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

Become a contributor

Bookmark Econotimes

Politics

Tue, Dec 30, 2025 02:20 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Russia-Ukraine conflict: Russia withdraws from Snake Island, Black Sea outpost

Jul 01, 2022 09:54 am UTC| Politics

Russia continues to wage war on Ukraine for the fourth month since the invasion in February, creating blockades in the Black Sea to disrupt exports. This week, in a victory for Ukraine, Russian forces withdrew from the...

US House Speaker Nancy Pelosi takes communion at papal Mass in rebuke to US bishops

Jul 01, 2022 09:43 am UTC| Politics

US House Speaker Nancy Pelosi was under scrutiny by the church in her home city of San Francisco over her support for abortion. Despite a bar from taking communion in her local church, Pelosi was seen accepting communion...

Afghanistan: Religious, ethnic leaders address girls' education during national gathering

Jul 01, 2022 09:33 am UTC| Politics

Religious and ethnic leaders in Afghanistan all came together this week in the national unity gathering organized by the Taliban. During the event, the issue of girls education was addressed despite having no women in...

Joe Biden voices support for overriding Senate filibuster to codify abortion rights

Jul 01, 2022 09:25 am UTC| Politics

Following the ruling of the US Supreme Court overturning the landmark abortion rights decision, Congress is facing growing calls to codify abortion rights into law. President Joe Biden, during the NATO summit, expressed...

North Korea rejects US humanitarian assistance, says offer is 'foolish' and politically-motivated

Jul 01, 2022 09:13 am UTC| Politics

North Korea has rejected another gesture by the United States, questioning Washingtons reasons behind offering humanitarian aid amidst a COVID-19 outbreak in the isolated nation. Pyongyang dismissed the offer, saying it...

US Supreme Court: Ketanji Brown Jackson becomes first Black woman to become SCOTUS justice

Jul 01, 2022 08:53 am UTC| Politics

This week, federal judge Ketanji Brown Jackson was sworn in as the newest associate justice of the US Supreme Court. Jackson is succeeding retiring liberal Justice Stephen Breyer, who also officially retired the same...

Russia-Ukraine conflict: Pope Francis condemns Russia's aggression, expansionism, imperialism in Ukraine

Jul 01, 2022 08:44 am UTC| Politics

Pope Francis has spoken out against Russias war on Ukraine, his latest being another condemnation of the conflict Moscow is waging on Kyiv. The Pontiff this week condemned the war again, accusing Russia of aggression,...

1391 1392 1393 1394 1395 1396 1397 1398 1399 1400

Economy

U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade

U.S. stock index futures were little changed on Monday evening, reflecting cautious sentiment after Wall Street closed lower amid losses in major technology stocks. With markets entering another holiday-shortened trading...

European Markets Mixed as Pound Weakens and Major Corporate Deals Emerge

European financial markets opened the week on a cautious note as investors returned after the long Christmas holiday weekend. British stocks were largely flat at Mondays open, while the pound sterling weakened against the...

Silver Prices Hit Record Highs: How Silver Is Traded and Why Demand Is Surging

Silver prices surged past $80 an ounce for the first time on Monday, driven by a powerful combination of industrial demand, investor interest, persistent supply shortages, and momentum-based trading. The rally briefly...

Gold Prices Ease After Record Highs as Dollar Firms, Broader Bullish Outlook Intact

Gold prices edged lower on Monday after reaching record highs in the previous session, as some investors opted to lock in profits and the U.S. dollar strengthened modestly. Despite the pullback, gold continues to draw...

China to Cut Import Tariffs on Key Commodities and Medical Products From Next Year

China has announced a new round of tariff adjustments set to take effect next year, signaling continued efforts to support domestic industries, enhance supply chains, and promote economic stability. According to a...

Politics

Lockheed Martin Secures $92.8M AEGIS Sustainment Contract from U.S. Navy

Lockheed Martin Rotary and Mission Systems has received a $92.8 million contract modification from the U.S. Naval Sea Systems Command to provide ongoing AEGIS system sustainment services for allied navies in the...

Russia Accuses Ukraine of Drone Plot Against Putin as Peace Talks Face New Strain

Russia and Ukraine exchanged sharp accusations on Monday after Moscow claimed that Ukraine attempted to attack President Vladimir Putins residence with drones, an allegation Kyiv firmly rejected as false and provocative....

China Conducts Largest-Ever Live-Fire War Games Around Taiwan Amid Rising Cross-Strait Tensions

China has launched 10 hours of live-firing military exercises around Taiwan, marking the second day of what Beijing describes as its largest-ever war games encircling the island. The drills, carried out under the Eastern...

Bukele Signals Willingness to Extend Power as El Salvador’s Term Limits Are Scrapped

El Salvadors President Nayib Bukele has again fueled debate over democracy and constitutional order after stating he would be open to remaining in power for another decade. Bukele, who first took office in 2019 and is...

Lavrov Says Russia Holds Strategic Initiative in Ukraine as Settlement Talks Continue

Russian Foreign Minister Sergei Lavrov has stated that Russia maintains the strategic initiative in Ukraine, emphasizing that Western nations must accept the current battlefield realities as discussions on a potential...

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

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

Chinas private rocket startup LandSpace is rapidly emerging as a key challenger in the global commercial space race, openly drawing inspiration from Elon Musks SpaceX while reshaping Chinas traditionally state-led space...

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...