Tag #Economy

cbsnews.com
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Home Equity Loans Poised for Increased Advantage in 2025

Home equity loans, currently averaging 8.45% interest, offer lower rates than credit cards (near 23%) and personal loans, with potential for further decreases in 2025 due to Federal Reserve actions; higher borrowing potential exists due to home equity averaging $320,000, with increases expected if h...

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52% Bias Score

Reduced Inequality
welt.de
🌐 65% Global Worthiness
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Record Pessimism Among Thuringian Businesses

A survey of Thuringian businesses reveals record-high pessimism, with almost half expecting economic downturn in the coming months due to low order books and profit expectations; economic recovery is not expected until 2026.

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48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 65% Global Worthiness
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Restructuring Boosts Bavarian Retail Sales Despite Employment Drop

Bavarian retail sales increased by 5 percent in 2024 due to a significant online sales increase from a single company's restructuring, despite a 1.1 percent employment drop—the largest in years, affecting the food sector most significantly, and a poor Christmas season.

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32% Bias Score

Decent Work and Economic Growth
faz.net
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Europe's Largest Quartzite Quarry Fuels Taunus Region's Economy

The Taunus-Quarzit-Werk, Europe's largest quartzite quarry, located near Köppern, Germany, produces 4,000 tons of quartzite daily for various uses; its location near Roman Limes structures suggests a long history of extraction, while its modern operations demonstrate the economic significance of thi...

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24% Bias Score

Industry, Innovation, and Infrastructure
sueddeutsche.de
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Restructuring Boosts Bavarian Retail Sales Despite Employment Drop

Bavarian retail sales grew by 5% in 2024 despite a 1.1% decrease in employment, largely due to a major online retailer's restructuring; however, traditional stores saw minimal growth, and the grocery sector experienced significant job losses.

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32% Bias Score

Decent Work and Economic Growth
fr.euronews.com
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Trump Threatens Tariffs on China and EU, Sparking Market Volatility

President Trump threatened 10% tariffs on China and the EU on his second day in office, citing trade deficits and fentanyl, following earlier threats against Canada and Mexico; European leaders responded with calls for unity and market adjustments, while the situation creates considerable uncertaint...

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44% Bias Score

Reduced Inequality
kathimerini.gr
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Greek PM Defends Agricultural Policies Amidst Opposition Criticism

In a Greek parliamentary debate, PASOK leader Nikos Androulakis criticized the government's handling of the agricultural sector, citing high food import costs (10 billion euros annually), farmer debt exceeding 70%, and OPAPE's European trusteeship. Prime Minister Kyriakos Mitsotakis defended his gov...

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48% Bias Score

Zero Hunger
welt.de
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Görtz Faces Second Insolvency Due to Investor Dispute

Görtz, a Hamburg retailer, is in a second insolvency proceeding due to unpaid rent and an investor's €1.3 million payment default, jeopardizing employee salaries and the company's future, with ongoing legal battles and brand-rights complications.

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40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Mitsotakis and Androulakis Clash Over Greece's Agricultural Crisis

Greek Prime Minister Kyriakos Mitsotakis and PASOK leader Nikos Androulakis engaged in a heated parliamentary debate on Friday concerning the state of Greece's agricultural sector, with Androulakis criticizing the government's handling of the OPECPE agency and Mitsotakis announcing debt relief measu...

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40% Bias Score

Zero Hunger
zeit.de
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Hesse to Fine Owners of Vacant Properties Up to €500,000

Hesse will introduce a new law to combat speculative vacancy of real estate by allowing municipalities to impose fines of up to €500,000. The law addresses a vacancy rate of 3.9% (over 122,000 dwellings), aiming to limit vacancy periods to six months unless justified by factors such as renovations.

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40% Bias Score

Sustainable Cities and Communities
nytimes.com
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Vikings' Offseason Plan: High-Priced Free Agents Targeted

The Minnesota Vikings, with $58 million in projected cap space, plan to target high-priced free agents to upgrade their offensive and defensive lines, and secondary, potentially signing players like Trey Smith and Milton Williams, while also considering cutting existing players to free up more cap s...

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36% Bias Score

Decent Work and Economic Growth
taz.de
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Canada Threatens Retaliatory Tariffs Amidst Trump's Protectionist Trade Policies

Two days after Donald Trump's inauguration, Canada threatened retaliatory tariffs against potential unfair U.S. tariffs on Canadian and Mexican imports, potentially escalating into a global trade conflict, as economists warn of negative impacts for all parties.

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56% Bias Score

Decent Work and Economic Growth