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

Become a contributor

Bookmark Econotimes

Economy

Sat, May 30, 2026 07:17 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

UK Unveils Industrial Strategy to Cut Energy Bills and Boost Growth

Jun 23, 2025 02:16 am UTC| Economy

The UK government will unveil a new industrial strategy aimed at slashing energy bills for more than 7,000 electricity-intensive businesses by up to 25% starting in 2027. The initiative, part of the 20252035 economic...

Dollar Gains Slightly as Markets Brace for Iran’s Response to U.S. Strikes

Jun 23, 2025 02:11 am UTC| Economy

The U.S. dollar edged higher on Monday as investors sought safety amid escalating tensions in the Middle East following U.S. airstrikes on Irans nuclear facilities. The greenback saw modest gains, with the dollar index up...

Goldman Sachs Warns Oil Could Spike to $110 on Hormuz Disruption

Jun 23, 2025 01:28 am UTC| Economy Insights & Views

Goldman Sachs has issued a warning about growing risks to global energy markets, pointing to potential disruptions in the Strait of Hormuza vital chokepoint for oil and gas shipments. In a research note dated Sunday, the...

Japan's Manufacturing PMI Returns to Growth in June, Beats Expectations

Jun 23, 2025 01:16 am UTC| Economy

Japans manufacturing sector showed stronger-than-expected recovery in June, with the au Jibun Bank Manufacturing Purchasing Managers Index (PMI) climbing to 50.4beating forecasts of 49.5 and rebounding from 49.4 in May....

Oil Prices Surge to 5-Month Highs Amid U.S.-Iran Tensions and Supply Fears

Jun 23, 2025 01:14 am UTC| Economy

Oil prices spiked on Monday, reaching their highest levels since January, after the U.S. joined Israel in striking Irans nuclear facilities, intensifying Middle East tensions and raising concerns about crude supply...

NATO Boosts Defense Spending Target to 5% of GDP Amid Spain’s Opposition

Jun 23, 2025 00:35 am UTC| Economy Politics

NATO allies have agreed to raise their collective defense spending target to 5% of GDP, responding to pressure from U.S. President Donald Trump ahead of this weeks summit in The Hague. The move aims to counter rising...

Wall Street Futures Dip as Iran Tensions Push Oil Prices Higher

Jun 23, 2025 00:23 am UTC| Economy

Wall Street futures slipped on Monday while oil prices briefly surged to five-month highs, as investors grew anxious over a potential Iranian retaliation following U.S. strikes on nuclear facilities. The geopolitical...

441 442 443 444 445 446 447 448 449 450

Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

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...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

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...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

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...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

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...

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...

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

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...