Tag #Economy

forbes.com
🌐 85% Global Worthiness
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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

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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BYD's European EV Push: Challenges and Geopolitical Risks

BYD, a leading Chinese electric vehicle manufacturer, is expanding its European sales with models like the Dolphin hatchback, but faces challenges including limited high-speed range and software issues, despite a cost advantage and planned production in Hungary and Turkey to circumvent EU tariffs.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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U.S. Auto Market Shifts: Sedan Demand Rises, EVs Persist, Korean Brands Gain

A new report forecasts a decline in U.S. demand for trucks and SUVs, a rise in electric vehicle adoption despite recent policy changes, and increased market share for Korean automakers, creating uncertainty within the industry.

Progress

40% Bias Score

Responsible Consumption and Production
repubblica.it
🌐 75% Global Worthiness
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Global EV Growth Slows Amidst Price Drops, Italy Lags Behind

Jato Dynamics' study reveals slowing global EV growth in 2024, despite price drops in Europe, China, and the US; while Italian EV prices are 25% higher than ICE vehicles, the gap will narrow in 2025 with new affordable models, but remain significantly higher compared to China.

Progress

40% Bias Score

Affordable and Clean Energy
taz.de
🌐 75% Global Worthiness
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German Court Upholds Tübingen's Takeaway Packaging Tax

Germany's Federal Constitutional Court upheld Tübingen's three-year-old tax on single-use takeaway packaging, reversing a prior ruling and potentially prompting other municipalities to follow suit; the city anticipates €700,000 in annual revenue.

Progress

56% Bias Score

Responsible Consumption and Production
repubblica.it
🌐 75% Global Worthiness
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Italian Cultural Spending Rebounds, but Regional Disparities Persist

Italy's cultural spending rebounded by 30% since 2022, reaching €86 monthly, driven by live events exceeding pre-pandemic levels; however, regional disparities and innovation gaps remain.

Progress

32% Bias Score

No Poverty
cnbc.com
🌐 85% Global Worthiness
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Record S&P 500 High Amidst AI Investment Uncertainty and Media Layoffs

The S&P 500 hit a record high Wednesday, but Elon Musk questioned a new $500 billion AI investment plan announced by President Trump, while CNN and NBC News plan layoffs and Electronic Arts lowered its guidance.

Progress

60% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Trump's Executive Orders to Delay Tax Refunds

President Trump's executive orders mandating a return-to-office policy and imposing a hiring freeze on federal employees will likely delay tax refunds this year, impacting the IRS's ability to process returns efficiently due to reduced staffing and operational challenges.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Intuitive Surgical Earnings Preview: Record High, Volatility Expected

Intuitive Surgical (ISRG) is scheduled to release its Q[quarter] earnings after Thursday's market close; analysts predict $1.77 EPS on $2.21 billion in revenue, while the whisper number is $2.02 EPS; the stock is highly sensitive to results and recently reached a record high.

Progress

48% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 75% Global Worthiness
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Weinstein's Bid to Oust Herald Investment Trust Board Fails

Shareholders of the £1.3 billion Herald Investment Trust overwhelmingly rejected a proposal by Boaz Weinstein's Saba Capital to replace the board, dealing a major blow to Weinstein's campaign targeting seven London-listed trusts and highlighting strong shareholder engagement.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Actively Managed ETFs Rise in Canada

Canada launched the world's first ETF in 1990, and today actively managed ETFs constitute over half of the approximately 1,500 ETFs listed in Canada, representing a significant shift from a decade ago, though passive ETFs still hold the majority of assets.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spanish ESO Completion Rate: Stagnation Claim Refuted, Exposing Systemic Inequalities

Analysis reveals that claims of stagnation in Spain's ESO completion rate are false; data shows a slight increase, but significant disparities exist between public and private schools, particularly in Madrid, highlighting inequitable resource allocation and a narrative that blames students for syste...

Progress

56% Bias Score

Quality Education