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

Become a contributor

Bookmark Econotimes

Politics

Sat, May 30, 2026 12:13 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Trump’s Treasury Pick Bessent Ready to Join Forces with Elon Musk! ‘Waste-Cutting Revolution Starts NOW

Nov 12, 2024 04:40 am UTC| Politics

President-elect Donald Trumps reported pick for Treasury Secretary, Scott Bessent, is reportedly interested in joining forces with tech billionaire Elon Musk to tackle government waste. Sources close to the administration...

Trump voters said they were angry about the economy – many of them had a point

Nov 12, 2024 04:39 am UTC| Insights & Views Politics

Inflation has slowed down, and real incomes typical wages adjusted for inflation have bounced back to levels last seen before the COVID-19 pandemic. Democrats campaigned in 2024 on the overall strength of the economy....

US under Trump Series

The ‘Lost Boys’ of Gen Z: how Trump won the hearts of alienated young men

Nov 12, 2024 04:38 am UTC| Insights & Views Politics

Generation Z was supposed to be a vanguard of progressive politics more queer, ethnically diverse and environmentally conscious than previous generations. Spurred on by climate protests, racial equality campaigns and...

US under Trump Series

Trump’s Bold Treasury Pick Shocks Supporters: ‘Soros-Funded Scott Bessent Tapped for Secretary'

Nov 12, 2024 04:35 am UTC| Politics

President-elect Donald Trump is reportedly planning to nominate Scott Bessent, a prominent hedge fund manager with past ties to billionaire George Soros, as Secretary of the Treasury. The unexpected choice has stirred...

Trump to Tap Marco Rubio as Secretary of State: ‘A Bold Choice’ Set to Shake Up Foreign Policy

Nov 12, 2024 04:32 am UTC| Politics

President-elect Donald Trump is expected to name Sen. Marco Rubio as his Secretary of State, according to a report from The New York Times. The anticipated nomination of Rubio, a vocal advocate of strong U.S. international...

Infowars Shutting Down? Alex Jones Shocks Supporters with ‘Final Broadcast’ Announcement Coming Wednesday

Nov 12, 2024 04:29 am UTC| Entertainment Politics

Alex Jones revealed on Monday that Infowars, his controversial media platform, will be shutting down operations this Wednesday. Known for his inflammatory rhetoric and conspiracy theories, Jones announced the closure...

Republicans Seize Control of U.S. House in Historic Shift: ‘Democrats Are Out – Change Is Coming!’

Nov 12, 2024 04:26 am UTC| Politics

Republicans have gained control of the U.S. House of Representatives, according to Decision Desk HQ (DDHQ). This victory represents a turning point in the legislative landscape, granting the GOP a platform to challenge the...

1111 1112 1113 1114 1115 1116 1117 1118 1119 1120

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...