Florida will soon block banks from denying services based on political opinions or religious beliefs. The new law takes effect on July 1 and will affect all financial institutions in the state. Recently, Florida Attorney General Ashley Moody accused one of the largest financial services companies in the United States, Fidelity Charitable, of sometimes refusing…
A.I. Hype Similar to 1999, But Be Careful Calling it a Bubble: Investor
The stock market has been soaring for most of this year, with much of the gains due to excitement surrounding artificial intelligence. Nvidia’s stock alone is up more than 200 percent this year. Many investors are comparing what’s happening now to the dot-com bubble of the early 2000s. But it is really a bubble this…
‘Measure Outcomes, Not Hours Worked’ to Increase Employee Productivity: Analyst
A recent survey found that 1 in 7 Americans admit they only work for about 3 to 4 hours on average each day when working remotely. Nearly 3 out of 4 remote workers are scrolling through social media during their workday, while more than a third are shopping. NTD speaks to Ira Wolfe, recognized as…
Some Student Loan Borrowers in Worse Shape After Reprieve: Risk Consultant
The pandemic-era freeze on student loan payments will end soon after three years. Student loan interest will start accruing on Sept. 1 and payments are starting in October. The pause on student loan payments will end this summer regardless of how the Supreme Court rules on President Joe Biden’s plan to forgive billions of dollars…
High Borrowing Costs Signify a New Era of Inflation: Bankrate.com
How is the Federal Reserve’s interest rate decision impacting regular Americans? And what can you do to protect your money? NTD speaks to Sarah Foster, principal U.S. economic reporter at financial information platform Bankrate.com. …
One, Two More Rate Hikes Won’t Make Big Difference to Economy: Strategist
The Federal Reserve kept interest rates unchanged on Wednesday, but signaled another half-of-a-percentage-point hike may be coming by the end of this year. The U.S. central bank acknowledged a stronger-than-expected economy and a slower decline in inflation. NTD Business spoke with Sam Burns, chief strategist at Mill Street Research, to find out his thoughts on…
Illegal Immigration a ‘Serious Problem’: Analysis of Its Economic Impact
The United States on Friday ended Title 42, a COVID-19 border restriction that had blocked many migrants at the border with Mexico, immediately replacing it with a sweeping new asylum regulation meant to deter illegal crossings. What would be the economic impact of an influx of illegal immigrants into the United States? NTD spoke to…
AI Could Replace Writers’ Jobs: Analysis
There are growing worries about artificial intelligence replacing jobs in the entertainment industry. As thousands of screenwriters fear their livelihoods are now on an uncertain path, protests against AI have started. Are their jobs really at risk? …
NTD Business (April 28): Digital Health Device Cybersecurity Risk? IRS Hiring More Armed Tax Enforcers
April 28, 2023
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Exxon-Mobil reported bumper profits last quarter, despite falling gas prices. What contributed to the record? You can now add horsepower to an EV Mercedes, but at a cost. The IRS commissioner confirmed the agency is hiring armed tax agents nationwide as part of President Joe Biden’s push to shore up enforcement. But the IRS says…
NTD Business (April 26): Disney Sues DeSantis After Privileges Revoked; House Republicans Vote on Debt Ceiling Bill
April 26, 2023
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The House is voting on a Republican bill to raise the U.S. debt limit. What are lawmakers saying, and does it have any chance to pass? Disney is suing Florida Gov. Ron DeSantis, escalating the conflict to new heights. The company just had its special taxing powers revoked. Both Microsoft and Google had a heavy…
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