Category: Business & Markets

Diesel Prices on Cusp of $4 a Barrel as Pump Prices Decline for Third Straight Week

Average U.S. diesel prices have declined, while gas prices declined for the third consecutive week. The national average price of diesel fell by $0.063 over the last week, and now stands at $4.01 per gallon, $1.51 lower from a year ago, according to GasBuddy. The most common U.S. diesel price was $3.99 per gallon, which stood…


ANALYSIS: Is the Fed’s Inflation Fight Yielding Results?

All eyes this week will be on the April inflation report. Will it continue its downward trend, or will the consumer price index (CPI) continue to be stubborn and sticky? The Federal Reserve Bank of Cleveland’s Inflation Nowcasting is penciling in an annual inflation rate of 5.2 percent, which would be up from 5 percent…


Oklahoma Governor Defunds State PBS Station, Citing ‘Over-Sexualization of Our Children’

Oklahoma’s Republican Governor Kevin Stitt is defending his decision to cut funding for the Oklahoma Educational Television Authority (OETA), pointing to the “problematic” sexual content broadcasted that targeted children. OETA is the Public Broadcasting Service (PBS) member station for Oklahoma. Last week, Stitt vetoed a bill that sought to extend funding for OETA through 2026….


Biden Wants Airlines to Pay Americans for Lengthy Delays, Cancellations

The Department of Transportation (DOT) announced plans for new regulations that would require airlines to compensate passengers and cover expenses for meals and hotel rooms when flights were delayed or canceled. In a statement on Monday, DOT said the aim of the rules would be to require airlines to provide compensation beyond a ticket refund…


Biden Admin Wants Airlines to Pay Americans for Lengthy Delays, Cancellations

The Department of Transportation (DOT) has announced plans for new regulations that would require airlines to compensate passengers and cover expenses for meals and hotel rooms when flights are delayed or canceled. In a statement on Monday, DOT said the aim of the rules would be to require airlines to provide compensation beyond a ticket…


Biden Admin Takes Aim at Dishwashers to Tackle ‘Climate Crisis’ After Gas Stove Clampdown

After taking aim at gas stoves as a way to cut greenhouse gases, the Biden administration has turned its attention to other home appliances, with dishwashers now in its crosshairs. The Department of Energy (DOE) on Friday announced congressionally-mandated proposed standards for new dishwashers that promise to lower costs while reducing the amount of carbon…


Popular Children’s Bunk Beds Recalled Because Support Slats Can Break

The Consumer Product Safety Commission (CPSC) announced a recall on May 4 for 121,000 twin-over-twin bunk beds sold online by Amazon.com, Walmart, Home Depot, and other retailers. The twin bunk beds made by Walker Edison Furniture may have slats that break and pose falling and impact hazards. “Consumers should immediately stop using the recalled bunk beds…


Starbucks Sacks Employee Who Accused Customer of Being Transphobic

A Starbucks employee filmed ranting furiously at a customer after allegedly being “misgendered” has been sacked, the coffee giant has confirmed. In a statement to The Epoch Times, Starbucks said the transgender employee’s contract had been “terminated” following an investigation into the incident, which went viral on social media. Footage of the altercation, which took…


[Premiering 5/9 at 7:30PM ET] Asra Nomani on the ‘Unholy Alliance’ Between the Woke Left and the Islamist Right That Is Destabilizing America

“He came to visit a home that I was renting in Karachi, and he went off for an interview. And he never came back. The man whom he was supposed to interview had set a trap for Danny. It was actually a kidnapping scheme. And Danny was never to be seen again.” In 2002, Wall…


British Universities Accepted £30 Million From Blacklisted Chinese 5G Giant Huawei

Blacklisted technology company Huawei has plunged at least £30 million into British universities via research grants and donations. The Epoch Times can reveal the telecom giant—deemed a national security threat by the United States government—is the biggest China-based donor to higher educational institutions in the UK. Over the past four years, Huawei and its advanced…