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

Become a contributor

Bookmark Econotimes

Economy

Thu, Dec 25, 2025 04:53 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Google’s Online Ad Empire Under Fire: DOJ Demands Action as Antitrust Battle Reaches Final Stage

Nov 25, 2024 21:35 pm UTC| Technology Business Economy

The Justice Department closed its case against Google, accusing the company of monopolizing digital ad markets. If the judge rules against Google, the tech giant could be forced to divest its Ad Manager platform in a...

US under Trump Series

Donald Trump’s impact on the U.S. dollar in 2025

Nov 25, 2024 21:18 pm UTC| Politics Economy

In 2025, President-elect Donald Trumps policies are reshaping the U.S. dollars global position, sparking concerns among financial analysts and international markets. While Trumps administration aims to boost domestic...

US under Trump Series

Donald Trump’s Trade Policies Leave Farmers ‘On the Brink’: Price Drops and Tariff Wars Ignite Controversy

Nov 25, 2024 21:12 pm UTC| Politics Economy

President Donald Trumps aggressive trade policies continue to spark debates as U.S. farmers report mounting financial challenges in 2025. Tariff battles, fluctuating commodity prices, and new export restrictions are...

Markets Soar as Trump Names Scott Bessent: ‘Moderation and Expertise for Treasury’s Future’

Nov 25, 2024 20:02 pm UTC| Politics Economy

Global markets rallied on Monday following President-elect Donald Trumps announcement of billionaire hedge fund manager Scott Bessent as his nominee for Treasury secretary. Investors welcomed the nomination, viewing it as...

FxWirePro- Major Economic data for the week

Nov 25, 2024 01:50 am UTC| Economy

Country Event Forecast Previous Date US Preliminary GDP...

'Wicked' and 'Gladiator II' Smash $270.2M Box Office as 'Moana 2' Teases Record-Breaking Holiday Run

Nov 24, 2024 22:18 pm UTC| Economy

Wicked and Gladiator II powered to a combined $270.2 million global box office haul, igniting theaters as Moana 2 prepares to make waves in a potentially historic holiday season. Wicked and Gladiator II Revitalize...

OpenAI, Samsung Talks Signal a Major Shift for Galaxy Devices, Threatening Google’s AI Stronghold

Nov 24, 2024 10:47 am UTC| Technology Business Economy

OpenAI is reportedly in discussions with Samsung to bring its cutting-edge AI technology to Galaxy devices. This potential partnership could pose a significant challenge to Googles dominance in both AI and its partnership...

481 482 483 484 485 486 487 488 489 490

Economy

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Politics

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

U.S. Shifts Strategy Toward Economic Pressure With Venezuelan Oil Quarantine

The White House has directed U.S. military forces to focus almost exclusively on enforcing a quarantine of Venezuelan oil for at least the next two months, signaling that Washington is prioritizing economic pressure over...

Democratic Governors Urge Trump Administration to Lift Halt on East Coast Offshore Wind Projects

Four Democratic governors have formally urged the Trump administration to reverse its recent suspension of five offshore wind projects along the U.S. East Coast, arguing that the move is politically motivated and...

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

U.S. Urges Acceptance of Honduras Election Results as Nasry Asfura Declared President-Elect

The administration of U.S. President Donald Trump has called on all political actors in Honduras to accept the official outcome of the countrys recent presidential election, following the declaration of victory for Nasry...

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 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...

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...