US Inflation Cools Down in June, Expected to Lower Rates in September
On Friday, July 26, the US Department of Commerce released the report “Personal Income and Outlays, June 2024.” The report…
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Chinese Communist Party to issue 300 billion national debt for debt swap: Analysis suggests limited impact.
As a new measure to stimulate economic recovery, the Chinese authorities have directly allocated 300 billion yuan (RMB, Renminbi) in…
G20 Finance Ministers Meeting: US Treasury Secretary Urges China to Address Overcapacity
US Treasury Secretary Janet Yellen reiterated during the G20 finance ministers and central bank governors meeting in the capital of…
Tobacco Giant CEO Calls for Preventing Illegal Inflow of Chinese E-cigarettes into the US.
International tobacco giant British American Tobacco Plc (BAT) is losing market share in the United States due to a significant…
Premier of Taiwan: Multibillion New Taiwan Dollar Development Plan to Attract Taiwanese Businesses Back.
【Epoch Times News July 26, 2024】The Executive Yuan of the Republic of China approved the “Trillion Investment National Development Plan”…
Experts: Six Major Crises Simultaneously Erupt, CCP Initiates Money-Grabbing Mode
The Chinese Communist Party’s Ministry of Finance recently released the financial situation for the first half of 2024, showing a…
Mainland Banks Boost Performance by Offering Gold for Mortgage Applications
Shanghai home buyers recently revealed that when they applied for a second-hand house mortgage loan at a bank in June…
Mainland China: Electric car catches fire, manufacturer’s employees arrive and pry off license plate
On July 24, a Chinese-made electric car caught fire while in use in Hangzhou, Zhejiang Province. The manufacturer’s employees arrived…
California Requires All Departments to Cut Budgets by 8% to Deal with Deficit
Facing a massive budget shortfall, California legislators and Governor Gavin Newsom’s budget proposal includes cutting funding, delaying payments, and postponing…
To join the top 1% in California, annual income must exceed one million.
According to a study released by the financial website Go Banking Rates on July 17th, in order to rank among…