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

Become a contributor

Bookmark Econotimes

Politics

Fri, Apr 10, 2026 08:16 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

‘Terrifying!’ Elon Musk Slams $36 Trillion U.S. Debt as He Takes Aim at Government Spending

Nov 25, 2024 20:54 pm UTC| Politics

Elon Musk, the tech billionaire behind Tesla and SpaceX, expressed alarm over the United States ballooning national debt, which recently surpassed $36 trillion. Musk, who has been tapped by President-elect Donald Trump to...

Markets Rally After Trump’s Treasury Pick: ‘Bessent’s Strategy to Reduce Deficit Sparks Investor Optimism

Nov 25, 2024 20:52 pm UTC| Politics

Wall Street experienced significant gains on Monday as investors reacted positively to President-elect Donald Trumps nomination of hedge fund manager Scott Bessent as treasury secretary. The announcement on Friday...

Markets Soar as Trump Names Scott Bessent: ‘Moderation and Expertise for Treasury’s Future’

Nov 25, 2024 20:02 pm UTC| Politics Economy

Global markets rallied on Monday following President-elect Donald Trumps announcement of billionaire hedge fund manager Scott Bessent as his nominee for Treasury secretary. Investors welcomed the nomination, viewing it as...

Two U.S. Senators Slam FIFA's 'Dangerous Decision' on Saudi Arabia's 2034 World Cup Bid

Nov 25, 2024 19:59 pm UTC| Politics

Two U.S. senators have raised serious concerns over Saudi Arabias unchallenged bid to host the 2034 FIFA World Cup, citing human rights violations and labor exploitation. Democratic Senators Ron Wyden of Oregon and Dick...

US under Trump Series

Matt Gaetz's $500 Cameo Videos: How He Stacks Up Against Santos, Boebert, and Other Republicans

Nov 25, 2024 19:54 pm UTC| Politics

Former Florida Representative Matt Gaetz has found a new platform to engage with supporters following his withdrawal as President-elect Donald Trumps nominee for U.S. attorney general. Gaetz joined Cameo, the popular...

US under Trump Series

Trump's Mass Deportation Plan Sparks Polarizing Debate: 'America's Tough Choices Are Just Beginning!' Declares Poll Data

Nov 25, 2024 19:52 pm UTC| Politics

President-elect Donald Trumps proposed mass deportation plan has reignited a fierce national debate, with new polling revealing both significant support and deep reservations among Americans. The plan, outlined in detail...

Trump's Team Denies Controversial Military Ban: 'Transgender Service Members Are Safe,' But Critics Question Intent

Nov 25, 2024 19:46 pm UTC| Politics

President-elect Donald Trumps transition team has dismissed a recent report claiming he intends to ban all transgender individuals from serving in the U.S. military. The report, published by The Times on Monday, alleged...

971 972 973 974 975 976 977 978 979 980

Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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...

Technology

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...