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

Become a contributor

Bookmark Econotimes

Tue, Oct 22, 2024 04:13 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Renaud Foucart

Senior Lecturer, Lancaster University Management School, Lancaster University
I am an applied microeconomic theorist. This means I try to understand real world puzzles by modelling strategic interactions. This has led me to work on topics as different as smoking bans, Islamic finance, environmental agreements, urban planning, the comeback of vinyl, online search aggregators and the impact of auditing courts on the selection of politicians. I hold a PhD from Université libre de Bruxelles. Since then I have worked in Oxford, Berlin, Nottingham and now Lancaster University.

Europe’s tech industry is lagging behind the US

Mar 06, 2024 23:03 pm UTC| Insights & Views Technology Economy

Europe invests a lot in research, and publishes and patents many ideas. But it fails to compete with the US and China when it comes to translating its innovation effort into large, global technology firms. The seven...

Facebook's new ad-free tier could end annoying consent pop-ups, but it could also put a price on your privacy

Nov 15, 2023 01:44 am UTC| Technology

We have reached a key juncture in the debate about online privacy, following Metas recent decision to offer some users paid-for ad-free access to Facebook and Instagram. The time has come to decide how much we value...

US regulator is suing Amazon – here's what this could mean for your online shopping

Oct 07, 2023 14:20 pm UTC| Law Business

If youre one of the more than 200 million Prime members Amazon claims to have worldwide, youll be well aware of the benefits. Among other things, it gives you access to a video and audio streaming service and free, fast...

Apple has switched from its Lightning connector to USB-C — we explain which is better and why they did it

Sep 18, 2023 05:53 am UTC| Technology

After many years of designing and selling a variety of different cables to power and charge its devices, Apple has slowly switched to USB-C chargers for all of its products. The last device to swap is the iPhone, and it...

Energy crisis: why French households are largely protected from soaring costs while British families struggle

Aug 15, 2022 17:39 pm UTC| Insights & Views Economy

British households are bracing for a winter of massive energy price increases. The average annual bill is forecast to rise above 4,000, which is more than three times what Britons were paying just 12 months ago. French...

Google loses appeal against €2.4 billion fine: tech giants might now have to re-think their entire business models

Nov 13, 2021 07:45 am UTC| Technology

Google is being fined 2.4 billion (2.1 billion) for hindering competition in the EU after a 2017 decision has been upheld on appeal by the general court of the European Union. This is a saga dating back over 15 years, in...

1 2

Economy

S&P 500 Positioning Hits Three-Year High: Market Trends and Risks

SP 500 Positioning at Three-Year High: Market Risks and Global Trends Positioning in the SP 500 has reached a three-year high, according to Citi strategists. This extended positioning contrasts with other global...

U.S. Stock Futures Fall as Corporate Earnings and Fed Rate Cuts Dominate Market Focus

U.S. Stock Futures Decline Ahead of Corporate Earnings Stock futures in the U.S. edged lower on Tuesday as investors prepared for a wave of quarterly earnings reports. As of 03:30 ET (07:30 GMT), Dow futures dropped 82...

Randstad Reports Stronger-Than-Expected Quarterly Profits Amid Economic Challenges

Randstads Quarterly Performance Exceeds Expectations Randstad, the worlds largest employment agency, announced its quarterly profits on Tuesday, reporting figures slightly above analysts expectations. Despite a...

Boeing's Shares Rise Amid Strike Resolution Hopes

Boeings Share Price Surge Boeing shares rose 3% on Monday, fueled by optimism surrounding a potential resolution to an ongoing strike affecting 33,000 workers. The vote on a new labor contract is scheduled for...

Gold Prices Near Record High Amid Political Uncertainties

Gold Prices Surge Amid U.S. Election Uncertainty Gold prices increased on Tuesday, hovering near a record high reached the previous day due to ongoing uncertainties surrounding the U.S. election and escalating tensions...

Politics

‘Because I Am Up For Election’ – Jon Tester Refuses to Endorse Kamala Harris, Ditches His Longtime Ally!

Montana Senator Jon Tester, a longtime supporter of Vice President Kamala Harris, shocked many by refusing to endorse her 2024 presidential run. On Monday, October 21, Tester told local Montana media that he would not back...

