WASHINGTON—U.S. Federal Reserve officials were divided Wednesday over whether recent high inflation data and a continually hot jobs market will require even more restrictive interest rates, or just patience in maintaining tight monetary policy for a longer period of time. In remarks to a business event in Sioux Falls, South Dakota, Minneapolis Fed President Neel…
Fed Officials Debate Higher Versus Just Longer After January Inflation Jump
The Inspector General (1949)
October 21, 2022
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A town’s corrupt officials think a fool is actually an investigator in disguise. Naturally, their plans go awry and this “fool” ends up discovering just how corrupt they really are. 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…
Chinese Officials Profit From a ‘Gray Channel’ of Loan Sharking
News Analysis A large number of Chinese Communist Party (CCP) officials reportedly get low-interest loans and then lend the money at high interest rates, forming a “grey channel” and accumulate wealth. According to the website of the Central Commission for Discipline Inspection on August 5, in Jiangxi Province, seven officials reaped extraordinary benefits from high-interest…
Fed Officials Say More Rate Hikes Needed, Despite Slowing Inflation
Slowing U.S. inflation may have opened the door for the Federal Reserve to temper the pace of coming interest rate hikes, but policymakers left no doubt they will continue to tighten monetary policy until price pressures are fully broken. A U.S. Labor Department report Wednesday showing consumer prices didn’t rise at all in July compared…
Duty of the Citizen | Constitution Alive
April 27, 2022
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This film is only available in the US because of territorial licensing. Wrap up your study of the Constitution with a discussion about what we the people can do to uphold the principles instituted by our Founding Fathers. From teaching the rising generation to electing public officials who are committed to upholding its principles, there…
Mexico Suspends 5 Officials Over Soccer Match Brawl
MEXICO CITY—State authorities in north-central Mexico have suspended five officials after a huge brawl among fans during a weekend match left 26 people injured, three critically. Guadalupe Murguía, the interior secretary of Queretaro state said late Sunday the private company partly responsible for security at the soccer stadium would also have its contracts cancelled. Police…
Officials to Assess Fire at Elementary School in Richmond
RICHMOND, Va.—The Richmond Fire Investigations Unit are working to determine the cause and origin of a fire that engulfed William Fox Elementary School in Richmond. The Richmond Fire Department said in a post on Twitter that crews responded to a report of a building fire Friday at about 10:35 p.m. Officers arrived and encountered heavy…
Trading Tantrum? Fed Officials’ Personal Dealings Stir Controversy, Call for Change
September 11, 2021
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Media reports this week that two of the Federal Reserve’s 12 regional bank presidents were active traders has some of the central bank’s most vocal critics questioning the rules that allowed them to engage in the transactions in the first place. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren made frequent or…
US–EU Officials to Kick Off New Trade, Tech Council on Sept. 29: White House
September 9, 2021
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WASHINGTON—Top officials from the United States and European Union will meet in Pittsburgh, Pennsylvania on Sept. 29 for the inaugural meeting of the newly established U.S.–EU Trade and Technology Council (TTC), a White House spokesperson said on Thursday. The council, announced at the U.S.–EU summit in June, aims to expand and deepen trade and investment…
New Zealand Officials Confirm Name of Knife Attacker
WELLINGTON, New Zealand—New Zealand authorities imprisoned a man inspired by the ISIS terrorist group for three years after catching him with a hunting knife and extremist videos—but at a certain point, despite grave fears he would attack others, they say they could do nothing more to keep him behind bars. So for 53 days from…
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