By Tom Ozimek Wholesale used car prices hit a record high in September with the chip shortage and other supply constraints squeezing new-vehicle inventories and combining with strong demand to send prices soaring. The Manheim U.S. Used Vehicle Value Index rose 5.3 percent over the month in September and by 27.1 percent over the year to an […]
Search results
Posted inNational News
Virginia Judge Hands Victory to Parents, Sides Against Prosecutor on School Board Recall
By Jack Phillips A Virginia-based parent group attempting to oust five Loudoun County School Board members was given a small win after a Loudoun County Circuit Court judge ruled Tuesday in favor of the organization’s recall petition against a board member who sought to dismiss it. On Tuesday, a judge denied Loudoun County school board member Beth Barts’ motion […]
Posted inNational News
American Employers Added 194,000 Jobs in September, Far Below Expectations
By Tom Ozimek U.S. employers added fewer than 200,000 jobs in September, sharply undershooting market expectations and painting a picture of labor market recovery that’s on wobbly footing. The Labor Department’s jobs report, released Oct. 8, shows that non-farm payroll employment rose by a paltry 194,000 last month, down from last month’s upwardly revised 366,000 and far below […]
Posted inWorld
Oil Extends Losses as US Mulls Strategic Reserve Sales
By Reuters LONDON—Oil prices fell sharply on Thursday, extending losses from the previous session, as the United States said it was considering selling oil from its strategic reserves and as Russia said it was ready to stabilise the natural gas market. Brent crude prices fell $1.24, or 1.5 percent, to $79.84 a barrel by 0918 GMT, […]
Posted inNational News
Pfizer Scientists in Undercover Videos Say Natural Immunity Likely Better Than COVID-19 Vaccination
By Zachary Stieber A trio of scientists at Pfizer were recorded speaking to undercover reporters about the existence of natural immunity to the virus that causes COVID-19, with one saying employees had been told not to discuss the protection publicly. Natural immunity refers to the protection people enjoy against the CCP (Chinese Communist Party) virus after recovering from COVID-19. “When […]
Posted inNational News
Households Brace for Higher Winter Heating Costs as Natural Gas Prices Vault
By Tom Ozimek The relentless rise in natural gas prices continued on Wednesday, highlighting the looming threat to American households bracing for higher heating costs in the event of a harsh winter. U.S. natural gas futures were up 1.11 percent at $6.382 per million British thermal units (mmBtu) in early trading on Oct. 6 after jumping around 9 […]
Posted inWorld
Australian Medical Manufacturer Recalls Nearly 200,000 COVID-19 Tests in US Over ‘False Positive’ Results
By Katabella Roberts Nearly 200,000 at-home COVID-19 tests in the United States have been recalled by Australian medical tech manufacturer Ellume after the company identified that they produced an incorrect positive result. Ellume was given an emergency authorization in December by the U.S. Food and Drug Administration (FDA) to supply the COVID-19 Home Test for non-prescription use by symptomatic and asymptomatic individuals aged 2 years […]
Posted inWorld
Rumors Swirl About Source of Pandora Papers
By Ken Silva The International Consortium of Investigative Journalists (ICIJ) and its affiliates on Oct. 3 began publishing stories about the Pandora Papers—a trove of 2.94 terabytes of data made up of about 11.9 million records, reportedly exposing the finances of the world’s wealthy elite. The Pandora Papers follow the ICIJ’s 2016 Panama Papers and 2017 Paradise Papers […]
Posted inWorld
Oil Slips to $78 as Sources Say OPEC+ Weighs Further Output Hike
LONDON — Oil fell to around $78 a barrel on Friday on the prospect that OPEC+ producers might step up a planned increase in output to ease supply concerns, although crude remained in sight of a three-year high reached this week. The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, meet on Monday. Four OPEC+ sources said on […]
Posted inWorld
China to US Freight Cost Soared Tenfold Due to Container Shortage
By Jessica Mao and Ellen Wan Since August, the price of container freight from China to the United States has soared ten times, setting a record high. Due to the CCP (Chinese Communist Party) virus pandemic, containers shipped from China cannot return immediately after unloading at their destinations, causing congestion due to empty cargo rotation and limited shipping capacity. Global shipping […]
Posted inWorld
‘3 Warfares’ Doctrine Underpins CCP’s Sprawling Campaign to Infiltrate the West: Report
By Cathy He Psychological warfare. Public opinion warfare. Legal warfare. Known as the “three warfares” doctrine and relatively unknown in the West, these concepts serve as key strategies guiding the Chinese Communist Party (CCP) in its quest to win a war against the free world without firing a single shot. Psychological warfare seeks to demoralize […]
Posted inNational News
Business Activity Growth Hits 12-Month Low on Supply Hold-Ups and Capacity Shortages
By Tom Ozimek Business activity in the United States in September grew at its slowest monthly pace in 12 months, with supply chain hold-ups and capacity shortages hampering growth. Data firm IHS Markit said on Sept. 23 that its flash U.S. Composite PMI Output Index (pdf)—which tracks the manufacturing and services sectors—retreated to a reading of 54.5 in September. […]
