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

Become a contributor

Bookmark Econotimes

Business

Thu, Aug 13, 2026 05:53 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Canadian Court Orders $1.2M Bitcoin Repayment in Landmark Crypto Loan Case

Sep 01, 2024 15:33 pm UTC| Digital Currency Technology Business

A Canadian court has ruled that Daniel Tambosso must repay Hung Nguyen $1.2 million in Bitcoin after a contentious loan dispute, marking a significant legal precedent in cryptocurrency cases. $1.2M Bitcoin Loan Ordered...

Digital Currency Revolution

Shiba Inu's SHIB Price Set to Soar? Weekly Burn Rate Explodes 244% as Millions Disappear

Sep 01, 2024 14:54 pm UTC| Digital Currency Technology Business

Shiba Inus SHIB token saw a staggering 244% increase in its weekly burn rate, with 389.5 million tokens vanishing, stirring speculation about a potential price surge. SHIB Community Sees Burn Rate Increase Amidst...

Digital Currency Revolution

XRP Outrage as Bitcoin, Ethereum Allegedly Receive SEC's Favoritism, Igniting Community Backlash

Aug 31, 2024 21:22 pm UTC| Digital Currency Technology Business

The XRP community is furious over allegations that the US SEC is favoring Bitcoin and Ethereum, a move seen as deeply unfair by XRP supporters and sparking widespread criticism in the crypto world. XRP Community Fumes...

Digital Currency Revolution

Justin Sun Confirms 100% SUN Revenue Burn, Sparking Anticipation for Token Price Rally

Aug 31, 2024 20:43 pm UTC| Digital Currency Technology Business

Tron founder Justin Sun announced that 100% of SUN token revenue will be allocated to token burns, boosting community expectations for a price rally. SUN Revenue Allocation to Burn According to Trons Justin Sun, all...

Digital Currency Revolution

Telegram Holds $400 Million in Crypto Assets, Financial Statement Confirms

Aug 31, 2024 17:56 pm UTC| Digital Currency Technology Business

Telegrams 2023 financial statement confirms $400 million in crypto assets, solidifying its position as a key player in the digital finance sector amid CEO Pavel Durovs ongoing legal battles. Telegram Holds $400 Million...

Apple Intelligence Clean Up Tool’s Face Recognition Fails, Leading to Distorted Background Edits

Aug 31, 2024 16:38 pm UTC| Technology Business

Apple Intelligences Clean Up tool, launched with iOS 18.1 beta 3, has been criticized for its failure to recognize faces in the background, resulting in distorted and unsettling edits when foreground images are...

Digital Currency Revolution

Shiba Inu (SHIB) Price Slips as Bears Tighten Grip Despite Burn Rate Spike

Aug 31, 2024 16:17 pm UTC| Digital Currency Technology Business

The Shiba Inu (SHIB) price has faltered, with the token losing 1.56% in a single day, despite a brief surge in its burn rate, raising concerns among investors. SHIB Price Falls Amid Bearish Trends In a titanic war...

931 932 933 934 935 936 937 938 939 940

Economy

KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally

South Koreas KOSPI has rebounded roughly 20% from its late-July low, putting the benchmark close to leaving bear-market territory as investors return to technology and semiconductor stocks following a steep selloff. The...

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

Australias Fair Work Commission (FWC) has approved new minimum standards for food and grocery delivery workers, giving gig economy workers higher pay and greater protection against workplace injuries. Under the new rules,...

Gold Price Holds Near $4,400 as Hormuz Risks and CPI Drive Markets

Gold prices climbed on Wednesday, remaining close to the $4,400-an-ounce mark as uncertainty surrounding the reopening of the Strait of Hormuz boosted oil prices and kept investors focused on the Federal Reserves...

Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

Minnesota Lieutenant Governor Peggy Flanagan has secured the Democratic nomination for the U.S. Senate, setting up a closely watched general election contest against Republican nominee Michele Tafoya. U.S. media outlets...

U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

U.S. military operations killed 153 civilians and wounded another 243 in 2025, according to Pentagon assessments cited by a U.S. official, marking a sharp increase from the civilian casualty figures reported for 2024. The...

Bashar al-Assad Sentenced to Death After Syria Regime Collapse

Bashar al-Assads 24-year rule over Syria ended dramatically in December 2024 after rebel forces launched a rapid offensive that overwhelmed his weakened military. With Russia focused on its war in Ukraine and Iran weakened...

Trump Signs Order to Cut Routine Childhood Vaccines

President Donald Trump has signed an executive order seeking to reduce the number of routine childhood vaccinations recommended in the United States and directing the Justice Department to challenge certain state vaccine...

Wisconsin Democratic Primary Tests Progressive Appeal

Democratic socialist Francesca Hong and moderate David Crowley remained locked in a tight race Tuesday in Wisconsins closely watched Democratic gubernatorial primary, offering an important test of progressive candidates...

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

Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges

Cisco Systems has issued a stronger-than-expected fiscal 2027 outlook, fueled by rising demand for networking equipment and artificial intelligence infrastructure from hyperscale customers. The networking technology giant...

Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook

Super Micro Computer (NASDAQ: SMCI) shares surged about 19% on Wednesday after the AI server maker issued fiscal 2027 guidance that significantly exceeded Wall Street expectations, easing concerns following its softer...

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...