Tag #Economy

dw.com
🌐 65% Global Worthiness
News related image

Kyrgyzstan to Raise Electricity Prices Amid Hydropower Project Funding Shortfalls

Kyrgyzstan's government announced a May 1, 2025 electricity price increase of 26 tyyn per kWh for households and 31 tyyn for businesses, citing the need to cover production costs and inflation, despite a recent public relations tour showcasing large-scale hydroelectric projects under development and...

Progress

56% Bias Score

Affordable and Clean Energy
cbsnews.com
🌐 65% Global Worthiness
News related image

3 CD Account Mistakes to Avoid After This Week's Fed Meeting

This article advises prospective CD account holders to avoid three key mistakes: assuming rates will remain high, opening a short-term CD, and depositing too much money for too long, given the upcoming Federal Reserve meeting.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 65% Global Worthiness
News related image

Sluggish Australian House Price Growth Fails to Ease Affordability Crisis

KPMG predicts a 3.3 percent increase in Australian house prices in 2025, with units outpacing houses at 4.6 percent; however, experts warn this is insufficient to address affordability concerns stemming from high interest rates and limited housing supply.

Progress

52% Bias Score

Reduced Inequality
cnbc.com
🌐 90% Global Worthiness
News related image

Nvidia Stock Plunges After Open-Source AI Model Unveiled

Nvidia's stock plunged over 11% in premarket trading after Chinese startup DeepSeek released a free, open-source large-language model, raising concerns about the demand for high-end chips and impacting other tech giants like Microsoft and Amazon.

Progress

52% Bias Score

Reduced Inequality
elmundo.es
🌐 90% Global Worthiness
News related image

Chinese AI Startup DeepSeek Disrupts Global Market, Sends Tech Stocks Plunging

China's DeepSeek AI model, released January 20th, has outperformed Western competitors in benchmark tests, causing significant stock market drops for US and European chipmakers; its success is attributed to efficient resource management and innovation spurred by US sanctions, but it's hampered by ce...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
dw.com
🌐 90% Global Worthiness
News related image

Los Angeles Wildfires Cause $250 Billion in Losses, Exposing Climate Change's Impact on Insurance

Devastating wildfires in Los Angeles have caused up to $250 billion in economic losses, destroyed 16,000 buildings, and forced mass evacuations, highlighting the growing impact of climate change on insurance affordability and accessibility.

Progress

44% Bias Score

Climate Action
zeit.de
🌐 65% Global Worthiness
News related image

EnBW Subsidiary Defies Court Ruling on Power Grid Transfer in Baden-Württemberg

Following a final court ruling, Naturenergie Netze, a subsidiary of EnBW (primarily owned by Baden-Württemberg and OEW), refuses to transfer power grids to ten municipalities in southern Baden-Württemberg, prompting a dispute and the state government's assertion of EnBW's private operational indepen...

Progress

36% Bias Score

Affordable and Clean Energy
cbsnews.com
🌐 65% Global Worthiness
News related image

2025 HELOC Considerations: Low Rates, Rising Risks

Homeowners are considering HELOCs in 2025 due to low current interest rates (8.27%), but rising inflation creates uncertainty. The decision depends on needs, affordability in a variable rate environment, and awareness of potential long-term risks.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 90% Global Worthiness
News related image

DeepSeek's Low-Cost AI Model Triggers Market Crash

The emergence of DeepSeek, a Chinese AI startup with a potentially cheaper AI model, is causing a major sell-off in AI-related stocks on Wall Street, impacting Nasdaq, S&P 500, and Dow futures.

Progress

40% Bias Score

Reduced Inequality
repubblica.it
🌐 90% Global Worthiness
News related image

DeepSeek AI Launch Triggers Nvidia Stock Plunge, Reshaping Tech Landscape

The launch of China's DeepSeek AI chatbot caused a 10% pre-market drop in Nvidia's stock price, impacting the broader tech market and highlighting a potential shift towards software-driven AI solutions despite US chip sanctions on China.

Progress

52% Bias Score

Reduced Inequality
repubblica.it
🌐 90% Global Worthiness
News related image

Chinese AI Chatbot DeepSeek Challenges US Tech Supremacy

DeepSeek, a free Chinese AI chatbot, has become the top downloaded iPhone app in the US, challenging American AI dominance due to its powerful, affordable, and open-source models; however, its alignment with Chinese government policies raises concerns.

Progress

56% Bias Score

Reduced Inequality
bbc.com
🌐 90% Global Worthiness
News related image

Chinese AI App DeepSeek Overtakes ChatGPT, Disrupting Global AI Market

DeepSeek, a Chinese AI app, surpassed ChatGPT to become the top free app on Apple's US, UK, and China App Stores due to its low-cost, high-performance DeepSeek-V3 model, impacting global AI market shares and raising concerns about US tech dominance.

Progress

40% Bias Score

Reduced Inequality