Tag #Economy

forbes.com
🌐 85% Global Worthiness
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Dow Leads Gains as S&P Hits Record High Amidst Crypto Regulation and Economic Uncertainty

The Dow Jones Industrial Average surged 0.9%, pushing the S&P 500 to a record high, amidst President Trump's crypto regulation initiatives, a potential national digital asset stockpile, and upcoming key economic data releases.

Progress

36% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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2025 Long-Term CD Rates: Online Banks Offer Significantly Higher Returns

In 2025, while average 3-5 year CD rates hover around 1.42-1.44%, online banks offer significantly higher rates (4.15%-4.25%) due to lower overhead, making timely investment crucial given the anticipated rate decline.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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EU Responds to Trump's Second Term with Pragmatism and Unified Strategy

The European Union responded calmly to Donald Trump's second inauguration, focusing on pragmatic cooperation while preparing to defend its interests, notably concerning trade and technology regulation, with a unified approach to avoid individual negotiations with Washington.

Progress

32% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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HSBC to Close Zing App, Resulting in 400 Job Losses

HSBC, Europe's largest bank, is closing its mobile cross-border payments app, Zing, resulting in approximately 400 job losses due to a strategic review prioritizing cost-cutting and focusing on core business areas where it has a competitive advantage. The app failed to compete effectively against fi...

Progress

36% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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High Demand for Paris-Berlin ICE Train Prompts Expansion Plans

The new direct ICE train between Paris and Berlin, launched in late December, is experiencing exceptionally high demand with 90% average occupancy, prompting plans by DB and SNCF to expand the service, including additional direct connections between Paris and Munich.

Progress

36% Bias Score

Climate Action
smh.com.au
🌐 75% Global Worthiness
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Whitebark Acquisition Fuels Alinya 3H Project Exploration

Whitebark Energy's acquisition of King Energy, finalized in early March for $1.67 million, significantly boosts exploration at King's Alinya 3H project in South Australia's Officer Basin, covering nearly 20,000 square kilometers with over 20 identified prospects.

Progress

52% Bias Score

Affordable and Clean Energy
politico.eu
🌐 75% Global Worthiness
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France Delays EU Sustainability Regulations

France is lobbying the European Union to indefinitely postpone the Corporate Due Diligence Directive (CSDDD) and delay the Corporate Sustainability Reporting Directive (CSRD) by two years, arguing the regulations are too complex for smaller businesses, impacting their growth. The French government's...

Progress

48% Bias Score

Responsible Consumption and Production
cbsnews.com
🌐 75% Global Worthiness
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Unpaid Taxes: IRS Actions and Available Solutions

In 2024, hundreds of billions of dollars in back taxes are owed to the IRS; if you owe but cannot pay, the IRS will send a bill with penalties and interest, potentially escalating to liens, levies, and legal action unless you utilize payment plans, Offers in Compromise, or Currently Not Collectible ...

Progress

40% Bias Score

No Poverty
news.sky.com
🌐 75% Global Worthiness
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Sainsbury's to Cut 3,000 Jobs Amidst Rising Costs

Sainsbury's is cutting 3,000 jobs, partly due to increased employer National Insurance Contributions and rising costs, as part of a wider cost-cutting strategy involving store closures and reduced operating expenses to maintain profit margins in a competitive market.

Progress

56% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Entrepreneur Teaches Kids Investing Lessons After $60 Million Sale

Entrepreneur Eric Malka's $60 million sale of The Art of Shaving prompted a shift to investing, where he now educates his children, emphasizing learning from mistakes, a contrast to other parents' more conservative approaches. This highlights different approaches to financial education for children ...

Progress

44% Bias Score

Quality Education
smh.com.au
🌐 75% Global Worthiness
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Financial Strain Exacerbates Mental Health Crisis in NSW

A new report reveals that over half of NSW residents reported worsened mental health due to financial strain, coinciding with a 10% increase in loneliness; Joanne Cockle postponed a medical appointment due to unaffordable gap fees, highlighting the financial barriers to healthcare access.

Progress

36% Bias Score

No Poverty
theglobeandmail.com
🌐 75% Global Worthiness
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California Wildfires to Hike Canadian Home Insurance Premiums

The California wildfires are expected to increase Canadian home insurance premiums due to rising reinsurance costs for insurance providers, impacting consumers particularly in British Columbia, Alberta, and Quebec.

Progress

28% Bias Score

Sustainable Cities and Communities