Cindy Crawford: Magic City Marketplace

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Magic City Marketplace

Alabama is considered one of the least competitive health insurance markets in the country. And while a number of provisions from the Affordable Care Act kick in next year, most observers don’t feel that’ll make much difference. We hear why in this week’s Magic City Marketplace.

Magic City Marketplace

Birmingham is big business and small. But whatever the size of the operation, the marketplace is connected by people who have to grapple with numbers and projections and spin. We try and slice through the psychobabble that can be business news with a weekly discussion of who's up and who's down, why the market reacts a certain way or what a business closing or opening means to you.

Businesses Worry Birmingham’s Political Spat Could Hurt City’s Revival

Birmingham’s city center has seen project after project pop up over the last five years or so. While the business community would love to see that continue, there’s concern the acrimony right now between Birmingham Mayor William Bell and the city council could cut into the momentum. We talk about that in this week’s Magic City Marketplace. Birmingham Business Journal editor Ty West explains to WBHM’s Andrew Yeager what has business leaders worried.

Small Banks Continue Move to Birmingham

Birmingham’s banking sector has seen smaller banks entering the market hoping to latch onto growth in the state’s biggest metro area. So far in 2016, that trend is not slowing. We start there in this week’s Magic City Marketplace. The Birmingham Business Journal’s Ty West also explains how the healthcare community is reacting to a General Fund budget Alabama’s Medicaid commissioner says is below what’s needed to maintain services.

Congestion Not Likely to Improve Around Birmingham

Anyone who commutes along I-65 or U.S. 280 around Birmingham, knows those highways can get congested. But those are far from the only roadways feeling pressure. Backups are annoying and have real costs.Birmingham Birmingham Business Journal editor Ty West talks about that in this week’s Magic City Marketplace. He also explains why retail has been lagging in downtown Birmingham’s revival.

Birmingham Housing Market Tilts to Sellers

The housing market is cyclical as are so many things in business. After a housing-led recession and recovery, the Birmingham housing market is becoming a sellers market with far more demand than homes to go around. But the adage “location, location, location” still applies. Birmingham Business Journal editor Ty West explains in this week’s Magic City Marketplace.

Hospitals see Changes in Alabama’s Certificate of Need Process

If you don’t work in the healthcare industry, you might not be familiar with Alabama’s Certificate of Need process. It’s bureaucratic, often with mounds of paperwork and legal fees, but it determines what healthcare facilities get built in the state. And in some cases, which ones are blocked. We hear about the process and some changes in this week’s Magic City Marketplace.

Andrew Yeager

Announcer Producer