Tag #Economy

theglobeandmail.com
🌐 75% Global Worthiness
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BC Accelerates Renewable Energy Amid US Tariff Threat

British Columbia is accelerating renewable energy development, signing a deal for 200 megawatts of wind power to reduce reliance on US electricity amid threatened tariffs and recent power shortages, aiming for energy independence and meeting growing demand.

Progress

36% Bias Score

Affordable and Clean Energy
liberation.fr
🌐 75% Global Worthiness
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French Home Renovations Drop 35% Despite Increased Funding

France saw a 35% decrease in total home renovations in 2024 (403,155 vs 623,790 in 2023), despite a rise in aid to 3.77 billion euros. Large-scale energy renovations increased by 27.59% (91,374), improving energy efficiency by 65% on average. This trend reflects a shift towards higher-impact project...

Progress

36% Bias Score

Climate Action
forbes.com
🌐 75% Global Worthiness
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SoFi Exceeds Q3 Expectations Amidst Analyst Uncertainty

SoFi, a financial services platform, exceeded Q3 2024 revenue and earnings expectations, reporting $697 million in revenue and 5 cents GAAP EPS, while its customer count grew by a third to over 10 million; however, its stock price, at $18.10, remains below its peak, and analysts have mixed views on ...

Progress

44% Bias Score

Reduced Inequality
edition.cnn.com
🌐 75% Global Worthiness
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US Existing Home Sales Plunge to Near Three-Decade Low in 2024

US existing home sales in 2024 fell to 4.06 million, the lowest since 1995, driven by high home prices (median $407,500) and mortgage rates (peaking at 7.22%), despite a slight December rise; a housing shortage of 3.7 million units and the 'lock-in effect' further constrain the market.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Great Flattening Trend" Reshapes US Workplaces

U.S. companies are eliminating middle management layers ("The Great Flattening Trend") to cut costs and boost efficiency, impacting employee morale and professional development, with mixed results reported by companies like Bayer and Novartis, and differing opinions among experts.

Progress

44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 65% Global Worthiness
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Restructuring Boosts Bavarian Retail Sales Despite Employment Drop

Bavarian retail sales increased by 5 percent in 2024 due to a significant online sales increase from a single company's restructuring, despite a 1.1 percent employment drop—the largest in years, affecting the food sector most significantly, and a poor Christmas season.

Progress

32% Bias Score

Decent Work and Economic Growth
faz.net
🌐 75% Global Worthiness
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BASF Misses Q4 Profit Targets Amidst Battery Chemical Write-Downs and Restructuring

BASF's Q4 2023 results revealed a €3.2 billion profit miss despite meeting revenue and earnings expectations, primarily due to write-downs in battery chemicals and restructuring costs at its Ludwigshafen site, prompting the company to seek alliances and partnerships.

Progress

24% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Act Now: Lock in Low Home Equity Loan Rates Before Fed Meeting

Homeowners can benefit from securing a home equity loan now due to relatively low interest rates (8.57% for a 15-year loan) before potential rate hikes following the January Federal Reserve meeting; the average homeowner has $320,000 in equity.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Marriage vs. Domestic Partnership: Weighing Financial and Legal Ramifications

Marriage versus domestic partnership: A couple weighs tax implications, estate planning, inheritance, health insurance, Social Security benefits, asset/debt treatment, and legal proceedings before deciding.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Inflation and the Case for a Gold Standard

The article analyzes the causes of US inflation, contrasting the current system with the historical gold standard, arguing that a return to the gold standard is the only viable solution to control inflation.

Progress

68% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russian Vegetable Prices Surge Amidst Harvest Shortfall

In 2024, potato prices in Russia skyrocketed by 92%, onions by 48.2%, and cabbage by 44.7%, due to a low harvest resulting from unfavorable weather and reduced planting areas caused by low profitability in previous years; however, buckwheat prices dropped by 15% and eggs by 11.16%.

Progress

48% Bias Score

Zero Hunger
smh.com.au
🌐 65% Global Worthiness
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Queensland Faces \$217.8 Billion Debt Projection, Premier Assures Public Servants

Queensland's debt is projected to hit \$217.8 billion by 2027-28, prompting Premier Crisafulli to assure public servants of job security despite Treasurer Janetzki's warning of a potential credit rating downgrade, a claim the opposition calls exaggerated.

Progress

40% Bias Score

Decent Work and Economic Growth