes the economy is in good shape, how the Fed’s interest rate move is impacting the market, and where he sees opportunities to buy.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to discuss a variety of stories including the FTC alleging Facebook failed to protect your privacy, and why Happy World Password Day is a good time to lock down your logins.
Segment 3: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about Chicago signing a contract valued at $1 billion to sell its water elsewhere.
Segment 4: Collete English Dixon, executive director of the Marshall Bennett Institute of Real Estate and Administrative Chair, Real Estate, at the Heller College of Business, Roosevelt University in Chicago, tells John about the importance of getting young people interested in a career in real estate.
https://serve.castfire.com/audio/4117524/4117524_2023-05-04-191424.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the strength of the US banking system, and how the Fed plans to combat inflation. Terry also answers all of your financial questions.
Segment 2: Shannon Tauschman, General Manager, The Chicago Firehouse Restaurant, tells John about the architecture and the history of the restaurant, the type of food and cocktails they are known for, and how the restaurant is honoring National Firefighters Day tomorrow.
https://serve.castfire.com/audio/4117133/4117133_2023-05-03-210533.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago is still the top spot in the country for commercial real estate investment. That’s according to new data and ranking by Site Selection magazine. Despite the loss of Boeing and Caterpillar, Chicago broke its own record for luring corporate relocations and expansion last year. The city has been the country’s top draw for investment for 10 years in a row. Chicago outpaced Dallas, Houston and New York. Some of the big relocations and expansions include Google, Kellogg’s and Mars. In the suburbs, Canadian electric truck and bus maker Lion Electric opened a large plant in Joliet and Ace Hardware signed a headquarters lease for the former McDonald’s property in Oak Brook.
Also, State Farm is raising homeowners insurance rates in Illinois. Listen for more below:
https://serve.castfire.com/audio/4117079/4117079_2023-05-03-190919.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about Mental Health Awareness Month and how best to manage mental health/stress in the workplace.
Segment 2: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about how banking concerns are impacting the market, the latest on debt ceiling negotiations,
Segment 3: Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a number of his recent stories including home prices still rising in Chicago, a condo at the top of Aqua still unsold, and 100,000 red tulips mark sites of redlining in Washington Park.
https://serve.castfire.com/audio/4116659/4116659_2023-05-02-203459.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
CVS Health has completed its acquisition of Chicago-based Oak Street Health. The $10.6 billion deal will allow the pharmacy chain to expand into primary care. Oak Street Health’s network focuses on Medicare patients and low-cost care. CVS is based in Rhode Island.
Also, Feldco is doubling its workspace. Listen for more below:
https://serve.castfire.com/audio/4116574/4116574_2023-05-02-175914.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The top two best MBA programs in the country are in Chicago. The University of Chicago Booth School of Business and Northwestern’s Kellogg School of Management are #1 and #2 on the U.S. News & World Report rankings. This is the second year in a row at #1 for Booth. The University of Pennsylvania’s Wharton School has the third position followed by MIT Sloan School of Management at #4, and Harvard Business School at #5. Dartmouth’s Tuck School of Business tied with Stanford Graduate School of Business at #6.
Also, Farmers Fridge is expanding again. Listen for more below:
https://serve.castfire.com/audio/4115999/4115999_2023-05-01-212839.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the First Republic bank failure and what the JP Morgan deal means for the markets and the economy.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about why we’ve seen an uptick in startup fraud cases and if we can expect to see more in the years to come, Chicago Blackhawks investing in a startup that uses AI to assess injuries, and what we can expect from this year’s Chicago Venture Summit.
Segment 3: Christiana Trapani, Owner, Door County Candle Company, tells John about their mission to support Ukraine’s effort in the war against Russia by creating a candle with proceeds going to a non-profit in Ukraine. Christiana tells John how they have just surpassed the goal of donating $1M to Ukraine. You can support the cause and buy a candle for Ukraine here.
https://serve.castfire.com/audio/4115951/4115951_2023-05-01-190051.128.mp3
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins Jon Hansen to talk about what’s been driving the market the last couple of days, how important it is to have the market have a winning month, what’s happening with First Republic Bank, what he takes out of consumer sentiment numbers, and if he expects the Fed to raise rates again to combat inflation.
Segment 2: Steven Bugg, President / CEO, Great Lakes Credit Union, talks to Jon about what a credit union does, how they differ from a traditional bank, how many branches they have in the Chicago area, what digital services they offer, and why would someone choose a credit union over a bank.
Segment 3: Kathleen Hogan, Director of Sales, One of a Kind Show, tells Jon everything we should know about this weekend’s One of Kind Show at the MART. What can we see? What can we buy?
https://serve.castfire.com/audio/4115283/4115283_2023-04-28-191223.128.mp3
Segment 1: Tim Rodine and Kevin Meadows, owners, Two Hound Red Brewing Co. in Glen Ellyn, join Wendy to talk about their brewpub, the many varieties of beer and whiskey they serve, the upscale food menu that features wood fired pizza, and where you can find them in downtown Glen Ellyn.
Segment 2: Bree Fowler, Senior Writer, CNET, talks to Wendy about a number of tech stories in the news including Ring’s indoor camera featuring a manual privacy cover, GM ending production of the Chevy Bolt, and Tile dropping a new pet-finding accessory to help monitor your cat’s whereabouts.
Segment 3: Mike Davis, Owner, Blerds Underground, tells Wendy about his collectible and comic book shop, where the term ‘Blerd’ comes from, when they opened their store in LaGrange, what they have planned for ‘Free Comic Book Day,’ and their mission to make the things they are passionate about more inclusive.
Segment 4: Barry Sorkin Co-Owner, Smoque Steak and Smoque BBQ, joins Wendy to talk about how long he’s been on the Chicago restaurant scene, when he came up with the idea of Smoque Steak, how these steaks will differ from a typical Chicago steakhouse, what you will be able to find at their market, and when they plan to be open to customers.
https://serve.castfire.com/audio/4114856/4114856_2023-04-27-192856.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago’s technology workforce is growing but still drags behind other cities. Employment in the tech sector grew 1.4% from 2021 to 2022, according to the Computing Technology Industry Association’s 2023 State of the Tech Workforce report. The report says technology employment makes up 5.2% of the region’s workforce and generates an economic impact of $51.2 billion. Most of the tech jobs in Chicago are in web, software, and programming. There are about 56,000 jobs. Other positions include network engineers, architects, support, repair and cybersecurity. The estimated median wage is $92,000. Chicago ranks ninth in the country for the size of its tech workforce.
Also, the Consumer Technology Association is out with its latest innovation scorecard and Illinois received at least one failing grade. Listen for more below:
https://serve.castfire.com/audio/4114853/4114853_2023-04-27-190953.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins guest host Wendy Snyder to talk about inflation coming down, and why now is the time to buy I bonds. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4114434/4114434_2023-04-26-200834.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Positive signs for the Chicago economy from River North. Crain’s reports landlords there filled more empty storefronts in 2022. The retail vacancy rate fell to 17% from 19% the year before. 39% of the River North’s retail space is occupied by bars and restaurants and the vacancy drop suggests that people have returned to pre-pandemic dining patterns. The report says neighborhoods south of River North, including the Loop, are still struggling to recover. The Loop retail vacancy rate rose to 28.3% last year as many workers still haven’t returned to their offices or work hybrid schedules.
Also, Lincolnshire-based CDW is laying off employees and warning investors it’ll miss its first-quarter revenue forecast. Listen for more below:
https://serve.castfire.com/audio/4114397/4114397_2023-04-26-184937.64kmono.mp3
Segment 1: Phillip Shaw, Certified Financial Planner, Goldstone Financial Group, tells Jon about what he expects the Fed to do next month to combat inflation. Phillip also explains why you need to be careful about getting financial advice on social media.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to Jon about why we are seeing an unusual spike in the numbers of managers seeking one-on-one career or conduct-improvement coaching sessions.
Segment 3: Sultan Meghji, Former Chief Innovation Officer (CIO), Federal Deposit Insurance Corp (FDIC) and Duke University Professor joins Jon to talk about how AI is impacting business, if we will see a loss of jobs, and if some people believe the technology is moving too quickly.
Segment 4: Gretchen Grad, Hands of Peace Founder and Board Member, tells Jon about their mission to bring American, Israeli and Palestinian teens together to empower them to become agents of change in their communities and around the world. The Hands of Peace Chicago Benefit – Power of Purple – takes place on Sunday, May 7, at Chevy Chase Country Club. This is the largest Hands of Peace fundraiser of the year. The organization hopes to raise $157,000, enough to bring 45 participants to the Summer Program this July. Tables and tickets are available at handsofpeace.org.
https://serve.castfire.com/audio/4114001/4114001_2023-04-25-192301.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Fans of Home Run Inn pizza can now buy just the crust. The company’s newest product is called Nothing But Crust. The idea is to let customers build their own pizzas with Home Run Inn crust as the foundation. A two-pack of Nothing But Crust costs about $10 at Jewel. The product’s available in the frozen section. Home Run Inn is headquartered in Woodridge.
Also, a developer has outlined plans for turning Baxter International’s Deerfield campus into an industrial park. Listen for more below:
https://serve.castfire.com/audio/4113904/4113904_2023-04-25-163504.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Jon to talk about a new survey that shows that only 1/3 of Gen X thinks they’ll retire by age 65, Redfin reporting home prices dropping 3%, but monthly housing payments hitting a record high, and Apartment List’s 2023 Millennial Homeownership Report.
Segment 2: Jim Dallke, National Editor, American Inno, talks to Jon about a how VC deals are dropping, an event ticketing startup aimed at the Black community raising $1M, and why Chicago could be a good place to test drone deliveries.
Segment 3: Stephanie Feldman, CFP, Managing Director, Wealth Advisor, Mesirow Financial,, joins Jon to talk about property and taxes. Stephanie explains the taxes you might owe if your parents pass away and you inherit their property. And how does it work with stocks? What about gift taxes? How much are you allowed to give over a lifetime, who can get it, and when do you you have to tell the IRS?
https://serve.castfire.com/audio/4113569/4113569_2023-04-24-203209.128.mp3
Vic Vaughn has the business news of the day with the Wintrust Business Minute.
Starting today, Chicago-based cable news channel NewsNation is launching 24-hour news programming Monday-through-Friday, with the addition of a new four-hour long midday block called ‘NewsNation Now.’ Also debuting today is ‘The Hill,’ a political news and analysis program starting at 4 PM from Washington. NewsNation is owned by Nexstar the parent company of WGN Radio.
Also, State Farm is raising its Illinois car insurance rates for a second time this year. Listen for more below:
https://serve.castfire.com/audio/4113517/4113517_2023-04-24-185717.64kmono.mp3
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins guest host Jon Hansen to talk about how the market has been performing this week, the chances of a very mild recession, if he thinks the Fed should raise rates again in May, why he’s paying attention to earnings and the housing market, the ongoing battle between Disney and Florida governor Ron DeSantis, and where people should be putting their money right now.
Segment 2: Todd Powell, Co-Founder of Vacations by Rail, tells Jon why by rail travel is an extraordinary way to see the country, the large amount of itineraries they offer, some of the more popular trips that people take, the accommodations that are offered, and what drove him to start this company.
https://serve.castfire.com/audio/4112882/4112882_2023-04-21-190422.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The latest report on home prices in the Chicago area is a mixed bag. Illinois Realtors says home prices dropped in Chicago while remaining flat in the greater Chicago area. Home prices have dropped for five straight months in Chicago with the median price now at $334,000 after falling 3.2% last month. Dropping single-family homes prices drove the decline. Single-family home prices are down nearly 9% compared to a year ago. Home prices were flat for the nine-county metropolitan area with the median price at $310,000.
Also, more McDonald’s franchisees are backing legislation that would give them more power over how they run their restaurants. Listen for more below:
https://serve.castfire.com/audio/4112814/4112814_2023-04-21-171014.64kmono.mp3
Segment 1: Mary Tobias, Chicago chef and holistic health coach, Lincoln Cafe & Market, joins Wendy to talk about her work as a holistic health coach, the importance of mindfulness while eating, the goal of the new cafe and market, why they want to introduce people to different, healthy styles of eating, what you can get at the market, and her other business venture GLOW Superfood.
Segment 2: Bree Fowler, Senior Writer, CNET, talks to Wendy about a number of tech stories in the news including the SpaceX launch explosion, the latest on the Twitter blue checkmark drama, and Snap, the parent company of social media network Snapchat, launching an AI feature.
Segment 3: Carl Prouty, “The Technologist” at Abt Electronics in Glenview, tells Wendy about some new products available at Abt including an outdoor TV from Samsung, and the newest speakers from Sonos. Carl also talks about a recycling event taking place this weekend in Westfield Old Orchard’s West Lot.
Segment 4: Ted Rossman, Bankrate.com Senior industry analyst, joins Wendy to talk about how Gen Zers and millennials are currently rewriting the traditional money rules and to offer tips on how you can better communicate with your partner about money.
https://serve.castfire.com/audio/4112467/4112467_2023-04-20-205107.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Portillo’s is alleging illegal actions by union workers in the April 13th election at its food production center in Addison. The company wants the National Labor Relations Board to hold a new election and investigate. Portillo’s says it has first-hand testimony and affidavits from witnesses alleging union representatives made promises in exchange for “yes” votes, including pathways to citizenship with green cards to workers.
Also, there’s an effort to block Baxter from selling its 101-acre property in north suburban Deerfield to Bridge Industrial. Listen for more below:
https://serve.castfire.com/audio/4112413/4112413_2023-04-20-185713.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins guest host Wendy Snyder to break down the debt ceiling standoff, if we need to be worried about Social Security going broke, and what you should know about Series I bond rates. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4112086/4112086_2023-04-19-211726.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Molson Coors is reportedly in talks to move its headquarters to a smaller space about a block away. The company is eying 70,000 square feet in BMO Tower at 320 S. Canal. That’s right across the river from its current space at 250 S. Wacker. The space is about half the size of its current 167,000 square foot headquarters. The 52-story BMO Tower opened last year. The deal’s still being negotiated and could still fall apart.
Also, the hearing aid company Beltone has moved its headquarters from Glenview to Chicago. Listen for more below:
https://serve.castfire.com/audio/4112031/4112031_2023-04-19-192031.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Coworking space provider WeWork has shut down its biggest location in Chicago’s Loop and is now the subject of an eviction lawsuit over unpaid rent. Crain’s says WeWork closed its location at 125 W. Clark and the lawsuit seeks $360,000 back rent and other damages. The lease for the property had been set to run through 2033. WeWork has been closing underperforming locations nationwide as the company tries to cut costs and invest in more profitable locations. Nearly 40 locations have been shuttered so far. It’s unclear what prompted the Clark Street location’s closing.
Alos, gas prices are going up and experts say the trend’s likely to continue into the summer. Listen for more below:
https://serve.castfire.com/audio/4111579/4111579_2023-04-18-183919.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves and co-host of “This Week in Wealth”, joins John Williams to go big on the income tax numbers and breaking down who is paying what as Tax Day closes in.
Segment 2: Jim Dallke, National Editor for American Inno, tells John about the fall of one of Chicago’s most promising tech startups, Outcome Health, amid fraud convictions against the founders.
Segment 3: Ben Tobin, Big Box Store reporter from Business Insider, talks about the surprise closing of 4 Walmart stores in Chicago and the why that might have occurred.
https://serve.castfire.com/audio/4111226/4111226_2023-04-17-212126.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
McDonald’s is changing up the way it makes Big Macs and also their Classic Cheeseburgers. The changes involve the tenth-pound burgers used in McDonald’s hamburgers and cheeseburgers and in the McDouble, Double Cheeseburger and Big Mac. One change involves a new softer bun that’ll be toasted. The other changes include melted cheese and nearly caramelized onions. Big Macs will also get more special sauce so that customers get more sauce in each bite. Grill settings are also being adjusted to improve the sear on the burgers.
Also, Crain’s is out with its Privately Held Companies list and Bloomington-based State Farm is once again at the top in Illinois. Listen for more below:
https://serve.castfire.com/audio/4111170/4111170_2023-04-17-193410.64kmono.mp3
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about inflation cooling, if he believes we are headed to a recession, what he expects the Fed to do with interest rates in May, and what should you be doing with your money right now.
Segment 2: Kory Kantenga, Senior Economist, LinkedIn, tells John about recent hiring trends, which industries are slowing the most, the state of remote work, and what sectors see signs of growth.
Segment 3: Patricia Mota, CEO, Hispanic Alliance for Career Enhancement, joins John to talk about their mission to accelerate the advancement of Latino professionals into more senior level roles and create a stronger pipeline that is reflective of the nation’s diverse populations.
https://serve.castfire.com/audio/4110494/4110494_2023-04-14-195534.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Workers at a Portillo’s food preparation facility in Addison are forming a union. 50 food service workers at the suburban plant voted Thursday to unionize in an election held by the National Labor Relations Board. The Addison facility is believed to be the first unionized Portillo’s location. Both parties have one week to file objections to the election. After that, Portillo’s must begin bargaining with the union.
Also, the amount of venture capital funding is down again to its lowest level in more than two years. Listen for more below:
https://serve.castfire.com/audio/4110404/4110404_2023-04-14-164904.64kmono.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about why the market is performing better today, inflation showing another sign of easing, and what cooling inflation will mean for Fed rate hikes.
Segment 2: Bree Fowler, Senior Writer, CNET, joins John to discuss a variety of stories including the ongoing Twitter soap opera, the latest developments on a possible ban of TikTok in the US, and HBO Max relaunching in May as Max
Segment 3: Juliana Kaplan, Labor / Inequality reporter, Business Insider, tells John about how young people wound up trapped in a volatile cycle of saving, spending, and debt that will haunt them for decades.
Segment 4: Kiana DiStasi, Chief Marketing & Communications Officer, Chicago Loop Alliance, tells John about their new report that shows Loop pedestrian traffic and activity across multiple sectors continuing to accelerate post-pandemic.
https://serve.castfire.com/audio/4110036/4110036_2023-04-13-191436.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Lisle-based Navistar expects a big increase in the sales of electric trucks and buses this year. The company’s CEO tells Crain’s, Navistar expects a tenfold increase in sales with delivery of 2,000 EVs in 2023. It previously announced plans for half of its sales to be zero emission by 2030 and complete EV conversion by 2040. Navistar currently has 200 electric trucks and buses on the road. The company says it’s also looking for a new partner for its driverless technology.
Also, a University of Chicago economics professor says Chicago will be lucky not to lose money on the 2024 Democratic National Convention. Listen for more below:
https://serve.castfire.com/audio/4109999/4109999_2023-04-13-182439.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about inflation cooling in March and what you should know about the future of Social Security. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4109648/4109648_2023-04-12-210348.128.mp3More with Terry Savage
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to break down the March jobs numbers and what that means for the economy moving forward. Does this show that the economy is in a good place and we are not near a recession? Tom also shares his thoughts on the Democratic Convention coming to Chicago in 2024.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the growing trend of ‘pay transparency’ and what that means for both bosses and employees.
Segment 3: Paige Guzman, CMO, Lagunitas Brewing Company, talks to John about the reopening of the Lagunitas taproom!
Segment 4: Aidan McClean, CEO, UFODRIVE, talks to John about how their company is disrupting the traditional car rental business.
https://serve.castfire.com/audio/4109182/4109182_2023-04-11-195822.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Allstate’s CEO got a big bonus despite it being one of the worst years in memory for the Northbrook-based insurance company. Crain’s reports Tom Wilson collected more than $15 million in total compensation in 2022. His bonus was $2.4 million, and he earned more than $11 million in stock and options. The overall compensation was about 21% less than 2021. For the year, Allstate posted a net loss of $1.4 billion and ever since Wilson took over as CEO, Allstate has steadily lost auto market share. Book value per share, which measures an insurance company’s value, dropped 29%.
Also, you’ll soon be able to buy Greek inspired meals-to-go and wines from Avli Restaurant Group at Dom’s Kitchen and Market. Listen for more below:
https://serve.castfire.com/audio/4109148/4109148_2023-04-11-183248.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about parents and kids disagreeing about when to become financially independent, American offices being half empty and why that could be the next big risks for banks.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about a Chicago startup creating alternative seafood in a lab raising new funding, the startup scene nationally seeing a near record low number of exits, and a Chicago startup helping with staffing shortages in the medical field winning part of $500K at a recent pitch contest.
Segment 3: Lucretzia Jamison, Executive Director at Youth Job Center, tells John about their mission and how they prepare young people for success in the workplace and in life.
https://serve.castfire.com/audio/4108741/4108741_2023-04-10-195541.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new pop-up with a Malibu Barbie Cafe is set to open in Chicago this summer. The opening is timed to coincide with the upcoming release of the Barbie movie. The exact location has not been announced yet. It’ll be open from June 7 through Sept. 15. The cafe will include a fast casual restaurant and will have a 1970’s Malibu feel. There’ll also be a full-size Barbie doll box that visitors can get into and take photos. The Barbie movie premiers July 21.
Also, a Chicago startup focusing on plant-based seafood alternatives has raised more than $5 million in a new funding round. Listen for more below:
https://serve.castfire.com/audio/4108734/4108734_2023-04-10-194634.64kmono.mp3
Segment 1: Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the March jobs report, the changes Uber made to their app after the company’s CEO started driving for the company, and what you should know if you are trying to decide if you should use your 401k money and pay down or pay off his mortgage.
Segment 2: Robert Sevim, Vice Chairman, Savills, tells John about the overall outlook of the 2023 commercial real estate market.
Segment 3: Tony Karman, President and Director, EXPO CHICAGO, joins John to talk about the international exposition of contemporary and modern art coming to Navy Pier next week!
https://serve.castfire.com/audio/4108105/4108105_2023-04-07-200105.128.mp3
Dave Schwan has the business news of the day with the Wintrust Business Minute.
We added over a quarter of a million jobs to the U.S. economy last month. The Labor Department says 236,000 jobs were added in March, unemployment fell to 3.5%. The job numbers are down, though, from the 326,000 jobs added in February. We’ll see how the markets react to this news next week. U.S. markets are closed today in observance of Good Friday.
Also, Honda is recalling over 560,000 older-model crossover SUVs sold in cold-weather states, which means us. Listen for more below:
https://serve.castfire.com/audio/4108000/4108000_2023-04-07-163700.64kmono.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down all of the recent jobs data coming out ahead of the monthly report tomorrow and what that will mean for the economy moving forward. Mark also talks about a new survey that shows 56% of workers plan to look for a job in the next 12 months.
Segment 2: Matt Schultz, LendingTree chief credit analyst, talks with John about a new survey that shows how people are using Buy Now, Pay Later loans, including as a bridge to their next paycheck.
Segment 3: Alex Bitter, Chief Retail Reporter, Business Insider, joins John to talk about the battle between Starbucks and its employees having a desire to unionize.
https://serve.castfire.com/audio/4107674/4107674_2023-04-06-192814.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Asking prices for Chicago-area homes hit a new high in late March. Crain’s analyzed data from real estate marketplace Redfin and found the median asking price at about $333,500. Compared to last year, that figure is 1.1% higher and 2.4% above the highest recorded median asking price. The report says higher asking prices are directly related to the low number of homes on the market. The Chicago Association of Realtors says there are about 17% fewer homes on the market compared to last year. The resiliency of the local housing market is also impacting median prices.
Also, Archer-Daniels-Midland is moving to boost revenue in its health and wellness sector.
https://serve.castfire.com/audio/4107591/4107591_2023-04-06-164731.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the possibility of a recession, the concern over the banking system, what we should take from the ADP private payrolls report, and what we should be doing with our money right now. And, as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4107290/4107290_2023-04-05-210730.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Shares in two of the three Chicago-based marijuana companies are trading at or near all-time lows. Weed stocks have been struggling for months and dropped late last year when as efforts stalled to pass the SAFE Banking Act. That law would’ve allowed marijuana companies to utilize the traditional banking system, including getting loans credit and debit cards. Crain’s reports Cresco Labs closed at $1.50 per share Tuesday. Verano Holdings fell to a new record low of $2.74 per share. Green Thumb Industries dropped 4%. U.S. marijuana stocks are traded on the Canadian Stock Exchange. The dropping share prices could prevent further mergers and acquisitions.
Also, not much more is known about job cuts at Chicago-based McDonalds. Listen for more below:
https://serve.castfire.com/audio/4107269/4107269_2023-04-05-205109.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about their new survey on what the class of 2023 wants from a job and a company. Tom gives some tips for graduates on what they can be doing now to land a job.
Segment 2: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the price of oil and its impact on the market, the latest on the JOLTS report and the banking crisis, why the outlook for GDP growth is declining, and what he expects from earning reports coming out over the next few weeks
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a number of his recent stories including a woman selling her ‘Playgirl party house‘ in a single day, and 8 million dollar condo for sale at the Tribune Tower, one of Brookfield’s historical rock houses being up for sale, and what the Chicago mayoral candidates told Crain’s about the real estate transfer tax.
https://serve.castfire.com/audio/4106863/4106863_2023-04-04-201103.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Upscale convenience chain Foxtrot has named Liz Williams as its new CEO. Founder Mike LaVitola has been moved to the chairman role. The move comes a year after Williams joined Foxtrot as president and chief financial officer. She’s a former executive at Taco Bell. Foxtrot is planning for a big expansion by the end of 2024, aiming for 100 locations. It currently has 26 locations, most are in Chicago. Other markets include Washington, DC, Maryland, Virginia, Dallas and Austin.
Also, a popular chicken spot is reopening in Chicago with plans to expand. Listen for more below:
https://serve.castfire.com/audio/4106850/4106850_2023-04-04-193250.64kmono.mp3
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about all three major stock averages being positive in the first quarter, despite turmoil in the banking sector, if he believes inflation has peaked, what he expects the Fed to do when they meet again in May, and what advice he would give to a long-term investor.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about how AI startups are growing throughout the nation
Segment 3: Ray Martinez, Co-Founder and President of EVERFI, joins John to talk about the importance of mandating high-quality financial education for graduation in America’s K-12 schools.
https://serve.castfire.com/audio/4106489/4106489_2023-04-03-202929.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
McDonald’s has shut down its U.S. offices this week as it begins to inform corporate employees about layoffs and reassignments. The Chicago-based company has told employees to work from home starting today so it can deliver staffing decisions virtually. Employees were told to cancel all in-person meetings at its headquarters. It’s unclear how many employees will be laid off. Other workers could be moved to new positions and their teams reorganized. It’s part of a larger McDonald’s reorganization.
Also, Chicago’s Archer Daniels Midland is considering pulling back its operations in Russia. Listen for more below:
https://serve.castfire.com/audio/4106427/4106427_2023-04-03-175027.64kmono.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about how inflation impacts a household, and why home prices are responding much more quickly to the Fed’s tight money policy than originally thought.
Segment 2: Jane Oates, President, WorkingNation, talks to John about the amount of open jobs right now, the rise in ‘ghost jobs,’ and if we are seeing companies still requiring college degrees for jobs that may not need higher education.
Segment 3: Rich Labriola, Owner, Stan’s Donuts & Coffee, tells John the history of Stan’s Donuts, how they were able to carve out their space in the market, and the opening of a new store in Rosemont!
https://serve.castfire.com/audio/4105941/4105941_2023-03-31-191541.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The proposed merger of Chicago’s Oak Street Health and CVS Health is moving forward. The Justice Department and Federal Trade Commission allowed an antitrust waiting period to lapse this week without taking action that would’ve stopped the merger. While the move does not stop regulators from taking action later, it is a sign the process is advancing. Then two companies announced the $10.6 billion acquisition in February. If the transaction is finalized, Oak Street would become a subsidiary of CVS.
Also, a Chicago startup that uses artificial intelligence to make collecting trading and sports cards less of a chore has picked up some new funding. Listen for more below:
https://serve.castfire.com/audio/4105887/4105887_2023-03-31-172127.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The number of workers back at the office has ticked up. The company that handles security swipes into and out of office buildings says the number is at nearly 51%. Kastle Systems has been keeping track of those security badge swipes. The Chicago metro just hit 50.8%. That’s ahead of most of the other big cities where the average is 48.4%. Los Angeles is at 47.8% and New York is at 47%.
Also, good news about Illinois’ finances. Listen for more below:
https://serve.castfire.com/audio/4105573/4105573_2023-03-30-201213.64kmono.mp3
Segment 1: Phillip Shaw, Certified Financial Planner, Goldstone Financial Group, tells John if there are any long-term repercussions from the recent banking failures, if he believes inflation has peaked, what we could be doing with our money right now, and why he doesn’t see a 2008-type of recession in our future.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about the amount of angel investing happening in the startup community right now, a Chicago startup that uses AI to help school camera systems detect weapons in real time raising money, an app that helps you know the value of your sports cards raised $8M from investors including Brian Urlacher, and Chicago startup Kin continuing to grow and recently raising a $109M funding round.
Segment 3: Carey Westberg-Quitter, Owner / Operator, Tinley Park Roller Rink, joins John to talk about what makes the rink unique, how it started as a square dance hall, how business has been the last couple of years, and coming to the rink is like going into a time capsule.
https://serve.castfire.com/audio/4105555/4105555_2023-03-30-190255.128.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the debt ceiling confrontation, and why the markets seem to be taking a breather right now. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4105229/4105229_2023-03-29-220129.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
NASCAR has landed another big founding corporate partner for its street race in Chicago this summer. Blue Cross & Blue Shield of Illinois joins McDonald’s as a founding partner. Together they are two of Chicago’s biggest companies. NASCAR says Blue Cross will get official presenting, marketing and promotional rights along with branding all over the race’s footprint. The Grant Park 220 and The Loop 121 races will be July 1-2.
Also, single-family home values in the Chicago-area shot up 4.8% in January compared to a year ago. Listen for more below:
https://serve.castfire.com/audio/4105146/4105146_2023-03-29-181646.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the future of work and if we are still going to see companies embracing work from home. Are people going to come back to the office or is the future a flexible work schedule.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about what employees and businesses should be wary of as we approach April Fool’s Day and the desire of some workers to pull pranks.
