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

Become a contributor

Bookmark Econotimes

Economy

Sat, Dec 20, 2025 02:10 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Growing cities face challenges of keeping the masses moving up, down and across

Jun 03, 2018 21:46 pm UTC| Insights & Views Economy

Cities worldwide face the problems and possibilities of volume: the stacking and moving of people and things within booming central business districts. We see this especially around mass public transport hubs. As cities...

U.S. Treasuries slump ahead of May non-farm payrolls, ISM manufacturing PMI

Jun 01, 2018 11:14 am UTC| Commentary Economy

The U.S. Treasuries slumped Friday, as investors wait to watch the countrys non-farm payrolls and the unemployment rate for the month of May, scheduled to be released today by 12:30GMT respectively. Also, the ISM...

UK gilts continue to plunge after May manufacturing PMI cheers investors, Italy succeeds in government formation

Jun 01, 2018 09:56 am UTC| Commentary Economy

The United Kingdoms gilts continued to plunge on Friday after the countrys manufacturing PMI for the month of May cheered market participants, besides, the political chaos in Italy that came to a halt, after Prime...

German bunds plunge after May manufacturing PMI beats market expectations

Jun 01, 2018 08:46 am UTC| Commentary Economy

The German bunds plunged during European session on the last trading day of the week Friday after the countrys manufacturing PMI for the month of May beat market expectations, thus weighing on the debt market. The...

New Zealand’s ANZ-Roy Morgan consumer confidence remains steady in May, slightly above historical average

Jun 01, 2018 08:11 am UTC| Commentary Economy

New Zealands ANZ-Roy Morgan consumer confidence Index remained steady at 121 in May. This is just above the average of the series since its inception in 2004. On a seasonally adjusted basis, the index rose 1 point to...

New Zealand bonds slump after geopolitical tensions ease; Trump administration continues to surprise markets

Jun 01, 2018 06:25 am UTC| Commentary Economy

New Zealand bonds slumped at the time of closing Friday after global political conditions start to improve, with the United States President Donald Trump continuing to surprise market participants. At the time of...

JGBs slip after BoJ cuts purchases of 5-10 year maturities, ease in Italy’s political tension

Jun 01, 2018 05:43 am UTC| Commentary Economy

Japanese government bonds slipped during late Asian session Friday after the Bank of Japan cut is debt purchases maturing in 5-10 years amid an ease in Italys political tension, which weighed on bond prices The yield on...

2411 2412 2413 2414 2415 2416 2417 2418 2419 2420

Economy

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...