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

Become a contributor

Bookmark Econotimes

Economy

Mon, Mar 30, 2026 01:40 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

EU Warns of Retaliation if Trump Imposes 30% Tariffs on European Goods

Jul 12, 2025 22:30 pm UTC| Politics Economy

The European Union has issued a stern warning to the U.S., stating it is prepared to retaliate if President Donald Trump proceeds with his plan to impose 30% tariffs on European imports starting August 1. The surprise move...

Russia’s MOEX Hits 6-Month Low Despite Gains in Select Stocks

Jul 12, 2025 22:24 pm UTC| Economy

Russian stocks closed slightly lower on Saturday, with the MOEX Russia Index remaining flat at 0.00%, hitting a new six-month low amid weak market sentiment. Despite the stagnant index, some individual stocks showed...

U.S.-EU Tariff Tensions Rise as Trump Expands Trade War

Jul 12, 2025 02:16 am UTC| Economy Politics Insights & Views

Investors remained on edge Friday as President Donald Trump prepared new tariffs targeting the European Union, escalating global trade tensions. The EU, already reeling from months of stalled trade talks, braced for a...

U.S. Posts First Monthly Budget Surplus Since 2017 Amid Tariff Windfall

Jul 11, 2025 23:57 pm UTC| Economy Politics

Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a rare budget surplus for June 2025. The federal government reported a $27 billion surplusthe first...

S&P 500 Slips as Trump’s 35% Canada Tariff Sparks Trade War Jitters

Jul 11, 2025 23:54 pm UTC| Economy

U.S. stocks closed lower Friday, with the SP 500 and NASDAQ pulling back from record highs, after President Donald Trump unveiled a 35% tariff on Canadian goods starting August 1. The move triggered renewed fears of a...

Morgan Stanley Warns Tariffs Could Undermine Trump’s Fiscal Stimulus

Jul 11, 2025 23:45 pm UTC| Insights & Views Economy

President Donald Trumps ambitious big beautiful bill aims to jumpstart the U.S. economy, but Morgan Stanley warns its positive impact may be undercut by rising tariffs and tighter immigration policies. According to a...

Trump’s 50% Copper Tariffs to Target All Refined Imports: Report

Jul 11, 2025 23:42 pm UTC| Politics Governance Economy

U.S. President Donald Trumps administration plans to impose a sweeping 50% tariff on all refined copper imports, Bloomberg reported Friday, citing sources familiar with the matter. The move is part of Trumps broader effort...

321 322 323 324 325 326 327 328 329 330

Economy

Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict

Global oil prices climbed sharply at the start of Mondays trading session following a significant escalation in Middle East hostilities. Yemens Iran-backed Houthi group launched a missile barrage targeting Israel over the...

Asia Markets Tumble as Gulf Conflict Drives Oil Prices to Historic Highs

Asian stock markets fell sharply on Monday as investors braced for a prolonged Gulf conflict that has sent oil prices surging to their highest monthly gains in decades, raising serious concerns about global inflation and a...

Bank of Japan Signals Rate Flexibility Amid Yen Volatility

Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed on Monday that the central bank will keep a close eye on foreign exchange rate movements, acknowledging their significant influence on Japans economic outlook and...

WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms

Trade ministers convening in Cameroon for the World Trade Organization ministerial summit are entering a critical final stretch with no agreement in sight on one of global commerces most consequential digital policy...

Australia's Energy Crisis: Free Public Transport as Fuel Shortages Bite

Victoria and Tasmania have rolled out emergency public transport fare waivers as surging fuel costs put pressure on Australian households. The relief measures come amid a month of escalating supply risks linked to Middle...

Politics

Pakistan Leads Diplomatic Push to Reopen Strait of Hormuz Amid Iran War

Pakistan brought together foreign ministers from Turkey, Egypt, and Saudi Arabia in Islamabad on Sunday in a high-stakes diplomatic effort to end the ongoing Iran war and restore critical oil shipping routes through the...

Trump Eyes Military Operation to Seize Iran's Uranium Stockpile

President Donald Trump is reportedly weighing a bold military operation to physically extract nearly 1,000 pounds of uranium from Iran, according to a Wall Street Journal report citing senior U.S. officials. While no final...

Iran-U.S. Military Tensions Escalate: Markets, Universities, and the Strait of Hormuz at Risk

Geopolitical tensions in the Middle East have intensified dramatically as Irans Islamic Revolutionary Guard Corps (IRGC) issued a stark warning targeting U.S.-affiliated universities across neighboring countries. The IRGC...

Pakistan's Diplomatic Pivot: Brokering Peace Between the U.S. and Iran

Pakistan has undergone a remarkable foreign policy transformation, shifting from regional isolation to becoming one of the most consequential diplomatic players in the Middle East. Under the joint leadership of Prime...

Corey Lewandowski Exits DHS as Trump Administration Reshapes Homeland Security Leadership

The U.S. Department of Homeland Security has confirmed that Corey Lewandowski, a longtime Trump ally and former 2016 campaign manager, has officially departed from his unpaid advisory role at the agency. The exit marks...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...