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

Become a contributor

Bookmark Econotimes

Technology

Sun, Dec 07, 2025 10:27 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tesla Triples Cybertruck Production, Aims for 2025 Profitability

Jul 23, 2024 23:49 pm UTC| Technology Business

Tesla has announced a tripling of Cybertruck production rates, with a target of profitability by 2025. Tripled Cybertruck Production to Drive Profitability As part of its Shareholder Deck for Q2 2024, Tesla revised...

BYD Launches First Electric MPV in Indonesia, Priced Under $25,000

Jul 23, 2024 22:31 pm UTC| Technology Business

BYD, Chinas leading electric vehicle manufacturer, has launched the M6, Indonesias first electric multipurpose vehicle (MPV). Unveiled at the 31st Indonesia International Motor Show, the M6 aims to cater to the growing...

SpaceX Unveils Design for ISS Deorbit Vehicle Using Dragon Heritage Hardware

Jul 23, 2024 22:22 pm UTC| Science Technology

NASAs decision to entrust SpaceX with constructing the ISS deorbit vehicle marks a significant milestone in space technology. SpaceX recently revealed a rendering of the car based on its Dragon spacecraft, which features...

Apple's Foldable iPhone Release Eyed for 2026, Potential Major Redesign

Jul 23, 2024 21:09 pm UTC| Technology Business

Apple may introduce its first foldable iPhone by 2026, aiming for a significant hardware redesign to compete with Samsung and Huawei. Apples Foldable iPhone Has Moved Past the Concept Stage According to Tuesdays...

Digital Currency Revolution

Trump Denies Picking Bitcoin Skeptic Jamie Dimon or BlackRock's Larry Fink for Treasury

Jul 23, 2024 20:41 pm UTC| Digital Currency Technology

Donald Trump has denied the rumors that he considered Jamie Dimon, CEO of JPMorgan, or Larry Fink, CEO of BlackRock, for the U.S. Treasury Secretary position, addressing widespread speculation. Trump Refutes Treasury...

Digital Currency Revolution

Toyota Embraces Ethereum’s ERC-4337 for Revolutionary Mobility Standards

Jul 23, 2024 20:20 pm UTC| Digital Currency Technology

In a groundbreaking move, Toyota Blockchain Lab has adopted Ethereums ERC-4337 standard, aiming to revolutionize mobility solutions with advanced blockchain technology. Developing the Toyota Mobility Concept A recent...

Digital Currency Revolution

Shiba Inu (SHIB) Burn Rate Soars 482%, Sparking Renewed Interest

Jul 23, 2024 19:39 pm UTC| Digital Currency Technology

Shiba Inu (SHIB) has seen its burn rate soar by 482%, sparking renewed interest and debate in the cryptocurrency market. Shiba Inus Recent Burn Rate Increase Explained While news of the Ethereum ETFs introduction...

431 432 433 434 435 436 437 438 439 440

Economy

Holiday Economic Questions: What Bank of America Says You Should Expect

Bank of America economist Aditya Bhave says this years holiday gatherings may bring more than cold weatherthey may spark tough conversations about inflation, housing, interest rates, and the broader U.S. economy. In a...

Russia Stocks Close Flat as MOEX Hits 1-Month High

Russian equities ended Saturdays session flat, with the MOEX Russia Index holding steady and touching a fresh one-month high despite muted market activity. Investors saw little movement across major sectors, as several key...

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

Politics

Southwest Airlines Has $11 Million Fine Waived as USDOT Cites Operational Improvements

The U.S. Transportation Department has waived an $11 million penalty previously imposed on Southwest Airlines, finalizing the airlines $140 million settlement tied to its massive December 2022 holiday travel disruption....

U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform

A growing rift between the United States and Europe deepened after the European Union issued a $140 million fine against Elon Musks social media platform X under the Digital Services Act. The penalty, which EU regulators...

Trump Signs Executive Order to Strengthen U.S. Food Supply Chain Security

U.S. President Donald Trump has issued a new executive order aimed at strengthening the nations food supply chain by targeting potential risks linked to price fixing, market manipulation, and anti-competitive practices....

Boeing Executive Says Trump’s Equity Stake Plan Won’t Target Major Defense Contractors

Boeing Defense, Space Security CEO Steve Parker clarified that President Donald Trumps proposal for the U.S. government to take equity stakes in strategic industries is not aimed at major defense contractors. Speaking at...

Zelenskiy Describes “Substantive” Call With Trump Envoys as Ukraine, U.S. Explore Peace Path

Ukrainian President Volodymyr Zelenskiy said on Saturday that he held a long and substantive phone call with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, emphasizing that...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SpaceX CEO Elon Musk Denies Reports of $800 Billion Valuation Fundraise

Elon Musk has publicly refuted recent media claims suggesting that SpaceX is seeking to raise new capital at an $800 billion valuation. In a post shared on X, Musk clarified that the reports circulating online were...

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...