President Joe Biden tested positive for COVID-19 Thursday, but he assures Americans he’s doing well and getting work done. The European Central Bank is raising interest rates for the first time in over a decade, reversing years of loose monetary policy. HSBC bank could be the first-ever foreign lender to directly employ members of the Chinese…
Biden ‘Doing Well’ After Positive COVID-19 Test; ECB Hikes Rates, 1st in 11 Years | NTD Business
LIVE 5 PM ET: Putin Says Gas Flows Will Resume, EU Still on Edge; Existing-Home Sales Drop | NTD Business
Russian leader Vladimir Putin signaling that gas deliveries to Europe will start up again, but European countries still have concerns. U.S. home sales are at a two-year low, and prices are rising to record highs. Is it a seller’s market or a buyer’s market? Netflix stock rallied today, despite the company losing nearly a million subscribers in the…
Putin Says Gas Flows Will Resume, EU Still on Edge; Existing-Home Sales Drop | NTD Business
Russian leader Vladimir Putin is signaling that gas deliveries to Europe will start up again, but European countries still have concerns. U.S. home sales are at a two-year low, and prices are rising to record highs. Is it a seller’s market or a buyer’s market? Netflix stock rallied despite the company losing nearly a million subscribers in the…
Twitter-Musk Trial to Start in October; Amazon Sues Facebook Groups Over Fake Reviews | NTD Business
Twitter’s legal fight to force Elon Musk to buy the company begins. Their lawyers face off in court for the first time. Who won round one? Amazon is suing over 10,000 Facebook groups for coordinating fake reviews for money and goods. Tesla is facing more competition, as General Motors reveals its latest electric car. It’s trying…
Is a ‘Strong’ Dollar a Problem?; Economist: EU Faces Recession Without Russian Gas | NTD Business
Your dollars won’t buy you much more of anything these days, but they will buy you more euros, pounds, and yen. What risks does a “strong” U.S. dollar pose to the global economy? The European Union could face a recession if Russia cuts off its supply of natural gas. Will Russia do it? Chinese regulators stepping…
Over 40K Homebuyers in China Refuse to Pay Mortgage; Big Banks Report Earnings | NTD Business
Tens of thousands of Chinese homebuyers have stopped paying their mortgages. Why? How does it impact China’s property sector? More big banks reporting earnings today. What do they tell us about the economy, and about the future? Travel chaos at airports leading to another problem: a lot of lost bags. We have tips on how to keep…
LIVE NOW: CEO: Raising Tax on Small Biz Detrimental; Producer Price Index Near Record Highs | NTD Business
America’s biggest bank underperforms while building up its reserves in case of bad loans. What does this tell us about the economy? A new bill aims to raise taxes on small American businesses. We talk to a small business owner about how it will affect her. Hyundai unveils a new all-electric vehicle with a new…
CEO: Raising Tax on Small Biz Detrimental; Producer Price Index Near Record Highs | NTD Business
America’s biggest bank underperforms while building up its reserves in case of bad loans. What does this tell us about the economy? A new bill aims to raise taxes on small American businesses. We talk to a small business owner about how it will affect her. Hyundai unveils a new all-electric vehicle with a new…
Inflation Hits 40-Year High at 9.1%; Economist: 125% Debt-to-GDP Ratio Unsustainable | NTD Business
Inflation is surging to the highest level in 40 years in June, to 9.1 percent. Is this the peak, or will it go higher? Over the last two years, the U.S. national debt has increased by 25 percent. Every man, woman, and child across America owes $91,000 on average. What can be done to reduce the…
LIVE NOW: IEA: Global Energy Crisis May Get Worse; Small Business Optimism Lowest in 48 Years | NTD Business
Warning about the global energy crisis, the International Energy Agency says the worse is yet to come, especially for Europe. Optimism for the economy is at a record low among small businesses. What could this mean for the U.S. economy? Amazon’s biggest sale of the year starts today on Prime Day. We speak to buyers and sellers to see…
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