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

Become a contributor

Bookmark Econotimes

Politics

Sat, May 30, 2026 07:08 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Sunnova Sells Solar Unit to Omnidian Amid Bankruptcy for $7M

Jul 10, 2025 01:30 am UTC| Business Politics

Sunnova Energy has agreed to sell part of its residential solar installation business to Omnidian for $7 million in cash and the assumption of certain liabilities. The deal, announced Wednesday, is part of a stalking horse...

Trump Appoints Transportation Secretary Sean Duffy as Interim NASA Chief

Jul 10, 2025 01:25 am UTC| Politics Governance

U.S. President Donald Trump announced Wednesday that Transportation Secretary Sean Duffy will serve as the interim administrator of NASA. The surprise move comes as the administration seeks to strengthen Americas...

Trump Imposes 50% Tariff on Copper to Revive U.S. Industry

Jul 10, 2025 01:14 am UTC| Politics Governance Economy

U.S. President Donald Trump has announced a sweeping 50% tariff on copper imports in a bid to revitalize Americas copper industry. The decision, unveiled via a social media post on Wednesday, follows through on a threat...

Brazil Vows Retaliation After Trump Imposes 50% Tariffs on Exports

Jul 10, 2025 01:09 am UTC| Politics Economy

Brazilian President Luiz Inacio Lula da Silva has pledged a swift response after U.S. President Donald Trump imposed steep new tariffs on Brazilian exports. The White House announced on Wednesday that all goods imported...

Philippines Eyes Tariff Talks as U.S. Raises Import Duties to 20%

Jul 10, 2025 01:08 am UTC| Politics Economy

The Philippines is seeking to negotiate lower tariffs with the United States after Washington imposed a 20% duty on imports from Manila, up from the previously proposed 17%. Philippine Ambassador to the U.S. Jose Manuel...

Australia Seeks Clarity on Trump’s 200% Tariff Threat on Pharma Exports

Jul 09, 2025 04:49 am UTC| Politics Economy

Australia is urgently seeking clarification on U.S. President Donald Trumps proposed 200% tariffs on pharmaceutical imports, which could severely impact one of Australias key export sectors. Treasurer Jim Chalmers...

Malaysia Stays Optimistic Amid U.S. Tariff Talks, Seeks Win-Win Deal

Jul 09, 2025 04:43 am UTC| Politics Economy

Malaysias Minister of Investment, Trade and Industry, Tengku Zafrul Aziz, said the country has no plans to retaliate against the 25% tariff imposed by the United States on its exports. Speaking at the Reuters NEXT Asia...

541 542 543 544 545 546 547 548 549 550

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...