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US under Trump Series

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As Donald Trump reasserts his influence on U.S. policy and global affairs, America finds itself at a crossroads. America Under Trump is a deep-dive series by EconoTimes, analyzing the sweeping economic, social, and geopolitical shifts under his leadership. From trade wars and tax reforms to foreign policy and domestic unrest, this series explores the impact of Trump's decisions on markets, businesses, and everyday citizens. Through expert analysis, data-driven insights, and exclusive commentary, we unpack the lasting effects of Trump’s governance on the future of America and the world.

US under Trump Series

Why Inflation Won’t Stop Tariffs: ‘The Political Agenda Matters More,’ Warns Economist

Nov 16, 2024 19:18 pm UTC| Economy Business Politics

As inflation continues to strain household budgets, voters remain deeply concerned about rising costs. Yet, according to UBS Chief Economist Paul Donovan, inflation fears are unlikely to deter the United States from...

US under Trump Series

‘Trump Trade’ Economics Explained: How Tariffs, Deregulation, and Spending Plans Could Reshape the Market

Nov 16, 2024 19:14 pm UTC| Economy Business Politics

The Trump trade is back in focus following the dramatic market reactions to Donald Trumps return to the White House. With equities soaring, Treasury yields climbing, and the U.S. dollar strengthening, Bank of America...

US under Trump Series

‘Republican Power Play’: Trump’s Second Term Brings ‘Explosive’ Shifts in Congress Compared to 2016 Sweep

Nov 16, 2024 19:11 pm UTC| Politics Business Economy

The Republican Partys decisive victory in the 2024 elections has reignited comparisons to its 2016 sweep that handed the GOP control of both the White House and Congress. However, while the broad goals of the Republican...

US under Trump Series

World Bank in Turmoil: Officials Scramble After Losing $24 Billion in Climate Funds Under Trump’s Budget Ax

Nov 16, 2024 18:48 pm UTC| Politics Business

The World Bank is reportedly in chaos as officials grapple with fallout from revelations of $24 billion in unaccounted climate funds. The controversy has escalated fears of severe budget cuts from President-elect Donald...

US under Trump Series

Trump Vows to Unleash RFK Jr. on Health Agencies, Promises 'Sweeping Overhaul' of Scientific Standards

Nov 16, 2024 18:46 pm UTC| Politics

President-elect Donald Trump has announced his intent to grant Robert F. Kennedy Jr. sweeping authority to overhaul U.S. health agencies. The move has sparked intense debate across the political spectrum, with proponents...

US under Trump Series

‘War on Christians’? Pete Hegseth Slams Media Bias, Promises Change Under Trump’s Defense Department on ‘Day One’

Nov 16, 2024 10:27 am UTC| Politics

Conservative commentator Pete Hegseth has ignited a new round of cultural debate, alleging that media outlets are unfairly targeting Christians, conservatives, and patriots. In a fiery social media post, Hegseth vowed that...

US under Trump Series

‘Mass Exodus Looms!’ FDA Employees Consider Quitting as Robert F. Kennedy Jr. Joins Trump’s Administration

Nov 15, 2024 10:46 am UTC| Politics

As Robert F. Kennedy Jr. prepares to join the Trump administration, reports suggest a growing sense of unease among employees at the Food and Drug Administration (FDA). The potential appointment of Kennedy, known for his...

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Economy

Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb

Russian stocks closed mixed on Sunday, with the benchmark MOEX Russia Index finishing unchanged at 0.00% while remaining at its lowest level in three years. Despite the flat performance of the overall index, individual...

Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027

Goldman Sachs has raised its USD/JPY exchange rate forecasts, predicting the Japanese yen will remain under pressure as elevated U.S. Treasury yields, limited recession risks in the United States, Japans fiscal concerns,...

Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch

Most Asian currencies edged higher on Friday after the U.S. dollar retreated from a 13-month high following weaker-than-expected U.S. nonfarm payrolls data, raising fresh questions about the Federal Reserves interest rate...

Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions

Asian stock markets rebounded sharply on Friday as investors returned to technology shares following a week of heavy selling, while easing geopolitical tensions and growing expectations of Federal Reserve interest rate...

Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook

Oil prices edged lower on Friday as improving global crude supplies and expectations of near-term oversupply continued to pressure the market, while traders reduced bearish positions ahead of the U.S. holiday weekend....

Politics

Trump to Meet Zelenskiy at NATO Summit in Turkey to Push Ukraine Peace Efforts

U.S. President Donald Trump is set to meet Ukrainian President Volodymyr Zelenskiy during this weeks NATO summit in Turkey as part of a renewed diplomatic effort to end the war in Ukraine, according to a senior U.S....

Israel Cabinet Rejects Supreme Court Ruling, Sparking Constitutional Crisis Fears

Israels cabinet has voted to reject a Supreme Court ruling involving the countrys broadcast regulator, triggering fresh concerns over a potential constitutional crisis and deepening tensions between Prime Minister Benjamin...

Israeli Airstrike Kills Two in Gaza City as Ceasefire Violations and Truce Talks Persist

At least two Palestinians were killed and several others were wounded in an Israeli airstrike in central Gaza City on Sunday, according to Palestinian health officials, as violence continued despite an October ceasefire...

Khamenei Funeral Draws Massive Crowds as Iran’s New Supreme Leader Remains Absent

Iran continued its week-long funeral ceremonies on Sunday for slain Supreme Leader Ayatollah Ali Khamenei, with tens of thousands of mourners gathering in Tehran while his successor, Supreme Leader Mojtaba Khamenei,...

Michigan Senate Race Narrows as Mallory McMorrow Ends Democratic Campaign

Michigan State Senator Mallory McMorrow has suspended her Democratic campaign for the U.S. Senate, reshaping the partys primary contest into a two-candidate race in one of the countrys most closely watched battleground...

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

Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley

Meta Platforms (NASDAQ: META) is preparing to expand into the cloud computing market, a move that could position the company as a future rival to Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. According to...

Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds

Anthropic is strengthening measures to prevent unauthorized access to its artificial intelligence services from China after discovering that several Chinese companies had allegedly bypassed its restrictions, according to a...

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...