NTD Business Full Broadcast (Feb. 7)

Don Ma
By Don Ma
February 7, 2023NTD Business
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Ahead of President Joe Biden’s State of the Union Address Tuesday night, House Speaker Kevin McCarthy is calling on the president and Democrats to negotiate on cutting spending. He says raising the nation’s borrowing limit is possible, but it must be “responsible.”

Fed Chair Jerome Powell says it’s possible that interest rates could go higher than previously thought. Which markets will be affected the most if that happens? We talk with investment firm Oxbow Advisors.

Zoom and Boeing are announcing layoffs. They’re the latest companies to cut back ahead of a potential recession.

The control of Disney’s Florida theme parks is up in the air. Soon, it may lose its self-governing status, with the governor appointing board members instead.

Tickets for Beyonce’s tour are now on sale. We have tips on how to protect your money and avoid concert scams this year.

A charity in New Jersey is collecting donations to help survivors of the earthquake in Turkey and Syria. We hear from the charity’s CEO.

Stories in this episode:

1. AI War: Microsoft & ChatGPT Vs. Google & Bard
2. AI-Generated Show Suspended for Trans Joke
3. Zoom and Boeing Plan to Cut Jobs
4. BP Makes Record Profit, Slows Shift From Oil
5. Calif. Gov. Demands Probe Into Soaring Gas Prices
6. Disney World’s Special Status Under Scrutiny
7. McCarthy Suggests ‘Responsible’ Debt Increase
8. Powell: Significant Drop in Inflation in ’23
9. Fed May Keep Rates Higher, Longer: Analyst
10. Buying Beyonce Tickets? Avoid Concert Scams
11. Charity Raises Money for Earthquake Victims

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