The Business News Headlines 5 August 2025

Lot's of people, especially younger individuals, have used "Buy Now - Pay Later" loans.  If you are one of them our first story should be of great interest to you.  This is the Business News Headlines for Tuesday the 5th day of August, thanks for being with us. In other news, Switzerland thought it would avoid steep tariffs…but not so fast. Speaking of tariffs…we’ve all seen the headlines that the tariff rate for Canada and Mexico is 35%.  But, there is a big but about that if you dig a bit deeper…and we will.  We’ve got the Wall Street Report and the economic report that helped turn the equities from green to red today.   Ready?  Let’s go.

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The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.