Tag #Economy

npr.org
🌐 85% Global Worthiness
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LA Wildfires Expose Housing Crisis as Landlords Face Price-Gouging Charges

Following the January 7th Los Angeles wildfires, landlords illegally raised rents by 30-130%, violating California's price-gouging law; tenant organizer Chelsea Kirk's online spreadsheet documenting these increases prompted investigations and legal action against 500 landlords and one realtor.

Progress

20% Bias Score

Reduced Inequality
corriere.it
🌐 85% Global Worthiness
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Markets Defy Doomsday Predictions on Trump's Tariffs

Despite media and economists predicting a catastrophic economic impact from potential new tariffs, financial markets remain calm, suggesting investors believe the tariffs will be a tactical move, possibly for negotiating leverage, and not an economic apocalypse. Trump's past policies and current pol...

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Farm Inheritance Tax Faces Backlash Amidst Food Security Concerns

The UK government's new inheritance tax on farms worth over £1 million is facing strong opposition from farmers and major food retailers due to concerns about food security and the tax's potential impact on family farms. The OBR questions the Treasury's revenue projections, while experts suggest the...

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60% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Social Media Investment Advice Leads to \$20,000 Loss for UK Investor

Amy Ryan, a 43-year-old from Wales, lost approximately \$20,000 after following investment advice from finance influencer Kevin Paffrath, highlighting the risks of relying on social media for financial guidance; the FTC reported nearly \$350 million in related fraud in the first half of 2023, emphas...

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40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Twilio's Bullish Forecast Sends Stock Soaring

Twilio, a cloud communications software company, issued a positive profit forecast for 2025-2027, projecting a 21-22% adjusted operating margin by 2027, exceeding analyst estimates, and $3 billion in free cash flow, fueled by AI integration and expansion into new markets; its stock rose over 10% aft...

Progress

40% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
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Davos 2025: WEF Calls for Global Cooperation Amidst Uncertainty

The 2025 World Economic Forum (WEF) annual meeting in Davos, Switzerland, concluded with a call for increased global cooperation to address economic instability, geopolitical conflicts, and rapid technological progress, as emphasized by WEF President Borge Brende and IMF Director Kristalina Georgiev...

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44% Bias Score

Partnerships for the Goals
chinadaily.com.cn
🌐 85% Global Worthiness
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China's Electricity Consumption Surges on Green Tech Boom

China's electricity consumption rose by 6.8 percent in 2024 to 9.85 trillion kWh, driven by high-tech manufacturing (10.3 percent increase) and electric vehicles (34.3 percent increase), reflecting a national shift towards green technologies and industrial transformation; renewable energy capacity s...

Progress

48% Bias Score

Affordable and Clean Energy
cnbc.com
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Record Market High Amidst Boeing Loss, Trump's Davos Remarks, and Soaring Store Closures

The S&P 500 hit a record high Thursday, but Boeing announced a $4 billion Q4 loss, Trump pressured the Federal Reserve at Davos, and US store closures are spiking, exceeding 2020 levels.

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24% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Wealth Inequality Risks Societal Collapse Within a Decade: Report

A Fairness Foundation report reveals that 63% of Britons believe the very rich have too much political influence, and experts warn that growing wealth inequality, with a 48% increase in the wealth gap between 2011 and 2019, risks societal collapse within a decade due to factors such as economic shoc...

Progress

56% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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S&P 500 Closes Lower Despite Record-High Week Fueled by Trump's Return

Following President Trump's return, the S&P 500 initially reached record highs before closing 0.3% lower at 6,101.24 on Friday, while the Nasdaq and Dow also fell, despite the week showing overall gains fueled by optimism towards his pro-business policies and relief over his merely threatening tarif...

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36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Wall Street Reacts to Mixed Earnings Reports: GE Aerospace Soars, Others Face Downgrades

Following better-than-expected earnings, GE Aerospace saw its stock price jump 6.6%, prompting analysts at JPMorgan and UBS to raise their price targets; conversely, Guggenheim downgraded GE Vernova. Other companies like Discover, Boeing, Novo Nordisk, Twilio, Apple, Texas Instruments, and Mastercar...

Progress

48% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Athens Stock Exchange Hits 14-Year High, Fifth Straight Weekly Gain

The Athens Stock Exchange closed at a 14-year high of 1,544.13 points on [Date], marking its fifth consecutive weekly gain fueled by strong bank performance (e.g., Piraeus up 2.43%) and a positive global economic climate influenced by President Trump's statements.

Progress

40% Bias Score

Decent Work and Economic Growth