Tag #Economy

zeit.de
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Trump Challenges EU in Davos Address

President Trump, addressing the World Economic Forum in Davos via video conference, criticized the EU's slow bureaucracy and unfair trade practices, advocating for US manufacturing with low taxes but potential tariffs for non-compliant companies.

Progress

52% Bias Score

Decent Work and Economic Growth
cnnespanol.cnn.com
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China's EV Revolution: Reshaping Cities and Global Energy

China's electric vehicle sales surged to 11 million in 2024, a 40% increase from 2023, leading to decreased oil demand and quieter cities, contrasting with the US approach under Trump.

Progress

52% Bias Score

Climate Action
dailymail.co.uk
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Herald Investment Trust Defeats Takeover Bid, Exposing Regulatory Gaps

Minority investors in Herald Investment Trust overwhelmingly rejected a takeover bid by Saba's Boaz Weinstein, highlighting shortcomings in industry body AIC, regulator FCA, and investment platforms' responses; the vote's success impacts six other targeted trusts.

Progress

44% Bias Score

Reduced Inequality
gr.euronews.com
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Schneider Electric Tops Global Sustainability Ranking

Corporate Knights named Schneider Electric the world's most sustainable company in its annual Global 100 index, ranking 8,359 companies with over \$1 billion in revenue based on sustainability and ethical factors; the index, however, underperformed the MSCI ACWI in 2024.

Progress

44% Bias Score

Responsible Consumption and Production
jpost.com
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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
forbes.com
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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
sueddeutsche.de
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Trump Threatens Tariffs, Promises US Economic Dominance at Davos

President Trump, addressing the World Economic Forum via video, threatened import tariffs unless products are made in America, announced a massive Saudi Arabian investment, and plans to make the US a superpower in AI and cryptocurrency, while simultaneously promoting domestic oil and gas production,...

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
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Netflix's Record Subscriber Growth Exposes Traditional Media's Struggle

Netflix reported record-breaking subscriber growth of 19 million in Q4 2023, reaching 302 million total subscribers and an 8.5% market share, contrasting sharply with layoffs at CNN and downsizing at NBC, whose streaming services hold significantly smaller market shares.

Progress

64% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump Initiates Trade Deficit Investigations, Raising Stakes for Mexico and Canada

President Trump, despite delaying a 25% tariff on Mexican and Canadian imports, initiated investigations into US trade deficits, potentially using tariffs as leverage for trade renegotiations by April 1st. This has significant implications for global trade and US-Canada relations.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
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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
cnbc.com
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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
cnbc.com
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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