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

Become a contributor

Bookmark Econotimes

Commentary

Wed, Oct 14, 2026 08:28 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Moody's: Negative North American manufacturing outlook reflects weak demand

Oct 29, 2015 22:42 pm UTC| Commentary

Moodys Investors Service has changed its outlook for the North American manufacturing sector to negative from stable on weakening demand in key end markets, where prospects are already weak for some segments and moderate...

US average hourly earnings expected to rebound sharply; private workweek to expand

Oct 29, 2015 22:30 pm UTC| Commentary

The calendar effects associated with the comparatively late termination of this months canvassing period - it ended on October 17 - suggest that average hourly earnings probably climbed by 0.4% to $25.18, erasing a...

Euro area economy continues to show resilience, but the lending channel is not working

Oct 29, 2015 22:05 pm UTC| Commentary Economy

The flow of data over the past two weeks has proven better than expected. The euro area continues to show resilience, helped by robust consumption (due to stronger real disposable income and improving labour markets) and a...

US jobless measures expected to dip to levels last seen in early 2008

Oct 29, 2015 21:29 pm UTC| Commentary

The BLS canvass of households likely will echo the upbeat tone of the nonfarm job survey. Assuming that the recent relationship between the establishment and household employment measures held reasonably steady during the...

US GDP rose 1.5% in Q3, a touch below the consensus expectations

Oct 29, 2015 21:23 pm UTC| Commentary

United States GDP rose 1.5% (annualised) in Q3, slightly less than the consensus expectation (1.6%), and much lower than Q2s 3.9%. There were not many surprises in the data: personal consumption added 2.2ppts, inventories...

Mexico monetary policy on hold, inflation should be close to 3% in 2016

Oct 29, 2015 21:03 pm UTC| Commentary Economy Central Banks

Banxico decided to maintain the reference rate at 3.00% as expected. The press release highlights that the balance of risks to growth has worsen since the previous meeting while the inflation outlook remains the same,...

Russia’s central bank to cut the key rate by 50bp

Oct 29, 2015 20:49 pm UTC| Commentary Central Banks

Russias central bank (the CBR) will announce its monetary policy decision this friday at 11.30 CET. The key rate is expected to be lowered by 50bp to 10.50%, while consensus is split between a 50bp cut and no change. It is...

4601 4602 4603 4604 4605 4606 4607 4608 4609 4610

Economy

China Bank Lending Rebounds in September, Beats Forecasts

Chinas new bank lending surged in September, exceeding market expectations as Beijing intensified monetary stimulus measures to support its slowing economy. However, weak annual credit growth continued to highlight subdued...

Asian Stocks Fall as Oil Prices Rise Ahead of US CPI Data

Asian stock markets traded mostly lower on Wednesday as a brief recovery in artificial intelligence (AI) shares faded, while rising oil prices and uncertainty ahead of key U.S. inflation data weighed on investor sentiment....

S&P 500 Futures Rise Ahead of US Inflation Data and Bank Earnings

U.S. stock futures edged higher on Wednesday as investors awaited crucial inflation data and quarterly earnings from major Wall Street banks, with concerns over artificial intelligence financing continuing to influence...

Gaza Olive Harvest Collapses as War Destroys Farmland

Gazas olive harvest has plunged dramatically as widespread destruction of agricultural land leaves farmers struggling to recover their livelihoods, even a year after a ceasefire ended major fighting. In central Gaza,...

Italy’s Meloni Warns US-Russia Diesel Deal Could Weaken Ukraine Sanctions

Italian Prime Minister Giorgia Meloni has criticized the recent US-Russia diesel supply agreement, warning that the arrangement could undermine Western sanctions against Moscow and weaken diplomatic efforts to end the war...

Politics

IMF Warns US Debt Crisis Needs Fiscal Action, Urges China to Boost Consumption

The International Monetary Fund (IMF) has warned that the United States cannot rely solely on economic growth to reduce its mounting national debt, urging Washington to introduce fiscal adjustments. Meanwhile, China must...

SpaceX Starlink Restrictions Disrupt Ukraine Military Operations

SpaceX reportedly imposed new restrictions on Starlink satellite terminals used by Ukraines military on Tuesday, disrupting critical battlefield operations as tensions between Kyiv and Washington intensified amid continued...

Trump Announces Massive Oil and Mineral Exploration Plans in Greenland

U.S. President Donald Trump announced Tuesday evening that large-scale oil, natural gas, and mineral exploration activities are expected to begin in Greenland, highlighting the Arctic territorys vast resource potential and...

China Resumes US Soybean Purchases After Trump-Xi Summit

China has resumed purchases of US soybeans, with state-owned trading companies securing between eight and 10 Panamax cargoes this week, marking the first major deals since Presidents Donald Trump and Xi Jinping met in...

China Warns Taiwan Over South China Sea Coast Guard Incident

China has warned Taiwan of potential consequences after its Coast Guard used a water cannon against a Chinese fishing boat near the disputed Pratas Islands in the South China Sea, escalating tensions as Beijing increases...

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

AI Crypto Payments Surge to 138 Million Transactions on Base

Artificial intelligence (AI) agents are increasingly using cryptocurrency to purchase digital services, with more than 138 million transactions recorded through the x402 payment protocol on Coinbases Base blockchain,...

Alibaba Unveils Qwen AI Smart Glasses, Shares Rise 2%

Alibaba Groups U.S.-listed shares climbed nearly 2% in pre-market trading on Wednesday after the Chinese technology giant introduced its latest Qwen AI smart glasses, strengthening its push into artificial...

ASML Raises 2026 Sales Forecast as AI Chip Demand Surges

ASML, the Dutch semiconductor equipment giant, has raised its full-year 2026 revenue forecast after posting record third-quarter sales, fueled by accelerating artificial intelligence (AI) investments and growing demand for...

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...