Fed's Slower Rate Cut Pace Creates Attractive Yields for Savers
The Federal Reserve's December meeting minutes indicate a slower approach to interest rate cuts in 2025, resulting in attractive yields on bank CDs (4.1%-4.25%) and high-yield savings accounts (4.5%-4.75%) for savers, despite some banks preemptively lowering rates.
Fed's Slower Rate Cut Pace Creates Attractive Yields for Savers
The Federal Reserve's December meeting minutes indicate a slower approach to interest rate cuts in 2025, resulting in attractive yields on bank CDs (4.1%-4.25%) and high-yield savings accounts (4.5%-4.75%) for savers, despite some banks preemptively lowering rates.
Progress
36% Bias Score
Nvidia Expands Beyond Data Centers, Unveils New AI Initiatives at CES
At CES, Nvidia CEO Jensen Huang announced the company's expansion beyond data centers into warehouse and city applications, showcasing new gaming GPUs with AI-enhanced graphics at lower prices and a platform for training AI in autonomous vehicles and robots; this follows Nvidia's data center market ...
Nvidia Expands Beyond Data Centers, Unveils New AI Initiatives at CES
At CES, Nvidia CEO Jensen Huang announced the company's expansion beyond data centers into warehouse and city applications, showcasing new gaming GPUs with AI-enhanced graphics at lower prices and a platform for training AI in autonomous vehicles and robots; this follows Nvidia's data center market ...
Progress
52% Bias Score
Trump Seeks Supreme Court Intervention to Halt Hush-Money Case Sentencing
President-elect Donald Trump's lawyers asked the Supreme Court to halt his New York hush-money case sentencing scheduled for Friday, arguing presidential immunity; the court requested a response from New York prosecutors by Thursday.
Trump Seeks Supreme Court Intervention to Halt Hush-Money Case Sentencing
President-elect Donald Trump's lawyers asked the Supreme Court to halt his New York hush-money case sentencing scheduled for Friday, arguing presidential immunity; the court requested a response from New York prosecutors by Thursday.
Progress
44% Bias Score
India Investment Boom Expected Amidst US-China Trade Tensions
GIB Asset Management's Kunal Desai recommends India as an attractive investment destination due to its geopolitical advantages amidst potential US-China trade conflicts, highlighting the cables sector and the "Make in India" initiative while also suggesting that a Chinese consumer rebound could bene...
India Investment Boom Expected Amidst US-China Trade Tensions
GIB Asset Management's Kunal Desai recommends India as an attractive investment destination due to its geopolitical advantages amidst potential US-China trade conflicts, highlighting the cables sector and the "Make in India" initiative while also suggesting that a Chinese consumer rebound could bene...
Progress
48% Bias Score
Inflation Fears Trigger U.S. Market Sell-Off
U.S. stocks tumbled on December 2024 after the ISM services index's price index surged to 64.4%, exceeding 60% for the first time since January 2024, prompting concerns about inflation and triggering a rise in Treasury yields and a market sell-off.
Inflation Fears Trigger U.S. Market Sell-Off
U.S. stocks tumbled on December 2024 after the ISM services index's price index surged to 64.4%, exceeding 60% for the first time since January 2024, prompting concerns about inflation and triggering a rise in Treasury yields and a market sell-off.
Progress
60% Bias Score
Alaska Sues Biden Administration Over Arctic Drilling Restrictions
Alaska is suing the Biden administration for restricting oil and gas development in the Arctic National Wildlife Refuge, claiming the restrictions violate Congressional directives and will result in a significant loss of projected revenue, estimated to be a fraction of the $1.1 billion anticipated.
Alaska Sues Biden Administration Over Arctic Drilling Restrictions
Alaska is suing the Biden administration for restricting oil and gas development in the Arctic National Wildlife Refuge, claiming the restrictions violate Congressional directives and will result in a significant loss of projected revenue, estimated to be a fraction of the $1.1 billion anticipated.
