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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

Donald Trump faces half a billion dollars of debt and several court cases. But that may not stop him from becoming president again

Feb 20, 2024 11:13 am UTC| Politics

The verdicts keep coming. On Friday US time, the three-month hearing focused on Donald Trumps business dealings in New York came to an end. Trump was ordered to pay back more than $US350 million (A$537 million), plus...

US under Trump Series

Five reasons why Trump’s Republican opponents were never going to beat him

Feb 20, 2024 11:08 am UTC| Insights & Views Politics

Donald Trumps inexorable march to the 2024 Republican presidential nomination has sparked plenty of second-guessing. What could his opponents, including former South Carolina governor Nikki Haley and Florida governor Ron...

US under Trump Series

Donald Trump and the ‘madman theory’ of foreign policy

Jan 26, 2024 11:02 am UTC| Insights & Views Politics

With Donald Trump now looking more and more likely to be the Republican nominee for Novembers presidential election, the former president is now making the case that among other things, he would be much more effective than...

US under Trump Series

Iowa was different this time – even if the outcome was as predicted

Jan 17, 2024 03:44 am UTC| Insights & Views Politics

Trounced, crushed, routed, dominated: Pick your verb to describe what former President Donald Trump did to his GOP rivals in the Jan. 15, 2024 Iowa caucus. The Conversation U.S. asked two scholars to analyze the results,...

US under Trump Series

US election 2024: Trump victory in Iowa caucus not as big as he may have hoped

Jan 17, 2024 03:43 am UTC| Insights & Views Politics

News headlines reporting Donald Trumps victory in the Iowa caucus on January 15 give the impression of a much larger victory than should sensibly be drawn from this first expression of American electoral opinion in 2024....

US under Trump Series

Is America enduring a 'slow civil war'? Jeff Sharlet visits Trump rallies, a celebrity megachurch and the manosphere to find out

Jan 16, 2024 08:04 am UTC| Politics

In these days of the 24-hour news cycle, one can never know in advance, but Donald J. Trump seems likely to be the Republican Party candidate for president of the United States in 2024. With Trump facing four...

US under Trump Series

Trump’s arguments for immunity not as hopeless as some claim

Jan 09, 2024 23:05 pm UTC| Politics

Former President Donald Trumps claims of immunity from criminal prosecution will be argued before the U.S. Court of Appeals for the District of Columbia Circuit on Jan. 9, 2024 on an interlocutory appeal from his trial...

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Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...