Epoch Times

Mortgage applications have fallen for the fourth straight week amid elevated mortgage rates, according to a recent report by the Mortgage Bankers Association (MBA). The volume of mortgage loan applications fell by 1.4 percent for the week ended June 2, on a seasonally adjusted basis, said an MBA press release on June 7. On an unadjusted basis, the decline was...

The S&P 500 and Nasdaq opened slightly higher on Thursday as Treasury yields slipped after data showed weekly jobless claims rose more than expected, countering some concerns about further interest rate hikes. The Dow Jones Industrial Average fell 8.04 points, or 0.02 percent, at the open to 33,656.98. The S&P 500 opened higher by 1.17 points, or 0.03 percent, at...

Commentary Is my child going to be OK? It’s one of the most basic, yet crucial questions a parent can ask, and for good reason. After all, parents have the primary responsibility for their children’s mental and physical health. But what are parents supposed to do when public schools, where kids spend almost seven hours each day, hide important information...

Business companies are leaving California for better opportunities in other states, with the number of departing companies nearly doubling from 2012 to 2019. A study commissioned by the Los Angeles Area Chamber of Commerce follows reports that California’s population has been shrinking since 2020. “The Golden State’s luster appears tarnished in recent years,” said the study authored by economists and academics...

The House Committee on Oversight and Accountability, led by GOP Rep. James Comer (R-Ky.), has now scrapped plans to convene a vote to hold FBI Director Christopher Wray in contempt of Congress. Comer had been after an unclassified FD-1023 form that the FBI generated, which contained allegations that then-Vice President Joe Biden took a bribe from a foreign national. The...

Reddit said on Tuesday it is laying off about 5 percent of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America. Tech companies including Meta Platforms have been slashing jobs after aggressively hiring during the pandemic, as the industry braces for an economic downturn. Meta, the owner of Facebook, slashed...

“Most people don’t understand that America has been at war for a long time. But it’s a different kind of war. It’s a war from the inside out. It’s a psychological war,” says Mikki Willis, creator of the Plandemic series. “Plandemic 3: The Great Awakening” was recently released. How do the people of a society become hypnotized into committing atrocities?...

NEW YORK — U.S. stocks drifted to a mixed finish Wednesday, as drops for Microsoft and other big-name tech stocks overshadowed gains across much of the rest of Wall Street. The S&P 500 fell 16.33, or 0.4 percent, to 4,267.52 even though the majority of stocks within the index rose. The Dow Jones Industrial Average gained 91.74, or 0.3 percent,...

A person’s stress level can skyrocket because of the hustle and bustle of city living, new research has confirmed. A study by researchers from Bond University, Australia, has found that concrete jungles make our hearts beat faster, while quiet streets can boost creativity. The study measured people’s physical reactions to urban environments, like enclosed city streets found in big cities,...

Commentary For much of “Downton Abbey,” viewers are treated with glorious eye candy of British aristocratic life in a mighty estate, robust at first but fading as the seasons progress. What we are not given is a rationale behind the whole cultural structure of the house and the social order surrounding it. This is particularly important for American audiences who know...

“There is no life without suffering. There is no love without suffering … You cannot have this perfect hedonistic life. It doesn’t exist, even if advertising, media, and everybody tells you so,” says Eduard Habsburg, the archduke of Austria and Hungary’s ambassador to the Vatican. He is from the royal line of the Habsburgs and author of “The Habsburg Way:...

The Biden administration may soon finalize regulations on gas-powered home furnaces, restricting consumers’ ability to purchase units found to be outside of the administration’s greenhouse gas emissions goals within the next few months. The regulations proposed by the Department of Energy (DOE) in June 2022 would likely limit consumer choice, increase prices, and have a minimal effect on greenhouse gas...

Former Vice President Mike Pence entered the 2024 presidential race on June 7 with a video announcement released on Twitter and drenched in religious language and references to the Republican glory days of the 1980s. By doing so, the Indiana native staked his ground as the candidate representing religious faith and the can-do optimism of the Ronald Reagan era. “I...

LONDON—Oil prices edged higher on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts outweighed weak Chinese export data. Brent crude futures were up 36 cents, or 0.5 percent, at $76.65 a barrel by 0949 GMT while U.S. West Texas Intermediate crude futures gained 37 cents, or 0.5 percent, to $72.11. Both benchmarks jumped more than $1 on...

The Securities and Exchange Commission (SEC) lawsuit against crypto platform, Binance, triggered over $700 million in withdrawals as crypto traders continued to face losses. The SEC filed 13 charges against Binance and its CEO, Changpeng “CZ” Zhao, for allegedly participating in an “extensive web of deception” to mislead customers and evade federal regulatory laws. The case against the troubled crypto platform will...

Software developers based in China are writing the code for TikTok, triggering concerns that the Chinese Communist Party (CCP) can access the data of more than one billion users worldwide, as well as force staff to silence dissenting voices, elevate pro-communist narratives, and sow seeds of division in democracies. A code sample seen by the Australian Financial Review shows that...

Jim Jordan (R-Ohio), chairman of the House Judiciary Committee, is building on his reputation as a tenacious legislator who aggressively chases information and holds government officials to task. Spearheaded by Jordan, the committee is looking into FBI actions that Republicans contend are misdeeds and improper conduct aimed at derailing Donald Trump’s campaigns for president.   To that end, the committee is investigating...

Commentary Bleeding hearts, that’s the term used to describe the typical liberal. They just feel so much, and are so compassionate, that their hearts bleed for those who are suffering. Well, San Francisco has a surplus of bleeding hearts, which is why the city’s newest program, created to help the homeless, is perfectly named, the Homeless Engagement Assistance Response Team...

Australian borrowers have been hit with another round of interest rate hikes after the Reserve Bank of Australia (RBA) raised the official cash rate by 0.25 percent to 4.1 percent, the highest level since April 2012. This comes after a 0.25 percent increase in May and a brief pause in April. In delivering the RBA’s decision, Governor Philip Lowe said...

Former Fox News host Tucker Carlson released the first episode of his new show on Twitter on Tuesday night, delving into the mysterious destruction of a dam in Ukraine. “As of today, we have come to Twitter, which we hope will be the short wave radio under the blankets,” Carlson stated toward the end of the video. “We’re told there...