The Financial Exchange weekdays from 10AM - Noon on 14 stations across New England.
The Financial Exchange is the only daily business and financial show in Boston and New England. Mike and Chuck tackle the top stories in the business and financial sector each day, while you updated on the trends in the US markets and the global economy. Plus, they'll talk to the biggest names in the industry for expert analysis.
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Are ordinary investors souring on Big Tech?
Why is it not surprising that markets aren't dropping as Middle East conflict continues
Mike Armstrong and Paul Lane explain why it isn't too surprising that markets are not dropping and infact are rising after a weekend of conflict in the Middle East. Oil markets are worried about a potential closure of the Straight of Hormuz. Fed Governor calls for rate cut as soon as July. Don't be fooled by treasury yields. Trump's 'big, beautiful bill' gets slimmed down in the Senate. Buy Now, Pay Later will starting impacting your credit score.
Social Security is running out of funds and time
Chuck Zodda and Mike Armstrong discuss the US preparing action to target allies chip plants in China. Social Security's finances erode further, risking benefits cuts. Auto tariffs could raise the price of vehicles up by nealy $2,000 per. Waymo wants to bring its Robotaxis to New York City. Rice prices skyrocket in May. Paul LaMonica, Barron's, joins the show to chat about Capital One and the rising fees on credit cards.
What are stablecoins and how do they work?
Chuck Zodda and Mike Armstrong discuss the Fed seeing higher inflation and slower growth ahead. While the Fed holds rates steady, Credit Card ARPs are still rising, why? What are stablecoins and why is congress pushing the Genius Act? US tariff spike hits China's small parcels. Masa Son pitches $1T US AI hub to TSMC and Trump.
Forget AI, it's robots who are coming for your job
Chuck Zodda and Marc Fandetti discuss the S&P 500 nearing a record. The biggest companies across America are cutting workforces. What are 'stupid' earnings reports and why are companies using them? Americans are passing by restaurants at levels similar to 2023. U.S. Steel ceases trading on the NYSE as Japan’s Nippon finalizes takeover.
Is the oil market in jeopardy if Israel-Iran conflict intensifies?
Chuck Zodda and Marc Fandetti discuss the possible next phase of the Israel-Iran conflict and how the oil market is in a difficult position. The Fed is in a tricky spot managing rate cuts and expectations from Trump. Todd Lutsky joins the show to share his expertise on irrevocable trusts.
Ask Todd: How often should a trust be reviewed?
This week, Todd Lutsky explains how an irrevocable trust protects your money from nursing homes, are there any changes coming in the new tax bill, how often a trust should be reviewed, and the downsides of irrevocable trusts.
How are tariffs impacting your personal finances
Mike Armstrong and Marc Fandetti discuss young college graduates are facing an employment crisis. Mark Hamrick, Bankate, joins the show to share the results from a recent personal finance survey that looked at how tariffs are impacting them. How to draw down your retirement savings when the markets are gyrating. Credit scores for millions of student loan borrowers cratered. How the $1,000 'Trump accounts' would compare to other savings plans.
Why the Fed isn't cutting rates despite cooling inflation
Mike Armstrong and Marc Fandetti discuss May retail sales dropping more than expected. Trump plays down Iran-Israel truce as he leaves G-7 early. Why the Fed isn't cutting rates despite cool inflation. What does the Federal Reserve actually do? Senate trims SALT, cuts more Medicaid in proposed changes to Trump megabill.
Who should we blame for price increases?
Chuck Zodda and Mike Armstrong discuss the confusion surround price increases and where the blame really lies. Joanna Stavins, Economist and Policy Advisor for the Federal Reserve Bank of Boston, joins the show to chat about credit card delinquencies. New real estate math: half a million more sellers than buyers. A family of four needs how much money to live comfortably?