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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Dec 24, 2024 02:17 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

French household consumption falls in volume in December

Jan 31, 2020 12:54 pm UTC| Commentary

French household consumption expenditure on goods dropped in volume in December. According to INSEE, household consumption fell 0.3 percent sequentially, after rising 0.7 percent in the prior month. In the fourth quarter...

U.S. Treasuries nearly flat amid muted trading session ahead of host of 2-tier data

Jan 31, 2020 12:39 pm UTC| Commentary Economy

The U.S. Treasuries remained nearly flat during Fridays afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the countrys host of 2-tier economic data, due for release...

Euro area economy grows weaker than expectations in Q4 2019, likely to rebound very gradually in 2020

Jan 31, 2020 11:34 am UTC| Commentary

The euro areas fourth quarter GDP came in soft today, as two of the euro areas three biggest economies shrank. Inflation picked up on the surface, but core eased. The advance GDP data released today indicated that the euro...

German bunds gain despite rise in eurozone’s January CPI

Jan 31, 2020 11:27 am UTC| Commentary Economy

The German bunds gained during European trading session Friday even as eurozones consumer price inflation (CPI) for the month of January rose, meeting market expectations, while the countrys retail sales disappointed...

RBA likely to downgrade growth forecast but hold cash rate until further information, says ANZ Research

Jan 31, 2020 09:58 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia (RBA) is expected to wait for more information before moving further on monetary policy, which is similar to the approach it took in May and August of last year, but will likely lower its...

Digital Currency Revolution

Spotlight On Trend Of Central Bank Digital Currency

Jan 31, 2020 07:05 am UTC| Research & Analysis Digital Currency Central Banks Commentary

The renowned central banks and sovereign governments around the world have been sensing the essence and the opportunities of CBDC (Central Bank Digital Currency) foreseeing a swift transformation phase in the prevailing...

USD/INR likely to trade in range of 70.5-72.0 over near term in wake of nation’s massive foreign currency stockpile, says Scotiabank

Jan 31, 2020 06:03 am UTC| Commentary Economy

The USD/INR is expected to trade in a range of 70.5-72.0 in the near term by considering the nations massive foreign currency stockpile, according to the latest research report from Scotiabank. India is set to unveil...

91 92 93 94 95 96 97 98 99 100

Economy

Musk’s X Raises Premium-Plus Plan to $22 With Creator Payouts and AI Features in Focus

X, the platform owned by Elon Musk, raised its premium-plus subscription to $22 in the U.S., emphasizing enhanced creator payouts and advanced AI-driven features like the Grok chatbot. The updated pricing takes effect for...

Tesla Rolls Out Mobile Megapack Chargers for Holidays Across the US, Find Out the Locations Here

Tesla has introduced mobile Megapack chargers at major U.S. travel hotspots to support increased holiday traffic. Travelers can find these high-speed chargers in locations like Bakersfield, Primm, El Centro, and Cambridge,...

UK Business Confidence Hits 2024 Low as Pay Growth Climbs Ahead of Christmas Hiring Surge

UK business confidence fell to its lowest level in 2024 during December, Lloyds Bank reported, despite a notable rise in hiring and strong pay growth ahead of the Christmas season, offering mixed signals for the economy...

Honda and Nissan Ready to Kick Off Integration Talks to Counter Tesla and Chinese Auto Giants

Honda and Nissan are preparing to announce the launch of integration talks, marking a critical moment in the global automotive industry. The discussions, likely involving Mitsubishi Motors, aim to create the worlds...

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...

Politics

Biden’s ‘Shocking’ Clemency Frees Florida Killers in Escobedo Family Slaying, Sparks Outrage Nationwide

President Joe Bidens commutation of death sentences for two men convicted in the 2006 murder of a Florida family has ignited a firestorm of criticism across the country. Bidens decision, part of a broader clemency...

Biden's 'Secret' Meetings with Hunter's Chinese Associates Exposed in New Photos

Newly released photographs have surfaced, shedding light on then-Vice President Joe Bidens interactions with his son Hunter Bidens Chinese business associates during a 2013 trip to Beijing. These images, obtained by...

Biden's Clemency Sparks Outrage Over 'Kids-for-Cash' Judge and $54 Million Fraudster

President Joe Bidens latest clemency decisions have ignited bipartisan criticism, particularly over the commutation of sentences for two high-profile offenders. Among the nearly 1,500 individuals granted clemency this...

DeSantis Faces 'Critical Decision' on Rubio's Senate Successor Amid Trump's Cabinet Picks

As President-elect Donald Trump prepares to assume office, his selection of Senator Marco Rubio (R-Fla.) for Secretary of State has prompted Florida Governor Ron DeSantis to identify a suitable replacement for Rubios...

Greene Warns 'Assassin's Actions' Could Lead to 'Single-Payer Healthcare' in America

In the aftermath of UnitedHealthcare CEO Brian Thompsons assassination, Representative Marjorie Taylor Greene (R-Ga.) has voiced concerns about potential political repercussions. She fears that the actions of the suspected...

Science

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

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...

Technology

'Drones Plummet onto Crowd' at Orlando Holiday Show, Prompting NTSB Investigation

The National Transportation Safety Board (NTSB) has initiated an investigation into a malfunction involving unmanned aircraft systems (UAS) that resulted in drones falling into the audience during a holiday show at Lake...

Trump's 'Tech Dream Team' Appointments Spark Debate Over Administration's Digital Strategy

President-elect Donald Trump has unveiled a series of high-profile appointments to his technology team, signaling a robust commitment to advancing the United States position in artificial intelligence (AI) and digital...

Apple Releases 'Urgent' Warning as iPhone Users Targeted by 'Mercenary' Spyware Attacks

Apple has issued an urgent alert to iPhone users, warning of sophisticated spyware attacks orchestrated by private entities targeting high-profile individuals. These mercenary spyware tools, notably Pegasus, can infiltrate...

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...

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,...