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

Become a contributor

Bookmark Econotimes

Insights & Views

Sat, Nov 16, 2024 07:49 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Germany rejects Greek proposal

Feb 20, 2015 07:12 am UTC| Insights & Views

Greek government sent the widely expected request for extension of the bailout programme for another six months to negotiate a deal. The letter was sent on the back drop of the Greek Proposal, which we covered in our...

Better data out of UK

Feb 19, 2015 16:25 pm UTC| Insights & Views

Today CBI industrial trend survey was published at 11 GMT. Market and the pound especially unmoved, though less volatility is not unusual given the datas low key status. Nevertheless as always, we felt the urged to...

Jobless claims- historic perspective

Feb 19, 2015 15:57 pm UTC| Insights & Views

Today the weekly jobless claims data was published at 1.30 pm GMT. Jobless claims fell to 2, 83,000 for the week compared to 3, 04,000 before and continuing claims increased slightly to 2.425 million,Compared to 2.367...

Australian carry disappears

Feb 19, 2015 15:04 pm UTC| Insights & Views

Australia is quite stable with low political risk associated but in recent times, the economy is facing headwinds from over dependency as a commodity exporter to china. Chinas economy is slowing down fast from over a...

Crude oil inventory data ahead

Feb 19, 2015 14:58 pm UTC| Insights & Views

The WTI crude oil data will be released in 30 minutes at 4 GMT, 30 minutes after the natural gas storage data. Our view remain bearish over crude oil, as we have reiterated earlier, this view is extend to the natural...

Brent- WTI widens as stockpile increase

Feb 19, 2015 14:51 pm UTC| Insights & Views

Brent crude oil also known as UK oil fell to near parity on mid-January 2015 with its American counterpart West Texas Intermediate (WTI), since then the spread has increased giving it the upper hand over WTI. Our take on...

Growth in US slowed most among G7 counterparts

Feb 19, 2015 14:33 pm UTC| Insights & Views

Despite the growth optimism and positive outlook for the US economy, it is important to look at the GDP growth data in a different angle. Kindly note that India is not a G7 country, included to compare the growth of...

2961 2962 2963 2964 2965 2966 2967 2968 2969 2970

Economy

U.S. Dollar Rallies to Monthly High Amid Fed’s Rate Cut Hesitation and Uncertain Cabinet Picks

The U.S. dollar surged to its strongest weekly performance in over a month as traders reassessed interest rate expectations and braced for the potential inflationary impact of President-elect Donald Trumps proposed...

Wall Street Chaos: Fed Signals Slower Rate Cuts as Trump’s Cabinet Picks Fuel Market Panic

Global stocks experienced their sharpest weekly drop in two months, with Wall Street leading the decline, as Federal Reserve Chair Jerome Powell signaled a cautious approach to future interest-rate cuts. Coupled with...

Ireland’s Surplus Soars as Apple Back-Tax Windfall Fuels Fiscal Transformation: ‘Unprecedented Revenue Boom'

Irelands fiscal landscape received a significant boost on Friday as SP Global Ratings upgraded the countrys outlook from stable to positive, citing exceptional corporate tax revenue growth. This fiscal turnaround has been...

Wall Street Plummets as Powell Cautions on Rate Cuts and Trump Cabinet Picks Shake Confidence

Wall Street saw a dramatic downturn on Friday, with major indexes recording their steepest losses in two weeks. Investor sentiment soured following Federal Reserve Chair Jerome Powells cautious remarks on future rate cuts...

New Zealand Strikes Landmark ‘Sustainable’ Trade Deal with Switzerland, Costa Rica, and Iceland

New Zealand has solidified its position as a global advocate for sustainability by signing a groundbreaking trade agreement with Switzerland, Costa Rica, and Iceland. The Agreement on Climate Change, Trade and...

Politics

Donald Trump’s Potential iPhone Tariff Bombshell: Jefferies Warns of a ‘$256 Price Hike Nightmare’

Apple Inc. could be staring down a significant financial hit if former President Donald Trump reintroduces tariffs during a potential second term, according to a detailed analysis by Jefferies on Friday. The investment...

Is Elon Musk 'Officially' Buying McDonald's Following Donald Trump Win?

In the age of viral misinformation, a recent online rumor claiming Elon Musk is officially buying McDonalds sent social media into a frenzy. The claims, propagated through YouTube videos, TikTok posts, and Facebook shares,...

Trump Media Shake-Up: Key Shareholder Dumps Nearly Entire Stake Amid Controversial Legal Battle—'What’s Next for Truth Social?'

Trump Media Technology Group, the parent company of Truth Social, is facing fresh controversy as ARC Global Investments, a major shareholder, has sold nearly its entire stake in the company. The move, disclosed in a...

‘Taylor Swift and Lady Gaga Say No!’ Stars Refuse Trump’s Inauguration Stage, Shocking Fans and Critics Alike

Music superstars Taylor Swift and Lady Gaga have reportedly turned down requests to perform at President Donald Trumps upcoming inauguration. The high-profile refusals by two of the worlds biggest pop icons have added fuel...

‘Big Pharma Panic!’ Stocks Plummet After Trump Appoints RFK Jr. as Secretary of Health and Human Services

Pharmaceutical stocks took a steep plunge in the wake of President Donald Trumps appointment of Robert F. Kennedy Jr. as Secretary of Health and Human Services, a controversial move that has sent shockwaves through the...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

Dogecoin Whales Scoop 140M DOGE in 24 Hours as Market Eyes $3 Rally Amid Elon Musk Buzz

Dogecoin whales have amassed 140 million DOGE worth $56 million in the past day, reflecting growing market confidence. This surge follows bullish sentiment and Elon Musks recent federal efficiency appointment, sparking...

Shiba Inu’s Shocking 4 Trillion Transfer Triggers Golden Cross and 6% Price Rebound

The Shiba Inu ecosystem buzzed with excitement after a colossal 4 trillion SHIB transaction worth $99 million hit the blockchain. This dramatic move aligned with a rare Golden Cross formation, sending the token on a 6%...

Bitcoin Tumbles as Fed Chair Powell Signals No Hurry to Lower Rates, December Cut Uncertain

Bitcoin dropped nearly 3% on Nov. 14 as Federal Reserve Chair Jerome Powell dismissed the need to lower interest rates quickly. The cautious stance has led traders to reconsider the likelihood of a December cut, with...

Upbit Under Fire: South Korea Investigates 600K KYC Violations Amid License Renewal Battle

South Koreas Financial Intelligence Unit is investigating cryptocurrency exchange Upbit for over 600,000 alleged KYC violations, raising concerns about its license renewal and potential fines totaling millions. The probe...

BTC Creator Satoshi Nakamoto Now Among World’s Richest—$90 Billion in Untouched Bitcoin Sparks Controversy

In an unexpected twist of financial history, the elusive Bitcoin creator, known only as Satoshi Nakamoto, has reportedly joined the ranks of the worlds wealthiest individuals. With Bitcoin prices soaring to unprecedented...