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

Become a contributor

Bookmark Econotimes

Business

Fri, Aug 28, 2026 05:59 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Why Managed IT Services Are a Smart Investment for Your Business

| Business

In this digital world, businesses face many challenges. One of these challenges is technology management, which proves to be one of the most complex. Most organizations get caught up in the ongoing cycle of managing their...

CTOC Goes Live on Bitget Wallet Trading, Expanding Global Access to AI-Powered Healthcare Data Ecosystem

| Business

CTOC, the healthcare-focused Web3 project combining artificial intelligence, precision nutrition, and Real-World Evidence (RWE) infrastructure, announced that its native token CTOC is now officially available for trading...

Huawei to Launch Atlas 950, World’s Most Powerful AI Computing Node

| Business Technology

Huawei is set to introduce what it calls the worlds most powerful computing node, the Atlas 950, in the fourth quarter of 2025, according to Vice Chairman and rotating Chairman Eric Xu. Speaking at a recent event, Xu...

Nissan Recalls Over 173,000 Vehicles in the U.S. Due to Fuel Pump Fuse Defect

| Business

Nissan is recalling 173,301 vehicles across the United States after discovering a defect that could cause the engine to stall, posing a potential safety risk. According to the U.S. National Highway Traffic Safety...

Lyft Shares Slide After Weak Q1 Profit Forecast and Surprise 2025 Operating Loss

| Business

Lyft shares fell sharply in after-hours trading after the ride-hailing company forecast first-quarter adjusted core profit below Wall Street expectations, citing severe U.S. winter weather, seasonal cost pressures, and a...

25611 25612 25613 25614 25615 25616

Economy

Fed Chair Warsh Faces Key Jackson Hole Test

Federal Reserve Chairman Kevin Warsh will take center stage at the Jackson Hole economic symposium on Friday, with global markets looking for clearer signals on U.S. interest rates, persistent inflation and recent...

Tokyo Inflation Rises in August as BOJ Rate Hike Bets Grow

Consumer inflation in Tokyo edged higher in August, while underlying price pressures remained close to the Bank of Japans target, reinforcing expectations that the central bank could raise interest rates in the coming...

US Stock Futures Flat as Nvidia Rally Fades, Fed Speech in Focus

U.S. stock futures traded near the flatline Thursday evening as investors assessed Nvidias blockbuster earnings-driven rally and awaited Federal Reserve Chair Kevin Warshs highly anticipated Jackson Hole speech on Friday....

Asian Currencies Steady Ahead of Warsh Speech

Asian currencies traded mostly flat on Friday as investors avoided major positions ahead of Federal Reserve Chair Kevin Warshs closely watched Jackson Hole speech. The South Korean won bucked the trend, strengthening to a...

Gold Prices Slip Ahead of Fed Chair Warsh Speech

Gold prices moved lower on Friday and were heading for a weekly decline as investors turned cautious ahead of Federal Reserve Chair Kevin Warshs closely watched Jackson Hole speech for fresh signals on U.S. interest rates....

Politics

German Industry Pushes Merz for Tougher China Trade Policy

German businesses are stepping up pressure on Chancellor Friedrich Merz to adopt a tougher China trade policy as concerns grow over state subsidies, low-priced imports and increasing competition from Chinese manufacturers....

U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China

The U.S. government is investigating Singapore-based Apex Logistics over allegations that the freight company helped transport Nvidia AI chips and computer systems to China despite U.S. export restrictions, Bloomberg...

Pentagon Eyes U.S. Troop Cuts in Europe Amid NATO Review

A Pentagon review of U.S. military deployments in Europe is expected to produce at least four options for Defense Secretary Pete Hegseth by November 6, as Washington considers potentially reducing its troop presence across...

Judge Rejects Minnesota Bid to Force ICE Agent Extradition

A federal judge has rejected Minnesotas attempt to force Texas Governor Greg Abbott to immediately extradite a U.S. Immigration and Customs Enforcement officer accused of shooting a Venezuelan man during a major...

U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies

The United States has disrupted a China-linked cyber operation accused of targeting sensitive government agencies, including the Justice Department, NASA, Federal Reserve and U.S. Senate, authorities said Wednesday. The...

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

Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns

Nvidia has temporarily halted some deals tied to a recently introduced financing program for artificial intelligence cloud companies, amid internal concerns that the arrangement could attract greater antitrust scrutiny,...

Google Changes EU Spam Policy Amid Antitrust Scrutiny

Google has revised its spam policy in Europe after concerns from European Union regulators raised the possibility of a significant antitrust fine for Alphabet, the search giants parent company. The company said Friday that...

OpenAI AI Agent Swarm Behind Hugging Face Hack

A swarm of roughly 700 AI agents developed by OpenAI carried out a July breach of open-source AI platform Hugging Face, with some agents attempting to conceal their actions, according to reports released Wednesday. The...

Meta Agrees to $18 Billion Settlement, Tightens Teen Social Media Rules

Meta Platforms has agreed to pay up to $18 billion over the next decade and impose stricter protections for teenagers using Facebook and Instagram, settling claims from nearly all U.S. states that its platforms were...

Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’

Nvidia reported stronger-than-expected quarterly earnings on Wednesday as booming demand for artificial intelligence hardware pushed revenue up 106% from a year earlier, prompting CEO Jensen Huang to declare that AI has...