Tag #Economy

cbsnews.com
🌐 45% Global Worthiness
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Home Equity Loans vs. HELOCs in 2025: Assessing Financial Risks

Homeowners can access home equity through loans (fixed rates) or HELOCs (variable rates), both currently cheaper than other loan types; the best choice depends on predicted interest rate movements in 2025, with foreclosure a risk if repayments fail.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 90% Global Worthiness
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Mercuria-Backed $1.5 Billion Initiative to Protect the Amazon

Backed by Mercuria, a $1.5 billion initiative called "Race to Belém" will sell carbon credits to protect the Amazon rainforest, working with Brazilian states, farmers, and local communities to prevent deforestation, starting immediately and expanding over 3-5 years.

Progress

36% Bias Score

Climate Action
theglobeandmail.com
🌐 90% Global Worthiness
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Trump Delays Tariffs, Threatens New Duties on China and EU

On February 1, President Trump threatened 10% tariffs on Chinese imports due to fentanyl trafficking and additional tariffs on the European Union for trade imbalances, delaying previously announced tariffs on Canada and Mexico, citing 300 daily fentanyl overdose deaths in the U.S. as justification.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 90% Global Worthiness
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Trump Threatens Tariffs, Reverses Green Energy Funding

President Trump threatened 10% tariffs on Chinese goods starting February 1st, citing fentanyl trafficking, and also plans tariffs on the EU due to a $350 billion trade deficit; he also halted $300 billion in green energy funding and withdrew from the global minimum corporate tax agreement, while la...

Progress

48% Bias Score

Reduced Inequality
faz.net
🌐 90% Global Worthiness
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Stargate: $500 Billion AI Data Center Project Launched

OpenAI, Oracle, and Softbank announced a $500 billion, four-year initiative called Stargate to build AI data centers in Texas, led by Masayoshi Son, aiming to secure US AI leadership and create hundreds of thousands of jobs, with potential energy consumption concerns.

Progress

48% Bias Score

Decent Work and Economic Growth
aljazeera.com
🌐 90% Global Worthiness
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Trump's Return Threatens Canada's Economy

President Trump's return to the White House threatens Canada's $2.1 trillion economy with potential 25 percent tariffs on Canadian exports to the US, exacerbating existing domestic pressures such as slow growth, a housing crisis, and public discontent, creating a volatile political climate ahead of ...

Progress

60% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 20% Global Worthiness
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French Village Protests Planned Wood Pellet Factory

A planned wood pellet factory in Estadens, Haute-Garonne, France, faces strong local opposition due to concerns over increased truck traffic and environmental impact, sparking a petition with 3,130 signatures.

Progress

60% Bias Score

Sustainable Cities and Communities
us.cnn.com
🌐 90% Global Worthiness
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Stargate Project: $100 Billion US AI Infrastructure Investment Announced

OpenAI, SoftBank, and Oracle announced a $100 billion (with potential expansion to $500 billion) project called Stargate to build AI infrastructure in the US, creating 100,000 jobs, aiming to surpass China in AI development, and potentially securing US national security.

Progress

60% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 90% Global Worthiness
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Goldman Sachs Deploys Generative AI Assistant, Potentially Impacting 200,000 Finance Jobs

Goldman Sachs is rolling out a generative AI assistant to 10,000 employees, aiming for company-wide access this year; the tool will initially handle tasks like email summarization and code translation, eventually evolving to perform complex tasks autonomously, potentially impacting up to 200,000 job...

Progress

40% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 90% Global Worthiness
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Trump's Return: Investigations Replace Immediate Tariffs, Uncertainty Remains

On his first day back in office, President Trump initiated investigations into unfair subsidies and currency manipulation by China, Europe, Mexico, and Canada, instead of imposing immediate import tariffs as previously threatened, causing initial market relief but also uncertainty.

Progress

48% Bias Score

Reduced Inequality
pt.euronews.com
🌐 90% Global Worthiness
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Trump's $500 Billion AI Investment Sparks Market Volatility

President Trump announced a $500 billion AI infrastructure investment called "Stargate", involving OpenAI, Oracle, and Softbank, to bolster US leadership in AI development against China, prioritizing fossil fuels over renewable energy, causing mixed market reactions.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
🌐 90% Global Worthiness
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EU Vows Proportionate Response to Potential US Tariffs

The EU will proportionately retaliate against any U.S. tariffs, as stated by its economy commissioner, highlighting the risk of global economic downturn if U.S.-EU trade relations deteriorate; in 2023, the EU exported over \$522 billion in goods to the U.S., exceeding imports.

Progress

36% Bias Score

Decent Work and Economic Growth