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Money Rehab with Nicole Lapin

Wall Street News Roundup: State of Emergency on Housing, Vegas' Tourism Problem and Illegal Tariffs

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 5 September 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

Today, Nicole shares the biggest headlines on Wall Street and how they will affect you and your wallet. In this episode, she unpacks why the tourism industry in the US is suffering, the consequences of the new ruling that would reverse (and refund!) the Trump tariffs and whether housing in the United States really is a state of emergency. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. As part of the IRA Match Program, Public Investing will fund a 1% match of: (a) all eligible IRA transfers and 401(k) rollovers made to a Public IRA; and (b) all eligible contributions made to a Public IRA up to the account’s annual contribution limit. The matched funds must be kept in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time. See full terms⁠⁠ ⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.  *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Transcript

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0:00.0

Support for today's episode comes from Square, the easy way for business owners to take payments,

0:04.6

book appointments, manage staff, and keep everything running in one place. On this show and in my

0:10.1

books, I always talk about how important it is to have multiple streams of income. But how do you

0:15.1

actually go from hobby to hustle? The answer? Square. I have seen it so many times in real life. Just this weekend at the

0:22.1

farmer's market, there was a mom selling banana bread. We love banana bread. And I could not

0:26.9

resist. In the past, I might have missed out because I never carry cash. But with Square, she

0:31.9

was able to take my card in seconds. I got my delicious treat. She got paid and neither of us

0:37.4

had to stress. With Square,

0:38.9

you can get all the tools to run your business with none of the contracts or complexity.

0:43.9

And why wait? Right now you get up to $200 off Square hardware at Square.com slash go slash

0:50.5

MNN. That's square.com slashO slash MN as in Money News Network. Run your business smarter

0:59.2

with Square. Get started today. What is your bank doing for you? And how much is it costing you?

1:04.7

That's a serious question, because if they're charging you $8 a month with zero extra services,

1:10.1

I've got to stage an intervention here.

1:11.9

What are you paying them for anyway to hold your money for you? You deserve better.

1:17.2

That's what I love about chime. There are no monthly fees, no maintenance fees. My younger

1:21.6

self would have definitely benefited from this. It's not just the no fees thing. It's what they

1:26.4

have to offer you, too. If you set up

1:28.6

direct deposit, you can get paid up to two days early automatically. And with qualifying direct

1:32.7

deposits, you're eligible for free overdraft up to $200 on debit card purchases and cash

1:37.9

withdrawals. Plus, they have over 47,000 fee-free ATMs. So seriously, ask yourself,

1:43.9

what is your bank doing for you and just how much are they charging you to do it? And if the math isn't mapping, think about making a change. Work on your financial goals through CHIME today. Open an account in just two minutes at chime.com slash MNN. Chime feels like progress. Chime is a financial technology company, not a bank. Bank. Bank.

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