Tag: NTD Business

Solid Jobs Report: More 0.75% Rate Hikes?; UK Drills for More Oil Amid Energy Crisis | NTD Business

A lower number of jobs added in September than August. Does the new jobs report show signs of a recession coming? We have analysis. President Biden denies a Wall Street Journal report that he wants to ease sanctions on Venezuela in order to purchase oil from the country. What are the potential dangers of doing…


Solid Jobs Report: More 0.75 Percent Rate Hikes?; UK Drills for More Oil Amid Energy Crisis | NTD Business

A lower number of jobs were added in September than in August. Does the new jobs report show signs of a recession coming? We have analysis. President Joe Biden denies a Wall Street Journal report that he wants to ease sanctions on Venezuela in order to purchase oil from the country. What are the potential…


Biden Releases More Oil From Reserves; China Lags Behind the U.S. in Tech War? | NTD Business

President Biden responds to the OPEC+ production cuts: He’s doubling down on renewable energy and releasing more oil from the Strategic Petroleum Reserves, which is now at historically low levels. Billionaire Elon Musk says he wants to create an “everything app” — and Twitter could speed that up. But what exactly is he talking about? Which…


Biden Releases More Oil From Reserves; China Lags Behind the US in Tech War? | NTD Business

President Joe Biden responds to the OPEC+ production cuts: He’s doubling down on renewable energy and releasing more oil from the Strategic Petroleum Reserves, which is now at historically low levels. Billionaire Elon Musk says he wants to create an “everything app”—and Twitter could speed that up. But what exactly is he talking about? Which country…


OPEC to Cut Output by 2M Barrels a Day; SWIFT Sets Central Bank Digital Currency Plan | NTD Business

OPEC+ announces the largest cut in oil output since the start of the pandemic. Will it drive up gasoline prices? We have analysis. SWIFT, the system that helps banks transfer money worldwide, sets out its plan for a central bank digital currency network. How would the world change if people use the central bank digital currency…


OPEC to Cut Output by 2 Million Barrels a Day; SWIFT Sets Central Bank Digital Currency Plan | NTD Business

OPEC+ announces the largest cut in oil output since the start of the pandemic. Will it drive up gasoline prices? We have analysis. SWIFT, the system that helps banks transfer money worldwide, sets out its plan for a central bank digital currency network. How would the world change if people use the central bank digital currency…


Elon Musk Revives Deal to Buy Twitter; Number of Job Openings Falls by 1 Million in August | NTD Business

Elon Musk is changing course, saying he will go ahead with the deal to buy Twitter at the original price he offered. The news sent Twitter shares soaring. U.S. job openings plunge in August compared to the month before. Is this good news or bad news for the Federal Reserve? The founder of the world’s largest hedge…


LIVE NOW: OPEC+ Weighs Biggest Output Cut Since 2020; UK Makes U-Turn on Tax Cuts Amid Backlash | NTD Business

The U.N. is warning the world’s central banks their efforts to fight inflation by raising interest rates risk plunging the world into recession. The fight against inflation could get even more difficult as OPEC+, against President Joe Biden’s wishes, may cut oil production. The UK reverses its ambitious tax plan. After 10 days of fierce pressure, Britain’s finance…


OPEC+ Weighs Biggest Output Cut Since 2020; UK Makes U-Turn on Tax Cuts Amid Backlash | NTD Business

The U.N. is warning the world’s central banks their efforts to fight inflation by raising interest rates risk plunging the world into recession. The fight against inflation could get even more difficult as OPEC+, against President Joe Biden’s wishes, may cut oil production. The UK reverses its ambitious tax plan. After 10 days of fierce pressure, Britain’s finance…


Hurricane Ian Damage Likely Among the Worst; World Leaders React to Putin Annexation | NTD Business

Hurricane Ian is hitting South Carolina Friday, after leaving a path of destruction in Florida. President Joe Biden says it could be among the worst in U.S. history. There’s an unexpected beneficiary of Europe’s energy crises: Chinese companies that make electric blankets. The FDA approves a new drug for ALS, or Lou Gehrig’s disease. It could…