Florida Gov. Ron DeSantis paid a price on the opening night of his campaign for gambling on a new launch format, with the Twitter chatroom crashing after some 600,000 listeners attempted to tune in. But after tech issues were resolved, the conversation on Twitter Spaces—with billionaire Elon Musk and investor David Sacks—quickly turned to policy, both foreign and domestic. During...
Read moreNEW YORK—Wall Street fell again Wednesday as stocks tumbled worldwide on worries about the economy. The S&P 500 dropped 0.7 percent after House Speaker Kevin McCarthy said Republicans and Democrats remain “far apart” in their efforts to prevent a potentially disastrous default on the U.S. government’s debt. The main U.S. stock index is on track for its worst week in...
Read moreCommentary China is diminishing in the eyes of most of the rest of the world, especially with other Asians. That is a key conclusion to emerge from a massive global survey conducted by the famous Pew Research Center. Pew’s weighing of a range of global opinions on China makes clear that Asians, in particular, but also Americans and, to a...
Read moreAmerican evangelist and missionary Franklin Graham (L) and Fla. Gov. Ron DeSantis at the National Religious Broadcasters Convention in Orlando, Fla., on May 22, 2023. (Courtesy of the Florida Governor's Office) Florida Gov. Ron DeSantis filed a formal notification with the Federal Election Commission that he is running for president, his spokesman Bryan Griffin told The Epoch Times. He filed...
Read moreAfter witnessing over a decade of strong growth, landlords are now facing the worse real estate crisis since 2008. Even in the first months of the pandemic, areas of the country like Florida were able to benefit, as millions of Americans fled major metropolitan regions to more welcoming locations. Despite a temporary drop in tenants in 2020, property owners in major...
Read moreThe UK inflation rate has dropped for the first time in eight months, but prices on basic essentials remain high. The latest data from the Office of National Statistics (ONS) showed a drop in the Consumer Prices Index (CPI) 12-month inflation rate in April to 10.5 percent, which is lower than November’s 10.7 percent, and down from the peak in...
Read moreThe Louisiana House of Representatives voted 70 to 29 to send a so-called “Constitutional Carry” bill to the Senate on May 23. Louisiana Shooting Association (LSA) president Dan Zelenska is taking a wait-and-see attitude on the bill’s future. “Time is its biggest enemy,” Zelenska told The Epoch Times. HB 131, sponsored by Republican State Rep. Danny McCormick, would allow anyone...
Read more“What Elon Musk did is, by buying Twitter, he severed ties between Twitter officials and some very privileged journalists who had exclusive or premier access to Twitter,” says Paul D. Thacker, an investigative reporter and Twitter Files journalist. Thacker recently revealed a number of relationships between Twitter staff and certain journalists, pharmaceutical companies, and government officials that dealt with censoring...
Read moreCommentary Energy policy is looming as a fracture point in Australia’s political discourse. At the next election, Australians will have a clear choice between the philosophies of “magic pudding economics” and “the magic of the market.” The path Australians take will determine their long-term well-being. Energy supply and cost are key indicators of the sophistication, well-being, and wealth of a...
Read moreThe U.S. surgeon general is calling for tech companies and lawmakers to take “immediate action” to protect children’s and adolescents’ mental health on social media. But after years of insufficient action by both social media platforms and policymakers, parents and young people still bear most of the burden in navigating the fast-changing, often harmful world of secretive algorithms, addictive apps,...
Read moreBenchmark U.S. crude oil for July delivery rose 86 cents to $72.91 a barrel Tuesday. Brent crude for July delivery rose 85 cents to $76.84 a barrel. Wholesale gasoline for June delivery rose 1 cent to $2.66 a gallon. June heating oil fell 1 cent to $2.36 a gallon. June natural gas fell 8 cents to $2.32 per 1,000 cubic...
Read more“We make up about 4 percent of the global population in America, yet we consume 55 percent of prescription drugs. How is that possible? 80 percent of prescription opiates are in this country. So this tells you the stranglehold that Big Pharma has.” At the FLCCC Conference last month, I sat down with critical care physician and FLCCC co-founder Dr....
Read moreRecent statistics from China’s central bank show that home buyers’ enthusiasm has fallen drastically. Despite price cuts and incentives, the world’s largest housing market continues to slump, and China’s banking sector is taking a hit on two fronts, as both defaults and prepayments rise. Meanwhile, China’s developers are starting to show the strain, with real estate giant Wanda Group making...
Read moreCommentary Over the past decade or so, America has undertaken a radical experiment with criminal justice reform. The consequences have been devastating. The number of people arrested in America each year has fallen sharply over the past two decades. Public prosecutors now prosecute significantly fewer cases. Those that are convicted can generally expect shorter sentences. The combined effect of all...
Read moreThe threat to personal data privacy is amplified with the widespread usage of biometric information in daily circumstances Biometric information like facial recognition, fingerprints, and voice and eye scans being collected by businesses can be hacked and manipulated, with the threat amplified following the proliferation of artificial intelligence, said a recent warning by the U.S. Federal Trade Commission (FTC). In...
Read moreU.S. congressional Republicans hold a news conference at 3:15 p.m. ET on May 23 to discuss the fentanyl epidemic and its impact on American lives. ...
Read moreBig box stores are now boxes at your doorstep. Commentary Whole server racks (the equivalent of whole forests in the print era) have been sacrificed to stories about “The Retail Apocalypse” and the “Death of Retail.” All the stories present a binary view: retail is dead; retail isn’t dead. The truth lies somewhere in between. Retail, broadly speaking, is doing...
Read moreWhatsApp has granted users one of its most awaited features—the ability to edit messages. “For the moments when you make a mistake or simply change your mind, you can now edit your sent messages on WhatsApp,” the Meta Platforms Inc-owned messaging app said in a blog post on Monday. With the feature rolling out globally in the coming weeks, senders...
Read moreHomes taking longer to sell while mortgage rates remaining persistently high point to signs of a housing market recession The U.S. housing market continued to show signs of decline as mortgage applications and sales of existing homes fell while properties are taking longer to get sold. Mortgage applications for new home purchases dropped by 11 percent in April 2023 compared...
Read moreA judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, U.S. District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he challenged “wrongs associated with” Musk’s...
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