Tag #Economy

cnbc.com
🌐 75% Global Worthiness
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Wall Street's Monday Moves: Take-Two Upgraded, Freddie Mac & Fannie Mae Downgraded

Monday's Wall Street action saw UBS upgrade Take-Two Interactive to "Buy," Stifel upgrade Portillo's to "Buy," and KBW downgrade Freddie Mac & Fannie Mae to "Underperform," reflecting analysts' assessments of growth potential, operational improvements, and valuations.

Progress

4% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 75% Global Worthiness
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Kohl's New CEO Inherits Declining Sales, Stock Value

Kohl's, facing declining sales and stock value for 11 consecutive quarters, saw its previous CEO's attempt to revamp the chain by replacing private-label brands with well-known ones fail to offset shortfalls, alienating core customers and resulting in a nearly 50% stock drop over the past year.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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P&G Q2 Beats Expectations; Stock Up 5%, but Long-Term Outlook Uncertain

Procter & Gamble's Q2 fiscal 2025 results exceeded expectations, with $21.9 billion in revenue and $1.88 adjusted EPS, boosting the stock price by 5% despite inconsistent past performance and challenges like falling Chinese sales.

Progress

36% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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\"French Unemployment Surges, Reaching 3.1 Million in Category A at Year's End\"\

France's unemployment rose sharply at the end of 2024, with 3,138,200 in category A and 5,495,100 in categories A, B, and C, increases of 3.9% and 1.7% respectively over the quarter. Youth unemployment increased most significantly, indicating a potential economic downturn. The Insee projects unemplo...

Progress

48% Bias Score

Decent Work and Economic Growth
pda.kp.ru
🌐 75% Global Worthiness
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Russia: Fake Bank Emails Spread Malware, Steal Funds

Russian citizens are receiving fraudulent emails mimicking bank notifications, falsely claiming monthly deductions for the Ukraine conflict; clicking a link within the email installs malware, resulting in financial losses and data breaches.

Progress

32% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Victorian Treasurer Questions Government's Use of $12.1 Billion "Slush Fund"

Victorian Treasurer Jaclyn Symes raised concerns about her government's use of a $12.1 billion "slush fund", with experts citing significantly higher spending than other Australian jurisdictions; $39.9 billion since the end of the COVID-19 pandemic, exceeding other states and the federal government ...

Progress

48% Bias Score

Responsible Consumption and Production
smh.com.au
🌐 75% Global Worthiness
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Australia Invests \$3.8 Billion in NBN Upgrade to Counter Starlink

Australia's government committed \$3.8 billion to upgrade its National Broadband Network (NBN) to counter competition from Elon Musk's Starlink satellite internet and improve internet speeds, aiming to prevent customer losses and enhance service equity across the country.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Chancellor Prioritizes Economic Growth Despite Net-Zero Concerns

UK Chancellor Rachel Reeves is prioritizing economic growth through infrastructure projects and potential airport expansion, despite concerns from some Labour MPs and environmentalists about the compatibility with net-zero targets; the government insists both are compatible.

Progress

48% Bias Score

Climate Action
dailymail.co.uk
🌐 75% Global Worthiness
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CBI Predicts Significant UK Economic Downturn

A CBI survey of 990 firms predicts a significant economic fall in the next three months due to government policies, impacting businesses and consumers negatively, following a disappointing holiday season.

Progress

48% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 75% Global Worthiness
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French Social Security Budget Debate: Revisions and Political Opposition

The French National Assembly is debating the social security budget, involving changes to pensions, healthcare, employer contributions, and taxes, following the rejection of the previous budget and the fall of the Barnier government, aiming to address a \$23-25 billion deficit.

Progress

52% Bias Score

Good Health and Well-being
zeit.de
🌐 75% Global Worthiness
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Global BEV Sales Rise 14.3% in 2024, but German Market Contracts Sharply

Global sales of battery electric vehicles (BEVs) reached over 10.4 million units in 2024, a 14.3% increase from 2023, led by China (6.7 million units), while Germany's market contracted by 27% due to the end of purchase incentives, dropping to fourth place behind the UK.

Progress

44% Bias Score

Climate Action
theguardian.com
🌐 75% Global Worthiness
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UK Savings Rates Surge Amidst Economic Headwinds

Current economic conditions in the UK are driving up interest rates on savings accounts, offering savers rates as high as 5% on easy-access accounts and 4.8% on five-year bonds, prompting a need to review personal finances before the 31 January tax return deadline.

Progress

48% Bias Score

Reduced Inequality