Tag: The Epoch Times

Following another interest rate hike and higher odds for more tightening, the residential property market’s recovery may be cut short. The Reserve Bank of Australia (RBA) hiked by another 25 basis points on Tuesday, taking the cash rate to 4.1 percent, and kept its options wide open to keep going if deemed necessary. While interest rates have still been heading ...

TULSA, Okla.—Republican governor and presidential candidate Ron DeSantis of Florida brought his campaign to Oklahoma this weekend where he picked up fellow Republican Gov. Kevin Stitt’s endorsement and told voters his plan to turn the country around. Stitt compared DeSantis’s administration to his own work in Oklahoma. He said both states resisted mask mandates, both are pro-life, and both oppose ...

After repeated complaints of high schoolers causing trouble at San Clemente’s public beaches—with an attack on three off-duty marines by a group of teenagers over Memorial Day weekend making national headlines—city officials voted unanimously on June 6 to close the city’s beaches two hours earlier than the current midnight schedule. “I think this issue from a public safety point of ...

New Mexico has settled with Walgreens for $500 million over the pharmacy’s role in giving highly addictive prescription opioid painkillers without due attention to prescriptions raising concerns for drug abuse and addiction. Opioids include legal painkillers such as OxyContin, and various forms of the drug fentanyl. Fentanyl, a highly addictive and potent synthetic opioid, was first approved by the Food ...

Popular American restaurant chain Cracker Barrel Old Country Store is attracting criticism after promoting Pride Month—with some customers vowing to never eat at their stores again. Cracker Barrel recently made an Instagram post showing a rainbow-painted chair at one of its restaurants. “We are excited to celebrate Pride Month with our employees and guests. Everyone is always welcome at our ...

The Supreme Court is expected this month to make a major ruling on affirmative action. To understand the case, we sat down with Kenny Xu, an insider in the lawsuit and president of Color Us United. He is the author of “An Inconvenient Minority” and the upcoming book “School of Woke.” We also discuss his recent investigations into the dumbing ...

Commentary For decades we have heard the old Washington saying about our two political parties. The Democrats were the evil party, the Republicans the stupid party. It was a nasty crack, but, basically, it fit. Still, we lumbered along. Until now. With the multiple indictments of Donald Trump, the most recent ones from no less an authority than a special ...

KANSAS CITY, Mo.—Two people are dead and a third person is injured after a shooting involving a Kansas City police officer Friday night, but few details were immediately available. The shooting happened after an officer called for help shortly before 9 p.m. near a McDonald’s restaurant in eastern Kansas City. Missouri State Highway Patrol spokesman Sgt. Andy Bell said the ...

Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on Amazon’s platform, a federal judge in Seattle ruled on Thursday. In his ruling, U.S. District Judge John Coughenour rejected bids from Apple and Amazon to dismiss the prospective class action on various legal ...

Commentary China’s Belt and Road Initiative (BRI) is an ill-defined international development program that includes export activities and political influence operations by the regime in Beijing. With a reported $1 trillion of spending, which could eventually become $8 trillion, BRI has hit major speed bumps of late. Italy, which is the only G-7 country involved in BRI, is finally considering ...

The FBI on Thursday arrested a businessman in the wake of Texas Attorney General Ken Paxton’s impeachment, a move that came amid new questions about the men’s dealings raised by financial records the Republican’s lawyers made public to try to clear him of bribery allegations. Real estate developer Nate Paul, 36, was taken into custody by federal agents Thursday afternoon. ...

Acting Labor Department Secretary Julie Su was grilled by Congress over the trafficking of unaccompanied alien children (UACs) to be used as illegal labor within the United States. Rep. Jim Banks (R-Ind.) was scathing of the Labor Department’s approach to the issue during a House committee hearing on child migrant labor on June 7. Many of the children were released ...

Democrats have introduced a bicameral proposal to overhaul the debt ceiling process, leaning heavily into the recent default scare to push a bill that would essentially let Treasury ignore the debt cap and continue writing cheques with no limit. The Debt Ceiling Reform Act, introduced jointly on Friday by Rep. Brendan Boyle (D-Pa.) and Sen. Dick Durbin (D-Ill.), authorizes the ...

While 2022 was a ‘blow-out year’ for climate and race initiatives, 2023 is not This year’s spring season of shareholder voting is leading some to believe that the tide may be turning against the left-wing corporate pressure campaign that goes under the awkward moniker of Environmental, Social and Governance, or ESG. “The big story this year is the drop in ...

Commentary I feel sorry for college students today. Tuition and other costs keep going up and up. The latest: California State University is proposing at a tuition increase from $174 to $462 a year, plus future increases. Current tuition is $5,742 a year. So in fall 2024 the cost could be as high as $6,204, or 8 percent higher. The ...

BURBANK, Calif.—Two North Hollywood men have been arrested for allegedly carjacking a pizza delivery driver at gunpoint in Burbank, police said June 9. The crime occurred on Tuesday about 4:25 p.m. in the 1500 block of North Naomi Street, according to the Burbank Police Department. “The victim, who works for Domino’s Pizza, told officers he was delivering an order to ...

Former President Donald Trump could theoretically pardon himself after he was indicted in a federal investigation connected to whether he mishandled classified records, according to George Washington University law professor Jonathan Turley. Speaking to Fox News, Turley said that for the 2024 election, “Trump could run on pardoning himself. You know, for people that feel that this is biased, that this ...

The percentage of homes purchased by real estate investors fell 49 percent  compared with what they bought a year before, and overall home purchases fell 41 percent, according to real estate brokerage Redfin, which analyzed date from 40 major metros. Something that may have led investors to retreat from the housing market likely are rising interest rates. Even though investors buy ...

A senator is sounding the alarm about China’s fashion retailer Shein, alleging it is using forced labor in its clothing supply chains and is lobbying to dismiss the claim. “I write to make you aware of actions by Shein, an apparel company founded in China that profits from Uyghur slave labor. Shein is hiring D.C. lobbyists to protect the trade ...

Louisiana is the latest state to require persons under 18 years old to have their parents’ permission to create an online account. Over the past year, legislators across the country have been increasingly concerned about the effects of social media on the mental health of children, encouraging a wave of proposed online safety laws for minors. The Louisiana Legislature unanimously ...