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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Apr 21, 2026 12:33 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

U.S. jobless claims rise last week due to federal shutdown, to have weighed on private sector job growth

Jan 31, 2019 18:04 pm UTC| Commentary

Jobless claims in the U.S. rose last week as federal shutdown lead to increased claims from government contractors. In the week ended 26 January, jobless claims rose 53k to 253k from a revised 200k a week earlier. The...

Canadian economic growth shrinks in November, further weakness in oil sector to weigh on overall growth

Jan 31, 2019 17:07 pm UTC| Commentary

Canadas economic activity shrank in November. On a sequential basis, the Canadian economy contracted 0.1 percent. Overall, 13 industries out of 20 grew on the month, but this growth was overwhelmed by falls in wholesale...

Canadian small business sentiment rises in January

Jan 31, 2019 16:11 pm UTC| Commentary

Canadas small business sentiment rose in January. The CFIB Business Barometer index rose 2.5 points to 56.1. This only partially reversed Decembers plunge and the index continues to be well below its long-term...

U.S. employment cost index rises in Q4 2018, wage inflation pace likely to pick up gradually

Jan 31, 2019 15:09 pm UTC| Commentary

The U.S. employment cost index rose on a quarterly basis in the fourth quarter. The index was up 0.7 percent, as compared with 0.8 percent in the prior quarter and slightly below consensus expectations of a rise of 0.8...

FxWirePro: U.S. Natural gas inventory preview

Jan 31, 2019 13:33 pm UTC| Commentary

Natural gas is currently trading at $2.88 per MMBtu. Key factors at play in the natural gas market The price of natural gas has significantly come down since December after a massive spike in November. Likely to...

Fundamental Evaluation Series: USD/CHF vs. 2-year yield divergence

Jan 31, 2019 13:08 pm UTC| Commentary

During our evaluation period beginning 2012, the yield spread between the US 2-year bond and a Swiss equivalent has widened by almost 200 basis points but the exchange rate hasnt followed through as much as it should have...

Euro area’s economic growth momentum eases in Q4 2018

Jan 31, 2019 13:03 pm UTC| Commentary

Euro areas advance estimate fourth quarter GDP growth affirmed the ease in momentum was more persistent than previously thought. Growth came in moderately positive at 0.2 percent quarterly, matching the third quarter...

581 582 583 584 585 586 587 588 589 590

Economy

Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe

Disruptions to global oil supplies linked to the Iran conflict are driving a sharp increase in jet fuel prices, adding significant costs to air travel across Europe. According to analysis from campaign group Transport ...

UK Wage Growth Slows to 3.6% as Inflation Pressures Complicate Bank of England Outlook

British wage growth showed signs of cooling, though not as sharply as analysts had anticipated, according to the latest data from the Office for National Statistics (ONS). Regular pay, which excludes bonuses, rose by 3.6%...

US-Iran Peace Talks Fuel Market Optimism Amid Ongoing Tensions

The United States has expressed renewed confidence that peace talks with Iran could resume soon in Pakistan, raising hopes of easing geopolitical tensions that have disrupted global energy markets. A senior Iranian...

Asian Currencies Stay Range-Bound as Dollar Holds Steady Ahead of Fed Nominee Hearing

Asian currencies traded within a narrow range on Tuesday as geopolitical uncertainty surrounding potential U.S.-Iran peace talks kept investors cautious. With a temporary ceasefire set to expire later this week, traders...

Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments...

Politics

Pakistan Halts $1.5 Billion Sudan Arms Deal After Saudi Arabia Withdraws Support

Pakistan has reportedly paused a $1.5 billion defense deal to supply weapons and fighter jets to Sudan after Saudi Arabia withdrew financial backing and urged Islamabad to abandon the agreement. According to Pakistani...

UN Secretary-General Race 2027: Key Candidates Competing to Replace Antonio Guterres

The race to select the next United Nations Secretary-General is gaining momentum as global leaders position themselves for the top diplomatic role. The 10th UN chief will assume office on January 1, 2027, for a five-year...

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...