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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Oct 09, 2026 08:43 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency War Series

Riksbank in a tough spot with interest rates at extremely low levels

Jan 12, 2016 11:52 am UTC| Commentary Central Banks

As the Swedish economy is seen growing, the Riksbank has revised up GDP forecasts to around 3.5% for 2016. The refugee influx gives a fiscal boost to the economy in the coming years, as the number of people employed in...

Metal Supply & Demand Series

Gold ETFs holdings grew by 16 tonnes since start of 2016

Jan 12, 2016 11:23 am UTC| Commentary

According to the gold ETFs tracked by Bloomberg, inflows of 2.4 tonnes were registered yesterday, indicating that holdings have grown by 16 tonnes since the start of 2016. Gold is faring much better than all other...

Oil in Global Economy Series

WTI and Brent at twelve-year lows of slightly over $30 per barrel, expected to continue with downturn

Jan 12, 2016 11:22 am UTC| Commentary

Both Brent and WTI are at twelve-year low of slightly over $30 per barrel. Brent dropped 6% yesterday, while WTI declined 5%. Today the prices have registered a drop of over 2%. Oil prices are expected to continue with the...

Gold at daily low, uncertainty prevails

Jan 12, 2016 11:11 am UTC| Commentary

Gold slipped below the psychologically important $1,100 marker on Tuesday as global markets keep obsessing over a weakening Chinese economy, but strong hiring numbers in the US bolstered the dollar. Futures for gold...

Official accounts turn net sellers of treasuries across globe

Jan 12, 2016 10:59 am UTC| Commentary

Global foreign exchange reserve, after reaching as high as $12 trillion in August 2014, has been declining steadily and might drop as much as a trillion in 2016. Latest data shows, Chias foreign exchange reserve...

Spain likely to outperform other Eurozone economies

Jan 12, 2016 10:56 am UTC| Commentary Economy

In the Eurozone, Frances economic growth decreased due to the terror attacks at the end of 2015, but is likely to be temporary. Some sentiment indicators are expected to have a positive outcome on Italy; however, overall...

Currency War Series

Change to the Turkish Central Bank’s MPC composition seen in mid 2016

Jan 12, 2016 10:38 am UTC| Commentary Central Banks

The Central Bank of Turkeys willingness to tighten its monetary policies in line with rising market volatility is still questionable, as the CBRTs policy meeting could not raise the markets perception of the CBTs...

4251 4252 4253 4254 4255 4256 4257 4258 4259 4260

Economy

Asian Stocks Mixed as OpenAI Revenue Concerns Hit Chipmakers

Asian stock markets traded unevenly on Friday as semiconductor shares declined following fresh concerns about OpenAIs revenue outlook, while rising oil prices and volatile bond markets weighed on investor sentiment. The...

Gold Prices Rise as Dollar Weakens, Treasury Yields Fall

Gold prices climbed during Asian trading on Friday, supported by a weaker U.S. dollar and falling Treasury yields, as investors assessed inflation concerns driven by rising oil prices and expectations of further Federal...

Asian Currencies Steady as Dollar Eyes Fourth Weekly Gain

Asian currencies traded largely flat on Friday as the U.S. dollar headed for its fourth consecutive weekly gain, supported by expectations that the Federal Reserve could raise interest rates again before the end of 2026....

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Politics

Ripple Chairman Chris Larsen Donates $22.5 Million Ahead of US Midterms

Ripple Executive Chairman Chris Larsen has contributed at least $22.5 million to federal candidates and political action committees (PACs) during the current election cycle, strengthening his influence in US politics ahead...

Venezuela’s Machado Calls for Elections by July 2027

Venezuelan opposition leader Maria Corina Machado has called for presidential elections in Venezuela next year, saying the country has sufficient time to organize a vote by July 2027, according to a Financial Times report...

RFK Jr. Launches Nationwide Vaccine Safety Review

US Health Secretary Robert F. Kennedy Jr. has launched a department-wide initiative to investigate and document reported health problems following vaccination, the Department of Health and Human Services (HHS) announced...

Zelenskiy Slams US Over Deadly Russian Strikes on Ukraine

Ukrainian President Volodymyr Zelenskiy criticized the United States for its reluctance to provide additional military support after Russian airstrikes killed dozens of civilians across Ukraine, intensifying tensions over...

Flavio Bolsonaro Leads Lula 49%-45% in Brazil Runoff Poll

Brazilian Senator Flavio Bolsonaro holds a narrow lead over President Luiz Inacio Lula da Silva ahead of the October 25 presidential runoff election, according to a Datafolha poll released Thursday. However, the results...

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

Zcash Plans Quantum-Resistant Security Upgrade for January

Zcash (ZEC) developers are preparing to introduce quantum-resistant security features in January 2027, aiming to protect cryptocurrency wallets against potential threats from advanced quantum computing and artificial...

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...

OpenAI Revenue Hits $50 Billion, Below Earlier $70 Billion Estimate

OpenAI has informed investors that its annualized revenue reached nearly $50 billion in September, significantly below the $70 billion previously indicated, according to a Reuters report on Thursday. The revised figure...

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...