Tag #Economy

theglobeandmail.com
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Canadian Churches Find New Life as Modern Venues

Declining church attendance in Canada is prompting the conversion of historic buildings into modern event spaces, restaurants, and concert halls, as seen in Toronto's The Imperial and Hamilton's New Vision United Church.

Progress

44% Bias Score

Sustainable Cities and Communities
cnbc.com
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IRS Free File Program Sees Increased Usage, Extended Through 2029

The IRS Free File program, a public-private partnership offering free federal tax filing to those with an adjusted gross income (AGI) of $84,000 or less in 2024, processed 2.9 million returns through May 11, 2025, a 7.3% increase from the same period in 2024; the program will continue through 2029.

Progress

48% Bias Score

Reduced Inequality
dw.com
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North Macedonia: Minimum Living Costs Rise Despite Government Price Controls

The minimum living cost for a four-member family in North Macedonia increased by 391 denars in January 2024, reaching 63,252 denars, despite a government initiative to lower prices; the Trade Union of Macedonia (SSM) claims this indicates inflation is above 10 percent, far exceeding the official rat...

Progress

56% Bias Score

No Poverty
cnbc.com
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Citi Initiates "Buy" Rating for Curtiss-Wright Stock, Projecting 12% Upside

Citi analyst Jason Gursky initiated a "buy" rating for Curtiss-Wright stock with a $410 price target, citing anticipated growth in global military spending and the company's strong position in the nuclear and aerospace sectors, projecting 13% earnings growth through 2027.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
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Northrop Grumman Stock Surges on Citigroup Upgrade

Northrop Grumman (NOC) stock is rallying sharply following a Citigroup upgrade, breaking above key technical resistance levels and signaling a potential end to a three-month correction.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
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Labour's Levelling Up Shift Faces Deep Regional Divides

The Labour government renamed the Department for Levelling Up, shifting its focus to national living standards; however, a Centre for Cities report reveals persistent regional economic inequalities, with London workers earning 68% more than those in Burnley, highlighting challenges for Labour's appr...

Progress

40% Bias Score

Reduced Inequality
nrc.nl
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Dutch Pension Reform: Mandatory Referendum Proposed

The Dutch NSC and BBB parties proposed a mandatory referendum on the new pension system, allowing participants to vote on the transition, raising concerns about administrative burden, legal challenges, and political feasibility.

Progress

52% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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German Engine Overhaul Facility Expands Amidst Growing Air Travel Demand

N3 Engine Overhaul Services in Arnstadt, Germany, a joint venture between Lufthansa Technik and Rolls-Royce, overhauled a record 155 aircraft engines in 2024 and plans to increase capacity to 250-270 annually by 2026, driven by growing intercontinental flight demand; the €150 million expansion will ...

Progress

4% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Trump's Day One Policies Leave Economic Forecast Unchanged

President Trump's Day One policy announcements had no immediate effect on the short-term economic forecast, although uncertainty remains about the impact of future tariffs on foreign trade; reduced immigration will slightly slow economic growth.

Progress

32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Trump's Tariff Plans Face Public Opposition Amidst Price Hike Fears

Donald Trump's October 2024 interview revealed his fondness for tariffs, but polls show Americans are divided on the issue, with concerns about price hikes and partisan differences influencing support, despite long-standing support for protecting American jobs and addressing unfair trade practices, ...

Progress

36% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Unemployment and Soaring Credit Card Debt Create Financial Crisis for Americans

Rising credit card debt, averaging $8,000 per cardholder, is compounded by unemployment, forcing many Americans into financial hardship due to high-interest rates and prolonged job searches.

Progress

40% Bias Score

No Poverty
kathimerini.gr
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Rising Costs of Long-Term Health Insurance in Greece

In 2023, Greek long-term health insurance policies (255,000, 25% of market) showed a 19.5% claim frequency, averaging €4,560 per claim – up from 17.8% and €4,370 in 2022, driven by complex medical procedures and technological advancements, necessitating premium adjustments while protecting policyhol...

Progress

32% Bias Score

Good Health and Well-being