The Business News Headlines 16 July 2025

A White House official said President Trump waved a letter telling House Members he was firing Fed Chair Jerome Powell. Turns out it was a prop but the markets reacted. This is the Business News Headlines for Wednesday the 16th day of July, thanks for being here.   In other news, yesterday we shared the bump inflation took last month today we’ll look at the producer price index.  The Nvidia CEO says he had little to do with getting approval from the administration to sell chips to China. A reversal about medical debt and credit reports to share with you.  So how are American owned companies in China doing?  We’ve got some news. Meanwhile China posted it’s GDP and we’ll share what happened there.  The Wall Street Report and finally a dismal report dealing with home loans and the reasons behind the drop.  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.