Tag #Economy

bbc.com
🌐 90% Global Worthiness
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Trump Announces $500 Billion Private Investment in US AI Infrastructure

President Trump announced a $500 billion private-sector investment in US AI infrastructure, dubbed "Stargate," projected to create 100,000 jobs and spearheaded by OpenAI, Oracle, SoftBank, and Arm, with $100 billion immediately allocated.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
theglobeandmail.com
🌐 90% Global Worthiness
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Mercuria-Backed $1.5 Billion Initiative to Protect the Amazon

Backed by Mercuria, a $1.5 billion initiative called "Race to Belém" will sell carbon credits to protect the Amazon rainforest, working with Brazilian states, farmers, and local communities to prevent deforestation, starting immediately and expanding over 3-5 years.

Progress

36% Bias Score

Climate Action
pt.euronews.com
🌐 90% Global Worthiness
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Trump's $500 Billion AI Investment Sparks Market Volatility

President Trump announced a $500 billion AI infrastructure investment called "Stargate", involving OpenAI, Oracle, and Softbank, to bolster US leadership in AI development against China, prioritizing fossil fuels over renewable energy, causing mixed market reactions.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
gr.euronews.com
🌐 85% Global Worthiness
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Europe's Unity and Self-Reliance in Response to Trump Presidency

At a Euronews event in Davos, European leaders discussed bolstering unity and competitiveness amidst President Trump's inauguration, emphasizing increased defense spending, digital investments, and deeper integration to counter potential US isolationism.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
tr.euronews.com
🌐 85% Global Worthiness
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EU Diversifies Trade to Counter US Tariff Threats

The EU is rapidly forging new trade deals with Mexico, Malaysia, India, Mercosur, and Switzerland to counteract potential US tariffs, seeking to diversify export markets and mitigate economic risks.

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Netflix's Record Subscriber Growth Fuels Price Hikes and Stock Surge

Netflix added a record 18.9 million subscribers in Q4 2024, exceeding expectations due to live sports and "Squid Game," prompting price increases across various plans in the US, Canada, Portugal, and Argentina and resulting in a 13 percent stock surge.

Progress

12% Bias Score

Reduced Inequality
theguardian.com
🌐 90% Global Worthiness
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Trump Threatens Tariffs, Reverses Green Energy Funding

President Trump threatened 10% tariffs on Chinese goods starting February 1st, citing fentanyl trafficking, and also plans tariffs on the EU due to a $350 billion trade deficit; he also halted $300 billion in green energy funding and withdrew from the global minimum corporate tax agreement, while la...

Progress

48% Bias Score

Reduced Inequality
faz.net
🌐 90% Global Worthiness
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Stargate: $500 Billion AI Data Center Project Launched

OpenAI, Oracle, and Softbank announced a $500 billion, four-year initiative called Stargate to build AI data centers in Texas, led by Masayoshi Son, aiming to secure US AI leadership and create hundreds of thousands of jobs, with potential energy consumption concerns.

Progress

48% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 90% Global Worthiness
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Goldman Sachs Deploys Generative AI Assistant, Potentially Impacting 200,000 Finance Jobs

Goldman Sachs is rolling out a generative AI assistant to 10,000 employees, aiming for company-wide access this year; the tool will initially handle tasks like email summarization and code translation, eventually evolving to perform complex tasks autonomously, potentially impacting up to 200,000 job...

Progress

40% Bias Score

Decent Work and Economic Growth
apnews.com
🌐 85% Global Worthiness
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Netflix Q4 2024 Results: Record Subscriber Growth Fueled by Live Programming

Netflix added nearly 19 million subscribers in Q4 2024, exceeding expectations due to live programming such as a Jake Paul boxing match and NFL games; revenue reached \$10.2 billion, up 16% year-over-year, and the company announced price increases in several markets.

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Smithfield Foods Targets $10.73 Billion Valuation in Landmark IPO

Smithfield Foods, the largest U.S. pork processor, is targeting a $10.73 billion valuation in its New York IPO, its largest since 2021, raising up to $939.6 million by offering 17.4 million shares priced between $23 and $27; the company plans to reduce pig production by 21% in 2024 compared to this ...

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle

Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.

Progress

52% Bias Score

Decent Work and Economic Growth