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US News | The Epoch Times Thu, 23 Sep 2021 18:57:55 +0000
  • US Household Wealth Rose to Record $141.7 Trillion in Q2, Fed Says U.S. household wealth jumped to a new high of $141.7 trillion at the end of June, a report from the Federal Reserve showed on Thursday, boosted by stock market gains and a pandemic-induced real-estate boom. Soaring equity markets fueled the increase in overall wealth, adding $3.5 trillion to household assets in the second quarter—a period […]
  • NY State Doesn’t Need to Allow Religious Exemptions for Vaccine Mandate, Authorities Say New York officials filed papers this week saying that the state has no constitutional obligation to grant religious exemptions to a COVID-19 vaccine mandate for healthcare staff, in response to a federal lawsuit. Gov. Kathy Hochul filed the court papers along with state Health Commissioner Howard Zucker and Attorney General Letitia James on Wednesday. Seventeen nurses were […]
  • San Francisco Launches Initiative to Tackle Retail Crime The City of San Franciso, in collaboration with the police department, aims to tackle the rise in retail crimes through a new initiative in partnership with local retailers. The Organized Retail Crime Initiative will result in an expansion of the police department’s Organized Retail Crime Unit while providing more resources to retailers amid ongoing theft. […]
  • Coast Guard Chaplins’ Memo Includes Invasive Questions for Religious Exemption Requesters A recent Department of Defense memorandum for chaplains of the Coast Guard includes multiple highly invasive questions about the sincerity of the faith and practice of Guardsmen seeking religious exemptions from the vaccine for COVID-19. “Have the member describe how they consistently keep the tenets of their faith and demonstrate those in their daily life. […]
  • Pelosi, Schumer Announce ‘Agreement on a Framework’ to Fund Budget Bill At a weekly press conference Thursday, Speaker of the House Nancy Pelosi (D-Calif.) and Senate Majority Leader Chuck Schumer (D-N.Y.), joined by Treasury Secretary Janet Yellen, announced that the White House, the House, and the Senate had negotiated a “framework” to pay for the $3.5 trillion Build Back Better Act. Opening the conference, Schumer said: “The […]
  • North Carolina Man Pleads Not Guilty to US Capitol Bomb Threat Charges Floyd Ray Roseberry pleaded not guilty in federal court on Wednesday to charges of threatening “use of weapons of mass destruction” and “threats to use explosive materials.” “The court found him competent to go forward with proceedings and he was arraigned on an indictment returned last week,” Bill Miller, the public information officer for the […]
  • Democrats Express Concern About Looming US Debt Default, Government Shutdown Several Democrats in Congress have expressed concern about the looming U.S. deficit default and government shutdown next month, saying there is no backup plan. The Senate could vote on a House-passed measure that would provide funding to the federal government into early December and suspend the debt ceiling until 2022. Senate Minority Leader Mitch McConnell […]
  • Facebook Investor: Company Paid $5 Billion to FTC as ‘Quid Pro Quo’ to Shield Zuckerberg A recently filed lawsuit against Facebook reveals new details about the Cambridge Analytica scandal, claiming among other allegations that company executives massively overpaid the Federal Trade Commission to shield CEO Mark Zuckerberg from personal liability. The lawsuit was filed in a Delaware state court by the Employees’ Retirement System of Rhode Island (ERSRI), following a […]
  • Giant Increase in CA Homeowners Fearing Foreclosure, New US Census Data Shows Commentary The number of California households estimated by the US Census Bureau who believe they are “very likely” to lose their homes due to foreclosure in the next two months has jumped 34 times in just the last six weeks.  Data reported on June 30 and Aug. 11 earlier this year showed that less than […]
  • Combined Fortune of World’s Wealthiest Families Increased 22 Percent in the Last Year By Entrepreneur Staff Right now, Jeff Bezos, Elon Musk, and Bernard Arnault dominate the ranking of the world’s great billionaires. However, if we talk about entire families, the list changes completely. As reported by Bloomberg, the combined fortune of the 25 richest families of the world increased 22 percent last year and the new list is […]
