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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Oct 02, 2026 11:24 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Chart of the Day Series

Chart of the Day: Peso power

Mar 03, 2017 17:17 pm UTC| Commentary

The Mexican peso is enjoying its best day in months as Donald Trumps secretary offers support to stabilize the exchange rate. He doesnt want a return of the tequilacrisis of 1994when capital flights caused adevaluation of...

Eurozone retail sales disappoints in January, declines for third consecutive month

Mar 03, 2017 16:32 pm UTC| Commentary

Retail sales across the eurozone fell for a third straight month in January missing market expectations of a rise. Data released by Eurostat on Friday showed retail sales in the 19 countries sharing the euro fell by 0.1...

UK services PMI below forecasts, signals slowdown in Q1 growth

Mar 03, 2017 15:28 pm UTC| Commentary

Februarys service sector PMI data from IHS Markit and the CIPS came in below analyst expectations in a sign the UK economy is slowing down at a faster-than-anticipated rate. UK service PMI for February printed at 53.3,...

U.S. initial jobless claims fall more-than-expected, drop to over 40-year low

Mar 03, 2017 15:13 pm UTC| Commentary

U.S. first-time claims for unemployment benefits fell to their lowest level in over forty years in the week ended February 25th, labor department report on Thursday showed. Initial jobless claims unexpectedly fell to...

Japan's core inflation rises for 1st time since December 2015

Mar 03, 2017 14:51 pm UTC| Commentary

Government data showed Friday that Japanese consumer prices halted a long string of declines and picked up in January for the first time in almost a year. Japans core consumer price index, which excludes the cost of fresh...

China service sector growth slows to 4-month low in February - Caixin

Mar 03, 2017 14:32 pm UTC| Commentary

Caixin China services purchasing managers index slipped to 52.6 in February from 53.1 in January, Caixin Media and research firm Markit said. Findings echoed a similar softening in growth in Chinas official services...

Mexican Peso finds relief from US treasury secretary

Mar 03, 2017 14:08 pm UTC| Commentary

This may seem a little surreal. US treasury secretary under the Trump administration, Wilber Ross is talking of steps to stabilize the US dollar/ Mexican peso exchange rate. Speaking on CNBC today, Mr. Ross suggested that...

2421 2422 2423 2424 2425 2426 2427 2428 2429 2430

Economy

Fed’s Logan Signals 50 Basis Points More in Rate Hikes

Dallas Federal Reserve President Lorie Logan said Thursday that U.S. interest rates may need to rise by at least another 50 basis points as inflation remains above the Federal Reserves 2% target, although surging Treasury...

Asian Stocks Fall as US Jobs Data and Oil Risks Rattle Markets

Asian stocks declined on Friday as investors braced for crucial U.S. jobs data while volatility in global bond and currency markets and rising Middle East tensions kept risk appetite subdued. MSCIs broadest index of...

Yen Strengthens on Tokyo Inflation as Dollar Awaits US Jobs Data

The Japanese yen strengthened on Friday after hotter-than-expected Tokyo inflation data increased expectations for further Bank of Japan interest rate hikes, while the U.S. dollar paused ahead of the closely watched...

Gold Prices Steady as Markets Await U.S. Jobs Data

Gold prices were largely unchanged on Friday as investors awaited key U.S. employment data for fresh signals on the Federal Reserves interest-rate outlook, while a strong dollar and elevated Treasury yields kept pressure...

Tokyo Inflation Jumps to 2.7%, Boosting BOJ Rate Hike Expectations

Tokyo consumer inflation accelerated sharply in September, with core prices rising more than economists expected and strengthening expectations that the Bank of Japan (BOJ) could continue raising interest rates as...

Politics

US Waives Egypt Military Aid Conditions Over Iran War Role

The United States has waived human rights conditions tied to $320 million in military aid for Egypt, citing Cairos security cooperation and its role following the start of the US-led war against Iran. Secretary of State...

Tsai Ing-wen to Visit US for Stanford Security Conference

Former Taiwan President Tsai Ing-wen will travel to the United States next week to speak at a Stanford University technology and national security conference, marking her first U.S. visit since leaving office in 2024. Tsai...

South Korea Warns Ukraine Over North Korean POW Dispute

South Korean President Lee Jae Myung warned Friday that Seoul could take additional measures against Ukraine unless Kyiv acknowledges an alleged confidentiality agreement involving two North Korean prisoners of war and...

Iran Plans Stronger Response if US Attacks Resume

Iran is preparing for a broader military response if the United States resumes large-scale attacks, even as Tehran keeps diplomatic channels open in an effort to prevent another major escalation. Senior Iranian commanders...

Brazil Presidential Debate Canceled as Lula, Bolsonaro Skip Event

Brazils final major presidential debate was canceled on Thursday after President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro, the two leading candidates in the polls, decided not to participate just days before...

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

SoftBank Shares Fall After $10 Billion OpenAI Investment

SoftBank Group shares dropped sharply on Friday after the Japanese technology conglomerate completed the final portion of its latest OpenAI investment, lifting its total investment in the artificial intelligence company to...

Amazon Eyes $8 Billion Nvidia Chip Spinoff to Fund AI Expansion

Amazon is exploring a plan to transfer roughly $8 billion worth of advanced Nvidia artificial intelligence chips to outside investors as the technology giant looks for new ways to finance its rapidly expanding AI...

California AG Subpoenas OpenAI Over AI Cybersecurity Incidents

California Attorney General Rob Bonta served OpenAI with an investigative subpoena Wednesday, escalating a state investigation into cybersecurity incidents involving the artificial intelligence company and its models. The...

WordPress Malware Uses Ethereum to Evade Removal

Security researchers have uncovered a persistent WordPress malware strain that uses Ethereum infrastructure for command-and-control communications, making infected websites unusually difficult to clean. According to...

DogeOS Launches Testnet to Bring DeFi Apps to Dogecoin

DogeOS has launched a public testnet designed to bring Ethereum-style decentralized finance applications to Dogecoin, potentially expanding DOGEs utility beyond payments and price speculation. The Ethereum-compatible...