The Business News Headlines 7 August 2025


President Trump has nominated a White House economist to a position with the U.S. Central Bank. That story kicks us off on this the 7th day of August and the first day of the Iowa State Fair. Thanks for listening. In other news, yet another executive order this time the president is going after…banks and we’ll share why. A popular mall destination for teens has filed for bankruptcy. The EPA has done away with a 7 billion dollar grant program for low income individuals. We’ve got some positive news for potential home buyers…think interest rates. The number of people filing for jobless benefits rose a bit. We’ve got the Wall Street Report and unions are no longer welcome at VA facilities. Let’s go…
Thanks for listening!
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.