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US under Trump Series

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As Donald Trump reasserts his influence on U.S. policy and global affairs, America finds itself at a crossroads. America Under Trump is a deep-dive series by EconoTimes, analyzing the sweeping economic, social, and geopolitical shifts under his leadership. From trade wars and tax reforms to foreign policy and domestic unrest, this series explores the impact of Trump's decisions on markets, businesses, and everyday citizens. Through expert analysis, data-driven insights, and exclusive commentary, we unpack the lasting effects of Trump’s governance on the future of America and the world.

US under Trump Series

Trump’s Pick for Defense Secretary Under Fire: ‘Pete Hegseth Is a Winner!’ Amid Drinking Allegations

Dec 07, 2024 14:43 pm UTC| Politics

President-elect Donald Trump remains steadfast in his support for Pete Hegseth, his nominee for Secretary of Defense, despite allegations of excessive drinking and uncertainty over Senate confirmation. Hegseth, a former...

US under Trump Series

Trump’s Tariff Plans Could Super-Size McDonald’s Problems: ‘Inflation and Trade Wars Threaten the Golden Arches

Dec 07, 2024 14:40 pm UTC| Politics Business

McDonalds is facing significant challenges as President-elect Donald Trumps proposed tariffs threaten to disrupt supply chains and escalate inflation. The fast-food giants plan to introduce a new McValue menu in 2025 may...

US under Trump Series

Trump’s Tariff Storm: Economists Warn of ‘Winners,’ ‘Losers,’ and Skyrocketing Prices in Bold Trade Strategy

Dec 07, 2024 14:38 pm UTC| Politics

As President-elect Donald Trump prepares for his second term, he has vowed to expand on the controversial tariffs introduced during his first tenure. Targeting Americas trading partners, including Canada, Mexico, and...

US under Trump Series

Mexico and Canada at Trump’s Mercy: ‘Cultural Riches’ vs. Tariffs—Trade War Looms with Explosive Claims

Dec 06, 2024 15:40 pm UTC| Politics

As President-elect Donald Trump prepares to reenter the White House, tensions between the United States two largest trading partnersCanada and Mexicoare escalating. Trumps proposal to impose a 25 percent tariff on imports...

US under Trump Series

Matt Gaetz Praises Democrats and Sparks GOP Outrage: ‘Good Pro-Family Concepts?’ Critics Ask Why

Dec 06, 2024 15:38 pm UTC| Politics

In a rare moment of bipartisan praise, former Florida Representative Matt Gaetz took to social media to commend three Democratic lawmakers within a span of 24 hours. Known for his sharp criticism of Democrats, Gaetzs...

US under Trump Series

Scaramucci Claims GOP Senators ‘Give Trump the Finger’ Over Gaetz and Other Cabinet Picks

Dec 06, 2024 15:33 pm UTC| Politics

Anthony Scaramucci, former Trump aide and vocal critic, has revealed his belief that rational Republicans in the Senate are quietly resisting President-elect Donald Trumps influence. In an exclusive interview with...

US under Trump Series

Trump’s Alleged Plan to Target Liz Cheney? GOP Insider Shuts Down Speculation as Cheney Fires Back

Dec 06, 2024 15:26 pm UTC| Politics

As President-elect Donald Trump prepares to take office in January, speculation over whether his administration will target political adversaries, including former Wyoming Representative Liz Cheney, has sparked heated...

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Economy

AI-Focused Asia Hedge Funds Deliver Triple-Digit Returns in 2026 Rally

Several Asia-based hedge funds generated exceptional returns exceeding 100% during the first five months of 2026, capitalizing on the booming artificial intelligence (AI) sector and record-breaking gains across regional...

Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027

Taiwans central bank is widely expected to leave its benchmark interest rate unchanged at its upcoming policy meeting this week, with most economists forecasting that rates will remain steady through 2027. According to a...

RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200

The Reserve Bank of Australia (RBA) is widely expected to keep its benchmark cash rate unchanged at 4.35% during its June policy meeting on Tuesday. After implementing three interest rate increases since early 2026,...

BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei

The Bank of Japan (BOJ) is widely expected to raise interest rates by 25 basis points to 1.0% at the conclusion of its June 16 policy meeting, marking its fourth rate hike since ending its ultra-loose monetary policy in...

Gold Prices Surge Above $4,300 as US-Iran Peace Deal Weakens Dollar and Oil

Gold prices rallied sharply in Asian trading on Monday, climbing more than 2% after reports of an interim peace agreement between the United States and Iran reduced geopolitical tensions in the Middle East. The development...

Politics

G7 Summit Opens in France as Leaders Weigh Iran Peace Deal, Ukraine War, and Global Economy

Leaders of the Group of Seven (G7) nations gathered in Evian-les-Bains, France, on June 15 for a three-day summit dominated by discussions on a newly announced U.S.-Iran peace agreement, the war in Ukraine, and growing...

E4 Nations Signal Readiness to Lift Iran Sanctions Following U.S.-Iran Peace Deal

The United Kingdom, France, Germany, and Italy have expressed their willingness to lift sanctions on Iran if the country takes concrete steps to address concerns surrounding its nuclear program. The announcement came after...

Mitch McConnell Hospitalized After Medical Incident in Washington

U.S. Senator Mitch McConnell was admitted to a hospital on Sunday morning following a medical incident, according to a statement released by his spokesperson. The Kentucky Republican, who has served in the Senate for...

Trump Opposes FISA Renewal Without SAVE Act Voting Requirement

U.S. President Donald Trump said on Sunday that he would oppose any renewal of the Foreign Intelligence Surveillance Act (FISA) unless lawmakers include provisions from the SAVE Act, a measure aimed at strengthening voter...

Trump Announces Iran Deal, Strait of Hormuz Reopening Amid Ongoing Regional Tensions

U.S. President Donald Trump announced on Sunday that a proposed agreement between the United States and Iran is effectively complete, highlighting plans to reopen the Strait of Hormuz and remove the U.S. naval blockade on...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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...

Technology

Elon Musk Becomes World's First Trillionaire After SpaceX IPO Surge

Elon Musk has become the worlds first trillionaire, further cementing his status as one of the most influential entrepreneurs of the modern era. The milestone follows the highly successful initial public offering (IPO) of...

ByteDance Eyes Iluvatar, Baidu AI Chips Amid China’s AI Push

ByteDance, the parent company of TikTok, is reportedly in discussions to purchase artificial intelligence (AI) chips from Shanghai-based Iluvatar CoreX and is also evaluating AI semiconductor products from Baidus chip...

UK Banks Report Surge in APP Fraud Losses as Pressure Mounts on Meta and Tech Platforms

Britains banking sector recorded a sharp rise in losses linked to authorized push payment (APP) fraud in 2025, highlighting growing concerns over online scams and increasing calls for stronger accountability from...

SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead

SpaceX stock (NASDAQ: SPCX) has received an optimistic initiation from Wolfe Research, which assigned a $175 price target shortly after the company completed what is being described as the largest IPO in history. The...

Anthropic Officials Meet White House Over AI Model Outage

Senior executives and technical leaders from Anthropic are reportedly in Washington, D.C., holding discussions with White House officials in an effort to resolve a dispute that has affected access to the companys most...