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

Become a contributor

Bookmark Econotimes

Thu, Dec 18, 2025 11:32 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Emma Shortis

Research Fellow, RMIT University
I’m a historian and writer focused on the history and politics of the United States. I use my expertise in history to interpret and explain what is happening in America today, and what it means for Australia, in a compassionate and accessible way. In a conversation dominated by the same voices, I offer a fresh perspective on the United States grounded in moral questions about how we might imagine a post-American future.

My first book, Our Exceptional Friend: Australia’s Fatal Alliance with the United States, was published by Hardie Grant in August 2021. I also co-host RMIT’s popular history podcast, Barely Gettin’ By, with my friend Dr Chloe Ward.

I’m a regular guest on ABC radio and television and programs like Triple RRR’s Uncommon Sense. I’ve appeared on ABC’s The Drum, Channel 9’s Today Show, and ABC podcasts like Russia, If You’re Listening and The Signal. I write regularly for popular outlets including ABC News Online and the Sydney Morning Herald. In 2020, I was named RMIT’s Media Commentator of the year.

I’m currently a Research Fellow at RMIT. Before that, I spent a year in the United States as the Fox-Zucker International Fellow at Yale University, where I finished writing my PhD in History. My academic research focuses on the history of global climate policy and global environmental governance, and the role of the United States in the world.

In a largely uneventful and inconsequential US vice presidential debate, no one can claim victory

Oct 03, 2024 00:04 am UTC| Politics

Just like vice presidents themselves, in US politics, debates dont really matter until they do. The most recent debate (and likely the last of the 2024 election cycle) between aspiring vice presidents Senator JD Vance and...

Are you ready for it? What a Taylor Swift endorsement means for Kamala Harris

Sep 16, 2024 06:04 am UTC| Insights & Views Entertainment

As the US Presidential debate wrapped up on Wednesday, commentators and journalists regrouped and drew breath. But then, enter Taylor Swift. The pop superstar posted her endorsement of the Kamala Harris and Tim Walz...

Is America ready to elect a Black woman president?

Sep 09, 2024 08:16 am UTC| Insights & Views Politics

Its the big question that has loomed over Kamala Harris presidential campaign from the start: is the United States ready for a Black woman president? I get asked this almost every time I speak about American politics....

Global Geopolitics Series

How will US foreign policy affect Joe Biden’s chances of re-election in November?

Apr 22, 2024 03:28 am UTC| Insights & Views Politics

When big questions about American foreign policy collide with an election, its rarely good news for a sitting president. Like many leaders before him, US President Joe Biden has had some of these questions thrust on...

US Election Series

Who will Trump pick as his running mate?

Apr 01, 2024 03:45 am UTC| Insights & Views Politics

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

Some truths are self-evident: Joe Biden is too old. But who could possibly replace him?

Feb 21, 2024 10:57 am UTC| Insights & Views Politics

It is possible, in politics as in life, for several things to be true at once. It is true that Donald Trump and his plans for a second presidential administration represent an existential threat to American...

US under Trump Series

Donald Trump faces half a billion dollars of debt and several court cases. But that may not stop him from becoming president again

Feb 20, 2024 11:13 am UTC| Politics

The verdicts keep coming. On Friday US time, the three-month hearing focused on Donald Trumps business dealings in New York came to an end. Trump was ordered to pay back more than $US350 million (A$537 million), plus...

1 2

Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

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

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...