Economy
- by: The Associated Press
- Source:
The Epoch Times
- 04/22/2024
Tesla Cuts US Prices for 3 of Its Electric Vehicle Models After a Difficult Week
Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric […]
- by: Reuters
- Source:
The Epoch Times
- 04/18/2024
Google Lays Off Employees, Shifts Some Roles Abroad Amid Cost Cuts
Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs. The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify […]
- by: Naveen Athrappully
- Source:
The Epoch Times
- 04/15/2024
Biden Spending $300 Million on Sanctuary Cities
Millions of illegal immigrants have entered the country during the Biden administration, posing significant economic and social challenges.
- by: Katabella Roberts
- Source:
The Epoch Times
- 04/11/2024
Elon Musk Says Congress Has Inquired About X’s Actions in Brazil
The owner of X challenged a court order in Brazil requiring the removal of certain accounts on the social media platform.
- by: Stephen Katte
- Source:
The Epoch Times
- 04/09/2024
Musk Says Starlink Will Be Free for Brazil Schools If Government Cancels Contract
Many schools in Brazil reportedly use the company to provide internet access to their citizens.
- by: Emel Akan
- Source:
The Epoch Times
- 04/08/2024
Biden to Announce Student Debt Relief Plan for Millions of Americans
The Biden administration aims to begin canceling interest balances for borrowers early this fall, before the election.
- by: Andrew Moran
- Source:
The Epoch Times
- 04/05/2024
US Adds 303,000 New Jobs in February as Unemployment Rate Remains Below 4 Percent
The labor market remains solid, proving to be a challenge for the Federal Reserve.
- by: The Associated Press
- Source:
The Epoch Times
- 04/04/2024
Amazon Is Cutting Hundreds of Jobs in Its Cloud Computing Unit AWS
Amazon said Wednesday it’s cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift. The company will trim “a few hundred roles” in the team that overlooks technology for physical stores, a move that comes just a day after Amazon said it was ditching Just Walk Out technology in […]
- by: Katabella Roberts
- Source:
The Epoch Times
- 03/29/2024
Biden’s Greenhouse Gas Emissions Rule for Vehicles Struck Down by Texas Judge
Judge James Hendrix said the Biden administration lacked authority under law to impose the gas emissions rule.
- by: Melanie Sun
- Source:
The Epoch Times
- 03/29/2024
White House Approves $60 Million in Aid for Baltimore Key Bridge Collapse
The devastation left behind after the powerless cargo ship struck a critical bridge support pillar is extensive.
- by: Stephen Moore
- Source:
The Epoch Times
- 03/27/2024
Biden Administration Takes a Swipe at Credit Card Industry
Commentary The Biden administration regulators see a monopoly boogeyman behind the curtain of nearly every business merger and acquisition—from airlines to cellphones to chicken producers. Now they’re trying to stop Capital One from acquiring the credit card company Discover. That’s a bizarre cease-and-desist order, because this acquisition by Capital One would INCREASE rather than inhibit […]
- by: Jill McLaughlin
- Source:
The Epoch Times
- 03/26/2024
California’s Average Gas Price Reaches $5 a Gallon
The state’s price has hit $4.99, 17 cents more than last year. In Los Angeles and San Francisco it’s even higher.
- by: Monica O’Shea
- Source:
The Epoch Times
- 03/22/2024
Audi Issues 2nd Recall for Battery Fire Risk
The company warned its high voltage battery could experience a ‘thermal overload’ if charged to maximum capacity.
- by: Law Ka-chung
- Source:
The Epoch Times
- 03/21/2024
Recession and Inflation: More Likely for Both Be Present Than Both Absence
Commentary While the Federal Reserve and Janet Yellen thought they had overcome high inflation, inflation began to bottom out but now has signs to reflate. This is exactly the story of stagflation in the 1970s, where, at that time, the Federal Reserve also thought it had overcome inflation but, in fact, had not. Inflation is […]
- by: Nina Nguyen
- Source:
The Epoch Times
- 03/07/2024
Tesla Exits Australia’s Car Lobby Group Over Emissions Stand-Off
The car lobby has opposed the Labor government’s new vehicle emissions scheme as it would drive up car prices, but Tesla said the lobby has ‘misled’ consumers.
- by: Thomas Stevenson
- Source:
The Post Millennial
- 03/05/2024
California moves to allow illegals immigrants to ‘buy’ homes with no payment, zero-down loans
The bill allows illegal immigrants to qualify as first-time home buyers and get loans up to 20 percent of the price of a house and the loan does not accrue interest or require monthly payments.