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Economy

  • New GOP Bill to Block Sales of SPR Oil to China
    New GOP Bill to Block Sales of SPR Oil to China
    Sen. Ted Cruz (R-Texas) on Jan. 25 proposed legislation that seeks to block the United States from selling oil from the Strategic Petroleum Reserve (SPR) to China and Chinese Communist ...
    January 26, 2023BY Hannah Ng
  • Unemployment Filings Drop in Fresh Sign of Tight Labor Market and Persistent Inflation Pressures
    Unemployment Filings Drop in Fresh Sign of Tight Labor Market and Persistent Inflation Pressures
    Unemployment filings in the United States dropped last week, as fewer Americans filed for unemployment benefits while the labor ...
    January 26, 2023BY Bryan Jung
  • Artificial Intelligence Could Make These Jobs Obsolete: ‘Not Crying Wolf’
    Artificial Intelligence Could Make These Jobs Obsolete: ‘Not Crying Wolf’
    With reports saying artificial intelligence system ChatGPT has passed exams and can produce reports, experts have warned that ...
    January 26, 2023BY Jack Phillips
  • Biden Speaks About the Economy
    Biden Speaks About the Economy
    U.S. President Joe Biden speaks about the economy at 2:45 p.m. ET on Jan. 26 after traveling to ...
    January 26, 2023BY Epoch Video
  • US Economy Cools as 4th-Quarter GDP Growth Rate Slows to 2.9 Percent
    US Economy Cools as 4th-Quarter GDP Growth Rate Slows to 2.9 Percent
    The U.S. economy expanded 2.9 percent in the fourth quarter, down from 3.2 percent in the third quarter, ...
    January 26, 2023BY Andrew Moran
  • US and Global Economy to Grow Slower in 2023, Possibility of Recession in Some Nations: UN
    US and Global Economy to Grow Slower in 2023, Possibility of Recession in Some Nations: UN
    The global economy is predicted to register a slower growth this year, continuing the trend from last year, ...
    January 26, 2023BY Naveen Athrappully
  • Petroleum Analyst Issues Warning to Drivers: Gas Prices to Rise Again to $4
    Petroleum Analyst Issues Warning to Drivers: Gas Prices to Rise Again to $4
    Americans should be wary of gas prices again rising starting in the spring, according to one petroleum analyst, ...
    January 26, 2023BY Jack Phillips
  • Chipotle to Hire 15,000 Workers Across North America
    Chipotle to Hire 15,000 Workers Across North America
    Burrito chain Chipotle Mexican Grill Inc. said on Thursday it was looking to hire 15,000 new full and ...
    January 26, 2023BY Reuters
  • President Biden to Target House Republicans, Champion Achievements in Major Economic Speech
    President Biden to Target House Republicans, Champion Achievements in Major Economic Speech
    President Joe Biden will visit Virginia on Thursday to deliver a major speech on the economy and target ...
    January 26, 2023BY Andrew Moran
  • IBM to Cut 3,900 Jobs Amid Tech Layoff Trend
    IBM to Cut 3,900 Jobs Amid Tech Layoff Trend
    Technology firm IBM plans on reducing its headcount by 3,900 jobs, the company announced Wednesday, while delivering better-than-expected ...
    January 26, 2023BY Naveen Athrappully
  • US Certifies First Small Modular Nuclear Reactor Design for Use
    US Certifies First Small Modular Nuclear Reactor Design for Use
    The U.S. Nuclear Regulatory Commission (NRC) has certified the design for the first American-designed small modular nuclear reactor ...
    January 26, 2023BY Bryan Jung
  • Renewable Power Projects Slow in US Over High Costs and Community Opposition
    Renewable Power Projects Slow in US Over High Costs and Community Opposition
    The installation of wind and solar power projects is slowing down in the United States, with some projects ...
    January 26, 2023BY Naveen Athrappully
  • Tesla Posts Record Profit Despite Slashing Prices Amid Waning Demand
    Tesla Posts Record Profit Despite Slashing Prices Amid Waning Demand
    Tesla posted record profits and revenues for 2022, despite slashing prices on a number of its electric vehicles in ...
    January 26, 2023BY Katabella Roberts
  • Microsoft’s Dour Outlook Raises Red Flags for Tech Sector
    Microsoft’s Dour Outlook Raises Red Flags for Tech Sector
    Microsoft Corp.'s lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the ...
    January 25, 2023BY Reuters
  • The Washington Post Cuts 20 Newsroom Jobs
    The Washington Post Cuts 20 Newsroom Jobs
    The Washington Post announced that it will slash several positions in cutbacks, one week after the publication's owner, Jeff ...
    January 25, 2023BY Bryan Jung
  • Biden Administration Rolls out ‘Renters Bill of Rights’
    Biden Administration Rolls out ‘Renters Bill of Rights’
    The White House announced a plan on Wednesday that it says will protect renters and help curb rental costs, ...
    January 25, 2023BY Jack Phillips
  • West Virginia Targets Proxy Voting in Fight Over ESG
    West Virginia Targets Proxy Voting in Fight Over ESG
    In a Jan. 25 interview with The Epoch Times, West Virginia Treasurer Riley Moore outlined a new state ...
    January 25, 2023BY Nathan Worcester
  • Ford to Cut up to 3,200 European Jobs, Union Says, Vowing to Fight
    Ford to Cut up to 3,200 European Jobs, Union Says, Vowing to Fight
    BERLIN—Ford Motor Co. plans to cut up to 3,200 jobs across Europe and move some product development work ...
