Trump's Tariffs: Immediate Impact and Long-Term Economic Implications
President Trump plans to impose tariffs of 25% on goods from Mexico and Canada, and 10% on Chinese goods, starting Saturday; many companies have already begun frontloading imports to mitigate the impact, but smaller businesses may be forced to raise prices, ultimately affecting consumers.
Trump's Tariffs: Immediate Impact and Long-Term Economic Implications
President Trump plans to impose tariffs of 25% on goods from Mexico and Canada, and 10% on Chinese goods, starting Saturday; many companies have already begun frontloading imports to mitigate the impact, but smaller businesses may be forced to raise prices, ultimately affecting consumers.
Progress
40% Bias Score
Multinational Corporations and High Prices in Greece
Greece's high cost of living is driven by multinational corporations' pricing strategies and the lack of price controls, impacting consumers and necessitating government intervention to promote domestic production and fair pricing.
Multinational Corporations and High Prices in Greece
Greece's high cost of living is driven by multinational corporations' pricing strategies and the lack of price controls, impacting consumers and necessitating government intervention to promote domestic production and fair pricing.
Progress
40% Bias Score
U.S. Egg Prices Soar 36.8% Amidst Avian Influenza Outbreak
Egg prices in the U.S. increased by 36.8% between December 2023 and December 2024 due to a highly pathogenic avian influenza outbreak that has impacted poultry supplies nationwide, leading to retail limits on egg purchases and highlighting food supply chain vulnerabilities.
U.S. Egg Prices Soar 36.8% Amidst Avian Influenza Outbreak
Egg prices in the U.S. increased by 36.8% between December 2023 and December 2024 due to a highly pathogenic avian influenza outbreak that has impacted poultry supplies nationwide, leading to retail limits on egg purchases and highlighting food supply chain vulnerabilities.
Progress
40% Bias Score
North Macedonia: Minimum Living Costs Rise Despite Government Price Controls
The minimum living cost for a four-member family in North Macedonia increased by 391 denars in January 2024, reaching 63,252 denars, despite a government initiative to lower prices; the Trade Union of Macedonia (SSM) claims this indicates inflation is above 10 percent, far exceeding the official rat...
North Macedonia: Minimum Living Costs Rise Despite Government Price Controls
The minimum living cost for a four-member family in North Macedonia increased by 391 denars in January 2024, reaching 63,252 denars, despite a government initiative to lower prices; the Trade Union of Macedonia (SSM) claims this indicates inflation is above 10 percent, far exceeding the official rat...
Progress
56% Bias Score
US Inflation Rises to 2.9% in December
US inflation rose to 2.9% in December 2024, exceeding the Federal Reserve's target, driven by higher food and energy prices; however, economists predict a return to lower inflation in 2025, with the caveat that President-elect Trump's policies could reverse this trend.
US Inflation Rises to 2.9% in December
US inflation rose to 2.9% in December 2024, exceeding the Federal Reserve's target, driven by higher food and energy prices; however, economists predict a return to lower inflation in 2025, with the caveat that President-elect Trump's policies could reverse this trend.
Progress
44% Bias Score
Germany's Inflation Remains Stubbornly High at 2.6% in December
Germany's inflation unexpectedly rose to 2.6 percent in December 2024, marking the third consecutive monthly increase, driven by higher service and food costs, despite lower energy prices; economists predict continued inflation above 2 percent in 2025.
Germany's Inflation Remains Stubbornly High at 2.6% in December
Germany's inflation unexpectedly rose to 2.6 percent in December 2024, marking the third consecutive monthly increase, driven by higher service and food costs, despite lower energy prices; economists predict continued inflation above 2 percent in 2025.
Progress
28% Bias Score
Trump's Tariffs on China Prompt Price Hikes and Manufacturing Shifts
President Trump imposed 10% tariffs on Chinese imports on Saturday, prompting price increases for US consumers and prompting Chinese manufacturers to stockpile goods in the US, explore alternative production bases in countries like Vietnam and Dubai, and consider raising prices by as much as 10% to ...
Trump's Tariffs on China Prompt Price Hikes and Manufacturing Shifts
President Trump imposed 10% tariffs on Chinese imports on Saturday, prompting price increases for US consumers and prompting Chinese manufacturers to stockpile goods in the US, explore alternative production bases in countries like Vietnam and Dubai, and consider raising prices by as much as 10% to ...
Progress
48% Bias Score
Istanbul CPI Soars 5.16% in January
Istanbul's January 2024 Consumer Price Index (CPI) increased by 5.16 percent month-over-month and 48.40 percent year-over-year, with retail prices up 5.16 percent and wholesale prices up 2.83 percent, according to the Istanbul Chamber of Commerce (ITO).
Istanbul CPI Soars 5.16% in January
Istanbul's January 2024 Consumer Price Index (CPI) increased by 5.16 percent month-over-month and 48.40 percent year-over-year, with retail prices up 5.16 percent and wholesale prices up 2.83 percent, according to the Istanbul Chamber of Commerce (ITO).
Progress
20% Bias Score
Walmart Shopping Trip Shows Limited Price Decreases Despite Cooling Inflation
A recent shopping trip to a Walmart in Liberty County, Georgia, revealed that 21 out of 96 items on a shopping list had decreased in price over the past year, ranging from minor reductions to a 25% decrease for pink salmon, illustrating the complex reality of inflation and its impact on consumers.
Walmart Shopping Trip Shows Limited Price Decreases Despite Cooling Inflation
A recent shopping trip to a Walmart in Liberty County, Georgia, revealed that 21 out of 96 items on a shopping list had decreased in price over the past year, ranging from minor reductions to a 25% decrease for pink salmon, illustrating the complex reality of inflation and its impact on consumers.
Progress
40% Bias Score
Germany's Inflation Rises to 2.6 Percent in December 2024
Germany's December 2024 inflation hit 2.6 percent year-on-year, the second-highest in 2024 after January's 2.9 percent, due to rising service and food prices; 2024's average inflation was 1 percent, with food price increases offset by energy price decreases.
Germany's Inflation Rises to 2.6 Percent in December 2024
Germany's December 2024 inflation hit 2.6 percent year-on-year, the second-highest in 2024 after January's 2.9 percent, due to rising service and food prices; 2024's average inflation was 1 percent, with food price increases offset by energy price decreases.
Progress
40% Bias Score
Trump's Tariffs Threaten to Hike Electronics Prices
President-elect Donald Trump's proposed tariffs on imported goods, including electronics, are predicted by the Consumer Technology Association to increase average prices of laptops by \$357, smartphones by \$213, and televisions by \$48, potentially leading to economic slowdown and retaliatory tarif...
Trump's Tariffs Threaten to Hike Electronics Prices
President-elect Donald Trump's proposed tariffs on imported goods, including electronics, are predicted by the Consumer Technology Association to increase average prices of laptops by \$357, smartphones by \$213, and televisions by \$48, potentially leading to economic slowdown and retaliatory tarif...
Progress
44% Bias Score
German Inflation Normalizes to 2.2 Percent in 2024, but Real Wages Remain Stagnant
Germany's 2024 inflation rate averaged 2.2 percent, a significant decrease from the previous year but still impacting purchasing power, especially for lower and middle-income families due to high energy and food costs; this follows the energy crisis triggered by the war in Ukraine.
German Inflation Normalizes to 2.2 Percent in 2024, but Real Wages Remain Stagnant
Germany's 2024 inflation rate averaged 2.2 percent, a significant decrease from the previous year but still impacting purchasing power, especially for lower and middle-income families due to high energy and food costs; this follows the energy crisis triggered by the war in Ukraine.
Progress
24% Bias Score