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

Become a contributor

Bookmark Econotimes

Governance

Tue, Sep 22, 2026 11:02 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Judge Orders Trump Officials to Lift Foreign Aid Freeze, Stops Short of Contempt

Feb 21, 2025 02:08 am UTC| Law Politics Governance

A federal judge has ordered Trump administration officials to comply with his previous directive to lift a freeze on nearly all U.S. foreign aid. However, U.S. District Judge Amir Ali stopped short of holding them in...

U.S. Justice Department Shuts Down Federal Law Enforcement Misconduct Database

Feb 21, 2025 02:06 am UTC| Politics Governance

The U.S. Justice Department has removed the National Law Enforcement Accountability Database, which tracked misconduct by federal law enforcement officers. Initially proposed by President Donald Trump in 2020 following the...

Fed Officials Weigh Inflation Risks and Interest Rate Cuts Amid Policy Uncertainty

Feb 21, 2025 02:06 am UTC| Politics Governance Central Banks

Federal Reserve officials are closely monitoring rising inflation risks and the economic impact of President Donald Trumps trade and immigration policies. While some policymakers see room for future rate cuts, others...

IRS Layoffs: 6,700 Jobs Cut Amid Trump’s Federal Workforce Downsizing

Feb 21, 2025 02:06 am UTC| Politics Governance

The IRS is cutting 6,700 jobs, roughly 6% of its workforce, as part of President Donald Trumps federal downsizing initiative. The move, affecting revenue agents, customer service representatives, and IT workers across all...

DOJ Drops Hiring Discrimination Case Against SpaceX

Feb 21, 2025 02:05 am UTC| Law Governance Business

The U.S. Department of Justice (DOJ) has dropped its case against SpaceX, which accused the company of refusing to hire certain immigrants. The lawsuit, filed in August 2023, alleged that SpaceX discouraged asylum seekers...

Australia Enforces Social Media Ban for Underage Users Amid Violations

Feb 20, 2025 05:59 am UTC| Technology Governance

A report by Australias online safety regulator revealed that children can easily bypass social media age restrictions, prompting the government to enforce a landmark ban for users under 16 by late 2025. The study,...

Venture Global LNG Gains Approval to Boost Plaquemines Export Capacity

Feb 20, 2025 05:58 am UTC| Business Governance

U.S. regulators have approved Venture Global LNGs request to increase the export capacity of its Plaquemines, Louisiana, LNG plant from 24 million metric tons to 27.2 million metric tons per year. The 13% expansion...

211 212 213 214 215 216 217 218 219 220

Economy

Gold Prices Rise as Oil Slump Eases Fed Rate Hike Fears

Gold prices climbed on Tuesday as a sharp decline in oil prices eased inflation concerns and reduced expectations for additional Federal Reserve interest rate hikes. A softer U.S. dollar and renewed hopes for diplomacy...

Oil Prices Rise as U.S.-Iran Talks Fuel Diplomacy Hopes

Oil prices moved higher in Asian trading on Tuesday, snapping a four-session losing streak as investors assessed the possibility of renewed U.S.-Iran talks during this weeks United Nations General Assembly in New York....

Vietnam, US Trade Deal Could Be Signed Soon, To Lam Says

Vietnam and the United States have made positive progress in negotiations toward a new trade agreement, with a deal potentially ready to be signed soon, Vietnamese leader To Lam said, according to a government statement...

Canada Unveils Bill to Fast-Track Major Resource Projects

Canada unveiled draft legislation on Monday aimed at accelerating approvals for major natural resource and infrastructure projects, as Prime Minister Mark Carney seeks to strengthen economic growth and reduce the countrys...

Yen Weakens as Dollar Gains on Widening US-Japan Rate Gap

The Japanese yen remained under pressure against a firm U.S. dollar on Tuesday as traders focused on the widening interest rate gap between Japan and other major economies following a hawkish shift among global central...

Politics

Macron, Trump Discuss Ukraine-Russia Energy Strike Moratorium

French President Emmanuel Macron said Monday that he discussed potential measures with U.S. President Donald Trump aimed at securing a moratorium on energy-related attacks between Ukraine and Russia, as diplomatic efforts...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...

US Plans Two New Military Bases in Greenland Under Arctic Deal

The United States plans to expand its military presence in Greenland by reopening a Cold War-era base in the south and establishing operations at another site on the islands east coast, according to people familiar with a...

US, Denmark and Greenland Set to Sign Arctic Security Deal

Denmark, Greenland and the United States are set to sign a new Greenland security agreement on Tuesday that could expand the US military presence while placing broader Arctic security under NATO oversight. The signing is...

UK, Mauritius Seek Diego Garcia Base Deal

British Prime Minister Andy Burnham has pledged to work with Mauritius and the United States to resolve the dispute surrounding the strategically important Diego Garcia military base in the Indian Ocean. Burnham spoke with...

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

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

OpenAI Urges US-Led Global Standards for Frontier AI

OpenAI is calling for the United States to lead an international effort to establish technical standards for advanced artificial intelligence, as concerns grow over increasingly capable AI systems and the prospect of...

Meta Partners With Shopify to Bring Shop Pay Checkout to Muse AI

Meta Platforms CEO Mark Zuckerberg announced a new partnership with Shopify aimed at bringing agentic shopping and checkout capabilities to Metas recently launched Muse artificial intelligence platform. Zuckerberg said...

SoftBank Launches $11 Billion Bond Sale to Fund OpenAI Investment

SoftBank Group Corp. has launched a major bond offering worth $10 billion and 1 billion to finance its latest investment in OpenAI, according to a term sheet released Monday. The Japanese technology investment group is...

Trump Plans Federal AI Force and AI Czar

U.S. President Donald Trump said Saturday that he plans to create a federal AI Force and appoint an artificial intelligence czar, outlining an effort to accelerate U.S. AI development while using existing laws to address...