Television screens on the floor of the New York Stock Exchange display the Federal Reserve's decision on interest rates on Wednesday, January 31, 2024. The Federal Reserve kept its key interest rate unchanged at about 5.4%, the highest level in 22 years. The statement signaled a change in policy, rescinding previous language that said the Bank was still considering further interest rate hikes. (AP Photo/Richard Drew)
Segment 1: Tom Gimbel, founder and CEO of LaSalle Networks, joins John to talk about his favorite questions to ask prospective job candidates. “Tell me about a time when you really failed at something and what you learned from it.”
Segment 2: Steven Esposito, president of Yellowstone Wealth Management in Lake Forest, talks to John about why the economy is doing so well could influence the Fed's moves on rate cuts, and why the market He talks about why he thinks some companies are cutting interest rates, and why he thinks some companies are cutting interest rates. His reluctance to lower prices for consumers and what he expects from the second half of this election year.
Segment 3: Dennis RodkinJohn, Crain's residential real estate reporter, also weighs in on tonight's Winnetka officials meeting to consider an ordinance aimed at reducing what homeowners can build on the lakefront bluffs, and the potential lawsuits if the ordinance passes. Join John to talk about the possibilities. Also, an Illinois real estate agent is planning a $1 million campaign to oppose Chicago's transfer tax increase referendum. Dennis also talks about the top 50 most expensive homes sold in 2023 and why Fox Sports' Colin Cowherd bought her Avenue of Michigan condo.
