Americans spent $71B shopping on social media

The Financial Exchange Show - A podcast by The Financial Exchange Network

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Mike Armstrong and Marc Fandetti discuss how a government shutdown would impact today's inflation battle. Ted Rossman, Bankrate Senior Industry Analyst, joins the show to chat about how much money consumers are spending on impulse buys on social media sites. Real Estate crisis triggers new alarms over China's shadow banks. McDonald's to raise royalty fees for new franchised restaurants for first time in nearly 30 years. Olive Garden owner is snubbing short-term discounts to build its brands for the long haul. Paul LaMonica stops by to chat about Chewy's recent activity and the boom in the pet care business.