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

Become a contributor

Bookmark Econotimes

Business

Sat, Jan 10, 2026 02:18 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Best Funnel Builders for Small Businesses in 2025

| Business

In todays digital-first world, small businesses cant afford to lose potential customers due to clunky websites or scattered sales processes. The solution? A funnel builder, but not just any funnel builder. In 2025, the...

Amazon Faces FTC Lawsuit Over Prime Subscription Practices

| Business Law

Amazon has been found to have violated U.S. consumer protection law by collecting Prime subscribers billing information before fully disclosing the services terms, a federal judge ruled Wednesday. The decision gives the...

Huawei to Launch Atlas 950, World’s Most Powerful AI Computing Node

| Business Technology

Huawei is set to introduce what it calls the worlds most powerful computing node, the Atlas 950, in the fourth quarter of 2025, according to Vice Chairman and rotating Chairman Eric Xu. Speaking at a recent event, Xu...

Apple Stock Soars 15% on Tariff Pause, Potential Exemption Hopes

| Business

Apple (NASDAQ:AAPL) shares surged over 15% on Wednesday following President Trumps announcement of a 90-day pause in reciprocal tariffs for all countries except China. While China will face a steep 125% tariff rate, other...

Occidental Petroleum Sees Stronger Oil, Gas Prices Ahead of Q1 Earnings

| Business

Occidental Petroleum (NYSE:OXY) reported higher oil and gas prices for the first quarter of 2025, signaling improved market conditions ahead of its official earnings release on May 8. The U.S. shale producer said average...

PacBio Cuts 120 Jobs Amid NIH Funding Reductions and Tariff Pressures

| Business

PacBio, a leading gene sequencing equipment maker, announced plans to cut approximately 120 jobs and reduce expenses in response to new tariffs and decreased funding from the National Institutes of Health (NIH). The...

Microsoft Stock Pullback Seen as Buying Opportunity Amid AI Growth Prospects

| Business Technology

Microsoft Corporation (NASDAQ: MSFT) shares remain a top pick for long-term investors despite a recent decline, according to Evercore ISI. Analysts reiterated their outperform rating with a $625 price target, highlighting...

25361 25362 25363 25364 25365

Economy

U.S. Treasury Says It Can Handle Potential Tariff Refunds if Supreme Court Rules Against Trump

The U.S. Treasury has sufficient funds to cover any potential tariff refunds if the Supreme Court rules against President Donald Trumps use of emergency powers to impose broad tariffs, Treasury Secretary Scott Bessent said...

Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure

U.S. President Donald Trump met with executives from major American and international oil companies at the White House on Friday to promote a bold plan aimed at reviving Venezuelas oil industry through up to $100 billion...

Supreme Court Showdown: Trump's Sweeping Tariffs on the Brink of Landmark Ruling

On the legality of President Trumps extensive tariffs applied under the International Emergency Economic Powers Act (IEEPA), the U.S. Supreme Court is set to release a much-awaited decision as early as today, January 9,...

U.S. Dollar Edges Higher as Markets Await Jobs Data and Supreme Court Tariff Ruling

The U.S. dollar traded modestly higher on Friday, though overall foreign exchange market activity remained subdued as investors awaited two major catalysts: the release of the closely watched U.S. nonfarm payrolls report...

EU Set to Approve Historic Mercosur Trade Deal Amid Farmer Protests

European Union nations are expected to approve the signing of the blocs largest-ever free trade agreement with the South American Mercosur group, marking a major milestone more than 25 years after negotiations began. The...

Politics

Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026

U.S. President Donald Trump has renewed attention on consumer finance policy after publicly calling for a one-year cap on credit card interest rates at 10%, set to begin on January 20, 2026. The announcement, made via his...

U.S. Judge Blocks Trump Administration’s $10 Billion Federal Funding Freeze to Democratic States

A U.S. federal judge has temporarily blocked the Trump administration from freezing more than $10 billion in federal funding for childcare and family assistance programs in five Democratic-led states, marking a significant...

Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks

U.S. Energy Secretary Chris Wright said Friday that Chevron has identified a clear pathway to significantly expand its oil production in Venezuela, potentially increasing output by 50% over the next 18 to 24 months. His...

India-US Trade Deal Stalled as Modi-Trump Call Never Happened, Says US Commerce Secretary

Indias long-anticipated trade pact with the United States was delayed due to a breakdown in high-level communication, according to US Commerce Secretary Howard Lutnick, who said Prime Minister Narendra Modi did not place a...

Honduran Opposition Lawmaker Injured Amid Post-Election Tensions

Honduras political crisis deepened on Thursday after opposition lawmaker Gladis Aurora Lopez was injured when an explosive device was thrown near her inside the National Congress, according to a statement from her...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...

OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook

OpenAI has reportedly established a massive $50 billion employee stock grant pool, a move that underscores the companys aggressive strategy to attract, retain, and reward top talent as it continues to scale its artificial...