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

Become a contributor

Bookmark Econotimes

Business

Wed, Aug 19, 2026 07:03 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

NFT: WWE, Fox Entertainment, Blockchain Creative Labs to launch NFT Marketplace for wrestling collectibles

Oct 28, 2021 08:50 am UTC| Business Digital Currency

WWE and Fox Entertainment are teaming up with Blockchain Creative Labs to open an NFT Marketplace for World Wrestling Entertainment digital collectibles. The blockchain creative company will create non-fungible tokens...

NFT: Disney, VeVe collaborate to launch Pixar, Star Wars, Marvel NFTs

Oct 28, 2021 08:26 am UTC| Business Digital Currency

Disney and VeVe signed a deal to release digital collectibles featuring Star Wars, Pixar, Marvel, and Disney NFTs. The collaboration is part of the digital collectible app-based marketplaces celebration of Disney+...

Starbucks to raise wages in the US next year

Oct 28, 2021 06:52 am UTC| Business Economy

Starbucks announced on Wednesday, Oct. 27, that it would be issuing a pay hike for its store baristas in the United States. The coffee chain said that the increase in wages would happen at least twice, and this will bring...

Used Car Prices Are Sky-High. Can We Expect That To Change?

Oct 28, 2021 06:25 am UTC| Business

On the surface, one might expect the pandemic to have lowered the cost of used cars because of a weakened economy and lower demand. After all, people have not been driving as much, with stay-at-home orders keeping us out...

McDonald’s sells McD Tech Labs to IBM for a strategic partnership to automate drive-thrus

Oct 28, 2021 06:11 am UTC| Business Economy

McDonalds announced on Wednesday, Oct. 27, that it has teamed up with IBM to build automatic drive-thru lanes in its stores. The strategic partnership involves the software companys acquisition of the fast-food chains McD...

Elon Musk beats Jeff Bezos and set to become the richest person on Earth with close to $300B fortune

Oct 28, 2021 06:03 am UTC| Business Economy

Elon Musk has surpassed Jeff Bezos in terms of net worth and is close to reaching $300 billion. With this, the Tesla and SpaceX owner is set to become the richest person in the world. Once Musk hits the $300 billion...

GM to install 40,000 charging stations across U.S. and Canada

Oct 28, 2021 01:41 am UTC| Business Economy

General Motors announced on Tuesday, Oct. 26, that it will be installing up to 40,000 units of new charging stations for electric vehicles. These will be put up in strategic places in the United States and Canada. As...

2661 2662 2663 2664 2665 2666 2667 2668 2669 2670

Economy

Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns

U.S. President Donald Trump said Tuesday that Washington is not holding talks with Iran and maintained that the Strait of Hormuz remains open, directly challenging Tehrans claim that the crucial energy shipping route is...

Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape

U.S. President Donald Trump has delayed new 50% tariffs on Canadian goods for three days after announcing that the United States and Canada had reached a preliminary trade agreement. The tariffs were scheduled to take...

Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears

Asian technology and semiconductor stocks suffered steep losses on Wednesday as rising global bond yields intensified concerns over expensive AI-related valuations and higher financing costs across the technology sector....

China Set to Hold Benchmark Lending Rates Steady for 15th Month

China is expected to keep its benchmark lending rates unchanged in August for the 15th consecutive month, despite fresh economic data highlighting persistent weakness in domestic demand. A Reuters survey of 25 market...

UK Inflation Rises to 2.9% in July as Energy Costs Climb

Britains annual consumer price inflation rate climbed to 2.9% in July, rising from a 15-month low of 2.6% in June, according to official figures released on Wednesday. The increase highlights renewed price pressures on UK...

Politics

Israeli Airstrike Kills Six Palestinians in Gaza as Trump Peace Plan Stalls

An Israeli airstrike in Gaza City killed at least six Palestinians and wounded 14 others on Tuesday, according to local health officials, as efforts to advance U.S. President Donald Trumps Gaza peace plan remained stalled....

US, South Korea Cut Joint Military Drills After Trump Orders Reduced Role

South Korea and the United States have shortened their annual Ulchi Freedom Shield military exercises from 11 days to five and reduced some field training after U.S. President Donald Trump ordered a substantial cut in...

Angie Nixon Scores Florida Senate Primary Upset as Key Midterm Races Take Shape

Democratic socialist Angie Nixon delivered a major upset in Floridas Democratic U.S. Senate primary on Tuesday, defeating former national security official Alex Vindman as voters across several states selected candidates...

Israel Strikes Syrian Airbase Near Aleppo, Raising Tensions With Turkey

Israel launched eight airstrikes on Syrias Abu al-Duhur airbase near Aleppo on Tuesday, prompting condemnation from Turkey and concern from the United States over escalating regional tensions. Syrian state-run Ekhbariya...

Trump Says Iran Talks Halted as Hormuz Dispute Pushes Oil Higher

U.S. President Donald Trump said Tuesday that no negotiations with Iran were taking place and insisted the Strait of Hormuz remained open, contradicting Tehrans claim that the strategic waterway was still closed to...

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

Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut

Unitree Robotics shares skyrocketed in their Shanghai stock market debut on Wednesday, highlighting surging investor interest in Chinas robotics and artificial intelligence sectors. The Chinese humanoid robot maker saw its...

Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks

Goldman Sachs has identified nine Japanese semiconductor and electronic components stocks it believes are well positioned for growth, particularly as artificial intelligence and data center demand accelerates. The bank...

Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth

Baidu shares plunged to a near one-year low on Wednesday after the Chinese technology giant reported weaker-than-expected second-quarter results, as declining advertising revenue overshadowed strong growth across its...

OpenAI Tightens AI Safety Monitoring After Security Incidents

OpenAI is strengthening oversight of its most advanced artificial intelligence models as the company works to prevent unexpected or potentially dangerous behavior from increasingly autonomous AI systems. The ChatGPT...

Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion

Moodys Ratings has affirmed NVIDIA Corporations (NASDAQ: NVDA) Aa1 senior unsecured rating and Prime-1 short-term commercial paper rating, while maintaining a positive outlook. The decision follows NVIDIAs plan to provide...