Segment 3: Scott Bauer, CEO of Prosper Trading Academy, tells John about what is moving the market today, the concern over rates ticking up a bit, the overhang in the economy, why he believes the banking system is safe, the change in the retail market, consumer confidence being up, and if he sees some market opportunity right now.
Segment 4: Jerrod Melman, Executive Partner, Lettuce Entertain You, joins John to talk about all the great Easter and Passover deals they have at their family of restaurants.
https://serve.castfire.com/audio/4104775/4104775_2023-03-28-194715.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s a new push to build a wind farm in Lake Michigan off Chicago. The bill has passed the Illinois House and now goes to the Senate. The wind farm, including 10 to 20 windmills, would be located several miles off South Shore. It would cost electric customers about $680 million in subsidies over the next two decades. One of the bill’s sponsors says those subsidies are marginal give the billions of dollars spent on electric bills every year in the state. Democratic Senator Robert Peters of Chicago tells Crain’s we have to deal with the climate crisis now or later. One climate advocacy group, the Environmental Law & Policy Center, is opposed to the bill and says it’ll end up being a boondoggle for a lucky developer.
Also, the City of Chicago has chosen three projects that’ll be part of the LaSalle Reimagined initiative. Listen for more below:
https://serve.castfire.com/audio/4104768/4104768_2023-03-28-191108.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a recent WSJ poll that showed the vast majority of people don’t think life will be better for their children than it has been for them, how inflation is impacting U.S. parents, and how to make smarter decisions to get out of credit card debt.
Segment 2: Doug Kelly, CEO of the American Edge Project, joins John to talk about how the SVB failure is impacting Chicago’s startup ecosystem, and what U.S. lawmakers can do to support these ecosystems rather than undermine them.
Segment 3: Sharon King, an elementary education and curriculum expert at Mad Science, tells John about the importance of STEM learning for Chicago students, and why STEM education is so essential to prepare students for the future of work.
https://serve.castfire.com/audio/4104360/4104360_2023-03-27-205600.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Electric vehicle maker Rivian is reportedly bringing members of its engineer team to downstate Normal in an effort to speed up production. The Wall Street Journal reports the engineers will be responsible for the design of the factory and how it functions. That could include everything from how the machines work to help build vehicles to the layout of the assembly line. Rivian missed its 2022 production target and has laid off workers in recent months. It’s unclear how many engineers might relocate to the Normal assembly facility.
Also, online recruiting platform Glassdoor is cutting jobs at its Chicago office. Listen for more below:
https://serve.castfire.com/audio/4104293/4104293_2023-03-27-172933.64kmono.mp3
Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the health of the U.S. banking system, if banking issues will bleed into consumer confidence and other sectors of the economy, and how this will impact your retirement portfolio.
Segment 2: Lynn Osmond, President & CEO, Choose Chicago, tells John about USA Today nominating Chicago to win two of its 2023 Readers’ Choice Awards. Chicago is nominated for Best Summer Travel Destination and the Best Outdoor Concert Series. Voting is open now. Vote early and vote often!
Segment 3: Joe Apolloni, Senior Vice President of Retail Stores, Northern Tool & Equipment, joins John to talk about their new store opening in Glendale Heights this weekend.
https://serve.castfire.com/audio/4103818/4103818_2023-03-24-202618.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new ranking of global financial centers now includes Chicago in the top ten. The Global Financial Centres Index ranks Chicago as 8th just ahead of Boston and right behind Shanghai. Chicago was 12th on the index last year. New York is ranked 1st and London is 2nd. According to the index, Chicago ranked high for business environment, human capital, financial sector development and reputation. The city had a strong showing in several other areas as well, including banking, investment management, fintech and trading. Among other things, the index provides evaluations of future competitiveness.
Also, layoffs at Salesforce and Facebook could impact the real estate market in Chicago. Listen for more below:
https://serve.castfire.com/audio/4103801/4103801_2023-03-24-195201.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
McDonald’s has been named a founding sponsor of NASCAR’s upcoming Chicago street race in Grant Park. The event is scheduled for July 1-2. A NASCAR spokesperson says it’s significant to get a local company as a headline sponsor. NASCAR and McDonald’s say the partnership will also support community programs, including those aimed at helping local teens. NASCAR says McDonald’s will have official presenting, marketing and promotional rights and on-course branding and at the start-finish line at Buckingham Fountain.
Also, air taxi service is coming to O’Hare Airport, and it could be up and running just in time to lessen some of the impact of the Kennedy Expressway project. Listen for more below:
https://serve.castfire.com/audio/4103425/4103425_2023-03-23-211925.64kmono.mp3
Segment 1: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with John about yesterday’s announcement from the Fed about interest rates and the safety of the U.S. banking system. Will there be another rate hike down the road?
Segment 2: Rebecca Ryan, Economist and Futurist, tells John about the launch of the “Work Better Project,” which will explore the future of work and offices in a post-COVID world. What can be done to revitalize downtown business districts?
Segment 3: Dan Facchini, Managing Director at Innovation DuPage, joins John to talk about what Innovation DuPage does, how they help entrepreneurs and other businesses, the types of businesses they help, the different types of businesses that walk through their door, and why they choose to be industry agnostic. Also joining the conversation are Ilya Sagalovich, Founder at Havenshine and Marty Leamy, Innovation DuPage Advisor and Strategic Advisor at Havenshine. Ilya tells John about how Innovation DuPage is helping with their autonomous lawnmowers.
https://serve.castfire.com/audio/4103405/4103405_2023-03-23-211405.128.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the Fed and interest rates, a project she’s working on about Social Security Horror Stories, and to answer all of your financial questions!
https://serve.castfire.com/audio/4103034/4103034_2023-03-22-212234.128.mp3
Segment 1: Brian Battle, Advisor, Performance Trust Asset Management, talks to John about what he expects the Fed to do this week in the continued effort to combat inflation, and the takeaway from Treasury Secretary Janet Yellen’s remarks about the U.S. banking system.
Segment 2: Carey Pinkowsi, Executive Race Director for the Chicago Marathon and Shamrock Shuffle, tells John about the 42nd running of the classic Chicago race, happening this Sunday, March 25th.
Segment 3: Mark Steber, Senior Vice President and Chief Tax Information Officer,
Jackson Hewitt, gives John some last-minute tax filing tips ahead of tax day this April. What should you know before you finish your taxes this year?
Segment 4: Laura Ellis, Chief Strategy Officer and President of Residential Sales, Baird & Warner, talks to John about the current state of the real estate market, how the biggest issue in the market is low inventory, if she sees an exodus from the city, and the buyer demand they are seeing right now.
https://serve.castfire.com/audio/4102582/4102582_2023-03-21-190622.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Rush University System for Health is planning a new outpatient center that would cover part of Chicago and suburbs. It would be built at the site of the old Sears store at North and Harlem in the city’s Galewood neighborhood. The $70 million, 60,000-square-foot outpatient center will offer cancer, cardiology and neurology services. The facility would include 90 examination, consultation, and procedure rooms plus lab and radiology services. The facility would include 200 parking spaces. The center is slated to open in early 2025.
Also, some Chicago-area banks want all bank deposits nationwide to be fully insured for the next two years. Listen for more below:
https://serve.castfire.com/audio/4102523/4102523_2023-03-21-175823.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the ongoing concern over regional banks after the SVB failure, The Fed having SVB under “review” for a year because of their capital practices, and the anticipation over the Fed announcement later this week.
Segment 2: Jim Dallke, National Editor, American Inno, talks to John about Rod Blagojevich’s Cameo success, how the SVB failure has impacted the startup scene across the globe, and the health of the startup ecosystem moving forward.
Segment 3: Meghan Harte, Executive Director of the Local Initiatives Support Corporation (LISC) in Chicago, the mission of LISC, how they help revitalize neighborhoods through investment, the challenge of securing loans for some small business, and how they have been able to help many businesses on the south and west sides of Chicago.
https://serve.castfire.com/audio/4102168/4102168_2023-03-20-193808.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago startup on a mission to provide world-class music education that’s accessible to more people has secured new funding through a Series A round. Trala raised $8 million, which pushes its total to $15 million. It’s an online music school launched in 2017. They use technology that listens to a person play their instrument and it gives instant feedback on their practice. The app also pairs students with teachers. Their target audience is musicians who wouldn’t have access to music education otherwise. In 2022, Trala saw 14 times growth and added 30 new music teachers to its roster. The new funding will help the company expand.
Also, Illinois lawmakers are considering legislation that would change the classification of ride-share companies like Uber and Lyft to common carriers. Listen for more below:
https://serve.castfire.com/audio/4102154/4102154_2023-03-20-191054.64kmono.mp3
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about why the current banking environment will have minimal impact on inflation, the trust we should have in the U.S. banking system, the Fed painting themselves into a corner with raising interest rates, if we will see a deep recession, and where you can find some opportunities if you are a long-term investor.
Segment 2: Ryan Wagner, the National Guinness Brand Ambassador and Head of Marketing and Community Partnerships for The Open Gate Brewery, tells John about the new Guinness brewery that will be opening in Chicago later this summer! It’s only the second brewery outside of Ireland! Happy St. Patrick’s Day!
Segment 3: Jennifer Prell, President, Elderwerks, talks to John about the help Elderwerks gives to seniors, and an upcoming seminar they are holding to warn seniors of financial scams and what can be done to protect yourself from becoming a victim.
https://serve.castfire.com/audio/4101576/4101576_2023-03-17-194216.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
You’ll be able to have a bite to eat again after checking out Monet and van Gogh at the Art Institute of Chicago. Dining options are reopening. Boka Restaurant Group and Levy will oversee food and beverages. Crain’s reports they’ll debut new menus at three dining areas at the Art Institute, including The Market, the Modern Cafe and the Member Bar. The service will begin March 23 after being closed for three years because of the COVID pandemic. The Art Institute has spruced up its dining areas during the down time.
Also, there’s more unrest among franchisees of McDonald’s. Listen for more below:
https://serve.castfire.com/audio/4101497/4101497_2023-03-17-174737.64kmono.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the concern regarding Silicon Valley Bank, and the U.S. banking system, the Fed resuming its fight against inflation, the likelihood we see inflation continue to fall, and where we should be putting our money right now.
Segment 2: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about how the crisis with Silicon Valley Bank is a good opportunity for states in flyover country
Segment 3: Adam Elias, CEO, WhirlyBall, joins John to talk about all the fun you can have playing WhirlyBall (celebrating 30 years!), why it’s perfect for corporate team building or a night out, how they also provide a full entertainment mecca including laser tag and a private meeting place, and their plans for expansion down the road.
https://serve.castfire.com/audio/4101193/4101193_2023-03-16-204133.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
There’s been some volatile trading following the collapse of two big banks, including Silicon Valley Bank. And trading volume at CME in Chicago hit a record high earlier this week as a result. The futures and options exchange hit the record on Monday, March 13. Trading volumes were highest among short-term interest rate futures and futures contracts on certain equity indexes. Investors have been jittery about the health of the banking sector. CME is no stranger to volatile trading. It’s where investors go to protect themselves or profit from market uncertainty.
Also, Kellogg has picked a name for its new snack business that’ll be headquartered in Chicago. Listen for more below:
https://serve.castfire.com/audio/4101167/WBM_3-16-23_2023-03-16-190007.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to break down the latest news about banking failures and why we haven’t seen a recession despite signs of one. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/4100758/4100758_2023-03-15-210258.128.mp3More with Terry Savage
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss the failure of Silicon Valley Bank, the problem with government bailing out failing banks, and why we he believes we will see more layoffs from tech companies.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about how less managerial time and effort is being devoted to helping employees actually understand and do their jobs and why this is leading to unsurprising employee confusion and mishaps.
Segment 3: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to tell us if we need to be concerned about the US banking system, the consumer price index rising 0.4% in February and 6% from a year ago, what the Fed will do with interest rates later this month, and what is causing people to say that their finances are worse now than they were before the pandemic.
https://serve.castfire.com/audio/4100319/4100319_2023-03-14-202219.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The CEO of Grubhub is leaving the company. Adam DeWitt has been with GrubHub for 11 years. He’s been CEO for the last two, taking the help right after the company’s merger with JustEatTakeaway.com. He says Grubhub is in great hands and he’s proud of the accomplishments of his team. JustEatTakeaway is based in Amsterdam and runs food delivery services around the world. It owns Grubhub in the U.S. and SkipTheDishes in Canada.
Also, Chicago veterinary startup GoodVets is planning an expansion. Listen for more below:
https://serve.castfire.com/audio/4100257/4100257_2023-03-14-171057.64kmono.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to talk about recent bank failures and what that means for the economy moving forward. Mark also breaks down Friday’s jobs numbers and what a robust job market means for the Fed announcement later this month.
Segment 2: Nationally syndicated financial columnist and author Terry Savage joins John to answer all of your questions regarding the multiple bank collapses that have occurred over the last few days.
Segment 3: Jim Dallke, National Editor, American Inno, tells John about the unique relationship Silicon Valley Banks had with startups and how the news of their failure left startup CEOs scrambling over the weekend.
Segment 4: Elliot Richardson, Co-founder and President, Small Business Advocacy Council, talks to John about what the next mayor of Chicago needs to do in order to better serve the many small businesses in Chicago.
https://serve.castfire.com/audio/4099906/4099906_2023-03-13-203606.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Guinness will open a brewery this summer in Chicago’s Fulton Market District. Crain’s reports the brewery will be the second U.S. location for the Irish beer company. The Guinness Open Gate Brewery will include 15,000-square-feet and include a 10-barrel brewhouse, taproom, restaurant, retail shop, patio, and private event space. The brewery at 901 W. Kinzie will have a staff of 75 people.
Also, Electric vehicle maker Rivian wants permission to see other people in its relationship with Amazon. Listen for more below:
https://serve.castfire.com/audio/4099820/4099820_2023-03-13-174520.64kmono.mp3
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about how much he loves “Top Gun!” Craig also breaks down today’s jobs report, the importance of diversity in portfolios, why Silicon Valley Bank shut down, the Fed trying to keep inflation in check, when ‘revenge travel’ will start to wear out, and where he believes we should be putting our money right now.
Segment 2: Michael Drew, Founding Principal, Structured Development, talks to John about The Seng, Chicago’s first all-affordable condo building of its size, available to income-restricted buyers through a program with the Chicago Housing Trust.
Segment 3: Deirdra Kiely from the Trinity Academy of Irish Dance, tells John about all the ways the Trinity Irish Dancers will be celebrating the St. Patrick’s Day season!
https://serve.castfire.com/audio/4099325/4099325_2023-03-10-225525.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago startup will get a national audience Friday with an appearance on the ABC reality show Shark Tank. Pluie will showcase its self-sanitizing diaper changing table for public restrooms. The company’s founder and CEO and cofounder and COO will pitch their product to the show’s investor panel. Both founders are moms and launched Pluie in 2020. They were one of the big winners of the Chicago Innovation Awards last year. The changing table is powered by a UV-C light system that turns on when the table is folded and not in use. It can kill 99.9% of germs, bacteria and viruses.
Also, the currently empty former Apple store on Michigan Avenue has landed a new tenant. Listen for more below:
https://serve.castfire.com/audio/4099218/4099218_2023-03-10-183218.64kmono.mp3
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the panic that is going on with the stock market, what he would like to see the Fed do to combat inflation, why he still believes we have a pretty good economy, and why it’s a great opportunity to look for values if you are a long term investor
Segment 2: Lori Hendren, Associate State Director, Advocacy & Outreach with AARP Illinois, joins John to talk about AARP’s annual report on family caregiving and the costs associated with caring for a loved one. AARP Illinois is using the release of this latest report to urge the state’s lawmakers to pass the “Illinois Family Caregiver Income Tax Credit,” which would provide a non-refundable income-tax credit.
Segment 3: Jonathan DiModica, Founder, Got Sole, tells John about Chicago Got Sole, a sneaker convention coming to Rosemont this weekend!
https://serve.castfire.com/audio/4098869/4098869_2023-03-09-213409.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Northwestern University Professor Janice Eberly has emerged as a frontrunner to become the new vice chair of the Federal Reserve. That’s according to a report by Bloomberg News. Eberly previously served as chief economist for the Treasury Department under President Obama. If selected, she’d replace Lael Brainard. Eberly has been interviewed by the White House Chief of Staff and has met with Treasury Secretary Janet Yellen and Brainard. A final decision hasn’t been made and Eberly would still have to meet with President Biden.
Also, the number of workers returning to the office in Chicago appears to be stuck at 50%. Listen for more below:
https://serve.castfire.com/audio/4098794/4098794_2023-03-09-180334.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Seven new restaurants have been added to the Michelin Chicago guide and it could mean those eateries are in line for coveted Michelin stars. Avli, Indienne, Roux, Sueños, The Izakaya at Momotaro, Union and Pompette are the newest additions. Crain’s reports the restaurants could end up receiving a star from Michelin as soon as this spring. The stars are usually announced in the spring. The restaurants include a mix of Greek, Indian, Mexican, Japanese, and American. 23 Chicago restaurants earned a Michelin star last year.
Also, CF Industries is moving its headquarters from Deerfield to Northbrook and cutting the size of its offices by more than half. Listen for more below:
https://serve.castfire.com/audio/4098495/4098495_2023-03-08-225135.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about what Federal Reserve Chairman Powell had to say about interest rates, how the market has been impacted by Chairman Powell’s remarks, the labor outlook, inflation, and where the interest rate is likely headed later this month. Terry also answers all of your financial questions.
Segment 2: Nichole Benolken, Managing Director, 360 Chicago, tells John about CloudBar, a new lounge on the 94th floor of 875 North Michigan Avenue (formerly the John Hancock building) at the 360 Chicago Observation Deck, featuring food and drink options from local businesses.
https://serve.castfire.com/audio/4098484/4098484_2023-03-08-223624.128.mp3More with Terry Savage
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about Fed Chairman Powell saying interest rates will rise more than expected and what that will mean for the market and the economy moving forward.
Segment 2: Jane Oates, President, WorkingNation, talks to John about “Productivity Paranoia” and why distrust is developing between co-workers who work remotely and employees that are still working in an office setting.
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a number of his recent stories including the latest news on Michael Jordan’s mansion, what may have caused a recent spike in home sales, a Gold Coast co-op with a hidden bar hitting the market for first time since 1945, and the city investing $25 million to back mortgages on West and South sides.
https://serve.castfire.com/audio/4098008/4098008_2023-03-07-203108.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The founder of the Mr. Beef stand in Chicago’s River North has died. Joe Zucchero had been battling non-Hodgkin’s lymphoma. He died last Wednesday at the age of 69. He and his brother opened the stand on North Orleans in 1979. It grew in popularity and inspired the TV show “The Bear.” Zucchero’s son says Mr. Beef will continue to operate.
Also, Facebook has started sending out an additional $30 payment to nearly one million Illinois users who successfully cashed their initial payment of $397 last year. Listen for more below:
https://serve.castfire.com/audio/4097914/4097914_2023-03-07-180414.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to review all the great things she saw at the Inspired Home Show at McCormick Place.
Segment 2: Jim Dallke, National Editor, American Inno, tells John about a new Chicago startup that gives you a one stop shop for creating a will, funeral planning, obituary and other end of life needs, a California company that helps train tech workers in underserved communities planning to open a location in Chicago, and a Chicago health tech company using AI to better detect heart disease.
Segment 3: Adam Rogers, Senior Tech Correspondent, Business Insider, talks to John about AI and why we should be careful about trusting the new technology.
https://serve.castfire.com/audio/4097555/4097555_2023-03-06-211255.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
It’s here. Garrett Popcorn’s newest flavor, Frango Chocolate Mint CaramelCrisp Mix. The company’s rolling out the new popcorn for St. Patrick’s Day and sales begin March 10. The new mix will be sold online and at Garrett shops at 625 N. Michigan and at Woodfield Shopping Center in Schaumburg. The popcorn is tossed in both milk and white chocolate and blended with Frango Mint oil. Those chocolate kernels are mixed with Garret’s CaramelCrisp. Frango Chocolate Mint CaramelCrisp Mix will be available at Garrett through mid-May.
Also, a tentative contract between Caterpillar and the United Auto Workers union will stop the company from closing plants.
https://serve.castfire.com/audio/4097472/4097472_2023-03-06-180412.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A group of developers has unveiled plans to turn LaSalle Street office buildings into apartments as part of Chicago’s LaSalle Street Reimagined initiative. Five teams of developers are vying for taxpayer help to revitalize the Loop corridor. Crain’s says say they presented their plans last night for six different projects worth about $1.1 billion, including 2,100 residential units. The City of Chicago is offering subsidies to turn vacant offices into apartments. One project at 30 N. LaSalle would include 432 units. One at 208 S. LaSalle would include 280 units. 135 S. LaSalle would include 430 units. 111 W. Monroe would see 349 units. All of the projects set aside so-called affordable housing as well.
Also, a new state of the art biomedical research hub is coming to Chicago. Listen for more below:
https://serve.castfire.com/audio/4096906/4096906_2023-03-03-213806.64kmono.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the strong labor market, the economic contrast in the U.S. right now, what the Fed can do about troubling inflation, and why immigration is good for an economy.
Segment 2: Ken Tumin, Senior Industry Analyst, LendingTree, tells John about a new survey that shows more than a third of Americans are relying on their tax refund this year.
Segment 3: Siobhan McKinney, owner of Chief O’Neill’s, tells John about all the great events they have planned for the month of March in honor of St. Patrick’s Day!
https://serve.castfire.com/audio/4096878/4096878_2023-03-03-200118.128.mp3
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about what is moving the market today, where we should think about putting our money right now, inflation still being stubbornly high, how the Fed plans to combat inflation, and why the theories of Sir Isaac Newton matter to investing.
Segment 2: Michelle Rohrer-Lauer, the leading Chicago interior designer specializing in sustainable design, tells John what sustainable design is, the relevancy right now of sustainable design, consumer behavior toward sustainable home design options, some of the best sustainable products that you could purchase like wool and aluminum, and what you should look for if you are looking to buy more sustainable items.
Segment 3: Kyle Schulz, EVP, Business Development, World Business Chicago, talks to John about the city of Chicago ranking #1 for business relocations and expansion according to Site Selection magazine.
https://serve.castfire.com/audio/4096420/4096420_2023-03-02-210620.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
One of the Chicago-area’s big banks is eliminating overdraft fees. Wintrust Financial says it’ll also no longer charge fees for ATM withdrawals or debit card purchases that result in an overdraft. Those transactions will be rejected if the account has insufficient funds. Other major banks have reduced fees but haven’t eliminated them. Wintrust says current technology and real-time notifications have allowed customers to remedy overdraft situations before they occur.
Also, upscale convenience store operator Foxtrot has raised nearly $19 million in new funding to pay for store openings and continue its expansion. Listen for more below:
https://serve.castfire.com/audio/4096407/4096407_2023-03-02-201307.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about last night’s election and the finances of Chicago, credit card debt, consumer confidence declining, and the strength of the labor market. And as always, Terry is here to answer all of your financial questions about student loans, social security and I-Bonds.
Segment 2: Sheila Weinberg, founder and CEO of Truth in Accounting, joins John and Terry to talk about the financial health of the city of Chicago and the state of Illinois.
https://serve.castfire.com/audio/4096010/4096010_2023-03-01-222210.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Electric vehicle maker Rivian Automotive, which has a manufacturing plant in downstate Normal, says it expects a loss of nearly $4.5 billion in 2023. The company has issued its latest earnings report and shares have fallen throughout the day. Rivian says it plans to build 50,000 vehicles this year, which would be double last year’s production but still below Wall Street estimates. The company says supply chain issues are still limiting production. During the quarter, Rivian encountered multiple days of lost production because of supplier shortages.
Also, some McDonald’s franchisees have concerns about the company’s collaboration with rapper Cardi B. Listen for more below:
https://serve.castfire.com/audio/4095897/4095897_2023-03-01-182137.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
State Farm has filed for another auto insurance rate hike in Illinois. The 6.5% increase would take effect next month and comes after the company posted a $6.7 billion net loss for 2022. It’s the most unprofitable year ever for the Bloomington-based insurer. State Farm’s auto insurance business drove the numbers down with nearly $13 billion in underwriting losses. Claims and loss adjustment expenses came in at about $48 billion. The company generated about $46 billion in premium revenue. Nearly all of the big four auto insurers lost money insuring vehicles in 2022.
Also, Target and Solo Cup have signed leases for warehouses in the southwest suburbs as the companies expand their footprint. Listen for more below:
https://serve.castfire.com/audio/4095472/4095472_2023-02-28-215512.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the best ways to show employee appreciation throughout the year. And what employers and employees can both do to make the company stronger.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about some trending work terms for 2023 including, “Scatter-Shot Job Seeking,” “Minimal Mondays,” and “Robin-Hood’ing the ‘Man’ (or woman).”
Segment 3: Adam Taggart, CEO & Founder of Wealthion, joins John to talk about how a recession will impact the labor market, why he believes a ‘hard landing’ recession is likely, and why the markets were down in February.
Segment 4: Gus Noble, CEO, Caledonia Senior Living in North Riverside, gives John and listeners some tips on how to speak to someone about moving to a senior living community.
https://serve.castfire.com/audio/4095465/4095465_2023-02-28-205105.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about pending home sales improving for the second straight month, the ongoing concern over interest rates, apartment rents declining, and what we should look for at the Inspired Home Show at McCormick Place this week.
Segment 2: Jim Dallke, National Editor, American Inno, tells John about the latest in startup innovation including Rivet, an artificial-intelligence-powered audience management platform, moving to Chicago, a prolific Chicago inventor developing a device that can measure how much you use your voice, and a Chicago 3D printing startup being used to help develop a basketball used in the NBA dunk contest.
Segment 3: Ted Rossman, Bankrate.com Senior industry analyst, joins John to talk rising credit card debt and what you should do if you are trying to pay off credit card balances.
https://serve.castfire.com/audio/4095002/4095002_2023-02-27-202802.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Chicago area has failed to recover all of the jobs lost during the pandemic, but a new analysis shows Chicago’s 25 largest employers are making a dent. Crain’s reports they’ve exceeded their pre-COVID headcounts. Those employers saw a 10.3% increase in employees between 2019 and 2022. But small to medium-sized employees saw a nearly 4% decrease. Overall employment in the Chicago area dropped 14% from early to mid 2020 and is still below pre-pandemic levels.
Also, a Chicago fintech startup is cutting staff. Listen for more below:
https://serve.castfire.com/audio/4094909/4094909_2023-02-27-175309.64kmono.mp3
Matt Kaufman, SVP, Head of ETFs, Calamos Investments, talks to John about the shift towards the use of exchange traded funds (ETFs), how much growth there is in the ETF space, how ETFs differ from a mutual fund, and their partnership with the great Giannis Antetokounmpo to give back to the community and to build a series of investment products.
https://serve.castfire.com/audio/4094361/4094361_2023-02-24-204601.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to explain why it’s bad news that the economy is strong. And as always, Terry answers your financial questions.
Segment 2: Matt Kaufman, SVP, Head of ETFs, Calamos Investments, talks to John about the shift towards the use of exchange traded funds (ETFs), how much growth there is in the ETF space, how ETFs differ from a mutual fund, and their partnership with the great Giannis Antetoukoumpo to give back to the community and to build a series of investment products.
Segment 3: Jeff Infusino, President, Camp One Step, tells John about the work they do providing free year-round camp experiences for kids with cancer.
https://serve.castfire.com/audio/4094360/4094360_2023-02-24-205500.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Corner Bakery has filed for Chapter 11 bankruptcy protection. The fast-casual breakfast and lunch chain has 20 locations in Illinois, including eight in Chicago. Most of its local locations are in the Loop. Crain’s reports the slow return of workers in urban areas has hurt the company financially. Only about 50% of workers are back in their downtown offices. Corner Bakery has also seen a dramatic drop-off in corporate catering. The chain was once owned by Lettuce Entertain You. It’s now owned by a company based in Pennsylvania.
Also, Illinois has earned another credit upgrade. Listen below for more:
https://serve.castfire.com/audio/4094279/4094279_2023-02-24-184919.64kmono.mp3
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the best ways to invest in this economic climate, the importance of having a financial plan, the Fed’s continued plan to tackle inflation, and general strategies for minimizing tax pain.
Segment 2: Randy Hultgren, President and CEO of the Illinois Bankers Association, talks to John about the rise of check fraud across Illinois and some tips consumers can use to protect themselves.
Segment 3: Claire Reilly, Principal Video Producer, CNET, joins John to talk about how the world is negotiating new AI technology.
https://serve.castfire.com/audio/4093927/4093927_2023-02-23-210027.128.mp3
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, talks to John about why the market had such a bad day yesterday, what he expects to happen with the markets after the Fed releases their minutes, retail sales being strong, credit card debt rising, the overall economy being strong, and why he thinks we’ll have a soft landing from a recession.
Segment 2: Carrie Szarzynski, senior vice president – Midwest Region for Hiffman National, tells John about the steps office buildings can and should take to attract and retain tenants, especially if workers are only spending time there a few days per week.
Segment 3: Jason Lesniewicz, Senior Director Cultural Tourism, Choose Chicago, tells John about everything that is in the brand new 2023 Chicago Visitors Guide.
https://serve.castfire.com/audio/4093535/4093535_2023-02-22-225435.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Weber is a private company again. BDT Capital Partners closed its deal with the grill maker and now has a daunting task of turning around the Palatine-based company. Weber’s net sales dropped 42% in the quarter that ended Dec. 31. It reported a net loss of $195 million for all of fiscal 2022. According to Crain’s, BDT is on a rescue mission and has agreed to lend Weber more than $350 million to get the company through the rest of this year. The company’s been cutting jobs, but BDT hasn’t commented on its plans to turn Weber around.
Also, Amazon has completed its purchase of One Medical and it could impact some operations in Illinois. Listen below for more:
https://serve.castfire.com/audio/4093436/4093436_2023-02-22-184436.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Cannabis company MedMen Enterprises is trying to sell some of its dispensaries, including two in suburban Chicago. The company, which operates 29 retail stores and six cultivation centers across seven states, says it’s considering selling dispensaries in Oak Park and Morton Grove. Facilities in Nevada and Arizona could also be sold. The company is in the middle of a restructuring and says it’s also cut payroll costs by 34%. MedMen has operations in California, Nevada, Arizona, Florida, Illinois, New York, and Massachusetts.
