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

Become a contributor

Bookmark Econotimes

Business

Sun, Apr 12, 2026 06:14 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tesla’s 22% Stock Surge Wipes Out 2024 Short Seller Gains in a Single Day

Oct 27, 2024 19:06 pm UTC| Technology Business

Teslas market cap soared by $150 billion as the stock jumped 22% on October 25 following strong Q3 earnings, leading to a $3.5 billion loss for short sellers. The massive rally wiped out short sellers 2024 gains in just...

Ford, LG to Bring Mustang Mach-E Battery Production to Michigan, Eyeing IRA Tax Breaks

Oct 27, 2024 06:11 am UTC| Technology Business

In a major move for U.S. EV production, Ford and LG Energy Solution will relocate Mustang Mach-E battery manufacturing from Poland to Michigan by 2025. The shift aligns with IRA tax incentives, designed to encourage...

Digital Currency Revolution

Bitcoin: The Next Reserve Asset? Central Banks Encouraged to Adopt for Stability

Oct 27, 2024 05:52 am UTC| Digital Currency Technology Business

A new report from the Bitcoin Policy Institute suggests that Bitcoin could serve as a vital reserve asset for central banks. Economist Matthew Ferranti emphasizes that Bitcoins weak correlation with traditional assets and...

Digital Currency Revolution

Coinbase Unveils 'Based Agent'—Craft AI Crypto Agents with Wallets in Just 3 Minutes

Oct 27, 2024 05:36 am UTC| Digital Currency Technology Business

In a groundbreaking move, Coinbase has launched Based Agent, enabling crypto enthusiasts to build AI agents connected to crypto wallets in less than three minutes. This innovative tool allows users to execute onchain tasks...

Tesla Semi Demand Hits 'Ridiculous' Levels: Musk Says Traditional Trucks Face a Major Shake-Up

Oct 27, 2024 03:33 am UTC| Technology Business

Tesla CEO Elon Musk revealed soaring demand for the Tesla Semi, labeling it ridiculous due to the electric trucks cost efficiency and eco-advantages. Musk insists companies relying on diesel trucks will fall behind as the...

Digital Currency Revolution

BlackRock Sweeps Up $292M in Bitcoin ETFs, Edging Closer to Crypto Supremacy

Oct 27, 2024 03:07 am UTC| Digital Currency Technology Business

In a monumental surge, BlackRock snapped up $292 million in Bitcoin ETFs on Friday, reinforcing its grip on the crypto landscape and overshadowing rival issuers. The firms cumulative net inflows now hover near $24 billion,...

Digital Currency Revolution

Microsoft's Bitcoin Move Could Spark Tech Domino Effect, Anthony Pompliano Suggests

Oct 27, 2024 02:53 am UTC| Digital Currency Technology Business

Microsofts consideration of adding Bitcoin to its balance sheet has captured the crypto worlds attention. Anthony Pompliano points to the companys dollar stability concerns, suggesting that this bold step could trigger a...

651 652 653 654 655 656 657 658 659 660

Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...