NTD Business Full Broadcast (Oct. 16)

October 16, 2020 Updated: October 17, 2020

Democratic presidential nominee Joe Biden clarifies his tax policy, saying he says he only wants to increase tax for people who make more than $400,000 per year.

In market news, the Dow snaps a 3-day losing streak. We talk to Nick Reece who says things are looking up.

American consumers keep spending more. Retail sales rose for the fifth time last month, more than double what economists expected.

Luxury merchandise is being shoplifted in waves from high-end stores in New York City—and it’s been getting worse. We hear from a police officer about it.