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

Become a contributor

Bookmark Econotimes

Economy

Fri, Dec 19, 2025 12:45 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Asia Stocks Tumble Amid Iran-Israel Tensions; Oil Prices Surge

Oct 02, 2024 05:28 am UTC| Economy

Asias stock markets dropped sharply Wednesday, following Wall Streets sell-off, as Irans ballistic missile strike on Israel stoked fears of a broader regional conflict. Crude oil prices surged amid concerns of supply...

Barclays Warns of Potential Big Tech Earnings Slowdown Amid High Capex

Oct 02, 2024 05:17 am UTC| Economy

The increasing capital expenditures (capex) among Big Tech firms could indicate a potential slowdown in earnings growth, Barclays strategists warned in a Tuesday note. The sector is experiencing its highest capex-to-sales...

Trump, Harris Locked in Tight Race in North Carolina, Poll Shows

Oct 02, 2024 05:12 am UTC| Economy

Former President Donald Trump and Vice President Kamala Harris are neck-and-neck in North Carolina, with a mere two-point gap between them, according to a new poll from The Washington Post. The survey indicates that...

Israel Vows Retaliation After Iranian Missile Strike

Oct 02, 2024 05:03 am UTC| Economy

Israeli Prime Minister Benjamin Netanyahu vowed on Tuesday that Iran would pay for its missile attacks against Israel, prompting warnings from Tehran of vast destruction if retaliated against. This escalation has...

Netanyahu Threatens Iran With Retaliation Over Missile Strike; Tehran Warns of Escalation

Oct 02, 2024 04:15 am UTC| Economy

Israeli Prime Minister Benjamin Netanyahu vowed Tuesday that Iran would face consequences for what Israel described as a missile attack, while Tehran warned any retaliation would lead to vast destruction, escalating fears...

Global Equities Decline Amid Middle East Tensions; Oil Prices Rally

Oct 02, 2024 04:01 am UTC| Economy

MSCIs global equities index dropped Tuesday as geopolitical tensions led investors to flee riskier assets. Oil futures surged amid fears of supply disruptions after Irans missile launch, which followed Israels actions...

Chinese Equities Surge on Stimulus Measures, Posting Strongest Weekly Gains Since 2008

Oct 02, 2024 03:45 am UTC| Economy

Last weeks surge in Chinese equities marked the strongest weekly performance since 2008 for the Shanghai Shenzhen CSI 300 index, following stimulus measures introduced by the countrys central bank and regulators. The...

551 552 553 554 555 556 557 558 559 560

Economy

Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review

Canadian Prime Minister Mark Carney has indicated that Canada is unlikely to secure a near-term agreement with the United States to ease tariffs on key sectors such as steel and aluminum. Instead, negotiations are now...

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

Politics

Trump Signals Progress in Ukraine Peace Talks Ahead of U.S.–Russia Meeting

U.S. President Donald Trump said on Thursday that negotiations aimed at ending the conflict in Ukraine may be nearing a breakthrough, raising expectations ahead of planned talks between U.S. and Russian officials scheduled...

Argentina Unions Rally Against Milei’s Labor Reform as Congress Debates Key Bill

Argentinas main labor federation led a massive nationwide protest on Thursday against a controversial labor reform bill proposed by President Javier Milei, intensifying tensions as lawmakers begin debating the legislation...

Kennedy Center Reportedly Renamed Trump-Kennedy Center After Board Vote

The John F. Kennedy Center for the Performing Arts, one of Washington, D.C.s most iconic cultural institutions, is set to be renamed the Trump-Kennedy Center following what was described as a unanimous vote by its board of...

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...