NEW YORK—A measure of debt across the globe rose in the first quarter to almost $305 trillion, and the rising cost to service that debt is triggering concern about the financial system’s leverage, a widely tracked study showed. The Institute of International Finance (IIF), a financial services trade group, said on Wednesday global debt rose…
Global Debt on the Rise, Emerging Market Crosses $100 Trillion Mark: IIF
German Pensions to Rise Again, but Slower Than Inflation
BERLIN—German retirees’ pensions will rise significantly this summer for the second consecutive year, the government said Monday, though the increase will still fall short of the current inflation rate. The Labor Ministry said pensions will increase by 4.39 percent in the former West Germany on July 1 and by 5.86 percent in the formerly communist…
Officials: Deadly Chicago High-Rise Fire Was Accidental
CHICAGO—Chicago authorities said Thursday that a deadly fire in a high-rise apartment building was caused by someone smoking in a bedroom. In a brief statement, the Chicago Fire Department called the fire accidental and said investigators traced the cause to “careless use of smoking materials.” Investigators also found that a smoke detector in the unit…
Average Mortgage Rates Rise After 6 Weeks of Declines
WASHINGTON—The average long-term U.S. mortgage rate rose this week after falling for six straight weeks, adding to the challenges potential homebuyers face amid higher home prices and a limited supply of available houses. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate increased to 6.42 percent from 6.27 percent last…
Suds (1920)
November 28, 2022
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A laundry woman in London tries to rise above her station to capture the love of a wealthy, young man; however, she misses out on the more genuine love of someone else. Credit: Public Domain Movies – Feature Films: Cinema collection: epochcinema.com Epoch Original content: epochoriginal.com Feature Films: www.theepochtimes.com/featured-films * Click the “Save” button below…
Apple Earnings Rise as Economic Gloom Hits Tech
Apple Inc. on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation. The forecast for the holiday quarter was more grim. While not providing specific numbers, Apple said revenue growth would fall below 8 percent in the…
The Perils of Pauline (1947)
October 17, 2022
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The real-life story of actress Pearl White during her rise to fame in silent serials. Credit: Public Domain Movies – Feature Films: Cinema collection: epochcinema.com Epoch Original content: epochoriginal.com Feature Films: www.theepochtimes.com/featured-films * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: twitter.com/EpochTVus Rumble:…
Monkeypox Cases in UK Rises to 57, Johnson Says None Fatal
Confirmed monkeypox cases in the UK have more than doubled to 57. The figure, released by the UK Health Security Agency (UKHSA) on Monday, was an increase from the previously confirmed 20 cases. There are 56 confirmed cases in England and Scotland confirmed its first case on Monday. Northern Ireland’s Public Health Agency and Public…
UK Drivers Suffer Biggest Monthly Surge in Fuel Prices
Drivers were hit by the largest monthly spike in pump prices on record in March, despite a cut in fuel duty, according to new analysis. The RAC said the average cost of a litre of petrol at UK forecourts rose by 11.6p to end the month at 163.3p. Diesel prices rose even more sharply, up…
Wheat Prices Soar on Ukraine Fears, but US Growers Can’t Cash in
March 23, 2022
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CHICAGO—After Russia’s invasion of Ukraine sent global wheat futures soaring, U.S. farmer Vance Ehmke was eager to sell his grain. Local prices shot up roughly 30 percent to nearly $12 a bushel, about the highest Ehmke could recall in 45 years of farming near the western Kansas town of Healy. Instead of reaping a windfall,…
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