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

Become a contributor

Bookmark Econotimes

Governance

Wed, Jun 24, 2026 03:17 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Columbia Grad Mahmoud Khalil Vows to Continue Pro-Palestinian Activism Amid Deportation Fight

Jun 22, 2025 00:19 am UTC| Politics Governance Law

Mahmoud Khalil, a Palestinian-born Columbia University graduate, has pledged to continue his pro-Palestinian activism after being released on bail from U.S. immigration detention. Greeted by supporters and Representative...

Voice of America Slashes Staff as USAGM Cuts Reach 85% Under Trump Administration

Jun 21, 2025 02:19 am UTC| Law Governance Politics

Voice of America (VOA), once a global symbol of U.S. public diplomacy, is nearing its end as the U.S. Agency for Global Media (USAGM) announced 639 new layoffs on Friday. This latest wave finalizes an 85% workforce...

US Considers Revoking Chipmaker Authorizations in China Amid Trade Tensions

Jun 21, 2025 01:50 am UTC| Technology Business Governance Politics

The U.S. Department of Commerce is reportedly weighing the revocation of special authorizations granted to global chipmakers Samsung, SK Hynix, and TSMC, potentially limiting their access to American chipmaking equipment...

Trump Halts Biden-Era Farmworker Rule, Citing Legal Uncertainty and Farmer Relief

Jun 21, 2025 01:46 am UTC| Politics Governance

The Trump administration has officially suspended enforcement of a 2024 labor rule introduced under President Joe Biden that granted union protections to foreign farmworkers on H-2A visas. The Department of Labor (DOL)...

Federal Judge Blocks NSF’s 15% Cap on University Research Funding

Jun 21, 2025 01:44 am UTC| Politics Law Governance

A federal judge has blocked the National Science Foundation (NSF) from enforcing a controversial policy that would have sharply reduced indirect cost reimbursements to U.S. universities conducting scientific research. The...

Australia’s Teen Social Media Ban Gains Momentum with Promising Tech Trial

Jun 20, 2025 04:30 am UTC| Governance Technology

Australias world-first ban on social media access for under-16s is gaining traction, as results from a major age verification trial suggest the approach is both feasible and effective. The Age Assurance Technology Trial,...

Dodgers Deny ICE Access Amid Immigration Raid Protests in Los Angeles

Jun 20, 2025 04:08 am UTC| Politics Governance

The Los Angeles Dodgers denied U.S. Immigration and Customs Enforcement (ICE) agents access to Dodger Stadiums parking lot on Thursday, marking their first public opposition to recent immigration raids in the city. The...

131 132 133 134 135 136 137 138 139 140

Economy

Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows

Malaysias central bank has announced new measures to support the ringgit after the currency weakened more than 4% in June, driven largely by foreign investor caution and expectations of higher U.S. interest rates. Bank...

Bessent Says U.S. Must Strengthen Supply Chains and Economic Security

U.S. Treasury Secretary Scott Bessent said the Trump administration is focused on strengthening supply chain resilience to protect critical industries from economic disruptions, pandemics, geopolitical conflicts, and...

South Korea Remains MSCI Emerging Market Despite Reform Progress

South Korea will remain classified as an emerging market by MSCI after the global index provider decided not to upgrade the country to developed market status in its latest market accessibility review released on Tuesday....

South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery

South Koreas benchmark KOSPI index staged a strong recovery on Wednesday, climbing 3.4% to 8,480.21 points after suffering a sharp sell-off in the previous session. The rebound was driven largely by gains in major...

Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive

Australias inflation rate eased more than expected in May, offering signs that price pressures may be gradually cooling and strengthening the case for the Reserve Bank of Australia (RBA) to keep interest rates unchanged in...

Politics

US Senate Approves War Powers Resolution Urging Trump to End Iran Military Action

The U.S. Senate has approved a war powers resolution directing President Donald Trump to halt U.S. military involvement in Iran, marking a significant congressional challenge to the administrations foreign policy. The...

Crimea Power Outage After Ukrainian Drone Attack, Russian Authorities Say

Power supplies were disrupted in Sevastopol, the largest city in Russian-annexed Crimea, following what local Russian-installed authorities described as a Ukrainian attack on energy infrastructure. Mikhail Razvozhayev, the...

Cait Conley Wins Democratic Nomination, Sets Up Key House Battle Against Mike Lawler in New York

Cait Conley, a U.S. Army veteran and former national security official, has secured the Democratic nomination to challenge Republican Congressman Mike Lawler in New Yorks highly competitive 17th Congressional District. The...

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...