Showing 1 to 12 of 188 results
P&G to Cut 7,000 Jobs Amid Economic Slowdown
Procter & Gamble announced it will cut 7,000 jobs (15 percent of its workforce) over two years due to decreased consumer spending amid economic uncertainty, including Trump's tariffs and geopolitical tensions; this follows a 2 percent drop in net sales in Q1 and is part of a broader restructuring to...
P&G to Cut 7,000 Jobs Amid Economic Slowdown
Procter & Gamble announced it will cut 7,000 jobs (15 percent of its workforce) over two years due to decreased consumer spending amid economic uncertainty, including Trump's tariffs and geopolitical tensions; this follows a 2 percent drop in net sales in Q1 and is part of a broader restructuring to...
Progress
36% Bias Score
Greece's Economic Growth Faces Challenges Amidst Falling Exports and Rising Costs
Greece's economy shows strong growth but faces challenges from falling export orders, rising raw material costs, and persistent regulatory hurdles, creating a potentially problematic economic outlook.
Greece's Economic Growth Faces Challenges Amidst Falling Exports and Rising Costs
Greece's economy shows strong growth but faces challenges from falling export orders, rising raw material costs, and persistent regulatory hurdles, creating a potentially problematic economic outlook.
Progress
40% Bias Score
Trump's Trade Wars Slow Global Economic Growth to Pandemic-Era Levels
The OECD forecasts 2.9 percent global economic growth for 2024 and 2025, the slowest since the 2020 pandemic, mainly due to Donald Trump's trade wars negatively impacting global trade and investment; China's manufacturing contracted last month, and the US growth forecast dropped to 1.6 percent.
Trump's Trade Wars Slow Global Economic Growth to Pandemic-Era Levels
The OECD forecasts 2.9 percent global economic growth for 2024 and 2025, the slowest since the 2020 pandemic, mainly due to Donald Trump's trade wars negatively impacting global trade and investment; China's manufacturing contracted last month, and the US growth forecast dropped to 1.6 percent.
Progress
48% Bias Score
OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs
The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.
OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs
The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.
Progress
44% Bias Score
Canadian Banks Boost Loan Loss Provisions Amidst Trade Uncertainty
BMO and National Bank of Canada reported higher-than-expected second-quarter earnings but increased loan loss provisions to $1.05 billion and $545 million, respectively, due to rising default risks from U.S. trade tensions and weakening Canadian economic indicators, impacting both consumer and comme...
Canadian Banks Boost Loan Loss Provisions Amidst Trade Uncertainty
BMO and National Bank of Canada reported higher-than-expected second-quarter earnings but increased loan loss provisions to $1.05 billion and $545 million, respectively, due to rising default risks from U.S. trade tensions and weakening Canadian economic indicators, impacting both consumer and comme...
Progress
28% Bias Score
Weak German Job Market Recovery Amidst Persistent Skill Shortages
Germany's May unemployment figures show a weak spring recovery, with a decrease of only 12,000 jobless individuals, resulting in 2.919 million unemployed, 197,000 more than last year, despite a persistent shortage of skilled workers across numerous sectors.
Weak German Job Market Recovery Amidst Persistent Skill Shortages
Germany's May unemployment figures show a weak spring recovery, with a decrease of only 12,000 jobless individuals, resulting in 2.919 million unemployed, 197,000 more than last year, despite a persistent shortage of skilled workers across numerous sectors.
Progress
44% Bias Score
US Jobless Claims Rise to Eight-Month High Amid Tariff Uncertainty
U.S. jobless claims rose to 247,000 for the week ending May 31, the highest in eight months, exceeding analysts' expectations and signaling a potential cooling of the labor market amid tariff-related economic uncertainty.
US Jobless Claims Rise to Eight-Month High Amid Tariff Uncertainty
U.S. jobless claims rose to 247,000 for the week ending May 31, the highest in eight months, exceeding analysts' expectations and signaling a potential cooling of the labor market amid tariff-related economic uncertainty.
Progress
40% Bias Score
Unemployment Claims Surge to Eight-Month High, Signaling Potential Labor Market Slowdown
Initial U.S. unemployment claims reached a eight-month high of 247,000 for the week ending May 31, exceeding expectations and indicating a potential labor market slowdown amid tariff concerns and large-scale layoffs at major companies, including over 280,000 federal job cuts this year.
Unemployment Claims Surge to Eight-Month High, Signaling Potential Labor Market Slowdown
Initial U.S. unemployment claims reached a eight-month high of 247,000 for the week ending May 31, exceeding expectations and indicating a potential labor market slowdown amid tariff concerns and large-scale layoffs at major companies, including over 280,000 federal job cuts this year.
Progress
48% Bias Score
Saxon Crafts Chamber Demands Regulatory Reform Amidst Construction Crisis
The Saxon Chamber of Crafts reports a decline in building approvals and sales growth from 2023 onwards, urging for faster approval processes, less regulation, and reliable funding to combat the construction crisis and housing shortage impacting Saxony.
Saxon Crafts Chamber Demands Regulatory Reform Amidst Construction Crisis
The Saxon Chamber of Crafts reports a decline in building approvals and sales growth from 2023 onwards, urging for faster approval processes, less regulation, and reliable funding to combat the construction crisis and housing shortage impacting Saxony.
Progress
48% Bias Score
IATA Meeting Highlights Global Air Travel Slowdown
The International Air Transport Association's (IATA) annual meeting in New Delhi reveals a slowdown in North American air travel, threatening the industry's \$36.6 billion profit projection for 2025, despite robust growth in other regions, and raising concerns about the impact on travelers.
IATA Meeting Highlights Global Air Travel Slowdown
The International Air Transport Association's (IATA) annual meeting in New Delhi reveals a slowdown in North American air travel, threatening the industry's \$36.6 billion profit projection for 2025, despite robust growth in other regions, and raising concerns about the impact on travelers.
Progress
56% Bias Score
Russia's Economic Slowdown Impacts Salary Growth
Russia's economic slowdown is tempering salary growth, with a projected 12% increase in 2025 compared to 18% in 2024, impacting sectors unevenly; however, low unemployment (2.5%) until at least 2028 maintains a job-seeker's market.
Russia's Economic Slowdown Impacts Salary Growth
Russia's economic slowdown is tempering salary growth, with a projected 12% increase in 2025 compared to 18% in 2024, impacting sectors unevenly; however, low unemployment (2.5%) until at least 2028 maintains a job-seeker's market.
Progress
44% Bias Score
PDD Holdings Q1 2024 Profit Drops 47% Amid Trade Tensions
PDD Holdings, a Shanghai-based e-commerce giant, reported a 47% net profit decrease to .8 billion euros in Q1 2024, attributed to US-China trade tensions, increased competition, and strategic investments impacting short-term profitability, while revenue grew by 10% year-on-year to .7 billion euros.
PDD Holdings Q1 2024 Profit Drops 47% Amid Trade Tensions
PDD Holdings, a Shanghai-based e-commerce giant, reported a 47% net profit decrease to .8 billion euros in Q1 2024, attributed to US-China trade tensions, increased competition, and strategic investments impacting short-term profitability, while revenue grew by 10% year-on-year to .7 billion euros.
Progress
32% Bias Score
Showing 1 to 12 of 188 results