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

Become a contributor

Bookmark Econotimes

Fintech

Thu, Jun 25, 2026 03:03 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Chime Forecasts Strong 2026 Revenue Growth, Shares Jump on Profit Outlook

Feb 26, 2026 00:29 am UTC| Business Fintech

Digital banking leader Chime projected full-year 2026 revenue above Wall Street expectations, signaling continued momentum in the fast-growing fintech sector. The financial technology company expects revenue between $2.63...

CFTC Asserts Authority Over Prediction Markets Amid Insider Trading Concerns

Feb 26, 2026 00:25 am UTC| Business Fintech Governance

The U.S. Commodity Futures Trading Commission (CFTC) has reaffirmed its authority to regulate and police illegal trading practices in prediction markets, signaling increased oversight of the fast-growing sector. In a...

South Korea to End Short-Selling Ban as Financial Market Uncertainty Persists

Feb 14, 2025 02:36 am UTC| Politics Fund Investing Fintech Law

South Korean acting President Choi Sang-mok announced on Friday that authorities would closely monitor financial markets amid rising uncertainty from U.S. trade policies and global geopolitical tensions. Choi emphasized...

Robinhood CEO Vlad Tenev: Blockchain Can Open Private Markets to Retail Investors

Jan 29, 2025 04:09 am UTC| Technology Business Fintech Digital Currency

Vlad Tenev, CEO and co-founder of Robinhood Markets Inc. (NASDAQ:HOOD), believes blockchain technology could revolutionize investing by granting retail investors access to private markets dominated by institutions and...

TSMC to Report 58% Surge in Q4 Profit Amid AI Demand Boom

Jan 14, 2025 02:16 am UTC| Business Fintech

Taiwan Semiconductor Manufacturing Co. (TSMC), the leading global producer of advanced chips powering artificial intelligence (AI) applications, is expected to announce a 58% jump in fourth-quarter profit. Analysts...

BlackRock Seeks FDIC Oversight Deadline Extension to March

Jan 10, 2025 08:47 am UTC| Economy Business Fintech

BlackRock, the worlds largest asset manager, is requesting an extension on the Federal Deposit Insurance Corporation (FDIC) oversight deadline to March. The move comes as the company navigates regulatory complexities tied...

Elon Musk’s X Money Launch Set to Revolutionize Digital Payments and Dominate 2025’s Fintech World

Jan 01, 2025 16:22 pm UTC| Technology Fintech Business

In a groundbreaking move that could redefine financial technology, Elon Musks X platform is gearing up to unveil its much-anticipated payment system, X Money, in 2025. This ambitious venture promises to challenge the...

1 2 3 4 5 6 7 8 9 10

Economy

Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion

Gold prices continued their downward trend during Asian trading on Thursday, falling to their lowest level in more than seven months as a stronger U.S. dollar and growing expectations of additional Federal Reserve interest...

South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost

South Koreas benchmark KOSPI index soared more than 5% at Thursdays market open, prompting the Korea Exchange (KRX) to temporarily halt program trading after a sharp rally fueled by leading semiconductor stocks. The...

BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks

Bank of Japan (BOJ) board member Naoki Tamura has called for the central bank to continue raising interest rates every few months, while remaining prepared to accelerate the pace of tightening if inflation risks continue...

Australian Household Spending Rebounds Strongly in May as Travel and Dining Drive Consumer Growth

Australias household spending recorded a solid recovery in May, fueled by a sharp rebound in travel activity after an unexpected decline in April caused by disruptions linked to global conflict. The latest figures indicate...

Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks

Asian equities climbed sharply on Thursday after upbeat earnings and optimistic forecasts from semiconductor leaders Micron Technology and Qualcomm renewed investor confidence in artificial intelligence (AI) stocks. The...

Politics

Young Brazilian Voters Shift Right Ahead of 2026 Election

As Brazil prepares for its October presidential election, a growing number of young voters are moving away from the left, signaling a major political shift that could influence the countrys future. Many who once supported...

Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million

Representative Nancy Pelosi has disclosed a new financial transaction report revealing that her spouse, Paul Pelosi, purchased substantial call options in Intel Corporation (NASDAQ: INTC) and Uber Technologies Inc. (NYSE:...

Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers

U.S. President Donald Trump has asked Congress to approve more than $11 billion in additional farm aid to help American farmers cope with soaring fuel and fertilizer expenses linked to the recent Iran conflict. According...

Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices

President Donald Trump announced that the U.S. Department of Justice (DOJ) is investigating ExxonMobil, Chevron, and other major oil companies over persistently high gasoline and natural gas prices. The move comes amid...

NATO Chief Tries to Ease Trump Alliance Dispute

NATO Secretary-General Mark Rutte sought to reduce tensions with U.S. President Donald Trump during a White House meeting on Wednesday, emphasizing that most NATO allies have continued to support the United States despite...

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

Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism

Samsung Electronics and SK Hynix posted strong gains on Thursday after Micron Technology delivered record quarterly earnings and issued a stronger-than-expected revenue forecast, reinforcing confidence in the growing...

Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast

Micron Technology (NASDAQ: MU) delivered a stronger-than-expected fiscal third-quarter performance and issued an optimistic outlook for the fourth quarter, sending its shares up nearly 9% in after-hours trading. The...

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....