Tag: The Epoch Times

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 ...

House Lawmakers voted on July 19 to pass a bill banning public K-12 school facilities from being used to provide shelter for immigrants who entered into the United States illegally. H.R. 3941, also known as the “Schools Not Shelters Act,” was introduced earlier this month by Rep. Marc Molinaro (R-N.Y.) in an attempt to prevent New York Governor Kathy Hochul from ...

Lab grown “meat” may be potentially worse for the environment than actual beef and may have an even larger carbon footprint, according to a recent study. This follows the USDA’s approval of the FDA’s decision on June 21 to greenlight the sale of lab-grown meat to American consumers. GOOD Meat, a company that grows cell-based meat in its labs, announced in June ...

The persecution of the spiritual practice Falun Gong is still ongoing in China—and with help from corporate America  Commentary In a summer marked by the war ravaging Ukraine, rampant inflation, heat waves, and other global disruptions, one additional dismal human milestone must be acknowledged in all its horrific totality. July 20 marks the 24th year since the beginning of the ...

Johnson & Johnson’s must pay $18.8 million to a California man who said he developed cancer from exposure to its baby powder, a jury decided on Tuesday, a setback for the company as it seeks to settle thousands of similar cases over its talc-based products in U.S. bankruptcy court. The jury ruled in favor of Emory Hernandez Valadez, who filed ...

Republicans will vigorously fight a Democrat-backed bill that would regulate the Supreme Court when the Senate Judiciary Committee votes on the measure on July 20. “Tomorrow will be one hell of a fight,” Sen. Lindsey Graham (R-S.C.) said at a late afternoon press conference in the U.S. Capitol on July 19. “The effort by the Left to destroy the Court ...

Marc Benioff, the CEO of Salesforce, said in a recent interview published this week that San Francisco and the Bay Area are in trouble. Offering a dire outlook of the city, he said the downtown area is “never going back to the way it was” before COVID-19 when workers commuted to San Francisco’s offices on a daily basis. “We need ...

“I’ve communicated with some people inside of North Korea, and I heard from them that the recent famine is very similar to 1990s famine. And, as we all know, almost 3 million people died of starvation during that time.” Hyun-Seung Lee, otherwise known as “Arthur” Lee, is a former member of the North Korean ruling party. He and his family ...

“California seems hell-bent on medicalizing our children as a pretense to take them away from their parents. There’s some really bad bills in the legislature right now … Your child, as young as 12 years old, could be talking to a school counselor and say, ‘my parents don’t support my decisions,’ and that day, that child could be routed to ...

Commentary A favorite talking point from the Biden White House is that guns are the leading cause of death of children. The problem is that it is false. “The number one cause of death of the children in America is gun violence,” Vice President Kamala Harris claimed on June 2. Later the White House tweeted, “Guns are the #1 KILLER of CHILDREN.” President ...

House Republicans hold a press conference at 12:30 p.m. ET on July 19 to commemorate Israel’s 75th birthday following a Congressional joint meeting address by Israeli President Isaac Herzog. ...

The U.S. Commerce Department has placed two European-based Israeli-owned spyware companies on its trade blacklist, citing national security concerns. Intellexa S.A. in Greece and its entity Intellexa Limited in Ireland, and Cytrox AD in North Macedonia, along with its entity Cytrox Holdings Crt in Hungary, were added to the technology export blacklist, the Commerce Department said in a July 18 ...

The New York Federal Reserve Bank said more Americans had their credit applications rejected last month at levels not seen in years. The New York Fed reported on July 16 added that fewer people across the country also sought to borrow. The report was part of the bank’s monthly Survey of Consumer Expectations, which is taken every four months to assess credit access ...

Artificial intelligence could come with both advantages and risks in the financial system, cautions the Federal Reserve’s chief banking regulator. Michael S. Barr, the Fed Vice Chair for Supervision, told the National Fair Housing Alliance 2023 National Conference on July 18 that underserved communities could have greater access to housing because AI technology, such as machine learning, might ensure affordable ...

TikTok officials have admitted to an Australian government inquiry that China-based employees can change the social media app’s algorithm. This is the first time officials from the company have made the admission, which has raised increasing questions about the reach of the Chinese regime into foreign societies through the app. Appearing before the Select Committee on Foreign Interference Through Social Media ...