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

Become a contributor

Bookmark Econotimes

Economy

Thu, Dec 25, 2025 06:21 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Coinbase vows to reimburse 6,000 customers who lost funds to hackers

Oct 02, 2021 23:13 pm UTC| Digital Currency Economy

Coinbase vowed to reimburse at least 6,000 of its users who lost funds due to a hacking campaign to gain unauthorized access to the accounts and a flaw in its SMS account recovery process. The Nasdaq-listed...

Customers urge Starbucks Korea to change special merchandise policy

Oct 01, 2021 23:47 pm UTC| Life Economy

Customers are urging Starbucks Korea to limit purchases to one drink per person during special merchandise giveaways to prevent resellers of their limited-edition goods from keeping others waiting in the line. Starbucks...

Honda aims to develop technology allowing humans to live on Mars

Oct 01, 2021 23:46 pm UTC| Science Life Economy

Honda Motor Co. will branch into the space sector to develop a rocket that can launch a satellite, put avatar robots on the moon, and develop technology to allow humans to live on Mars. The company targets to launch the...

S. Korea's financing institutes downplaying LNG's impact on climate change: SFOC

Oct 01, 2021 23:43 pm UTC| Nature Economy

South Korean public financing institutions have downplayed the impact of liquefied natural gas (LNG) on climate change, according to climate activist group Solutions for Our Climate (SFOC), who claimed otherwise. The...

Royalties for Folgers Coffee's iconic jingle auctioned off for $90,500

Oct 01, 2021 23:37 pm UTC| Economy Business

The future royalties on the now-iconic Real Snowy Morning jingle used in Folgers Coffees TV and radio commercials for over 30 years were auctioned off for $90,500. The auction by Royalty Exchange started with an opening...

Thailand sets sights on ‘Cryptourism,’ issuing utility token in boosting tourist traffic

Oct 01, 2021 23:30 pm UTC| Life Economy Digital Currency

The Tourism Authority of Thailand (TAT) is considering issuing its utility token dubbed TAT Coin that would create a cryptourism atmosphere and attract potential travelers and visitors to increase income in the...

S. Korea’s NFTBank to launch upgraded platform for selling NFT funds

Oct 01, 2021 14:35 pm UTC| Digital Currency Economy

South Koreas NFTBank will unveil an upgraded version of its current platform that combines blue-chip NFTs and sells them in the form of funds. The said platform, dubbed NFTBank 2.0, will also service complex NFT sales...

1651 1652 1653 1654 1655 1656 1657 1658 1659 1660

Economy

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

Politics

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

U.S. Shifts Strategy Toward Economic Pressure With Venezuelan Oil Quarantine

The White House has directed U.S. military forces to focus almost exclusively on enforcing a quarantine of Venezuelan oil for at least the next two months, signaling that Washington is prioritizing economic pressure over...

Democratic Governors Urge Trump Administration to Lift Halt on East Coast Offshore Wind Projects

Four Democratic governors have formally urged the Trump administration to reverse its recent suspension of five offshore wind projects along the U.S. East Coast, arguing that the move is politically motivated and...

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...