  • Tropical Storm Sam Expected to Reach Major Hurricane Strength Over the Weekend: NHC Tropical Storm Sam has formed in the eastern Atlantic Ocean and is anticipated to strengthen into Hurricane Sam by Friday, the U.S. National Hurricane Center (NHC) announced on Thursday. Sam, the 18th named storm of the 2021 season, was upgraded to a tropical storm by the NHC early on Thursday. The weather agency said the system […]
  • Federal Judge Strikes Down Portions of Florida Law Banning ‘Sanctuary Cities’ A Florida law prohibiting the establishment of so-called sanctuary cities, or municipalities trying to shield illegal immigrants from arrest, violates federal law, a judge ruled this week. Florida Senate Bill 168 bars sanctuary policies, or policies that prohibit or impede law enforcement from complying with federal immigration law or that block law enforcement agencies from […]
  • ‘Distraction Burglaries’ Hit Elderly Anaheim Residents The Anaheim Police Department is on the lookout for suspects after a series of “distraction burglaries” have been impacting elderly Anaheim residents. In a similar scheme reproduced a number of times, a suspect will make contact with an elderly resident by posing as either a new neighbor or a utility worker and will convince the […]
  • Psaki: Horse Patrols Temporarily Suspended at Haitian Camp in Del Rio White House press secretary Jen Psaki said that there will be no more Border Patrol horse operations in Del Rio, Texas, following images of agents on horseback apprehending illegal immigrants near a river crossing area. Psaki on Thursday again claimed that the images show “horrible and horrific” treatment of mostly Haitian illegal immigrants in the […]
  • Hollywood Christmas Parade Returns with COVID-19 Precautions LOS ANGELES—Santa Claus is coming to Hollywood, bringing holiday cheer to town with him. The Hollywood Christmas Parade is slated to return to the streets of Hollywood on Nov. 28, at 6 p.m. It will be the 89th edition of the traditional Christmas parade through the streets of Hollywood. The parade was canceled last year […]
  • Crews Begin Project To Improve Water Quality In LA River, Arroyo Seco LOS ANGELES—Crews will break ground today on a $13 million project aimed at improving water quality in the Los Angeles River and Arroyo Seco. “The city of Los Angeles wants to use Arroyo Seco and the L.A. River for more recreational purposes,” said Venu Kolli, Stantec senior principal and project manager. “It’s critical that the […]
  • Equipping Australia With Nuclear-Powered Submarines A Smart Move, Experts Say Through a new security partnership called AUKUS, the United States and the United Kingdom will help equip Australia with a fleet of nuclear-powered submarines. Former Chinese navy colonel and military experts from Taiwan say that AUKUS is a “smart move,” and it will be effective in countering Beijing’s maritime aggression. Forming a Military Stronghold Cheng […]
  • US Senate Confirms Batchelder for Treasury Tax Post WASHINGTON—The U.S. Senate on Wednesday confirmed Lily Batchelder to serve as assistant secretary for tax policy at the Treasury Department, where she will play a big role in implementing tax changes sought by President Joe Biden and congressional Democrats. Batchelder won confirmation in a 64–34 vote, with 15 Republicans voting in support of the New […]
  • Experts: Del Rio Bridge Shantytown Could Cause Outbreak of COVID-19, Other Diseases The squalid illegal immigrant shantytown under a bridge in Del Rio, Texas—where thousands of Haitians have gathered in recent days—will likely lead to an outbreak of COVID-19 and other transmissible diseases, say experts. Stark images captured from the scene showed throngs of Haitian illegal aliens in makeshift camps made from plastic bags, tarps, scrap lumber, […]
  • Jobless Claims Rise Above Expectation to Highest Level in a Month The number of American workers who filed for unemployment rose above expectations last week and hit the highest level in a month, new government figures show. First-time filings for unemployment insurance—a proxy for layoffs—came in at 351,000 for the week ending Sept. 18, a rise of 16,000 from the previous week’s revised level of 335,000, […]
  • Committee Approves 2 Nominees to Environmental Posts Over GOP Opposition The Senate Committee on Environment and Public Works approved Jeff Prieto as general counsel for the U.S. Environmental Protection Agency (EPA) and Jennifer Sass as a member of the U.S. Chemical Safety and Hazard Investigation Board (CSB), setting the stage for a vote by the full Senate. The two were approved, over Republican opposition, alongside […]
