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

Become a contributor

Bookmark Econotimes

Commentary

Sun, Dec 22, 2024 08:59 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Daily outlook for base metals prices

Feb 18, 2015 10:37 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -Unlike the oil prices, metal prices were unable to resist the downward pull of the precious metals and likewise fell significantly yesterday: the LME base metal index declined...

Daily outlook for precious metal markets

Feb 18, 2015 10:36 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -A broad-based sell-off took place on the precious metal markets yesterday. Gold shed 1.8% on a closing price basis and for a time was trading at a six-week low of just above...

Daily outlook for crude oil prices

Feb 18, 2015 10:35 am UTC| Commentary

Quotes from Commerzbank Corporates Markets: -Oil prices managed to defy the downward pull of other commodities for quite some time yesterday before briefly dipping, though they actually ended the days trading up. Brent...

Daily outlook for ZAR: UniCredit

Feb 18, 2015 08:10 am UTC| Commentary

Quotes from UniCredit Research: -South Africa CPI is likely to slide to +4.5% y/y in January vs. 5.3% in December. We see an asymmetric short-term impact: a bigger fall may help the ZAR, but a stickier CPI print may be...

Daily outlook for GBP: UniCredit

Feb 18, 2015 08:09 am UTC| Commentary

Quotes from UniCredit Research: -GBP: Our positive outlook for sterling can benefit from strong UK labor data today (a steady jobless rate, lower claims and higher earnings). In spite lower headline inflation, core CPI is...

Daily outlook for JPY: UniCredit

Feb 18, 2015 08:08 am UTC| Commentary

Quotes from UniCredit Research: -JPY: The BoJ refrained from any political changes, but firm US IP and housing data may lift USD-JPY closer to 120, also due to higher US yields and latest remarks by Japanese ministers...

Daily outlook for EUR: UniCredit

Feb 18, 2015 08:07 am UTC| Commentary

Quotes from UniCredit Research: -EUR: Yesterday, the euro recovered from earlier losses following the collapse of Greek debt talks, supported to a certain extent by a strong German ZEW index. -Markets remain confident...

6011 6012 6013 6014 6015 6016 6017 6018 6019 6020

Economy

Trump Teases TikTok’s Fate in the US as ByteDance Faces a Critical Supreme Court Battle

President-elect Donald Trump hinted that TikTok could remain operational in the US, citing its immense popularity during his campaign, even as ByteDance braces for a Supreme Court showdown over its ownership. Trump...

'Santa Claus' Rally in Doubt as S&P Stumbles and Fed Signals Trouble for Year-End Gains

Hopes for a Santa Claus rally are fading as the SP 500 battles December losses and rising Treasury yields. With 2024 up 24%, investors question if the year will close on a high note or end with a whimper. Santa Claus Rally...

Italy's Meloni Warns EU of Russia’s Hidden Tactics Undermining Borders and Democracy

Italian Prime Minister Giorgia Meloni has urged the EU to tackle Russias evolving security threats, citing illegal migration, public influence, and resource control. Speaking at a Finland summit, she emphasized that these...

China’s Nio Brings Firefly EV to Europe in 2025 to Challenge Mini and Smart

Chinas Nio is preparing to launch its Firefly EV in Europe by early 2025, aiming to rival Mini and Smart. As the company expands its presence, its also addressing tariff challenges with innovative battery-swapping stations...

Holiday Travel Faces Turmoil as TSA Warns Shutdown Could Trigger Airport Delays Across the US

The TSA has warned that a government shutdown could severely disrupt airport operations during the holiday season. With 59,000 essential staff working unpaid, record passenger volumes may result in longer wait times unless...

Politics

Final Election Count 'Reveals' Majority of Americans Rejected Trump Despite Electoral Victory: Report

President-elect Donald Trump secured the presidency with 312 electoral votes, despite falling short of a popular vote majority, according to final election tallies. Trump garnered 77,297,721 votes, equating to 49.91% of...

Biden's 'Student Loan Forgiveness' Plan 'Abandoned'—38 Million Borrowers Left in Limbo

In a significant policy reversal, the Biden administration has withdrawn its proposal to cancel student loan debt for approximately 38 million Americans. This decision arrives amid legal challenges and operational hurdles,...

Biden's 'Immigrant Protection Plan' Aims to 'Sabotage' Trump's Deportation Agenda, Report Claims

President Joe Biden is reportedly considering executive actions to extend protections for hundreds of thousands of immigrants, potentially undermining President-elect Donald Trumps pledged mass deportation efforts. This...

Trump's 'Panama Canal Takeover' Threat Sparks International Tensions and Legal Debates

President-elect Donald Trump has threatened to reclaim U.S. control over the Panama Canal, citing exorbitant fees imposed by Panama and expressing concerns over potential foreign influence. This assertion has ignited...

Elon Musk Demands 'Cognitive Tests' for Politicians After Rep. Kay Granger Found in Dementia Care

Tech entrepreneur Elon Musk has called for mandatory cognitive assessments for elected officials following reports that Rep. Kay Granger (R-Texas) was located in a memory care facility after a six-month absence from...

Science

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Some black holes at the centers of galaxies have a buddy − but detecting these binary pairs isn’t easy

Every galaxy has a supermassive black hole at its center, much like every egg has a yolk. But sometimes, hens lay eggs with two yolks. In a similar way, astrophysicists like us who study supermassive black holes expect to...

Astronomers have pinpointed the origin of mysterious repeating radio bursts from space

Slowly repeating bursts of intense radio waves from space have puzzled astronomers since they were discovered in 2022. In new research, we have for the first time tracked one of these pulsating signals back to its...

How is Donald Trump prioritizing funding for cancer research in 2025?

President-elect Donald Trump has announced a major initiative to prioritize funding for cancer research in 2025, pledging billions in federal support to combat one of the worlds leading causes of death. The plan includes...

Technology

Soaring EV Sales Spark Scramble for Lithium and Graphite as 2030 Supply Pinch Looms

A booming market could drive electric vehicle sales from 4.5 million this year to nearly 28 million by 2030, pressuring scarce battery resources. A new McKinsey analysis highlights looming shortages in lithium, manganese,...

Samsung Plans Ultra-Thin Galaxy S25 Slim to Rival iPhone 17 Air in 2025 Flagship Battle

Samsung is reportedly preparing to unveil its thinnest flagship yet, the Galaxy S25 Slim, early next year. The device, with a rumored sub-7mm thickness, is aimed at challenging Apples iPhone 17 Air while pushing the...

Tesla Addresses 'Cell Dent' Issues in Cybertruck Batteries, Sends Units Back to Gigafactory Texas

Tesla has discovered cell dent problems in its Cybertruck battery packs, prompting the automaker to send affected vehicles back to Gigafactory Texas for replacement. The issue affects inventory vehicles and highlights...

Top AI Chip Stock Positioned for Explosive 2025 Growth, Jefferies Signals Major Upside

A top-performing AI chip company has emerged as Jefferies standout stock for 2025, fueled by groundbreaking advancements in custom chip designs. Analysts predict the firm could achieve record-breaking revenues and market...

NVIDIA Tracks China’s H100 Chip Breach as Super Micro Computer Faces New Compliance Pressure

NVIDIA is probing how restricted H100 chips are ending up in China. Allegations of forged serial numbers and questionable distributor practices, including Super Micro Computer, have triggered a sweeping investigation into...