Menu

Search

Market Slump: Strong Jobs Report Shakes Rate Cut Hopes

Jan 14, 2025 03:43 am UTC| Investing Central Banks Insights & Views

Stocks tumbled Friday as a robust jobs report cast doubt on further Federal Reserve rate cuts. The Dow Jones Industrial Average plummeted 696.75 points (-1.63%) to 41,938.45, while the SP 500 and Nasdaq Composite fell...

Tesla’s Bullish Future: Morgan Stanley Raises Price Target to $430

Jan 14, 2025 03:22 am UTC| Business Investing

Morgan Stanley has increased Teslas price target to $430, citing advancements in autonomous vehicle (AV) technology and embodied AI. The firm also introduced a bull case valuation of $800 per share, driven by Teslas...

S&P 500 Rises Amid Cyclical Stock Gains, Inflation Data Looms

Jan 14, 2025 03:04 am UTC| Investing Business Market Moving News

The SP 500 closed slightly higher on Monday as gains in energy and materials offset a decline in tech stocks. Concerns about prolonged high interest rates ahead of key inflation data spurred the rotation. By the close, the...

Bitcoin Rebounds Below $90K Amid Dip Buying, Rate Concerns Persist

Jan 14, 2025 02:34 am UTC| Digital Currency Investing

Bitcoin recovered Monday as investors seized the opportunity to buy after prices briefly dropped below $90,000, despite fears of fewer Federal Reserve rate cuts in 2025. The cryptocurrency fell 0.2% to $94,192.5,...

Cleantech Investments to Surpass Oil and Gas in 2025: Key Trends

Jan 14, 2025 02:23 am UTC| Business Investing Economy

SP Global Commodity Insights projects cleantech energy investments will reach $670 billion in 2025, surpassing oil and gas spending for the first time. Solar PV alone will comprise half of these investments, representing...

China's Bold Moves to Stabilize the Yuan Amid Economic Uncertainty

Jan 14, 2025 02:19 am UTC| Economy Central Banks Investing

China has unveiled new measures to bolster its weakening yuan, signaling a firm commitment to currency stability. On Monday, the Peoples Bank of China (PBOC) announced plans to increase its foreign exchange reserves in...

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Jan 14, 2025 02:18 am UTC| Research & Analysis Investing Commentary

Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while...

  11 12 13 14 15 16 17 18 19 20   

Economy

Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions

Copper prices surged to record levels on Thursday, extending a powerful rally across global metals markets as investors increased exposure to physical assets amid escalating geopolitical risks and ongoing supply concerns....

Indonesian Stocks Plunge as MSCI Downgrade Risk Sparks Investor Exodus

Indonesian stocks suffered a dramatic selloff on Thursday, putting the market on course for its largest two-day decline on record as fears of a potential downgrade to frontier market status rattled investors. The benchmark...

Asian Currencies Trade Flat as Dollar Retreats After Fed Decision

Asian currencies traded in a mostly flat-to-lower range on Thursday, while the U.S. dollar weakened after the Federal Reserve left interest rates unchanged and struck an optimistic tone on the U.S. economy. Currency...

Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts

The Philippine economy posted weaker-than-expected growth in the final quarter of 2025, reinforcing concerns about slowing momentum and increasing speculation over further monetary policy easing by the central bank....

South Korea Industry Minister Heads to Washington Amid U.S. Tariff Hike Concerns

South Koreas Industry Minister Kim Jung-kwan is set to visit Washington on Thursday to hold high-level talks with U.S. officials following President Donald Trumps announcement of plans to raise tariffs on South Korean...

Politics

Trump and Schumer Explore Deal on New Limits for Federal Immigration Agents

U.S. President Donald Trump and Democratic Senator Chuck Schumer reportedly took steps Wednesday night toward a potential agreement to negotiate new restrictions on federal immigration agents, according to a report by the...

Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell

The Federal Reserve has not yet complied with grand jury subpoenas tied to an ongoing criminal investigation involving Federal Reserve Chair Jerome Powell, according to a report by CNBC citing a source familiar with the...

Trump Warns Minneapolis Mayor as Immigration Raids Continue Amid Rising Tensions

U.S. President Donald Trump on Wednesday warned Minneapolis Mayor Jacob Frey that he was playing with fire by insisting local police would not enforce federal immigration laws, even as the White House sent mixed messages...

Starmer’s China Visit Signals New Era in UK–China Economic Relations

British Prime Minister Keir Starmer is set to meet Chinese President Xi Jinping in Beijing on Thursday in a high-profile diplomatic engagement aimed at strengthening UKChina economic relations after years of strained ties....

Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic

Federal Reserve Chair Jerome Powell revealed on Wednesday that he personally attended last weeks Supreme Court arguments related to President Donald Trumps attempt to remove Federal Reserve Governor Lisa Cook, underscoring...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push

NVIDIA (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Amazon.com (NASDAQ: AMZN) are reportedly in discussions to invest as much as $60 billion combined into artificial intelligence powerhouse OpenAI, signaling a major...

Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex

Meta Platforms Inc (NASDAQ: META) shares jumped sharply in after-hours trading after the company delivered better-than-expected Q4 2025 earnings and issued a strong revenue forecast for the first quarter of 2026, easing...

Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars

Samsung Electronics Co Ltd (KS:005930) delivered record-breaking revenue and profit in the fourth quarter of 2025, driven largely by booming demand from the artificial intelligence industry for advanced memory chips. The...

Microsoft AI Spending Surge Sparks Investor Jitters Despite Solid Azure Growth

Microsoft rattled investors after reporting record artificial intelligence spending alongside slower-than-expected cloud growth, raising concerns about when its massive AI investments will meaningfully pay off. Following...

Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand

Advantest Corp. (TYO:6857) shares surged to a record high on Thursday after the Japanese semiconductor testing equipment maker posted strong fiscal third-quarter earnings and raised its full-year guidance, driven by robust...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.