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

Become a contributor

Bookmark Econotimes

Politics

Thu, Jan 16, 2025 07:04 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Daniel Penny’s Legal Battle Takes Shocking Turn—Plans Malicious Prosecution Lawsuit Against DA Alvin Bragg Rock Social Media

Dec 12, 2024 18:44 pm UTC| Politics Law

Daniel Penny, a former U.S. Marine, is reportedly considering filing a malicious prosecution lawsuit against Manhattan District Attorney Alvin Bragg. The potential legal action stems from Braggs decision to bring charges...

House Passes $895B Defense Bill: Massive Pay Raise for Troops Sparks Heated Debate Over ‘Excessive Spending!’

Dec 12, 2024 18:40 pm UTC| Politics Law

The House of Representatives has approved an $895 billion defense policy bill, marking a significant moment in U.S. military funding. The legislation, which passed with a vote of 329-101, includes a substantial 5.2% pay...

Trump Shocks the World: Xi Jinping’s Invitation to Inauguration Sparks Outrage and ‘Diplomatic Gamble’ Fears

Dec 12, 2024 18:38 pm UTC| Politics

President-elect Donald Trump has extended an invitation to Chinese President Xi Jinping to attend his upcoming inauguration, a move that has sparked widespread debate across political and diplomatic spheres. The...

Controversial Defense Bill Sparks Outrage: House Bans Transgender Medical Care for Active-Duty Members' Children

Dec 12, 2024 18:35 pm UTC| Politics Law

The U.S. House of Representatives passed a defense spending bill on Wednesday that includes a controversial provision banning transgender medical procedures for the children of active-duty military personnel. The measure,...

Shocking Twist: Democrat John Fetterman Backs Republican Elise Stefanik for U.N. Ambassador—Critics Call It a ‘Bipartisan Gamble’

Dec 12, 2024 18:32 pm UTC| Politics

In a surprising move, Democratic Senator John Fetterman of Pennsylvania has endorsed New York Republican Representative Elise Stefanik for the role of U.S. ambassador to the United Nations. Fettermans announcement on...

Historic First at the U.S. Capitol: Nativity Scene Sparks Joy, Outrage, and a ‘Stunning Debate’ Over Prayer Rights

Dec 12, 2024 18:29 pm UTC| Politics

For the first time in U.S. history, a Nativity scene featuring the birth of Jesus was displayed at the U.S. Capitol, accompanied by Christmas carols, prayers, and a Scripture reading. The historic event, held on December...

Biden’s Historic Clemency Bombshell: 1,500 Sentences Commuted, Sparking Outrage and Celebration ‘In One Stroke!’

Dec 12, 2024 18:26 pm UTC| Politics

President Joe Biden issued a groundbreaking clemency announcement on Monday, commuting 1,500 prison sentences and granting 39 pardons, in what is being hailed as the largest single-day clemency effort in U.S. history. The...

71 72 73 74 75 76 77 78 79 80

Economy

FxWirePro- Majro economic events for the day

Time (GMT) Currency Indicator Impact Actual Forecast Previous HIGH IMPACT...

U.S. Tightens Chip Export Controls, Adds Chinese AI Firms to Blacklist

The Biden administration has added over 25 entities, including Chinese AI firm Zhipu AI and chipmaker Sophgo, to the U.S. restricted trade list. These companies, along with two Singapore-based firms, now face strict export...

Taiwan Gains Confidence as U.S. Excludes It from AI Export Curbs

The U.S. governments decision to exclude Taiwan from its new restrictions on artificial intelligence (AI) chip and technology exports reflects confidence in the islands regulatory controls and legal compliance, Taiwans...

UK Inflation Stabilizes: November CPI at 2.6%, Signaling Economic Recovery

In November 2024, the Consumer Price Index (CPI) for the UK was reported at 2.6% compared to the same month last year, which matched what experts had predicted. This is an increase from October 2024, when the CPI was at...

China's Tightened Export Controls Disrupt U.S. Tech Firms' Production Plans

China is intensifying scrutiny of exports by U.S. tech giants like Apple, Microsoft, and Dell, delaying their production shifts to Southeast Asia and India, according to Nikkei Asia. Since December, dual-use technology...

Politics

TikTok CEO Shou Zi Chew to Attend Trump’s Inauguration

TikTok CEO Shou Zi Chew is set to attend U.S. President-elect Donald Trumps inauguration, according to a report from The New York Times. The report, citing sources familiar with the matter, reveals that Chew has been...

Biden Warns of Tech Oligarchy Threatening Democracy

In his farewell address, President Joe Biden cautioned against the rise of an American oligarchy led by tech billionaires wielding dangerous concentrations of power. Echoing President Eisenhowers 1961 warning about a...

Biden Administration Considers Options to Delay TikTok Ban

President Joe Bidens administration is exploring ways to keep TikTok accessible in the U.S. as a potential ban looms on Sunday, NBC reported. Officials are evaluating measures to delay the apps shutdown, possibly deferring...

Biden and Trump Share Credit for Gaza Ceasefire Deal

U.S. President Joe Biden and President-elect Donald Trump both claimed credit for a Gaza ceasefire-for-hostages deal finalized after months of negotiations. The agreement, supported by a Trump envoy, marks a significant...

Former U.S. Vice President Mike Pence to Address Global Impact of U.S. Elections at UBS Summit

Former U.S. Vice President Mike Pence will speak at the UBS Wealth Insights 2025 summit in the Asian financial hub on Thursday. Days before President-elect Donald Trumps inauguration, Pence will offer insights on the U.S....

Science

Double Moonshot: Japan’s ispace and Firefly Launch Lunar Missions

In a significant stride for lunar exploration, Japanese company ispace and U.S.-based Firefly Aerospace launched moon landers aboard a SpaceX rocket from Florida. This rare double mission highlights the growing competition...

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Technology

Apple Leads China's Smartphone Market Despite Shipment Decline

Apples (NASDAQ:AAPL) smartphone shipments in China dropped 25% in Q4 2024, while Huawei experienced a 24% increase, according to Canalys. Despite the decline, Apple retained its top spot, shipping 13.1 million units...

TikTok Shutdown: U.S. Users Brace for Loss as Ban Nears

Disappointment swept U.S. TikTok on Wednesday as ByteDance announced plans to shut down the app for 170 million U.S. users by Sunday, following months of uncertainty. Content creators and influencers, many reliant on...

Big Tech Leaders, Including Sundar Pichai and Tim Cook, to Attend Trump Inauguration

Alphabet CEO Sundar Pichai and other Big Tech leaders are set to attend U.S. President-elect Donald Trumps inauguration on Monday, sources told Reuters. Tim Cook, CEO of Apple, is also confirmed to be present, as reported...

Apple Explores New Credit Card Partners as Goldman Sachs Reevaluates Deal

Apple Inc. (NASDAQ:AAPL) is reportedly in talks with Barclays (NYSE:BCS) and Synchrony Financial (NYSE:SYF) to replace Goldman Sachs Group Inc. (NYSE:GS) as its credit card partner, according to Reuters. Discussions with...

TikTok Braces for Possible US Shutdown This Sunday Amid Security Concerns

TikTok, the popular short-video platform owned by ByteDance, could face a nationwide shutdown in the U.S. as early as this Sunday, according to The Information. The move follows increased scrutiny from lawmakers and...