Also, Chicago-based United Airlines is partnering with Boeing, GE Aerospace, JPMorgan Chase and others with investments in the development of sustainable aviation fuel. Listen for more below:
https://serve.castfire.com/audio/4093144/4093144_2023-02-22-003844.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how you can use ChatGPT in your job search. Also, are cover letters still relevant?
Segment 2: Jim Dallke, National Editor, American Inno, tells John about the latest in startup innovation including Tovala officially jumping into the air fryer business, and a quantum data storage startup landing funding.
Segment 3: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the market downturn today, if he believes we’ve seen the bottom of the market, the likelihood we see a shallow recession, and the continued slowing of the housing market.
Segment 4: Rashod Johnson, CEO and President, Ardmore Roderick tells John about how his company is fostering future generations of engineers and their partnership with an elementary school in Englewood to get kids interested in engineering.
https://serve.castfire.com/audio/4093059/4093059_2023-02-21-200259.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about remote work impacting the economy, a new study that shows 75% of Americans have regrets about moving, and the hot new benefits that employers are bringing on to keep employees happy.
Segment 2: Jane Oates, President, WorkingNation, talks to John about the importance of learning agility, the challenges of remote work and learning, the rise of the term ‘deskless workers,’ the amount of money cities are losing due to remote work, and why employers need to get creative about hybrid work.
https://serve.castfire.com/audio/4092636/4092636_2023-02-20-205836.128.mp3
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to break down all the economic data coming out this week, why the market continues to be volatile, why all eyes are on the Fed, the resiliency of the economy right now, and his advice to investors in this economic climate.
Segment 2: Nationally syndicated financial columnist and author Terry Savage joins John to talk about Governor Pritzker’s speech earlier this week, the long-term strength of the stock market, and rising credit card debt. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4092050/4092050_2023-02-17-214750.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Home prices in Chicago dropped sharply in January. The Chicago Association of Realtors says the median price of homes sold in Chicago fell 10% to $261,000. The drop is sharper than declines in the condo market and in other Chicago area counties. Experts put the blame on rising interest rates. For comparison, the median home price in Lake County was up 7%. In DuPage County it was down 2.5%. The Chicago condo market saw prices that were essentially flat, down 0.4% from a year ago.
Also, Deere & Co. has raised its earning guidance and its shares have been climbing in Friday trading. Listen below for more:
https://serve.castfire.com/audio/4091979/4091979_2023-02-17-183119.64kmono.mp3
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John Williams to talk about wholesale prices rising 0.7% in January, the reaction to the markets after another hot inflation report, and how economists still worry recession could be on the way.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John Williams about a variety of tech stories including the new Phone Ultra could be coming in 2024, Amazon’s Zoox self-driving taxis coming to public roads, and the head of YouTube announcement of stepping down.
Segment 3: Colleen Baader, Rieke Interiors Senior Vice President and Co-Owner joins John Williams to discuss the five reasons why employers should encourage workers to come back to the office.
Segment 4: Ray Stout, Executive Director of Illinois Craft Brewers Guild joins John to talk about the introduction of the legislation to legalize direct-to-consumer beer shipping, expand self-distribution privileges, and make it easier for breweries to grow.
https://serve.castfire.com/audio/4091572/4091572_2023-02-16-203612.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago startup Tovala, with its prepared meals and smart oven, is adding an air fryer to its offerings. The company has unveiled its newest oven, called the 5-in-1 Tovala Smart Oven Fryer, to join its original oven, now called the Smart Oven Pro. The newest oven adds air frying capabilities with a dual-speed fan that can crispy fry food items. The new oven will come in a stone-grey color while the original oven is charcoal black. Recent research shows the demand for air fryers has increased 51% over the past three years with sales of nearly $13 million in 2022.
Also, a popular Chicago restaurant is temporarily closing because the building where it’s located is being torn down and rebuilt. Listen for more below:
https://serve.castfire.com/audio/4091475/4091475_2023-02-16-175915.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The downtown Chicago Greyhound bus station is up for sale. Crain’s reports the lot could be a prime location for a new high-rise project. The bus depot is located at 630 W. Harrison on about 88,000 square feet. The report says the site could accommodate a development with two towers. Experts say the property should sell for $20 million to $25 million. Greyhound still operates the station under a lease agreement that’s set to expire in a couple of years.
Also, University of Chicago Medicine says the price tag for its planned Hyde Park cancer center has gone up. Listen for more below:
https://serve.castfire.com/audio/4091037/4091037_2023-02-15-172037.64kmono.mp3
Segment 1: Tom Gimbel, Founder and CEO, LaSalle Network, joins John to talk about their new survey that shows 85% of employed people would consider quitting their job in 6 months.
Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about why American companies are removing a 4 year college degree from job requirements.
Segment 3: Matt Schultz, Chief Credit Analyst, Lending Tree, joins John to talk about how much Americans spend on Valentine’s Day and the credit card debt that may follow.
Segment 4: Jim Starwalt, Broker Owner: Better Homes and Gardens Real Estate Star Homes, share how to go about buying a home with a significant other.
https://serve.castfire.com/audio/4090763/4090763_2023-02-14-234603.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
An analysis by self-storage company StorageCafe.com says Chicago’s downtown ranks among the best for residential living. The company examined several factors including living options, safety and lifestyle amenities. The findings were reported by Axios. 67% of the downtown apartments are considered high-end, 90% of rental buildings offer fitness center access and there are 11 restaurants and 2.6 theaters per 1,000 downtown residents. Crime has been on the increase, but the analysis shows it’s lower than 2016-2019. The report comes as the City of Chicago works to increase the number of downtown living spaces.
Also, Chicago office workers are spending about $2,400 less per year on food, shopping and entertainment near the places where they work. Listen for more below:
https://serve.castfire.com/audio/4090575/4090575_2023-02-14-173315.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a how to have conversations about money with the people you love.
Segment 2: Jim Dallke, National Editor, American Inno, tells John about new startups popping up in Chicago.
Segment 3: Jodi Zombolo, Associate Vice President, Visitor Events & Programs, Chicago Botanic Garden, joins John to share the details of the Chicago Botanic Garden’s The Orchid Show: Magnified.
https://serve.castfire.com/audio/4090243/4090243_2023-02-13-211643.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-area commercial property values are up. A report in Crain’s says values rose 2.8% in 2022. That’s considerably less than the 22.5% increase in 2021 but is still seen as a positive development given the current market turmoil. Stats from MSCI Real Assets show the volume of commercial property sales in the Chicago area fell to about $11 billion last year, down about 12% from 2021.
Also, a Skokie company that’s working to turn pollution into energy is now trading on the NASDAQ. Listen for more below:
https://serve.castfire.com/audio/4090219/4090219_2023-02-13-201419.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Office occupancy in Chicago and other major cities U.S. cities has climbed above 50% for the first time since March 2020. That’s according to Kastle Systems, the security company that monitors worker swipes on building security systems. Chicago joins ten other cities in hitting the milestone. The return to work isn’t consistent across all workdays. The data shows Friday is the lowest day of occupancy and Tuesday is the highest.
Also, Chicago-based GE HealthCare is buying artificial intelligence-powered ultrasound company Caption Health. Listen for more below:
https://serve.castfire.com/audio/4089593/4089593_2023-02-10-215333.64kmono.mp3
Segment 1: Brian Battle, Advisor, Performance Trust Asset Management, talks to John about why the market is having a down week, if he believes high rates are here to stay for a bit, the economy being unpredictable after the pandemic, the strong labor market, why we need to be concerned about credit card debt, and what we learned from today’s consumer sentiment data.
Segment 2: Carl Prouty, “The Technologist” at Abt Electronics in Glenview, talks to John about great deals on TVs and other products that are available at Abt if you want to upgrade your Super Bowl party.
Segment 3: Mark Thomas, Owner, The Alley, tells John about the upcoming “Odd in Avondale Valloween” event coming up on Valentine’s Day.
https://serve.castfire.com/audio/4089585/4089585_2023-02-10-211825.128.mp3
Segment 1: Justin Reppy, Senior Advisor, Goldstone Financial Group, talks to John about the likelihood we see a recession this year, the conflicting data that has been coming out recently, the Fed’s plan to handle inflation, and his advice to investors in this economic climate.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, tells John about the latest news regarding Netflix password sharing, Microsoft’s Bing search engine incorporating the language technology behind ChatGPT, and Google unveiling its ChatGPT rival, Bard.
Segment 3: Ally Marotti, Reporter, Consumer products, food, restaurants, retail, for Crain’s, joins John to discuss some of her recent stories including a Chick-fil-A coming to O’Hare, McDonald’s looking to open 1900 locations across the world, the Chicago restaurant group behind West Town Bakery teaming up with a new dispensary that’s open in Wheeling, and the new restaurant replacing Tavern on Rush.
Segment 4: Cate Deventer, Analyst, Bankrate, talks to John about the true cost of auto insurance in 2023.
https://serve.castfire.com/audio/4089095/4089095_2023-02-09-201235.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Deerfield-based Baxter International is the latest Chicago-area company to announce job cuts. It plans to reduce its global headcount by less than 5%. The cuts come as the company launches a restructuring plan. As many as 3,000 employees will be cut worldwide in the second quarter. Baxter lost $2.4 billion in 2022. At the end of last year, it employed about 60,000 people worldwide.
Also, skyrocketing insurance in Illinois has prompted a new push in Springfield to give the Illinois Department of Insurance the power to reject auto insurance rate hikes. Listen for more below:
https://serve.castfire.com/audio/4089003/4089003_2023-02-09-181403.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the IRS taking your tax return questions this Saturday, and the latest on student loan debt relief. Terry also answers all of your questions about T-Bills and I Bonds. Terry and John are also joined by Ed Wehmer, CEO and Founder of Wintrust, who recently announced he will step down as CEO. Ed discusses the overall economic climate, what is going on with interest rates, the chances of a recession, doing business in Chicago, and being a pillar of the business community in Chicago.
https://serve.castfire.com/audio/4088679/4088679_2023-02-08-220419.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The redevelopment of the former AT&T campus in Hoffman Estates is moving forward. Village trustees have approved the next phase of the project that calls for construction of new residential units on the property. The plan includes construction of 164 townhouses and 300 apartments, according to Crain’s. The developer’s goal is to transform the 150-acre abandoned office park into a pedestrian-friendly working, dining and living space. A similar project by the same developer in New Jersey is almost complete and nearly sold out.
Also, a West Loop office landlord is the latest to be hit with foreclosure. Listen for more below:
https://serve.castfire.com/audio/4088657/4088657_2023-02-08-213257.64kmono.mp3
Segment 1: Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the explosive jobs growth and what that means for the Fed trying to tame inflation. Ilyce also explains why she sees the economy as being strong and how much we are paying to celebrate Valentine’s Day.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a number of his recent stories including how the seasonal real estate cycle is back, why sales are down, six clues that home prices have found their happy place, a knockoff of Frank Lloyd Wright’s Robie House quickly went under contract, and why a Gold Coast building has been vacant since 1990.
https://serve.castfire.com/audio/4088198/4088198_2023-02-07-203538.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The CVS Health acquisition of Chicago-based Oak Street Health is almost a done deal. The Wall Street Journal reports the sale price will likely be $10.5 billion including debt. It values Oak Street at $39 a share. Oak Street Health provides primary care to Medicare patients and focuses on frequent checkups, preventative screenings and social worker intervention to reduce overall medical costs. The deal would allow CVS to expand from its pharmacy roots into primary health care.
Also, Illinois is launching a $40 million grant program to create large development-ready areas known as “mega sites” across the state. Listen for more below:
https://serve.castfire.com/audio/4088108/4088108_2023-02-07-183208.64kmono.mp3
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the jobs report surpassing expectations last week, what that means for the economy, the relationship between employment and inflation, what he expects the Fed to do with interest rates next month, and why he believes people should stay committed to their long-term financial plans.
Segment 2: Jim Dallke, National Editor, American Inno, tells John about the 23 startups to watch in 2023.
Segment 3: Aaron Mok, Tech News Reporter, Insider, talks to John about ChatGPT and the 10 jobs that AI is most likely to replace.
https://serve.castfire.com/audio/4087748/4087748_2023-02-06-204448.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A Chicago tech startup is about to roll out a hardware-software kit that will make most modern tractors fully autonomous. Crain’s reports Sabanto will roll out the self-driving retrofit in the coming months, beating big companies like Deere to the punch. The other companies have been using self-driving tech, but it still requires a driver to take control at the end of each row of corn or soybeans. Sabanto’s system automates that tractor turnaround. The expected price for the kit will be $50,000 and up per unit. Its release comes at a time when American farms are dealing with big labor shortages. By the way, Sabanto means “servant” in Japanese.
Also, Rivian Automotive is reportedly developing an electric bike. Listen for more below:
https://serve.castfire.com/audio/4087747/4087747_2023-02-06-204147.64kmono.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down the remarkably strong January labor report.
Segment 2: Marguerite Ward, Correspondent, Insider, tells John why CEO’s who are demanding employees return to the office could be hurting diversity.
Segment 3: Alan Shapiro, Founder, Cider Summit, talks to John about the upcoming Cider Summit Chicago happening Saturday at Navy Pier.
https://serve.castfire.com/audio/4087037/4087037_2023-02-03-211837.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new analysis shows Chicago had the 10th highest inflation rate increase last year. The compilation by Axios looked at Consumer Price Index data. It shows Chicago area inflation rose 5.5% from 2021 to 2022. That’s down from the 7% annual increase the year before. Miami recorded the highest inflation increase at 9.9%. Phoenix came in next at 9.5% followed by Seattle at 8.4% and Atlanta at 8.1%. Philadelphia, New York City, Baltimore, Detroit and St. Louis all saw increases in the 6% range.
Also, Chicago area Bed Bath and Beyond stores are closing as the company teeters on the brink of bankruptcy. Listen for more below:
https://serve.castfire.com/audio/4086956/4086956_2023-02-03-181656.64kmono.mp3
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about how well the market has been performing this year, why he doesn’t see a recession coming, and why he believes in profits and earnings rather than ‘zombie’ stocks.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, tells John about what we know about Netflix rolling out a new crackdown on password sharing.
Segment 3: Michael Edwards, President and CEO, Chicago Loop Alliance, joins John to break down their new report on downtown activity during the last quarter of 2022.
Segment 4: Jacqui Hebein, Director of Agency Relations, Northern Illinois Food Bank, tells John about how donations have been going recently, if there is a greater need for donations now, and an innovative platform and digital Food Finder map helping neighbors experiencing food insecurity connect with vital food resources in their community and surrounding areas.
https://serve.castfire.com/audio/4086586/4086586_2023-02-02-201126.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Another Illinois company is trimming its workforce. State Farm Insurance will lay off 451 workers. The Bloomington-based company has filed its plans with Illinois’ Department of Commerce and Economic Opportunity. The cuts are a small percentage of the insurer’s nearly 53,000 global workforce. The other companies announcing job cuts include Groupon, which is shedding 500 jobs; Uber Freight is laying off 150 people; and Rivian is reducing its workforce by 6%.
Also, BMO Harris Bank is doing away with the Harris name later this year. Listen for more below:
https://serve.castfire.com/audio/4086484/4086484_2023-02-02-174524.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about how the markets are performing before Chairman Powell’s upcoming announcement, January being a great month for the stock market, the likelihood there will be a recession. And as always, Terry answers all of your financial questions.
Segment 2: Martha Razo, CEO of two Chicago based-businesses: Guero’s Pallets and Solix Business Services, and author of “Business Diva: Stories of Women Leading in Business,” tells John about her businesses, why she decided to write her new book, what she has noticed about being a minority business owner, what she learned about the business community when writing the book, and the challenge of running a business in a volatile economy.
Segment 3: Aneta Pietraszek, Director of Development, Ladder Up, talks to John about their free tax preparation service for low-Income Chicago metro residents. The organization’s annual Tax-a-Thon will take place on Saturday, February 4 from 9:00 am to 12:00 pm at Olive-Harvey College, 10001 S. Woodlawn Ave., Chicago. The event brings dozens of tax expert volunteers to provide free, high-quality tax filing services to individuals earning up to $32,000 a year and families earning up to $60,000 a year.
https://serve.castfire.com/audio/4086207/4086207_2023-02-01-220307.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Chicago Ford plant is the focus of federal auto safety regulators. The National Highway Traffic Safety Administration is investigating the Ford Explorer, which is built at the Torrence Avenue assembly plant. The probe will look into reports that the vehicle’s windshield trim panel detaches while driving at highway speeds. There have been 164 complaints involving 2011-2019 model year Explorers. Several of the reports involve drivers following the Ford vehicles who’ve been startled by the detaching trim and have lost control. No injuries, accidents or deaths have been reported.
Also, there’s a new publisher and CEO at The Chicago Reader. Listen for more below:
https://serve.castfire.com/audio/4086175/4086175_2023-02-01-212315.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based McDonald’s is making plans to grow this year. The company expects to open 1,900 new restaurants in 2023. About 400 of those will be in the U.S., Australia and several European countries, including Germany, Italy, Spain, and France. The company teased the growth plans as it reported fourth quarter earnings. It predicts 4% unit growth this year from the new restaurants. McDonald’s hasn’t increased its domestic store count since 2014. That earnings report shows global sales rose 12.6% in the final months of 2022, surpassing a forecast of 8% growth.
Also, more job cuts are coming at Chicago-based Groupon. Listen for more below:
https://serve.castfire.com/audio/4085734/4085734_2023-01-31-214034.64kmono.mp3
Segment 1: Adam Taggart, CEO & Founder of Wealthion, joins John to talk about markets being in rally mode, what the Fed is likely do with interest rates, and what that will mean for the economy moving forward.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John why corporate and business leaders are suddenly starting to take a harder look at what work records and documents they can safely be taking home with them.
Segment 3: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about why some automakers are making the decision not to put AM radio in new cars.
Segment 4: Margaret Hall, CEO and Co-Founder, GreenLight Fund Chicago, joins John to talk about how they are going to commit $6 million in Chicago over the next five years to solve local issues in areas such as food security, literacy and poverty.
https://serve.castfire.com/audio/4085706/4085706_2023-01-31-205206.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how ChatGPT is showing up in the real estate market, The Federal Reserve denying Custodia’s request to become Federally-insured, why the Fed is likely to raise interest rates again, single women owning more homes than single men, and the debate over when to take Social Security.
Segment 2: Jim Dallke, National Editor, American Inno, tells John about a Chicago startup raising funding to help those fighting long COVID, Bank of America investing in a new Chicago VC fund that backs Black and Latino founders, and a $6M fund backed by the Obama foundation and other big names wanting to help solve some of Chicago’s biggest problems.
Segment 3: Andres Lares, Managing Partner at Shapiro Negotiations Institute and co-author of “Persuade: The 4-Step Process to Influence People and Decisions,” tells John what you need to know if you plan on asking for a raise this year.
https://serve.castfire.com/audio/4085259/4085259_2023-01-30-204059.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Edward Wehmer is stepping down as chief executive at Wintrust Financial. The change in leadership will happen at the end of April. He’ll continue as director and serve as executive chairman through the middle of 2024. He’ll then transition to founder and senior advisor. Wintrust says Timothy Crane will begin as the bank’s new CEO in May. He’s been serving as president. In a statement, Wehmer says the last 31 years exceeded his wildest expectations when he and colleagues opened the first Wintrust bank in 1991. He says he’s grateful for the opportunity “to have created something special at Wintrust, a true community bank which has flourished.”
Also, Chicago Sun-Times CEO Nykia Wright has left the company after five years with the news organization.
https://serve.castfire.com/audio/4085258/4085258_2023-01-30-200258.64kmono.mp3
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about a winning week on Wall Street, the markets showing four weeks of positive growth, if he’s encouraged by the inflation trend going down, the economy showing growth, and why he expects continued market volatility ahead.
Segment 2: Jacob Channel, Senior Economist, Lending Tree, talks to John about a new Lending Tree study that shows how much money you will need to retire comfortably.
Segment 3: Mike Marr, Owner / Brewmaster, Buffalo Creek Brewing, tells John about the return of Alpine Fest, an incredible winter beer festival in historic downtown Long Grove.
https://serve.castfire.com/audio/4084642/4084642_2023-01-27-200442.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Uber Freight is cutting 3% of its staff. That’s about 150 people, according to Crain’s. Most of the cuts will come in the company’s digital-brokerage department. Uber Freight is the trucking division of the ride-share and food delivery company. It employs about 1,000 people in Chicago. Uber Freight is the latest tech company to announce layoffs.
Also, The medical school at the University of Chicago is the latest university to withdraw from the U.S. News & World Report rankings of medical schools. Listen for more below:
https://serve.castfire.com/audio/4084552/4084552_2023-01-27-181852.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Megabus is returning to Chicago. The company is teaming with Miller Transportation to launch and expand its services. The partnership will increase service options in 56 cities and connect Chicago to 23 cities. The partnership will also enhance service in Louisville, Detroit, Memphis and Nashville. Megabus suspended service in Chicago in 2020 when demand dropped because of the COVID pandemic. The company had already been cutting back service starting in 2016.
Also, owners have revealed the replacement for Chicago’s Tavern on Rush. Listen below for more:
https://serve.castfire.com/audio/4084200/4084200_2023-01-26-215200.64kmono.mp3
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, joins John to break down the latest GDP data, what he things of the showdown in congress over the debt ceiling, and how important are interest rates to the economy in 2023.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including the US wanting to break up some of Google’s dominance of online advertising, Facebook and Instagram lifting Donald Trump’s suspension
Segment 3: Ben Harvey, organizer with ‘Chicago, Bike Grid Now!” and the creator of the RideReel app, tells John about his mission to make Chicago a more bike-friendly city. Ben talks about why Chicago needs to build safe infrastructure that makes walking, riding a bike, using a wheelchair etc. safer for all Chicagoans.
Segment 4: Anne LoCascio, President of the Elgin History Museum Board, joins John to talk about all the great things you can see and learn at the museum including exhibits about Elgin Road Races and Elgin Watches.
https://serve.castfire.com/audio/4084187/4084187_2023-01-26-211227.128.mp3
Segment 1: : Nationally syndicated financial columnist and author Terry Savage joins John to talk about the debt ceiling and the likelihood that the government defaults on their bills. Also joining John and Terry is money manager Dr. Bob Froehlich, who talks about why he’s still bullish on the stock market this year. Dr. Bob sees the Dow hitting at least 39,000 by the end of 2023. Dr. Bob also talks about where he sees inflation going and tells us why he doesn’t believe we will see a recession. Dr. Bob also provides some great insight on the future of AI.
https://serve.castfire.com/audio/4083813/4083813_2023-01-25-222213.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
One of the largest Chicago area realtors is closing five offices. Coldwell Banker Realty ranks third among the big local brokerage firms. Crain’s reports offices are closing in Wheaton, Barrington, Elmhurst, Downers Grove, and Chicago’s West Loop. The closings amount to a nearly 12% cut for Coldwell. Prior to the round of closings, the company had 41 offices in the Chicago area, Wisconsin, Michigan and Indiana. Coldwell Banker Realty is separate from Coldwell Banker Real Estate Group. The latter has been expanding offices.
Also, A new survey by the Federal Reserve Bank of Chicago shows business activity in the Midwest remains below normal levels but has improved slightly. Listen for more below:
https://serve.castfire.com/audio/4083757/4083757_2023-01-25-205857.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what the city and business community needs from our next mayor.
Segment 2: Rob Fojtik, Vice President of Neighborhood Strategy, Choose Chicago, talks to John about a new grant that aims to expand tourism to the wealth of great neighborhoods in Chicago.
Segment 3: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about stock market movement today, what we might expect from the Fed regarding interest rates, if he sees market volatility continuing, and why expects a short and shallow recession.
Segment 4: Nicolette Peters, Public Investment Strategist, World Business Chicago, tells John about the Chicago Food Stop, which offers businesses a chance to gain exposure by bringing pop-up shops to 875 N. Michigan Ave.
https://serve.castfire.com/audio/4083308/4083308_2023-01-24-205508.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Chicago-area’s industrial vacancy rate is at a record low, hitting 4.5% at the end of 2022. According to data from Colliers International, reported by Crain’s, that’s more than 1% lower than 2021. The report says developers broke ground on an unprecedented amount of warehouse space last year, with construction starting on 88 local buildings. The hot streak has seen those developers tearing down office campuses to build warehouse space. While demand has slipped, it’s still expected to be enough to fill all that available space.
Also, Chicago’s Northern Trust is cutting jobs. Listen for more below:
https://serve.castfire.com/audio/4083281/4083281_2023-01-24-192621.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about ETF’s turning 30, the likelihood we see a recession in 2023, and a new Lending Tree survey shows that Inflation got in the way of people achieving their financial goals in 2022.
Segment 2: Jim Dallke, National Editor, American Inno, tells John about a national story he wrote on repeat founders, taking a look at what some successful entrepreneurs are doing now. Jim also talks about a new startup that was started by a Northwestern grad who created a browser extension that automatically directs your google search to a resale site, and why some Chicago leaders remain bullish on the city’s tech scene.
Segment 3: Jennifer Prell, President, Elderwerks, talks to John about what Elderwerks does, and their Stepping Out to Fitness program, which encourages older adults to get off the couch and make exercise a part of their daily lives.
https://serve.castfire.com/audio/4082866/4082866_2023-01-23-201706.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Abbott Laboratories confirms it’s under investigation by the U.S. Department of Justice over issues with its baby formula. News of the probe comes a year after the suburban-based company shut down a Michigan formula plant after babies got sick. The Wall Street Journal reported the investigation will focus on the company’s plant in Sturgis, Michigan. The shutdown of that plant also led to a nationwide baby formula shortage.
Also, a startup company that’s developing new technology for sorting and storing chemicals is moving to a new and larger warehouse space in Chicago’s Humboldt Park. Listen for more below:
https://serve.castfire.com/audio/4082779/4082779_2023-01-23-173419.64kmono.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about what is causing the high price of eggs, how quickly inflation will fall, and how the Fed will likely tackle inflation.
Segment 2: Robert Sevim, Vice Chairman, Savills, gives John the outlook for the Chicago commercial real estate market for 2023.
Segment 3: Steven Marks, Founder and CEO, Guzman y Gomez, talks to John about the opening of their newest authentic Mexican restaurant in Schaumburg and their plans to expand in the Chicago area after being founded in Australia back in 2016.
https://serve.castfire.com/audio/4082239/4082239_2023-01-20-202539.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago saw a record amount of venture capital investment in 2022. Crain’s reports startup funding topped $10 billion for the first time. And it happened as investment dropped nationally during the past year. A single deal contributed to half of Chicago’s record funding — $5.2 billion invested by Walgreens in health care provider VillageMD. According to PitchBook’s Venture Monitor, the $10 billion is sharply higher than Chicago’s $6.6 billion in VC investment in 2021. Nationally, venture investment fell 31% last year compared to 2021 and while deals in Chicago also dropped, investment here hasn’t declined as much.
Rush University System for Health has announced plans for a new outpatient cancer center in Lisle. Listen for more below:
https://serve.castfire.com/audio/4082164/4082164_2023-01-20-185604.64kmono.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to tell us why we should be concerned about the debt ceiling, what to make of recent data including retail sales, manufacturing, and jobless claims, and if we are going to see a recession in 2023.
Segment 2: Ally Marotti, Reporter, Consumer products, food, restaurants, retail, media and advertising, Crain’s, tells John about some of her recent stories including Jewel-Osco parent Albertsons paying shareholders $4B, and Walgreens hinting it might have gone too far fighting theft.
Segment 3: Rebecca Ryan, Economist and Futurist, tells John about what’s likely ahead in 2023 and 2024 and how you can create the future you want. Join Rebecca for an event on January 25th, where you can learn some tools to help create that future.
Segment 4: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, tells John how the mid-term shakeup in legislatures and governors in the Midwest, are affecting jockeying by the states to promote economic development.
https://serve.castfire.com/audio/4081817/4081817_2023-01-19-203517.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The Chicago City Council has approved a new $5 million fund to help small businesses redevelop vacant storefronts on LaSalle Street. It’s part of Mayor Lightfoot’s plan to transform the LaSalle Street corridor from commercial to mixed-use with more residential units. Businesses can apply for $250,000 in grant money that can be used to rehab or retrofit storefronts on the first floor of buildings in the corridor. Developers have already proposed more than a billion dollars in projects as part of the larger LaSalle Street redevelopment.
Also, an Amazon distribution center on Chicago’s West Side likely won’t open until late this year even though the building is finished and ready to open now. Listen below for more:
https://serve.castfire.com/audio/4081779/4081779_2023-01-19-195219.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the latest news regarding student loan debt forgiveness. And as always, Terry answers all of your financial questions.
Segment 2: Z.J. Tong, founder, Chicago Chinese Cultural Institute, tells John about the celebration of Chinese New Year and the 17th Annual Chinese New Year Dumpling Making Dinner! You can find more information about attending here.
https://serve.castfire.com/audio/4081413/4081413_2023-01-18-225013.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A new ranking is out, and 14 Illinois hospitals have made the cut of best in the country. The list was compiled by Healthgrades, a consumer marketplace for finding doctors and health care. Crain’s reports Ascension Alexian Brothers and Carle Foundation in Urbana are among the nation’s top 1%. Advocate Lutheran General in Park Ridge is ranked among the top 2%. Northwestern Memorial and University of Chicago Medical Center joined the list this year and rank among the top 250 hospitals. That list also includes Evanston Hospital, Northwestern Medicine Lake Forest and Advocate Christ Medical Center in Oak lawn. The rankings are based on several factors, including performance and outcomes data.
