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

Become a contributor

Bookmark Econotimes

Politics

Sat, Dec 27, 2025 01:49 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Joe Biden, Vladimir Putin hold talks this week

Dec 31, 2021 07:00 am UTC| Politics

In light of what appears to be escalating tensions between the US and Russia over Ukraine, US President Joe Biden and his Russian counterpart Vladimir Putin spoke with each other this week. The call between the two leaders...

Russia-Ukraine conflict: UK troops prepared to evacuate in case of an invasion

Dec 30, 2021 11:12 am UTC| Politics

The recent buildup of Russian soldiers at the border it shares with Ukraine has led to fears of a possible invasion in the region. Top commanders have recently planned out a strategy to pull out British troops from Ukraine...

Kamala Harris says she is looking for ways to end the $1.7 trillion student debt crisis

Dec 30, 2021 10:52 am UTC| Politics

The Biden administration is facing growing calls to make good on pledges regarding student debt. In a recent interview, vice president Kamala Harris said that she is looking for a way to solve the crisis surrounding...

China-Taiwan conflict: Beijing warns it will take 'drastic measures' if island nation moves towards independence

Dec 30, 2021 10:25 am UTC| Politics

Tensions are simmering between China, Taiwan, and several other nations, as Beijing looks to take further control of the island nation. A Chinese official recently warned that Beijing will resort to drastic measures should...

Afghanistan: Former UK Prime Minister warns country is at risk for major humanitarian crisis

Dec 30, 2021 10:05 am UTC| Politics

The Talibans takeover of Afghanistan has resulted in a reluctance by the international community to recognize the insurgent group as its new government. Former UK Prime Minister Gordon Brown has joined the many who have...

Joe Biden pays tribute to former Senate Majority Leader Harry Reid

Dec 30, 2021 09:41 am UTC| Politics

US President Joe Biden paid tribute to former Democratic Senate Majority Leader Harry Reid, who passed away this week. Biden joined the many lawmakers and political figures to express their condolences to the Nevada...

Peter Navarro claims FBI incited Capitol riots to disrupt coup plot

Dec 30, 2021 09:01 am UTC| Politics

More evidence is surfacing regarding how far the members of Donald Trumps inner circle, including the now-former president himself, were going to go to stay in power. Former Trump trade adviser Peter Navarro recently...

1531 1532 1533 1534 1535 1536 1537 1538 1539 1540

Economy

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...

Oil Prices Hold Steady in Asia as Geopolitical Tensions Support Market

Oil prices were mostly unchanged during Asian trading on Friday, holding on to gains from earlier in the week as geopolitical tensions continued to underpin the market. However, thin holiday liquidity and limited...

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...

China to Tighten Crude Steel Output Controls and Export Regulation Through 2030

China has announced it will continue strict regulation of crude steel output and prohibit the addition of illegal new capacity from 2026 to 2030, reinforcing its long-term strategy to curb overcapacity and reduce carbon...

Asian Stocks and Gold Rally as Investors Chase Year-End Gains Amid Dollar Weakness

Asian stock markets climbed to their highest levels in six weeks on Friday, extending a strong year-end rally as investors looked to finish the year on a positive note. Despite thin trading volumes due to market holidays...

Politics

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...

Najib Razak Jailed 15 More Years in Landmark 1MDB Verdict With Major Political Impact

Malaysias former prime minister Najib Razak has been sentenced to an additional 15 years in prison and fined 11.39 billion ringgit (about $2.8 billion) after being found guilty of abuse of power and money laundering in one...

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

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...