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

Become a contributor

Bookmark Econotimes

Commentary

Sat, Oct 03, 2026 05:34 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Oil in Global Economy Series: Six countries threaten OPEC, N-OPEC deals

Jan 11, 2017 09:42 am UTC| Commentary

After reaching $58.3 per barrel in early January, the Price of North Sea benchmark Brent has declined by five dollars per barrel fearing that an increased price would increase the supply from N-OPEC countries which werent...

German bunds narrowly mixed ahead of 10-year auction, Trump’s press conference in focus

Jan 11, 2017 09:38 am UTC| Commentary

The German bunds traded narrowly mixed Wednesday ahead of the 10-year auction scheduled later in the day. Also, the United States President-elect Donald Trumps news conference later in the day will provide further clarity...

Central Bank of Brazil likely to cut key interest rate in January

Jan 11, 2017 09:22 am UTC| Commentary

The Central Bank of Brazil is expected to cut its interest rate during its meeting today, said Commerzbank in a research report. It was doubtful in the past few months whether the BCB would really be able to cut its...

Oil in Global Economy Series: OPEC deal vs. Iraq issue

Jan 11, 2017 08:48 am UTC| Commentary

Not everyone will comply with the deal! Soon both the financial market and the members of the OPEC might find out compliance issue with the deal agreed on last November and that is not by any member but the second...

Euroarea industrial production seems to have recovered in November

Jan 11, 2017 08:39 am UTC| Commentary

Euro area industrial output is expected to have rebounded in November, reflecting positive signs for the fourth quarter. The output is likely to have come in strong. According to a Societe Generale research report, the...

Indian bonds rise modestly ahead of December CPI data, Trump’s news conference

Jan 11, 2017 08:36 am UTC| Commentary

The Indian government bonds posted moderate gains Wednesday ahead of the December consumer inflation data, scheduled to be released Thursday. Also, United States President-elect Donald Trumps news conference later in the...

Oil in Global Economy Series: What NFP tells about US oil market?

Jan 11, 2017 07:36 am UTC| Commentary

Last Fridays non-farm payroll report, released by the US Bureau of Labor Statistics gave out a piece of crucial clue that an increase in the oil price from $27 per barrel in February last year to $51 per barrel as of today...

2611 2612 2613 2614 2615 2616 2617 2618 2619 2620

Economy

Scope Warns US Debt Could Hit 160% of GDP

Scope Ratings warned that the United States is becoming increasingly vulnerable to shifts in investor sentiment as persistent budget deficits drive government debt and interest costs higher. The European credit ratings...

Bank of America Sees EUR/USD at 1.15 by Year-End

Bank of America expects the euro to strengthen against the U.S. dollar over the coming year, forecasting EUR/USD will reach 1.15 by the end of this year before climbing to 1.20 by the end of 2027, according to a research...

G20 Divided Over US Push to Curb Industrial Overcapacity

A U.S.-led effort to tackle excess industrial capacity and non-market economic policies failed to secure unanimous support from Group of 20 trade ministers, highlighting persistent divisions among the worlds major...

Fed’s Hammack Says More Data Needed Before Next Rate Move

Federal Reserve Bank of Cleveland President Beth Hammack said policymakers have time to review additional economic data before determining their next move on U.S. interest rates, signaling that the latest weak jobs report...

AI Agents Could Disrupt Financial Services, Bernstein Says

Consumer AI agents could reshape financial services by reducing customer inertia and making it easier to switch between financial products, although trust, data access and regulatory hurdles may slow adoption, according to...

Politics

Flydubai FZ1073 Co-Pilot Accused of Terror Attack

The co-pilot of flydubai flight FZ1073 attempted to carry out a terrorist attack with a crash axe while the aircraft was flying to Israel, the United Arab Emirates prosecutor general said Saturday. The co-pilot was...

Merz to Meet ECB Frontrunners Knot and De Cos

German Chancellor Friedrich Merz is preparing to meet the two leading candidates to succeed European Central Bank President Christine Lagarde as negotiations over the ECBs future leadership gather pace, Bloomberg reported,...

Xi Rest Breaks Cut Trump Summit Schedule, WSJ Reports

Chinese President Xi Jinpings delegation requested extended rest periods during his recent Washington summit with U.S. President Donald Trump, reducing the time available for meetings between the two leaders, according to...

Iran Faces Rising Pressure as U.S. Builds Military Presence

Iran is coming under intensifying economic and military pressure as the United States strengthens its forces in the Middle East while regional oil exports recover toward pre-war levels, according to Bloomberg. The Trump...

Trump Heads to Ohio to Boost Husted in Tight Senate Race

U.S. President Donald Trump will campaign in Ohio on Saturday as Republicans fight to retain their narrow congressional majority, with the states closely contested U.S. Senate race emerging as a key midterm battleground....

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...