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

Become a contributor

Bookmark Econotimes

Economy

Sat, Jan 17, 2026 02:23 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Oil Prices Surge Amid Heightened Middle East Conflict

Sep 30, 2024 09:12 am UTC| Economy

Brent crude futures for November delivery climbed $1.12, or 1.56%, to $93.10 per barrel by 0611 GMT. The contract expires Monday, with December futures advancing $1.04, or 1.45%, to $92.58. U.S. West Texas Intermediate...

Chinese Stocks Rally as Beijing Rolls Out Major Stimulus Measures

Sep 30, 2024 09:04 am UTC| Economy

Chinese stocks extended a powerful rally on Monday, with mainland markets poised for their best month in nearly a decade. Beijings stimulus efforts to halt an economic slowdown have fueled investor optimism, driving shares...

Moody's Downgrades Israel's Credit Rating Amid Regional Conflict

Sep 30, 2024 07:21 am UTC| Economy

Moodys Investors Service (NYSE: MCO) downgraded Israels credit rating by two notches on Friday, from A1 to Baa1, amid escalating geopolitical tensions with the Lebanese armed group Hezbollah. The credit rating agency also...

Tariffs Could Reignite Inflation, UBS Warns

Sep 30, 2024 07:10 am UTC| Economy

Economists have recently expressed cautious optimism over the containment of inflation. However, the potential reimposition of tariffs could undermine this progress, sparking a resurgence in inflationary pressures. ...

Trump Targets Immigrants, Attacks Harris During Wisconsin Rally

Sep 30, 2024 07:00 am UTC| Economy

Donald Trump on Saturday delivered a speech focusing on undocumented immigrants who have crossed the U.S. border illegally, with particular emphasis on violent crimes against young women. The Republican presidential...

China Central Bank Directs Mortgage Rate Cuts to Revitalize Property Market

Sep 30, 2024 06:25 am UTC| Economy

Chinas central bank announced on Sunday that it will instruct commercial banks to reduce mortgage rates for existing home loans before October 31. This is part of a broader effort to support the countrys struggling...

Textile Retailers Face Challenges in Second Half, But Consumer Optimism Grows: Morgan Stanley

Sep 30, 2024 05:52 am UTC| Economy

Morgan Stanley analysts indicate that consumer optimism seems to be on the rise as the US presidential election approaches. The AlphaWise US Consumer Pulse Survey revealed Americans have a significantly more constructive...

591 592 593 594 595 596 597 598 599 600

Economy

U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales

The United States is accelerating efforts to grant Chevron an expanded license for oil production in Venezuela, a move that could significantly reshape the countrys energy sector and global oil markets. U.S. Energy...

U.S. Stocks Finish Nearly Flat as Earnings Season Begins and Investors Eye Volatility

U.S. stocks ended nearly flat on Friday after a choppy trading session, as investors remained cautious ahead of a long holiday weekend and the early stages of fourth-quarter earnings season. Despite modest daily moves, all...

Australia Treasurer Backs RBA Governor’s Support for Fed Chair Jerome Powell Amid Independence Concerns

Australias Treasurer Jim Chalmers has publicly backed Reserve Bank of Australia (RBA) Governor Michele Bullock after she joined a group of global central bank leaders in expressing solidarity with U.S. Federal Reserve...

Asian Currencies Trade Narrowly as US Dollar Holds Near Six-Week High on Strong Data

Most Asian currencies traded within tight ranges on Friday, while the U.S. dollar remained firm near a six-week high, supported by strong U.S. economic data and fading expectations for imminent Federal Reserve rate cuts....

Canada–China Strategic Partnership Signals Reset With Historic Economic Potential

Canada and China are moving toward a renewed strategic partnership that could deliver historic economic gains by building on the complementary strengths of both nations, Canadian Prime Minister Mark Carney said during...

Politics

Trump Announces “Board of Peace” to Oversee Transitional Governance of Gaza

The White House on Friday officially announced the members of the so-called Board of Peace, a new international body proposed under President Donald Trumps plan to supervise the temporary governance of Gaza. The...

Ukraine Seeks U.S. Security Guarantees and Post-War Recovery Deal Ahead of Davos Talks

A Ukrainian delegation is traveling to the United States for high-level talks on security guarantees and a large-scale post-war recovery package, President Volodymyr Zelenskiy announced, expressing optimism that key...

FAA Issues 60-Day Flight Warnings Over Central and South America Amid Rising Military Tensions

The U.S. Federal Aviation Administration (FAA) has issued a series of aviation safety warnings urging airlines to exercise heightened caution when flying over Central America, parts of South America, and nearby oceanic...

Trump Signals Preference for Hassett to Stay at White House, Shifting Fed Chair Odds and Markets

President Donald Trump indicated on Friday that he would prefer National Economic Council Director Kevin Hassett to remain in his current White House role rather than move to the Federal Reserve, a statement that quickly...

U.S. and Mexico Reaffirm Security Partnership Amid Calls for Stronger Border Action

Mexican Foreign Minister Juan Ramón de la Fuente and U.S. Secretary of State Marco Rubio held a high-level call on Thursday focused on security cooperation and the future of the U.S.-Mexico partnership, according to...

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

Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling

Alphabets Google has asked a federal judge to delay enforcing a key part of a landmark antitrust ruling that would require the company to share valuable search data with rivals, according to court filings submitted on...

Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion

Artificial intelligence startup Anthropic has appointed former Microsoft executive Irina Ghose as its Managing Director of India, signaling a major push into one of the worlds fastest-growing AI markets. The appointment...

TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) shares surged to a record high in Taipei trading on Friday, underscoring strong investor confidence driven by robust fourth-quarter earnings and sustained demand from the...

Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft

A federal judge in Oakland, California, has rejected renewed attempts by OpenAI and Microsoft to dismiss a high-profile lawsuit filed by Elon Musk, allowing the case to proceed to a jury trial starting April 27. The ruling...

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...