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

Become a contributor

Bookmark Econotimes

Commentary

Thu, Jun 11, 2026 07:04 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

USD review: Western Union

Mar 19, 2015 16:09 pm UTC| Commentary

The dollar largely snapped back to bullish form on Thursday, helped in part by fresh jobs data that fared better than expected. Weekly jobless claims inched up to 291,000 from a revised 290,000 which was just below...

CAD review: Western Union

Mar 19, 2015 16:08 pm UTC| Commentary

The loonies Fed-fueled gains had all but evaporated on Thursday when it had swung from fresh six-year lows above C$1.28 to nearly multiweek peaks below C$1.25. The loonies better performance Wednesday marked its best day...

NOK review: Western Union

Mar 19, 2015 16:08 pm UTC| Commentary

Norways crown strengthened to one-week highs against the otherwise stronger greenback after the nations central bank surprised markets by not cutting interest rates from 1.25%. But any bounce for the crown shouldnt get it...

CHF review: Western Union

Mar 19, 2015 16:07 pm UTC| Commentary

Switzerlands currency shed a few francs in value after the nations central bank didnt announce a new round of fireworks. Back in January, the Swiss National Bank launched the franc sharply higher and into outer space after...

GBP review: Western Union

Mar 19, 2015 16:07 pm UTC| Commentary

Sterling ducked back below $1.50 after a stomach-churning, rollercoaster session Wednesday ended up being the pounds best one-day outing in 5 ½ years. The pound had benefited as the Fed news this week sparked an...

EUR review: Western Union

Mar 19, 2015 16:06 pm UTC| Commentary

The euro Wednesday had benefited from lopsided market positioning that was skewed long the dollar and short the euro. So as the greenback faltered in response to the Feds sketching of a more gradual path for interest rate...

Another sizeable gain in US payroll employment likely in March

Mar 19, 2015 15:44 pm UTC| Commentary

U.S. initial jobless claims rose by 1k in the March 14th week to 291k. Continuing claims fell to 2.42 mln in the March 7th week from 2.43 mln.US initial jobless claims remained slightly below 300,000 last week, confirming...

5831 5832 5833 5834 5835 5836 5837 5838 5839 5840

Economy

Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates

Chinas northeastern city of Changchun, widely recognized as the home of FAW Group, is moving to transform its traditional automotive industry as the countrys electric vehicle (EV) market continues to evolve. The city has...

Asian Stocks Slide as Tech Selloff Deepens and US-Iran Conflict Escalates

Asian stock markets declined on Thursday as a continued selloff in technology shares and escalating tensions between the United States and Iran weighed heavily on investor sentiment. Regional equities followed Wall Street...

Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico

President Donald Trump indicated that he may not support renewing the United States-Mexico-Canada Agreement (USMCA), raising fresh uncertainty about the future of North American trade. Speaking at the White House on...

US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment

The U.S. dollar posted modest gains on Wednesday as investors weighed mixed signals from inflation data alongside escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which measures the...

Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment

Gold prices fell sharply on Wednesday, declining more than 4% as investors reacted to a stronger U.S. dollar, heightened geopolitical tensions in the Middle East, and changing expectations for Federal Reserve interest...

Politics

Venezuela Deploys Troops to Crack Down on Illegal Gold Mining Amid Push for Foreign Investment

Venezuela has launched a military operation targeting illegal armed groups that control major gold mining areas in the countrys south, according to local residents and human rights organizations. The deployment is focused...

Peru Election Results Remain Uncertain as Tight Presidential Race Heads Toward Legal Review

Perus presidential election remains too close to call as vote counting entered its fourth day, with the outcome likely to be determined through a lengthy legal review of disputed ballots. Conservative candidate Keiko...

US Warns of More Strikes on Iran as Trump Pushes for Peace Deal

U.S. Defense Secretary Pete Hegseth has warned that American forces are prepared to carry out President Donald Trumps orders and launch additional strikes against Iran if necessary, signaling a potential escalation in...

US Launches New Strikes on Iran as Middle East Conflict Intensifies in 2026

The United States has launched a new wave of military strikes against Iran, marking a significant escalation in the ongoing Middle East conflict. According to U.S. Central Command (CENTCOM), the operation began at 5:15...

Florida Supreme Court Allows GOP Congressional Map to Stand Ahead of 2026 Midterm Elections

The Florida Supreme Court has ruled that a new Republican-backed congressional map will remain in place for the 2026 midterm elections, delivering a significant victory for the GOP as it seeks to maintain its narrow...

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

SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans

SK Hynix shares recovered from early losses on Thursday after reports revealed the companys ambitious plan to significantly expand its wafer production capacity over the next decade. The South Korean memory chip...

OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic

OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027

Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut

SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...