Laid-Off Auto Worker Blasts Kamala Harris' EV Mandate: ‘I'm Voting Trump for the First Time!’ in Michigan Shock

An auto worker in Macomb County, Michigan, recently laid off by Stellantis, is speaking out, directly blaming Vice President Kamala Harris electric vehicle (EV) mandate for his job loss. The worker, who is one of 1,100...

Nate Silver Warns ‘It Feels Like 2016 Again!’ as Donald Trump Steals the Spotlight with Media Stunts in Final Stretch

With just weeks remaining before the 2024 presidential election, prominent statistician and political analyst Nate Silver has sparked a wave of discussion with his latest remarks, comparing the current campaign environment...

Tim Walz Defends Ties with ‘War Hawk’ Liz Cheney: ‘She Won’t Lead Us to World War III!’

Minnesota Governor Tim Walz is facing intense scrutiny over his defense of Liz Cheney, the former U.S. representative from Wyoming and a leading contender for a top position in Vice President Kamala Harriss potential...

Donald Trump Surges Ahead in Arizona Polls by 3 Points! ‘We’re Taking the State Back,’ He Declares at Rally

A new poll conducted by InsiderPolling shows Donald Trump leading Vice President Kamala Harris by 3 percentage points in Arizona. The survey, carried out on October 20-21 among 800 likely voters, has Trump at 50%, with...

Science

Elon Musk Surprised by SpaceX’s Successful First Attempt at Catching Starship Booster

SpaceX achieved a significant milestone by successfully catching the Super Heavy booster during Starship Flight 5, a feat that even surprised Elon Musk. Musk had initially predicted that it would take at least three...

Starlink Services Target South Korea by 2025, Pending Regulatory Approval

SpaceXs Starlink services may reach South Korea by early 2025, contingent on regulatory approval. The Ministry of Science and ICT has initiated key amendments to prevent frequent interference, signaling progress toward...

Nicotine Pouches Skyrocket in Popularity as Youth Tobacco Use Hits 25-Year Low — ‘This Is the New Trend,’ Experts Warn

Nicotine pouches have surged in popularity across the U.S., while traditional tobacco use has hit its lowest point in 25 years. Public health experts are now grappling with the implications of this emerging trend, as a...

SpaceX Sues California Coastal Commission, Alleging Political Bias Over Falcon 9 Launch Denials

SpaceX has filed a lawsuit against the California Coastal Commission, accusing the agency of political bias in blocking several Falcon 9 launches from Vandenberg Space Force Base. The lawsuit, filed on October 15, comes...

SpaceX Shares Breathtaking Images of Starship Flight 5 Featuring Reentry and Stage Separation

SpaceX has unveiled stunning new images from its Starship Flight 5 test, capturing key moments like booster recovery, stage separation, and plasma engulfing the upper stage during reentry. These high-definition images,...

Technology

Nvidia Targets Thailand: December Reveal of Game-Changing Investment Plans

Thailands Commerce Minister announced that Nvidia will disclose its investment strategy during CEO Jensen Huangs December trip to Bangkok. The anticipated move is expected to amplify Southeast Asias allure for global tech...

Apple Vision Pro Not Meant for the Masses, Tim Cook Admits Price Is Too High for Most Buyers

Tim Cook acknowledged that the Apple Vision Pro is not targeted at the masses due to its high price point. Despite poor sales, Apple is working on a cheaper model to be released in 2025, aiming to recapture market...

Solana Shakes Off Pump.fun’s $6.6M Dump, $47M SOL Still at Stake for Whales

Solanas price stayed strong, rising 9.3% for the week, despite Pump.fun selling $6.6 million worth of SOL. With $47 million still held, whales are on high alert for the next market twist. Solana Defies Pump.funs $6.6M...

Shiba Inu’s Shibarium Shocks With 3,370% Transaction Surge—What’s Fueling This Massive Spike?

Shiba Inus Shibarium saw an astonishing 3,370% jump in transactions within days, skyrocketing from 3,690 to over 324,000. The surge hints at growing community adoption, though the exact trigger remains...

BONK Meme Coin Sees 30% Volume Surge After Upbit Listing, Eyes Golden Cross Rally

Upbit has officially listed Solanas meme coin, BONK, for spot trading with the USDT pair, causing a 30% spike in trading volume and a 7% price increase within an hour of the announcement. Investors anticipate further price...