Also, car dealers in Illinois have filed an appeal challenging a court ruling allowing electric vehicle manufacturers Rivian and Lucid Group to sell EVs direct to consumers. Listen below for more:
https://serve.castfire.com/audio/4081288/4081288_2023-01-18-174128.64kmono.mp3
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the market reacting to the latest earnings reports, consumer confidence remaining pretty strong, if we are going to see a recession, where the Fed might move with their next announcement, and why there are some good values for the investor.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John what companies and employees should know about non-compete clauses as the federal government is proposing a new rule to make such clauses illegal.
Segment 3: Jim Dallke, National Editor, American Inno, talks to John about the latest in startup innovation including the founders of SongFinch want to invest in other local founders, a startup creating a high-tech business card to help you network smarter, and a local biotech company making a big hire when naming Mike Gamson as its CEO.
Segment 4: Praful Mittal, CEO of WIN Home Inspection, talks about what their business does, who uses their services, and why it’s important for homeowners to get a yearly home inspection.
https://serve.castfire.com/audio/4080936/4080936_2023-01-17-201236.128.mp3
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about why he thinks we may see a ‘slowcession’ on the horizon, how a ‘slowcession’ could provide a good opportunity to invest in the market, if Twitter is hurting Tesla’s stock price, how inflation is easing while employment remains strong, and what he would advise someone who has $100,000 invest.
Segment 2: Allison Sparks, Head of Marketing, Shameless Pets, joins John to talk about the Chicago-based business that uses unwanted human food and upcycles it into dog and cat treats.
Segment 3: CD Young, Owner/CEO, Spirit Elephant Restaurant, tells John about her incredible vegan restaurant in Winnetka, their two fast-casual vegan restaurants in Evanston and Lincoln Park, the popularity of ‘Veganuary,’ and why it’s a good time to be vegan.
https://serve.castfire.com/audio/4079959/4079959_2023-01-13-215659.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
One of the top executives at Chicago’s Ariel Investments says the U.S. will avoid a recession this year. Chairman and co-CEO John Rogers correctly forecast increasing inflation last year and also predicted Bitcoin was a bubble that would burst. According to Bloomberg, Rogers made the comments to business leaders at the Executives Club of Chicago annual outlook event. He says there’ll be no recession and the Dow will rally 10% this year. He says cyclical stocks will do well and he cautions against Chinese markets because of a real estate bubble there.
Also, Venture capital funding in Chicago decelerated in 2022 and the trend could continue into this year, according to a Pitchbook. Listen below for more:
https://serve.castfire.com/audio/4079873/4079873_2023-01-13-180713.64kmono.mp3
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the consumer price data that shows inflation may be retreating, how the market is reacting to the data, and why he’s excited about the future of the market.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, tells John about HBO Max hiking prices, what happened with the FAA outage, Twitter reportedly discussing auctioning off usernames, and Microsoft researchers revealing new text-to-speech AI model called VALL-E that can closely simulate a person’s voice with just a three-second audio sample.
Segment 3: Juliana Kaplan, Labor / Inequality reporter, Business Insider, tells John why the next recession might hit the wealthy more.
Segment 4: Keith Ogulnick, Show Manager, Discover Boating Chicago Boat Show, talks to John about the return of the beloved Chicago Boat Show after a two year hiatus!
https://serve.castfire.com/audio/4079431/4079431_2023-01-12-190331.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The outlook for 2023 is positive among Chicago’s small business leaders, including company presidents, vice presidents, directors and other executives. A group of 190 of them from companies with 500 or fewer employees were surveyed by Crain’s. Half of them expect revenues to go up this year and nearly a third plan to increase their workforce in 2023.
Also, the chief lender has taken control of the Board of Trade Building in Chicago. Listen below for more:
https://serve.castfire.com/audio/4079409/4079409_2023-01-12-180809.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to continue the earlier discussion about student loan debt relief. Terry also offers some tips on how to cut into your credit card debt. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4079106/4079106_2023-01-11-220306.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Molson Coors has introduced a new canned, non-alcoholic cocktail called Roxie. The drink is inspired by the craft cocktail craze and it’ll be marketed to 21-to-34-year-olds looking for non-alcoholic options. Roxie has 90 calories per 12-ounce serving. It comes in three flavors, including mango, pineapple and passion fruit. Roxie will be sold direct to consumer through the Molson Coors website. It’s not available in stores or bars.
Also, after 42 years of Pepsi products, the Cubs are bringing Coke back to the friendly confines. Listen for more below:
https://serve.castfire.com/audio/4079073/4079073_2023-01-11-213913.64kmono.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to tell us some career resolutions you could make in 2023.
Segment 2: Ted Rossman, Bankrate.com Senior industry analyst, joins John to talk about a new Bankrate survey that shows that more Americans are carrying credit card debt. What can you do to avoid common credit card pitfalls?
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about 2023 starting out red hot at the high end of the housing market, a lawsuit that says the city is ignoring housing rules for people with disabilities, and an architectural treasure being available to rent.
https://serve.castfire.com/audio/4078619/4078619_2023-01-10-203519.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Oak Street Health is reportedly a target of acquisition by CVS Health. Oak Street runs primary care centers for Medicare recipients. Bloomberg reports the possible deal values Oak Street at more than $10 billion. Talks between the companies are ongoing and there’s a possibility they could end without a deal. Oak Street has 169 centers across the country that provide care for nearly 160,000 patients. CVS, like Deerfield-based Walgreens have both been expanding from drug store operators to health care providers.
Also, Chicago’s hometown airline has moved up in the rankings of on-time performance. Listen for more below:
https://serve.castfire.com/audio/4078568/4078568_2023-01-10-191508.64kmono.mp3
Segment 1: Jim Dallke, National Editor, American Inno, talks to John about the latest in startup innovation including the University of Chicago spending $20M to help find the next high-tech startup tackling challenging problems from climate change to cybersecurity, a small mental health app in Chicago getting a big boost by being named a Best App by Google, and the percentage of female founders getting startup funding in Chicago being on the rise.
Segment 2: Scott Bauer, CEO of Prosper Trading Academy, tells John about the market moves today, why he’s cautious about this upcoming earnings season, the potential standoff in Congress on fiscal issues and why he believes there are some really great opportunities in this market.
https://serve.castfire.com/audio/4078198/4078198_2023-01-09-202238.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Farmers have signed a memorandum of understanding with Moline-based Deere & Company that will allow them to repair their own equipment. The American Farm Bureau Federation says the deal resolves a long-running dispute between the company and a key group of its customers. Among other things, it’ll give farmers access to diagnostic and repair codes, manuals and product guides. The deal also allows farmers to buy tools directly from Deere.
Also, Chicago-based Protein Bar & Kitchen is preparing to expand outside of the city with a new location set for O’Hare Airport. Listen for more below:
https://serve.castfire.com/audio/4078190/4078190_2023-01-09-204730.64kmono.mp3
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins Jon Hansen to talk about today’s good labor report, the market rally after the positive data, the problems with Tesla, what we might hear from Fed Chairman Powell in February, and what he suggests for investors for 2023.
Segment 2: Joe Chura, President and Founder, Go Brewing, talks to Jon about why he decided to open a brewery dedicated solely to low and no-alcohol beers, what events they have going on for Dry January, and their Go Brewing Dry January Challenge.
Segment 3: Carl Prouty, Abt Electronics, tells us about all the great products being introduced at the Consumer Electronics Show in Las Vegas.
https://serve.castfire.com/audio/4077572/4077572_2023-01-06-205312.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Baxter International will restructure the company with a spin-off of one of its divisions and the resignation of a top executive. The Deerfield-based medical products company is spinning off its kidney care business into a separate publicly trading company. That move is expected to happen in the next year to 18 months.
Also, a CNBC analysis says an income of $52,000 to $156,000 would put you in Chicago’s middle class. Listen for more below:
https://serve.castfire.com/audio/4077500/4077500_2023-01-06-185400.64kmono.mp3
Segment 1: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with guest host Wendy Snyder about what we can expect from interest rates in 2023.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, gives Wendy a peek into some hot items at the Consumer Electronics Show.
Segment 3: Phillip Shaw, Certified Financial Planner, Goldstone Financial Group, tells Wendy about some new money rules everyone should be aware of in 2023.
Segment 4: Nic Trapani, Owner, Door County Candle Company, talks to Wendy about their mission to help Ukraine with their Ukraine Candle initiative.
https://serve.castfire.com/audio/4077150/4077150_2023-01-05-215250.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The University of Chicago will commit millions of dollars to fund startups focused on data science, artificial intelligence, clean technology and life sciences. Crain’s reports the university is committing more than $20 million to launch three new accelerators. The report says University of Chicago will also launch dozens of startups on its own, which will include members of its own faculty, students and outside founders.
Also, a new 41-story office tower is planned for Chicago’s Fulton Market District. Listen for more below:
https://serve.castfire.com/audio/4077149/4077149_2023-01-05-212049.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to give you some 2023 money tips! And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/4076711/4076711_2023-01-04-220511.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
United Van Lines says the number of people moving out of Illinois pushed the state to second among most moved-from states in 2022. New Jersey was first. The rating is based on the inbound and outbound moves with the company. Illinois had an outbound rate of nearly 64% and an inbound rate of about 36% Springfield had the highest outbound rate at 73%. Chicago’s rate was 67%. According to the U.S. Census, Illinois population dropped 1.8% since 2020.
Also, regional leaders in the Chicago area are announcing a new partnership aimed at increasing economic development. Listen for more below:
https://serve.castfire.com/audio/4076652/4076652_2023-01-04-192852.64kmono.mp3Report: Illinois is the #2 state people moved away from in 2022
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The parent company of ComEd, Exelon, will keep its corporate headquarters in Chicago. Crain’s reports the company’s new CEO, Calvin Butler, has made the pledge as he prepares to take the reins. There’d been some question about the HQ location because Butler has been based in Baltimore.
Also, three months after a call for proposals from Chicago City Hall, developers have pitched nearly $1.2 billion worth of residential conversions for LaSalle Street. Listen for more below:
https://serve.castfire.com/audio/4076268/4076268_2023-01-03-215008.64kmono.mp3
Segment 1: Jane Oates, President, WorkingNation, talks to John about the issues that will most impact the American worker in 2023 and what to do about them.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John why a new trend to watch out for in 2023 is the “New Collar” worker.
Segment 3: Jim Dallke, National Editor, American Inno, talks to John about the latest in startup innovation including the annual Fire Awards, which highlight 50 companies that had a big year in Chicago’s startup scene.
Segment 4: Morten Sørensen, Founder, ISH, tells John about their new line of non-alcoholic sparkling wines, spirits and canned cocktails that are now available in Chicago.
https://serve.castfire.com/audio/4076239/4076239_2023-01-03-201639.128.mp3
Don Kleppin has the business news of the day with the Wintrust Business Minute.
The state is urging minimum wage workers are told to keep an eye on their January paychecks to make sure their employers comply with the new $13 minimum wage in 2023. The pay increase was part of the 2019 legislation that eventually moves the minimum wage to $15-and-hour by 2025.
Also, Christmas Eve and Christmas Day Nielsen ratings showed Chicago-based cable news network NewsNation — owned by WGN parent company Nexstar — beat Fox News and MSNBC in key evening ratings on Saturday and Sunday.
https://serve.castfire.com/audio/4068487/4068487_2022-12-30-202727.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to give us a recap on financial matters, to share her New Year’s resolutions for home buyers, sellers, and personal finance. Ilyce also gave a recap of the year in money with the crypto meltdown, stock market meltdown mortgage market meltdown etc.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about Chicago’s top angel investors, and why the city needs more people to write early checks to the city’s emerging startups. Jim also shares information on a Chicago sports betting app that made another acquisition.
https://serve.castfire.com/audio/4067358/4067358_2022-12-30-190058.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen, in for John Williams, to share the three important things you could do to get you off to a good start for the New Year. Throughout the course of the conversation, Terry also takes caller questions.
https://serve.castfire.com/audio/4066474/4066474_2022-12-28-212314.64kmono.mp3More with Terry Savage
Ryan Burrow has the business news of the day with the Wintrust Business Minute.
As Southwest Airlines works to sort out thousands of flight cancellations, The Chicago Department of Aviation says it’s dispatching additional personnel from O’Hare to Midway to provide additional service support.
Also, the Illinois minimum wage is set to increase another dollar to 13-dollars an hour January first.
https://serve.castfire.com/audio/4066408/4066408_2022-12-28-190608.64kmono.mp3
Segment 1: Gregg Lunceford, Managing Director in Mesirow Wealth Management, talks about the uncertainty of markets as the year closes but Gregg reminds us better times are ahead.
Segment 2: David Milanec, Founder of Katz Milanec, shares tax tips to help set your kids for long term tax savings.
Segment 3: Rae Kaplan, Attorney at Kaplan Law, talks about 529 accounts and who can set them up and why it is a good idea to do that. Later on, Rae answers listener questions!
https://serve.castfire.com/audio/4066078/4066078_2022-12-27-202618.64kmono.mp3
Segment 1: Ryan Linenger, Financial Planner and Partner at Plante Moran, tells Steve Dale, in for John Williams, about the fluctuations in the stock market and what the future may hold for investors in stocks and bonds.
Segment 2: Steve runs through the top business stories to come out of 2022
Segment 3: Peter Greenberg, Host of Eye on Travel and CBS News Travel Editor, joins Steve to analyze the the fallout of hundreds of flights being cancelled and the effect on the airline travel industry
https://serve.castfire.com/audio/4065454/4065454_2022-12-23-195954.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
More than 90% of Tyson Foods workers in Chicago have declined to follow the company when it moves to Arkansas. The company announced in October that it was consolidating operations and moving 500 corporate jobs out of Chicago. It offered to relocate the workers, but The Wall Street Journal says most said no.
Also, Homeowners insurance policyholders at Allstate will see big increases in the new year. Crain’s reports the price hike could be as high as 23% on average.
https://serve.castfire.com/audio/4065392/4065392_2022-12-23-172732.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
More people returned to their offices in Chicago after Thanksgiving. Kastle Systems, which analyzes building security swipes, says office attendance reached 48.5% on Dec. 14. That’s now higher than the national average.
Also, Chicago Trading Company is expanding its workspace.
https://serve.castfire.com/audio/4065347/4065347_2022-12-23-153847.64kmono.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins Jon to talk about why the market is taking a dip after a couple of positive day, what is driving the volatility, what he’s telling clients about their portfolios, and if he believes we might see a recession in 2023.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with Jon about a variety of tech stories including Elon Musk saying he’ll resign as CEO of Twitter, YouTube going to be the home of the NFL package Sunday Ticket next season, and FTX co-founder Sam Bankman-Fried being extradited to the U.S.
Segment 3: Rachael Mason, Director of Education, IO Theater, talks to Jon about IO reopening their training classes in January, and how improv training can help you in everyday life.
Segment 4: Tim Gillengerten, owner, Transit Tees, joins Jon to talk about running a small business during this holiday season, some of the things you can buy at Transit Tees, the new items they have for sale this year, and to tell us some last-minute gift ideas that you can find in their shops in Wicker Park and Andersonville.
https://serve.castfire.com/audio/4065105/4065105_2022-12-22-201305.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about consumer confidence being up dramatically, today’s market rally, and how you can prevent yourself from becoming buried in debt. And as always, Terry answers all of your financial questions.
Segment 2: Karen Spears, artist, former Daniel Murphy Scholarship Fund Scholar, tells John who the Daniel Murphy Scholarship Fund serves, how Daniel Murphy has supported her personal and professional development, the work she’s doing with her current business Kareracter, and about her mural on the Wintrust mural building.
https://serve.castfire.com/audio/4064737/4064737_2022-12-21-220537.128.mp3More with Terry Savage
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about why Mayor Lightfoot needs to concentrate on violence and education to bring businesses back to the city of Chicago.
Segment 2: Brian Battle, Advisor, Performance Trust Asset Management, talks to John about the concern about a recession. Are we heading towards a recession? And if so, how big will it be and how long will it last?
Segment 3: Emma Cosgrove, Senior Reporter, Business Insider, tells John about why returning boxes is becoming way less annoying.
Segment 4: Peter Vega, Deputy Director of Communications and Engagement, Museum of Science and Industry, tells John everything you should know about the 80th anniversary of the beloved exhibit, Christmas Around the World.
https://serve.castfire.com/audio/4064278/4064278_2022-12-20-203918.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Snack maker Mondelez is spitting out several gum brands with a nearly $1.4 billion sale. The company’s Trident, Dentyne, and Chiclets brands are being sold to a European company along with a manufacturing facility in Rockford. Perfetti Van Melle Group has the Mentos brand.
Also, Northwestern Medicine has plans to expand its Lake Forest Hospital. Crain’s reports the $389 million project will add 96 inpatient beds for medical, surgical and intensive care.
https://serve.castfire.com/audio/4064203/4064203_2022-12-20-184203.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, and Tom Fortino, Founder and Principal, Alpha Wealth Group, join Jon to talk about how the markets have been reacting since last week’s Fed announcement about interest rates, and the importance of having a financial plan and sticking to that plan.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells Jon about the latest in startup innovation including a new crypto startup moving to Chicago from Columbus, why clean energy tech is proving to be more resilient than other sectors, and the status of startup unicorns in Chicago and across the U.S.
Segment 3: Meghan Caf-Zane, founder of the Buy Nothing Naperville – Central Facebook group, tells Jon about starting this group in Naperville, what connections are typically made in the group, how the group works, and why it is a great resource as we get close to Christmas. There are more than one hundred Buy Nothing Facebook groups throughout the state of Illinois. To find the one closest to you, you can visit BuyNothingProject.org.
https://serve.castfire.com/audio/4063826/4063826_2022-12-19-200126.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Goose Island Beer is moving its brewpub from Clybourn Avenue to the new Salt Shed entertainment venue at the site of the former Morton Salt complex on Elston Avenue. Crain’s says the new Goose Island space will open by the end of next year.
Also, Chicago candy giant Mars will use its charity arm to provide funding of dental care for underserved children in Asia.
https://serve.castfire.com/audio/4063268/4063268_2022-12-16-230708.64kmono.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about if the Fed raising interest rates again is the right decision for our economy, when he expects the stock market to hit the bottom, and how education or training continue to be the ticket to higher wages.
Segment 2: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about why he believes that politicians in flyover country need to band together to promote the region as a whole.
Segment 3: Lynn Osmond, President & CEO, Choose Chicago, tells John about First Bites Bash, the kickoff event for the return of Chicago Restaurant Week 2023!
https://serve.castfire.com/audio/4063203/4063203_2022-12-16-200203.128.mp3
Segment 1: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with John about the winners and losers after the Fed announced they were raising interest rates again.
Segment 2: Lisa Eadicicco, Senior Editor, CNET, joins John to talk about a variety of tech stories including Meta announcing new features for Instagram users, the chaos going on at Twitter, Amazon looking into getting rid of barcodes, and Flipboard adopting some Twitter-like features.
Segment 3: Matt Schultz, LendingTree chief credit analyst, talks with John about a new survey that shows 57% of Quiet Quitters say their work-life balance has improved.
Segment 4: Yahya and Nataki Muhammad, owners, Shawn Michelle’s Homemade Ice Cream, tell John about their hugely successful shop in Bronzeville! And don’t forget to try the vanilla!
https://serve.castfire.com/audio/4062771/4062771_2022-12-15-205511.128.mp3More Your Hometown
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The latest earnings report shows the depths of the financial turmoil at the grilling company Weber. The Palatine-based company lost $330 million for the fiscal year that ended Sept. 30. The company’s net sales were down 20% year over year.
Also, Chicago-based McDonald’s says it has a deal to purchase solar energy that will power all of the warehouses and distribution centers that it uses for supply and logistics for its U.S. restaurants.
https://serve.castfire.com/audio/4062718/4062718_2022-12-15-185618.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the Fed announcing they are raising interest rates again and what it means for the economy moving forward. And, as always, Terry answers all of your financial questions. Come for the valuable information and stay for the story about the hidden $1000 bills!
https://serve.castfire.com/audio/4062182/4062182_2022-12-14-230822.128.mp3More with Terry Savage
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago cloud-software company Nerdio has raised $117 million in new funding and the company plans to add staff next year. Nerdio specializes in software that manages virtual desktops using Microsoft’s Azure platform. Crain’s reports the funding round was led by a Washington, DC venture capital fund that’s previously backed Jellyvision and Built In.
Also, credit card and personal loan delinquencies are expected to rise next year, according to Chicago-based credit reporting firm TransUnion.
https://serve.castfire.com/audio/4061596/4061596_2022-12-14-222736.64kmono.mp3
Segment 1: Hilary Fordwich, Global business consultant and founder, Strelmark, joins John to break down today’s CPI report that showed inflation, while still high, may be easing.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about how the impact of inflation and holiday spending is causing a spike in gig workers and the problems that may arise when hiring green workers.
Segment 3: Ted Rossman, Bankrate.com Senior industry analyst, joins John to discuss a new Bankrate survey that shows that a majority of Americans are likely to tip higher than normal this holiday season.
Segment 4: Felicia Bolton, Director of Communications and Public Relations, Navy Pier, tells John everything you need to know about this year’s Light Up The Lake attraction at Navy Pier!
https://serve.castfire.com/audio/4060217/4060217_2022-12-13-203217.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
A top executive at Stellantis says its Belvidere Assembly Plant, which will be idled early next year, could still have a future. COO Mark Stewart says the company is continuing to look at what can be done to repurpose the facility. Production will end at the plant next February with layoffs of hourly and salaried workers.
Also, Chicago-based United Airlines will buy 100 Boeing 787 Dreamliners, with options to purchase 100 more.
https://serve.castfire.com/audio/4060107/4060107_2022-12-13-175907.64kmono.mp3
Dave Schwan has the business news of the day with the Wintrust Business Minute.
Gas prices continue downward. GasBuddy’s weekly survey shows average prices in Chicago fell 16-point-seven cents in the last week, averaging three-fifty-eight a gallon.
Also, Weber Grills, headquartered in Palatine, is being taken private in a deal valued at about $3.7 billion.
https://serve.castfire.com/audio/4059781/4059781_2022-12-12-222821.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Cardiosense, a Chicago startup that’s developing a wearable sensor to detect heart disease, has announced a $15 million fundraising round. The cash will help the company make its submission seeking regulatory approval for its CardioTag device. The small, multi-sensor device is worn on the chest to detect and manage heart disease.
Also, a technology startup focusing on agriculture has raised more than $46 million dollars to help build farm robots. And the company has landed an investment from former McDonald’s CEO Don Thompson.
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Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new CNBC survey that shows what annual income people would need to feel rich, Mortgage interest rates continuing to drop, and why rising interest rates mean you can withdraw more from your 401k and retirement savings without going broke.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including a Chicago startup that wants to help musicians get paid via Bitcoin, a Chicago startup raising $15M for its heart monitoring device, and a tech recruiting startup raising $40M amid a changing job market for startups.
Segment 3: Gretchen Kirchmer, Director of Events at Lincoln Park Zoo, joins John to tell us everything we should know if we plan to visit Zoo Lights this holiday season.
https://serve.castfire.com/audio/4059743/4059743_2022-12-12-214343.128.mp3
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about why he’s not expecting the year to end on a high note, what the Fed is doing to combat inflation and if it’s working, why it’s a good time to be buying bonds, and the reason he thinks it’s still time to be defensive when it comes to the stock market.
Segment 2: Olga Camargo, Financial Expert, Founder & CEO for SHENIX, talks to John about their mission to economically empower Latinas and Latina led households.
Segment 3: Shana Raven, Assistant Director of Marketing, Marquee Development, tells John about all the wonderful holiday activities to do this year at the bigger and better Winterland at Gallagher Way.
https://serve.castfire.com/audio/4058878/4058878_2022-12-09-204918.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The maker of Nutella, Kinder and Ferrero Rocher is buying Wells Enterprises, the company that produces Blue Bunny ice cream. The question now? How soon will we see Nutella ice cream? Ferrero Group has more than 3,400 employees in Illinois.
Also, the CEO of Allstate says rate increases will likely continue.
https://serve.castfire.com/audio/4058434/4058434_2022-12-08-232934.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The CEO of United Airlines doesn’t see a recession coming, at least for the airline industry. John Kirby says the word ‘recession’ is not in his vocabulary because the Chicago-based airline has been setting records and doing well financially. Pressed on the issue, he says the Fed might induce a mild recession in other sectors.
Also, The Federal Trade Commission has asked for more information from Kroger and Albertsons about their $24.6 billion merger deal.
https://serve.castfire.com/audio/4057481/4057481_2022-12-07-184121.64kmono.mp3
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about market movement over the last week, the speculation about what the Fed will do to combat inflation, and why he believes we are already in a rolling recession.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including the internet’s obsession with ChatGPT, how the Addams Family teen reboot ‘Wednesday’ may become Netflix’s biggest show ever, and Dyson’s air-filtering headphones going on sale in January.
Segment 3: James Rodriguez, Senior Real Estate Reporter, Insider, tells John why more foreclosures could fix the U.S. housing market.
Segment 4: Ariana Gibson, Founder, STIGMA, tells John how they use storytelling to get people to be more open about their mental health, who their app was just voted as one of the best apps of 2022 by Google, and how they are able to monetize their service.
https://serve.castfire.com/audio/4058355/4058355_2022-12-08-204455.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the tug of war between economists regarding the likelihood we see a recession in 2023, and the the amount of credit card debt being accrued in the U.S. And as always, Terry answers all of your financial questions.
Segment 2: Katie Caussin, Co-Artistic Director, IO Theater, joins John Williams to talk about the return of a bigger and better IO Theater! For a list of all the shows coming back click here.
Segment 3: Rich Gentile, Founder, Santa for a Day, tells John about their mission to deliver thousands of gifts to underserved children this holiday season. To read the letters and provide a gift you can click here.
https://serve.castfire.com/audio/4057651/4057651_2022-12-07-230151.128.mp3More with Terry Savage
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to continue a discussion that was started last week about what young people need to do to gain employment and set themselves up for a successful career.
Segment 2: Brandon Raymond, director of Real Estate Development for Ryan Companies US, Inc, talks about why Chicago needs more market-rate senior housing.
Segment 3: James Royal, Senior Analyst, Bankrate tells John about a new Bankrate survey that shows nearly 1 in 3 Gen Z workers are not actively saving for retirement, and why it could be a half-million-dollar mistake.
https://serve.castfire.com/audio/4056983/4056983_2022-12-06-204323.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the amount of people continuing to work remotely, the latest on the Sam Bankman-Fried saga, and how 1 in 12 mortgaged homes bought in 2022 are now underwater.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including a Chicago startup bringing its tech to space, helping astronauts on a SpaceX flight with medical training, a Chicago battery startup landing a Department of Defense contract to build a factory in the West Loop, and 1871 launching a program for weed entrepreneurs.
Segment 3: Serge Khalimsky, Senior General Manager, Westfield Old Orchard Mall, tells John why he believes there is a brick and mortar shopping renaissance happening, the amount of people heading out to the mall this holiday season, the mall seeing a more knowledgeable consumer, the news things that are happening at Old Orchard, the newer shops that have opened at the mall, and how the mall provides much more than shopping.
https://serve.castfire.com/audio/4056387/4056387_2022-12-05-212327.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Economist and former Obama advisor Austan Goolsbee has been appointed new president of the Federal Reserve Bank of Chicago. He’ll start in January and will begin voting next year on Fed policy matters, including rate decisions. Goolsbee is currently a professor of economics at the University of Chicago Booth School of Business.
Also, Chicago-based McDonald’s is testing a new small-format location in Texas that includes new technology.
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Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about why we are living in the upside down world today with a great jobs report, but the stock market reacting negatively. Craig anticipates the next CPI report and what the Fed needs to do to continue to flight inflation. Craig also discusses gas prices continuing to come down and where he believes you should be putting your money.
Segment 2: Lisa Shade, Co-Founder and Vice President, Bredwell, joins John to talk about her new business in downtown Barrington that makes custom made food for dogs.
Segment 3: Matt Ferret, Medicare expert and author of “Prepare for Medicare – The Insider’s Guide To Buying Medicare Insurance,” tells John what you need to know as we head towards the deadline for enrolling in Medicare.
https://serve.castfire.com/audio/4055383/4055383_2022-12-02-201923.128.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about consumer spending not slowing down, what the Fled might do to tackle inflation moving forward, how the market has been reacting to Fed Chairman Powell’s remarks yesterday, and what we can expect from tomorrow’s labor report.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including the release of 2022’s Spotify Wrapped, Sam Bankman-Fried, the founder of FTX, saying he lost essentially all of his $16B fortune in his crypto exchange’s spectacular crash, and Elon Musk startup Neuralink hopes to begin human trials in six months.
Segment 3: Mark Steber, Senior Vice President and Chief Tax Information Officer,
Jackson Hewitt, gives John some year-end tax planning tips and shares all of the new things taxpayers need to know about the upcoming tax filing season.
Segment 4: Ismat Mangla, Senior Director of Content, Lending Tree, talks to John about a new Lending Tree study that shows that ‘Work From Home” is not going anywhere.
https://serve.castfire.com/audio/4054772/4054772_2022-12-01-203512.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
State lawmakers appear ready to expand incentives aimed at luring electric vehicle makers to Illinois. The package passed the state Senate Wednesday and moved to the House. Among other things, it’ll extend payroll tax credits for up to 30 years and loosen the definition of an EV worker.
Also, Chicago-based Byline Bank will acquire Inland Bank & Trust of Oak Brook for $165 million. Inland has assets of $1.2 billion. Listen for more below:
https://serve.castfire.com/audio/4054735/4054735_2022-12-01-193235.64kmono.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The cannabis company Verano Holdings has signed a 12-year lease in Chicago’s Old Town neighborhood for its headquarters. Crain’s says the company will occupy 25,000 square feet of space in the office portion of Three Old town Park at 224 W. Hill between Wells and Orleans.
Crain’s also reports Howard Brown Health is considering layoffs as it deals with a drop in pharmacy revenue and federal COVID-19 relief funding. Listen for more below:
https://serve.castfire.com/audio/4054283/4054283_2022-12-01-014023.64kmono.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about everybody still watching the Fed and how the market is reacting to Chairman Powell’s remarks this afternoon. Terry also talks about the strength of the economy, if we’ll see a recession in 2023, and as always, Terry answers all of your financial questions. Join Terry in person on Saturday, Dec. 3rd – 8:30 am for the AARP Maximizing Your Money Summit at UIC Student Center. Free but registration required:register hereor call877-926-8300.
