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

Become a contributor

Bookmark Econotimes

Economy

Sat, Mar 07, 2026 08:21 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Supreme Court Blocks Trump's IEEPA Tariffs: Dollar Slides, Stocks Rally

Feb 23, 2026 12:32 pm UTC| Economy Insights & Views

On February 20, 2026, the U.S. Supreme Court ruled 6-3 in Learning Resources, Inc. v. Trump that President Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA). Chief Justice John...

European Stocks Slip as U.S. Tariff Uncertainty Grows; Novo Nordisk Shares Tumble

Feb 23, 2026 10:37 am UTC| Economy

European stock markets traded mixed on Monday as renewed uncertainty over U.S. trade tariffs dampened investor sentiment, while Novo Nordisk shares plunged following disappointing obesity drug trial results. Germanys DAX...

Central and Southeast Europe Economic Outlook: Hungary, Croatia and Serbia Data in Focus

Feb 23, 2026 10:35 am UTC| Central Banks Economy

Investors are closely watching key economic events in Central and Southeast Europe this week, with major updates expected from Hungary, Croatia and Serbia. According to Erste, the Hungarian central bank is set to hold its...

Dollar Slides After Supreme Court Blocks Trump Tariffs, Boosting Global Growth Outlook

Feb 23, 2026 06:25 am UTC| Economy

The U.S. dollar weakened on Monday after the Supreme Court struck down a broad range of former President Donald Trumps tariffs, a move investors interpreted as supportive for global economic growth. Currency markets...

Asian Currencies Rise as US Dollar Weakens Amid Trump Tariff Uncertainty and Fed Outlook

Feb 23, 2026 06:22 am UTC| Economy

Asian currencies moved higher on Monday while the US dollar retreated, as investors reacted to fresh developments surrounding President Donald Trumps tariff policies and ongoing uncertainty over Federal Reserve interest...

Trump Raises Tariffs to 15% Under Section 122 After Supreme Court Ruling

Feb 23, 2026 06:21 am UTC| Politics Economy Governance

U.S. President Donald Trump announced plans to raise a temporary tariff on imports from all countries to 15%, up from 10%, following a Supreme Court decision that struck down a significant portion of his earlier trade...

Indonesia Posts 54.6 Trillion Rupiah Budget Deficit in January 2026 Amid Rising Spending

Feb 23, 2026 06:18 am UTC| Economy

Indonesia recorded a 54.6 trillion rupiah ($3.25 billion) budget deficit in January 2026, equivalent to 0.21% of gross domestic product (GDP), according to data released by the Finance Ministry on Monday. The shortfall...

11 12 13 14 15 16 17 18 19 20

Economy

Treasury Secretary Scott Bessent Slams JPMorgan Report on Gulf Oil Insurance as ‘Completely Irresponsible’

U.S. Treasury Secretary Scott Bessent sharply criticized JPMorgan Chase Co. (NYSE: JPM) on Friday, calling the banks recent analysis of a government-backed oil tanker insurance program terrible and completely...

China Aims to Maintain Stable Employment Amid AI Growth and Labor Market Challenges

China remains confident it can maintain stable employment and sustain positive economic momentum over the next five years, even as global uncertainties and the rapid development of artificial intelligence reshape the labor...

Japan Seeks U.S. Tariff Exemption as Trade Tensions Lift USD/JPY

Japan has formally asked the United States for assurances that its exports will not be negatively affected by Washingtons latest tariff plans, as Tokyo works to preserve the favorable conditions secured in last years...

Fed May Tighten Policy if Inflation Stalls Despite Weak Labor Market

Cleveland Federal Reserve President Beth Hammack signaled that the U.S. central bank may consider tighter monetary policy later in 2026 if progress on inflation slows, even as signs of a cooling labor market complicate the...

Oil Prices Surge as Middle East Conflict Disrupts Global Supply

Global oil prices jumped sharply on Friday as escalating tensions between the United States, Israel, and Iran triggered significant disruptions in worldwide energy supply. U.S. crude futures recorded a dramatic rise, with...

Politics

Trump Demands Iran’s “Unconditional Surrender” as Israel-Iran War Intensifies Across Middle East

The escalating Iran-Israel war entered its second week Saturday as tensions surged across the Middle East and uncertainty grew over how the conflict might end. U.S. President Donald Trump declared he would only accept...

Ukraine and Russia Exchange 1,000 POWs as Zelenskiy Visits Eastern Front

Ukrainian President Volodymyr Zelenskiy visited Ukraines eastern front line on Friday while Ukraine and Russia completed a major prisoner-of-war exchange involving 1,000 soldiers. The two countries swapped 500 prisoners...

Race Begins for Next UN Secretary-General Ahead of 2027 Term

The process to elect the next United Nations Secretary-General has officially begun, with the new leader set to start a five-year term on January 1, 2027. The selection process for the successor to current UN chief Antonio...

Trump Plans New Executive Order to Address Rising NIL Costs in College Sports

U.S. President Donald Trump said Friday that the rapidly increasing costs associated with college football programs are harming collegiate athletics overall and pledged to introduce a new executive order within the next...

ICE Arrests Colombian Journalist in Tennessee, Trump Administration Says She Will Receive Due Process

Federal immigration agents arrested a Colombian journalist working for a Spanish-language news outlet in Tennessee, drawing attention to immigration enforcement practices under President Donald Trumps administration....

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

Nvidia Sets $4M CEO Bonus Target for Fiscal 2027 as AI Demand Drives Revenue Growth

NVIDIA Corporation (NASDAQ: NVDA) has introduced a new variable compensation plan for fiscal 2027 that ties executive bonuses directly to revenue performance, according to a recent regulatory filing. Under the updated...

Trump Administration Proposes Tough AI Contract Rules as Anthropic Blacklisted by Pentagon

The Trump administration has introduced sweeping new guidelines for civilian artificial intelligence contracts that could significantly reshape how AI companies work with the U.S. government. According to reports, the...

SoftBank Seeks Up to $40 Billion Loan to Fund Major Investment in OpenAI

SoftBank is reportedly pursuing a loan of up to $40 billion to support a large investment in OpenAI, the company behind ChatGPT. According to a Bloomberg News reporter who shared the update on X (formerly Twitter) on...

Foxconn Sees Strong Growth Ahead Despite Limited Impact From U.S.–Israel–Iran Tensions

Foxconn, the worlds largest electronics manufacturer and a major supplier of AI servers for Nvidia, says geopolitical tensions involving the United States, Israel, and Iran are having only a limited impact on its...

California Court Rejects xAI Bid to Block AI Data Transparency Law

Title: Elon Musks artificial intelligence company xAI has failed to secure a temporary court order that would block Californias new AI data transparency law. A federal judge in California ruled that the company did not...