Chinese Internet police have engaged in a new wave of suppression of online discussions about the Chinese stock market. A total of 373 social media accounts were shut down in its recent investigation of social media, for forwarding posts that the Internet regulator deemed “rumors and rumor-mongering,” according to a statement by the Cyberspace Administration…
Online Posts on Chinese Stock Market Analysis Are ‘Bad Influence’: CCP Internet Regulator
ANALYSIS: Is a Real Estate Crash on the Horizon for Canada?
For decades, some economists and commentators have been predicting that the real estate “bubble” will cause house prices to crash in Canada. With the Bank of Canada now continually hiking interest rates, could the decline some have been predicting be on the horizon? While some say the various factors putting upward pressure on prices—such as…
Study Warns of Canada’s Slow Economic Growth
A study from the Fraser Institute has found that Canada’s per-person GDP is growing at its lowest rate since the Great Depression of the 1930s. “Canada’s in a full-blown economic growth crisis, which is homegrown and due largely to poor government policy,” said Philip Cross, senior fellow at the Fraser Institute and author of “What…
US Economic Growth Last Quarter Is Revised Up to 2 Percent Annual Rate
WASHINGTON—Showing surprising resilience in the face of higher interest rates, the U.S. economy grew at a 2 annual pace from January through March as consumers spent at the fastest pace in nearly two years. Thursday’s revised figure from the Commerce Department sharply upgraded its assessment of first-quarter growth from its previous estimate of a 1.3…
New Zealand Slips Into Technical Recession
New Zealand is technically in a recession after the nation’s gross domestic product (GDP) slid into the red for the second consecutive quarter. Figures released by Statz NZ on June 15 showed that New Zealand’s economy fell 0.1 percent in the March 2023 quarter, following a fall of 0.7 percent in GDP in the December…
‘Worsening’ Trade Could Adversely Affect US GDP as Deficit Jumps to Highest Level in Six Months
The U.S. trade deficit rose in April to widen to a six-month high, potentially affecting second-quarter GDP growth. The trade deficit for April 2023 rose by $14 billion, to $74.6 billion, according to a June 7 news release from the Bureau of Economic Analysis (BEA). This is 23 percent rise from March’s $60.6 billion deficit…
US First Quarter GDP, Core Inflation Revised Higher
The U.S. economy expanded slightly faster in the first quarter than previously projected, the Bureau of Economic Analysis (BEA) reported. According to the second estimate published on May 25, the gross domestic product (GDP) climbed at an annualized rate of 1.3 percent in the first three months of 2023, up from the advance estimate of…
US Economic Growth for Last Quarter Is Revised Up to a Still-Tepid 1.3 Percent Annual Rate
WASHINGTON—The U.S. economy grew at a lackluster 1.3 percent annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday in a slight upgrade from its initial estimate. The government had previously estimated that the economy grew at a 1.1 percent annual rate last quarter. The…
UK Economy Delievers Quarterly Growth Despite Slump in March
The UK’s economy edged up by 0.1 percent in the first quarter despite an unexpected decline in March, official figures show. The Office for National Statistics (ONS) said the quarterly growth of gross domestic product (GDP) was mainly driven by the construction and manufacturing sectors. But strikes, weak car sales, and repairs have contributed to a…
Canadian Military Commits to Training Ukrainian Soldiers in Latvia as War Drags On
Defence Minister Anita Anand announced Tuesday that Canadianmilitary members and their Latvian counterparts will begin training Ukrainian soldiers in Latvia as soon as next week. That means Canada is adding a third country to its training efforts under Operation Unifier, which is already active in Poland and the United Kingdom. Anand said it’s a reflection…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`