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

Become a contributor

Bookmark Econotimes

Business

Tue, Jul 14, 2026 02:32 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

Jun 22, 2026 22:22 pm UTC| Business Technology

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....

Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise

Jun 22, 2026 22:14 pm UTC| Business Technology Politics

IBM shares surged in after-hours trading Monday after President Donald Trump publicly praised IBM CEO Arvind Krishna during a White House event focused on advancing U.S. quantum technology leadership. The endorsement...

Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular

Jun 22, 2026 22:13 pm UTC| Business Technology

Qualcomm is reportedly in advanced negotiations to acquire AI chip startup Modular Inc. in a deal valued at approximately $4 billion, according to a Bloomberg News report citing sources familiar with the matter. If...

NHTSA Investigates Fatal Tesla Model 3 Crash in Texas Amid Ongoing Autopilot and FSD Safety Scrutiny

Jun 22, 2026 22:10 pm UTC| Business Governance

The U.S. National Highway Traffic Safety Administration (NHTSA) has launched an investigation into a fatal Tesla Model 3 crash that occurred on June 19 in Katy, Texas. The incident reportedly involved a Tesla vehicle that...

100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth

Jun 22, 2026 04:46 am UTC| Business Economy Governance

More than 100 major global companies, including Nestlé, Uber, IKEA, Volvo Cars, Iberdrola, Levi Strauss, Nikon Corporation, and Mahindra Group, are urging governments to place electrification at the heart of their...

JPMorgan Sees Strong Strategic Value in Potential AbbVie Acquisition of Apogee Therapeutics

Jun 22, 2026 04:42 am UTC| Business

JPMorgan analysts believe a potential acquisition of Apogee Therapeutics (NASDAQ: APGE) by AbbVie Inc. (NYSE: ABBV) would be a strategically important move that could significantly strengthen AbbVies pharmaceutical...

SK Hynix Overtakes Samsung as South Korea’s Most Valuable Company

Jun 22, 2026 04:38 am UTC| Business Technology

SK Hynix briefly surpassed Samsung Electronics in market capitalization on Monday, marking a historic milestone in South Koreas corporate landscape. The AI-driven semiconductor boom has propelled the memory chip giant to...

21 22 23 24 25 26 27 28 29 30

Economy

Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow

Gold prices were little changed on Tuesday as investors balanced escalating tensions in the Middle East against growing expectations that the Federal Reserve could keep interest rates higher for longer. Traders also...

Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow

Oil prices extended their strong rally in Asian trading on Tuesday after recording their biggest one-day gains in months, as escalating tensions between the United States and Iran heightened concerns over global crude...

Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge

The U.S. dollar traded little changed on Tuesday as investors awaited key U.S. inflation data that could shape the Federal Reserves next interest rate decision, while rising geopolitical tensions in the Middle East...

Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence

Australias consumer sentiment improved in July as lower fuel prices and easing concerns over further interest rate hikes provided households with some relief, although confidence remained firmly in pessimistic territory....

Singapore GDP Grows 5.7% in Q2 2026 as AI-Driven Manufacturing Boosts Economy

Singapores economy expanded faster than expected in the second quarter of 2026, supported by strong artificial intelligence (AI)-related demand that lifted manufacturing output and exports, according to advance estimates...

Politics

Brazil Court Bars Flavio Bolsonaro From Visiting Jair Bolsonaro Ahead of Election

Brazils political landscape took another dramatic turn after Supreme Court Justice Alexandre de Moraes barred Senator Flavio Bolsonaro from visiting his father, former President Jair Bolsonaro, for 90 days, citing a...

Trump to Deliver National Address on Declassified 2020 Election Intelligence

President Donald Trump is set to deliver a televised national address on Thursday night focused on newly declassified intelligence concerning investigations into the 2020 U.S. election and what the White House describes as...

Russia Launches Missile and Drone Attacks on Kyiv, Zaporizhzhia, and Kharkiv

Russian forces launched a fresh wave of missile and drone attacks across Ukraine early Tuesday, targeting Kyiv and several other major cities as the conflict continued to intensify. Air raid sirens sounded across the...

Trump Tells Congress Iran Hostilities Restarted, Citing New 60-Day War Powers Window

U.S. President Donald Trump has formally notified Congress that U.S. military hostilities against Iran resumed on July 7, arguing that the move triggers a new 60-day period under the War Powers Act during which military...

Reuters/Ipsos Poll: Most Americans Expect U.S.-Iran War to Be Prolonged

A strong majority of Americans believe the U.S. conflict with Iran will continue for a long time, according to a new Reuters/Ipsos poll conducted as fighting intensified and President Donald Trump announced the...

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

EU to Propose New Rules Limiting Children's Access to Social Media

The European Commission is preparing to introduce new rules aimed at limiting childrens access to social media platforms, with a formal proposal expected after the summer break, European Commission President Ursula von der...

TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, posted strong second-quarter revenue growth as robust demand for artificial intelligence (AI) chips continued to drive business across...

Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub

Samsung Electronics is set to begin operations at its first semiconductor fabrication plant in the Yongin chip cluster in 2029, marking a faster-than-expected rollout of one of South Koreas most significant chip...

Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX

Morgan Stanley believes Chinas rapidly advancing reusable rocket program represents the biggest long-term competitive threat to SpaceX, following the countrys first successful recovery of an orbital-class rocket booster....

SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing

SK Hynix shares fell as much as 4.4% in early trading on Monday, even after the South Korean memory chip giant posted a strong debut on the Nasdaq following one of the largest U.S. listings by an Asian technology company....