Tag: The Epoch Times

Commentary Alberta Premier Danielle Smith seems to enjoy swimming upstream while rocking the boat. She has set her sights on the most sacred of Canadian cows, the health-care system. People had better sit up and pay attention to what Smith’s up to, as her success or failure in reforming Alberta’s health-care system will set the standard for other provinces. Danielle ...

U.S. mortgage rates dropped from an eight-month high, after nearing 7 percent last week, as inflation slows ahead of next week’s Federal Reserve policy meeting. The Fed’s aggressive interest-rate hike policy sent mortgage rates well above 7 percent last year, causing the once booming housing market to crash. Rates have been slow to decline from the nearly two-decade high, forcing many potential buyers out ...

“This is the new technology of speech in America: You can dial people all the way up to ‘everybody sees it,’ and you can dial someone else down to ‘it’s almost impossible to see them.’ And that is extremely dangerous, and it’s especially dangerous if it’s done in secret and nobody knows exactly how it operates.” In this episode, Jan ...

Twitter filed a request to subpoena communications between Sen. Elizabeth Warren (D-Mass.) and the U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC), escalating a legal battle surrounding the social media company’s human resource practices after Elon Musk bought out the company. Twitter’s subpoena request comes as a response to a letter Ms. Warren sent to the SEC ...

Commentary The U.S.-China chip war is heating up. The world’s two largest superpowers are clashing over semiconductors that determine increasingly more of our lives, from when the smart toaster pops in the morning to what we write to our friends, family, and colleagues using ChatGPT in the afternoon. The latest silicon wafers, with transistors as tiny as a virus, fuel ...

The Biden administration on Thursday announced it will hold an offshore wind energy auction in the Gulf of Mexico in August, the first such sale in the area. The three leases are located off the Texas and Louisiana coasts. These areas have the potential to generate approximately 3.7 gigawatts (GW) and power almost 1.3 million homes, according to the U.S. Department ...

Eviction filings are rising in several American cities, according to recent data collected by the Princeton University Eviction Lab. Princeton’s Eviction Tracking System has been keeping track of eviction filings across the United States since 2000 when the lab started to publish its findings. The findings are based on (pdf) tens of millions of public records from state and county databases. After a lull during ...

Former President Donald Trump on Wednesday hosted a screening of the film “Sound of Freedom” with actor Jim Caviezel, producer Eduardo Verástegui and Operation Underground Railroad’s Tim Ballard, whom the movie about child sex trafficking was based upon. The event, which took place outside his club in Bedminster, New Jersey, had the presidential nominee kicking off the evening in his ...

WeChat has only hours left to respond to an Australian government inquiry after it refused to front a parliamentary inquiry earlier this month. Chair of the Senate Select Committee on Foreign Interference through Social Media, Senator James Paterson, said that he has sent WeChat detailed series of questions after it failed to appear to give evidence. “WeChat and its parent ...

Google is testing a new artificial intelligence tool that can write helpful news articles, in the latest sign that the technology may transform or potentially replace some white-collar professions. Google’s upcoming “Genesis” AI tool is being designed to act as a helpmate for journalists in the newsroom, anonymous sources told The New York Times in an exclusive July 19 report. The Times article ...

Commentary Keeping track of your personal finances is important. But, we should also pay attention to the financial well-being of our local cities, as it can impact the community. Until now, we’ve looked at Southern California cities in six counties: Orange, Los Angeles, Riverside, San Bernardino, San Diego, and Imperial. As the city of Huntington Park in Los Angeles County ...

Former President Donald Trump alleged President Joe Biden is “compromised” because of his connections to Ukraine, and came out forcefully against the country’s possible admission into NATO. Mr. Trump, who is running to regain the presidency, made that statement in a video posted on his campaign’s official Twitter account on July 20. The statement was released just as Republican lawmakers ...

“Sound of Freedom” actor Jim Caviezel went on Fox and Friends Thursday to promote his new film, praising former President Donald Trump in the process. On the topic of child trafficking, Mr. Caviezel said, “We’ve got to do a lot more,” and added that “We’ve got to start with Donald Trump.” Mr. Caviezel elaborated that Mr. Trump needed to be ...

Alleviating Canada’s housing affordability crisis revolves around increasing the supply of homes. But with Ontario’s environment of rising interest rates, labour shortages, high input costs, and even inter-provincial migration out of the bigger cities, analysts are suggesting solutions range from incentives for developers and builders to re-thinking land-use policies. Ontario has a goal of building 1.5 million new homes by ...

Rental markets across the United States are reportedly beginning to cool, but Florida is likely to remain an exception thanks to the combination of enduring high demand and an inflated cost of living. A recent survey shows nationwide renter’s markets are down more than 33 percent compared with last year. Florida’s median rent for June was more than 1 percent less ...

Food and shared mealtimes have the power to bring families and friends together. Social media platform “Gan Jing World” has launched a competition celebrating the power of food and fun called #MealtimeTogether. The competition started on July 10 and runs through Aug. 31. Participants are encouraged to share their own memories of good times and togetherness over food, suggestions for meal-planning ...

Options as Investments The owner of a call option has paid a dollar or so for the right to buy 100 shares of XYZ corporation’s stock (currently selling at $100/share) from the owner who sold the call option for $102/share at any time within a specified period, such as a year. The buyer knows that in most years the price ...

The number of housing starts tumbled last month, despite signs that the home sales market is heating up again after falling. Housing starts take into account the change in the number of new residential buildings beginning construction. New single-family home construction fell 8 percent from May to June, according to July 19 report from the U.S. Census Bureau. Starts are now at ...

Commentary China released its latest GDP figure showing strong 6.3 percent year-on-year growth in the second quarter. There is, of course, a low base effect in play, given the 0.4 percent year-over-year growth in 2022Q2. A simple way to adjust such an effect is to sum the two numbers that differ by four quarters. The growth in 2022Q1 and 2023Q1 ...

Republicans on the House Homeland Security Committee released a scathing report on Wednesday evening accusing DHS Secretary Alejandro Mayorkas of intentional “dereliction of duty” in securing the nation’s borders. The GOP interim report claims Mr. Mayorkas has “actively encouraged and facilitated mass illegal immigration,” neglecting his sworn oath to “control and guard” the borders. The investigation, initiated earlier under Chair ...