  • Pfizer COVID-19 Booster Shouldn’t Be Used for J&J, Moderna Vaccine Recipients: FDA Official Pfizer’s COVID-19 booster shot shouldn’t be administered to those who previously received vaccines made by Moderna or Johnson & Johnson, a top federal health official has said. Doran Fink, a deputy director in the Food and Drug Administration’s (FDA) vaccine regulation division, made the assessment during a Centers for Disease Control and Prevention (CDC) vaccine […]
  • New Hampshire House Speaker Files Bill to Block Vaccine Mandate New Hampshire House Speaker Sherman Packard is working on legislation that would ban state or local enforcement of COVID-19 vaccine mandates. Packard, a Londonderry Republican, said his office is working on a bill that is aimed at blunting the impact of President Joe Biden’s new federal vaccine requirements to “prevent federal overreach, protect our citizens […]
  • Biden’s Special Envoy to Haiti Resigns in Protest of Deportations President Joe Biden’s Special Envoy for Haiti Ambassador Daniel Foote announced Thursday that he is resigning and accused the United States of mistreating Haitian illegal immigrants by deporting them back to their country of origin after more than 15,000 amassed in Del Rio, Texas. “With deep disappointment and apologies to those seeking crucial changes, I […]
  • ARK’s Cathie Wood Says Wall Street Not in a Bubble Star stock picker Cathie Wood, head of ARK Invest, on Wednesday said she believed the U.S. stock market is not overvalued, and she talked up Tesla, her largest holding. “We are not in a bubble, that I know,” Wood said, speaking virtually at a Morningstar investment conference. “But I do believe the market is beginning […]
  • Republicans Won’t Vote to Raise Debt Limit Given Democrats’ Partisan Budget Plans: McConnell Senate Republicans will not vote to raise the debt limit at this time because of Democrat plans to spend trillions of dollars, Senate Minority Leader Mitch McConnell (R-Ky.) and other Republican leaders said Wednesday. The House of Representatives voted this week along party lines to pass a bill that includes suspending the debt limit until […]
  • Texas Governor Sends ‘Steel Wall’ of Cars to Block Illegal Immigrants at Border Texas Gov. Greg Abbott said he directed hundreds of state Department of Public Safety vehicles to create a “steel wall” to block illegal immigrants—mostly Haitians—from crossing into the United States. During an interview with Fox News, the Republican governor said the barrier of vehicles prevented people from illegally “walking into the state of Texas.” In photos […]
  • Fed’s Newest ‘Dot Plot’ Shows Growing Appetite for Rate Hikes as Inflation Bites While Federal Reserve policymakers voted on Wednesday to keep rates at near zero, they also pulled forward their expectations for rate hikes, suggesting a mix of optimism about the pace of economic recovery and fear that easy money policies would fan the flames of inflation. The Federal Open Market Committee (FOMC) on Wednesday released updated […]
  • US Olympic Committee Requires COVID-19 Vaccinations for Team USA The United States Olympic & Paralympic Committee (USOPC) announced a new policy on Wednesday requiring American athletes competing at the 2022 Beijing Winter Olympics to be fully vaccinated against the CCP (Chinese Communist Party) virus. According to a statement, all staff members, athletes, and contractors have to be fully vaccinated against the CCP virus by the […]
  • Investors Watch US Companies’ Record Profit Margins as Costs Rise Further NEW YORK—U.S. companies have retained strong profit margins through the pandemic because they have cut costs and passed along high prices to customers. The question is: How long can this go on? With inflation still strong, the ability for companies to keep margins at record levels is being closely watched by some investors and strategists […]
  • Impossible Foods to Launch Meatless Pork in US This Week Impossible Foods will begin rolling out its new meatless pork in the United States this week as it seeks to make a footprint in the growing plant-based protein market, the company announced on Sept.23. The California-based company said Chef David Chang will debut Impossible Pork at his famed Momofuku Ssäm Bar in New York City on Thursday, while the […]
