Commentary The job of Reserve Bank of Australia’s (RBA) governor might be one to dodge at the moment, but having waited 38 years for the opportunity I guess new Governor Michele Bullock was not going to say no. There are a lot of challenges sitting in her in-tray from day one, including expansionary federal and…
Tough Gauntlet Ahead for New Reserve Bank Chief
July 16, 2023
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United Airlines Agrees to Give Union Pilots Big Pay Raises
United Airlines and the union representing its pilots said Saturday they reached agreement on a contract that will raise pilot pay by up to 40 percent over four years. The union valued the agreement at about $10 billion. It followed more than four years of tumultuous bargaining that included picketing and talk of a strike…
Biden, Social Media Collude to Suppress Speech
Commentary Of all the ways in which we exercise our freedom in America, the exchange of information without the interference of government may be the most indispensable. One can imagine times when the federal government is entitled to keep news or views from the American people; perhaps knowledge of a major defeat of our forces…
Investors Exit Downgraded Target Stock
Mega retailer Target has not recovered from consumer boycotts triggered after the company promoted Pride merchandise, with share prices and market cap declining significantly along with financial and popularity metrics. American consumers started boycotting Target in May, after the retail chain rolled out its transgender collection, which included some items that targeted children, including books,…
UK Signs Treaty to Join Indo-Pacific Trade Bloc CPTPP
The UK has formally signed the treaty to join a vast free trade area spanning the Indo-Pacific region, in a move the government says will be a “big boost for British businesses.” Business and Trade Secretary Kemi Badenoch signed the accession protocol to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in Auckland, New…
Hollywood Strikes Could Open Up Opportunities for More Conservative Content to Thrive
July 15, 2023
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Business & MarketsCaliforniaCompaniesConservativecontentEntertainmentEntertainment NewsFilm & TVHollywoodMedia & Big TechRegional & State NewsSouthern CaliforniaState NewsstrikesUSUS News
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Now that Hollywood’s actors have joined its writers on the picket line, new content creation from studios and streamers has effectively been cut-off for the time being. There will be no red carpet walking or promotional events for actors to attend, which seems especially out of the ordinary during the summer blockbuster season. To belabor…
AAA Becomes Latest Insurer Limiting Coverage in Florida
The American Automobile Association (AAA) said that it will not be renewing home insurance policies for a small number of its Florida customers due to increased risk associated with extreme weather events as well as insurance fraud and abuse. A spokesperson for AAA told The Epoch Times in an emailed statement that its Florida-based business…
ANALYSIS: The Key to ESG: Controlling the Shareholder Vote
July 15, 2023
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Anti-ESGBlackRockBusiness & MarketsCompaniescongresseconomic policiesESGInvestmentPoliticsState StreetUSUS NewsVanguard
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During the discussion in which BlackRock CEO Larry Fink told his audience that his firm was “forcing behaviors” on companies whose shares it held, he also divulged a key lever of the progressive movement to control corporations: proxy voting. Fink told attendees at a 2017 New York Times conference that as an index fund manager,…
Rocket Engine Explodes Mid-Test in Japan’s Latest Space Mishap
An engine being designed for Japan’s Epsilon S space rocket exploded during testing, in the latest mishap for the nation’s space program. The Japan Aerospace Exploration Agency (JAXA), has been making efforts to launch advanced rockets, to compete with Elon Musk’s SpaceX. JAXA had previously aborted the inaugural launch of its Mitsubishi-built, next-generation H3 liquid fuel…
IMF Hints Allowing Countries to Use Chinese Yuan for Debt Repayment
July 15, 2023
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The International Monetary Fund (IMF) has hinted that it may accept the Chinese Yuan as a currency for countries to settle their obligations with the IMF following Argentina’s recent debt repayment in yuan. IMF spokesperson Julie Kozack confirmed on Thursday that Argentina had paid off part of its debts—equivalent to $1.1 billion of the $2.7…
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