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Tue, Jun 23, 2026 02:44 AM All times are UTC

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Euro area GDP to show resilience in Q3

Nov 12, 2015 16:00 pm UTC| Commentary

Fridays preliminary Q3 GDP data for the euro area should point to another quarter of resilient growth (0.3% qoq) driven mainly by private consumption. The slowdown from Q2 (0.4% qoq) is mainly due to Greece where the...

US initial jobless claims flat in early November

Nov 12, 2015 15:53 pm UTC| Commentary

Initial jobless claims were unchanged at 276k in the week ending November 7, in line with the forecast (275k) and a touch above consensus expectations (270k). The four-week moving average moved up to 268k (previous: 263k)...

India’s headline CPI rises in October, but core remains stable

Nov 12, 2015 15:49 pm UTC| Commentary

Consumer price inflation (CPI) in India for October stood at 5.0% y/y, a modest upside surprise, recording a c.60bp uptick from the September print of 4.4% y/y. Even with the uptick, underlying inflation remains in check....

Lower cocoa crop in Ivory Coast pushes cocoa prices high

Nov 12, 2015 13:06 pm UTC| Commentary

The front-month futures contract for cocoa traded in London increased by 0.5% yesterday and recorded 2,260 per ton. With this figure, it reached to a four year high. Analysts believe that due to fears of dry weather,...

Iraq exports most crude oil to U.S.

Nov 12, 2015 12:58 pm UTC| Commentary

Oil prices dropped by more than 3% yesterday. Brent fell to a 2½-month low of $45.6 per barrel as supply increased while WTI only just held its own above its end of October low of $42.6 per barrel. The renewed price...

Steeper slowdown in China may put world on recession path

Nov 12, 2015 12:03 pm UTC| Commentary Economy

Chinas economy is believed to be following a more bearish trend than expected. China accumulated too much capital but it is unable to establish a balance between investment spending and consumption. If the rebalancing...

Q3 gold demand is noticeably higher

Nov 12, 2015 11:32 am UTC| Commentary

World Gold Council reports that global gold demand in the third quarter of this year climbed by 8% year-on-year to 1,121 tons, its highest level since the second quarter of 2013. Gold in euro terms slid to 5-week low,...

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Economy

New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum

New Zealand is accelerating the development of major gold mining projects and attracting new mining investment as record-high gold prices breathe life into a sector that has struggled for years. The governments push to...

Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns

The Japanese yen hovered near its weakest level in almost four decades on Tuesday, fueling speculation that Japanese authorities may once again intervene in the foreign exchange market to support the struggling currency....

Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears

Asian stock markets mostly declined on Tuesday, while oil prices recovered some losses as investors weighed easing geopolitical tensions alongside growing expectations that the U.S. Federal Reserve could adopt a more...

Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures

Japans manufacturing sector maintained strong momentum in June, supported by the fastest rise in new orders in more than four years, even as businesses continued to face mounting cost pressures linked to the ongoing Iran...

U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs

American drivers are seeing welcome relief at the gas pump as gasoline prices continue to decline following improved diplomatic relations between the United States and Iran. According to fuel price tracker GasBuddy, the...

Politics

Trump Threatens ABC News Lawsuit Over Lincoln Memorial Reflecting Pool Coverage

U.S. President Donald Trump announced Monday evening that he is preparing legal action against ABC News, accusing the network of publishing false and misleading reports regarding his administrations handling of the Lincoln...

California Court Dismisses Trump Administration Lawsuit Against Los Angeles Sanctuary Policy

A California federal court has dismissed a lawsuit filed by the Trump administration against the City of Los Angeles over its sanctuary city ordinance, marking another legal setback in the ongoing debate over immigration...

Russian Air Strikes Injure Six Across Ukraine as Kyiv Issues Air Raid Alert

At least six people were injured in a new wave of Russian air strikes across Ukraine overnight, according to local officials, as authorities in Kyiv issued an air raid alert early Tuesday and urged residents to seek...

Alan Greenspan: 7 Fascinating Facts About the Former Fed Chairman

Former Federal Reserve Chairman Alan Greenspan, who died Monday at the age of 100, left behind a remarkable legacy that extended far beyond economics and monetary policy. Known as one of the most influential figures in...

UNAIDS Urges U.S. to Reconsider South Africa HIV Funding Withdrawal

The head of UNAIDS, Winnie Byanyima, has urged the United States to reconsider its decision to withdraw HIV/AIDS funding for South Africa, warning that the move could put millions of vulnerable people at risk and...

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

Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom

Baseten, a California-based artificial intelligence startup co-founded by Australian entrepreneurs, has raised $1.5 billion in a new funding round, pushing its valuation to $13 billion. The deal highlights the growing wave...

Meta Pauses Employee Activity Tracking Program Over Data Security Concerns

Meta has temporarily suspended an internal employee monitoring program used to train its artificial intelligence models after concerns emerged about potential data security and privacy risks. The program, known as the...

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates

Oracle reduced its global workforce by approximately 21,000 employees, or 13%, during fiscal 2026 as the company continued a major restructuring effort while expanding its artificial intelligence and cloud computing...

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....