Economy
- 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.
- by: Reuters
- Source:
The Epoch Times
- 03/05/2024
American Airlines Places Its Biggest Plane Order in More Than a Decade
NEW YORK—American Airlines on Monday unveiled its biggest plane order since 2011, buying 260 new jets from Airbus, Boeing, and Embraer as it looks to increase earnings by capitalizing on booming demand for premium travel. The deal includes 85 Airbus A321neo jets, 85 Boeing 737 MAX 10s, and 90 Embraer E175 aircraft. The order also […]
- by: The Associated Press
- Source:
The Epoch Times
- 02/22/2024
Amazon to Be Added to the Dow Jones Industrial Average, Replacing Walgreens Boots Alliance
NEW YORK—Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. The e-commerce giant will replace drugstore operator Walgreens Boots Alliance in the Dow before the open of trading on Monday, S&P Dow Jones Indices said Tuesday. The shift was […]
- by: Katabella Roberts
- Source:
The Epoch Times
- 02/15/2024
NYC Sues Social Media Companies for Allegedly Fueling Youth Mental Health Crisis
New York City spends more than $100 million on youth mental health programs and services each year, according to the mayor’s office.
- by: Katabella Roberts
- Source:
The Epoch Times
- 02/14/2024
Biden Admin Finalizes 2 Oregon Coast Areas for Floating Offshore Wind Farms
BOEM said it finalized the two areas after consulting with local tribes, but the tribes refute those claims, saying their concerns were ignored.
- by: Katabella Roberts
- Source:
The Epoch Times
- 02/07/2024
Elon Musk Says Biden Gaslighting Americans After President Blames Trump for Border Crisis
President Biden has touted the bipartisan border security bill as a ‘win for America.’
- by: Ryan Morgan
- Source:
The Epoch Times
- 02/06/2024
7 House Democrats Join Republicans Urging Biden Reverse on Natural Gas Export Pause
As European allies have turned from Russia to the United States for their natural gas, the lawmakers are questioning why the president would pause US supply.
- by: Alfred Bui
- Source:
The Epoch Times
- 02/05/2024
Energy Sector Calls on Government to Abolish Wholesale Gas Price Caps
Energy producers believed it was time for the government to lift restrictions on the market to ensure sufficient gas supply for Australia’s east coast.
- by: Tom Ozimek
- Source:
The Epoch Times
- 02/02/2024
Musk Says Tesla Shareholders Will Vote on Moving Company From Delaware to Texas
Elon Musk said Tesla shareholders will vote on moving Tesla’s state of incorporation from Delaware to Texas after a Delaware judge voided his pay package.
- by: Katabella Roberts
- Source:
The Epoch Times
- 02/01/2024
EBay Reaches $59 Million Settlement Over Pill Presses Sold Online Amid Opioid Epidemic
E-commerce giant eBay has agreed to pay $59 million to resolve allegations that the company violated the Controlled Substances Act (CSA) in connection with thousands of pill press machines that were sold on the platform, the Department of Justice announced on Jan. 31. The San Jose, California-headquartered company also agreed to enhance its compliance program […]
- by: Katabella Roberts
- Source:
The Epoch Times
- 02/01/2024
Meta CEO Zuckerberg Apologizes to Parents at Intense Senate Hearing
Parents told lawmakers that their children had been exploited, bullied, or molested online while using one of Mr. Zuckerberg’s many platforms.
- by: Caden Pearson
- Source:
The Epoch Times
- 01/30/2024
Musk’s Neuralink Implants First Brain Chip in Human
‘Initial results show promising neuron spike detection,’ he said.
- by: The Associated Press
- Source:
The Epoch Times
- 01/30/2024
Amazon’s Bid to Buy Roomba Maker iRobot Is Called Off Amid Pushback in Europe
LONDON—Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles” after the European Union signaled its objection to the deal. The companies said in joint statement that they were disappointed but mutually agreed to terminate the acquisition. The deal faced antitrust scrutiny on both sides of the […]
- by: Stephen Katte
- Source:
The Epoch Times
- 01/22/2024
Georgia’s Kemp Says More Renewable Energy Needed to Fuel EV Manufacturing in the State
Gov. Brian Kemp says his state has taken significant steps toward decreasing its use of coal, natural gas, and oil to generate electricity.