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

Become a contributor

Bookmark Econotimes

Commentary

Wed, Oct 07, 2026 12:31 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Canada housing starts witness slowdown in June, signals a weak real-estate market

Aug 10, 2016 07:16 am UTC| Commentary

Canadian housing starts remained weak during the month of June, a signal indeed, that the countrys real estate sector is facing the shocks of a slowdown, after years of booming construction and surging sales that had...

New home loan lending in Australia rises in June

Aug 10, 2016 07:15 am UTC| Commentary Economy

The value of housing finance commitments in Australia were up in June again, with investors leading the way. The number of new loans to owner occupiers was up 1.2 percent in June after a revised 0.8 percent drop in May. On...

US Home Purchase Sentiment Index rises in July to fresh series high

Aug 10, 2016 06:50 am UTC| Commentary Economy

US Fannie Maes Home Purchase Sentiment Index (HPSI) rose in July. The rise was widespread as all six index components increased in July. The Home Purchase Sentiment Index rose by 3.3 points in July to a fresh series high...

Chinese sovereign bonds rally on lower inflation; 10-year yield crashes to lowest since 2009

Aug 10, 2016 06:49 am UTC| Commentary

The Chinese sovereign bonds rallied Wednesday after data showed that the countrys both consumer and producer price inflation remained weak in July as the worlds second largest economy continues to battle weak demand,...

Worrisome Signs Series: Total business sales in the U.S. remain in recession

Aug 10, 2016 06:15 am UTC| Commentary Central Banks Economy

U.S. economy may be continuing its growth and remains still a bit far away from recession, but sections of the economy remainwell into contraction. Many of the indicators like real gross domestic Private investments are...

New Zealand house sales fall in July, but prices continue to rise

Aug 10, 2016 06:14 am UTC| Commentary Economy

House prices in New Zealand continued to rise in July. However, national sales volumes dropped sharply in the month. The national sales volumes, on seasonally adjusted terms, fell 11 percent month-on-month to its lowest...

Productivity growth in US falls for third consecutive quarter in Q2

Aug 10, 2016 06:10 am UTC| Commentary Economy

Productivity growth in the US surprisingly dropped for the third straight quarter in the second quarter of 2016. Non-farm business output per hour dropped 0.5 percent quarter-on-quarter saar, according to a US Labor...

3331 3332 3333 3334 3335 3336 3337 3338 3339 3340

Economy

Japan Real Wages Rise 1.5%, Supporting BOJ Rate Hikes

Japans inflation-adjusted wages increased for an eighth consecutive month in August, signaling continued improvement in household purchasing power and strengthening expectations that the Bank of Japan could pursue further...

Iran Tanker Attacks Surge as Hormuz Oil Flows Near Prewar Levels

Iran has intensified attacks on tankers in the Strait of Hormuz even as oil shipments through the crucial waterway recover toward levels seen before the war, raising fresh concerns over Middle East energy security. UK...

Oil Prices Rise as Hormuz Attacks Fuel Supply Fears

Oil prices reversed earlier losses on Tuesday as escalating security risks in the Strait of Hormuz and Yemen outweighed improving Middle East crude exports and plans by Group of Seven nations to release emergency reserves....

S&P 500 Hits Record High as AI Rally Lifts Wall Street

Wall Street advanced on Tuesday, pushing the SP 500 and Nasdaq Composite to record closing highs as enthusiasm over artificial intelligence, easing Treasury yields and relatively subdued oil prices supported investor...

Gold Prices Rise as Dollar Weakens, Treasury Yields Ease

Gold prices edged higher on Tuesday as a weaker U.S. dollar and easing Treasury yields provided support, although rising oil prices limited bullions advance. Spot gold climbed 0.6% to settle at $4,163.97 per ounce, while...

Politics

Rapidus Seeks Chip Customers as Japan Pushes 2nm Semiconductor Revival

Japans Rapidus is expanding partnerships with global chip design companies as the state-backed semiconductor manufacturer races to secure customers for its planned 2-nanometre production facility. Backed by roughly $15...

Vance Demands Iran Cut Nuclear Enrichment to End War

US Vice President JD Vance said Iran must significantly reduce its nuclear enrichment capacity before Washington will agree to end the seven-month US-Iran war, stressing that concrete action rather than diplomatic...

North Korea Slams US Taiwan Arms Sales, Reaffirms Russia Support

North Korea has criticized the United States for supplying weapons and military support to Taiwan, accusing Washington of increasing tensions across the Taiwan Strait as Pyongyang also reaffirmed its backing for Russia. In...

Zelenskiy Warns Russia Is Preparing Massive Attack on Ukraine

Ukrainian President Volodymyr Zelenskiy warned on Tuesday that Russia is preparing a potentially massive attack on Ukraine, citing the latest intelligence gathered by Ukrainian authorities. In his nightly video address,...

Lula Weighs Alckmin as Finance Minister to Boost Fiscal Credibility

Brazilian President Luiz Inacio Lula da Silva is considering appointing Vice President Geraldo Alckmin as finance minister if he wins re-election, a move aimed at strengthening his fiscal credentials ahead of Brazils...

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

SpaceX Seeks $40 Billion for Nvidia AI Chips

SpaceX is seeking to raise about $40 billion to finance a major purchase of Nvidia artificial intelligence chips, with Apollo Global Management expected to lead the fundraising effort, the Financial Times reported Tuesday....

JPMorgan CEO Jamie Dimon Warns Mythos AI Raises Cyber Risk Tenfold

JPMorgan Chase CEO Jamie Dimon has warned that advanced artificial intelligence systems are dramatically increasing cybersecurity risks for global banks, calling cyberattacks the financial giants biggest threat. Speaking...

Anthropic Expands Claude Access for Cyber Defense Teams

Anthropic has expanded access to its most advanced artificial intelligence models for verified cybersecurity professionals and select government partners, aiming to strengthen defenses against threats targeting critical...

Marvell Stock Surges on $90 Billion AI Revenue Outlook

Marvell Technology shares surged on Tuesday after the semiconductor company unveiled ambitious long-term financial targets driven by rapidly expanding demand for artificial intelligence and data center infrastructure....

Zcash Prepares for NU7 Upgrade as Zebra Gets Key Security Fixes

The Zcash network is moving closer to its NU7 upgrade following a series of Zebra releases focused on security, performance and network stability. According to an engineering update from the official Zcash Foundation X...