Menu

Search

Trump Administration Halts $2.1 Billion in Chicago Transit Projects Amid Shutdown

Oct 04, 2025 03:37 am UTC| Politics Governance

The U.S. government has frozen $2.1 billion in funding for major Chicago infrastructure projects, Office of Management and Budget Director Russ Vought announced Friday. The move comes during the ongoing partial government...

Appeals Court Rules Trump’s Birthright Citizenship Order Unconstitutional

Oct 04, 2025 03:34 am UTC| Politics Law Governance

President Donald Trumps renewed effort to restrict birthright citizenship suffered another major defeat after the 1st U.S. Circuit Court of Appeals declared his executive order unconstitutional. The Boston-based appeals...

FEMA Halts Emergency Preparedness Grants Pending Updated Population Data

Oct 04, 2025 03:28 am UTC| Politics Governance

The U.S. Federal Emergency Management Agency (FEMA) has suspended the distribution of emergency management performance grants, which fund disaster preparedness programs across states, until states provide revised...

Trump Floats Rebate Checks Funded by Tariff Revenues Amid Shutdown

Oct 03, 2025 06:35 am UTC| Politics Governance

U.S. President Donald Trump said on Thursday that his administration is considering sending rebate checks to American taxpayers, funded directly by revenues from newly imposed tariffs. In an interview with OAN News, Trump...

Trump Warns of Federal Job Cuts and Promises Possible Tariff Rebates Amid Government Shutdown

Oct 03, 2025 06:26 am UTC| Politics Governance

U.S. President Donald Trump has signaled that federal employees could face layoffs and some government projects may be permanently scrapped if the ongoing partial government shutdown persists. Speaking in an interview with...

FEMA Halts Emergency Preparedness Grants Amid Population Verification Concerns

Oct 03, 2025 00:43 am UTC| Politics Governance

The U.S. Federal Emergency Management Agency (FEMA) has temporarily suspended the release of emergency preparedness grants to states until they verify their population counts, according to a report from CNN. The agency...

Trump Administration Pressures Elite Universities with New Higher Education Compact

Oct 03, 2025 00:09 am UTC| Politics Governance

The Trump administration is pursuing a fresh approach to reshape U.S. higher education, shifting from threats to financial incentives in order to push its ideological agenda. On Wednesday, the White House sent a memo...

  121 122 123 124 125 126 127 128 129 130   

Economy

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Oil Prices Trim Gains After Trump Rules Out Iran Strikes Before Midterms

Oil prices reduced earlier gains on Thursday after U.S. President Donald Trump announced that Washington would not launch military strikes against Iran before the November 3 midterm elections, easing concerns over further...

Iran Refuses to Halt Uranium Enrichment Amid US Nuclear Demands

Iran has reaffirmed its refusal to suspend uranium enrichment or surrender its uranium stockpile, escalating tensions with the United States as diplomatic efforts continue to end the ongoing conflict and reopen the Strait...

Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks

Gold prices moved higher on Thursday, recovering from their lowest level since early August as renewed tensions around the Strait of Hormuz increased concerns over energy supplies and inflation. Expectations that the...

Politics

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

US Charges Maduro and Wife With Torture Conspiracy

US prosecutors have filed new torture conspiracy charges against former Venezuelan President Nicolas Maduro and his wife, Cilia Flores, expanding an existing drug trafficking case ahead of their scheduled trial in 2027....

Zelenskiy Criticizes US as Russian Strikes Kill 78 in Ukraine

Ukrainian President Volodymyr Zelenskiy accused the United States of failing to provide sufficient support after Russian airstrikes killed 78 people and injured 215 across Ukraine over two days, intensifying tensions over...

ICC Rules Duterte Fit to Stand Trial in Drug War Case

The International Criminal Court (ICC) has ruled that former Philippine President Rodrigo Duterte is medically fit to stand trial, clearing a major legal hurdle ahead of proceedings scheduled to begin on November 30. The...

Berlin Coalition Talks Advance After Left Party Antisemitism Deal

Germanys Left Party has agreed to new measures addressing antisemitism, clearing a major obstacle to coalition negotiations with the Social Democrats (SPD) and Greens following Berlins September 20 state election. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...

Oracle Uses Trucked Natural Gas to Power AI Data Centers Amid Pipeline Delays

Oracle Corp. is transporting natural gas by truck to several data centers across the United States as delays in pipeline construction threaten the companys artificial intelligence infrastructure expansion plans, Bloomberg...

Apple Names Steve Smith M&A Chief in Leadership Shakeup

Apple Inc. is making significant changes to its executive leadership, appointing Steve Smith as its new head of mergers and acquisitions (MA) as the technology giant continues restructuring its management team under newly...

Anthropic Launches Claude Dashboards and Motion AI Tools

Anthropic has introduced two new artificial intelligence tools, Claude Dashboards and Claude Motion, expanding its workplace productivity offerings as competition intensifies among AI companies seeking to attract business...

US Suspends Microsoft, Adobe From Green Card Program

The U.S. government has suspended Microsoft, Adobe, and several major IT companies from a federal employment-based green card program as the Trump administration intensifies scrutiny of foreign worker hiring practices....
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.