Tag #Economy

cbsnews.com
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Home Equity Loans: A Strategic Move to Tackle High-Interest Credit Card Debt in 2025

In 2025, using home equity loans or HELOCs to pay off high-interest credit card debt offers significant financial advantages due to lower (around 8% versus 23%) and fixed interest rates, but carries the risk of home loss if payments are missed.

Progress

52% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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E-commerce Sales Surge in Spain: 18% Growth in 2024

In 2024, Spanish e-commerce sales surged by 18%, outpacing offline growth at 4.5%, reaching a 6.8% market share in consumer goods. This growth is fueled by increased purchasing frequency, larger basket sizes, and higher spending, with senior citizens increasingly adopting online shopping.

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44% Bias Score

Responsible Consumption and Production
dailymail.co.uk
🌐 75% Global Worthiness
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BrewDog Founder Launches £2 Million Reality Show Amid UK Business Climate Concerns

James Watt, BrewDog founder, blames the UK's challenging business environment on the autumn Budget, launching a reality show, "House of Unicorns," with a £2 million prize to support entrepreneurs and counter this trend.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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LNP Proposes $20,000 Tax Deduction for Business Food and Entertainment

Peter Dutton's LNP announced a $20,000 annual tax deduction for small businesses to spend on food and entertainment at clubs, pubs, and restaurants, a proposal that has been widely criticized by economists and commentators as wasteful and potentially costing billions of dollars.

Progress

56% Bias Score

Reduced Inequality
lefigaro.fr
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A concise, factual title that captures the core news value, highlighting the most significant aspect with specificity. Avoid sensationalism and maintain neutrality.

A one-sentence summary answering the key journalistic questions (Who, What, When, Where, Why) with specific details. Ensure it provides unique information not repeated verbatim in other sections.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Broadcasting Rules Spark U.S. Trade Retaliation Fears

U.S. business groups warn Canada's updated broadcasting rules under the Online Streaming Act could trigger U.S. trade retaliation, potentially harming Canadian creative industries and violating the CUSMA trade deal. The CRTC is considering changes to Canadian content definitions, while facing opposi...

Progress

48% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Conto Termico 2.0: €10 Million for Immediate Heating System Rebates

The Italian government's Conto Termico 2.0 program provides a 65% immediate reimbursement for replacing gas heating systems with heat pumps, hybrid boilers, or biomass systems, using approximately €10 million in remaining funds, offering a faster and more advantageous alternative to the reduced Ecob...

Progress

52% Bias Score

Affordable and Clean Energy
theguardian.com
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UK to Crack Down on Welfare Fraud with Driving Ban and Bank Access

The UK government will introduce a bill to combat welfare fraud, allowing the DWP to recover £1.5 billion over five years by suspending driving licenses for those with over £1,000 in unpaid debts and accessing bank statements for debt recovery; the bill also expands Public Sector Fraud Authority pow...

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72% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Home Equity Loans in 2025: A Balanced Risk-Reward Assessment

In 2025's rising inflation environment, homeowners with an average $320,000 home equity consider home equity loans (8.40% interest) or HELOCs, but must weigh this against high personal loan (13%) and credit card (23%) rates, and carefully assess their repayment ability to avoid foreclosure.

Progress

40% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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France Lowers Proposed Air Travel Tax Amid Environmental Concerns

France's new government is considering a lower tax on air travel, reducing expected revenue from €850 million to €750 million, causing concern among environmental groups who fear reduced funding for emission reduction initiatives. This follows a previous government's failed attempt to implement a hi...

Progress

40% Bias Score

Climate Action
lefigaro.fr
🌐 75% Global Worthiness
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French Senate Votes to Eliminate Organic Farming Agency

The French Senate voted to dissolve the Agence Bio, a national agency promoting organic agriculture, saving €2.9 million and transferring its responsibilities to other organizations, despite concerns from industry stakeholders about potential negative impacts on the organic sector.

Progress

48% Bias Score

Responsible Consumption and Production
cincodias.elpais.com
🌐 75% Global Worthiness
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Sareb's Affordable Housing Project Receives No Bids

Sareb's Project Vienna, aiming to construct 3,770 affordable rental homes in Spain through a public-private partnership, received zero bids for its first phase, prompting an analysis to understand the lack of investor interest and potential project adjustments.

Progress

40% Bias Score

Sustainable Cities and Communities