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

Become a contributor

Bookmark Econotimes

Politics

Fri, May 29, 2026 11:16 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Biden Sues DOJ to Block Release of Audio From Classified Documents Probe

May 27, 2026 02:11 am UTC| Politics Law

Former U.S. President Joe Biden has filed a lawsuit against the Department of Justice (DOJ) in an effort to stop the release of audio recordings and transcripts tied to Special Counsel Robert Hurs investigation into Bidens...

US Plans Kenya Ebola Quarantine Facility Amid Congo Outbreak

May 27, 2026 01:16 am UTC| Politics Governance Health

The Trump administration is preparing to deploy U.S. public health officers to Kenya as part of a proposed Ebola quarantine facility designed to support Americans exposed to the deadly virus during the ongoing outbreak in...

DOJ Sues UCLA Over Alleged Antisemitism and Hostile Campus Environment

May 27, 2026 01:12 am UTC| Law Politics

The U.S. Department of Justice has filed a lawsuit against the University of California, Los Angeles (UCLA), accusing the university of failing to protect Jewish and Israeli students from antisemitism on campus. The...

Israel Intensifies Lebanon Air Strikes as Hezbollah Conflict Escalates

May 27, 2026 01:10 am UTC| Politics

Israel launched more than 120 air strikes across Lebanon on Tuesday, marking one of the most intense bombing campaigns in recent weeks as tensions with Hezbollah continue to rise. Lebanese security officials confirmed that...

Israel Targets Hamas’ New Military Chief as Gaza Conflict Escalates

May 27, 2026 01:05 am UTC| Politics

Israel announced on Tuesday that it had launched a strike targeting Mohammad Odeh, identified by Israeli Prime Minister Benjamin Netanyahu as Hamas newly appointed armed wing chief in Gaza. The move comes just days after...

Puerto Rico Economic Development Chief Resigns Amid Government Shake-Up

May 27, 2026 01:03 am UTC| Politics Economy

Puerto Rico Economic Development Secretary Sebastián Negrón resigned Tuesday alongside nearly a dozen senior officials, creating uncertainty around key government programs tied to tax incentives,...

Croatia Weighs Ante Zigman for Central Bank Governor Role in Key ECB Transition

May 27, 2026 01:01 am UTC| Economy Central Banks Politics

Croatia is moving closer to selecting a new central bank governor, with Ante Zigman emerging as the leading candidate for the role, according to a Bloomberg report citing a source familiar with the discussions. Zigman, who...

1 2 3 4 5 6 7 8 9 10

Economy

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...

Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes

Gold prices remained largely unchanged during Asian trading on Friday as investors assessed reports suggesting that the United States and Iran could extend their ceasefire agreement. While easing geopolitical tensions...

Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns

Oil prices moved lower during Asian trading on Friday and were on track for significant weekly losses as investors evaluated the possibility of a longer U.S.-Iran ceasefire agreement and its potential impact on global oil...

Politics

China Expands Nuclear Defense Network in Remote Desert

China is rapidly strengthening its nuclear defense infrastructure in a remote desert region, according to newly analyzed satellite imagery. The large-scale construction project highlights Beijings efforts to enhance its...

Brazil Struggles to Stop Illegal Amazon Gold Mining as Gold Prices Surge

Brazil continues to face major challenges in its fight against illegal gold mining in the Amazon rainforest, despite increased enforcement efforts under President Luiz Inacio Lula da Silva. A new study by environmental...

DOJ Investigates Group Linked to Reid Hoffman Over E. Jean Carroll Lawsuit Funding

The U.S. Department of Justice has launched an investigation into a group connected to billionaire entrepreneur Reid Hoffman regarding its partial funding of E. Jean Carrolls lawsuits against President Donald Trump,...

Judge Dismisses Trump Administration Lawsuit Against Boston Sanctuary City Policy

A federal judge has dismissed a lawsuit filed by the Trump administration that sought to challenge Bostons sanctuary city policy, marking another legal setback for the administrations efforts to expand federal immigration...

US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks

The United States has announced a new round of sanctions targeting Irans military-linked oil trade, even as Washington and Tehran move closer to extending a ceasefire agreement and restoring shipping access through the...

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

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...

Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results

Dell Technologies (NYSE: DELL) delivered stronger-than-expected fiscal Q1 2027 results on Thursday, fueled by surging demand for its AI-optimized servers. Following the earnings report, Dells Class C shares soared nearly...