Tag: The Epoch Times

The Biden administration has implemented multiple policies that have harmed America’s domestic energy production and weakened the country’s standing internationally leading to gas shortages and the highest-ever prices in the nation’s history. “President Biden and the Democrats in Congress have a plan for American energy: make it harder to produce and more expensive to purchase. Since Mr. Biden took office, ...

Commentary The communist Chinese pour cold water on the actions and pronouncements of any international body that excludes China from participation. This is particularly true of intergovernmental organizations that can greatly affect the world economy, as the so-called Group of Seven is meant to do under the leadership of the United States. Since Xi Jinping openly aspires to world leadership, ...

CHARLESTON, S.C.—A longtime friend of convicted murderer Alex Murdaugh admitted Thursday he helped his old college roommate steal more than $4 million meant for a wrongful death settlement after Murdaugh’s housekeeper died in a fall. Cory Fleming, 54, pleaded guilty to conspiracy to commit wire fraud in federal court. He faces up to five years in prison and a $250,000 ...

The International Organization of Securities Commissions (IOSCO) has released its recommendations for the first global approach to regulating cryptocurrency-based assets and digital markets. The IOSCO released a report (pdf) on May 23 that includes 18 policy recommendations that aim to incorporate established safeguards from mainstream markets to eliminate conflicts of interest between the different parts of a crypto transaction. The ...

WASHINGTON—All of the past drama and sore feelings associated with Louisiana State’s (LSU) invitation to the White House were seemingly forgotten or set aside Friday as President Joe Biden and First Lady Jill Biden welcomed the championship women’s basketball team to the mansion with smiles, hugs, and lavish praise all around. The visit had once appeared in jeopardy after Jill ...

Join me for a live Q&A with Cindy Drukier, director and writer of “The Unseen Crisis” documentary—and of course, my much better half. We’ll be diving into our journey of making the film, what didn’t make it in, and everything you want to know. Post your questions in the live chat!

Commentary Can California further socialize the raising of children, reducing the parents’ role even more? Yes, it can. In the May Revision to his budget proposal for fiscal year 2023-24, Gov. Gavin Newsom advances what’s called “Whole Child” health care: “The state is reasonably positioned to sustain the continued multi-year implementation of the California for All Kids plan—a whole child ...

Texas Attorney General Ken Paxton is facing possible impeachment after a Texas House committee voted unanimously to recommend the move following several hours of testimony regarding his alleged wrongdoings. Late on May 25, the House General Investigating Committee filed 20 articles of impeachment against the state’s top prosecutor (pdf). The accusations against Paxton, 60, include misuse of official powers, bribery, and ...

Commentary The woke apparatus has created an entire arbitrary language structure that is built upon a shifting foundation of sand. Let us count the ways at how this partial list of convoluted terms ought to be debunked. First, wokesters utilize “critical race theory” (CRT) to infiltrate our key institutions. CRT evolved out of the Marxist Frankfurt School in Germany and made ...

Five U.S. senators, including two Democrats, two Republicans, and independent Sen. Bernie Sanders, are seeking a Department of Defense (DoD) investigation into allegations of price gouging by U.S. arms manufacturers. A CBS News “60 Minutes” report this week claimed systemic price gouging practices were used by major arms manufacturers such as Lockheed Martin, Boeing, and Raytheon, as well as major ...

Mortgage rates in the United States have hit the highest level in six months while loan applications and home sales are declining. The average 30-year fixed-rate mortgage rate hit 7.12 percent on May 25, according to a May 25 post by Mortgage Daily News (MDN). The previous high of 7.10 percent was hit on March 2. This is also the ...

Commentary “If the Govt. is to be lasting, it must be founded in the confidence & affections of the people …”—George Mason, at the Constitutional Convention, Aug. 13, 1787. George Mason of Virginia helped construct the Constitution. He then opposed ratifying the very document he helped construct. Through both courses of action, he strongly influenced the Constitution’s final form. Mason ...

The outlook of Americans towards their retirement plans has worsened over the past year according to a recent Gallup poll, with concerns about rising prices and recession sapping away optimism. The expectations of non-retired Americans for a comfortable retirement are now at their “most pessimistic” level since 2012, falling by 10 percentage points since 2021, said a May 25 survey ...

House Speaker Kevin McCarthy (R-Calif.) declared on May 25 that he will stay in Washington, D.C. “for as long as it takes” in an effort to come to an agreement on the debt ceiling that’s “worthy of the American people.” McCarthy took to Twitter amid the ongoing political deadlock where he penned, “I’m staying in DC to fight for an agreement that’s ...

A senior Twitter engineer resigned on Thursday following glitches that marred the highly anticipated Twitter Spaces event in which Florida Gov. Ron DeSantis announced his presidential bid. Foad Dabiri, whose LinkedIn profile says he is Twitter’s engineering lead for growth, announced his resignation but did not mention what prompted the move. In his resignation statement, Dabiri reflected on his time ...

The unofficial start of the summer travel season is here, with airlines hoping to avoid the chaos of last year and travelers scrounging for ways to save a few bucks on pricey airfares and hotel rooms. Some travelers say they will settle for fewer trips than they hoped to take, or they will drive instead of fly. Others are finding ...

Ron DeSantis and his presidential campaign have remained upbeat despite his glitch-ridden announcement on May 24. The largest crowd ever tried to sign in to his announcement’s audio room on Twitter Spaces and crashed it. That led to several stoppages, a 25-minute delay, and finally, a reboot in which far fewer people were admitted than had initially tried to get ...

NEW YORK—Wall Street’s building frenzy around artificial intelligence helped yank the stock market higher Thursday, even as worries worsen about political rancor in Washington. The S&P 500 rallied 0.9 percent after chipmaker Nvidia gave a monster forecast for upcoming sales as it benefits from the tech world’s rush into AI. It helped the Nasdaq composite leap 1.7 percent, while the ...

Commentary Numerous stories show California’s mass transit is suffering big problems. And that’s not even counting the High-Speed Rail boondoggle. On May 22, Calmatters provided a summary, noting transit agencies are seeking $5.5 billion more in operating funds, even as the state faces a budget deficit of at least $31.5 billion. But here’s a solution: more jitneys. They are private ...

Commentary I am fully aware that probably some 8 out of 10 people do not appreciate media pieces that are heavily focused on numbers. When I practiced as a Certified Public Accountant and Certified Financial Planner, I realized that most people need professional assistance for many of their fiscal decisions. Watching personal finances is critical. But, our focus should also ...