Wintrust Business Lunch 7/8/24: Falling inflation, economic slowdown, AI taking jobs | WGN Radio 720

AI For Business

Sale sign in store

Sale signs hang at a retail store in Rosemont, Illinois, Tuesday, June 25, 2024. On Friday, June 28, 2024, the government will report on the Federal Reserve's most closely watched inflation measure, data that will influence the Fed's decision on when to start cutting interest rates in coming months. (AP Photo/Nam Y. Huh)

Segment 1: Craig Bolanos, co-founder and CEO of Wealth Management Group, joins John to talk about why he wants to see the Fed cut interest rates in both September and December, why the economy is okay but still slowing, why it's good for investors to invest during the Fed's pause on rate cuts, when to start worrying about rising unemployment, what the French election means for the world, and where to put your money right now.

Segment 2: Jim Dallke, communications director for TechNexus Venture Collaborative, talks with John about a Chicago startup helping cannabis companies get better inventory and pricing data, a local tech project that landed millions in funding from the Biden Administration to bolster its technology, and why 60% of business leaders expect layoffs later this year.

Segment 3: Steens Family Foundation Executive Director Pat Ford talks with John about the work of the Steens Family Foundation, their partnership with the North Lawndale community, their work to transform the neighborhood, and the opening of the Fillmore Center, a new project that will bring economic growth to the area.

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