More banks are at risk of collapsing, according to a new study. One senator is now pushing for tighter regulations. As bank after bank collapses, many are wondering: is my money safe? What should I do with my money? We talk to financial professionals to get their opinions. Amazon plans to lay off thousands more workers. Why,…
NTD Business (March 20): Is Your Money Safe During Bank Failures?; Study Highlights Mass Bank Collapse Risk
Snap Shares Plummet 43%; New Home Sales Hit 2-Year Low in April | NTD Business
Social media stocks lose billions of dollars, after a profit warning from Snapchat’s parent company. Some clothing companies are way down too. New home sales tumble to a two-year low. What’s behind it? Is the housing market cooling down? President Joe Biden is looking at releasing diesel fuel reserves, as diesel prices hit all-time highs. Will it…
Progressive, Socialist Policies Are Destructive, Have Never Brought Prosperity: Economist Robert Genetski
After years of data accumulation and analysis, top U.S. economist Robert Genetski found that progressive or socialist policies are destructive and can only bring America away from prosperity. He also said the Biden administration’s economic policies are “absolutely” progressive or socialist. Genetski is “one of the nation’s premier interest rate forecasters,” according to the Heartland…
Robert Genetski: Inflation Could Be ‘A Lot Higher’ in 2022 Due to Strong Spending
Inflation has already hit an almost 40-year record high of 7 percent. But Robert Genetski, one of the nation’s leading economists, said that in 2022 inflation will still be a problem and maybe even rise higher due to too much liquidity and continued strong spending. “I don’t believe it has [peaked]. We’ve seen this 7…
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