Tag #Economy

forbes.com
🌐 75% Global Worthiness
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WPM Stock Surges 29% on Higher Precious Metal Prices

Wheaton Precious Metals stock increased 29% in the last year due to higher gold and silver prices resulting from easing inflation, geopolitical tensions, and uncertain U.S. Federal Reserve policies, exceeding the S&P 500's 25% growth and outperforming competitors like Barrick Gold and Newmont. The c...

Progress

40% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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French Assembly Passes Bill to Curb Overseas Living Costs

The French National Assembly adopted a Socialist-led bill on January 23rd to combat high living costs in overseas territories, aiming to cap essential goods prices, tackle monopolies, and limit large retailer market share; the bill passed with 180 votes in favor and 1 against.

Progress

36% Bias Score

Reduced Inequality
edition.cnn.com
🌐 75% Global Worthiness
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CNN Announces Layoffs and Restructuring Amidst Shifting News Consumption

CNN announced Thursday it is laying off approximately 200 employees (6% of its workforce) as part of a $70 million investment in a new streaming service, a redesigned website, and a new weekday lineup, which launches in March, all in response to shifting audience consumption habits.

Progress

32% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 65% Global Worthiness
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Turkey's Housing Sector Awaits Low-Interest Loan Campaign

Turkey's housing sector expects a government-backed low-interest loan campaign in the first half of 2024 to boost homeownership among low-income citizens, aiming for 100,000 social houses by 2025, as announced in the presidential annual program.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
🌐 65% Global Worthiness
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CD Rates Remain High in Early 2025, But Choices Abound

In early 2025, savers face a choice between relatively high-yield CDs and high-yield savings accounts, weighing the trade-off between fixed versus variable interest rates and the penalty for early CD withdrawals against their need for liquidity and risk tolerance.

Progress

52% Bias Score

Reduced Inequality
lemonde.fr
🌐 65% Global Worthiness
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French Banks Expand SRI Options in Retirement Savings Plans

French banks are offering more Socially Responsible Investment (SRI) options within retirement savings plans (PER), such as BoursoBank's and Placement-direct's offerings, which have shown strong performance, although legal requirements for individual PERs lag behind those for life insurance.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Government Blocks 39 Insulation Firms Amid Substandard Work Crisis

The UK government has blocked 39 insulation companies after widespread reports of substandard work under previous energy efficiency schemes, impacting approximately 65,000 households and leaving many unable to sell or remortgage their homes; the government will fix the issues at no cost to the homeo...

Progress

52% Bias Score

Affordable and Clean Energy
nos.nl
🌐 75% Global Worthiness
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US LNG Tankers Rerouted to Europe Amid Soaring Gas Prices

Due to higher prices, at least seven US LNG tankers en route to Asia were rerouted to Europe in recent weeks, highlighting Europe's increased reliance on LNG following the war in Ukraine, which now accounts for a third of its gas supply.

Progress

32% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 75% Global Worthiness
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Barclays CEO's Pay Could Rise 45% to \£14 Million

Barclays is considering a 45% pay rise for its CEO, CS Venkatakrishnan, to over \£14 million, contingent on significantly increased profitability and shareholder approval; this follows the repeal of the EU bonus cap and Barclays' subsequent lifting of its own cap in May 2024.

Progress

56% Bias Score

Reduced Inequality
nytimes.com
🌐 65% Global Worthiness
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New Jersey Blended Family Finds Essex County Home After Facing Market Challenges

Heather Anderson and Chris Kinney, a blended family of six from New Jersey, recently bought a three-bedroom house in Essex County for $800,000 after facing challenges due to market competition and initial budget constraints.

Progress

32% Bias Score

Reduced Inequality
faz.net
🌐 65% Global Worthiness
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Uneven Fiber Internet Expansion in Grünberg Due to Low Population Density

Grünberg, Germany, faces challenges expanding fiber internet to its small, dispersed villages due to low population density, impacting economic viability for providers; Deutsche Telekom expanded in the main town (6000 residents), but Goetel, facing contractor and personnel issues, struggles in the o...

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
lefigaro.fr
🌐 65% Global Worthiness
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Maisons du Monde Announces 91 Job Cuts Amidst Declining Sales

French furniture retailer Maisons du Monde announced 91 job cuts at its Paris and Nantes headquarters, primarily targeting voluntary departures, to address declining sales and implement its "Inspire everyday" cost-reduction plan, aiming to regain growth by 2025-2026.

Progress

36% Bias Score

Decent Work and Economic Growth