    January 25, 2023BY Reuters
  • McConnell Says Debt Limit Negotiations Hinge on McCarthy and Biden
    McConnell Says Debt Limit Negotiations Hinge on McCarthy and Biden
    Senate Minority Leader Mitch McConnell (R-Ky.) said Tuesday that he is counting on House Republicans to reach a ...
    January 25, 2023BY Rita Li
  • Americans Want Investment Funds to Maximize Profit, Not to Chase Woke Goals, Poll Reveals
    Americans Want Investment Funds to Maximize Profit, Not to Chase Woke Goals, Poll Reveals
    A new poll reported that most Americans do not want investment firms to spend their retirement money on ...
    January 25, 2023BY Bryan Jung
  • Tesla Announces $3.6 Billion Investment in Nevada for Factories, Promises 3,000 New Jobs
    Tesla Announces $3.6 Billion Investment in Nevada for Factories, Promises 3,000 New Jobs
    Tesla plans to invest more than $3 billion in Nevada to expand its Gigafactory as well as establish ...
    January 25, 2023BY Naveen Athrappully
  • US Business Activity Declines for Seventh Month in a Row as Recession Looms
    US Business Activity Declines for Seventh Month in a Row as Recession Looms
    Business activity in the United States contracted for the seventh consecutive month in January, with both manufacturing and ...
    January 25, 2023BY Naveen Athrappully
  • US Business Equipment Borrowings Grow 9 Percent in December: ELFA
    US Business Equipment Borrowings Grow 9 Percent in December: ELFA
    U.S. companies borrowed 9 percent more in December to finance equipment investments compared with a year earlier, industry ...
    January 25, 2023BY Reuters
  • Twenty-Five Percent of Homebuyers Looking to Shift to New Metro Areas Due to High Cost of Housing: Report
    Twenty-Five Percent of Homebuyers Looking to Shift to New Metro Areas Due to High Cost of Housing: Report
    Roughly a quarter of Redfin homebuyers looked to move to a different metropolitan area in the fourth quarter ...
    January 25, 2023BY Naveen Athrappully
  • California to Vote on Fast-Food Workers’ Wage Hike in 2024 After Businesses Gather Over One Million Opposing Votes
    California to Vote on Fast-Food Workers’ Wage Hike in 2024 After Businesses Gather Over One Million Opposing Votes
    Californian citizens are set to vote on a proposal next year that seeks to improve the working conditions ...
    January 25, 2023BY Naveen Athrappully
  • Farm Group Calls for Investigation of Record-High Egg Prices
    Farm Group Calls for Investigation of Record-High Egg Prices
    Just before testifying at an open meeting of the Federal Trade Commission (FTC) on Tursday, Farm Action, a ...
    January 24, 2023BY Wim De Gent
  • Gasoline Prices Surge as Consumer Demand Rises in January
    Gasoline Prices Surge as Consumer Demand Rises in January
    Rising U.S. consumer demand, combined with a rise in the price of crude oil, has led to an ...
    January 24, 2023BY Bryan Jung
1 2 3 … 218 Next
TOP NEWS
  • Shen Yun Theatergoers: ‘For Years We Were Waiting for This Moment’
    NEW By Epoch Newsroom
    Shen Yun Theatergoers: ‘For Years We Were Waiting for This Moment’
  • US Military Kills Major ISIS Figure Bilal al-Sudani, 10 Other ISIS Terrorists in Somalia
    NEW By Mimi Nguyen Ly
    US Military Kills Major ISIS Figure Bilal al-Sudani, 10 Other ISIS Terrorists in Somalia
  • US to Sign Defence Agreement With Papua New Guinea
    NEW By Victoria Kelly-Clark
    US to Sign Defence Agreement With Papua New Guinea
  • California’s COVID-19 Gag Law Is ‘First Effort to Suppress’ Doctors: Lawyer
    1hr By Mimi Nguyen Ly and Joshua Philipp
    California’s COVID-19 Gag Law Is ‘First Effort to Suppress’ Doctors: Lawyer
  • ‘The Highest Standard of Any Performance in the World’: Tokyo Audience Praises Shen Yun’s ‘Perfection’
    2hr By Epoch Newsroom
    ‘The Highest Standard of Any Performance in the World’: Tokyo Audience Praises Shen Yun’s ‘Perfection’
  • FDA Advisers Back COVID-19 Vaccine Pivot in Move Toward Annual Shot
    2hr By Zachary Stieber
    FDA Advisers Back COVID-19 Vaccine Pivot in Move Toward Annual Shot
  • California to Release More Water to Communities in Wake of Storms
    2hr By Brad Jones
    California to Release More Water to Communities in Wake of Storms
  • Capitol Report: 77 Democrats Oppose Biden’s Border Policy; Biden Policy on Strategic Petroleum Reserve Triggers Vote
    3hr By Steve Lance
    Capitol Report: 77 Democrats Oppose Biden’s Border Policy; Biden Policy on Strategic Petroleum Reserve Triggers Vote
  • Feds Reject California’s Last Nuclear Power Plant’s Request to Stay Open
    3hr By Jill McLaughlin
    Feds Reject California’s Last Nuclear Power Plant’s Request to Stay Open
  • Weaponization of Government Panel Will Investigate ‘Signature Abuse of Our Time,’ Say GOP Members
    3hr By John Ransom
    Weaponization of Government Panel Will Investigate ‘Signature Abuse of Our Time,’ Say GOP Members
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