  • Penn State University Suspends Students Who Failed to Get Weekly COVID-19 Test At Penn State University, 117 students have been placed on interim suspension for failure to comply with the university’s weekly COVID-19 testing requirement. Students at University Park who are subject to required weekly COVID-19 testing and who have missed at least three weeks of testing have been notified by Penn State that they are out […]
  • Salesforce Raises Full-Year Revenue Outlook on Hybrid Work Boost Inc. on Thursday raised its full-year revenue forecast, as the pandemic-led shift to hybrid work fueled demand for its cloud-based software. Shares of the company were up 2.4 percent at $265.4 in premarket trading. The business software maker’s revenue has gone from strength to strength over the past year, with the rise of automation […]
  • Amazon’s Cloud Unit to Create Data Centers, 1,000 Jobs in New Zealand Inc.’s cloud computing unit said on Wednesday it will launch data centers in New Zealand in 2024 and create about 1,000 jobs in the country over 15 years. After releasing an economic impact study, Amazon Web Services (AWS) said it plans to invest NZ$7.5 billion ($5.25 billion) in its new infrastructure hub—AWS Asia Pacific […]
  • Futures Rise as Taper Fears Fade U.S. stock index futures rose on Thursday, indicating Wall Street was set to jump further from recent lows after investors largely brushed off concerns over the Federal Reserve’s plans for tapering. The Fed said on Wednesday it could begin reducing its monthly bond purchases by as soon as November, and that interest rates could rise […]
  • US Trade Office Says GM Mexico Labor Case Concluded, Tariff Threat Lifted WASHINGTON—A U.S. labor complaint under the U.S.-Mexico-Canada trade pact over a General Motors plant union vote in Mexico has been successfully concluded, lifting the threat of U.S. tariffs on the factory’s pickup trucks, the U.S. Trade Representative’s (USTR) office said on Wednesday. The United States opened the case in May after complaints that workers’ rights […]
  • Newsom Signs Bill Targeting Production Quotas at Amazon and Other Warehouse Operators California Gov. Gavin Newsom has signed a bill that restricts the ability of retailers like Amazon to enforce production quotas on warehouse workers, a move hailed by labor advocacy groups but opposed by business organizations as needless and burdensome. The measure, called AB 701, passed the state assembly earlier in the month and was signed into […]
  • US Treasury’s Yellen Urges Irish Finance Minister to Take Global Tax Deal WASHINGTON—U.S. Treasury Secretary Janet Yellen urged Paschal Donohoe, the finance minister of low-tax Ireland, to take a “once in a generation opportunity” for a global deal that would stop a race to the bottom on corporate tax rates, the Treasury said on Wednesday. Despite pressure from Yellen and European Union officials, Ireland has not wavered […]
  • Sens. Grassley, Ossoff Introduce Bill to Fight Opioid Epidemic in Rural Areas A bipartisan bill introduced in the Senate is aimed at fighting the opioid epidemic in rural areas of the United States. Sens. Jon Ossoff (D-Ga.) and Chuck Grassley (R-Iowa) have teamed to introduce the proposal (pdf), which is called the Rural Opioid Abuse Prevention Act. Among the provisions are codifying a Department of Justice program that […]
  • Last Person Seen With Kristin Smart in 1996 Heading to Trial SAN LUIS OBISPO, Calif.—The last person seen with Kristin Smart before she vanished from a college campus 25 years ago on the Central California coast will stand trial on a murder charge in her suspected death and his father faces trial as an accomplice for allegedly helping bury her body, a judge ruled Wednesday. San […]
  • 12th Inmate Dies as New York City’s Jail Crisis Intensifies NEW YORK—An inmate on a New York City jail barge died Wednesday after a medical emergency, the city’s Department of Correction said. It is at least the 12th death of a city inmate this year and the second this week amid what some elected officials and advocates have deemed a “humanitarian crisis” in the city’s […]
  • Fitch Cuts China 2021 GDP Forecast to +8.1 Percent Vs +8.4 Percent on Property Slowdown BEIJING—Fitch Ratings said on Sept. 16 that it had cut its 2021 economic growth forecast for China to 8.1 percent from 8.4 percent, citing the impact of the slowdown in the country’s property sector on domestic demand.