Segment 2: Lisa Simonian, Vice President of Marketing at The MART, joins John to talk about the return of the great One of Kind Show coming back to full strength! The event starts this Thursday, 12/1 and goes through Sunday, 12/4.
https://serve.castfire.com/audio/4054180/4054180_2022-11-30-224720.128.mp3More with Terry Savage
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about 2023 hiring trends and how many business leaders say they will hire next year.
Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about what you can do when you have an overbearing opportunist at your workplace.
Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John to talk about the market waiting for some upcoming data including a speech from Fed. Chairman Powell tomorrow and the November jobs report on Friday. Tom also discusses if we are going to see a recession in 2023 and how long it might last.
Segment 4: Jane Oates, President, WorkingNation, talks to John about the possibility of a railroad strike, what the railroad workers want, the likelihood Congress gets involved in negotiations, and how a strike could impact the economy.
https://serve.castfire.com/audio/4053552/4053552_2022-11-29-205252.128.mp3
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicagoans are expected to spend about $719 each on holiday shopping this year. Crain’s says that’s according to the data from business management consulting firm Accenture.
Also, A woman from Florida is suing Chicago-based Kraft Heinz foods for $5 million. She claims the company is misleading the public about how long it takes to prepare their Velveeta Mac and Cheese cups. Listen for more below:
https://serve.castfire.com/audio/4052312/4052312_2022-11-28-214712.64kmono.mp3
Segment 1: Mallika Mitra, Investing Editor and Reporter, Money.com, talks about the Fed’s battle against inflation, what mistakes investors make when the stock market is volatile, and how investors can avoid these mistakes. Subscribe here to Maillika’s new newsletter for the latest business news.
Segment 2: Jon Abt, Co-President, Abt Electronics, joins John to talk about the deals they have going on for Cyber Monday, how the sales were over the holiday weekend, and what people are most looking to buy this holiday season.
Segment 3: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including the new startup gift guide for the holiday season.
Segment 4: Frazer Nagy, CEO, Tablz, tells John about how they are redefining the future of dining, by enabling diners to select and upgrade to the table of their choosing.
https://serve.castfire.com/audio/4052288/4052288_2022-11-28-203928.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the recent stock market rally, the importance of knowing your money personality, the latest on the FTX fiasco, and a warning about U.S. credit card debt. And as always, Terry answers all of your financial questions. Segment 2: Jeff Chun, Vice President, […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. Some good earnings news from Illinois-based John Deere. They reported fourth-quarter earnings of two-point-25 billion. On a per-share basis, Deere said it had net income of seven dollars-44 cents. These numbers beat Wall Street expectations. Also, we are awaiting the minutes […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to the layoffs in the tech sector and what companies should look for if they want to hire from that talent pool. Segment 2: Bartie Scott, Senior editor, economy, Business Insider, chats with John about the Fed’s plans for interest rates, how an uptick of COVID […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. With the Holiday shopping season upon us, the CEO of Best Buy expects you to spend more money this year. Corie Barry believes that’ll hold true on Black Friday and Cyber Monday. Best Buy’s quarterly earnings came in better than expected, […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Bob Iger returning as CEO of Disney, the amount of people that will be traveling for Thanksgiving this year, where gas prices stand as we head into the holiday, and the cost of Thanksgiving for 2022 Segment 2: Chicago Inno‘s Senior Editor Jim […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. Bally’s Cooperation announced it has closed the deal to the tune of 200 million dollars for the Tribune Publishing Center site for its Bally’s Chicago location. It’s a 99 year ground lease deal for the land on Chicago Avenue and Halsted. […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the impact the press has on inflation expectations. Segment 2: Emily Johnson, president of Chicago-based Taylor Johnson Public Relations, joins John to talk about the 45th anniversary of the firm and how they are giving back to the Greater Chicago Food […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. If trends continue, State Farm could soon see record auto insurance losses. The Bloomington-based insurer saw $8.6 billion in underwriting losses through the first nine months of this year, according to Crain’s. State Farm’s auto unit posted a $5 billion loss […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Employees at two Starbucks in Chicago and three in the suburbs joined workers at more than 100 other Starbucks across the country in walking off the job today. The union that’s been organizing stores for the past year says the strike […]
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, tells John about what he expects to see from the stock market in the last quarter. How is inflation, inflation, and geo-political uncertainty impacting the economy? Scott also talks about the upcoming Leonid for Lauri benefit show for the Tulips for Lauri Foundation. You can get tickets […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why the stock market is torn right now. There was good news on retail spending as the economy is still chugging along, but homebuilder sentiment dropped to a low not seen since 2012. What does Terry expect the Fed will announce in […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. New data shows 11 major U.S. metro areas, including Chicago, saw rents decline in October. The largest drops came in Milwaukee, Minneapolis and Baltimore. Chicago rents fell 1.1%. Redfin says demand for rentals is slowing because economic uncertainty is prompting many […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A subsidiary of maintenance supply company W.W. Grainger is moving its headquarters from Buffalo Grove to Chicago’s West Loop. Zoro is an online shopping and e-commerce platform with about 650 workers in the area, including some who work remotely. Most of […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss the importance of employee appreciation and why he hosts a “ThanksLiving” dinner for his company each year. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the rise in startup businesses and why testing to see if the business is “Recession Proof” […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Anna Davlantes in for John Williams to talk about the latest news involving cryptocurrency exchange FTX and what’s next for those who used the exchange and Illyce and Anna also chat about Executive Chairman of Amazon Jeffrey Bezos giving away millions of his own dollars […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. Good news and bad news about prices. First, the average price for gas in Chicago fell over 18 cents a gallon in the last week. GasBuddy’s survey showed the average price of 4.37 a gallon. The bad news – airfare and […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins Jon Hansen, who filled in for John Williams to discuss getting financial advisors to help with your retirement. Plus, Terry answers caller questions. Segment 2: Managing director of Innovation DuPage, Dan Facchini joins to talk about the trials and tribulations of starting a new business, and why […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. United Airlines is moving forward with a planned 5% pay raise for its pilots in a show of good faith after the pilots’ union rejected a new contract. The pilots had been set to get the pay hike in May under […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about today’s CPI Report that shows inflation may be easing. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including the latest on Elon Musk’s Twitter takeover, and Meta (aka Facebook) announcing 11,000 layoffs, the first in […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A global technology company is about to step up hiring in Chicago. According to Crain’s, Tata Consultancy Services or TCS is adding 1,200 jobs in Chicago over the next two years. TCS helps companies move to the cloud and already employs […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why the stock market is dipping today after the midterm election, what we should expect from tomorrow’s CPI Report, and why bitcoin is plunging today. Segment 2: FBI Agent Siobhan Johnson tells John about a technical support scam that is currently targeting older […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about how the stock market typically performs during mid-term election years and the likelihood we are going to see a recession. Segment 2: Phillip Shoemaker, Executive Director of Identity.com, joins John Williams to talk about what might happen with Twitter now that Elon […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s landmark Blackstone Hotel is back up for sale. The owners of the Michigan Avenue hotel have hired real estate services firm Jones Lang LaSalle to sell the property, according to Crain’s. The 335-room hotel had been on the market a […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about The National Association of Realtors releasing its annual Profile of Home Buyers and Sellers that found first-time buyers made up only 26% of all buyers, the age of the typical first-time buyer was 36 years-old, and home buyers typically purchased their […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based VillageMD, which operates primary care clinics in Walgreens stores, is buying Summit Health-CityMD for nearly $9 billion. The move will help VillageMD expand its footprint and offer specialty and urgent care services. Summit provides both of those services in New […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down the October job report. What’s good? What’s bad? And what can we expect the next few months? Segment 2: Clayton Stanley, Director of Operations, Puttery, tells John about the grand opening of their new location in Chicago. Puttery aims to re-define […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Rent increases are moderating in Chicago’s downtown. Crain’s says new data shows rent at top tier apartment buildings fell about a dime per square foot in the third quarter but was still 8.5% higher than last year. Integra Realty Resources compiles […]
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about the Fed saying they will raise interest rates again, how the markets have been reacting to the Fed announcement, and if he believes that inflation will come down significantly. Segment 2: Ally Marotti, Reporter, Consumer products, food, restaurants, retail, media and advertising, Crain’s, tells […]
Segment 1: Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about what she expects from the Fed announcement today, the newest I-Bond rate, and why T-Bills might be a better deal for you. Terry also answers all of your financial questions. Segment 2: Jerrod Melman, Executive Partner, Lettuce Entertain You, joins […]
Segment 1: Christine Kuglin, Director, Truth in Accounting, joins John to talk about Illinois ranking 48 out of 50 in the 13th edition of Truth in Accounting’s Financial State of the State report. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about the increase in hiring temporary CEO’s and the benefits, challenges, and […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. Deere and Company in Moline, IL will enter a partnership with Advantage Capital’s Empower The Change growth fund. It provides entrepreneurs of color access to capital for business growth. Also, True Value has acquired the brand trademark rights from Agway Farm […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the real estate market and how 98 of the 100 largest U.S. markets saw home prices decline in September from their 2022 peaks, the October stock market rally, Eurozone inflation hitting 10.7%, and the likelihood the Federal Reserve will raise its […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The 223-room hotel that opened last year on Navy Pier is up for sale. Crain’s reports that a Chicago developer put the Sable Hotel on the market earlier this month. There’s no asking price for the listing. The property, owned by […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about why the stock market is having a really good day today, the economy growing in the third quarter, his expectation for the next Fed move, if he believes if we have hit a stock market low, and what he’s telling investors […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Attorneys General from several states including Illinois are reviewing the proposed purchase of Albertsons by Kroger. Albertsons owns Jewel-Osco and Kroger owns Mariano’s in the Chicago area. Illinois Attorney General Kwame Raoul and the other AGs have sent a letter to […]
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, joins John to talk about the U.S. GDP increasing, the markets reacting positively to the GDP number, big tech companies reporting earning declines, how that has been impacting the economy, and how the market traditionally performs in October. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago Congresswoman Jan Schakowsky is among a group of lawmakers urging the Federal Trade Commission to block Kroger’s proposed purchase of Albertstons. Kroger owns Mariano’s and Albertstons owns Jewel-Osco. The lawmakers say the FTC should look closely at monopoly issues and […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about what you should know about Medicare open enrollment, and why you should buy Series-I savings bonds before Friday. Terry also answers all of your Medicare and treasury bond questions! Segment 2: Gudrun Snyder, Founder, Moon Rabbit Acupuncture, joins John to talk about her […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. More than 6 in 10 Chicago employers are requiring employees return to the office on a weekly basis, according to Crain’s survey. It also finds that companies without a return to office mandate have no plans to change the rules. Of […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss how you can rebuild trust after you make a mistake at work. Segment 2: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the nice run of the stock market the last week or so, what he expects […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The McRib is coming back to McDonalds, and this could be the last time fans get it. The sandwich is returning to the menu on Oct. 31 for a limited time. A statement from McDonald’s says “this could be your last […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the stock market having its best week since March 2020, the continuing concerns about a possible recession, the amount of Americans that are living paycheck-to-paycheck, how many people applied to receive student loan debt relief, and the housing market hitting the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s debt gets an upgrade from Fitch Ratings, the first in 12 years. The upgrade is from BBB- to BBB. Fitch says it made the move because of the city’s “improving pension funding practices” and more conservative actions around maintaining reserves. […]
Segment 1: Jim Cramer, host of Mad Money with Jim Cramer on CNBC, joins John to talk about the stocks that he recommends as we head towards an inevitable recession, if the federal government made any economic mistakes during the pandemic, why the stock market is up again today, the advice he has for investors […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based SpotHero is teaming up with Lyft to expand its user base. Crain’s reports SpotHero is now available inside the Lyft app in Chicago and San Francisco with more markets to be added in the future. SpotHero cuts deals with parking […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about why this is one of the most volatile periods of the stock market, if we have already seen the bottom of the market, the consumer still doing really well, and what you need to know if you are a […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A data breach at Advocate Aurora Health could have revealed sensitive information about millions of patients. The breach involved an internet tracking technology that collects details about patients who interact with its websites. The technology was installed on Advocate’s patient portal […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about T-bills and Series I bonds and how you only have 10 more days to buy I-bonds and get the 9.62% rate. And as always, Terry answers all of your financial questions. Segment 2: Miguel Franco, Owner, Healthy Substance, talks to John about […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Some Mariano’s and Jewel-Osco locations in the Chicago area could be closed as part of Kroger’s acquisition of Albertsons. Kroger owns Mariano’s and Albertson’s owns Jewel. Experts tell Crain’s it’s possible some locations would have to be shut down in order […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. New data shows Chicago-area home sales fell 23% in September. Crain’s reported the numbers compiled by Midwest Real Estate Data, the Chicago Association of Realtors and Showing Time. Elk Grove Village saw a drop of 52% compared to the year before, […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss what leadership qualities make a good boss. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about how snarky feedback from bosses is getting them into trouble and how supervisors should be better treating their employees. Segment 3: Craig Bolanos, Co-Founder and CEO […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Jon Hansen to talk about some real estate “Never Befores,” including the largest number of 20-somethings living at home with their parents and rents rising by 19% year over year. Segment 2: Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells Jon about Chicago VC investment continuing to […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Starbucks says it will meet workers at the table over the closure of a store in Chicago’s Edgewater neighborhood after workers there voted to unionize. Last week, the company announced the closure of the store at 1070 W. Bryn Mawr and […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the huge swing in the stock market yesterday, what the Fed will do to combat inflation, when interest rates will likely come down, and what you can do to protect your assets in this economy. Segment 2: Joe Chura, President and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. United Airlines could be close to making a big order for new wide body jets. The Chicago-based company is reportedly weighing orders with Boeing and/or Airbus for more than a hundred 787 Dreamliners and A350s. The purchase would be one of […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the wild swings in the stock market today, and what to make of today’s disappointing inflation data. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including the biggest sellers on Amazon Prime Day, Netflix launching […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Two of the major grocery store chains serving Chicago could be merging. Bloomberg reports Kroger is in talks about a merger with Albertsons and an agreement could be reached as soon as this week. Locally, that would mean Jewel and Mariano’s […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the increase in wholesale prices, how markets are reacting to the data, what we can expect from tomorrow’s inflation data, how much of an increase in Social Security income we might see, and the Fed’s continuing effort to curb inflation. And as always, […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to share a motivational video of Kara Lawson, head coach of the Duke Blue Devils women’s basketball team talking to her team about how to handle “hard” better. Segment 2: Deepwatch Senior Director of Security Architecture Bill Bernard joins John Williams to talk about the latest […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Hollywood Casino plans to move its casino out of downtown Aurora. It wants to build a new site closer to the I-88 interchange with Farnsworth Avenue, near the Chicago Premium Outlet Mall. The new development would include a Barstool Sportsbook, 200 […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. A University of Chicago economics professor is one of three people sharing this year’s Nobel Prize in Economics. Douglas Diamond is professor at the Booth School of Business at U of C. Also winning are former federal reserve chair Ben Bernanke […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joined Jon Hansen , filling in for John Williams, to talk about the September Employment report and what are the key facts to know about it. Segment 2: Dakin Campbell, Author and Chief Finance Correspondent, Insider, talks with Jon about what an […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Second City will open a location in New York City next summer. The new location will open in the Williamsburg neighborhood of Brooklyn. A news release says the space will include a main stage theater, classrooms, restaurant and bar. This […]
Rick Kogan, filling in for John Williams, is joined by Candace Jordan of Chicago Star Media and Maureen Schulman of Eli`s Cheesecake for the full hour. Candace shares how Chicago Star Media was started during the pandemic and what kind of news they report on. Maureen shares about the storied history of Eli’s and she […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s hospitality industry had a strong summer and it’s nearly back to the level reached in 2019 before COVID. Crain’s reported the stats provided by the city’s tourism and convention promotion agency, Choose Chicago. Chicago hotels reported having 3.11 million room […]
Segment 1: Debt Relief Attorney Rae Kaplan with Kaplan Law Firm, joins John Williams to talk about 6 states suing the Biden Administration over the President’s student loan forgiveness plan. Then, of course, Rae answers all you questions! Segment 2: Chip Rogers, President & CEO of American Hotel & Lodging Association, joins John to talk […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Delta Airlines has set Oct. 12 as moving day from its longtime home in O’Hare Airport’s Terminal 2 to newly renovated gates in Terminal 5. Delta’s move is the next step in the $1 billion expansion and renovation of Terminal 5. […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the Bureau of Labor Statistics’ Job Openings & Labor Turnover Survey report published today. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about leadership lessons that can be learned from NASA’s recent asteroid deflection test. Segment 3: Michael Meagher, President of […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new report says Illinois’ economy passed $1 trillion in annualized Gross Domestic Product in 2022. The Illinois Economic Policy Institute and the Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign used federal data for the report […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the Stock Market being up 600 points and General Motor sales up a surprising 24%. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke , talks with John about his sit down with AOL co-founder Steve Case who talked about his new book […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. United Airlines is temporarily suspending service at New York’s JFK Airport. The Chicago-based airline said their schedule was too small to remain competitive, especially with the start of the winter season. Also, Kareem Daniel has been named an independent director of […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about inflation accelerating even more than expected in August, how the markets have been reacting to the inflation data, the importance of sticking to your investment plan, and why he believes things will get better. Segment 2: Christie Neighbors, Head Coach and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Lurie Children’s Hospital has chosen Schaumburg for its next out-patient center and has asked for state approval. The $56 million facility would replace Lurie’s out-patient locations in Arlington Heights, Hoffman Estates, and Huntley. The planned 70,000-square-foot facility would be located at […]
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to talk about the 4 trends that are keeping Boomers unemployed and holding the US back from a full recovery, how the pivot to remote work accounted for 60% of the US home-price surge, and how the UK’s abrupt tax cuts are sowing market chaos. Segment […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the stock market bouncing back today and what that means for investors. Terry also answers all of your financial questions. Segment 2: Jennifer Morand, President, Chicago Automobile Trade Association and General Manager, Chicago Auto Show, tells John everything we should know about […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Berwyn-based Buona Beef has announced plans for a franchise expansion nationwide. The family-owned company plans to open 100 franchised stores over the next five years in Florida, Texas, Colorado, Tennessee, Arizona, and elsewhere in the Midwest. Expansion states were chosen based […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the return of the performance review and what that means as more people are coming back to work in the office. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Cameo opening a new headquarters in Chicago, a […]
Segment 1: John Williams kicks off the Wintrust Business Lunch by breaking down a few business stories including Amazon’s second Prime Day sale, President Biden proposing new rules requiring airlines to disclose extra fees upfront, and Logan Square’s ‘horny’ farmers market. Segment 2: Blake Sorensen, Founder of the leading allergy-friendly snack brand Blake’s Seed Based, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new study says remote work has caused a decrease in Chicago-area commute times. CommercialCafe, a commercial real estate listing service, provided the new data. It shows a 3.2-minute decrease in travel time. In 2019, the average commute time was 35.3 […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins guest hosts Steve & Johnnie to talk about the significant market drop, why the rapid rise in interest rates is causing the uncertainty, and when we might see a turnaround. Segment 2: Sarah Freishtat, Chicago Tribune Reporter covering transportation, joins Steve & Johnnie to talk about […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new ranking of business schools is out, and University of Chicago is tied with Harvard for the number two spot. The rankings for best MBA programs are part of Bloomberg Businessweek’s 2022-23 Best B-Schools report. U of C’s Booth School […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new report says Illinois gambling revenue has hit a new high. The report from the Illinois Commission on Government Forecasting & Accountability says state gambling revenue hit nearly $1.9 billion as of June 30. That’s an increase of nearly 39% […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins Steve & Johnnie to discuss what the Fed raising interest rates again means for you and your wallet. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with Steve & Johnnie about a variety of tech stories including more political spam coming to your Gmail inbox, and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The City of Chicago is about to announce a new round of incentives to encourage developers to create at least 1,000 new residential units in the Loop. Crain’s says the proposal will be announced next week by Mayor Lightfoot. The new […]
Nationally syndicated financial columnist and author Terry Savage joins John to talk about what we can expect from the Fed announcement later today, how the markets might react, the likelihood we see a sharp, economic slowdown, and why it’s a good time to buy U.S. Treasury Bills. And as always, Terry answers all of your financial questions. […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss the impact that crime in Chicago is having on business. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about what companies need to look out for if they are going to be hiring temporary employees. Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A 15-story apartment building is in the works for a site near the Lincoln Yards development on Chicago’s north side. Crain’s reports developer Sterling Bay wants to construct a 359-unit building adjacent to Lincoln Yards. It would be at 2031 N. […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the Federal Reserve likely raising rates in an effort to cool down the high cost of living, if the Fed is playing catch-up right now, Americans carrying a near-record level of credit card debt, and mortgage rates hitting 6% last week […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A natural gas plant in Will County has won a court order that will allow it to keep operating despite a new law limiting emissions from fossil fuel plants. J-Power USA’s Elwood Energy is one of Illinois’ largest natural gas power […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why it’s important to prepare for a possible recession, and what you should be doing to protect yourself. And as always, Terry answers all of your financial questions. Segment 2: Chloe Reaumond, Founder, Bestowal, tells John about her gift giving small business, her […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Robotic personal delivery vehicles could soon be delivering more restaurant meals and groceries on and near the University of Illinois campus in Chicago. A city council committee has given the green light for expansion of the robotic delivery pilot program. Also, […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the good and bad news about retail sales rising slightly, the markets struggling to recover from inflation data being released earlier this week, and what we can expect from the markets when interest rates tick up again. Segment 2: Joan E. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. McDonald’s is expanding its downtown Chicago headquarters. The company has announced plans to move its innovation center from Romeoville in 2023 and bring up to 120 suburban employees to the West Loop. The center will focus on creating restaurant solutions and […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about why the market fell so much after yesterday’s inflation report, what the Fed raising rates again will mean for the economy, and if he believes inflation will begin to fall. Segment 2: Dale Buss, veteran financial journalist and founder and executive […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. University of Chicago Medicine has announced plans to acquire a portion of AdventHealth to expand care and services in the western suburbs. The proposed affiliation would give the hospital a controlling interest in AdventHealth’s Great Lakes region, including hospitals in Bolingbrook, […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what employees can/should do if they are denied a promotion or salary increase. Segment 2: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, talks to John about the market sinking today after a report on inflation. Why is the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Second City has named a new CEO. Ed Wells comes from Sesame Workshop, the organization that produces Sesame Street and other children’s programs. At Sesame Workshop, Crain’s says Wells developed a long-term growth plan and worked to increase audience engagement. […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Jon to talk about the stock market continuing to move in positive territory, the Fed’s plan to combat inflation by raising rates again, and why gas prices dropping could mean that inflation has peaked. Ilyce also tells us what you should know about flood insurance. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Rush University System for Health is expanding into Indiana. Crain’s reports Rush and Franciscan Alliance have entered a partnership to expand the availability of cancer and neuroscience care to patients in northwest Indiana. Also, Caterpillar has reached a civil settlement with […]
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about how the Fed is going to continue combat inflation, how the market is reacting to the news, and why it will be good for investors moving forward. Segment 2: Laura Ellis, Executive Vice President and President of Residential Sales, Baird & […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. United Airlines says passenger demand remains strong even as the summer travel season comes to an end. The company has raised its outlook for third-quarter sales and said it may fly slightly more than previously planned. United operating revenue is expected […]
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to talk about what it means that our economy might be in a ‘growth recession.’ Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including the big Apple announcement, and the Amazon CEO saying the company has no plan to require workers […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A bidding war has broken out among Chicago renters. Block Club Chicago says apartments in neighborhoods like Lakeview and West Town are renting for $500 or more over their listed rates and properties are being snapped up within hours of being […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the U.S. economy and if we have reached peak inflation, the Fed possibly raising rates again, when we will see the prices of groceries come down, and what natural gas prices will be like this winter. And as always, Terry answers all of […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. You’ll be seeing more e-scooters in Chicago’s Loop. Crain’s reports Lime is doubling its fleet to 2,000 and expanding into downtown. The company received permission from the Chicago Department of Transportation for the expansion. Illinois headquartered State Farm insurance is making […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to break down Friday’s August jobs report and why he believes the labor market is very strong and what that means to the health of the economy. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about how ‘quiet quitting’ is offering some ambitious employees […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The public will get a peek at what the Chicago Bears have planned when they move to Arlington Heights. On Sept. 8, the team will unveil its vision for a stadium-anchored entertainment district at the Arlington Park Racecourse site. Also, Developers […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down the August Labor Report and what that will mean for the economy. Segment 2: James Martin, Chef and Owner, Bocadillo Market, talks to John about his new restaurant, how the food is inspired by Spain, some of the popular items they […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Passengers will see picketing pilots at airports this Labor Day weekend, including Chicago’s O’Hare. Members of the Airline Pilots Association will be demanding better pay and scheduling. Also, Co-working space The Wing is closing its locations immediately, including Chicago’s Fulton Market. […]
Segment 1: Jared Dillian, Best selling financial author, joins John Williams to talk about the price of education and why we need to really look at the economic viability of attending college. Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including Twitter testing out an edit button as well as a […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. ExteNet Systems, a provider of wireless networks, is moving its headquarters from Lisle to Frisco, Texas, a suburb of Dallas. The company employs about 350 people, including 120 in Lisle. Several of ExteNet’s biggest clients are in Texas, including stadiums used […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why we should fasten our seatbelts for the stock market in September, the likelihood we see a stock rally after the mid-term election, what you should know about maximizing your social security benefits, and the latest on student loan debt relief. And […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago restaurant group Lettuce Entertain You will launch a private members club in River North next year. Crain’s reports the company will collaborate with a New York-based hospitality group, with a launch in late 2023 for the new club with a […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how companies can prepare for employee pushback if/when they announce return to office plans. Segment 2: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the markets still reacting the Fed’s plan to combat inflation, job openings topping 11 […]
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, tells John about the latest on the economic impact of student debt relief, what’s been happening with the market since Fed Chairman Powell’s announcement last week and what that means for investors. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including A […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based Home Partners of America is halting home purchases in 38 cities, the latest real estate company to pull back as housing markets overheat. The company’s pausing purchases in Boise, Fresno, Memphis and 25 other areas starting Sept. 1 and will […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the market’s reaction to Fed Chairman Powell saying that the Fed will continue to raise rates to fight inflation, the likelihood we see a recession, how student debt relief will impact the economy, and his advice for both short-term and long-term investors. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Discover Financial Services is hiring tech talent for its downtown Chicago office. The River Woods based company plans to hire 150 new graduates within a year for data and analytics jobs. The first 75 will start on Monday according to Crain’s. […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about what Fed Chairman Jerome Powell might say about inflation tomorrow, second-quarter GDP declining less than previously thought, what he expects to see from the August labor report, and how student loan debt forgiveness will impact the economy. Segment 2: Joan E. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A company developing an air taxi is planning to test the service in Chicago. Startup Eve Air Mobility says the test will happen next month. The company is developing an electric vertical takeoff and landing aircraft that’ll ferry passengers from downtown […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about President Biden announcing his plan for student loan debt relief. Segment 2: Christopher Coleman, vice president of development for Wingspan Development Group, joins John to talk about how supply chain challenges are impacting his industry and what Wingspan is doing to find […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. In the wake of Caterpillar’s decision to move its headquarters to Texas, the company has put its Deerfield offices up for sublease. Crain’s reports CAT is offering its entire 116,000-square-foot office complex for sublease. Nineteen Illinois counties are suing Deerfield-based Walgreens […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. American Airlines is adding shorter, regional flights to and from O’Hare Airport. The airline is partnering with regional airline Air Wisconsin to operate up to 60 planes under the American Eagle banner beginning in March. Also, a federal court has ordered […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss the concept of ‘quiet quitting.” Is this just a way for employees to set boundaries or do employers consider it to be ‘phoning it in.’ Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to John about managers reporting confusion about how to manage time-off […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about home sales dropping by a lot in July, and when we might see banks raise interest rates for savings account. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including the amount of startup layoffs across the industry, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. General Motors and LG Energy Solution are eyeing northwest Indiana for a $2 billion battery factory. Reuters reports the site is between Michigan City and South Bend in New Carlisle. Two distressed suburban hotels are being purchased by an Oklahoma real […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about how important sentiment is when it comes to the strength of the economy, why we might on the cusp of a real estate recession. Segment 2: Sunny and Perry Patel, Partners, More Brewing, joins John to talk about their wide variety of […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. It’s going to cost more to complete a new global terminal at O’Hare Airport. The City of Chicago estimates the construction and related projects will cost $7.1 billion, up from $6.1 billion when the project was first announced. Crain’s reports the […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about some of the positive economic news, the recent stock market rally, the labor market challenges, and inflation still being a cause for concern. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Portillo’s says it’s looking outside Illinois for growth and the Sun Belt is getting much of the company’s attention. Bloomberg says five of seven new Portillo’s locations are opening in Florida, Arizona, and Texas. Population growth in those areas is helping […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about long-term care insurance, what’s happening in the stock market, what’s happening in the crypto / meme stock market, and if the Fed plans to raise rates again in September. And as always, Terry answers all of your financial questions. Segment 2: Chef Amanda […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Vegan mozzarella is coming to pizzerias in the Midwest, and you can thank Illinois-based food giant Archer Daniels Midland. The company is working with startup New Culture to launch the animal-free mozzarella in the U.S. market starting with Midwest pizzerias next […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the 24th anniversary of his business and what he’s learned over the last 24 years. Segment 2: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about the rally in cyclical companies, inflation starting to come down, and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. There are some high-profile comings and goings to report on North Michigan Avenue. Swiss crystal and jewelry maker Swarovski has announced it’s returning to the Magnificent Mile. Meanwhile, jewelry retailer Cartier is closing its store on Michigan Avenue and will move […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the market being on the upswing over the last four weeks, the Fed expecting to continue increasing rates until inflation is around 2%, gas prices continuing to drop, the housing market starting to balance, a Redfin report showing people leaving (but […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. United Airlines is stepping up hiring at O’Hare Airport. Crain’s reports the airline is planning to hire 300 operations workers at the airport and will hold a job fair Tuesday at the United Center. The event runs from 10am to 3pm. […]
