Your Money Minute

Your 60-second money minute. Today’s topic: What Happened To Holiday Hiring Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Market experts Michael Lasser and Steve Odland delve into the intriguing disconnect between what consumers say and what they actually spend. Lasser highlights how strong back-to-school sales can predict holiday retail success. Odland discusses the surprising tendency of consumers to overspend during festive seasons despite claims of cutbacks, linking this behavior to job security and a cultural drive to celebrate. Their insights reveal how consumer spending remains a major force driving the U.S. economy.

Explore the pros and cons of 50-year mortgages. Long terms can feel like interest-only loans since few stay in their homes for decades. Experts warn that interest rates on these loans might actually exceed those for 30-year options, potentially erasing any monthly savings. Tune in for insights that could change your mortgage game!

Your 60-second money minute. Today’s topic: Small Business Hiring Slows Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Your 60-second money minute. Today’s topic: More Data On Weakening Job Market   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Rick Santelli, a CNBC market commentator known for his insightful financial analysis, joins the discussion about alarming consumer sentiment levels. He highlights how current figures are the weakest in decades, drawing parallels to the tumultuous late 1970s. The conversation dives into the reasons behind this sentiment dip, including rising inflation and challenges faced by lower-income Americans. Tune in for an enlightening look at the state of consumer confidence and its implications for the economy.

Eric Johnston, an analyst at Cantor Fitzgerald, discusses how lower-income consumers are significantly cutting back on dining out due to inflation. Scott Boatwright, CEO of Chipotle, shares insight on how younger customers are opting to eat at home more often. Interestingly, a Brinker CEO highlights that Chili's is still experiencing growth among lower-income cohorts, defying industry trends. The conversation also explores the shifting landscape between fast food and fast casual chains as consumers adjust their spending habits.

Your 60-second money minute. Today’s topic: Stocks Did A Rare Thing Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Your 60-second money minute. Today’s topic: Is The US Already In A Jobs Recession Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Sharon Epperson, a CNBC personal finance reporter known for her insightful analysis, joins to discuss the impact of rising health insurance costs. She highlights how premium increases can outpace salary raises, effectively shrinking take-home pay. Epperson also shares practical tips on tracking past medical expenses to better estimate future costs and explains the trade-offs between choosing higher premiums with lower deductibles versus lower premiums with higher deductibles, giving listeners crucial insights during open enrollment.