Tag #Economy

smh.com.au
🌐 75% Global Worthiness
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Australian Sharemarket Falls Amid Weakening Commodity Prices

The Australian sharemarket dropped 0.6 percent to 8,379.6 points on Thursday due to weakening commodity prices, despite US technology stock gains; mining stocks underperformed, with BHP and Rio Tinto falling 1.6 percent and 1.4 percent respectively; the government invested $50 million in Rex Airline...

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24% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Unpaid Internships Exacerbate Socioeconomic Inequality in Career Access

A Sutton Trust report reveals that 55% of middle-class graduates had internships compared to 36% of working-class graduates, widening the inequality gap since 2018, with 61% of internships being unpaid or underpaid, mostly in real estate, construction, IT, finance, and legal sectors.

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52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Imperial Metals Defends Mount Polley Spill as Non-Toxic Amidst Fisheries Act Charges

Imperial Metals president Brian Kynoch claims the Mount Polley mine tailings spill, which released 25 million cubic metres of material into B.C. waterways on Aug. 4, 2014, was not toxic, despite facing 15 Fisheries Act charges for alleged breaches resulting in serious harm to fish; however, independ...

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56% Bias Score

Life Below Water
edition.cnn.com
🌐 75% Global Worthiness
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Nepal Hikes Mount Everest Permit Fees by 36%

Nepal raised Mount Everest climbing permit fees by 36%, increasing the spring season cost to \$15,000, effective September, to boost tourism revenue and potentially improve safety and environmental protection on the mountain.

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32% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
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CFPB Director Chopra Remains in Post Despite Trump Administration's House Cleaning

Rohit Chopra, CFPB director appointed by the Biden administration, remains in office despite the change in presidential administration, continuing his consumer-focused policies, which include tackling junk fees and overdraft penalties, and removing medical debt from credit reports, even after packin...

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44% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Crypto Investor Turns Bearish on Bitcoin, Reducing Holdings

A crypto investor, bearish on Bitcoin's short-term prospects, predicts a price peak around \$120,000-\$150,000 and is reducing their holdings, citing concerns about Bitcoin's long-term dominance and regulatory headwinds, while anticipating greater returns from blockchain application development.

Progress

52% 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.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Australia: Gender Equality Targets or Government Funding Loss

Proposed Australian laws mandate gender equality targets for businesses with 500+ employees within three years, with penalties including ineligibility for government contracts and funding for non-compliance; employer groups oppose the laws, citing unfair competition and compliance burdens, while the...

Progress

52% Bias Score

Gender Equality
bbc.com
🌐 75% Global Worthiness
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UK Pensioners Face Hardship After Winter Fuel Payment Cuts

Due to changes in eligibility, 11 million UK pensioners lost their winter fuel payment (up to £300), forcing many into debt as energy costs soar; Age UK saw a 60% rise in calls during the cold snap.

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48% Bias Score

No Poverty
abcnews.go.com
🌐 75% Global Worthiness
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Stellantis to Reopen Illinois Plant, Build Durango in Detroit

Stellantis will reopen its Belvidere, Illinois assembly plant in 2027, creating 1,500 jobs to produce a new midsize pickup truck, and will build the next-generation Dodge Durango in Detroit following a dispute with the United Auto Workers union.

Progress

48% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Home Equity Loans in 2025: Weighing Risks and Rewards

In 2025's rising inflation environment, homeowners with an average \$320,000 in home equity are considering loans (8.40% interest) versus higher-interest personal loans (nearly 13%) and credit cards (almost 23%), but must responsibly manage repayment to avoid losing their homes.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Insurance Companies Prioritize Customer Engagement, Boosting Shareholder Returns

Major insurers are dramatically improving customer engagement, evidenced by programs like John Hancock Vitality (89% of buyers prefer it) and Aflac's dedicated cancer claim support, driven by research showing customer experience leaders significantly outperform competitors in shareholder returns (Mc...

Progress

40% Bias Score

Good Health and Well-being