S&P 500 Hits New High Amid Strong Earnings, While Other Indices Lag
On Wednesday, the S&P 500 briefly hit a new intraday high of over 6,100, closing at 6,086.37, driven by strong performances from Netflix (up nearly 10% after exceeding subscriber expectations), Amazon (setting a record close), and Travelers (jumping 3% after reporting record net written premiums), w...
S&P 500 Hits New High Amid Strong Earnings, While Other Indices Lag
On Wednesday, the S&P 500 briefly hit a new intraday high of over 6,100, closing at 6,086.37, driven by strong performances from Netflix (up nearly 10% after exceeding subscriber expectations), Amazon (setting a record close), and Travelers (jumping 3% after reporting record net written premiums), w...
Progress
44% Bias Score
Trump's Inauguration Overshadows Davos, Raising Global Economic Uncertainty
Trump's inauguration and the Davos forum, both attended by global elites, highlighted contrasting approaches to economic policy: Trump's focus on domestic issues and transactional diplomacy overshadowed the forum, raising concerns about global market stability and potential trade disputes.
Trump's Inauguration Overshadows Davos, Raising Global Economic Uncertainty
Trump's inauguration and the Davos forum, both attended by global elites, highlighted contrasting approaches to economic policy: Trump's focus on domestic issues and transactional diplomacy overshadowed the forum, raising concerns about global market stability and potential trade disputes.
Progress
48% Bias Score
EU Awaits Trump's Second Term: Pragmatism and Preparedness in Trade Relations
On Donald Trump's second inauguration, the EU faced no immediate trade shocks, despite earlier tariff threats; the EU is adopting a pragmatic strategy, seeking cooperation while defending its interests, particularly regarding technology regulations and energy trade.
EU Awaits Trump's Second Term: Pragmatism and Preparedness in Trade Relations
On Donald Trump's second inauguration, the EU faced no immediate trade shocks, despite earlier tariff threats; the EU is adopting a pragmatic strategy, seeking cooperation while defending its interests, particularly regarding technology regulations and energy trade.
Progress
36% Bias Score
Lutnick to Divest from Businesses Before Leading Commerce Department
President Trump's nominee for Commerce Secretary, Howard Lutnick, will divest from Cantor Fitzgerald, BGC Group, and Newmark Group to avoid conflicts of interest, despite retaining significant assets and advocating for tariffs.
Lutnick to Divest from Businesses Before Leading Commerce Department
President Trump's nominee for Commerce Secretary, Howard Lutnick, will divest from Cantor Fitzgerald, BGC Group, and Newmark Group to avoid conflicts of interest, despite retaining significant assets and advocating for tariffs.
Progress
40% Bias Score
European Venture Capital Investment Dips Despite AI Boom
European venture capital investments decreased in 2024 to 9,600 deals from 11,408 in 2023, despite increased individual deal values, driven by a boom in AI investments (€14.6 billion) and a rise in venture debt (€17.2 billion).
European Venture Capital Investment Dips Despite AI Boom
European venture capital investments decreased in 2024 to 9,600 deals from 11,408 in 2023, despite increased individual deal values, driven by a boom in AI investments (€14.6 billion) and a rise in venture debt (€17.2 billion).
Progress
16% Bias Score
UK Amends Non-Dom Tax Plan Amid Millionaire Exodus
Chancellor Rachel Reeves announced amendments to the UK government's plan to abolish non-dom status, increasing the generosity of the Temporary Repatriation Facility to help non-doms repatriate funds to the UK at a reduced tax rate; this follows concerns about wealthy individuals leaving the UK and ...
UK Amends Non-Dom Tax Plan Amid Millionaire Exodus
Chancellor Rachel Reeves announced amendments to the UK government's plan to abolish non-dom status, increasing the generosity of the Temporary Repatriation Facility to help non-doms repatriate funds to the UK at a reduced tax rate; this follows concerns about wealthy individuals leaving the UK and ...
Progress
52% Bias Score
Infinite Reality Acquires Obsess to Dominate Immersive Commerce
Infinite Reality, a $12.25 billion immersive technology company, acquired Obsess, a leader in virtual commerce, for an undisclosed sum, combining their platforms to leverage AI and accelerate growth in a market projected to reach $1 trillion by 2030.
Infinite Reality Acquires Obsess to Dominate Immersive Commerce
Infinite Reality, a $12.25 billion immersive technology company, acquired Obsess, a leader in virtual commerce, for an undisclosed sum, combining their platforms to leverage AI and accelerate growth in a market projected to reach $1 trillion by 2030.
Progress
40% Bias Score
Foreign Aid Spending Reaches Record High Amidst Announced Cuts
In 2023, foreign aid hit a record high of $223 billion, but eight wealthy nations plan to cut aid by $17.2 billion over five years, with the EU and US also making reductions; this raises questions about the future of foreign aid.
Foreign Aid Spending Reaches Record High Amidst Announced Cuts
In 2023, foreign aid hit a record high of $223 billion, but eight wealthy nations plan to cut aid by $17.2 billion over five years, with the EU and US also making reductions; this raises questions about the future of foreign aid.
Progress
48% Bias Score
Trump's AI Plan Fuels Global Market Surge
Driven by Donald Trump's announced \$500 billion "Stargate" AI investment plan and strong Q4 2024 earnings from Netflix, global markets saw significant gains Wednesday, with major indices like the S&P 500, Dow Jones, and Nasdaq experiencing substantial increases.
Trump's AI Plan Fuels Global Market Surge
Driven by Donald Trump's announced \$500 billion "Stargate" AI investment plan and strong Q4 2024 earnings from Netflix, global markets saw significant gains Wednesday, with major indices like the S&P 500, Dow Jones, and Nasdaq experiencing substantial increases.
Progress
60% Bias Score
China Mandates Increased Stock Investment to Boost Economy
The Chinese government is implementing policies to increase domestic stock investment by pension funds and investment firms by at least 10% annually for the next three years to stimulate consumer spending and counter economic slowdown, with commercial insurance funds required to invest 30% of new pr...
China Mandates Increased Stock Investment to Boost Economy
The Chinese government is implementing policies to increase domestic stock investment by pension funds and investment firms by at least 10% annually for the next three years to stimulate consumer spending and counter economic slowdown, with commercial insurance funds required to invest 30% of new pr...
Progress
36% Bias Score
Austrian Tycoon Arrested in Europe's Largest Corporate Bankruptcy
Austrian real estate magnate René Benko was arrested on Thursday for alleged fraud and false accounting related to the bankruptcy of his Signa Group, which is considered Europe's largest corporate failure, involving €30 billion in debt and investigations in four European countries.
Austrian Tycoon Arrested in Europe's Largest Corporate Bankruptcy
Austrian real estate magnate René Benko was arrested on Thursday for alleged fraud and false accounting related to the bankruptcy of his Signa Group, which is considered Europe's largest corporate failure, involving €30 billion in debt and investigations in four European countries.
Progress
60% Bias Score
Google's AI Search Impacts Businesses
Google's May launch of AI-generated search results, called AI Overviews, has negatively impacted businesses like Kayak that rely on Google search traffic; these companies are adjusting their marketing strategies, increasing spending on sponsored links, and exploring other platforms to counteract the...
Google's AI Search Impacts Businesses
Google's May launch of AI-generated search results, called AI Overviews, has negatively impacted businesses like Kayak that rely on Google search traffic; these companies are adjusting their marketing strategies, increasing spending on sponsored links, and exploring other platforms to counteract the...
Progress
60% Bias Score