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

Become a contributor

Bookmark Econotimes

Commentary

Sun, Aug 16, 2026 02:50 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Catalonia Crisis: Five-day ultimatum unlikely to solve gridlock between Puigdemont and Rajoy

Oct 12, 2017 10:39 am UTC| Commentary

After having a consultation with the Cabinet, Spanish Prime Minister Mariano Rajoy issued a five-day deadline to the Catalan Independence leader Carles Puigdemont on Wednesday to clarify his position on Independence. It...

Oil in Global Economy Series: U.S. oil exports now beat majority of OPEC members

Oct 12, 2017 10:06 am UTC| Commentary

The crude oil exports from the United States are quickly becoming a key influencing factor in the global oil market, which even after more than three years of price decline remains oversupplied. According to data from the...

Oil in Global Economy Series: Libya unlikely to join supply cut agreement as production struggles

Oct 12, 2017 09:49 am UTC| Commentary

While Nigeria is expected to be pressured to join the OPEC supply reduction initiative by both OPEC members and non-OPEC participating countries like Russia when they meet to discuss the future of the agreement in Vienna...

UK gilts gain momentum following scant progress in fifth round of Brexit talks

Oct 12, 2017 08:40 am UTC| Commentary Economy

The UK gilts gained momentum Thursday as investors poured into safe-haven assets, following timid progress over the fifth round of Brexit negotiations that cast a shadow over the fate of the British economy. The yield...

Oil in Global Economy Series: Iraq continues to cheat OPEC agreement more than any other country

Oct 12, 2017 08:28 am UTC| Commentary

Data from OPECs monthly oil market report shows that Iraq remains the biggest cheater within OPEC when it comes to complying with the agreement. The chart, which is based on production data from secondary sources for the...

Taiwan’s export sector likely to receive support in near-term on rising demand for iPhone, says DBS Group Research

Oct 12, 2017 07:59 am UTC| Commentary Economy

Taiwans export sector is expected to receive support in the near-term on rising demand in the iPhone supply chains and synchronous recovery across the major markets. From the technical perspective, exports growth should...

Oil in Global Economy Series: Non-OPEC supplies expected to grow in 2017 and 2018

Oct 12, 2017 07:23 am UTC| Commentary

According to OPECs monthly oil market report, published this week, the oil supplies from major non-OPEC producers who are not part of the current supply-reduction agreement joined by non-OPEC countries like Russia are set...

1821 1822 1823 1824 1825 1826 1827 1828 1829 1830

Economy

Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals

U.S. equities have delivered strong gains in 2026, but Barclays analysts warn that the stock market rally may be increasingly disconnected from underlying fundamentals as investors continue chasing higher prices. The SP...

Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets

Gold prices edged higher on Friday and headed for a weekly gain as weaker-than-expected U.S. retail sales further reduced expectations for a Federal Reserve interest rate hike in September. Spot gold rose 0.5% to $4,374.30...

S&P 500 Retreats From Record High as AI Stocks Slide, Retail Sales Disappoint

The SP 500 closed lower on Friday, retreating from its latest record high as weakness in AI-related stocks and disappointing U.S. retail sales weighed on investor sentiment. The SP 500 fell 0.17% to 7,785.76, while the...

Trump Imposes New Tariffs on Drone Imports Over US Security Concerns

President Donald Trump has announced new tariffs on imported drones and drone components, citing national security concerns and the United States heavy dependence on foreign suppliers. Under a proclamation signed by Trump,...

Strait of Hormuz Shipping Near Standstill After New Vessel Attacks

Shipping through the Strait of Hormuz slowed to a near standstill on Friday after two more vessels were attacked, while the United States signaled it could maintain its naval blockade of Iran indefinitely. The disruption...

Politics

US Admiral Visits USS Abraham Lincoln as Carrier Prepares to End Deployment

The US admiral overseeing military operations involving Iran visited the USS Abraham Lincoln on Saturday as the aircraft carrier prepared to return home after a demanding nine-month deployment, according to a report by the...

AMLO’s Son Says U.S. Revoked His Visa

Andres Manuel Lopez Beltran, the son of former Mexican President Andres Manuel Lopez Obrador, said the United States has revoked his visa in what he described as a politically motivated decision. Lopez Beltran, widely...

DNC Makes South Carolina First in 2028 Democratic Primaries

The Democratic National Committee has officially selected South Carolina as the first state to vote in the 2028 Democratic presidential primaries, cementing a new nominating calendar designed to reflect the partys diverse...

Israeli Troops Enter Qusra Homes as Settler Siege Intensifies

Israeli troops took up positions inside Palestinian homes in the occupied West Bank village of Qusra on Thursday, according to local officials and residents, as a settler siege that has trapped several Palestinian families...

U.S. Pressures Nations to Choose Sides in AI Race

The United States is preparing to pressure dozens of countries to choose between joining a U.S.-led artificial intelligence alliance or supporting Chinas competing AI framework, according to a U.S. official and an internal...

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

Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says

Alphabet is increasingly shifting its artificial intelligence strategy toward commercialization, scale and long-term revenue growth, according to Goldman Sachs analysts. The investment bank said recent management changes,...

Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center

Nvidia is reportedly in discussions to invest up to $3 billion in SB Energy, a SoftBank Group-backed company developing a major AI data center campus in Ohio for OpenAI. According to a report by The Information, the...

Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion

Alphabets early investment in SpaceX has delivered extraordinary returns, with the Google parents stake valued at roughly $94.2 billion at the end of June. The company originally invested $900 million in Elon Musks rocket...

Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover

Stripe and private equity firm Advent International reportedly offered to acquire PayPal for $60.50 per share in July, valuing the payments company at roughly $53 billion. PayPal rejected the proposal as too low, but...

J.P. Morgan Upgrades SanDisk, Sets $2,250 Price Target on AI NAND Growth

J.P. Morgan upgraded SanDisk to Overweight from Not Rated and set a December 2027 price target of $2,250, citing stronger long-term growth prospects following the flash memory companys 2026 Investor Day in New York....