Progress
48% Bias Score
OpenAI CEO Sam Altman Sued for Alleged Childhood Sexual Abuse
Sam Altman, OpenAI CEO, is being sued by his sister, Ann Altman, for alleged sexual abuse from 1997-2006 in their Missouri home, beginning when Ann was three; Sam and his family deny the allegations.
OpenAI CEO Sam Altman Sued for Alleged Childhood Sexual Abuse
Sam Altman, OpenAI CEO, is being sued by his sister, Ann Altman, for alleged sexual abuse from 1997-2006 in their Missouri home, beginning when Ann was three; Sam and his family deny the allegations.
Progress
56% Bias Score
EU Rejects Trump's Greenland Claims Amidst Growing Geopolitical Tensions
France and Germany firmly rejected President-elect Trump's repeated claims of Greenland as a necessary acquisition for the U.S., emphasizing the EU's commitment to its members' territorial integrity, while Russia's positive reaction highlights shifting geopolitical dynamics.
EU Rejects Trump's Greenland Claims Amidst Growing Geopolitical Tensions
France and Germany firmly rejected President-elect Trump's repeated claims of Greenland as a necessary acquisition for the U.S., emphasizing the EU's commitment to its members' territorial integrity, while Russia's positive reaction highlights shifting geopolitical dynamics.
Progress
40% Bias Score
Virginia Democrats Maintain Legislative Control After Special Election Wins
In Virginia's special legislative elections, Democrats secured victories in two Loudoun County districts, maintaining narrow majorities in both the state Senate (21-19) and House of Delegates (51-49), despite a recent winter storm and the state's Republican governor, Glenn Youngkin.
Virginia Democrats Maintain Legislative Control After Special Election Wins
In Virginia's special legislative elections, Democrats secured victories in two Loudoun County districts, maintaining narrow majorities in both the state Senate (21-19) and House of Delegates (51-49), despite a recent winter storm and the state's Republican governor, Glenn Youngkin.
Progress
44% Bias Score
Australia's CPI Rises, Exceeding Expectations
Australia's November annualized CPI increased to 2.3%, exceeding forecasts, driven by higher food and beverage prices, while trimmed mean inflation slowed to 3.2%.
Australia's CPI Rises, Exceeding Expectations
Australia's November annualized CPI increased to 2.3%, exceeding forecasts, driven by higher food and beverage prices, while trimmed mean inflation slowed to 3.2%.
Progress
24% Bias Score
Marks Warns of Market Risks Amid High Valuations and AI Frenzy
Veteran value investor Howard Marks cautions against current market conditions, citing a high S&P 500 price-to-earnings ratio near 22, excessive enthusiasm for AI, and the outsized performance of seven tech stocks, suggesting potential for poor long-term returns or short-term market correction.
Marks Warns of Market Risks Amid High Valuations and AI Frenzy
Veteran value investor Howard Marks cautions against current market conditions, citing a high S&P 500 price-to-earnings ratio near 22, excessive enthusiasm for AI, and the outsized performance of seven tech stocks, suggesting potential for poor long-term returns or short-term market correction.
Progress
40% Bias Score
Utilities Sector Booms on AI, but Mid-Cap Companies Offer Better Long-Term Potential
The utilities sector experienced a remarkable 20% surge in 2024, led by companies like Vistra (260% increase), Constellation Energy (90% increase), and Talen Energy (200% increase), primarily due to their role in powering data centers and artificial intelligence infrastructure; however, Morningstar ...
Utilities Sector Booms on AI, but Mid-Cap Companies Offer Better Long-Term Potential
The utilities sector experienced a remarkable 20% surge in 2024, led by companies like Vistra (260% increase), Constellation Energy (90% increase), and Talen Energy (200% increase), primarily due to their role in powering data centers and artificial intelligence infrastructure; however, Morningstar ...
Progress
48% Bias Score