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

Become a contributor

Bookmark Econotimes

Economy

Sat, Dec 20, 2025 03:08 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Global Geopolitical Series: U.S. slaps duties on cast iron soil pipes from China

Jun 27, 2018 10:31 am UTC| Commentary Economy

Yesterday, the U.S. Commerce Department announced that it has concluded its investigation into cast iron soil pipe imports from China and the department has found that exporters from China received countervailable...

UK 10-year gilt yield touches near 1-month low after BoE acknowledges Brexit risks as major tailwind to economic growth

Jun 27, 2018 09:53 am UTC| Commentary Economy

The UKs benchmark 10-year gilt yield touched nearly 1-month low during mid-European session Wednesday after the Bank of England (BoE) acknowledged that Brexit poses the major tailwind for the countrys economic growth, in...

New Zealand’s risks to domestic inflation skewed to downside, OCR to follow price direction: ANZ Research

Jun 27, 2018 07:14 am UTC| Commentary Economy

New Zealands risks to the domestic inflation profile are skewed to the downside, which could see the Reserve Bank of New Zealands (RBNZ) hiking cycle pushed even later. The central banks Overnight Cash Rate (OCR) is...

New Zealand’s risks to domestic inflation skewed to downside, OCR to follow price direction: ANZ Research

Jun 27, 2018 07:14 am UTC| Commentary Economy

New Zealand bonds gain at close despite better-than-expected trade surplus; eyes on RBNZ’s monetary policy meeting

Jun 27, 2018 06:39 am UTC| Commentary Economy

New Zealand bonds gained at the time of closing Wednesday as investors have largely shrug-off the better-than-expected trade surplus for the month of May and investors will now wait to watch the Reserve Bank of New...

JGBs remain flat in muted trading session; 20-year bond auction captures weak demand

Jun 27, 2018 05:04 am UTC| Commentary Economy

The Japanese 10-year government bonds remained flat Wednesday as investors trade sideways in a muted week that witnessed data of little economic significance. Also, the 20-year bond auction yesterday failed to attract much...

JGBs remain flat in muted trading session; 20-year bond auction captures weak demand

Jun 27, 2018 05:04 am UTC| Commentary Economy

2391 2392 2393 2394 2395 2396 2397 2398 2399 2400

Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

U.S. Pushes New Gaza Governance Plan With International Force to Secure Ceasefire

U.S. Secretary of State Marco Rubio said the United States is moving quickly to establish a new governance framework for Gaza, signaling a major shift in post-war planning for the Palestinian enclave. Speaking at a...

U.S. Intelligence Warns Putin Still Seeks Full Control of Ukraine Despite Peace Talks

U.S. intelligence reports continue to warn that Russian President Vladimir Putin remains intent on capturing all of Ukraine and potentially reclaiming territory beyond its borders, according to multiple sources familiar...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

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

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...