Wintrust Business Lunch 8/1/24: Inflation easing, Meta settlement, hotel DNC prep

Wintrust Business Lunch

Segment 1: Greg McBride, Chief Financial Analyst, Bankrate, chats with John about yesterday’s Fed meeting and comments made by Chairman Powell that suggested an interest rate cut in September. Greg explains why we’ll likely see two interest rate cuts by the end of the year and what he thinks will happen in 2025.

Segment 2: Bree Fowler, Senior Writer, CNET, joins John to talk about Hollywood’s video game performers heading to the Warner Bros. Studios to picket, a not-for-profit blood center serving much of the southeastern U.S. facing a ransomware attack, and Meta agreeing to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission.

Segment 3: Adam Parritz, director of Strategic Office Operator Services at Glenstar, joins John to talk about their Chicago-area portfolio, the current trends in the commercial real estate industry, how work from home has impacted the market, and the amenities that are capturing tenants.

Segment 4: Narcis Kadic, director of food & beverage at InterContinental Chicago Magnificent Mile, talks to John about what they have planned for the upcoming DNC.

https://serve.castfire.com/audio/5464604/5464604_2024-08-01-193204.128.mp3

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