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, joins John to talk about the good inflation reports the last few days, if he thinks inflation has peaked, how the markets have been reacting to the inflation data, what the Fed will do as they continue to battle inflation, the current strength of the housing market, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Rivian Automotive, with a manufacturing plant in downstate Normal, is running behind its production goal of turning out 25,000 vehicles this year. The company made only 7,000 vehicles because of supply-chain issues and growing pains. Also, Deerfield-based Walgreens is offering lucrative […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s inflation rate fell last month, according to the U.S. Bureau of Labor Statistics, but was still fourth highest in the country in July. Consumer prices fell 0.2% over the past month but were up 8.8% from a year ago. Also, […]
Segment 1: Scott Bauer, CEO of Prosper Trading Academy, tells John about how the markets have been reacting to the good inflation data. Scott believes that there are still many issues like the war in Ukraine, supply chain issues, and inflation that are causes for concern. Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the CPI data that was released showing inflation easing a bit. How are markets reacting to the data and what does that mean for the economy? And as always, Terry answers all of your financial questions. Segment 2: David Oakes, Andersonville Chamber’s Director […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Woodfield Mall in Schaumburg has landed some new retail and restaurant tenants. Abercrombie & Fitch and its affiliated lingerie brand Gilly Hicks will open before the holiday shopping season. The Daily Herald reports both stores will be located next to Express […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about last week’s surprising jobs report and what it means for the economy moving forward. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Groupon laying off 500 employees, a new ranking of top Midwest cities for startups having […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. We’re learning more about the layoffs at Chicago-based Groupon. The company says most of the nearly 500 jobs cuts will be in technology, North American sales, and merchandise business in Australia. The layoffs represent about 15% of the company’s staff, in […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the ways you can save for a down payment on a house, how pessimistic people are about buying a house, and the nation’s top ten consumer complaints according to the Consumer Federation of America Segment 2: Hannah Towey, Business News Reporter, Insider, tells […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new report says Chicago-area foundations increased their grant-making by 52% in 2021. Crain’s reports the top 25 organizations on its list of Chicago’s Largest Foundations paid $2.78 billion in grants last year. Also, the newest spot to eat at Chicago’s […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down today’s surprising jobs report and what it means for curbing inflation. Segment 2: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about the speed bumps on the way to the EV revolution. Segment […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Buona Beef and Original Rainbow Cone are expanding outside of the Chicago area with franchises. The companies will target areas of the country with lots of Chicago transplants, like Florida, Arizona, and Texas. Also, Illinois is selling a lot of weed. […]
Segment 1: Michael Bright, CEO, Structured Finance Association, joins John to preview tomorrow’s job report, and why it wouldn’t be bad if the unemployment rate ticked up a little bit. Will the report signal we might have reached peak inflation? Segment 2: CNET Editor at Large Ian Sherr joins John to talk about a variety of tech stories including Amazon saying […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Flight operations are finally improving at O’Hare Airport following a pandemic drop off. Data from the Federal Aviation Administration shows flight operations increased 22% in the first six months of this year to 348,604 arrivals and departures. O’Hare is now back […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the stock market being up today, St. Louis Fed President James Bullard saying they will continue to increase rates, if the Fed believes we are in a recession, and what we can expect with the jobs report on Friday. And as always, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Households that bought electricity from a company other than ComEd paid about $10 more per month over the past year than they would have had they stayed with the utility. According to the Illinois Commerce Commission’s annual report on the retail […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to the health of the current labor market and what me might see in Friday’s report from the bureau of labor statistics. Segment 2: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about how the Fed plans to combat inflation, if we are likely […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. State Farm is raising auto insurance rates in Illinois for the third time this year. Crain’s reports the insurer is raising rates 8.4%. That’s the biggest ever one-time hike here in Illinois. State Farm joins other major auto insurers in raising […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the amount of credit card debt people are carrying, how the net worth of millennials increased substantially during the pandemic, new home sales falling, and a new survey from Lending Tree that shows how that parents are stressed about back to […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Lollapalooza and the City of Chicago have formalized a deal that will keep the music festival in Grant Park for the next 10 years. The agreement could generate $4 billion in economic impact during the next decade. Also, McDonald’s has ended […]
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to talk about yesterday’s GDP reading that showed the economy shrinking, how the Biden administration is putting a positive spin on the data, how the Fed plans to combat inflation, gas prices continuing to plummet, and how higher interest rates are going to impact car loans, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The pay wall is coming down at the Chicago Sun-Times. Crain’s reports it’ll be replaced by a membership program that’s commonly used in the nonprofit journalism. The newspaper’s decision comes just six months after the Sun-Times was acquired by Chicago Public […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about GDP falling in the second quarter, when inflation might start to moderate, and how the markets are reacting to today’s data and yesterday’s Fed decision to raise interest rates. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Rivian is cutting about 6% of its workforce but the cutbacks will not affect the company’s factory in downstate Normal. The electric vehicle maker announced the job cuts yesterday. Also, Amazon workers at one of the company’s warehouses in Joliet have […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about how much the Fed will raise interest rates in an effort to combat inflation, what people should be doing with their money during this volatile time, and when we might return to normal. Segment 2: Lisa Pickell, President of Orren Pickell […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Mom Project based in Chicago has laid off about 15% of its staff. Crain’s reports the layoffs involve about 54 workers, including about a dozen employees in Chicago. Also, Allstate is about to hit Illinois drivers with another rate hike. […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to discuss what companies can do to retain their best employees. Segment 2: Philippe Weiss, President, Seyfarth at Work, gives John some tips on how companies and employees can navigate the conversation around pay raises during a time of soaring inflation. Segment 3: Brian Walsh, Manager […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Two of Chicago’s big three academic medical centers are among the top 20 hospitals in the country according to U.S. News & World Report’s best hospital rankings. Northwestern Memorial Hospital ranks ninth. Rush University Medical Center ranks 20th. Also, Eli’s Cheesecake […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the Mega Millions lottery, and what we learned from Lending Tree‘s new “Back to School” survey. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including VC funding being down in Chicago last quarter as startups across […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A leadership change is in the works for grill maker Weber. The Palatine-based company says CEO Chris Scherzinger is leaving and will be replaced in the interim by the chief technology officer. Also, it’s taken more than 800 days but 100 […]
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about the stock market rising over the last month, the health of the labor market, if we have hit peak inflation, why recession bias is dangerous, and the concern over housing and rent inflation. Segment 2: Larry Fisher, CEO of digital marketing […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Amazon’s purchase of primary care company One Medical will affect patients in the Chicago-area. The deal, announced yesterday, allows Amazon to enter the healthcare market. The all-cash transaction has a value of about $3.5 billion. Also, Amazon and Rivian have unveiled […]
Segment 1: Ed D’Agostino, COO & Publisher, Mauldin Economics, talks to John about the market continuing their rally, the weekly jobless claims ticking up, the difficult environment for business right now, the Fed trying to bring inflation under control, and why energy and food are the two most important invariables right now. Segment 2: Joan E. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. One of Chicago’s largest law firms is opening an office in Miami. It’ll be the first in the Southeast for Sidley Austin. The firm will have a total of 21 offices. According to Crain’s, several other big Chicago law firms have […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about how the market is doing after yesterday’s big rally, mortgage demand dropping to a 22-year low, and the latest on student loan debt forgiveness. And as always, Terry answers all of your financial questions. Segment 2: Teresa Ging, Owner, Sugar Bliss, tells john […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Target is expanding its footprint in the Chicago area. Crain’s reports the company has plans for two new warehouses, including one near Midway Airport and another in Elmhurst. Also, a currently vacant section of the campus housing Walgreens’ corporate headquarters is […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about why banning assault weapons is a good for business. Segment 2: Michael Bright, CEO, Structured Finance Association, joins John to discuss what the Fed needs to do to combat inflation. Segment 3: Kiana DiStasi, Marketing Director, Chicago Loop Alliance, tells John about […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. Carvana has been suspended from selling cars in Illinois again. The Secretary of State’s office says they are failing to properly process car titles and registrations, and giving Illinois car-buyers temporary out-of-state license plates. Also, Cleo opens a new office space […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Laura Washington‘s column about cryptocurrency, stocks rising to start the week, what the Fed might do to combat inflation, the annual amount of foreign investment in the U.S. existing home market, rising credit card debt and the latest on student loan […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Old Navy is closing its store on State Street. Crain’s reports the retailer has decided not to renew its lease at State and Randolph. Brokers have already started marketing the 32,000-square-foot space to other retailers. Also, OSF HealthCare, an Illinois-based Catholic […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Italian candy maker Ferrero is further expanding its footprint in Illinois. The company, whose brands include Nutella, Tic Tac, Ferrero Rocher, and Kinder plans to open an innovation facility in the Marshall Field building in the Loop. The 45,000-square-foot facility on […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about when we might see the end of the bear market, the positive news about retail sales, the impact of gas prices on the recovery, if we are on the tip of a recession and why he believes inflation is here to […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about why so few people are bullish on the stock market, if he believes some stocks are still overpriced, and why now is the opportunity to buy. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new analysis shows Chicago had the sharpest drop in tech employment among major U.S. cities during the pandemic. Real estate firm CBRE analyzed federal jobs data that shows Chicago lost 2,940 tech jobs between 2019 and 2021. Also, the pilots […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the big inflation number, how the market is reacting to surging inflation, and if we have seen peak inflation. And as always, Terry answers all of your financial questions. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new list of the world’s best cities is out and Chicago ranks second. Time Out’s list includes the 53 best cities. Edinburgh, Scotland ranks number one, followed by Chicago, the only U.S. city that made the top ten. Also, auto […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about what we can expect from tomorrow’s report on inflation, the surprising jobs numbers from last week, how the Fed plans to combat inflation, and when we can expect some relief from rising costs. Segment 2: Jon Abt, Co-President, Abt Electronics, […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Anna Davlantes in for John Williams to talk about home sales getting canceled at the highest rate since the start of the pandemic, how much money it takes to be considered ‘financially comfortable’ in the U.S. and the unemployment rate for Black women falling in […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. One of the nation’s biggest baby formula manufacturers says it has reopened its plant in southern Michigan. Abbott announced over the weekend that its Abbott Nutrition plant reopened July 1st and started producing its specialty baby formula and the popular brand […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the excellent June labor report, why contradiction is the economic word of the day, if he expects the market to bounce back from this year’s losses, and how the Fed will combat inflation. Segment 2: Bob Prosser, owner of Ishnala Supper Club, tells […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. A list compiled by Money.com and the Leapfrog group puts several Chicago area hospitals among the best in the country. University of Chicago Medical Center and Amita Health Resurrection Medical Center made the list. Also, Illinois sees record breaking revenue growth […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about what was learned with the release of the Fed’s June minutes, the Fed’s resolve to fight inflation and how the market has been reacting, if the Fed acted quick enough to combat inflation, and how optimistic he is that the markets […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Rosemont-based Physicians Immediate Care has been acquired by Chicago-area competitor WellNow Urgent Care. Crain’s says the acquisition will make them among the largest independent urgent care providers in the region. Also, billionaire Ken Griffin spent $54 million fighting Illinois’ graduated income […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about what you should know before you look at your second quarter 401k retirement plan statement. And as always, Terry answers all of your financial questions. Segment 2: Bob Bland, Founder & Chief Executive Officer, LifeQuotes, tells John about what we should know about […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Amazon Prime members will soon have a tasty new benefit. Amazon purchased a small stake in Chicago’s Grubhub and will add the Grubhub-Plus service to its Amazon Prime program. Members in the U.S. will receive one year of free access to […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network and resident of Highland Park, joins John to talk about yesterday’s tragic shooting that happened just a few blocks from where he lives. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including digital banking startup Chime opening a new Chicago office, […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Another court rules in favor of the Obama Presidential Center in Chicago. The 7th Circuit U-S Appeals Court has affirmed an earlier ruling that cleared the way for the center’s location in Jackson Park. Also, Illinois auto insurers made hundreds of […]
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, talked about how inflation and the economy still have a long way to go before it starts to stabilize. Segment 2: Mike Marr, owner and brewmeister, Buffalo Creek Brewing, talked about their specialty beers and what they have planned for the 4th! Segment 3: Katie […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The potential sale of the Kohl’s department store chain has fallen apart, and a shaky retail environment, rising inflation and consumer anxiety are reportedly to blame. Kohl’s had been in talks with Franchise Group, the owner of Vitamin Shop and other […]
Segment 1: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with guest host Anna Davlantes about a new survey that shows the majority of US households are uneasy with their level of emergency savings. Segment 2: Nationally syndicated financial columnist and author Terry Savage joins guest host Anna Davlantes to talk about the volatility of the stock market […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Peoples Gas has cut a deal with ComEd to put its Chicago natural gas customers on ComEd’s smart-grid system. The move will likely result in a rate increase for People’s customers. The Illinois Commerce Commission will have to approve the agreement. […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins guest host Jon Hansen to talk about what’s happening in the crypto market, and consumer confidence falling to a 16-month low. And as always, Terry answers all of your financial questions. Segment 2: Ed Zitron, Business Insider contributor, CEO of EZPR, a national tech and business […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Google is reportedly in talks to buy the James R. Thompson Center in Chicago. CoStar reports the company has plans to expand its Chicago offices into a portion of the Thompson Center after renovations are completed. Chicago developer Prime Group bought […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins Jon to talk about the coming months / years turning to an employer-driven market and if that turn will change the future of remote work. Segment 2: Philippe Weiss, President, Seyfarth at Work, talks to Jon about the rise in staff onboarding errors being made by bosses and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Walgreens Boots Alliance has abandoned the sale of its Boots business. The company says the recent “unexpected and dramatic change” in global financial markets is the reason why. The Deerfield-based company launched the sales process back in January. Also, Chicago home […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins Ilyce Glink to talk about 58% of Americans living paycheck to paycheck after inflation spike, if this is an indicator of a possible recession, and what this means for your retirement portfolio. Segment 2: Vijen Patel, Founder of The 81 Collection, joins Ilyce Glink to talk […]
Dave Schwan has the business news of the day with the Wintrust Business Minute. GasBuddy says average prices in Chicago have fallen 6.8 cents per gallon in the last week. The cheapest price is $4.89 and the highest is $6.99. High inflation has consumer confidence at an all-time low and McDonald’s has promoted 3 executives. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. McDonald’s is working on changes to its U.S. franchising system that could include stricter review for franchisees looking to keep their restaurants. Crain’s reports McDonald’s notified franchisees via email earlier this week. Those franchises are subject to review every 20 years. […]
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins Jon Hansen to talk about why the markets have been positive this week, the likelihood we see a recession, and how should you manage your portfolio in this market. Segment 2: Steve Soble, Burnt City Brewing Founder and owner of District Brew Yards, tells Jon […]
Segment 1: Zach Domato, co-founder and chief operations officer of Urban Rivers, joins Rick Kogan to talk about the inaugural “Wild Mile Block Party” on June 25 from 4pm to 9pm near the REI in Lincoln Park to celebrate the completion of the first section of the Wild Mile – a floating eco-park in the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Ken Griffin is relocating his Citadel hedge fund to Miami. He made the announcement in a memo to employees, according to Crain’s. He called Miami “a vibrant, growing metropolis that embodies the American dream.” He says the decision came after many […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the Fed doing everything they can to combat inflation, retirees having to come back to work because of the dip in their savings, the importance of adjusting to the economy, and if the stock market is just a bounce or a bottom. Terry […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The Civic Federation is urging the Chicago Board of Education to reject a new budget for Chicago Public Schools, a spending plan that includes a nearly 9% increase in the school district’s property tax levy. Chicago’s housing boom may be over. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Abbott Laboratories is planning a new office space in Willis Tower that could bring about 450 jobs to downtown Chicago. Crain’s reports the company has leased about 100,000 square feet on the 25th and 26th floors of Willis. Also, downtown Chicago […]
Segment 1: Sultan Meghji, Former Chief Innovation Officer (CIO), Federal Deposit Insurance Corp (FDIC); Duke Professor and Scholar at the Carnegie Endowment for International Peace, joins John to talk about the Fed’s rate hike, if the Fed should have acted sooner to take on inflation, the likelihood we see a recession, and when we might […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Amazon, the world’s second largest private employer, running out of people to hire, and a new survey that shows the impact of inflation and the possibility of a recession. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Illinois is trying to get the Asian carp renamed as part of a marketing campaign that’ll help land the fish in restaurants and on dinner tables. The Illinois Department of Natural Resources will apply to the Food and Drug Administration by […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to tell us about the Fed raising interest rates and what that is going to mean for the economy moving forward. Are we headed towards a recession? Segment 2: Katalin Ogren, President Emeritus, West Loop Community Organization, tells John about the great things that […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s tourism agency, Choose Chicago, has unveiled a new marketing campaign and slogan. The campaign’s marketing line is “When You Go You Know.” The tag line replaces the “Welcome Home” campaign, which was launched in 2017. A new global report ranks […]
Segment 1: Rebecca Ryan, Economist and Futurist, tells guest host Jon Hansen how the American workplace is shifting from workaholism to well-being. What is happening and what solutions are we seeing? Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with Jon about a variety of tech stories including new apps that can give you an advance on […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. At a time when most department stores are pulling out of shopping centers, Macy’s is moving into one, in suburban Evergreen Park. Crain’s reports the retailer has signed a lease for the former Carson’s location in Evergreen Plaza. Also, McDonald’s has […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about mortgage rates rising while homebuilders sentiment drops sharply, the stock market waiting for the announcement from the Fed, what the Fed is expected to announce and what that means for your money and the economy. And as always, Terry answers all of your […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. More than 17,000 Caterpillar employees will continue to work in Illinois when the company moves its corporate headquarters to Texas, according to the governor’s office. Also, Vancouver-based women’s fashion boutique Aritzia is taking over the former home of The Gap at […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what a company should consider before rehiring a former employee? What is the process and what should the company and employee be aware of? Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about how the return to the office is bringing up […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Three Chicago children’s hospitals are among the best in the U.S. The annual rankings by U.S. News & World Report puts Lurie Children’s Hospital in Chicago, University of Chicago Medicine Comer Children’s Hospital and Advocate Children’s Hospital in Oak Lawn first, […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how Friday’s bad inflation report is still impacting the stock market, mortgage interest rates continuing to rise, the rise of “buy now pay later,” and how the Fed will tackle inflation. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Ferrero candy is expanding its operations in Illinois. It’s announced plans to invest nearly $214 million to expand its facility in downstate Bloomington. The expansion will produce 200 additional jobs. Also, after McDonald’s suspended its operations in Russia over the invasion […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about how the market is reacting to the news that inflation hit a 40-year high. Is a recession unavoidable at this time? What do investors need to know? Segment 2: Hank Zemola, CEO, Special Events Management, tells John about the business side of festivals. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based McDonald’s is trying to speed up the drive-thru experience, particularly wait times in line. And to get that done, the company is cutting some healthy food from the menu. Nutritious menu options like grilled-chicken sandwiches, salads and fruit and yogurt […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about inflation really weighing on the consumer, what the Fed might do to curtail inflation, the major factors that are causing inflation, and how the market is reacting to inflation data being released tomorrow. Segment 2: CNET Editor at Large Ian Sherr chats with John about a […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. General Mills will reportedly open a 1.3 million square foot warehouse and distribution center in Belvidere, IL. The mayor there says the distribution center will be one of the largest developments in the city’s history. Also, a binding offer for the […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why the market is down again today, rising prices and how the Fed plans to combat inflation, and how to best rollover your IRA. Terry also answers all of your financial questions. Segment 2: Dale Buss, veteran financial journalist and founder and […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Shoe retailer DSW is closing its location at 35 S. State later this month, according to Crain’s. Disney, New York & Company, and Urban Outfitters are among the other high-profile closures in the Loop. Also, Chicago-based Home Products International of North […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what companies can do during the onboarding process to retain interest and keep new hires engaged. Segment 2: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about rising gas prices, being bullish on some sectors of the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Upscale convenience store Foxtrot has hired a former Taco Bell Chief Financial Officer, Liz Williams, as the Chicago company continues its rapid expansion. Also, Shares of Kohl’s are higher after the retailer announced it’s in exclusive takeover talks with the owner […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk the amount that rents are rising in the Chicago area, and the Top 10 states with the highest income generated from a home sale in 2021. Segment 2: Jonathan Webb, Workplace Market Director, KI Contract Furniture, tells John about how the expectations of […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Production restarted this weekend at Abbott Nutrition’s baby formula plant in Sturgis, Michigan. Company officials say they’re ramping up operations as quickly as possible while meeting FDA requirements. Also, activist investor Carl Icahn has ended a proxy fight against Kroger over […]
Segment 1: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, joins Rick Kogan to break down the strong May labor report. Segment 2: Scott Bauer, CEO of Prosper Trading Academy, tells Rick about how the markets are reacting to the May jobs data, Tesla cutting jobs, and the impact that Elon Musk has on the markets. […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. The project to replace Terminal 2 at O’Hare Airport and add two new satellite terminals is going to take longer to complete than first thought. It’s been delayed until at least 2030, according to an FAA document reviewed by Crain’s. Also, […]
Segment 1: Joseph Zeballos-Roig, Economic Policy Reporter, Insider, joins John to talk about President Biden being on the verge of canceling at least $10,000 in student loans. Segment 2: Bree Fowler, Senior Writer, CNET, chats with John about a variety of tech stories including Netflix quietly tweaking its popularity rules, Meta’s high-profile COO Sheryl Sandberg stepping down, the […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Private-equity firm Valor Equity Partners is moving its headquarters out of 875 N. Michigan, formerly known as the John Hancock Center, to Fulton Market. And Crain’s reports that Peoples Gas has collected more than $600 million in surcharges over a six-year […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the market swirling, JPMorgan Chase CEO Jamie Dimon saying he is preparing the biggest U.S. bank for an economic hurricane on the horizon, the Fed’s plan to combat inflation, and what you should know about VA mortgage loans. And as always, Terry […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Taste of Chicago is back on the calendar in Chicago this year after it went virtual because of the pandemic in 2020 and was held as a series of pop-ups last year. This year’s Taste of Chicago will be held July […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to tell us why home prices rose 20% in March. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about what we should know about the rising “Pay Transparency” movement. Segment 3: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including a […]
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Home prices are soaring despite rising mortgage rates and Elk Grove Village is another step closer to gaining a large data center. Listen for more below: https://serve.castfire.com/audio/3971423/3971423_2022-05-31-161023.64kmono.mp3
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about some positive economic news coming out today, how everything dovetails from inflation data, the importance of making your portfolio is balanced, why investors should focus on great companies as a hedge against inflation, and the current health of the housing market. […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the nice day that the market is having today, how supply chain and geopolitical issues are still impacting the economy, and what you should do to protect yourself from a volatile stock market. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John […]
Nationally syndicated financial columnist and author Terry Savage spends the hour with John to talk about inflation putting prices up, how the Fed plans to combat inflation, housing sales slowing down, the continued market volatility, and the rising price of natural gas. And as always, Terry answers your financial questions.
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about Boeing and other businesses deciding to leave Chicago and what the administration can do to attract more companies. Segment 2: Bryce Hill, Senior Research Analyst, Illinois Policy Institute, tells John what we should know about the U.S. Census Bureau estimating that Illinois’ […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Oxfam’s new report that shows there were 573 more billionaires in the world by March 2022 than in 2020, the economy facing the biggest confluence of negative global factors since WWII, the Federal Reserve Board on issuing its Economic Well-Being of […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the possibility of a recession, the housing market beginning to stall, inflation weighing heavily on consumer confidence, if the distribution of stimulus money led to inflation, and if the Fed waited too long to raise interest rates. Segment 2: Rebecca Ryan, Economist […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about why the market is continuing to tumble. Are we in a bear market? And if so, how long will it last? What should investors be thinking? Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories […]
Nationally syndicated financial columnist and author Terry Savage spends the hour with John to talk about why the stock market is tumbling today, if we are in another bear market, and the latest on student loan forgiveness. And as always, Terry answers all of your financial questions.
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what companies can do to ensure good mental health for employees, and what the mayor needs to do attract business to the city. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about ‘boomerang hires,’ and what businesses need to be aware of […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about a new Lending Tree survey that shows 56% of bridal party members feel pressure to overspend, former Fed Chairman Ben Bernanke saying the Fed was too slow in raising interest rates, and the importance of improving your credit score considering today’s […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the possibility of another recession, if he thinks inflation has reached its peak, wages not keeping up with inflation, and the health of the housing market with rising mortgage rates. Segment 2: Margaret Frisbie, executive director of Friends of the Chicago River, […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley in Lake Forest, joins John to talk about how the market volatility now is similar to the dot com bubble and why it’s a great opportunity to focus on quality companies whose stock prices have dropped because of the overall market panic. Segment 2: Joan E. […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about inflation rising again in April, the IRS opening offices this Saturday for face-to-face help, and when is the best time to start taking Social Security. And as always, Terry answers all of your financial questions. Segment 2: Jodi Zombolo, Associate Vice President, Visitor Events […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to offer some advice to young graduates who are about to enter the workforce. Segment 2: Scott Bauer, CEO of Prosper Trading Academy, tells John awhy the markets have been mostly down the last few days, what we should know about rising mortgage rates, and […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Jon Hansen to talk about the stock market continuing to fall, why you should still be contributing to your 401K, mortgage interest rates rising, and Chicago being on the list of Top 10 Worst Cities for Commuters. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells Jon about […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down the April jobs report and the recent stock market swings. Segment 2: Dan Weiss, Owner, Dollop Coffee Company, tells John about how he started a coffee company after being an established hip hop artist, the new location in the South Loop, […]
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to talk about the extreme market shift the last two days after the Fed made a rate hike announcement yesterday. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including Apple, Google, Microsoft backing a passwordless future, Google revamping employee […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why I Bonds could be a good hedge against inflation and the debate over when to you should claim Social Security benefits. Segment 2: Kim Kuipers of Kuipers Family Farm tells John about their first annual Midwest Tulip Fest! Segment 3: Dale Buss, veteran financial journalist and […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to give advice to parents that are looking to jump back into the workforce. LaSalle Network is hosting an event on Tuesday, May 24 at their headquarters from 9:00AM – 1:00PM for parents looking to rejoin the workforce and get career advice and job-search help. […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new survey on how employees feel about their impending retirement, and a new study from Houzz which found that home renovation activity and spend have reached the highest rates reported since 2018. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about […]
Segment 1: Tom Fortino, Founder and Principal, Alpha Wealth Group, joins John Williams to talk about the continuing market volatility, what he’s telling investors, what you should know if you are retiring soon, how inflation is impacting people, and if he likes that the Fed is going to be raising interest rates. Segment 2: Dale Rose, […]
Segment 1: Javier Palomarez, President & CEO of the United States Hispanic Business Council, joins John to explain why the U.S. Congress is considering taking back some of the money it authorized last year for a small business aid program and why that could be devastating to many small businesses in the country. Segment 2: Joan […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the concern over the volatile stock market especially for those nearing retirement age, how the Fed plans to tackle inflation, and the latest on student load forgiveness. And as always, Terry answers all of your financial questions. Segment 2: Andee Harris, the CEO […]
Ryan Griffith, clinic manager for Athletico Physical Therapy’s Lakeview East location, tells John about the best way to take care of your body as the weather gets nicer and you are more inclined to increase physical activity. Ryan talks about how business has been, how they educate their patients on best practices to prepare for becoming […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how to best grow and scale a company. Segment 2: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about how to profit off times of high inflation. Segment 3: Ryan Griffith, clinic manager for Athletico Physical Therapy’s Lakeview […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the big dip in the stock market since Friday, the latest on Elon Musk trying to acquire Twitter, interest rates continuing to rise, and the Chicago area housing market looking strong. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest […]
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, joins John to talk about the ongoing stock market volatility, what we can expect the Fed to say about interest rates, the continued worry about inflation, the possibility of a recession, and how the war in Ukraine is impacting the economy. Segment 2: Jennifer Schonberger, senior reporter, […]
Segment 1: Áine Cain, Senior Reporter for Business Insider, joins Anna to talk about a variety of stories including the price of groceries at Trader Joe’s, Delta Airlines backtracking after calling COVID an ‘ordinary seasonal virus,’ and Netflix losing subscribers for the first time in a decade. Segment 2: Greg McBride, Senior Vice President and Chief […]
Nationally syndicated financial columnist and author Terry Savage joins John for the whole hour. John and Terry about student loan news, and then Terry spends most of the hour answering listener questions.
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, Steven explains why Economists believe there is a 1 in 3 chance of a recession in 2023, and then Steven talks about why he doesn’t think we will have one. Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about a […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about last minute tax tips for tax day, Mortgage rates are at an all time high and that is causing all sorts of real estate issues, and over half of Americans are open to a job change. Segment 2: Segment 2: Chicago […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the Federal Reserve policy of accelerating interest rate increases and balance sheet runoff, if the Fed waited too long to raise interest rates, how how inflation might go, the surprise changes to IRA withdrawals that just passed the House and Senate, […]
Don Butler, Vice President of Kapital Electric, tells John about the growing electric vehicle and electric vehicle charger market, the increased interest in renewable energy, how solar power and electric vehicles go hand and hand, the government subsidies on solar energy, and some of the benefits of home EV charging stations.
