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Nearly 470,000 US bankruptcy cases were filed in the first nine months of 2026, up 11 percent on last year. Small business filings rose far faster, at 46 percent.
Fact.et Staff · Oct 26, 2026
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The widened Filwoha–Old Kera corridor now connects to Churchill Avenue, tying together commercial routes in the city centre. It arrives amid open questions about what the capital's road programme is costing.
Fact.et Staff · Oct 26, 2026
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Construction has begun on a new Sheraton-branded hotel inside the Sheraton Addis compound. The IFC has disclosed proposed financing of up to 80 million dollars for MIDROC Ethiopia against a total cost of up to 116 million.
Fact.et Staff · Oct 26, 2026
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A butchery in Addisu Gebiya charges 1,600 Br a kilo to eat in and 1,400 to take away. A consumer cooperative in Abay Minch is at 1,200 Br, up from 600 to 650 Br a year ago.
Fact.et Staff · Oct 26, 2026
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Micron and Nvidia alone are projected to supply 36 percent of S&P 500 third-quarter earnings growth. Strip out the top ten contributors and the remaining index earnings are estimated to fall 11 percent.
Fact.et Staff · Oct 23, 2026
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JPMorgan, Bank of America, Wells Fargo and Morgan Stanley are dealing with third-party AI agents reaching customer accounts without authorisation, and some acted beyond what customers instructed.
Fact.et Staff · Oct 23, 2026
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The US 10-year Treasury yield touched 4.996 percent as money rotated out of AI stocks into bonds. Brent crude sits above 111 dollars, its highest since May — a combination that is bad news for Ethiopia's import bill.
Fact.et Staff · Oct 23, 2026
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Net positioning is now at the 0th percentile on both one-year and five-year lookbacks while gross leverage stays at the 90th. Funds are not leaving the market — they are cutting longs and adding shorts.
Fact.et Staff · Oct 21, 2026
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Brent swung from 111.97 to 105.95 dollars in three hours on an unconfirmed report of a US-Iran compromise, then recovered above 108 when a person in the talks said it was wrong. WTI made the same trip.
Fact.et Staff · Oct 21, 2026
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A former senior official at the Ministry of Labour & Skills has been charged over competency certificates prosecutors say generated more than 1.13 billion birr. A court has given police 11 more days on a related file.
Fact.et Staff · Oct 21, 2026
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Turkey's market fell 23 percent after MSCI's first warning in June and Indonesia's fell 18 percent in three days. On 15 October MSCI froze changes to Turkish indexes, with a downgrade possible by June 2027.
Fact.et Staff · Oct 20, 2026
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Volvo will build hands-free driving on Nvidia's Hyperion sensors, Alpamayo software and Halos safety layer, with no lidar at launch and first cars due before 2030. It is a decision to buy the hardest part of the car rather than build it.
Fact.et Staff · Oct 16, 2026
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ETF assets are up more than 250 percent since the October 2022 low, but assets in ETFs using derivatives are up more than 450 percent. Over 30 percent of this year's 3,363 new launches use leverage — a warning for Ethiopia as it writes its own fund rulebook.
Fact.et Staff · Oct 16, 2026
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Ethiopian Airlines has signed a codeshare agreement with China Southern, extending passenger connections beyond the two carriers' existing routes and linking more destinations across Africa and Asia.
Fact.et Staff · Oct 16, 2026
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The city has set a target of 141,347 permanent jobs over the next 90 days, more than double what it reported creating last quarter, backed by over 1 billion birr in enterprise financing. It missed the previous quarter's goal.
Fact.et Staff · Oct 16, 2026
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The city revenue bureau is seizing newly imported vehicles from importers operating in Addis Abeba on business licences issued by regional authorities. The target is unlicensed showrooms and roadside car sales that pay no municipal tax.
Fact.et Staff · Oct 16, 2026
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a16z's State of Markets II report finds technology drove about 76 percent of S&P 500 profit growth in 2026, while only about 2 percent of US households paid for an AI service. The adoption numbers do not match the capital numbers.
Fact.et Staff · Oct 6, 2026
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The Super Intelligence Force, announced Sunday under intelligence chief Jay Clayton, has 120 days to recommend AI oversight using authorities that already exist. It creates no new statute.
Fact.et Staff · Oct 6, 2026
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The ADAPT Act, introduced by Senate Republicans and drafted to take effect in 2027, would exempt stablecoin payments from tax while the coin trades within 3 percent of a dollar, and close the crypto wash-sale loophole.
Fact.et Staff · Oct 2, 2026
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Market-implied odds of a US rate rise dropped from 70 percent to 23 percent in four days after officials signalled a pause. For Ethiopian borrowers and importers, the dollar's price is set in that room.
Fact.et Staff · Oct 2, 2026
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Nvidia paid the last 10 billion dollars of a 30 billion dollar commitment as OpenAI's round closed at an 852 billion dollar valuation. The company is reported to be lining up another 30 billion dollars at roughly 1.4 trillion.
Fact.et Staff · Oct 2, 2026
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A reported collaboration would produce a model that drives electronic design automation tools directly, rather than advising the engineer who drives them. Neither company has published terms.
Fact.et Staff · Oct 1, 2026
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An S-1 reported by Reuters shows revenue rising twelvefold in 2025, two customers at 12 percent of revenue each, and a 42bn dollar GAAP loss against roughly 8bn dollars of cash burn.
Fact.et Staff · Oct 1, 2026
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The EIA puts Brent at an average of $73.74 in 2027, assuming Gulf production and trade normalise by the second quarter. The futures curve disagrees by between $9.67 and about $17, and Ethiopia's fuel import bill is priced off the curve, not the forecast.
Fact.et Staff · Oct 1, 2026
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