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

Become a contributor

Bookmark Econotimes

Politics

Tue, Dec 23, 2025 09:11 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

ACLU Sues Pentagon Over Trump-Backed Book Bans in Military Schools

Apr 16, 2025 01:44 am UTC| Politics Law

Twelve students from U.S. Department of Defense-run schools have filed a lawsuit against the Pentagon and Defense Secretary Pete Hegseth, claiming their First Amendment rights were violated by recent book bans and...

Indonesia Eyes $10B Boost in U.S. Crude, LPG Imports to Ease Trade Tensions

Apr 16, 2025 01:44 am UTC| Economy Politics

Indonesia plans to increase crude oil and liquefied petroleum gas (LPG) imports from the United States by around $10 billion, aiming to reduce its trade surplus and avoid potential U.S. tariffs. Energy Minister Bahlil...

Peru’s Ex-President Humala Jailed for 15 Years in Odebrecht Corruption Scandal

Apr 16, 2025 01:44 am UTC| Politics Law

Perus former President Ollanta Humala has been sentenced to 15 years in prison for receiving illegal campaign funds from Brazilian construction giant Odebrecht, now known as Novonor. The verdict, delivered on April 15,...

U.S. Judge Blocks Trump Freeze on Climate and Infrastructure Funds

Apr 16, 2025 01:44 am UTC| Law Politics

A federal judge has halted the Trump administrations attempt to freeze billions in climate and infrastructure grants initially approved under President Joe Bidens administration. U.S. District Judge Mary McElroy in Rhode...

Mexico Halts U.S. Fuel Truck Imports Amid Crackdown on Illegal Trade

Apr 16, 2025 01:44 am UTC| Politics Governance

The Mexican government has suspended U.S. fuel imports by truck as part of a sweeping crackdown on illegal fuel trading, according to sources familiar with the matter. Gasoline and diesel shipments originating from the...

Trump Administration Eyes UK Trade Deal Amid AI Talks and Tariff Concerns

Apr 16, 2025 01:44 am UTC| Politics

There is growing optimism for a significant U.S.-UK trade agreement, according to U.S. Vice President JD Vance, who highlighted President Donald Trumps deep admiration for the United Kingdom and its royal family. Speaking...

Singapore Sets May 3 for Crucial General Election

Apr 16, 2025 00:28 am UTC| Politics

Singapore will hold its next general election on May 3, according to an official statement released by the countrys election commission on Tuesday. The announcement sets the stage for a closely watched vote that could...

441 442 443 444 445 446 447 448 449 450

Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

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

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...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...