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Economy

  • Treasury Warns Social Security Fund Will Run Out of Money by 2033
    Treasury Warns Social Security Fund Will Run Out of Money by 2033
    A new government report shows that the Social Security system's main trust fund will be depleted by 2033, one year sooner than a prior estimate, adding to concerns about the ...
    April 1, 2023BY Tom Ozimek
  • US Electric Vehicle Tax Credits Get Tougher to Navigate
    US Electric Vehicle Tax Credits Get Tougher to Navigate
    Claiming a tax credit for your electric vehicle may soon get more complicated. The Treasury Department and the ...
    April 1, 2023BY Nathan Worcester
  • IRS Says Major Changes Are Coming to Electric Vehicle Tax Credits Next Month
    IRS Says Major Changes Are Coming to Electric Vehicle Tax Credits Next Month
    The Internal Revenue Service (IRS) announced Friday that it would propose rules that would make it more difficult ...
    March 31, 2023BY Jack Phillips
  • Barclays Warns of ‘Second Wave’ of Deposit Outflows as ‘Sleepy’ Depositors Awake and Run for Exits
    Barclays Warns of ‘Second Wave’ of Deposit Outflows as ‘Sleepy’ Depositors Awake and Run for Exits
    After a month of uncertainty, Barclays warned that a "second wave" of deposit outflows is increasingly likely, a ...
    March 31, 2023BY Bryan Jung
  • 21 State AGs Warn 53 Banks Against Adopting the ESG Scoring Systems
    21 State AGs Warn 53 Banks Against Adopting the ESG Scoring Systems
    A group of attorneys general (AG) representing 21 states have issued a letter to 53 of the largest ...
    March 31, 2023BY Ryan Morgan
  • Elon Musk Sounds Alarm About US Dollar: ‘Serious Issue’
    Elon Musk Sounds Alarm About US Dollar: ‘Serious Issue’
    Telsa and Twitter owner Elon Musk this week sounded the alarm about the primacy of the U.S. dollar ...
    March 31, 2023BY Jack Phillips
  • Plan for Chinese Electric Vehicle Battery Plant Sparks Opposition in Rural Michigan
    Plan for Chinese Electric Vehicle Battery Plant Sparks Opposition in Rural Michigan
    The possible construction of a new lithium-ion battery factory in their backyard has presented the people of rural ...
    March 31, 2023BY Steven Kovac
  • Yellen Warns Next Crisis Could Come From ‘Shadow Banks’ and Regulators Must Act
    Yellen Warns Next Crisis Could Come From ‘Shadow Banks’ and Regulators Must Act
    Treasury Secretary Janet Yellen on Thursday said banking rules may need to be tightened after the recent failures ...
    March 31, 2023BY Tom Ozimek
  • Used-Car Prices Are Back Up Again This Month, After Easing for Nearly a Year
    Used-Car Prices Are Back Up Again This Month, After Easing for Nearly a Year
    Used-car prices in the United States have gone back up again in March, after easing for months. The ...
    March 30, 2023BY Bryan Jung
  • Experts Advocate Eventual End to Single-Use Plastics, but Composites May Be Safe
    Experts Advocate Eventual End to Single-Use Plastics, but Composites May Be Safe
    A Senate hearing on March 30 underscored the widespread concern about single-use plastics, as experts and lawmakers discussed ...
    March 30, 2023BY Nathan Worcester
  • Roku to Cut 6 Percent of Workforce as Tech Layoffs Rise Over 60,000 So Far in 2023
    Roku to Cut 6 Percent of Workforce as Tech Layoffs Rise Over 60,000 So Far in 2023
    Roku, the digital streaming device maker, announced another round of layoffs, as the number of job losses in ...
    March 30, 2023BY Bryan Jung
  • Bank Turmoil Could Spread to Real Economy, Squeezing Credit Supply, Experts Warn
    Bank Turmoil Could Spread to Real Economy, Squeezing Credit Supply, Experts Warn
    Although the immediate threat of broader financial contagion seems to have abated following confidence-building emergency measures taken in ...
    March 30, 2023BY Tom Ozimek
  • House Passes Sweeping Energy Bill; Schumer Says ‘Dead-on-Arrival’ in Senate
    House Passes Sweeping Energy Bill; Schumer Says ‘Dead-on-Arrival’ in Senate
    The House of Representatives passes a bill, 225–204, on March 30 that seeks to lower energy costs for ...
    March 30, 2023BY Jackson Richman
  • Sharp Spending Slowdown Lowers 4th-Quarter US GDP Ahead of Banking Crisis
    Sharp Spending Slowdown Lowers 4th-Quarter US GDP Ahead of Banking Crisis
    The U.S. economy grew 2.6 percent in the fourth quarter, down from 3.2 percent in the third quarter, ...
    March 30, 2023BY Andrew Moran
  • Republicans Reexamining Work Rules in Clinton-Era Assistance Program
    Republicans Reexamining Work Rules in Clinton-Era Assistance Program
    Social workers told a subcommittee of the House Ways and Means Committee that work requirements in the Temporary ...
    March 30, 2023BY Michael Clements
  • Financial Regulators Too Focused on ‘Climate Risks’ While Ignoring Silicon Valley Bank, Lawmakers Say
    Financial Regulators Too Focused on ‘Climate Risks’ While Ignoring Silicon Valley Bank, Lawmakers Say
    Financial regulators came under scrutiny over what congressional members see as misplaced priorities ahead of the collapse of ...
    March 30, 2023BY Liam Cosgrove
  • Trump-Era Oil Trends Could Have Produced 850 Million More Barrels Under Biden: Expert
    Trump-Era Oil Trends Could Have Produced 850 Million More Barrels Under Biden: Expert
    The United States is producing hundreds of millions fewer barrels of oil per day than it could have if ...
