Epoch Times

“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40 percent of GDP—not good, but...

Commentary When it comes to the creation of powerful platforms, China is best known for TikTok, a highly problematic app that stands accused of being a Trojan horse for the Chinese Communist Party (CCP). But WeChat is China’s most sophisticated creation, by far. In many ways, WeChat is a super-app. With over 1 billion users, WeChat is what you get...

Roughly one-quarter of U.S. Customs and Border Protection (CBP) and Immigration and Customs Enforcement (ICE) agents who responded to a survey plan to quit their jobs in the coming year, according to Department of Homeland Security Office Inspector General Joseph Cuffari. Cuffari said neither agency has a plan to deal with staffing issues that may arise due to problems cited...

The House Judiciary Subcommittee on the Constitution and Limited Government holds a hearing on Government Litigation and the Need for Reform at 2:00 p.m. ET on June 6 to “examine and expose how different aspects of government litigation require reform due to rampant and far-reaching misuse.” Witnesses include Kirby West, attorney, Institute for Justice; Andrew Grossman, partner, Baker Hostetler; John...

Twitter’s new Chief Executive Officer Linda Yaccarino has begun her role at the social media company, she said in a tweet late on Monday, about a month after Elon Musk named her as the new CEO. “It happened—first day in the books!” she posted on Twitter, without providing further details. Yaccarino, the former advertising chief at NBCUniversal, is taking over...

The United States is unaware of the scope of its investment fund in China that is funding possibly harmful Chinese military and civilian technologies, according to Derek Scissors, a senior fellow at the American Enterprise Institute. According to Scissors’s report titled “What to Do About American Investment in China,” almost $800 billion in U.S. investments poured into China from 2016 to...

A new experimental drug therapy has shown some promising signs of slowing down the progression of a type of brain cancer by more than 16 months on average. French drug developer Servier Labratories released results of a new medication that may become one of the earliest targeted therapies for a type of brain tumor affecting adults under the age of 50....

Rep. Anna Luna (R-Fla.) said on Monday that the Federal Bureau of Investigation (FBI) is afraid their confidential informant on an alleged criminal bribery scheme involving President Joe Biden and his family will be killed if their identity is revealed. “Just left meeting for House Oversight. The is afraid their informant will be killed if unmasked, based on the info...

What did John Solomon and his team discover after poring through unreleased Jan. 6 security footage? What is the public not being told about what happened that day? We discuss in this new episode of “American Thought Leaders:NOW,” a new spinoff series of American Thought Leaders. John Solomon is an award-winning investigative journalist and editor-in-chief of Just the News.

Commentary In May, with the support of the opposition and the left-wing Greens, the Queensland state Parliament adopted the Path to Treaty Act 2023. Although media outlets and opinion pages have been saturated with stories about “The Voice” and Indigenous claims to sovereignty, there has been little discussion of this potentially divisive Queensland legislation. Unsurprisingly, the long-serving Labor premier, Annastacia...

Logistics companies are scrambling to meet California’s upcoming Jan. 1, 2024 mandate that all new trucks purchased for servicing ports, rail yards, and distribution centers in the state be zero-emission vehicles, with experts questioning limited access to charging stations and the viability of switching from diesel to electric fleets. Availability of electric semi-trucks is a concern, as is the price...

Commentary A few weeks ago, a column in this space described Japanese Prime Minister Fumio Kishida’s hopes for the G-7 meetings in Hiroshima. He wanted those powerful economies—Canada, France, Germany, Italy, his own Japan, the United Kingdom, and the United States—to counter Beijing’s unfair and often bullying trade practices. He seems to have got what he wanted. Those assembled in...

When actress Jenn Gotzon was recently interviewed on The Epoch Times’ sister media NTD Television about her role as a member of the honorary advisory board for the upcoming New Tang Dynasty (NTD) Global Chinese Beauty Pageant, she summed up the most valued trait for contestants in one word: benevolence. “I think benevolence is the strongest point because it’s about kindness,”...

Another major insurance provider has announced it’s no longer selling new policies for personal and business properties in California, becoming the latest insurer to reduce its footprint in the state amid inflationary pressures and growing exposure to wildfire risks. Allstate, the fourth-largest provider of casualty and property insurance in California, said in a statement obtained by The Epoch Times that...

Some top Republican lawmakers who have signaled opposition to former President Donald Trump’s 2024 presidential bid have expressed worry that the former commander-in-chief will prevail with a crowded GOP primary field. This week, former Vice President Mike Pence filed paperwork for a 2024 presidential bid, coming on the heels of announcements made by Florida Gov. Ron DeSantis and Sen. Tim...

“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40 percent of GDP—not good, but...

Commentary Most politicians have used the “Ukraine invasion card” to justify the massive inflationary burst in 2021–23. It does not matter if inflation was already elevated prior to the war. Supply-chain disruptions, demand recovery, wage growth… Many excuses were used to justify inflation, except the only one that can make aggregate prices rise in unison, which is the creation of...

Commentary At American Greatness on May 25, there was an article by Joshua Mitchell that should be read by anyone perplexed and frustrated by the very strange current political condition of the United States. It bears a surprising title: “The Formidable Candidacy of Joe Biden.” Mitchell argues that conservatives and Republicans who take delight in the president’s many weaknesses and...

Former FBI Director James Comey said he wouldn’t support anyone but Presiden Joe Biden for the 2024 presidential race. “It has to be Joe Biden,” Comey told Biden’s former White House press secretary Jen Psaki on her MSBNC show aired on June 4, when asked whether he intends to vote for Biden again or Republican candidates other than former President...

Ford Motor Co. is suing Blue Cross Blue Shield Association in U.S. court, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees. The lawsuit Ford filed in Detroit federal court on May 31 accused the insurer and its regional Michigan branch of unlawfully dividing up parts of the...