NTD Business Full Broadcast (Nov. 9)

Don Ma
By Don Ma
November 9, 2022NTD Businessshare
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Control of the Senate is in the balance, as several key races are still too close to call. It’s possible that we won’t know the answer until December.

The founder of crypto exchange platform FTX loses nearly all of his $16 billion fortune. Meanwhile, rival firm Binance abandons an attempt to save him.

Massive layoffs take place at Facebook parent Meta, with thousands of jobs to be cut. What went wrong?

Credit card rates are hitting a record high–thanks to the Federal Reserve’s fight against inflation.

Higher interest rates are making new car payments more and more expensive. What does it mean for the average American?

Stories in this episode:

1. McCarthy Declares GOP Win; Pelosi Disagrees
2. Senate Race in Georgia Headed to Runoff
3. Wisconsin Sen. Ron Johnson Wins Re-election
4. Dr. Oz Concedes PA Senate Race to Fetterman
5. New Congress Should Curb Spending: Economist
6. Calif. Votes No on Tax for More Electric Cars
7. Elon Musk Sells More Tesla Shares
8. Adidas Slashes 2022 Outlook Over Kanye Split
9. Redfin Announces 13% Workforce Cut
10. Meta Lays Off 13% of Its Workforce
11. FTX Founder Loses 94% of $16B Fortune
12. Disney+ Reports ‘Peak Losses’
13. Credit Card Rates Hit Record High
14. Are New Cars Becoming Too Expensive?
15. Chocolate Sales Sweeter Than Ever
16. New Laws Force Employers to Advertise Salary

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