A group of Republican lawmakers are urging the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to investigate Chinese companies listed on U.S. stock exchanges, after “billions of dollars were snatched” from American investors following a...
High taxes, political corruption, and disastrous local policies drive decline in southern Illinois as nearby Missouri prospers On the I-57 highway through Illinois, time seems to go backward with each southbound mile. The houses and cars in the yards get older. As...
American investors asking whether China Inc. is worth risk following series of regulatory crackdowns wiping out $400 billion off value of U.S.-listed Chinese companies.
For 25 years, I traded U.S. Treasury debt for financial institutions on Wall Street. For the last 20 years, since 9/11, America has borrowed a staggering amount of money. First to finance the War on Terror, then to bail...
Key inflation indicator up 3.5% year over year in June for fastest gain since 1991 KEY POINTS An inflation gauge followed closely by the Federal Reserve increased 3.5% year over year in June, slightly below the 3.6% estimate.Consumer spending rose 1%,...
SALT LAKE CITY—Excessive government spending and mounting national debt will likely trigger a financial crisis in the next 18 months, economist Stephen Moore warned on July 28. “It’s a very precarious time economically for the country,” Moore told The Epoch Times during the annual...
Senate Republicans plan to demand big spending reforms in exchange for their support of legislation to raise the nation’s debt ceiling, seeking leverage to rein in President Biden’s plan to pump trillions of dollars into the economy. GOP senators are...
Former Whitewater prosecutor Stephen Binhak – who called on Congress to impeach Donald Trump amidst conspiracies over Russian collusion – recently registered to lobby on behalf of the Chinese Communist Party-linked tech firm Huawei. The news comes as Tony Podesta –...
If you’ve ever had a conversation that addresses how going to the theater, ordering dinner, or carrying out another regular activity used to be less expensive, you’ve discussed the concept of inflation. Over time, prices tend to shift upward, though...
The Dow Jones Industrial Average on Monday dropped as many as 900 points amid concerns over more COVID-19 cases and the emergence of the highly transmissible delta strain. With about an hour before closing, the stock average was down about 811...
Two of Wall Street’s top CEOs have differing views on inflation, but both diverge from the Federal Reserve’s predictions that price increases are transitory and will fade once supply shocks and other pressures ease. Larry Fink, chairman and CEO of BlackRock, the...
STEINAUER, Neb.—It would be hard for Americans to miss that taking the family out for a steak dinner has become more and more of a luxury. Wholesale price of beef was up some 40 percent in May, compared to the...
U.S. dollar's status as global reserve currency at risk amid CCP-backed IMF plan to boost global liquidity by funneling $650 billion to governments and pharmaceutical interests A controversial plan to boost global liquidity means the days of the U.S. dollar...
House Speaker Nancy Pelosi’s (D-Calif.) husband bought up to $11 million worth of big tech stocks in May and June, according to a financial disclosure form filed July 2 and signed by the Democratic leader. Paul Pelosi, who owns and operates a San Francisco-based...