  • Facebook Chief Technology Officer Makes ‘Difficult Decision’ to Step Down in 2022 Facebook Chief Technology Officer Mike Schroepfer has made the “difficult decision” to step down from his role, he announced Wednesday. Schroepfer, who has worked for the social network for 13 years and oversees its work in artificial intelligence (AI), virtual reality, and the blockchain, said he will transition to a new part time role as Facebook’s first senior […]
  • California Governor Signs Laws Aimed at Ensuring Access to Abortion California Gov. Gavin Newsom on Wednesday signed two laws that are meant to make sure women have access to abortion. California Assembly Bill 1356 boosts penalties for crimes established by the California Freedom of Access to Clinic Act, including posting the home address or home telephone number of abortion providers. The bill elevates the crimes from […]
  • COVID-19 Exacerbates Teacher Shortages Across Public Schools, Forcing Some to Return to Remote Learning The COVID-19 pandemic has exacerbated teacher shortages across public schools in the United States, forcing some to go back to remote learning. Teacher shortages and difficulties filling job openings have been reported in Tennessee, New Jersey, and South Dakota, which saw one district begin the school year with 120 teacher vacancies. Meanwhile in Texas, Houston, Waco, and […]
  • Oil Prices Rise on Tight Supply, Renewed Risk Appetite LONDON—Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories as production remains hampered in the Gulf of Mexico after two hurricanes. Brent crude rose 9 cents, or 0.1 percent, to $76.28 a barrel at 0856 GMT. U.S. West Texas Intermediate (WTI) crude was up […]
  • Chip Shortage to Cost Automakers $210 Billion in Sales: Analysis The global semiconductor shortage will lead to 7.7 million fewer vehicles produced in 2021, costing automakers billions in lost sales, according to consulting firm AlixPartners. The forecast, released Sept. 23, estimates that the shortage will cost the auto industry $210 billion globally in lost revenue in 2021, up sharply from the May projections of $110 […]
  • Asian Shares Perk up but Evergrande Jitters Keep Investors on Edge HONG KONG—Asian shares made cautious gains on Thursday, supported by some positive news from cash-strapped developer China Evergrande Group, while the dollar held near a one-month top after the U.S. Federal Reserve took a hawkish tilt overnight. However, nerves were still frayed about Evergrande’s future and the country’s property sector as a whole, with a […]
  • Wall Street Ends Higher as Fed Signals Bond-Buying Taper Soon NEW YORK—The three major U.S. stock indexes rose 1 percent on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon. The S&P 500 registered its biggest daily percentage gain since July 23. While trading was […]
  • North Carolina Teachers Say School’s Testing Protocols Discriminate Against Unvaccinated Two teachers in the Charlotte-Mecklenburg School (CMS) district in North Carolina allege that the district’s new COVID-19 testing policy discriminates against the unvaccinated, and that the policy was decided on “behind closed doors.” In a memo sent out to all teachers and staff within the school system on Sept. 20, CMS stated that mandatory testing […]
Weather at Sioux Falls, Foss Field, SD - via NOAA's National Weather Service Thu, 23 Sep 2021 12:56:00 -0500