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

Become a contributor

Bookmark Econotimes

Politics

Sat, Dec 27, 2025 07:38 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Donald Trump bragged of his installment Ric Grenell as acting DNI, new book says

May 12, 2022 09:51 am UTC| Politics

More revelations about the presidency of Donald Trump were made as of late, following the tell-all memoir of former Pentagon chief Mark Esper. In one part of the book, Esper revealed that Trump was especially proud of...

Russia-Ukraine conflict: Kyiv launches counteroffensive, takes back areas of Kharkiv

May 12, 2022 09:30 am UTC| Politics

Ukraine has fiercely resisted the offensive launched by Russians in the ongoing conflict since the invasion in February. Reports suggest that Ukrainian troops have launched their counteroffensive on Russian forces as it...

Iran: IRGC strikes 'terrorist positions' in Erbil

May 12, 2022 09:21 am UTC| Politics

The Islamic Revolutionary Guard Corps of Iran carried out a strike this week in an area of the neighboring country Iraq. The IRGC reportedly shelled areas in Erbil, citing that there were bases of terrorists in the...

Joe Biden considering executive action to increase access, funds for abortion

May 12, 2022 08:18 am UTC| Politics

US President Joe Biden joined most congressional Democrats in condemning the leaked draft opinion ruling by the Supreme Court to strike down the 1973 Roe v. Wade abortion decision. Following the public outrage that came...

South China Sea conflict: US, China, exchange pushbacks over Taiwan Strait activities

May 12, 2022 08:05 am UTC| Politics

Foreign ships that are seen passing through the Taiwan Strait have often drawn the ire of China, with the US as its constant target. Both Beijing and Washington have since exchanged pushbacks following the latest...

Mike Pence, Mike Pompeo needed to be reminded that the US would not strike Iran, former Pentagon chief says

May 12, 2022 08:03 am UTC| Politics

Former US Defense Secretary Mark Esper wrote about his experiences serving under former President Donald Trump in his tell-all memoir. In one part of the book, Esper described now-former vice president Mike Pence and...

Kamala Harris hires White House staffer as new deputy chief of staff

May 12, 2022 07:58 am UTC| Politics

US Vice President Kamala Harriss office is going through personnel changes following the departures of several top aides. This week, a White House official said that the vice president has brought on a White House staffer...

1421 1422 1423 1424 1425 1426 1427 1428 1429 1430

Economy

China Industrial Profits Slump Signals Need for More Economic Stimulus

Profits at Chinas industrial firms fell sharply in November, marking the fastest year-on-year decline in more than a year and underscoring the fragile state of the countrys economic recovery. According to data released by...

Japan to Audit Brazil’s Beef System, Paving Way for Market Access

Japan is set to conduct a comprehensive audit of Brazils beef sanitary system in March 2026, marking a significant step toward the possible opening of Japans lucrative beef market to Brazilian beef exports. The...

Wall Street Ends Post-Christmas Session Flat as Investors Eye Santa Claus Rally

Wall Street finished a light-volume, post-Christmas trading session nearly unchanged on Friday, as investors found little fresh news to drive strong market conviction. After a solid five-session rally, all three major U.S....

Argentina Congress Approves 2026 Budget Under Milei, Marking First Legislative Passage Since 2023

Argentinas Congress has approved the countrys 2026 national budget, marking the first budget bill passed by legislators since President Javier Milei assumed office in late 2023. The budget was approved on Friday by a vote...

U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

Politics

FBI to Permanently Close Hoover Building, Relocate Headquarters to Reagan Building

FBI Director Kash Patel announced Friday that the agency will permanently shut down its historic headquarters, the J. Edgar Hoover Building in Washington, D.C., marking a major shift in the bureaus long-discussed...

Mark Carney Reaffirms Canada’s Support for Ukraine as Peace Talks With Russia Gain Momentum

Canadian Prime Minister Mark Carney held a phone call with Ukrainian President Volodymyr Zelenskyy on Friday to discuss the latest developments in ongoing peace negotiations between Ukraine and Russia, according to a...

Zelenskiy to Meet Trump in Florida as Ukraine-U.S. Peace Framework Nears Completion

Ukrainian President Volodymyr Zelenskiy is set to meet U.S. President Donald Trump in Florida on Sunday to discuss key territorial issues and security guarantees as negotiations aimed at ending the war in Ukraine enter a...

Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis

Lebanons cabinet has approved a controversial draft law aimed at addressing the countrys prolonged financial crisis, a move seen as a critical step toward unlocking long-awaited international financial support. The...

Zelenskiy to Meet Trump to Advance Ukraine Peace Talks and Security Guarantees

Ukrainian President Volodymyr Zelenskiy announced on Friday that he plans to meet with U.S. President Donald Trump on Sunday as part of ongoing efforts to bring an end to Russias war in Ukraine. The high-level meeting is...

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

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...