Tag #Economy

smh.com.au
🌐 85% Global Worthiness
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US Stocks Soar on Inflation Data, Big Tech Gains

US stock indexes closed their best week in two months on Friday, with the S&P 500 up 1 percent, the Dow Jones up 0.8 percent, and the Nasdaq up 1.5 percent; this rally was fueled by strong performances from Big Tech companies and positive inflation news, raising hopes for further interest rate cuts ...

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Conflicting American Dreams: Equality vs. Wealth on Inauguration Day

The January 20, 2025, inauguration juxtaposes Dr. Martin Luther King Jr.'s vision of equality with President Trump's focus on wealth accumulation, as illustrated by the fact that the Forbes 400 billionaires' collective wealth exceeds that of 41 million Black Americans.

Progress

64% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 85% Global Worthiness
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US Replaces China as Germany's Top Trading Partner Amidst Trade War Concerns

In 2024, US-German trade reached €255 billion, exceeding trade with China by €8 billion, making the US Germany's top trading partner for the first time since 2016; however, this also raises concerns about potential trade conflicts and their impact on the German economy.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Meerlust Estate: From Parisian Fashion Shows to Global Wine Success

Hannes Myburgh, 8th-generation owner of Meerlust Estate in Stellenbosch, South Africa, transformed his family's winery after a 1970s experience at Château Lafite Rothschild, leading to international acclaim for their wines and a worker-empowerment program.

Progress

40% Bias Score

Decent Work and Economic Growth
lentreprise.lexpress.fr
🌐 85% Global Worthiness
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China's Record Trade Surplus Threatens Global Competitors

China's export surge in 2024, exceeding expectations by 7%, leads to a record trade surplus, threatening global competitors and prompting concerns about further European deindustrialization, while China seeks new markets in developing nations.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Cryptocurrency Token Soars, Raising Conflicts of Interest Concerns

President-elect Donald Trump's new cryptocurrency token, launched just before his inauguration, rapidly increased in value from \$10 to approximately \$70, raising concerns about potential conflicts of interest and market manipulation, with 200 million coins currently available and plans for 1 billi...

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Job Insecurity Fuels Rise of Freelancing and Side Hustles

Recent layoffs and a decrease in workplace flexibility are driving a surge in professionals adopting side hustles and freelancing, with 65% of freelancers reporting increased financial security and projections showing the freelance workforce reaching 50.9% of the U.S. workforce by 2027.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump's Crypto Agenda: High Hopes, Potential Roadblocks

President Trump's inauguration raises expectations for pro-crypto executive orders addressing debanking, SAB 121 repeal, and a bitcoin reserve, but Congress, courts, and competing priorities could hinder swift implementation, potentially resulting in a more volatile 2025 than anticipated.

Progress

40% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 85% Global Worthiness
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IBC Secures NIS 250 Million for Network Expansion Amidst Shareholder Dispute

IBC Unlimited secured NIS 250 million in funding from Migdal and Discount Bank to expand its fiber optic network to 2.4 million households, a move contested by shareholder Cellcom who alleges that the decision is based on a flawed assumption and serves the personal interests of other shareholders.

Progress

60% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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FTC Accuses PBMs of \$8.7 Billion in Price Gouging

The FTC released a report accusing the three largest Pharmacy Benefit Managers (PBMs)—OptumRx, Express Scripts, and CVS Caremark—of marking up specialty generic drug prices by over \$7.3 billion from 2017-2022, and an additional \$1.4 billion through spread pricing, ultimately increasing patient cos...

Progress

24% Bias Score

No Poverty
faz.net
🌐 85% Global Worthiness
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EU Suspends Deficit Procedure Against France

The EU suspended its deficit procedure against France, accepting a revised budget plan projecting a 5.4% deficit this year, aiming for under 3% by 2029, to avoid destabilizing France's fragile political climate.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Trump Tariffs: Reshaping Startup Strategies

The Trump administration's tariffs significantly impacted startups by increasing costs for imported goods, prompting supply chain adjustments and creating both challenges and opportunities in various sectors, mirroring the effects of the Smoot-Hawley Tariff Act.

Progress

36% Bias Score

Decent Work and Economic Growth