Tag #Economy

cnbc.com
🌐 85% Global Worthiness
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BOJ Poised for Rate Hike Amid Inflation and Yen Weakness

The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...

Progress

40% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Netflix Q4 Earnings Surpass Expectations, Stock Soars 13%

Netflix exceeded Q4 2024 earnings expectations, reporting $10.25 billion in revenue and $4.27 EPS, exceeding forecasts; this success was driven by record subscriber growth (19 million net additions) and a diverse content slate, including "Squid Game" season 2 and live sports; the company's stock soa...

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40% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.

Progress

44% Bias Score

Decent Work and Economic Growth
apnews.com
🌐 85% Global Worthiness
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Trump Meme Coin Launch Shakes Cryptocurrency Industry

President Trump and First Lady Melania Trump launched their own meme coins, creating controversy within the cryptocurrency industry, which hoped for pro-crypto regulation under the Trump administration but now fears that this undermines efforts to legitimize digital assets.

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64% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Sabadell to Return HQ to Catalonia Amid BBVA Takeover

Banco Sabadell plans to return its headquarters to Catalonia on October 25th, 2023, reversing a 2017 move to Alicante due to political instability, amidst a hostile takeover bid by BBVA and following similar moves by four other companies.

Progress

44% Bias Score

Sustainable Cities and Communities
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
us.cnn.com
🌐 85% Global Worthiness
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Trump Threatens 10% Tariff on All Chinese Goods

President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Activist Investor Challenges Board of £1.4 Billion Herald Investment Trust

Boaz Weinstein's Saba Capital is challenging the board of the £1.4 billion Herald Investment Trust, highlighting concerns about corporate governance and shareholder engagement in the UK investment trust sector; similar past events with Alliance Trust, Electra, and Foreign & Colonial demonstrate a re...

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56% Bias Score

Reduced Inequality
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
forbes.com
🌐 85% Global Worthiness
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Lenovo Acquires Infinidat to Expand into High-End Enterprise Storage

Lenovo is acquiring Infinidat, a high-end enterprise storage provider specializing in cyber-resilient, AI-driven solutions, to expand its market reach and compete more effectively against established players like Dell, IBM, and NetApp; the acquisition is expected to close in the second half of 2025.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
news.sky.com
🌐 85% Global Worthiness
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Historical US Tariffs and Government Revenue: A Chart Reveals Limitations

A historical chart showing US federal government revenue from tariffs reveals that for much of the 19th century, tariffs constituted over half of the government's income. However, this system's limits led to the adoption of income tax as government expanded.

Progress

40% 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