Wintrust Business Lunch 7/24/23: Renter insecurity, Cameo layoffs, Hands of Peace

07/24/23 • -1 min

Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about renter insecurity, Elon Musk rebranding Twitter to ‘X,’ and a new Longevity Annuity you can buy.

Segment 2: Jim Dallke, National Editor, American Inno, talks to John about layoffs hitting Chicago startup Cameo, a new $40M venture capital fund in town, led by 2 women, investing in food startups, and Chicago falling in a new tech cities ranking by CBRE.

Segment 3: Emily Kenward, Hands of Peace Chicago site director and program alum, tells John about their three week summer program, the mission of the program, who is participating in the program right now, and how they provide space for American, Israeli and Palestinian teens to create a dialogue and empower them to become agents of change in their communities and around the world.

https://serve.castfire.com/audio/4142170/4142170_2023-07-24-205710.128.mp3

Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about renter insecurity, Elon Musk rebranding Twitter to ‘X,’ and a new Longevity Annuity you can buy.

https://serve.castfire.com/audio/4142170/4142170_2023-07-24-205710.128.mp3

Previous Episode

Wintrust Business Minute: CME Group has cut positions and BMO Bank is the new top bank

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Chicago’s CME Group has cut about 100 employees or 3% of its staff. Wall Street’s biggest banks have been chopping positions right and left this year, shedding more the 20,000 people during the first six months of 2023.

Also, Northern Trust has been knocked down a rung on the list of Chicago’s largest banks compiled by Crain’s using S&P Global Market Intelligence. BMO Bank is the new top bank with $177 billion in assets. Listen for more below:

https://serve.castfire.com/audio/4142100/4142100_2023-07-24-171800.64kmono.mp3

Next Episode

Wintrust Business Minute: Chicago-area home prices are rising faster than other major cities

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Chicago area home prices are rising faster than other major cities. Single-family home values rose 4.6% in May on the latest S&P CoreLogic Case-Shiller Index. The increase is the biggest of any of the 20 cities listed on the index. Last year at this time, Chicago was 18th. Cleveland is second on the index with a 3.9% increase followed by New York at 3.5% and then Miami at 3.4%. Nationwide, home prices dipped 0.5% in May.

Also, layoffs are underway at the largest locally headquartered bank in Chicago. Listen for more below:

https://serve.castfire.com/audio/4142489/4142489_2023-07-25-183529.64kmono.mp3