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

Become a contributor

Bookmark Econotimes

Business

Sat, May 30, 2026 09:32 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Meta Lays Off Employees at Instagram, WhatsApp, and Reality Labs Amid Restructuring

Oct 17, 2024 21:08 pm UTC| Life Technology Business

Meta has begun laying off employees across Instagram, WhatsApp, and Reality Labs, according to a report by The Verge. While the exact number of job cuts remains unspecified, Metas spokesperson confirmed that these layoffs...

Budget TV Brand Skywell Shocks Europe with Cheap EV Rival to VW and BYD

Oct 17, 2024 13:46 pm UTC| Technology Business

A budget TV manufacturer is making a surprising leap into Europes EV market with a new cheap electric hatchback set to rival offerings from VW and BYD. Boasting over 300 miles of range and rapid charging, the newcomer aims...

Cybercab Wireless Charging Speed Teased—Tesla Keeps Fans Guessing After 'We, Robot'

Oct 17, 2024 13:16 pm UTC| Technology Business

Teslas We, Robot event saw Elon Musk teasing the wireless charging speed of the upcoming Cybercab. Without disclosing specifics, the brief reveal has sparked widespread curiosity and discussions among electric vehicle...

Starlink Targets South Korea's Remote Regions for 2025 Launch Amid Policy Revisions

Oct 17, 2024 12:42 pm UTC| Technology Business

Starlink is planning a 2025 launch in South Korea, subject to regulatory approval. The governments recent public notice on amending technical standards is a step toward preventing frequency interference, potentially...

Digital Currency Revolution

87M DOGE Whale Strikes! Massive Move Ignites Price Surge as Market Eyes $0.5 Target

Oct 17, 2024 12:03 pm UTC| Digital Currency Technology Business

A massive whale purchase of 86.87 million DOGE has spurred a market surge, sending the coins price up 21%. Investor interest grows as bullish momentum continues, with potential gains ahead. Whale Alert Sparks Massive...

Digital Currency Revolution

Shiba Inu Whales Abandon Trillionaire Status: SHIB Faces Uncertain Waters

Oct 17, 2024 11:44 am UTC| Digital Currency Technology Business

Shiba Inus whale transactions have sharply decreased, plummeting from typical highs of four trillion SHIB to just 500 billion in the past seven days. This unexpected decline may significantly affect the tokens future price...

YouTube Launches 'Premium Lite' with 'Limited Ads'—Half-Price Option Now in More Regions

Oct 16, 2024 22:10 pm UTC| Technology Business

Expanding its reach, YouTube has introduced the Premium Lite planwith limited ads and a half-price tagto Australia, Germany, and Thailand. YouTubes Premium Lite Expands to New Countries According to 9to5Google,...

711 712 713 714 715 716 717 718 719 720

Economy

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar

Asian currencies traded in a narrow range on Friday while the U.S. dollar remained largely unchanged, as investors assessed reports suggesting the United States and Iran are close to extending their ceasefire agreement....

Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment

Asian stock markets posted strong gains on Friday, supported by a global technology rally and growing optimism surrounding a potential extension of the ceasefire between the United States and Iran. Investor confidence...

Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path

Tokyo consumer inflation slowed in May, reinforcing expectations that the Bank of Japan (BOJ) will continue taking a measured approach to monetary policy tightening as inflationary pressures remain moderate. According to...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

Netanyahu Gaza Expansion Plan Sparks Hamas Condemnation and International Concern

Israeli Prime Minister Benjamin Netanyahus announcement that Israel plans to expand its area of control in Gaza has drawn strong criticism from Hamas, European governments, and residents of the Palestinian territory. The...

Russia Prepares New Large-Scale Attack on Ukraine, Zelenskiy Warns

Ukrainian President Volodymyr Zelenskiy has warned that Russia is preparing a major new attack on Ukraine, citing intelligence reports that indicate plans for a large-scale military strike. The announcement comes as...

Science

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...

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...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...