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

Become a contributor

Bookmark Econotimes

Law

Sat, Dec 20, 2025 03:00 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Appeals Court Backs Trump Order Limiting Federal Worker Union Rights

May 17, 2025 04:15 am UTC| Politics Governance Law

A U.S. federal appeals court has lifted an injunction that blocked the Trump administration from limiting collective bargaining rights for hundreds of thousands of federal employees. The 2-1 ruling by the D.C. Circuit...

Capital One to Pay $425M in Settlement Over Savings Account Interest Rate Dispute

May 17, 2025 03:57 am UTC| Business Law

Capital One has agreed to a $425 million settlement to resolve a nationwide class-action lawsuit alleging the bank misled customers about interest rates on its 360 Savings accounts. The settlement, filed in federal court...

Trump Admin Settles Lawsuit, Allows Forced-Reset Trigger Devices

May 17, 2025 03:48 am UTC| Politics Law

In a controversial move, the Trump administration has agreed to permit the sale and ownership of forced-reset triggersdevices that can enable semiautomatic rifles to fire at speeds comparable to machine guns. The decision...

Tesla Sets 3% Shareholding Threshold for Shareholder Lawsuits

May 17, 2025 03:42 am UTC| Business Law

Tesla (NASDAQ: TSLA) has amended its bylaws to block shareholders owning less than 3% of the companys stock from filing derivative lawsuits against its directors or officers. The update, disclosed in a recent SEC filing,...

DOJ Drops Chronically Delayed Flight Lawsuit Against Southwest Airlines

May 17, 2025 03:39 am UTC| Business Law

The U.S. Department of Justice has dropped a lawsuit against Southwest Airlines (NYSE:LUV) that accused the carrier of operating chronically delayed flights, marking a shift from actions taken earlier by the Biden...

Fortnite Blocked on iPhones Amid Ongoing Epic Games and Apple Dispute

May 17, 2025 03:34 am UTC| Technology Business Law

Fortnite, the globally popular video game by Epic Games, is currently unavailable on Apples iPhone devices across the U.S. and European Union. Epic confirmed that the game cannot be accessed via Apples iOS or App Store...

Bayer May Seek Monsanto Bankruptcy Amid Ongoing Roundup Lawsuits

May 16, 2025 02:43 am UTC| Business Law

Bayer is reportedly exploring a plan to settle thousands of lawsuits related to its Roundup weedkiller and may consider placing its Monsanto unit into bankruptcy if talks fail, according to the Wall Street Journal. The...

51 52 53 54 55 56 57 58 59 60

Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

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...

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according 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

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...