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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Understanding how to budget for retirement travel

Could the Fed raise rates to 7%?

Mike Armstrong and Paul Lane discuss US consumer confidence fell again in September. Senate nearing bipartisan bid to avert a government shutdown. US risks its top credit rating with shutdown, Moody's warns. Americans finally start to feel the sting from Fed's rate hikes. Jamie Dimon warns 7% Fed rate still possible. Only richest 20% of Americans still have excess pandemic savings. Teetering China property giants undercut Xi's revival push.

Why America has a long-term labor crisis

Mike Armstrong and Marc Fandetti discuss why America has a long-term labor crisis. Lawmakers warn that US is heading for a shutdown as budget talks stall. The child-care cliff is upon us. Should you take a lump sum payment or stick with the montly pension payments? The IRS wants its cut of the profits from ticket resellers. DoT spending $1.2B on fixes to the US rail system.

US economy can withstand one major problem, but four problems at once?

Mike Armstrong and Marc Fandetti discuss the agreement between Hollywood writers are studios that was reached. US economy can withstand one shock, but four shocks at the same time? Why are tech stocks down? Bond yields are way up. Where does Boston rank on least and most renter-friendly cities list? Even a booming economy can't save Atlanta's office market.

Americans spent $71B shopping on social media

Mike Armstrong and Marc Fandetti discuss how a government shutdown would impact today's inflation battle. Ted Rossman, Bankrate Senior Industry Analyst, joins the show to chat about how much money consumers are spending on impulse buys on social media sites. Real Estate crisis triggers new alarms over China's shadow banks. McDonald's to raise royalty fees for new franchised restaurants for first time in nearly 30 years. Olive Garden owner is snubbing short-term discounts to build its brands for the long haul. Paul LaMonica stops by to chat about Chewy's recent activity and the boom in the pet care business.

Why is the Fed ignoring historical data?

Mike Armstrong and Marc Fandetti discuss rising bond yields, interest-rate worries drag stocks lower. US 10-Year jumps above key 4.5% level in post-fed bond rout. When rates drop, they usually plunge. The Fed thinks differently. UAW targets 38 more facilities at GM and Stellantis for expanded strikes, but skips Ford. What is the biggest threat to the US economy? Biden has a plan B for student-loan forgiveness. Amazon's new challenge: Bargain retailers that are playing a different game.

What is getting in the way of a soft landing?

Mike Armstrong and Paul Lane discuss the Fed's dream of a soft landing is facing a triple threat from the UAW strike, government shutdown, and restart of student-loan payments. Michael Santoli, CNBC, joins the show to chat about the biggest threat to economic growth in 2024. The rise of surge pricing 'it will eventually be everywhere'. Amazon makes Alexa chattier and more capable using generative AI. Parents are hiring motherly concierge services for their college students. McDonald's sued for 'severe burns' from spilled coffee, again.

Markets react poorly to the recent Fed rate decision

Mike Armstrong and Paul Lane react to the news that the Fed is holding rates steady and pencils in one more rate hike. Higher interest rates not just for longer, but maybe forever. Bank of England holds rates for first time in nearly two years, National Grid to drop electric rates for upcoming winter season. Have Boston companies returned to the office? Klaviyo shares soar in debut, pointing to IPO resurgence.

Ask Todd: Don't apply for Medicaid alone

Todd Lutsky, Cushing and Dolan, drops by for his weekly segment, 'Ask Todd'. Todd details what you need to know about setting up an emergency trust, tax implications for using money in a trust, limitations for non-trustees, and applying for Medicaid.

American Labor's real problem: It isn't productive enough

Paul Lane and Marc Fandetti discuss inflation or recession? CEOs will decide next month. American labor's real problem is it isn't productive enough. Dan Griggs, Oceanfirst Bank Boston Regional President, joins the show to chat about economic growth in the Greater Boston area. Amazon and Taget adding thousands of workers a head of holiday season. America's biggest landlords can't find houses to buy either. Disney to invest $60B in theme parks and cruises over the next decade. Fed-up consumers are increasingly going after food companies for misleading claims. Max streaming service unveils $9.99-a-month sports tier with NBA and MLB games.