Tag #Economy

bbc.com
🌐 85% Global Worthiness
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Argentina's Peso Strengthens, but Prices Soar in US Dollars

Argentina's peso appreciation, driven by President Milei's anti-inflation measures, has unexpectedly increased prices of goods in US dollars, impacting purchasing power and competitiveness, while the government maintains that the peso is not overvalued.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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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
cnbc.com
🌐 85% Global Worthiness
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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...

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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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
kathimerini.gr
🌐 85% Global Worthiness
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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
npr.org
🌐 85% Global Worthiness
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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.

Progress

40% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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Dutch Pension Fund Considers €5 Billion Divestment from BlackRock Over Climate Concerns

Dutch pension fund PME is considering withdrawing approximately €5 billion from BlackRock due to concerns about the firm's reduced commitment to climate-focused investing, prompting a letter seeking clarification and potentially shifting investments to another firm.

Progress

44% Bias Score

Climate Action
nos.nl
🌐 85% Global Worthiness
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Dutch Pension Fund PME Considers €5 Billion Divestment from BlackRock over Climate Concerns

PME, a major Dutch pension fund, is considering withdrawing €5 billion in assets managed by BlackRock due to BlackRock's reduced climate engagement, raising concerns about alignment with PME's sustainability goals.

Progress

44% Bias Score

Climate Action
cnbc.com
🌐 85% Global Worthiness
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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
jpost.com
🌐 85% Global Worthiness
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Elbit Systems' Stock Soars Amidst Global Defense Spending Surge

Elbit Systems' share price has soared 70% since June to record highs, reaching a $13.3 billion market cap, fueled by increased global defense budgets and strong demand for its products, particularly in Israel following the recent conflict; despite a ceasefire, continued growth is expected.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
welt.de
🌐 85% Global Worthiness
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Austrian Authorities Arrest René Benko on Asset Concealment Charges

Austrian authorities arrested René Benko, founder of the insolvent Signa Group, at his Innsbruck villa on suspicion of concealing assets from creditors and authorities; investigations also involve a Munich project with alleged misappropriation of funds from a foreign sovereign wealth fund, totaling ...

Progress

48% Bias Score

Reduced Inequality