The Fed will fight inflation, raising rates for the first time since 2018. But what are the risks? The price of oil has dropped $30 from its highest point a week ago, but gas prices are not easing much. Why is that? Is China trying to distance itself from Russia? Beijing recently said it has […]
Why is Shell selling all of its assets in the Permian Basin, located in the southwestern part of the United States? The buyer has agreed to pay nearly $10 billion in cash. Google is spending big on physical office space in New York City, even as many companies embrace a more flexible work model. U.S. […]
The number of Americans filing for unemployment jumped. The Labor Department says the number of Americans filing new jobless claims surged to 965,000 last week. The increase is due to shutdowns and other responses to rising virus cases. Job cuts in the leisure and hospitality sector accounted for the biggest chunk of job losses last […]
Millions of Americans are struggling to pay off their loans during the pandemic. While the federal government allows for some relief, consumers should still be vigilantly monitoring their credit. Under the federal CARES Act, consumers affected by the pandemic can get some relief in paying their debts—without damaging their credit. But one financial expert warns […]
On May 5, Chinese officials announced the successful launch of their largest carrier rocket. It’s The Long March-5B, from the southern province of Hainan. One day later, state-run media Xinhua said the Rocket’s core ran into a problem while returning to earth. The defense department confirmed on May 11, the rocket fell out of the […]
A Chinese doctor was forced to flee his motherland because he treated a group of patients who are not in the regime’s good books—human rights lawyers. Today we bring you the story of Dr. Zhao and why he had to escape China.
The Trump administration has tightened rules on tech industry sales to Huawei, the Chinese telecom giant. Here is how it may impact Huawei’s all-important supply of microchips and other ways the company has found itself in hot water. The U.S.’s latest move to cut off Huawei from global microchip supplies could threaten the company’s very […]
Several children in China were sickened after being fed a protein drink sold as baby formula. According to Hunan TV, The children’s heads began to deform after being fed a product called Bei An Min. It’s passed off as infant milk and sold to parents. The children developed eczema and lost weight. Some would repeatedly […]
Concerns are rising about China’s influence over academic freedom at American universities’. The U.S. is stepping up its scrutiny of universities’ foreign funding and contracts. The most recent case, a prominent Harvard professor was charged with hiding his ties to China’s “Thousand Talents Plan.” And that’s not the only example of Beijing’s influence on Harvard. […]
The ongoing pandemic has brought America’s dependence on China for medical supplies into the spotlight. According to a recent congressional report(pdf), 30 percent of personal protective equipment imported to the United States last year came from China. Similarly, 80 percent of the basic components used in U.S. drugs mostly come from China and India. But 80 […]
Thousands of Chinese investors were shocked last Wednesday after receiving a notice from the bank of China, telling them they’d lost their investment; with some even owing the bank tens of thousands of dollars. These individual investors had put their money in a product linked to foreign oil futures, called “Crude oil Bao,” sold by […]
The UK is among the hardest-hit places amid this pandemic, and its Prime Minister is the first head of state to contract the CCP (Chinese Communist Party) virus, commonly known as novel coronavirus. Voices are rising in the UK, urging its government to rethink its ties to China. The calls come over the regime’s mishandling […]
Seventy-five thousand booths and over 200,000 daily visitors are located in Yiwu International Trade City in southern Zhejiang province—the primary wholesale market in China. Vendors here sell to customers from around the world, and most of the goods sold are small household items and clothing. Now many shop owners here have closed their doors and […]
Taiwan officials publicized a letter it had sent to the World Health Organization (WHO) to prove that as early as Dec. 31 last year, the country tried to sound the alarm—warning the organization about human to human transmission of the virus.
A new study by European researchers found three different types of CCP virus genomes spreading around the world. The Cambridge study, titled “Phylogenetic network analysis of SARS-CoV-2 genomes”(pdf), was published last week by Proceedings of the National Academy of Sciences (PNAS). It studied the first 160 complete viral genomes from the earliest patients across the […]
In early February, China’s Propaganda Department sent 300 reporters to the epicenter of the outbreak. Zhang Zhenyu is a former reporter with iFeng, a Hong Kong-based pro-Beijing media outlet. He now lives in Canada. Based on news industry sources in China, he revealed how Beijing controls this group of reporters.
Spain now has the second-highest number of the CCP virus infections in Europe, trailing closely behind Italy. Today, we take a look into Spain’s relationship with China, where the pandemic first began. NTD refers to the novel coronavirus, which causes the disease COVID-19, as the CCP virus because the Chinese Communist Party’s coverup and mismanagement […]
As the CCP virus forces the United States to re-examine its relationship with China, we look at where the first case appeared in America—Washington state and Seattle, ground zero of the U.S. outbreak. According to China expert Tang Jingyuan, the Chinese Communist regime’s leaders have always seen Seattle as an important nexus in its relationship […]
As we previously reported, one reason Taiwan has done well against the CCP virus is its clear understanding of the Chinese Communist government. Taiwan officials are now calling out the regime for misleading the world. NTD refers to the novel coronavirus, which causes the disease COVID-19, as the CCP virus because the Chinese Communist Party’s […]
President Trump ended his Davos trip on Jan. 22. Before leaving, he again touted America’s economic success, and said negotiating a trade deal with EU is “tougher than China”, he also urged the World Trade Organization (WTO) to reform its system.
President Trump had his first meeting with the new president of the European Commission on Jan. 20, on the sidelines of the World Economic Forum in Davos, Switzerland. He said if a deal was not struck, Washington would strongly consider auto tariffs.
Phase 1 of the deal will reduce tariffs on both sides, increase China’s purchases of U.S. goods, and require China to make structural changes to its economy. “President Trump’s strategy was exactly right. I think tough tariffs brought him to the negotiating table. I think that tough tariffs hurt their economy and made them much […]
A sweeping consumer privacy law went into effect in 2020 in the state of California, but it seems many businesses are still not yet ready to comply. The California Consumer Privacy Act (CCPA) is one of the most significant regulations overseeing the data collection practices of U.S. companies. It gives consumers more control over their […]
Super Saturday, the last Saturday before Christmas topped Black Friday and became the biggest shopping day in U.S. retail history, according to Bloomberg. According to Customer Growth Partners, a retail research firm, the total sales on Dec. 21 reached $34.4 billion, 10 percent higher than the $31.2 billion for Black Friday. On Dec. 24, many shoppers were […]
The U.S. House of Representatives overwhelmingly voted to pass the U.S.–Mexico–Canada Agreement (USMCA) last week, and it’s expected to pass in the Senate next year. Some experts said the advancing of the agreement gave businesses the assurance they need, and will bring freer and fairer trade among the three countries and subsequently boost the U.S. economy. […]
NEW YORK—More fake cash used in Hollywood films are circulating as real ones this holiday season, and shoppers are being encouraged to learn how to spot them. “All of a sudden, there’s a new kind of counterfeit money that’s being used, because online sellers are selling fake Hollywood money,” warned Sen. Chuck Schumer (D-NY) at […]
On the west side of Manhattan in New York, a small 19th-century store is known for its unique handicraft. The traditional craft—called chair caning—has a history of hundreds of years. The store opened in 1899, with this fourth-generation family business being a neighborhood fixture. The inconspicuous store has repaired chairs of every shape and size. […]