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BREAKING NEWS
China Has Its Lowest Growth Target in Years—Here’s Why
By Terri Wu China has set its lowest economic growth target in decades for this year, at 4.5 to 5 percent. Beijing has maintained its target at “around 5 percent” for the past three consecutive years, and last year reported a growth rate of exactly 5.0 percent—no more and no less. The regime has long…
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How the US Can Adjust to Middle East Oil Disruptions
By Kevin Stocklin The U.S.–Israeli war with Iran has brought heightened volatility to energy and equity markets, with the price of oil rising from about $65 per barrel of crude before the war to a high of $119 on March 9, before falling back to its current level of about $100. If oil supplies from…
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Major Winter Storm Prompts Over 1,500 Flight Cancellations in US
By Jacki Thrapp A major winter storm has caused the cancellation of over 1,500 flights in states around the Great Lakes region. Airports in the Chicago area experienced the most cancellations on March 15, according to flight tracker FlightAware. As of 5:30 p.m. ET, Chicago O’Hare International Airport had over 780 canceled flights coming into…
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US Flag Raised Over Embassy in Venezuela for First Time in 7 Years
By Ryan Morgan The U.S. flag flew over the U.S. Embassy in the Venezuelan capital city of Caracas for the first time in exactly seven years. “On the morning of March 14, 2019, the American flag was lowered for the last time at the United States Embassy in Caracas,” Laura F. Dogu, the U.S. chargé…
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Pentagon Identifies 6 Airmen Killed in Refueling Plane Crash in Iraq
By Ryan Morgan The Pentagon has identified the six Airmen who were killed after their KC-135 Stratotanker aerial refueling aircraft crashed over western Iraq on March 12. The flight crew consisted of Maj. John A. Klinner, 33; Capt. Ariana G. Savino, 31; Capt. Seth R. Koval, 38; Capt. Curtis J. Angst, 30; Tech. Sgt. Ashley…
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Court Blocks Subpoenas Tied to Criminal Probe of Fed Chair Jerome Powell
By Andrew Moran A federal judge blocked subpoenas issued to the Federal Reserve as part of a criminal investigation of Chair Jerome Powell. In a March 13 ruling, Judge James Boasberg found that the subpoenas were intended to “harass and pressure” the central bank chief into lowering interest rates or to drive him from office…
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Jeffrey Epstein Guard Called to Testify Before House Oversight Committee
By Jacki Thrapp One of the guards on duty when Jeffrey Epstein died in his cell will testify before the House Oversight Committee later this month. “The Oversight Committee has questions for Tova Noel, one of the Metropolitan Correctional Center guards on duty the night Jeffrey Epstein died,” House Oversight Committee Chairman Rep. James Comer…
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Senate Floor Fight Reveals How Far Apart Democrats and Republicans Are on DHS Shutdown
By Chase Smith For two days this week, senators took turns proposing ways to end the partial shutdown of the Department of Homeland Security. For two days, each proposal was immediately killed by the other party. The March 11–12 floor fight made one thing clear: Democrats and Republicans are not close to a deal, and…
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US Sending More Marines, Warships to Middle East
By Ryan Morgan ARLINGTON, Va.—A U.S. Marine Expeditionary Unit is set to reposition to the Middle East amid ongoing military operations against Iran, a U.S. official familiar with the matter has told The Epoch Times. Other media outlets first reported that the 31st Marine Expeditionary Unit (MEU), consisting of around 5,000 Marines and sailors, had…
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US Mortgage Rates Jump to 6.11 Percent
By Naveen Athrappully Mortgage rates have risen for the second consecutive week, moving up to 6.11 percent after briefly dipping below the 6 percent level last month. The average weekly mortgage rate for a 30-year fixed-rate mortgage was 6.11 percent for the week ending March 11, up from 6 percent the previous week and 5.98…
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