PODCAST: Why This Recession is Different

Unhappy Ending: Chinese National Pleads Guilty To Money Laundering Over Prostitution Scheme Authored by Frank Fang via The Epoch Times (emphasis ours), A Chinese national has pleaded guilty to laundering more than $2 million from a prostitution enterprise run through spa businesses in New York’s capital region, the U.S. Attorney’s Office for the Northern District of New York announced on March 11. The U.S. Department of Justice in Washington on Aug. 7, 2025. Madalina Kilroy/The Epoch Times Xia Ming, 41, of Flushing, New York, pleaded guilty to conspiracy to commit money laundering on...

"Resilient" US Manufacturing Sector Surges In Face Of War, Prices Paid Up Amid the fog of war and fading 'hard' data, the final March S&P Global Manufacturing PMI printed 52.3 (a small drop from the flash 52.4 print), higher than the 51.8 print for February. “Faster growth of output in March points to encouraging resilience for US manufacturing in the face of the outbreak of war in the Middle East," according to Chris Williamson, Chief Business Economist at S&P Global Market Intelligence. The ISM Manufacturing PMI also rose from 52.4 to 52.7 -...