Tag: The Epoch Times

State Farm Halts Issuing New Home Insurance Policies in California

Insurance company State Farm is halting new property insurance policies in the state of California as the firm battles inflationary pressures and increasing exposure to wildfire risks. In California, State Farm will “cease accepting new applications including all business and personal lines property and casualty insurance, effective May 27, 2023,” the firm said in a May 26 statement. The company ...

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Opposing Advice From Australia’s RBA Governor ‘Deliberately’ Leaked to Damage Government: Minister

SYDNEY, Australia—Assistant Minister to the Prime Minister, Patrick Gorman, said it was “disappointing” that the individual who leaked an exchange between Labor MPs and the Reserve Bank of Australia (RBA) Governor Philip Lowe, saying that they were trying to damage the government. “There’s plenty of ways to have a fight in Parliament. But breaching the confidentiality of a government committee ...

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Arizona Governor Accuses Previous Administration of ‘Illegally’ Allocating $50 Million in Government Funds

Arizona Gov. Katie Hobbs, a Democrat, has accused the previous state administration of misappropriating $50 million in government funds. The funds were part of what the federal government provided to Arizona under the $1.9 trillion “American Rescue Plan,” an effort by the Biden administration, signed into law in March 2021, that intended to mitigate the economic impacts of government-mandated restrictions and ...

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Trump and Conservatives Condemn Impeachment of Texas AG Ken Paxton

Former President Donald Trump and conservative heavy-hitters took to social media to defend Texas Attorney General Ken Paxton even as the GOP-led Texas House voted to impeach him. Republican Speaker Dade Phelan and fellow Republicans joined with Democrats to temporarily remove Paxton, a staunch GOP conservative, from office on accusations of bribery, obstruction of justice, and abuse of public trust. ...

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White House, Republican Leaders Reach Debt Ceiling Agreement ‘In Principle’

The White House and House Republicans have reached an agreement in principle, House Speaker Kevin McCarthy announced on Saturday evening. “We still have a lot of work to do. But I believe this is an agreement in principle that’s worthy of American people,” McCarthy told reporters on Capitol Hill. “That’s historic reductions in spending, consequential reforms that will lift people out ...

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The Illusion of Government Spending

Commentary Just about everywhere you go, you’re being encouraged to give money to an organization that needs it to operate and benefit people who are less fortunate than yourself. Our concept of helping is relinquishing our hard-earned money as a sacrifice for a greater good, which is a sacrifice we often gladly participate in. However, for us, the line of ...

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Regulators Take Aim at AI to Protect Consumers and Workers

NEW YORK—As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when they’re using AI. Already, automated systems and algorithms help determine credit ratings, loan terms, bank account fees, and other aspects of our financial lives. AI also affects hiring, housing, and working conditions. Ben ...

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Nury Turkel on the CCP’s War on Faith

The Chinese Communist Party (CCP) treats people of faith “as though they carry an infectious disease needs to be cured … ‘Reeducation’ is a code word for human reengineering,” says Nury Turkel, chair of the U.S. Commission on International Religious Freedom (USCIRF). He was born in a reeducation camp in China during the Cultural Revolution. It’s been 19 years since ...

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There’s No Justification for BC’s Continued War on Unvaccinated Health Workers

Commentary The threat of COVID-19 has passed. But the threat of COVID-19 policy remains for the thousands of health-care workers terminated as a result of their decision to refuse the COVID-19 genetic vaccines. And the threat of COVID-19 policy also remains for all British Columbians who wish to preserve our essential right to informed consent, and our essential freedom to ...

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Texas AG Ken Paxton Calls for Protests at State Capitol Ahead of Impeachment Vote

Texas Attorney General Ken Paxton has called on his supporters to “peacefully” protest at the state Capitol ahead of an expected impeachment vote Saturday afternoon that threatens to oust the state’s top prosecutor over alleged wrongdoings. Speaking at a news conference on Friday, Paxton decried the state’s efforts to remove him from office as an “illegal impeachment scheme,” arguing the ...

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Tresspassing TikTok Prankster Mizzy Charged Again 2 Days After Receiving Court Order

A teenage TikTok prankster was arrested and charged with breaching a court order two days after he was given the order for entering a private home without permission. Bacari-Bronze O’Garro, 18, known on social media platforms as Mizzy, appeared at Thames Magistrates’ Court on Saturday morning, three days after he had appeared at the same court. O’Garro pleaded not guilty to three counts ...

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150 Ways Biden Has Made It Harder to Produce Oil and Gas: Energy Institute Report

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, ...

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The G-7 Is a Burr in Xi Jinping’s Saddle

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, ...

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Alex Murdaugh’s Longtime Friend Admits Helping to Steal $4 Million Wrongful Death Settlement

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 ...

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International Securities Watchdog Proposes First Set of Rules for Crypto Sector

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 ...

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Biden Celebrates LSU Women’s and UConn Men’s Basketball Teams at Separate White House Events

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 ...

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