Tag: NTD Business

New England Faces Potential Winter Outages; U.S. Military Weakest in 9 Years: Report | NTD Business

Microsoft, laying off employees across multiple divisions—as tech companies trim their workforces. New England residents face potential rolling blackouts during a cold winter. Their leaders are on a mission to provide them with energy security. America’s top diplomat is warning that China’s leader has become more aggressive abroad. What could it mean for Taiwan? American…


New England Faces Potential Winter Outages; US Military Weakest in 9 Years: Report | NTD Business

Microsoft is laying off employees across multiple divisions—as tech companies trim their workforces. New England residents face potential rolling blackouts during a cold winter. Their leaders are on a mission to provide them with energy security. America’s top diplomat is warning that China’s leader has become more aggressive abroad. What could it mean for Taiwan?…


Average 401(k) Down $34K This Year: Economists; Kanye West to Buy Social Media Parler | NTD Business

American retirement accounts losing tens of thousands of dollars on average since the start of the year—thanks to inflation and a bear market. Rapper Kanye West agrees to buy social media platform Parler after he was kicked off two other platforms. Chinese leader Xi Jinping tightens his reign over the country and says he is determined to…


Average 401(k) Down $34,000 This Year: Economists; Kanye West to Buy Social Media Parler | NTD Business

American retirement accounts are losing tens of thousands of dollars on average since the start of the year—thanks to inflation and a bear market. Rapper Kanye West agrees to buy social media platform Parler after he was kicked off two other platforms. Chinese leader Xi Jinping tightens his reign over the country and says he is determined…


Musk May End Ukraine Satellite Internet Aid, Truss U-turns On Tax, Ditches Minister | NTD Business

Elon Musk may end Ukraine’s Starlink internet service. The satellite network is vital to Ukraine’s defense against Russia. Disfunction in Britain. The Finance minister is sacked just two weeks after his tax cut plan caused chaos in the country’s financial system. Chinese police stations are opening up all around the world including in the United…


Sept. Inflation Up More Than Expected; WH Asked Saudis to Delay Oil Cuts by One Month | NTD Business

New consumer price numbers have been released. The bad news is, inflation is likely not going down anytime soon. Good news for people on social security: They are going to see the biggest increase in four decades next year. A major U.S. bank is cutting ties with Kanye West and his business after the rapper…


LIVE NOW: Sept. Inflation Up More Than Expected; WH Asked Saudis to Delay Oil Cuts by 1 Month | NTD Business

New consumer price numbers released today. Bad news is, inflation is likely not going down anytime soon. Good news for people on Social Security: They are going to see the biggest increase in four decades next year. A major U.S bank is cutting ties with Kanye West and his business after the rapper posted some…


Producer Prices Rose Fast in September; US Falls in School Rankings as China Rises | NTD Business

American universities have fallen in global rankings. Meanwhile, China’s universities have gone up. We speak with Times Higher Education, the organization that compiled the list. Risky home loans are getting more popular. Find out how future prospects look for mortgage rates. The UK is sending mixed messages about TikTok. The spy chief says it’s okay to use, but the…


LIVE 5 PM ET: WH: US Needs to Reevaluate Saudi Ties; Officials Invest in Firms They Oversee: WSJ | NTD Business

A rift is growing between the United States and Saudi Arabia over oil production cuts. President Joe Biden and lawmakers are rethinking the relationship. Thousands of government officials are investing in companies they oversee, according to a new report. Is there a conflict of interest? The Bank of England says financial stability is at risk, as investors…


PayPal Pivots, Won’t Police ‘Misinformation’; JPMorgan: Recession Coming in 6–9 Months | NTD Business

A top bank CEO is warning that a U.S. recession is coming in less than a year—and a major stock index could fall again big-time. Ben Bernanke wins the Nobel Prize for economics, almost 15 years after the Great Recession. What are the results of his 15-year long experiment? Elon Musk weighs in on tensions…