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

Become a contributor

Bookmark Econotimes

Economy

Mon, Jun 29, 2026 02:28 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Bank of England Likely to Hold Interest Rates Amid Inflation and Global Uncertainty

Mar 20, 2025 05:09 am UTC| Economy Central Banks

The Bank of England (BoE) is expected to keep its benchmark interest rate at 4.5% on Thursday as it assesses economic risks from U.S. trade tariffs and the UKs upcoming tax hike for employers. Despite inflation remaining...

Trump’s China Ship Fees Disrupt U.S. Exports, Triggering Economic Concerns

Mar 20, 2025 05:08 am UTC| Economy Politics

President Donald Trumps proposed port fees on China-made ships and vessels linked to Chinese fleets are causing major disruptions in U.S. exports, particularly in agriculture, energy, and coal industries. The plan, which...

Stock Market Surges as Fed Holds Rates, Tesla and Boeing Lead Gains

Mar 20, 2025 05:08 am UTC| Economy

The SP 500 surged 1.1% on Wednesday after the Federal Reserve left interest rates unchanged and maintained its forecast for two rate cuts in 2024, despite acknowledging persistent inflation. The Dow Jones rose 383 points...

Fed Holds Rates Steady Amid Economic Uncertainty and Tariff Concerns

Mar 20, 2025 04:02 am UTC| Economy Politics

Federal Reserve Chair Jerome Powell signaled that U.S. economic growth could slow while inflation rises, citing the impact of President Donald Trumps import tariffs. Following the Feds decision to keep its benchmark rate...

Asian Stocks Mixed as China’s Rally Stalls, Japan Gains on BOJ Outlook

Mar 19, 2025 08:50 am UTC| Economy

Asian stocks traded in a tight range Wednesday as Chinas markets pulled back after a stimulus-driven rally, while Japans Nikkei 225 and TOPIX advanced 0.7% and 0.8%, respectively, ahead of the Bank of Japans (BOJ) rate...

BOJ to Hold Rates Steady Amid Trump’s Tariff Uncertainty

Mar 19, 2025 08:48 am UTC| Economy Central Banks

The Bank of Japan (BOJ) is set to keep interest rates unchanged on Wednesday, closely monitoring the impact of U.S. tariff policies on Japans export-driven economy. Rising global uncertainty from President Donald Trumps...

Ireland's Economy Faces Slowdown Amid Rising Global Risks and U.S. Policy Uncertainty

Mar 19, 2025 08:48 am UTC| Economy

Irelands economic growth is expected to slow in 2024 as global risks mount, posing a significant challenge to its multinational-driven economy, the countrys central bank warned. The bank revised its forecast for modified...

611 612 613 614 615 616 617 618 619 620

Economy

Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments

Oil prices moved higher on Monday as renewed military exchanges between the United States and Iran heightened concerns over global energy supplies and disrupted shipping through the strategically important Strait of...

World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures

The World Bank has approved $1.1 billion in emergency financing for Bangladesh to help the country cope with the economic impact of rising food, fuel, and fertilizer prices driven by the ongoing conflict in the Middle...

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

U.S. President Donald Trump announced on Friday that the United States will impose a 100% tariff on imports from any country that enforces digital services taxes (DSTs) on American technology companies, significantly...

US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated

The U.S. dollar edged lower on Friday, extending its decline for a second consecutive session after a six-day winning streak pushed the greenback to its strongest level since May 2025. Despite the modest pullback, the...

Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen

Gold prices rebounded more than 1% on Friday but still finished the week in negative territory, as renewed expectations of Federal Reserve interest rate hikes and a stronger U.S. dollar continued to pressure the precious...

Politics

Serbia Protests Continue as Thousands Rally Despite Vucic’s Resignation Plan

Thousands of demonstrators gathered in the central Serbian city of Kraljevo on Sunday, maintaining pressure on President Aleksandar Vucic just one day after he announced plans to resign within weeks and trigger early...

Iran Skips U.S. Technical Talks Over Unmet MoU Conditions and Frozen Funds Dispute

Iran did not participate in the technical talks scheduled for Sunday, citing recent military attacks on the country and unresolved conditions outlined in its memorandum of understanding (MoU) with the United States. The...

Trump Announces September Overhaul of Washington’s East Potomac Golf Links

U.S. President Donald Trump announced that a major renovation of Washingtons historic East Potomac Golf Links will begin on September 1, with plans to transform the century-old public golf course into what he described as...

Andy Burnham Sets Out Vision to Decentralize Britain as Labour Leadership Race Begins

Andy Burnham is set to outline his vision for the United Kingdom on Monday as the Labour politician positions himself to succeed Keir Starmer as the countrys next prime minister. Burnham is expected to focus on shifting...

US, Iran Agree to Halt Attacks Ahead of Doha Talks on Strait of Hormuz

The United States and Iran have reportedly agreed to halt military attacks as both sides prepare for high-level talks in Doha on Tuesday aimed at resolving tensions over the Strait of Hormuz, according to a senior U.S....

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

Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal

Australian AI infrastructure company Firmus Technologies has announced a strategic partnership with Nvidia that aims to expand affordable access to AI computing infrastructure for emerging artificial intelligence...

Australia Plans Higher Fines for Social Media Firms Failing to Block Underage Users

Australia is moving to strengthen its landmark online safety law by proposing significantly tougher penalties for social media companies that fail to prevent children under 16 from accessing their platforms. The planned...

Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike

Italys antitrust authority has launched an investigation into Microsoft over allegations of unfair commercial practices tied to the pricing changes for its Microsoft 365 subscription service. The probe focuses on whether...

US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown

U.S. authorities have seized nearly 400 internet domains that were allegedly used to illegally stream FIFA World Cup matches, marking one of the largest anti-piracy enforcement actions tied to the global soccer tournament....

SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service

SpaceX and Charter Communications are reportedly in executive-level discussions about forming a strategic partnership that could accelerate the expansion of consumer mobile services across the United States. According to a...