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

Become a contributor

Bookmark Econotimes

Business

Fri, Apr 10, 2026 04:27 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Spirit Airlines to Cut Jobs and Reduce Flights Amid Second Restructuring in 2025

Sep 18, 2025 03:37 am UTC| Business

Spirit Airlines is preparing for significant job cuts and a reduction in flight capacity as the ultra-low-cost carrier undergoes its second restructuring in less than a year. According to a staff memo from Chief Executive...

Disney’s ABC Pulls Jimmy Kimmel Live! After Controversial Remarks on Charlie Kirk Killing

Sep 18, 2025 01:18 am UTC| Politics Business Entertainment

Disneys ABC announced it will suspend Jimmy Kimmel Live! indefinitely following backlash over comments host Jimmy Kimmel made regarding the murder of conservative activist Charlie Kirk. The move came after Federal...

Meta’s ‘Celeste’ Smart Glasses Aim to Redefine AI Wearables

Sep 18, 2025 00:30 am UTC| Technology Business

Meta is set to debut its first consumer-ready smart glasses with a built-in display, marking a major step forward in its wearable tech strategy. Expected to be named Celeste, the glasses will launch alongside Metas first...

U.S. Lawmakers Question TikTok Deal Over Beijing Influence

Sep 18, 2025 00:19 am UTC| Politics Business Technology

The future of TikTok in the United States is facing renewed scrutiny as lawmakers raise concerns about a potential U.S.-China framework deal. Representative John Moolenaar, chair of the House Select Committee on the...

Nvidia Becomes Largest Short Position as Market Cap Surges

Sep 17, 2025 23:18 pm UTC| Business

Nvidia (NASDAQ: NVDA) has overtaken other tech giants to become the largest short position by notional dollar value, reaching $34.3 billion, according to new data from S3 Partners. The rise is primarily due to Nvidias...

Tesla to Redesign Door Handles After Safety Concerns

Sep 17, 2025 23:15 pm UTC| Business

Tesla is preparing to revamp its door handle design by merging the electronic and manual release mechanisms, currently positioned separately. Chief Designer Franz von Holzhausen revealed the update during a Bloomberg News...

FedEx Faces Profit Pressure as U.S. Ends Tariff Exemptions on Imports

Sep 17, 2025 10:51 am UTC| Business

FedEx is bracing for a quarterly profit hit after the U.S. ended tariff-free treatment for low-value international shipments, a move that directly impacts global e-commerce flows. The delivery giants fiscal first quarter,...

231 232 233 234 235 236 237 238 239 240

Economy

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

Netanyahu Seeks Lebanon Peace Talks Amid Ceasefire Fragility and Strait of Hormuz Crisis

Israeli Prime Minister Benjamin Netanyahu has announced plans to initiate direct peace negotiations with Beirut, just one day after devastating Israeli airstrikes killed over 300 people in Lebanon strikes that have now...

Trump Warns Iran Over Strait of Hormuz Toll Fees Amid Fragile Ceasefire

President Donald Trump issued a stern warning to Iran on Thursday, demanding that the country stop charging fees to tankers navigating the Strait of Hormuz. The warning came amid a delicate ceasefire following weeks of...

RFK Jr. Expands CDC Vaccine Advisory Panel's Scope Amid Legal Battles

U.S. Health Secretary Robert F. Kennedy Jr. has signed a new charter for the CDCs Advisory Committee on Immunization Practices (ACIP), broadening the panels focus to include vaccine risks and alleged gaps in vaccine safety...

Epstein Files: Key Figures Named in DOJ Document Release

The U.S. Justice Departments release of millions of internal documents linked to Jeffrey Epstein has exposed connections between the late financier and numerous high-profile individuals across politics, finance, and...

DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions

The U.S. Department of Justice has opened an investigation into the National Football League over potential anticompetitive practices that may be harming consumers, according to a source familiar with the matter. The probe...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...