The Financial Exchange with Barry Armstrong breaks business news first in New England. The longest running business news host in Boston, Barry reports on the latest business developments throughout the country in New England with heavy hitting interviews from CEO’s, analysts and prominent business media professionals.

Has Google and Microsoft left Meta behind in the AI arms race?

Should the President have power over the Federal Reserve?

Mike Armstrong and Marc Fandetti react to the release of the Fed's key inflation measure which rose 2.8% year over year. Inflation worries are impacting investors. Should the Fed remail independent from the execuvite branch? Do the GDP and Dow reflect American well-being? The dream of Fed rate cuts in 2024 is slipping away. The thrill is back for retail investors.

What is TikTok worth?

Mike Armstrong and Paul Lane discuss why the Fed could cause housing to get more expensive. US White-Collar job growth stalls, even in pandemic boomtowns. TikTok ultimatum puts a target on the backs of US companies operating in China. If a sale of TikTok is forced, what will it sell for? About 1 in 4 US adults over 50 say they expect to never retire. US fertility rates drops to a record low. Companies are already finding work arounds for the non compete ruling.

GDP comes in well below expectations. Is it time to raise rates?

Mike Armstrong and Paul Lane react to the GDP rate coming in well below expectations. Does this report show the need for the Fed to raise rates? Why is Meta's stock tanking after posting record revenue? Microsoft and Alphabet have the hopes of the Magnificent Seven on their backs today. Biden issues new rules for airlines to require automatic cash refunds for cancellations and delays. Southwest is exiting four airports as Boeing troubles impact the entire industry.

Ask Todd: What should go into your trust?

Todd Lutsky, Cushing & Dolan, stops by to share his expertise on transfering assets in the event that inheritance plans change. Should you add a safety deposit box to your trust? How can I protect my rental property from divorce? What is Schedule A listing?

Why are so many Americans taking on debt for a summer vacation?

Paul Lane and Marc Fandetti discuss traders adding bets that the Fed will skip interest rate cuts this year. Visa profit surges 17% as consumer card spending climbs. Ted Rossman, Bankrate.com, joins the show to chat about how many Americans are taking on debt to go on a vacation this summer. What does Boeing need from its next CEO? The FTC bans noncompete agreements that restrict job switching. Gold has gone gangbusters. Retirement savers shouldn't get carried away.

Did Elon Musk's comments save Tesla?

Paul Lane and Marc Fandetti discuss how Big Tech has been leading the recent rally. Tesla accelerates rollout of more-affordable EVs as profit drops sharply. Elon Musk needs cheaper Tesla's to pay for everything else he wants. TikTok isn't going away, at least not yet. Todd Lutsky joins the show to share his expertise on leaving assets for your beneficiaries.

Investors are pricing in interest rate hikes

Mike Armstrong and Paul Lane take a look at why there has been a dramatic shift from the beginning of the year on how investors are viewing where interest rates are headed. Why is the FTC suing to block another merger? Why are 'pay later' lenders feuding with credit bereaus? Is delaying retirement the only way to enjoy? Chipotle keeps raising its prices and we keeping eating their burritos.

China is using an old US trick to save its economy

Mike Armstrong and Paul Lane take a look at what is driving the current market rally. Can Big Tech answer some of the looming AI questions? What is Tesla going to do to dig itself out of its downward spiral? China is taking a page out of the US's playbook on how to save an economy. GM posts a strong first quarter, but is it sustainable? Apple's problems in China are only worsening.

US vs China internet war heats up with latest TikTok ban

Chuck Zodda and Mike Armstrong discuss how the latest TikTok ban proposal in the US House is going to get major pushback from China. Tesla and Li Auto cut prices in China as EV competition ramps up. Reversing the real-estate doom loop is possible, just ask Detroit. Americans have a new TV habit. Subscribe, watch, cancel, repeat.