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the ongoing concerns about inflation, retail sales rising in March, the weekly jobless claims also rising slightly, supply chain disruptions still causing trouble, and the S&P headed for another losing week. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to tell us everything we need to know about inflation and what it will take to stop it. Segment 2: Dan Seals, CEO, Intersect Illinois, joins John to talk about what Intersect Illinois does and their new Be in Illinois campaign which highlights the benefits of […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the importance of business leaders setting a good example for their employees. Segment 2: Scott Bauer, CEO of Prosper Trading Academy, tells John about how the markets have been reacting to the Consumer Price Index report and why he believes the market […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the recent New York Times Magazine piece on billionaires, why The Fed didn’t stop the inflation before it began as they have several times in the past, and the likelihood a recession is coming. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about why some perceive the economic recovery to be in jeopardy, the bond market suffering losses, what we can expect from the Fed, inflation fears continuing, the potential for a recession, and why he doesn’t want the Fed to overreact […]
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to talk about soaring fertilizer prices, how “The Great Resignation” is more normal than we’ve been lead to believe, and the service sector is roaring back to life in a ‘post-Omicron rebound.’ Segment 2: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with John about a […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why the markets are down today, the ongoing inflation concerns, what constitutes a recession, how devastating a recession can be to your retirement investments, and the Biden administration’s plan to pause student loan repayment until August, 31st. And as always, Terry answers all […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about their new report about what the Class of 2022 is seeking in a potential employer. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about the rise of ‘mask-shaming’ at work and what companies can do if it becomes an issue at the […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Elon Musk buying a 9% stake in Twitter, the great jobs report that come out on Friday, rising interest rates, and a new Lending Tree study showing that 46% of parents say their child used their credit or debit card without […]
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to break down the latest jobs report, the accelerating pace of inflation, and President Biden ordering the release of 1 million barrels of oil per day over the next six months from the nation’s Strategic Petroleum Reserve and how that will impact gasoline prices, […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about rising interest rates, the rising costs of goods, what the Fed is going to do about persistent inflation, the impact that Russia’s invasion of Ukraine has had on the economy, and how the market is reacting to new economic data. […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the market having a quiet day, good news on the jobs front this morning, the economy just moving along, inflation fears still hanging on, the latest on student loan forgiveness, and a couple of tax related tips that might be helpful for you this […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what new employees should do in their first month to set themselves up for success and what managers/companies can do to welcome new employees. Segment 2: Linette Lopez, Columnist, Insider, joins John to talk about the economic impact of the war in […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the possibility of a recession, mortgage rates almost hitting 5% for a 30-year fixed rate mortgage at the end of last week, how higher rates will impact those with lower credit scores, and the median list price growing by 14.2 percent […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley in Lake Forest, joins John to talk about what is moving the market today, how inflation is impacting your bank savings, and the massive pent up demand in the economy right now. Segment 2: Elaine Frei, Proprieter, Luft Balloons, talks to John about her business, how they […]
Segment 1: Damarr Brown, Executive Chef of Virtue Restaurant, talks to John about Virtue’s offerings for Chicago Restaurant Week and his appearance on the current season of Bravo’s ‘Top Chef.’ Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including Google loosening its stranglehold on Android app payments, and […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the market volatility due to the crisis in Ukraine, rising interest rates, inflation, the potential for more coronavirus, etc. Also joining John and Terry is money manager Dr. Bob Froehlich, who talks about the importance of your investments being diversified, using asset allocation to […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about Meta cutting back on some of Facebook’s perks and what that means for employees. Is this a company issue or an employee issue? Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John why 2022 could be the year of “The Great Job Scammers.” […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the difficulty some people in relationships have discussing money and finances, mortgage interest rates topping 4%, Redfin reporting that “Asking Rents” (The amount landlords advertise) is up 15% nationally, Fed Chairman Jerome Powell saying inflation is too high, and Gen Z […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about why President Biden is frustrated that the strong economy is being met with such negativity by the public. Reasons for the negativity are inflation, and more importantly, high gas prices. Michael also talks about stimulus money being used for stock market […]
Segment 1: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with John about the Federal Reserve raising interest rates and what that will mean for inflation and the U.S. economy moving forward. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including Netflix finally taking baby steps into a password-sharing […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to discuss a her recent investing column that explains why you don’t need to beat the market to succeed at investing. You just need to ‘be’ the market. Terry also talks about what we can expect from the Fed announcement today. And as always, Terry answers all […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how the March Madness tournament can actually increase office productivity. Semgent 2: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the stock market being up today, how the economy is actually booming, interest in vacation homes starting […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about continued market volatility and rising oil prices, what we can expect from the Fed meeting this week, and how long can we expect inflation to be a concern. Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley in Lake Forest, joins John to talk about how the U.S. economy is doing overall, the jump on oil prices, how we should be feeling about inflation, the impact of the crisis in Ukraine is having on the markets, why “Zombie Stocks” are crashing, […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about inflation rising in February, energy prices still going up, and how the market is reacting to the new inflation data. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including what we learned from Apple’s event […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the continued stock market volatility, how the Russian invasion of Ukraine is impacting the world economy, and of course, rising gas prices. And as always, Terry answers all of your financial questions. Segment 2: James Winning, Director of Sales and Marketing, Pendry Hotel […]
Segment 1: John Quelch, Dean of Miami Herbert Business School, University of Miami, joins John to talk about the volatility in the energy sector amid the Russian invasion of Ukraine, how high we will see inflation rise, and will we see gas hit $6 a gallon. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about oil prices continuing to rise, mortgage interest rates dropping because of the volatility, and hedge fund manager Bill Ackman warning that World War III has “likely started already.” Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to tell us about the extremely strong February labor report, the continued concern over rising inflation, and the economic uncertainty amid the crisis in Ukraine. Segment 2: Chef Joe Flamm tells John about his terrific new(ish) restaurant Rose Mary and his participation this weekend at […]
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about the cost of isolating Russia amid their invasion of Ukraine. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including Russia’s Ukraine invasion raising the risks of a global “splinternet,” and President Biden touching on tech in the […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about oil prices rising, gas prices soaring, when we will see interest rates go up, and the continued volatility of the stock market. Terry also answers all of your financial questions. Segment 2: Dave Irwin, Founder and CEO, Polaris I/O, joins John to talk […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the start of “Invest in Veterans Week,” and tips for hiring veterans and how companies can support them when in the workforce. Segment 2: WGN Business Reporter Steve Alexander gives John and update on the markets, the status of the U.S economy, and […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the volatility in the stock market in response to the crisis in Ukraine, Chicago being the 8th most active real estate market of the last decade, and Airbnb offering free, temporary housing for up to 100,000 refugees fleeing Ukraine. Segment 2: Chicago […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about how the market has acted historically when there has been an invasion, what we should know about rising interest rates and inflation, Ukraine’s resources that Vladimir Putin has his eye on, and how the market is stumbling due to the crisis […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about what has changed with regards to Zelle and 1099K and how the stock market is reacting to the Russia-Ukraine crisis. And as always, Terry answers all of your financial question. Segment 2: Jay Owen, Co-Founder and Chairman of Dom’s Kitchen & Market, joins […]
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to talk about how the markets are reacting to the Russia-Ukraine crisis. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about some “Careless Conduct Scene Investigations.” With so many employees returning to in-person work, some have not successfully adjusted to (or embraced) fundamental […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what you should know if you have recently been laid off, if it is smart to embellish your resume when you are looking for a job, and why now is a great time to ask for a raise or promotion. Segment 2: Chicago […]
Segment 1: Brian Battle, Director, Performance Trust Capital Partners, joins John to talk about the impact of the Russia-Ukraine crisis on the markets, St. Louis Federal Reserve President James Bullard saying inflation could “get out of control,” the importance of thinking long-term as an investor, and what sectors you should be looking at for your next investment. […]
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to talk about where the most Americans quit their jobs in December, and when we might see inflation cool down. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including Ukraine banks and military websites suffering the country’s largest ever cyberattack, Facebook […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the markets reacting to the crisis in Ukraine, retail sales jumping in January, the IRS is taking a closer look at your cash app transactions, and what you should know about creating an IRS account. And as always, Terry answers all of your […]
Dr. Lyn Hughes, Founder, National A. Philip Randolph Pullman Porter Museum / Pullman National Monument, talks to John what we should know about the museum, the importance of celebrating the contributions made by African-Americans to America’s labor movement, their upcoming expansion, and Pullman Porter Museum’s 27th Founding Anniversary and The A. Philip Randolph “Gentle Warrior […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the rise of people quitting their jobs on Tik Tok (aka Quit Tok). Would you hire a person that previously quit a job on social media? Segment 2: Dr. Lyn Hughes, Founder, National A. Philip Randolph Pullman Porter Museum / Pullman National […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the stock market being down in 2022, what is causing the market fluctuation this week, the continuing strength of the real estate market, how inflation is impacting the real estate market, and the top 10 states with the highest marriage […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the bad news regarding inflation, what high inflation means to the average American, some studies that show that student loan forgiveness wouldn’t help reduce the wealth gap, what forgiving student loan debt would mean for the economy, and Segment 2: Mark Rickmeier, […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about inflation coming in a little higher than expected, how concerned we should be about inflation and the rotation into the re-opening stocks gaining momentum. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about how we are only about 700 points away from Dow all-time highs, and a quick note about how you can create an account at IRS.gov for your tax refund. And as always, Terry answers all of your financial questions. Segment 2: Katherine Duncan, […]
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins guest host Anna Davlantes to talk about UBS Global Wealth Management’s quarterly sentiment survey which shows that soaring prices, inflation and the volatile stock market are the most important issues to investors. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells Anna about a new […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about what we can learn from the January jobs report, the amount of new businesses that were started in 2021, inflation still running at a 40-year high, and how Valentine’s Day spending is up 44% compared to last year. Segment 2: Chicago Inno‘s […]
Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John to tell us the key takeaways from the terrific January labor report. Segment 2: Perri Irmer, President & CEO, the DuSable Museum of African American History, tells John about some of the terrific exhibits now on display at the museum and the upcoming Equiano.Stories […]
Mortgage and real estate expert David Hochberg joins John Williams to talk about the importance of building up your emergency fund and paying off your credit card debt. David also previews his upcoming Vest-a-Thon show, during which he is trying to raise enough money to buy 400 new vests for Chicago Police officers and send a […]
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down the weekly jobless claims, and to preview tomorrow’s labor report for January. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including Facebook’s grim day on Wall Street, Spotify’s string of bad headlines continuing, NASA […]
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, joins John to talk about the down month for the market in January, the markets finding their footing so far in February, why the Fed believing “transitory” inflation was a swing and a miss, the impact supply chain has had on the economy, what we can expect […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the value of unpaid internships, and how transparent you should be with your current employer when you are searching for a job. Segment 2: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the market performance today, the rough […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about how the stock market is ending January, how successfully the market has performed over the past 40 years, what to know about taxes on Cash apps, and A new survey by MagnifyMoney.com says that banks collected $114 billion more in fees than they […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins guest host Jon Hansen to talk about the impact of supply chain on inflation, why he is not worried about inflation long-term, why we are seeing so much volatility in the stock market right now, and what you need to know about […]
Segment 1: WGN Business reporter Steve Alexander gives us a brief market update and the top business headlines of the day. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including people that are bent on spoiling the daily game phenom Wordle, Google being sued over location data, Neil Young […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the continued volatility in the stock market and why things have been so up and down recently. Also joining John and Terry is money manager Dr. Bob Froehlich, who predicted that the Dow will be over 40,000 by the end of 2021. Dr. Bob […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about why Intel made the decision to invest in Ohio rather than Chicago. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about why some CEO’s are leaving their positions for careers that are less stressful. Segment 3: Tom Fortino, Founder and Principal, Alpha Wealth […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the stock market dropping today and what it might mean to your investments, the cryptcurrency market having some trouble, and a partnership between Allstate and John Hancock that will reward safe drivers with cheaper life insurance. Segment 2: Chicago Inno‘s Senior Editor Jim […]
Segment 1: Jared Dillian, Best selling financial author and host of the “Be Smart: How Not to Be an Idiot with your Money podcast, joins John to talk about some important tips for saving for retirement, the importance for paying off your debt, and the value of a college education. Segment 2: Dr. Amar Pattani, […]
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the high inflation we are seeing, where we are seeing higher prices, the jump in weekly jobless claims, and the likelihood we see oil at $100 a barrel in the near future. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the volatility in the stock market, the Navient student loan settlement, gold being up today, and inflation still rearing its ugly head. Terry also answers all of your financial questions. Segment 2: John Sewter, of Chicago Pet Transport, tells John about their business, […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about how you should evaluate a job offer and what can and should be negotiated. Segment 2: Emma Cosgrove, Senior Retail Reporter on Insider’s Transportation Team, tells John about DoorDash’s latest push for delivery dominance, and how small retailers are craving Amazon and […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the world’s richest 10 men doubling their fortunes during the pandemic, and why the gap in in credit access is growing along racial lines. Ilyce also talks about her Money & Credit and her Home Seller Resolutions for 2022. Segment 2: […]
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about the volatile stock market this week, the rotation that is happening right now, retail sales dropping in December, supply chain constraints continuing, his thoughts on when we might see inflation come down, and why he believes the economy is […]
Segment 1: John Bever, Financial Advisor, Phase 3 Advisory Services, joins John to talk about the current state of the labor market, how wages aren’t keeping up with inflation, why he believes the Fed is between a rock and hard place, and where he believes the markets will go in 2022. Segment 2: Laura Huatala, […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the consumer price index rising 7% in December from a year earlier, and what you should be doing with your money due to soaring inflation. Also joining the conversation is Eric Smith, spokesperson for the IRS, who tells us what you need to […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the Bears search for a new coach and GM and what the team should look for when hiring talent. Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John why small companies should watch out for big ticket lawsuits in 2022. Segment 3: Natalie […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the stock market being down, how the pandemic has been impacting the economy throughout the first week of the year, Goldman Sachs saying the Federal Reserve might have to raise interest rates 4 times in 2022, the housing market continuing to […]
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the health of the current labor market, the December jobs report, and the historically low interest rates we are seeing. Segment 2: Rob Fink, CEO and co-founder of Big Drop Brewing, tells John about their non-alcoholic beer, what separates their […]
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, joins John to look back at the markets in 2021 and what we could look forward in 2022. Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including CES kicking off in Las Vegas, TikTok looking to expand to your gym, Instagram’s […]
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about why now is the time to start thinking about filing your 2021 income taxes. Terry also answers all of your financial questions. Segment 2: Abigail Ingram, Director of the Women in Entrepreneurship Institute at DePaul University, talks to John about what the institute […]
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about why you should make resolutions about your career all year long rather than just for New Year’s. Segment 2: Chris Petrone, Assistant General Manager at Cultivate by Forbidden Root, tells John about the new restaurant that recently opened in Ravenswood, some of […]
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how the market continues to remain strong, the median home sale price rising 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26th, and the new Holiday Debt Report from LendingTree found that […]
Segment 1: Junior Economic Policy Reporter, Jason Lalljee, talks to John about the increase in price in the heating market. Segment 2: CNET Editor at Large, Ian Sherr, joins John to discuss why people are leaving their jobs and why businesses are dropping out of the Consumer Electronics Show. Segment 3: Economist, Futurist, and workforce […]
Segments 1-4: Terry Savage joins John Williams as they discuss RMDs (Required Minimum Distributions), social security, and taxes on charitable donations. They also answer listeners’ questions.
Segment 1-2: Founder and Principal at the Alpha Wealth Group, Tom Fortino, speaks on lowering your tax bill as well as saving for retirement and investment strategies to use in the new year.
Segment 3-4: Rich Lenkov, attorney at Bryce Downey and Lenkov and co-host of Legal Face-Off, discuss the top 10 legal stories of 2021.
https://serve.castfire.com/audio/3907925/3907925_2021-12-28-193225.64kmono.mp3
Segments 1 and 2: Ilyce Glink, filling in for John Williams, talks about New Year’s resolutions about buying a home and recent real-estate trends.
Segment 3: Jim Dallke, Senior Editor at Chicago Info, joins Ilyce Glink, filling in for John Williams, in talking about new start-up companies and their latest deals.
Segment 4: WGN Radio Reporter, Amy Guth, joins Ilyce Glink, filling in for John Williams, talk about recent flight cancelations and how travel is changing during the holidays.
https://serve.castfire.com/audio/3907702/3907702_2021-12-27-234902.64kmono.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about a variety of topics, such as student loans, home equity loans, and early retirement. They also discuss why you should wait to use your social security funds.
https://serve.castfire.com/audio/3906880/3906880_2021-12-22-232720.64kmono.mp3
Segment 1 and 2: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about omicron and it’s impact on the labor shortage.
Segment 3: Haven Allen, the CEO of mHub, joins John Williams to talk about how his company helps people build their business and more. You can find more information at mhubchicago.com.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories
https://serve.castfire.com/audio/3906414/3906414_2021-12-21-190614.64kmono.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the stock market taking a beating due to Omicron nerves, serious travel restrictions being considered and might cause you to change your plans last minute, and how it looks like Build Back Better won’t be building anything and will impact GDP.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about some startups to watch for in 2022 that are interesting up-and-coming firms poised for big things and the latest in startup innovation including Rheaply, a Chicago startup that specializes in recycling and sourcing unused items, was part of 30 companies receiving up to $100,000 in Phase I funding from the EPA, with the opportunity for another $400,000 in Phase II and OjaExpress, which started out as a delivery service for African and Caribbean groceries and has since expanded over the years, offering shoppers Indian, Middle Eastern, Asian, Hispanic and European food items from independent, neighborhood stores.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including a recall of Pantene and Herbal Essences products recalled due to cancer-causing substance and how AirBNB tightens anti-party rules as NYE approaches.
https://serve.castfire.com/audio/3906213/3906213_2021-12-21-120613.64kmono.mp3
Ed Wehmer, the CEO and President of Wintrust Bank, joins John to announce the incredible donation that he and Wintrust are giving to support Pastor Corey Brooks and his effort to combat violence in his community. Ed and Wintrust are putting up a matching grant of $125,000 and if they can get the match between now and the end of the year, they will do it again!
https://serve.castfire.com/audio/3905538/3905538_2021-12-17-200138.128.mp3
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, joins John to talk about the volatility in the stock market, and if he believes it’s time to finally get rid of the word, “transitory” when it comes to inflation.
Segment 2: Ted Rossman, Senior Industry Analyst, Creditcards.com, tells John about the retail sales figures for November, why he is not too concerned that retail sales slowed a bit, and how the rise in the omicron variant is impacting retail sales for the holiday season. Ted also talks about a new survey that shows 44% of people who extended financial assistance to friends and family suffered consequences.
Segment 3: The CEO and President of Wintrust Bank, Ed Wehmer, joins John to talk about how the banking business is going, what is driving their success, and the incredible thing he and Wintrust are doing to support Pastor Corey Brooks and his effort to combat violence in his community.
Segment 4: Maureen Schulman and Marc Schulman, president of Eli’s Cheesecake, joins John to talk about the Eli’s Cheesecake Cookbook, which would make a great gift for the holiday season! And if you want to order an Eli’s Cheesecake for Christmas you can order here.
https://serve.castfire.com/audio/3905511/3905511_2021-12-17-190111.128.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the weekly jobless claims returning to pre-pandemic levels, the comments from Fed Chairman Jerome Powell about interest rates and inflation, and how to market is reacting to the Fed announcement.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including how an episode of “And Just Like That” impacted Peloton stock, YouTube TV possibly losing streams of ESPN, ABC and other Disney networks late Friday, and why “Spider-Man: No Way Home” won’t be available for streaming.
Segment 3: Jessica Leno, Digital Marketing Manager, Peninsula Hotel, talks to John about how the hotel has transformed into a festive wonderland this holiday season and why you should plan a visit!
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Reddit filing for an IPO, Kraft paying people to NOT make cheesecake for Christmas, a court ruling that McDonald’s ousted CEO must return severance package, and Bruce Springsteen reportedly selling his music catalog.
https://serve.castfire.com/audio/3905105/3905105_2021-12-16-202705.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about student loan forbearance ending and how you should prepare for 2022. And as always, Terry answers all of your financial questions.
Segment 2: Tim Nagle, General Manager of Five Iron Golf in River North, tells John about what Five Iron Golf offers, the technology they use to simulate golf courses around the country, and their new location in the Loop at Block 37.
https://serve.castfire.com/audio/3904736/3904736_2021-12-15-234136.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what companies are doing to encourage workers to come back to the office.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about the impact of December downsizing and the overall prudence of announcing lay-offs to your team during the holidays.
Segment 3: Andrew Chao, owner, Somethin’ Sweet Donuts, and Benji Corpuz, Economic Development Organizer, North River Commission, join John to talk about all the great things that are happening this holiday season in Albany Park, a wonderful Chicago neighborhood on the northwest side of the city.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Deere planning to hire 300 tech workers in Chicago, United buying zero emissions hydrogen engines, and retailer Walgreens getting into financial services space.
https://serve.castfire.com/audio/3904295/3904295_2021-12-14-221535.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the stock market giving back some of last week’s gains, the ongoing inflation fears that are impacting the economy, and some of the big takeaways from the National Association of Real Estate Editors Conference.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Vivid Seats buying a fantasy sports app in a $40M deal, a Chicago startup that’s the “Airbnb for tailgating” sponsoring a college football bowl game, and a Chicago startup creating alternative seafood in a lab, with its mushroom-based popcorn shrimp and calamari hitting shelves in 2022.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Elon Musk being named Time’s Person of the Year, Amazon warehouse collapse putting a spotlight on phone bans and safety protocols in the warehouse.
https://serve.castfire.com/audio/3903809/3903809_2021-12-13-223609.128.mp3
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about inflation surging in November, how the market is reacting to the inflation news, and how you can protect your investments from inflation.
Segment 2: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about the latest news coming out of the auto industry and how automakers are committed to EV manufacturing.
Segment 3: Alex Groesbeck, President, Fooda, tells John about the business and how they partner with local restaurants to offer lunch service in office buildings.
https://serve.castfire.com/audio/3903349/3903349_2021-12-10-225849.128.mp3
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the weekly jobless claims dropping to a 52-year low, and the ongoing struggle for some businesses to find employees.
Segment 2: Roger Cheng, Executive Editor / Head of News, CNET, chats with John about a variety of tech stories including CNET naming its best products of 2021, Instagram chief testifying before Congress for the first time, and Google reportedly giving a one-time cash bonus to all of its employees.
Segment 3: Felecia Stevenson, Jackson Hewitt Franchisee, tells John about some year-end tax tips that you should know about.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including American Airlines cutting its international schedule due to Boeing delays, British Airways suing O’Hare over alleged negligence, and McDonald’s launching low-cost loans to try and diversify franchisees.
https://serve.castfire.com/audio/3902954/3902954_2021-12-09-223354.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about job openings jumping in the latest JOLTS report and how the stock market has been rebounding to the latest news about the omicron variant. Terry also answers all of your financial questions.
Segment 2: Orphe Divounguy, Chief Economist, Illinois Policy Institute, tells John about a new study that shows small business ownership on the rise and black and women small business owners starting companies at the fastest rates.
Segment 3: Maureen Martino, Executive Director of Lakeview East Chamber of Commerce, talks to John about the return of Wrigleyville Wonderland featuring 19 businesses transforming into holiday pop-up bars.
https://serve.castfire.com/audio/3902699/3902699_2021-12-08-221639.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about a LaSalle Network survey that collected some data on 2022 hiring trends.
Segment 2: Nick Lichtenberg, Deputy Editor of Economy, Business Insider, tells John about some indicators that hint the supply chain crisis is over and inflation is cooling off.
Segment 3: Erin Tortora, Co-Founder & Director of Resources, WhatsGood, talks to John about the grand opening of their new farm shop in Lincoln Park. Erin tells John about how WhatsGood started, who they service, where they obtain their goods, and their effort to bring locally sourced food to their customers.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Instagram rolling out a “Take a Break” feature, Toyota joining the race to build EV batteries in the U.S., and American Airlines CEO Doug Parker announcing his retirement.
https://serve.castfire.com/audio/3902281/3902281_2021-12-07-223721.128.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about how the market is reacting to the latest news on the omicron variant, his reaction to Friday’s labor report, a report from the Boston Fed on spending during the pandemic, and what we learned from housing interventions during COVID.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Airbnb letting you rent the Home Alone house, Tesla and Chicago’s Radio Flyer creating a Cybertruck for kids, and a local Shark Tank startup being acquired.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including how the airline industry is reacting to the rise in the omicron variant, and DoorDash testing a new 15-minute delivery service in New York.
https://serve.castfire.com/audio/3901882/3901882_2021-12-06-222122.128.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down the November Jobs Report and to talk about how supply chain disruptions are impacting inflation.
Segment 2: Jon Abt, Co-President of Glenview-based Abt Electronics, tells John how supply chain issues are affecting product availability, how they have managed through the pandemic, the challenge of finding quality employees, the hot trends in electronics, the uptick in online business and if there are plans of expansion in the future.
Segment 3: Judy Velez, Director Of Food And Beverage, Hotel Zachary, joins John to talk about all the exciting events and activities the hotel has planned this holiday season.
https://serve.castfire.com/audio/3901349/3901349_2021-12-03-220349.128.mp3
Segment 1: Steve Baird, President and CEO, Baird & Warner, tells John about how the real estate market has been doing the last few months, what we can expect for the market in 2022 with an expected rise in interest rates, and how low inventory is impacting the market.
Segment 2: Joan E. Solsman, Senior Reporter, CNET, chats with John about a variety of tech stories including Democrat lawmakers introducing a bill aimed at bots that snatch up online goods, Twitter toughening some of their privacy rules, and Spotify releasing its Wrapped year-end recaps and revealing the top-streamed stuff of 2021.
Segment 3: Michael Drew, Founding Principal, Structured Development, talks to John about how modular homes could be the answer to Chicago’s shortage of affordable housing.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including new debt collection rules allowing collectors to make contact on email, social media and text and the shopping data from Cyber Monday and Giving Tuesday.
https://serve.castfire.com/audio/3900927/3900927_2021-12-02-221527.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about how the stock market is reacting to news of the omicron variant, Fed Chairman Jerome Powell comments on the central bank’s taper timeline, and the top financial gifts for adults. And as always, Terry answers all of your financial questions.
Segment 2: Kimberly Bares, President and CEO of the Magnificent Mile Association, tells John about all the holiday offerings available when you visit the Mag Mile in Chicago.
https://serve.castfire.com/audio/3900514/3900514_2021-12-01-224914.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the city of Nashville putting on the full court press to lure Chicago tech workers down south. What will it take for Chicago to keep talent in the city?
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about how companies are preparing for the return of the holiday party after taking a year off due to COVID. What can managers and business owners do to keep their parties respectfully safe and out of the local headlines?
Segment 3: Katie Walsh, Senior Manager, Marketing, Fashion Outlets of Chicago, tells John about the Midwest’s only two-level indoor shopping experience in Rosemont, some of the new stores at the mall, how their holiday shopping season is going, their discount program and Holiday Cheer Awards program, and what you need to know if you want to schedule a visit with Santa.
Segment 4: Ruth-Anne Renaud, Vice President, Marketing & Communication, Ronald McDonald House Charities Chicagoland & Northwest Indiana, talks about the work that Ronald McDonald House does, how the organization takes care of families, and their special Giving Tuesday match program.
https://serve.castfire.com/audio/3900081/3900081_2021-11-30-224321.128.mp3
Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about how the market is reacting to the news about the Omicron variant.
Segment 2: Sarah Foster, Federal Reserve and economy reporter, Bankrate, tells John about a new survey that shows many people are still anxious over their finances amid the pandemic and offers some tips to help ease some of your financial worries.
Segment 3: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Chicago Inno’s Holiday Gift Guide
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Twitter Founder and longtime CEO Jack Dorsey stepping down, what we learned from Black Friday shopping data, and Rivian reportedly warning customers of 4-6 month delivery delays.
https://serve.castfire.com/audio/3899671/3899671_2021-11-29-225911.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about some ideas for holiday gifts for children and what you should know about long-term care insurance. And as always, Terry answers all of your financial questions
Segment 2: Mike Marr, owner & brewmeister, Buffalo Creek Brewing, tells John about their Alpine Biergarten, which is opening this Friday and a couple of new brews they are offering for the season.
Segment 3: Maren Biester Priebe, CEO & General Manager, German American Events, talks to John about the return of one of Chicago’s great holiday traditions, The Christkindlmarket in Daley Plaza and in Gallagher Way outside of Wrigley Field.
https://serve.castfire.com/audio/3898884/3898884_2021-11-24-222624.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about jobs coming back to the city of Chicago, and how Chicago can still attract top talent.
Segment 2: Andrew Sobko, CEO, CDL 1000, talks to John about what their company does, and how they have been able to deal with supply chain constraints to successfully service their customers.
Segment 3: Stephanie Foster, Lincoln Park Zoo‘s Director of Marketing & Events, tells John about what we should know about the 2021 edition of the highly popular ZooLights.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Tiffany unveiling the most expensive piece of jewelry ever, supply chain issues hitting canned cranberries ahead of Thanksgiving, and McDonald’s being urged to conduct civil rights audit of its operations.
https://serve.castfire.com/audio/3898488/3898488_2021-11-23-221128.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about President Powell picking Jerome Powell to lead the Fed for a second term, why unemployment in Nebraska sits at 1.9%, gas prices soaring ahead of Thanksgiving, and Fannie and Freddie now backing home loans up to nearly $1 million in high-cost areas.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including a husband and wife duo bringing West African flavors to the frozen food aisle, a Chicago-based public speaking app getting love some Apple, and a Chicago startup that makes a kibble dispenser for dogs blowing up on TikTok.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Target announcing that will keep stores closed on Thanksgiving for good, Jeff Bezos giving $100 million to the Obama Foundation, and Uber Eats allowing cannabis orders for delivery in Ontario.
https://serve.castfire.com/audio/3898081/3898081_2021-11-22-220321.128.mp3
Rike Erdbrink, General Manager of the Park Hyatt Chicago, talks to John about the fun and festive holiday events that are happening this weekend in Chicago, their upcoming $60 million renovation, the offerings at NoMi Kitchen, and what attractions you can take advantage of if you book a ‘staycation’ at the Park Hyatt Chicago for the holidays.
https://serve.castfire.com/audio/3897563/3897563_2021-11-19-225903.128.mp3
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, joins John to talk about the weekly jobless claims, how the stock market has been performing this week, how people are feeling about inflation, and why retail sales are jumping in advance of Christmas.
Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including two new studies from Pew Research Center about Twitter usage, how you need to prepare to make the most out of Black Friday, and how to keep your purchases safe from porch pirates.
Segment 3: Jen Howard, President, Joliet Chamber of Commerce, tells John about the tight and supportive business community in Joliet, how the town managed through the pandemic, the downtown revitalization, the newly formed Joliet Region Food & Beverage Association and all the festive holiday offerings Joliet has to offer this season.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Ford Motor Co. talking with a computer chip maker to assist with its semiconductor supplies as it tries to avoid more factory shutdowns, Starbucks and Amazon Go opening a store in New York, and both CVS and Macy’s closing stores.
https://serve.castfire.com/audio/3897159/3897159_2021-11-18-223959.128.mp3
Michael Fassnacht, Chief Marketing Officer for the City of Chicago and the CEO & President of World Business Chicago, joins John to talk about the Unwrap Chicago’s Holiday Magic campaign, all of the festive events that will be happening in Chicago this holiday season, and his work trying to attract businesses to Chicago.
https://serve.castfire.com/audio/3896747/3896747_2021-11-17-223847.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about how inflation is impacting Series I savings bonds and why now might be a good time to buy. And as always, Terry answers all of your financial questions.
Segment 2: Michael Fassnacht, Chief Marketing Officer for the City of Chicago and the CEO & President of World Business Chicago, joins John to talk about all the great events that will be happening in Chicago this holiday season and his work trying to attract businesses to Chicago.
https://serve.castfire.com/audio/3896744/3896744_2021-11-17-220144.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the importance of showing appreciation to your employees.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about how some companies are having to keep ‘dud’ employees due to hiring and retention pains. How should businesses navigate this problem?
Segment 3: Michael Edwards, President & CEO, Chicago Loop Alliance, tells John about some great things that are happening in Chicago this holiday season. Find all the great holiday events here.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including retail sales rising faster than expected in October, inflation pushing prices higher, Rivian becoming the third most valuable car maker in the world, Foxtrot opening a new store at Tribune Tower, and Stellantis announcing they will lay off about 400 workers at Jeep Cherokee plant in Illinois.
https://serve.castfire.com/audio/3896172/3896172_2021-11-16-222312.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new survey from Lending Tree that shows a record percentage of Americans plan to host for the upcoming holidays, the Kaiser Family Foundation saying that the average cost of family healthcare plans will rise 4%, and how the Biden infrastructure bill will impact the economy.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Chicago smart oven Tovala being named to Oprah’s Favorite Things list for 2021, a cannabis tech firm that helps weed companies, and firms like Uber, advertise to cannabis consumers, raising $40 million in funding, and a local startup that helps brands make 3D product configurations on their website raising $35 million.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including a big jump in people planning to travel over the Thanksgiving holiday, Congress mandating anti-DUI technology, Boeing “encouraged” that China may soon clear the 737 Max to fly, and Johnson & Johnson announcing they are splitting into two companies.
https://serve.castfire.com/audio/3895204/3895204_2021-11-15-235204.128.mp3
Segment 1: Preston Caldwell, Head of Economics, Morningstar Equity Research, joins John to talk about the supply chain constraints and how it is impacting inflation. Preston believes it might not be until 2023 that we see the supply chain come back to pre-pandemic levels.
Segment 2: Julie Bauke, Founder and Chief Career Strategist, The Bauke Group, tells John if she thinks that people should scrub political activism from their resume when looking for a new job.
Segment 3: Greg Ingles, Founder and Owner, Food2You Catering, talks to John about how the company managed through the pandemic, who they serve, the type of food they produce, how the business runs, and the importance of treating your employees well.
Segment 4: Ben Winck, markets and economy reporter, Business Insider, joins John to talk about today’s JOLTS report that shows US job openings dipped in September and a record 4.4 million Americans quit.
https://serve.castfire.com/audio/3894550/3894550_2021-11-12-220250.128.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about how inflation is impacting consumers, if he expects rising prices to last, and what investors need to know about where to put their money.
Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including Tim Cook owning cryptocurrencies and why Apple won’t take them as payment for products yet, Apple beta testing an iMessage feature that warns kids about nude imagery, the debate over photos in the Kyle Rittenhouse trial, and Amazon selling 12-pound turkeys for $12, and YouTube hoping to become a shopping destination this holiday season.
Segment 3: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about the future of Bitcoin investing.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Apple launching legacy contacts to share data after death, Subaru entering the EV game, Boeing accepting liability for Ethiopian Air crash, and Facebook parent company Meta saying it will remove the ability to target ads based on categories like race, ethnicity, religion, or sexual orientation.
https://serve.castfire.com/audio/3894153/3894153_2021-11-11-222453.128.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about EV startup Rivian making its market debut and inflation hitting its highest point in more than 30 years. And as always, Terry answers all of your financial questions.
https://serve.castfire.com/audio/3893747/3893747_2021-11-10-220647.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the importance of making sure that our veterans are taken care of when it comes to finding employment after their service to our country ends.
Segment 2: Ted Rossman, Senior Industry Analyst, Creditcards.com, tells John about a new poll that shows that many Americans saying they will decrease their holiday spending in 2021.
Segment 3: John Quelch, Dean of Miami Herbert Business School, University of Miami, joins John to talk about how supply chain constraints are still impacting the economy and how that will impact inflation in the future.
Segment 4: : WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including a widespread Comcast Xfinity service outage across the U.S., Robinhood getting hit by a data breach, and Peloton unveiling a strength training program that connects to your TV.
https://serve.castfire.com/audio/3893321/3893321_2021-11-09-221821.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about Elon Musk posting a Twitter poll asking if should sell 10% of his Tesla stock, what’s included in the Biden administration’s infrastructure bill, and why one market expert expects it to be a great Christmas season.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including a Chicago startup that is giving employees access to a camper van, where they can work anywhere in the country, a Catholic prayer app called Hallow raising $40 million, and a Chicago startup making zero-alcohol spirits expanding to every Whole Foods in the U.S.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including the U.S. reopening borders to vaccinated international travelers and PepsiCo buying electric delivery trucks from Tesla.
https://serve.castfire.com/audio/3892910/3892910_2021-11-08-225510.128.mp3
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about the better than expected October jobs report, Pfizer saying its COVID-19 pill cuts the risk of hospitalization or death by 89% and what that will mean for the economy, and if he thinks rising inflation is here to stay.
Segment 2: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about how supply chain issues are impacting the housing industry, and the record amount of high-end homes that have been selling this year.
Segment 3: Kelly Bennett, Director of Marketing, Boerman Moving and Storage, tells John about how the business of moving has been over the last couple of years.
https://serve.castfire.com/audio/3892367/3892367_2021-11-05-214707.128.mp3
Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to tell us about the good news on the weekly jobless claims, the supply constraints that are still impacting the economy, and what we can take from yesterday’s Fed announcement that they will begin tapering.
Segment 2: Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including Uber announcing they will now deliver you diapers, wipes and other baby essentials, Airbnb cracking down on New Year’s Eve parties, Apple and Nintendo struggling with supply chain issues, and ‘Squid Game’ cryptocurrency scamming $2 million after creators vanish.
Segment 3: Trae Bodge, Lifestyle and Smart Shopping Expert, joins John to offer some tips and helpful suggestions for holiday shopping amid labor shortages and supply chain snarls.
Segment 4: Mark Kwiatkowski, Owner, Replay Lincoln Park, tells John about their newest pop-up installment, Squid Arcade, inspired by the hugely popular Netflix show, ‘Squid Game.’ Mark also announces what their next pop-up will be when the ‘Squid Game’ pop-up ends.
https://serve.castfire.com/audio/3891982/3891982_2021-11-04-212322.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about what she expects from the Fed policy announcement. And as always, Terry answers all of your financial questions.
Segment 2: Karen Cardarelli, Executive Director of FACETS, tells John everything we need to know about the 38th Annual Chicago International Children’s Film Festival.
Segment 3: Belinda O’Kelly, Founding Principal, O’Kelly Kasprak Architecture and Design, talks to John about hotel trends as we come out of the pandemic.
https://serve.castfire.com/audio/3891585/3891585_2021-11-03-211725.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about the President Biden administration siding with unions and U.S. automakers for electric vehicle tax credits.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John how some companies that are struggling with hiring employees are looking to robot technology to fill the void and ways to avoid the problems that could pop up with human-A.I. interaction.
Segment 3: Hugh Odom, Founder and President of Vertical Consultants, talks to John about what needs to be done to build out 5G infrastructure and how it impacts businesses, agriculture, and our markets.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including the latest news on the Hertz-Tesla deal, EV maker Rivian seeking up to $8.37 billion in IPO, and Jeff Bezos pledging $2 billion to protect the environment.
https://serve.castfire.com/audio/3891187/3891187_2021-11-02-213227.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about investing in index mutual funds beating managed mutual funds, Urban Land Institute releasing its Fall 2021 forecast that predicts interest rates will rise, and how ‘The Great Resignation’ will have a lasting effect on the job market.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Mike Tyson launching a new cannabis brand, and the Winklevoss twins investing in $100 millionChicago NFT fund.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including American Airlines staffing shortages continuing to disrupt travel, and Peloton offering stretching and meditation classes on Delta flights.
https://serve.castfire.com/audio/3890782/3890782_2021-11-01-212922.128.mp3
EL Bandido Yankee launch event on red carpet with Jim Bob Morris, Nick Lowery, Bonner Bolton and EBY Team El Bandido Yankee Tequila co-founders Chris Chelios and Jim Bob Morris join WGN Radio’s John Williams on the Wintrust Business Lunch. Hear as John learns about the inspiration and origins of the business and the journey from an idea to shelves on stores in the city. Listen as Jim Bob and Chris share the excitement of the Chicago launch event and how great it was to celebrate with the friends, fans, the band St. Lucia and business partners like Breakthrough that make it all possible. Jim Bob fills us in on the design and inspiration for logo, groundbreaking female distiller, connection to the region where its made and the EL Bandido Yankee slogan “So Smooth it’s Criminal”. Hear as John and Chris talk about favorite ways to enjoy the tequilas as well as where you can buy and how to ask your local store, bar or restaurant to bring it in and “Break Out The Bandido”. For more information on the founders, spirits, process and more be sure to check out www.elbandidoyankee.com
https://serve.castfire.com/audio/3890444/3890444_2021-10-31-141144.64kmono.mp3
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins John to talk about how worried we should be about inflation, and what he thinks about the current labor issues and supply constraints and if he believes it will work itself out in the near future.
Segment 2: Chris Chelios and Jim Bob Morris, co-founders of El Bandido Yankee Tequila, tell John about the launch of their new tequila brand, how they came up with the concept, how they set out to make a tequila lover’s tequila, the challenge of starting a company amid a pandemic, where you can find El Bandido Yankee Tequila, and what separates their tequila from other brands.
Segment 3: Sharene Shariatzadeh, President & CEO of LUMA8 and the co-founder of the Arts in the Dark Halloween Parade, talks to John about this weekend’s Halloween parade on State Street.
https://serve.castfire.com/audio/3890290/3890290_2021-10-29-214730.128.mp3
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to talk about the weekly jobless claims hitting another pandemic low and what it means for the economy moving forward.
Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including Snap, TikTok, and YouTube being grilled by Congress, Macy’s and other retailers previewing Black Friday deals, Dune becoming Warner Bros. biggest opening of the pandemic, prices going up for Tesla vehicles, and what you need to know if you want to read The Facebook Papers.
Segment 3: Rebecca Ryan, Economist and Futurist, tells John about how the workplace will change in a post-pandemic world.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including McDonald’s offering a McRib NFT, a New York woman is suing Kellogg’s because she says strawberry pop-tarts don’t contain enough strawberries, the latest on the global chip shortage, and Google releasing tools to help minors delete their photos from a search.
https://serve.castfire.com/audio/3889865/3889865_2021-10-28-215905.128.mp3
Nationally syndicated financial columnist and author Terry Savage joins John to talk about the Biden administration’s tax plan and what you need to know about phishing scams. FBI Agent Siobhan Johnson joins Terry to tell you the best way to protect yourself from these scams. Terry also answers all of your financial questions.
https://serve.castfire.com/audio/3889466/3889466_2021-10-27-212306.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about what companies are looking for in today’s talent pool and what makes them pass on a particular candidate.
Segment 2: Greg McBride, Senior Vice President and Chief Analyst, Bankrate, chats with John about mortgage rates and the likelihood they rise if the Fed starts tapering next month. What should you do now?
Segment 3: Courtland Hickey, General Manager, Chicago Costume, talks to John about their business in advance of Halloween and a tweet that went viral last week that took issue with a Spirit Halloween billboard that went up in front of their Portage Park shop.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including consumer confidence ticking up, Mastercard announcing that soon any bank or merchant on its network can deal in cryptocurrency, and GM wanting to help build 40,000 electric charging stations in the US.
https://serve.castfire.com/audio/3889075/3889075_2021-10-26-220315.128.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about the COVID-19 pandemic and the impact it has had on women in the workforce, and what is causing the current rise in inflation and what is going to happen with inflation in the coming months.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including Cameo buying a startup that helps celebrities sell custom merchandise, and a new startup that wants you to rethink the traditional funeral home.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Hertz ordering 100,000 Tesla vehicles to build its electric fleet, Walmart rolling out a special access buying membership and Amazon announcing an Alexa program for hospitals and senior centers.
https://serve.castfire.com/audio/3888631/3888631_2021-10-25-215931.128.mp3
Segment 1: Best-selling financial author Jared Dillian joins John to talk about the importance of risk management when building your portfolio, the best way to pay off your house in 10 years or less, and the reasons behind the current labor shortage.
Segment 2: Laricia Chandler Baker, chef and owner, Can’t Believe It’s Not Meat, tells John about how the business came about, how a vegan influencer gave a boost to her business, the kind of food they serve, and their newest location in Old Town.
Segment 3: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about how the food and agricultural business has been involving in the heartland. Dale will be moderating an event on Tuesday, November 9th called, “Reimagining the Food Business in Flyover Country.” You can find information here.
https://serve.castfire.com/audio/3888092/3888092_2021-10-22-213532.128.mp3
Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about the weekly jobless claims continuing to decline, how businesses are dealing with supply chain and inflation issues, and if the current labor shortage will mean higher wages for workers.
Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including Donald Trump launching a new social network called Truth Social, Facebook reportedly planning to rename itself, suspected ransomware payments totaled nearly $600 million for first half of 2021, and the first Bitcoin-linked ETF trading on the New York Stock Exchange.
Segment 3: Katie Anderson-Tedder, Manager, Anderson’s Candy Shop, tells John about their long-standing relationship with WGN, what makes their shop so unique, the quality and care they put into each piece of candy they make, if they have been impacted by supply chain constraints, and how the community has supported their business over the years (since 1919!).
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Chicago-based United tolling investors they are focusing on expansion in international destinations, Crain’s reporting on a new grocery store coming to Chicago that is pick-up only, and Amazon launching in-store pick-up option for items purchased from local stores.
https://serve.castfire.com/audio/3887688/3887688_2021-10-21-210028.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to break down everything you need to know about Medicare Open Enrollment. Terry also tells us why inflation isn’t transitory and answers all of your financial questions.
Segment 2: Ashley Selman, Co-founder, heywell, tells John about her Chicago-based, women-owned beverage company, how long they have been in business, some of the beverages they offer, and why the tastiness of their product is imperative to their continued success.
https://serve.castfire.com/audio/3887288/3887288_2021-10-20-215328.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about his recent Crain’s op-ed that makes the case that Chicago needs to combat its violence issue in order to be considered a world-class business city.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about some Halloween hazards that could haunt your business if you aren’t careful.
Segment 3: Mott Smith, CEO, Amped Kitchens, talks to John about how their private kitchens can help restaurants, food production companies and meal-kit companies expand faster to better serve their customers.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Facebook tapping Coinbase as it launches their digital wallet Novi, Facebook also looking to hire 10,000 people in the UK to build the “metaverse,” and Instagram letting users co-author posts and share likes.
https://serve.castfire.com/audio/3886855/3886855_2021-10-19-210755.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about a new report that says the US entered a recession in Sep 2021, a new survey that shows that the top 10% of wealthiest Americans own 89% of all stocks, and the Mortgage Bankers Association (MBA) saying the average rate on a 30-year mortgage will rise to 4% and refis will drop 62%.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including scooters coming back to Chicago next spring with new technology that will keep the scooters off of sidewalks, and Walgreens investing more than $5 billion in VillageMD, a Chicago health-tech firm and primary care provider to open clinics across the United States.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including the U.S. planning to open borders to vaccinated travelers next month, Cresco Labs buying a Pennsylvania cannabis firm, and all the latest news from today’s big Apple event.
https://serve.castfire.com/audio/3886439/3886439_2021-10-18-210239.128.mp3
Segment 1: Harry Kraemer, professor at Kellogg School of Management and former CEO of Baxter joins guest host Ilyce Glink to discuss due diligence and the startup company practice of “fake it ’til you make it.”
Segment 2: Chris Orestis, CSA, president of Retirement Genius, chats with Ilyce about the start of open enrollment for this season and matching the right health insurance plan for you.
Segment 3: Rochelle Nawrocki Gorey, Co-Founder and CEO of springfour, tells Ilyce about this unique company that has vetted over 20,000 resources allowing people regain financial control of their lives.
Segment 4: Anita Kramer, Senior Vice President of the Urban Land Institute’s Center for Real Estate Economics and Capital Markets, shares a recent survey by the company discussing the emerging trends in real estate.
https://serve.castfire.com/audio/3885905/3885905_2021-10-15-214905.128.mp3
Segment 1: : Laurie Ruettimann, writer, speaker, podcaster and author of “Betting on You: How to Put Yourself First and (Finally) Take Control of Your Career,” joins Ilyce to talk about the number of people who are resigning from their jobs, the struggle companies are having keeping employees and the advice she has for young people who are just starting out in their careers.
Segment 2: CNET Editor at Large Ian Sherr chats with guest host Ilyce Glink about a variety of tech stories including what we know about the next Apple Event taking place on October 18th and used car prices continuing to rise.
Segment 3: Jessica Lautz, Vice President of Demographics and Behavioral Insights, National Association of Realtors, tells Ilyce about the impact of student loan debt on homebuying.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including McDonald’s testing Beyond Meat burger in 8 markets, and $10 billion being invested in the space sector this year.
https://serve.castfire.com/audio/3885485/3885485_2021-10-14-214725.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins guest host Ilyce Glink to talk about the latest inflation reading showing prices continue to rise, oil prices also continuing to rise, and Social Security recipients getting an increase. And as always, Terry answers all of your financial questions.
Segment 2: Ted Rossman, Senior Industry Analyst, Creditcards.com, tells Ilyce about a new study on credit cards that shows 68% of U.S. adults applied for retail credit cards on an impulse at checkout and the highest retail card APR is 29.99% and the lowest retail credit card APRs range from 10% to 15.24%.
https://serve.castfire.com/audio/3885093/3885093_2021-10-13-211833.128.mp3
Segment 1: Lisa Greenwald, CEO of Greenwald Research, joins Ilyce Glink to talk about the Employee Benefit Research Institute‘s 2021 Workplace Wellness Survey.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells Ilyce about the latest in startup innovation including a community of artists, investors and collectors forming in Chicago around the rise of NFTs, quantum momentum continuing with the launch of a new $25 million institute at the University of Chicago, an affordable bionic hand hitting the market and a Melinda Gates-backed organization launching in Chicago to boost women in tech.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Elon Musk trolling Jeff Bezos online after surpassing him as wealthiest person, and Best Buy acquiring Current Health.
https://serve.castfire.com/audio/3884693/3884693_2021-10-12-214133.128.mp3
Segment 1: Ed Grocholski, Senior Vice President of Brand, Junior Achievement USA, tells Ilyce about a new study that shows about one-third of teens may be in financially unhealthy relationships.
Segment 2: Manny Flores, President & CEO, SomerCor, tells Ilyce everything you should know about Small Business Administration 504 Loans.
Segment 3: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Southwest cancellations continuing to be an issue, and McDonald’s offering free “thank you” meals to teachers.
https://serve.castfire.com/audio/3884281/3884281_2021-10-11-215221.128.mp3
Segment 1: Steven Esposito, Executive Director, Wealth Advisor, Senior Portfolio Management Director, Morgan Stanley, joins guest host Ilyce Glink to unpack the disappointing September labor report, why he believes the numbers are going to get better, the market reaction to the report, and why he’s quite bullish moving forward.
Segment 2: Marine Sargsyan, Houzz senior economist, joins Ilyce to talk about a new study about bathroom trends and why homeowners are seeking premium features, new toilet technology and a spa-type atmosphere for their bathroom.
Segment 3: Kelly LaVigne, VP of Consumer Insights, Allianz Life, joins Ilcye to talk about their latest study that shows worries over a future market crash reached their highest levels in 2021.
https://serve.castfire.com/audio/3883752/3883752_2021-10-08-212752.128.mp3
Segment 1: CNET Editor at Large Ian Sherr chats with guest host Ilyce Glink about a variety of tech stories including a review of Windows 11, and Amazon (and other retailers) already starting ‘Black Friday-worthy’ deals.
Segment 2: Richard Fry, Senior Researcher, Pew Research Center, talks to Ilyce about a new study that shows a rising share of U.S. adults are living without a spouse or partner.
Segment 3: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including United growing their schedule ahead of the holiday travel season, and Google maps now helping travelers find the most eco-friendly route.
https://serve.castfire.com/audio/3883369/3883369_2021-10-07-210909.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins guest host Ilyce Glink to talk about why average is okay for stocks. And as always, Terry answers all of your financial questions.
Segment 2: Robert Johnson, Esq, Chief Economic Inclusion Officer & General Counsel, YWCA Chicago, talks to Ilyce about ways to close the racial wealth gap, the components that are driving the wealth gap and the upcoming WealthNOW Conference.
https://serve.castfire.com/audio/3882966/3882966_2021-10-06-212306.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to preview Friday’s September jobs report. Is the labor market ready to bounce back?
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about a new worker Heat Illness Initiative announced by President Biden that has been impacting some companies. What can companies do to make sure their employees are working safely and comfortably?
Segment 3: Dave Harvey, Vice President of Southwest Business, talks to John about how the airline business has been the last couple of months as they navigate through the pandemic, how he expects business travel to pick up in 2022, and how the push to get people vaccinated will help airline travel pick up for the holidays.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Facebook blaming “faulty configuration change” for its massive outage yesterday, Target paying workers an extra $2 per hour on peaks days of holiday shopping season, and Best Buy saying hard to find holiday items are perks of a new membership program.
https://serve.castfire.com/audio/3882574/3882574_2021-10-05-213314.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about homes costing us a lot more money, 3 Chicago suburbs transitioning to a renter majority, supply chain issues impacting silicon as well as books, and Amazon getting a jump on Christmas.
Segment 2: Chicago Inno‘s Senior Editor Jim Dallke tells John about the latest in startup innovation including 2021 being the all-time best year for Chicago tech, a Chicago startup for finding romance novels raising $1.5 million, and a startup that helps people with OCD raising $33 million.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Jeff Bezos sending William Shatner to space, the global airline industry expecting to cut losses in 2022 by 78% to $12 billion in slow pandemic recovery, and Volvo planning a $2.9 billion IPO to fund electric vehicles.
https://serve.castfire.com/audio/3882149/3882149_2021-10-04-214449.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the CPI showing the biggest year over year gain in 30 years, the debt ceiling deadline looming, and FAFSA season officially starting. And as always Terry answers all of your financial questions.
Segment 2: Jonathan Webb, Workplace Market Director, KI Contract Furniture, tells John about the future of work and how spaces will need to be designed to welcome back workers to the office.
https://serve.castfire.com/audio/3881581/3881581_2021-10-01-211221.128.mp3
Segment 1: Ben Winck, markets and economy reporter, Insider, joins John to break down the jump in weekly jobless claims, when we can expect the labor market to pick back-up and the likelihood Congress raises the debt ceiling by October 18th.
Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including YouTube banning prominent anti-vaccine activists, TikTok saying 1 billion people use its app every month, and Target kicking off holiday shopping in early October.
Segment 3: Paul Hletko, Owner / Distiller, FEW Spirits, tells John about their flagship products, how they distribute worldwide, how they make everything in Evanston, what they do to create brand awareness, the challenge of getting the right shelf spot with retailers, and how they managed business through the pandemic.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including software being rolled out at O’Hare and other airports that eases runway congestion and saves jet fuel, and Southwest Airlines unveiling a new Disney plane.
https://serve.castfire.com/audio/3881129/3881129_2021-09-30-213929.128.mp3
Segment 1: Paul Nolte, Portfolio Manager at Kingsview Investment Management, joins John to talk about the market volatility over the last couple of weeks, the likelihood we see interest rates rising soon, how supply chain issues are impacting the economy, and the debt ceiling stand-off in D.C.
Segment 2: Dale Buss, veteran financial journalist and founder and executive director of The Flyover Coalition, joins John to talk about the latest news coming out of the auto industry including Ford’s investment in EV, and how dealerships and the industry as a whole are being hammered by the shortage of microchips.
Segment 3: Kamau Murray, Founder and CEO, XStennis, tells John about his mission to provide Chicago’s underserved communities with a pathway to college through competitive tennis, and this week’s Chicago Tennis Festival, which is bringing some of the best women’s tennis players in the world to the South Side.
https://serve.castfire.com/audio/3880755/3880755_2021-09-29-212355.128.mp3
Segment 1: John Smallwood, President, Smallwood Wealth Management, talks to John about the rise in inflation and what that might mean for your retirement plan.
Segment 2: Ted Rossman, Bankrate.com Senior industry analyst, joins John to talk about a new poll that shows how the COVID-19 pandemic impacted U.S. credit card debt.
Segment 3: Osvaldo Montelongo, Founder & CEO, ConnectCareHero, tells John how his business helps older adults stay socially engaged through relevant live activity programming to help combat social isolation and promote healthy aging.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including U.S consumer confidence being down for the third straight month, Portillo’s revealing expansion plans, Boeing’s rosy travel forecast, and what we can expect from marijuana sales in Illinois.
https://serve.castfire.com/audio/3880320/3880320_2021-09-28-213120.128.mp3
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the high price of oil, how the Delta variant and the unvaccinated are impacting the economy, mortgage rates rising, home buying slowing down, Fannie Mae extending multifamily protections for renters indefinitely, and a new survey showing that the majority of college students say they can’t cover expenses with their job.
Segment 2: Charlotte Oxnam, Founder, Cue the Curves, an online community for plus-size women and clothing brands, tells John about why she started her business, how the business works, the importance of inclusivity, some of the brands that are highlighted within community, her fascination with entrepreneurship, how the business makes money and how they help anyone better understand and support plus-size women.
Segment 3: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Delta wanting other carriers to share no-fly passenger lists while incoming Southwest CEO said he’s wary about sharing such passenger lists, United airlines being fined $1.9m for tarmac delays, and a new Metra station possibly coming to Fulton Market.
https://serve.castfire.com/audio/3879866/3879866_2021-09-27-211306.128.mp3
Segment 1: Michael Miller, Associate Professor of Economics at DePaul University, joins John to talk about a new study that shows that a focus on minimum wage in general is better for low-income workers than focusing on the “tip credit,” and how the Delta variant has been impacting the labor market, and
Segment 2: Eldon Scott, President, Urbanspace, tells John about the opening of their new food hall in Chicago, how business has been going the past few days since their opening, how they chose some of the vendors (including Roberta’s from Brooklyn) that will be featured at the food hall, and how he expects business to be as we manage through the pandemic.
Segment 3: Neil DeGuia, General Manager, Canopy Hotel/Hilton Garden Inn, talks to John about their brand new property that just opened yesterday in Chicago.
https://serve.castfire.com/audio/3879251/3879251_2021-09-24-213651.128.mp3
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, joins John to talk about the stock market rally after the Fed announcement, the Fed’s decision to pause tapering for the moment and continuing the tapering mantra, the jump in retail sales and what we could take from the jump in weekly jobless claims.
Segment 2: CNET Editor at Large Ian Sherr chats with John about a variety of tech stories including Elon Musk saying Inspiration4 crew had ‘challenges’ with the toilet, the NTSB saying Tesla is ‘irresponsible’ for touting ‘Full Self-Driving’ features, a new report saying Facebook is using its News Feed to improve its image, and realistic AR spiders helping you battle arachnophobia
Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about a New Buffalo panel rejecting 2 proposals to limit short-term rentals, and a home in Naperville going on sale for $15 million.
Segment 4: WGN reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including EU regulators demanding all smart devices have a universal charging port, Northwestern University creating NU tiniest microchip structure, and California becoming the first state to bar mega-retailer quota limits.
https://serve.castfire.com/audio/3878810/3878810_2021-09-23-211510.128.mp3
Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about the stock market reacting to the Fed meeting today and what’s behind the housing boom. And as always, Terry answers all of your financial questions.
Segment 2: Carrie Luxem, Founder and CEO of Restaurant HR Group, tells John what restaurants can do to help deal with staffing shortages.
https://serve.castfire.com/audio/3878362/3878362_2021-09-22-213302.128.mp3
Segment 1: Tom Gimbel, founder and CEO of LaSalle Network, joins John to talk about why employees have the upper hand right now considering the labor market and why now might be a great time to consider a career change.
Segment 2: Philippe Weiss, President, Seyfarth at Work, tells John about how the talent shortage is challenging the economy, what companies can do to get the best candidates, and some “Candidate Closing Tips” that can help ensure businesses obtain top talent.
Segment 3: Greg Carroll, Director of Partnerships & Events, Uptown Chamber of Commerce, talks to John about next week’s Taste of Uptown event.
Segment 4: WGN Reporter and Crain’s Daily Gist host Amy Guth gives us a round-up of the latest business stories including Subway saying August sales were strongest in 8 years after unveiling new menu, Chipotle adding smoked brisket to its menu, McDonald’s Happy Meal toys getting a green makeover, FedEx raising shipping prices, and Amazon relaxing drug testing policies and lobbying to legalize marijuana.
https://serve.castfire.com/audio/3877928/3877928_2021-09-21-210928.128.mp3