Car Rams Through Security Area Near White House; Driver Shouts "Oh My God" As Agents Make Arrest

Paul Pelosi Officially Charged With Hit-And-Run In Northern California Authored by Jill McLaughlin via The Epoch Times, Paul Pelosi, husband of Rep. Nancy Pelosi (D-Calif.), was charged with misdemeanor hit-and-run on July 17 after authorities alleged he struck another vehicle parked on the side of a road on July 3 in Napa County, California. The Napa County District Attorney’s Office also charged Pelosi, 86, of St. Helena, with making an unlawful turn. A witness who saw the accident called 911. Napa County Sheriff’s deputies responded to the scene in Yountville, California, on July...

A Fed Rate-Hike Would Be A Serious Mistake Authored by Daniel Lacalle, The latest U.S. inflation report and jobs data do not justify another interest rate increase. Additionally, June data show that inflation is slowing down, especially in the core CPI measure that is most closely watched by monetary authorities, while ongoing tightening is stopping the labor market from reaching its full potential. Hiking rates while maintaining elevated liquidity harms families and small businesses and perpetuates the very factors that drive inflation, including rising money supply and government spending. Keeping rates above the neutral...

Beijing Boosts BeiDou Satellite System To Try And Compete With GPS China is upgrading its BeiDou satellite navigation system, a domestic alternative to GPS, to expand its global reach and industry use, according to South China Morning Post. The plan involves replacing older satellites with newer third-generation models and adjusting their orbits to improve worldwide coverage. The system will be streamlined from 50 to 37 active satellites, most operating in medium Earth orbit like GPS and Europe’s Galileo. A few satellites will remain in specialized orbits to improve signal reliability in certain...