Nine US States Cut Income Taxes in 2025
Nine US statesโIndiana, Iowa, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, and West Virginiaโwill reduce individual income tax rates starting January 1, 2025, impacting millions of taxpayers, with variations in savings based on income and state.
Nine US States Cut Income Taxes in 2025
Nine US statesโIndiana, Iowa, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, and West Virginiaโwill reduce individual income tax rates starting January 1, 2025, impacting millions of taxpayers, with variations in savings based on income and state.
Progress
44% Bias Score
France Reduces Apprentice Hiring Subsidies for 2025
The French government announced that it will maintain, but reduce, subsidies for hiring apprentices in 2025, lowering the aid to \u20ac5,000 for SMEs and \u20ac2,000 for larger companies, aiming to save \u20ac1.2 billion while preventing a return to pre-pandemic support levels.
France Reduces Apprentice Hiring Subsidies for 2025
The French government announced that it will maintain, but reduce, subsidies for hiring apprentices in 2025, lowering the aid to \u20ac5,000 for SMEs and \u20ac2,000 for larger companies, aiming to save \u20ac1.2 billion while preventing a return to pre-pandemic support levels.
Progress
28% Bias Score
Greek Developers Secure Building Permits Before Bonus Removal
Greek housing developers secured building permits in September using NOK bonuses before their anticipated removal, resulting in significantly larger average building areas (1091 sq.m in Attica) compared to previous months; the government's proposed amendment protects these permits.
Greek Developers Secure Building Permits Before Bonus Removal
Greek housing developers secured building permits in September using NOK bonuses before their anticipated removal, resulting in significantly larger average building areas (1091 sq.m in Attica) compared to previous months; the government's proposed amendment protects these permits.
Progress
36% Bias Score
Sanders to Introduce Bill Capping Credit Card Interest Rates at 10%
Senator Bernie Sanders will introduce legislation to cap credit card interest rates at 10%, echoing a campaign promise by President-elect Trump, amidst $1.17 trillion in US credit card debt and average interest rates at 24.43% in December 2024.
Sanders to Introduce Bill Capping Credit Card Interest Rates at 10%
Senator Bernie Sanders will introduce legislation to cap credit card interest rates at 10%, echoing a campaign promise by President-elect Trump, amidst $1.17 trillion in US credit card debt and average interest rates at 24.43% in December 2024.
Progress
48% Bias Score
Biden's Stock Market Performance Ranks Ninth Since 1929
Based on S&P 500 Total Return Index data from 1929, Joe Biden's presidency (2021-2024) shows a 13.49% annual stock market return, ranking ninth among US presidents since 1929, exceeding Jimmy Carter but trailing George H.W. Bush. Bill Clinton's presidency (1993-2001) achieved the highest return at 1...
Biden's Stock Market Performance Ranks Ninth Since 1929
Based on S&P 500 Total Return Index data from 1929, Joe Biden's presidency (2021-2024) shows a 13.49% annual stock market return, ranking ninth among US presidents since 1929, exceeding Jimmy Carter but trailing George H.W. Bush. Bill Clinton's presidency (1993-2001) achieved the highest return at 1...
Progress
56% Bias Score
Hagel Open to German Debt Brake Reform After Spending Cuts
CDU state chief Manuel Hagel expressed conditional support for reforming Germany's debt brake, prioritizing spending cuts first, aligning with CDU leader Friedrich Merz's stance, amid debate about fiscal flexibility and the debt brake's role in preventing a state debt crisis.
Hagel Open to German Debt Brake Reform After Spending Cuts
CDU state chief Manuel Hagel expressed conditional support for reforming Germany's debt brake, prioritizing spending cuts first, aligning with CDU leader Friedrich Merz's stance, amid debate about fiscal flexibility and the debt brake's role in preventing a state debt crisis.
Progress
44% Bias Score
Aust Criticizes Hamburg's Economic Policies, Urges Billion-Euro Innovation Fund
Hamburg Chamber of Commerce President Norbert Aust criticized Hamburg's economic policies in his New Year's address, citing insufficient innovation, bureaucracy, and infrastructure issues, and urging a billion-euro innovation fund and port expansion to improve competitiveness; a Forsa survey support...
Aust Criticizes Hamburg's Economic Policies, Urges Billion-Euro Innovation Fund
Hamburg Chamber of Commerce President Norbert Aust criticized Hamburg's economic policies in his New Year's address, citing insufficient innovation, bureaucracy, and infrastructure issues, and urging a billion-euro innovation fund and port expansion to improve competitiveness; a Forsa survey support...
Progress
56% Bias Score
Spain's Government Plans 2025 Housing Push Amidst Judicial Challenges
Spain's President Pedro Sรกnchez's press conference revealed positive economic data, but judicial issues have shifted the political focus; the government plans a 2025 initiative focusing on housing and a commemoration of Franco's death to counter this.
Spain's Government Plans 2025 Housing Push Amidst Judicial Challenges
Spain's President Pedro Sรกnchez's press conference revealed positive economic data, but judicial issues have shifted the political focus; the government plans a 2025 initiative focusing on housing and a commemoration of Franco's death to counter this.
Progress
56% Bias Score
France Implements Emergency Spending Plan Amid Budgetary Crisis
Facing a budgetary crisis after the rejection of its 2025 budget, the French government implemented a temporary spending plan, allowing ministries to spend within 2024's initial budget limits until a new budget is passed, while freezing most spending and preventing new hires or contracts; this measu...
France Implements Emergency Spending Plan Amid Budgetary Crisis
Facing a budgetary crisis after the rejection of its 2025 budget, the French government implemented a temporary spending plan, allowing ministries to spend within 2024's initial budget limits until a new budget is passed, while freezing most spending and preventing new hires or contracts; this measu...
Progress
36% Bias Score
Biden Cancels $4.28 Billion in Student Loan Debt for Public Servants
President Biden canceled $4.28 billion in student loan debt for 55,000 public servants, including teachers, nurses, and military personnel, bringing the total number of beneficiaries under his administration to nearly five million, despite a previous Supreme Court ruling against a broader plan.
Biden Cancels $4.28 Billion in Student Loan Debt for Public Servants
President Biden canceled $4.28 billion in student loan debt for 55,000 public servants, including teachers, nurses, and military personnel, bringing the total number of beneficiaries under his administration to nearly five million, despite a previous Supreme Court ruling against a broader plan.
Progress
44% Bias Score
Spain's Governing Coalition Faces Rift Over Social Reforms
Spain's governing coalition, formed by the PSOE and Sumar, faces internal tension over the timeline for implementing a 37.5-hour work week and a minimum wage increase by 2025; Sumar demands swift action, while the PSOE seeks a more gradual approach, potentially jeopardizing coalition stability.
Spain's Governing Coalition Faces Rift Over Social Reforms
Spain's governing coalition, formed by the PSOE and Sumar, faces internal tension over the timeline for implementing a 37.5-hour work week and a minimum wage increase by 2025; Sumar demands swift action, while the PSOE seeks a more gradual approach, potentially jeopardizing coalition stability.
Progress
44% Bias Score
French Electricity Tax Reverts to Pre-Crisis Level
France's electricity tax will revert to pre-crisis levels on February 1st, impacting household bills despite lower electricity market prices; a proposed tax increase aimed at balancing the budget was abandoned following parliamentary censure and subsequent government collapse.
French Electricity Tax Reverts to Pre-Crisis Level
France's electricity tax will revert to pre-crisis levels on February 1st, impacting household bills despite lower electricity market prices; a proposed tax increase aimed at balancing the budget was abandoned following parliamentary censure and subsequent government collapse.
Progress
44% Bias Score