    March 30, 2023BY Nathan Worcester
  • China Ditches US Dollars in New Brazil Agreement, Settles 1st LNG Trade in Yuan
    China Ditches US Dollars in New Brazil Agreement, Settles 1st LNG Trade in Yuan
    China and Brazil signed an agreement on March 29 that would abandon the U.S. dollar and carry out trade ...
    March 30, 2023BY Andrew Moran
  • House GOP: Pentagon ‘Wokeism’ Hurts Recruiting, Degrades Readiness
    House GOP: Pentagon ‘Wokeism’ Hurts Recruiting, Degrades Readiness
    House Republicans insist the Biden administration’s emphasis on “woke” policies, such as diversity, equity, and inclusion (DEI) training, ...
    March 30, 2023BY John Haughey
  • FTX’s Bankman-Fried Gets Arraigned on New Charge
    FTX’s Bankman-Fried Gets Arraigned on New Charge
    Sam Bankman-Fried, the founder of the bankrupt FTX cryptocurrency exchange, is arraigned in Manhattan federal court at 10:00 ...
    March 30, 2023BY Epoch Video
  • More Americans File for Jobless Claims; Layoffs Remain Low
    More Americans File for Jobless Claims; Layoffs Remain Low
    U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the ...
    March 30, 2023BY The Associated Press
  • Red State Residents Have Lighter Tax Burdens Compared to Americans in Blue States
    Red State Residents Have Lighter Tax Burdens Compared to Americans in Blue States
    Red states maintain their lead when it comes to lower tax burdens compared with blue states. Tax-filing day ...
    March 30, 2023BY Bryan Jung
  • Electronic Arts to Lay Off 6 Percent of Workforce
    Electronic Arts to Lay Off 6 Percent of Workforce
    California-based video game company Electronic Arts (EA) has announced that it will lay off approximately 6 percent of ...
    March 30, 2023BY Caden Pearson
  • Fed Was in Talks With Silicon Valley Bank to Use Discount Window Before Collapse
    Fed Was in Talks With Silicon Valley Bank to Use Discount Window Before Collapse
    Federal Reserve officials were reportedly in discussions with Silicon Valley Bank (SVB) to use its discount window, right ...
    March 30, 2023BY Bryan Jung
  • Senate Votes to End COVID National Emergency, Sending Bill to Biden’s Desk
    Senate Votes to End COVID National Emergency, Sending Bill to Biden’s Desk
    The Senate passed a resolution, 68-23, on March 29 to end the COVID-19 national emergency sooner than scheduled. ...
    March 29, 2023BY Jackson Richman
  • AI Could Eliminate 300 Million Jobs, Warns Goldman Sachs
    AI Could Eliminate 300 Million Jobs, Warns Goldman Sachs
    Artificial intelligence (AI) could lead to the elimination of 300 million full-time jobs, according to a new study. ...
    March 29, 2023BY Bryan Jung
  • Oversight Groups Discover No Confirmed Fraud or Misuse of Ukraine Aid, Officials Testify
    Oversight Groups Discover No Confirmed Fraud or Misuse of Ukraine Aid, Officials Testify
    Oversight mechanisms for American aid to Ukraine are effectively preventing fraud and diversion, according to Congressional testimony from ...
    March 29, 2023BY Andrew Thornebrooke
TOP NEWS
  • ‘A Slow-Moving Genocide’: David Matas on Exposing China’s Forced Organ Harvesting on Falun Gong Followers
    NEW By Terri Wu and Jan Jekielek
    ‘A Slow-Moving Genocide’: David Matas on Exposing China’s Forced Organ Harvesting on Falun Gong Followers
  • Treasury Warns Social Security Fund Will Run Out of Money by 2033
    NEW By Tom Ozimek
    Treasury Warns Social Security Fund Will Run Out of Money by 2033
  • New Omega-3 Oil Could Prevent Leading Cause of Blindness: Study
    2hr By George Citroner, Healthline
    New Omega-3 Oil Could Prevent Leading Cause of Blindness: Study
  • Pfizer COVID-19 Vaccine Trial Whistleblower Case Dismissed by Judge
    2hr By Zachary Stieber
    Pfizer COVID-19 Vaccine Trial Whistleblower Case Dismissed by Judge
  • LIVE 4/1 at 1PM ET: Jeffrey Tucker: The Trump Indictment and the Anarcho-Tyranny Unleashed on America
    3hr By Jan Jekielek, Epoch TV
    LIVE 4/1 at 1PM ET: Jeffrey Tucker: The Trump Indictment and the Anarcho-Tyranny Unleashed on America
  • Key Things to Know About Trump’s Indictment
    3hr By Tom Ozimek
    Key Things to Know About Trump’s Indictment
  • 18 Chinese Warplanes, 4 Vessels Detected Near Taiwan Amid Tsai’s Visit to US
    3hr By Aldgra Fredly
    18 Chinese Warplanes, 4 Vessels Detected Near Taiwan Amid Tsai’s Visit to US
  • US Congressman Diagnosed With Cancer
    4hr By Zachary Stieber
    US Congressman Diagnosed With Cancer
  • Federal Judge Blocks Tennessee Law Banning Drag Shows With Minors Present
    4hr By Zachary Stieber
    Federal Judge Blocks Tennessee Law Banning Drag Shows With Minors Present
  • Trump Raises Over $4 Million in 24 Hours Since Indictment
    4hr By Tom Ozimek
    Trump Raises Over $4 Million in 24 Hours Since Indictment
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