Market Rotation, Moderna's Stock Drop, and Mixed Retail Results
Monday's market saw a rotation from tech stocks into other sectors, leading to a Dow Jones gain of 0.86%; Moderna's stock plummeted 17% after a $1 billion sales guidance cut; mixed retail performances, and the Justice Department released special counsel Jack Smith's report on President-elect Donald ...
Market Rotation, Moderna's Stock Drop, and Mixed Retail Results
Monday's market saw a rotation from tech stocks into other sectors, leading to a Dow Jones gain of 0.86%; Moderna's stock plummeted 17% after a $1 billion sales guidance cut; mixed retail performances, and the Justice Department released special counsel Jack Smith's report on President-elect Donald ...
Progress
40% Bias Score
FDA Proposes New Front-of-Package Nutrition Labels for Healthier Choices
The FDA proposed a new rule requiring front-of-package labels on packaged food and drinks to display saturated fat, sodium, and added sugar levels by 2028, aiming to improve consumer health choices by increasing transparency and addressing misleading health claims, with manufacturers having three ye...
FDA Proposes New Front-of-Package Nutrition Labels for Healthier Choices
The FDA proposed a new rule requiring front-of-package labels on packaged food and drinks to display saturated fat, sodium, and added sugar levels by 2028, aiming to improve consumer health choices by increasing transparency and addressing misleading health claims, with manufacturers having three ye...
Progress
40% Bias Score
CFPB Removes $49 Billion in Medical Debt from Credit Reports
The CFPB removed $49 billion in medical debt from the credit reports of 15 million Americans, improving credit scores and access to credit, because medical debt is often inaccurate and doesn't predict loan repayment.
CFPB Removes $49 Billion in Medical Debt from Credit Reports
The CFPB removed $49 billion in medical debt from the credit reports of 15 million Americans, improving credit scores and access to credit, because medical debt is often inaccurate and doesn't predict loan repayment.
Progress
36% Bias Score
Wells Fargo Upgrades Three Midcap Banks, Forecasts Significant Share Price Gains
Wells Fargo analyst Timur Braziler upgraded Webster Financial, Banc of California, and Columbia Banking System to "overweight", predicting significant share price increases by 2025 based on expected earnings-per-share growth driven by factors such as improved profitability and loan growth, as well a...
Wells Fargo Upgrades Three Midcap Banks, Forecasts Significant Share Price Gains
Wells Fargo analyst Timur Braziler upgraded Webster Financial, Banc of California, and Columbia Banking System to "overweight", predicting significant share price increases by 2025 based on expected earnings-per-share growth driven by factors such as improved profitability and loan growth, as well a...
Progress
44% Bias Score
U.K. Charts Independent Course on AI Regulation
The U.K. is pursuing a unique, flexible approach to AI regulation, prioritizing collaboration with industry over immediate legislation, unlike the EU's comprehensive AI Act or the U.S.'s fragmented approach, creating uncertainty among businesses while aiming for a sector-specific regulatory model.
U.K. Charts Independent Course on AI Regulation
The U.K. is pursuing a unique, flexible approach to AI regulation, prioritizing collaboration with industry over immediate legislation, unlike the EU's comprehensive AI Act or the U.S.'s fragmented approach, creating uncertainty among businesses while aiming for a sector-specific regulatory model.
Progress
52% Bias Score
Southwest Airlines Pauses Hiring, Cuts Costs to Boost Profits
Southwest Airlines is pausing corporate hiring and promotions, suspending most summer internships, and canceling employee team-building events to cut costs and improve margins, following pressure from activist investor Elliott Investment Management.
Southwest Airlines Pauses Hiring, Cuts Costs to Boost Profits
Southwest Airlines is pausing corporate hiring and promotions, suspending most summer internships, and canceling employee team-building events to cut costs and improve margins, following pressure from activist investor Elliott Investment Management.
Progress
36% Bias Score
Los Angeles Wildfires Exacerbate Housing Crisis, Sparking Price Gouging
The recent Los Angeles wildfires have created a housing crisis, with landlords exploiting the situation by significantly increasing rental prices, often exceeding the legally permitted 10% during a state of emergency, impacting various socioeconomic groups and potentially worsening the existing home...
Los Angeles Wildfires Exacerbate Housing Crisis, Sparking Price Gouging
The recent Los Angeles wildfires have created a housing crisis, with landlords exploiting the situation by significantly increasing rental prices, often exceeding the legally permitted 10% during a state of emergency, impacting various socioeconomic groups and potentially worsening the existing home...
Progress
52% Bias Score
Hegseth's Contentious Defense Secretary Confirmation Hearing
Pete Hegseth's Senate confirmation hearing for Secretary of Defense on Tuesday involved accusations of sexual impropriety, alcohol abuse, and mismanagement of veterans' nonprofits; Democrats expressed strong concerns, while Republicans suggested his unconventional background could be beneficial; the...
Hegseth's Contentious Defense Secretary Confirmation Hearing
Pete Hegseth's Senate confirmation hearing for Secretary of Defense on Tuesday involved accusations of sexual impropriety, alcohol abuse, and mismanagement of veterans' nonprofits; Democrats expressed strong concerns, while Republicans suggested his unconventional background could be beneficial; the...
Progress
56% Bias Score
US Stock Market Correction Predicted Amidst Index Declines
US stock markets experienced a recent decline, with major indexes significantly below record highs; strategists predict a 5-10% correction, impacting investor sentiment and strategies; upcoming earnings and inflation will be key determinants of the market's future.
US Stock Market Correction Predicted Amidst Index Declines
US stock markets experienced a recent decline, with major indexes significantly below record highs; strategists predict a 5-10% correction, impacting investor sentiment and strategies; upcoming earnings and inflation will be key determinants of the market's future.
Progress
48% Bias Score
Crypto ETF Growth: Bitcoin's Success Unlikely to Repeat
Bitcoin ETFs' success in 2024, attracting $36 billion, spurred institutional adoption and doubled the cryptocurrency market value; however, future crypto ETFs targeting Solana, XRP, and others are projected by JPMorgan to attract significantly less investment due to smaller market capitalization and...
Crypto ETF Growth: Bitcoin's Success Unlikely to Repeat
Bitcoin ETFs' success in 2024, attracting $36 billion, spurred institutional adoption and doubled the cryptocurrency market value; however, future crypto ETFs targeting Solana, XRP, and others are projected by JPMorgan to attract significantly less investment due to smaller market capitalization and...
Progress
40% Bias Score
Nasdaq Dip: Tax Strategies or Market Shift?
The Nasdaq Composite fell nearly 4% last week as the 10-year Treasury yield hit its highest level since 2023; however, some wealth managers believe this is a short-term correction due to tax-loss harvesting rather than the start of a downturn.
Nasdaq Dip: Tax Strategies or Market Shift?
The Nasdaq Composite fell nearly 4% last week as the 10-year Treasury yield hit its highest level since 2023; however, some wealth managers believe this is a short-term correction due to tax-loss harvesting rather than the start of a downturn.
Progress
32% Bias Score
Meta Relaxes Content Moderation to Appease Trump
Meta is dramatically changing its content moderation policies, ending third-party fact-checking and loosening restrictions on sensitive topics to appease President-elect Donald Trump, despite internal criticism and concerns about increased online abuse.
Meta Relaxes Content Moderation to Appease Trump
Meta is dramatically changing its content moderation policies, ending third-party fact-checking and loosening restrictions on sensitive topics to appease President-elect Donald Trump, despite internal criticism and concerns about increased online abuse.
Progress
64% Bias Score