Tag #Economy

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
forbes.com
🌐 75% Global Worthiness
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Marriage vs. Domestic Partnership: Weighing Financial and Legal Ramifications

Marriage versus domestic partnership: A couple weighs tax implications, estate planning, inheritance, health insurance, Social Security benefits, asset/debt treatment, and legal proceedings before deciding.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Inflation and the Case for a Gold Standard

The article analyzes the causes of US inflation, contrasting the current system with the historical gold standard, arguing that a return to the gold standard is the only viable solution to control inflation.

Progress

68% 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
forbes.com
🌐 75% Global Worthiness
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Great Flattening Trend" Reshapes US Workplaces

U.S. companies are eliminating middle management layers ("The Great Flattening Trend") to cut costs and boost efficiency, impacting employee morale and professional development, with mixed results reported by companies like Bayer and Novartis, and differing opinions among experts.

Progress

44% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 75% Global Worthiness
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EU Plans €1 Billion Reserve to Protect Farmers from Mercosur Trade Deal

The European Union plans a €1 billion reserve to help farmers if the Mercosur trade deal negatively impacts their markets, following concerns over market disruptions, particularly in beef and poultry, and uncertainty over the fund's availability.

Progress

40% Bias Score

No Poverty
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
forbes.com
🌐 75% Global Worthiness
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Burberry Stock Soars Despite Sales Dip

Burberry's stock surged 15.7% to £12.38 on Friday after reporting better-than-expected sales for the three months ending in December, despite a 7% drop in retail revenue to £659 million—a smaller decline than the anticipated 12%.

Progress

40% Bias Score

Decent Work and Economic Growth
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
sueddeutsche.de
🌐 75% Global Worthiness
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German Construction Industry Forecasts Continued Turnover Decline in 2025

Germany's construction industry forecasts a continued decline in turnover for 2025 despite a recent order increase in November 2024, citing insufficient orders and calling for governmental policy changes to boost the sector.

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Donville Doubles Portfolio Returns, Eyes Strong 2025

Jason Donville of Donville Kent Asset Management doubled his portfolio returns in 2024 to 103 percent, anticipating continued market strength in 2025 due to robust corporate earnings and AI advancements, while acknowledging risks from trade disputes.

Progress

48% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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German Heating Costs Drop Significantly in 2024

Due to warmer weather and lower fuel prices, German households with gas or oil heating saw average costs decrease in 2024; gas heating costs fell by 12% to €1762, while oil heating costs dropped by 8% to €1629 for a typical single-family home.

Progress

36% Bias Score

Affordable and Clean Energy