Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Politics

Sun, Dec 21, 2025 09:10 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Judge Halts Mass Firings at CFPB Over Potential Trump-Era Court Violation

Apr 20, 2025 03:06 am UTC| Politics Law

A federal judge temporarily blocked the mass termination of up to 1,500 employees at the U.S. Consumer Financial Protection Bureau (CFPB), citing concerns the Trump administration may have breached court-ordered protocols...

Trump Targets Federal Workforce With New Job Classification Shift

Apr 20, 2025 03:06 am UTC| Governance Politics

U.S. President Donald Trump announced a major overhaul of federal employment classifications, aiming to reclassify tens of thousands of government workers as schedule policy/career. This move, part of an executive order...

Starmer, Trump Discuss UK-US Trade Amid Tariff Tensions

Apr 20, 2025 03:06 am UTC| Politics

British Prime Minister Keir Starmer held talks with U.S. President Donald Trump on Friday, focusing on key global issues and ongoing UK-U.S. trade negotiations. The discussion comes as the UK seeks to secure a new trade...

US Lawmakers Visit Damascus Amid New Syrian Leadership, Eye Sanctions and Stability

Apr 20, 2025 03:06 am UTC| Politics

In a historic move, U.S. Representatives Cory Mills (Florida) and Marlin Stutzman (Indiana) arrived in Damascus on Friday, marking the first congressional visit to Syria since Islamist-led rebels ousted former President...

Trump Threatens to Abandon Russia-Ukraine Peace Talks Amid Stalemate

Apr 20, 2025 03:06 am UTC| Politics

U.S. President Donald Trump warned that Washington could pull out of efforts to broker peace between Russia and Ukraine if no progress is seen in the coming days. Trump, speaking at the White House, said both sides must...

Michael Faulkender Appointed Acting IRS Chief Amid Shapley Exit and Controversy

Apr 20, 2025 03:06 am UTC| Politics

U.S. Treasury Secretary Scott Bessent confirmed the appointment of Deputy Treasury Secretary Michael Faulkender as acting IRS commissioner, replacing Gary Shapley after less than three days in the role. The leadership...

Trump Fast-Tracks 10 U.S. Mining Projects to Boost Critical Mineral Supply

Apr 20, 2025 03:06 am UTC| Politics Governance Business

The White House has announced plans to fast-track permitting for 10 strategic mining projects across the United States under the FAST-41 initiative, aimed at accelerating the domestic production of critical minerals like...

431 432 433 434 435 436 437 438 439 440

Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...