Prime Minister Justin Trudeau says he has invited the premiers to join him in Ottawa for a health-care meeting on Feb. 7. The prime minister announced the planned meeting during a news conference this morning, as Ottawa and the provinces try to hammer out a new funding deal for health care. The prime minister and…
Trudeau, Premiers to Meet in February to Move Health Care Talks Along
China Sends Aircraft, Vessels Near Taiwan After President Tsai Writes to the Pope
Taiwan’s military detected four Chinese aircraft and three naval vessels near the island nation on Jan. 25, Taiwan’s defense ministry said, just two days after President Tsai Ing-wen wrote a letter to Pope Francis. The Chinese military aircraft and naval vessels were detected at around 6 a.m. (local time). Still, there was no trace of…
House Republican Leaders Hold Press Conference
U.S. House of Representatives Majority Leader Steve Scalise (R-La.), Majority Whip Tom Emmer (R-Minn.), House Republican Conference Chair Elise Stefanik (R-N.Y.), and other Republican Leaders hold a press conference on Capitol Hill. The Epoch Times will livestream the event at 10:00 a.m. ET on Jan. 25. …
House Energy Committee Republicans Holds Meeting on Big Tech in Fentanyl Crisis
U.S. House of Representatives Energy and Commerce Committee Republicans, led by Chair Cathy McMorris Rodgers (R-Wash.), will host a roundtable to discuss Big Tech platforms’ devastating role in the worsening fentanyl crisis. The Epoch Times will livestream the meeting at 10:30 a.m. ET on Jan. 25. …
LIVE NOW: House Energy Committee Republicans Holds Meeting on Big Tech in Fentanyl Crisis
U.S. House of Representatives Energy and Commerce Committee Republicans, led by Chair Cathy McMorris Rodgers (R-Wash.), will host a roundtable to discuss Big Tech platforms’ devastating role in the worsening fentanyl crisis. The Epoch Times will livestream the meeting at 10:30 a.m. ET on Jan. 25. …
Resist Urge to ‘Tickle’ the Snowpack as Slide Risk Increases, Avalanche Survivor Says
Twenty years after he survived being buried in a deadly avalanche in British Columbia’s backcountry, Ken Wylie is urging people to be cautious and aware while dealing with a similarly unstable snowpack this year. “Just accept this is a challenging season and make plans around that,” he said from his Mill Bay home on Vancouver…
Bank of Canada Expects January’s Interest Rate Increase to Be the Last of Hiking Cycle
OTTAWA—The Bank of Canada raised its key interest rate by a quarter of a percentage point (25 basis points) to 4.5 percent on Jan. 25, and indicated that it expects that its rate-hiking cycle is complete, barring any significant future economic surprises. “If economic developments evolve broadly in line with the MPR [monetary policy report]…
Tesla Announces $3.6 Billion Investment in Nevada for Factories, Promises 3,000 New Jobs
Tesla plans to invest more than $3 billion in Nevada to expand its Gigafactory as well as establish two additional factories, with the investment projected to create thousands of jobs in the state, the company announced on Tuesday. “We will be investing over $3.6 billion more to continue growing Gigafactory Nevada, adding 3,000 new team…
Wall Street Opens Lower as Weak Earnings Updates Dent Sentiment
January 25, 2023
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Business & MarketsCompanieseconomic policieseconomyinflationMarketsMedia & Big TechrecessionstocksUS
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Wall Street’s main indexes opened lower on Wednesday as downbeat quarterly updates from Microsoft and Boeing added to fears of a recession, with technology shares leading the declines. The Nasdaq Composite dropped 187.74 points, or 1.66 percent, to 11,146.53 at the opening bell. The Dow Jones Industrial Average fell 195.60 points, or 0.58 percent, at…
US Business Activity Declines for Seventh Month in a Row as Recession Looms
January 25, 2023
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Business & Marketsbusiness activityBusiness Confidenceeconomic downturneconomic recessioneconomyPMI Composite Output indexrecessionUSUS economy
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Business activity in the United States contracted for the seventh consecutive month in January, with both manufacturing and service sectors remaining in the red for the month, suggesting a downturn in economic activity. The S&P Flash U.S. PMI Composite Output Index for January came in at 46.6, up from 45 at the end of 2022,…
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