Category: Business & Economy

Why Home-Based, Tech-Enabled Care Is the Future of Medicine for Seniors

Home-based, technology-enabled primary care can make all the difference for seniors, whether they have chronic conditions or just want to remain healthy and prevent illness. As the American population continues to age, it is critical to reimagine primary care to account for the emerging trends in the senior community. More tech-savvy seniors, like those with…


One Year Since Uber’s IPO: A Look at the Stock’s Bumpy Ride

Most investors who owned stocks in the past year have lost money. the SPDR S&P 500 SPY total return in that time is roughly -4.8 percent. But there’s no question some big-name stocks have done much better than others in that stretch. Uber’s Bumpy Ride Unfortunately, one stock that has struggled mightily since April of last…


Net-Zero Will See Australia Surrender ‘Economic, Military’ Advantage to China: UAP Leader

United Australia Party leader Craig Kelly has pledged to stand against reconfiguring Australia’s economy to meet net-zero targets, warning it will force the country to give up its competitive advantages to China. Kelly, who quit the centre-right Coalition government in August 2021, made the comments during the National Press Club debate on May 16 between…


Crypto Owners Need to Report Capital Gains in 2022, Australian Tax Office Warns

Australian cryptocurrency (or crypto) owners will need to pay due diligence when they lodge their tax returns this year as the Australian Tax Office (ATO) has announced that it will focus on capital gains from crypto-assets for the 2022 tax season. In a statement released on May 16, the ATO emphasised that Australians would have…


Australian Labor Party Commits to Manufacturing in Australia Again

If elected to government on Saturday, May 21, the Australian centre-left Labor Party has promised to invest $1 billion (US$689.5 million) in advanced manufacturing to have Australia produce more of its own goods again. This investment intends to rebuild the nation’s industrial base, creating new capabilities and opportunities for innovation in transport, defence, resources, agricultural…


Concerns Coalition Housing Policy Could See Prices Rise, Yet Long-Term Solutions Nowhere in Sight

The incumbent centre-right Coalition government’s recently announced housing policy—that will allow first home buyers to access their superannuation funds—has been criticised by the opposition, financial sector, and unions over concerns it will cause a spike in residential real estate prices. Yet in early May, one economist told The Epoch Times that the centre-left Labor Party’s…


‘We Are on the Precipice of a Food Shortage’: Goya CEO on Looming Food Crisis

Policies leading to a war on fossil fuel as well as the Russian invasion of Ukraine will contribute to a food crisis, according to Robert Unanue, President and CEO of Goya Foods. “We are on the precipice of food shortage.” Russia and Ukraine together produce half of the fertilizer used in the United States and…


Jeff Bezos Attacks the Biden Administration on Inflation, ‘Misdirection’

Jeff Bezos, the founder of Amazon, ramped up his criticism of President Joe Biden on May 15, stating that the “misdirection” coming from the White House is not helping the country. Bezos, like many economists, slammed the administration’s attempts to stoke an already overheated economy with further stimulus. He said inflation mostly harms the poor….


Jeff Bezos Criticizes Biden Administration on Inflation, ‘Misdirection’

Jeff Bezos, founder of Amazon, ramped up his criticism of President Joe Biden on May 15, saying that the “misdirection” coming from the White House isn’t helping the country. Bezos, like many economists, criticized the administration’s attempts to stoke an already overheated economy with further stimulus. He said inflation mostly harms the poor. “In fact,…


Ex-Goldman Sachs CEO Warns Americans to Prepare for Economic Recession

Former Goldman Sachs CEO Lloyd Blankfein said that people should be prepared for an economic recession amid elevated inflation and record-high gas prices. When asked during a CBS News interview Sunday, former CEO Lloyd Blankfein said Americans should brace for a dim economic future. Blankfein was the head of the investment banking firm Goldman Sachs between…