Economy
- by: Reuters
- Source:
The Epoch Times
- 12/05/2023
Oil Prices Rise on Uncertainty Over OPEC+ Cuts and Middle East Tensions
LONDON—Oil prices jumped by nearly 1 percent on Tuesday, lifted by uncertainty over voluntary output cuts by the OPEC+ group of producers, tensions in the Middle East, and some encouraging economic signals in Europe. Brent crude futures rose 63 cents, or 0.8 percent, to $78.66 a barrel by 0946 GMT. U.S. West Texas Intermediate crude […]
- by: Tom Ozimek
- Source:
The Epoch Times
- 11/30/2023
IRS Warns Taxpayers That Hiring of Tax Enforcers Will ‘Ramp Up’ Soon
Internal Revenue Service is looking to tap into billions of extra federal funding to rebuild its capacities, including the expansion of “enforcement work”.
- by: The Associated Press
- Source:
The Epoch Times
- 11/28/2023
Google Will Start Deleting ‘Inactive’ Accounts in December—Here’s What You Need to Know
NEW YORK—Have a Google account you haven’t used in a while? If you want to keep it from disappearing, you should sign in before the end of the week. Under Google’s updated inactive-account policy, which the tech giant announced back in May, accounts that haven’t been used in at least two years could be deleted.
- by: Jan Jekielek, Samantha Flom
- Source:
The Epoch Times
- 11/28/2023
‘Dirty Jobs’ Host Mike Rowe: It’s Time to Rethink Society’s Definition of a ‘Good Job’
The “Dirty Jobs” host says society must rethink its perceptions of higher education and skilled trades to address the current labor shortage.
- by: Naveen Athrappully
- Source:
The Epoch Times
- 11/27/2023
Police Warn Parents About iPhone’s New ‘NameDrop’ Feature
The feature, which can be exploited by predators, comes turned on by default, but can be disabled.
- by: Reuters
- Source:
The Epoch Times
- 11/27/2023
US Dollar Listless as Markets Brace for Post-Thanksgiving Buzz
LONDON—The U.S. dollar began the last week of November on the back foot and was on track for its biggest monthly drop in a year as traders eyed fresh economic cues in the week ahead to determine the future path of policy rates. A postponed OPEC+ meeting, the release of the Federal Reserve’s tracked measure […]
- by: Robert Backer
- Source:
The Epoch Times
- 11/24/2023
Elon Musk’s Brain Implant Coming: What Are the Risks?
Elon Musk’s brain implant promises to be available to the average person and eliminate a host of ailments. Learn what’s involved.
- by: Reuters
- Source:
The Epoch Times
- 11/24/2023
Dollar Eases in Thin Black Friday Trading on Bets Rates Have Peaked
LONDON/SINGAPORE—The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher after Japan’s core consumer price growth picked up, reinforcing views that the Bank of Japan (BOJ) may soon roll back monetary stimulus. With U.S. markets closed on Thursday for the Thanksgiving holiday and due for a shorter […]
- by: Reuters
- Source:
The Epoch Times
- 11/23/2023
US Mortgage Interest Rates Fall to 2-Month Low
The average interest rate on the most popular U.S. home loan fell last week to its lowest level in two months as Treasury market yields, which act as a benchmark for mortgage rates, continued to move lower on the back of cooling inflation and a softening economy. The average contract rate on a 30-year fixed-rate […]
- by: Reuters
- Source:
The Epoch Times
- 11/23/2023
Euro Bounces as Investors Cling to Sliver of Positive Eurozone Data
LONDON—The euro rose on Thursday for the first time this week, after data suggested the downturn in the eurozone economy may be starting to ease, although holidays in the United States and Japan kept trading activity muted. With markets shut in Japan and the United States for Thanksgiving holidays, currencies traded with some volatility, as […]
- by: Reuters
- Source:
The Epoch Times
- 11/22/2023
Dollar Edges Up From 2–1/2 Month Low After Fed Minutes
LONDON—The dollar rebounded from a 2–1/2 month low on Wednesday as the minutes from the Federal Reserve’s last meeting hinted that interest rates would likely remain restrictive for some time, even as the rate-hike cycle appeared to be over. The Fed minutes showed the central bank would proceed “carefully” and that “all participants judged it […]
- by: Reuters
- Source:
The Epoch Times
- 11/21/2023
Yen Jumps and Dollar Slips as Traders Eye Interest Rate Tweaks
LONDON/SINGAPORE—The yen rallied against the dollar for a fourth straight session on Tuesday as investors positioned for the possibility that the Bank of Japan will tighten monetary policy next year while the Federal Reserve loosens. The dollar hit its lowest level since mid-September at 147.16 yen and was last down 0.61 percent at 147.45. More […]
- by: Katabella Roberts
- Source:
The Epoch Times
- 11/21/2023
Amazon Launches Free AI Courses for Millions Amid Growing Demand for AI-Savvy Workforce
Amazon plans to train and educate millions of people across the globe on artificial intelligence (AI) for free, the company announced on Nov. 20. The tech giant plans to offer the free training amid what it says is a growing need for an AI-savvy workforce, according to a press release. The company cited a recent study […]
- by: Frank Fang
- Source:
The Epoch Times
- 11/20/2023
Musk Responds to Allegations of Anti-Semitism: ‘Nothing Could Be Further From the Truth’
Tech billionaire Elon Musk on Sunday criticized “bogus media stories” for allegations that he was anti-Semitic, following his response to a controversial social media post last week. “This past week, there were hundreds of bogus media stories claiming that I am antisemitic,” Mr. Musk wrote in a post on X, formerly known as Twitter. “Nothing […]
- by: Naveen Athrappully
- Source:
The Epoch Times
- 11/20/2023
‘New Years’ Nightmare’: IRS Targets Gig Workers, Sends 30 Million New Tax Forms
The agency is charging new taxes on Americans who make a side income of more than $600 from activities like online selling or freelance work.
- by: Reuters
- Source:
The Epoch Times
- 11/16/2023
Oil Prices Slip on US Crude Build and China Demand Worries
Oil prices edged lower on Thursday, extending losses from the previous session as signals of higher supply from the United States met concern over lacklustre energy demand from China. Brent futures were down 23 cents at $80.95 a barrel by 1101 GMT. U.S. West Texas Intermediate crude (WTI) shed 27 cents to $76.39. Both benchmarks […]