NTD Business Full Broadcast (March 16)

Don Ma
By Don Ma
March 16, 2023NTD Business
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The banking sector unrest could be hiding a bigger problem in the U.S. economy, according to an analyst. It has to do with how we approach financial assets.

Treasury Secretary Janet Yellen is telling lawmakers the U.S. banking system is stable, amid fears of a banking crisis.

Another bank rescued: First Republic Bank gets a $30 billion lifeline from large lenders.

A Microsoft live event Thursday unveils the implementation of ChatGPT-like features into Office 365 applications. How does the new tool work?

The Federal Reserve will soon launch FedNow, its instant payment system. Americans will soon be able to send and receive money instantly, while being monitored by the Fed.

The Virgin Orbit Rocket company is running out of money, pausing operations for a week as it looks for more funding.

A Czech company makes fake weapons to fool enemy forces into wasting expensive munitions like bombs and missiles.

Stories in this episode:

1. Big Lenders Rescue First Republic Bank
2. Banking System Sound After Actions: Yellen
3. House Committee Eyes SVB Hearings
4. Credit Suisse Receives $54 Billion Lifeline
5. ECB’s Lagarde: Banks in ‘Stronger Position’
6. Banking Issues Hiding Bigger Problem: Analyst
7. Fed to Release Instant Cash Transfer System
8. Microsoft 365 AI for Creative Office Work
9. Baidu Shares Tumble As Ernie Bot Disappoints
10. Fortnite Firm to Pay $245M for Tricking Users
11. WH Threatens TikTok’s Chinese Owners With Ban
12. UK Bans TikTok on Government Devices
13. Virgin Orbit Stops Operation for a Week
14. Czech Company Manufactures Decoy Weapons
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