Tag #Economy

kathimerini.gr
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Volkswagen's Collaborative Cost Cuts Raise Investor Doubts

Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Germany Needs Economic Growth, Finance Minister Says

German Finance Minister Jörg Kukies, in a CNBC interview at the Davos World Economic Forum, highlighted the need for economic growth to address Germany's declining GDP in 2023 and 2024, advocating for targeted reforms to the debt brake and stronger trade ties with the U.S. while acknowledging the up...

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36% Bias Score

Decent Work and Economic Growth
npr.org
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Netflix Reports Record Subscriber Growth, Announces Price Hike

Netflix reported a record 19 million new subscribers in Q4 2024, reaching 302 million globally, driven by live sports and popular shows; however, the company also announced across-the-board price increases in the U.S., ranging from $1 to $2.50 per subscription tier.

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40% Bias Score

Reduced Inequality
cnbc.com
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IRS to Enforce 2025 Inherited IRA Penalties

In 2025, the IRS will enforce penalties for missed required minimum distributions (RMDs) from inherited IRAs for non-spouse beneficiaries who inherit from an IRA owner who reached RMD age before death, impacting adult children and others; they must empty the account within 10 years with yearly withd...

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44% Bias Score

Reduced Inequality
kathimerini.gr
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Greek Citizen Reporting Leads to €2 Billion in Additional Tax Revenue

Over 75,000 Greek citizens reported tax evasion, customs violations, and corruption in 2024 through a government platform, generating €2 billion in additional revenue and contributing to a 50% reduction in the VAT gap. A receipt-scanning app, used by over 300,000 people, further aided in detection.

Progress

44% Bias Score

Reduced Inequality
cnbc.com
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Record Inflows into Bank Loan and CLO ETFs Driven by Yield-Seeking Investors

Driven by the hunt for higher yields amid a changing interest rate environment, investors poured a record $25.6 billion into bank loan and CLO ETFs in 2024, contributing to $87 billion in risk-on credit flows; however, heavy exposure to these short-duration instruments carries risks.

Progress

44% Bias Score

Reduced Inequality
abcnews.go.com
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Price Gouging Charges Filed Amid Southern California Wildfires

California Attorney General Rob Bonta charged a real estate agent with price gouging after a 38% rent increase for fire victims, exceeding the legal limit; over 500 warning letters were issued for similar violations during the ongoing Southern California wildfires, resulting in at least 28 deaths an...

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40% Bias Score

Reduced Inequality
jpost.com
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Health Start-ups Tackle Financial Strain in European and Israeli Healthcare

Facing rising costs and aging populations, European and Israeli public healthcare systems are undergoing a transformation in 2025, with health start-ups offering cost-effective medical devices and digital health platforms to improve efficiency and patient care; in Germany, a 13% cost increase led to...

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36% Bias Score

Good Health and Well-being
cnbc.com
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Davos CEOs Discuss AI's Impact, Anticipate Increased Deal-Making Under Trump

At the World Economic Forum in Davos, CEOs from CrowdStrike, Goldman Sachs, Microsoft, and Salesforce discussed the impact of AI on their businesses, with predictions of increased deal-making under a potential Trump administration and concerns over cybersecurity.

Progress

52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Dimon Warns of Overvalued US Assets Amid Post-Election Market Surge

JPMorgan Chase CEO Jamie Dimon warned of overvalued US assets on Wednesday at the Davos World Economic Forum, citing inflated prices and the need for strong performance to justify them; this follows a 4.6% S&P 500 increase after Trump's reelection and a Bank of America survey showing investor optimi...

Progress

40% Bias Score

Reduced Inequality
forbes.com
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AI Career Coaching Platform Teal Raises \$7.5 Million, Doubles User Base

Teal, an AI-powered career platform, raised \$7.5 million in Series A funding, doubled its user base to one million in 2024, and generated \$4.2 million in revenue, offering services like AI interview prep and job matching to help users navigate the job market.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Competitive US Retail Market Drives Five Key Trends in 2025

In 2025, the US retail real estate market shows a 4.1% national vacancy rate, but prime locations have far lower vacancy. Five trends are emerging: smaller stores, experiential retail, tailored geographical expansion, data-driven site selection, and a suburb-first approach, reflecting changing consu...

Progress

24% Bias Score

Decent Work and Economic Growth