Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
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40% Bias Score
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44% Bias Score
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
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44% Bias Score
Bank of Canada Cuts Rates, Signals Slower Pace of Cuts Ahead
The Bank of Canada cut its key interest rate by half a percentage point to 3.25 per cent on Wednesday, its fifth cut since June, amid rising economic uncertainty and slowing growth, signaling a potential slowdown in the pace of future rate reductions.
Bank of Canada Cuts Rates, Signals Slower Pace of Cuts Ahead
The Bank of Canada cut its key interest rate by half a percentage point to 3.25 per cent on Wednesday, its fifth cut since June, amid rising economic uncertainty and slowing growth, signaling a potential slowdown in the pace of future rate reductions.
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16% Bias Score
UK Food Security Report Highlights Climate Change Risks
A UK government report reveals climate change, biodiversity loss, and water insecurity pose pressing risks to Britain's food security, impacting domestic production and highlighting a decline in food-secure households from 92 percent in 2020 to 90 percent in 2023; the UK is 75 percent self-sufficien...
UK Food Security Report Highlights Climate Change Risks
A UK government report reveals climate change, biodiversity loss, and water insecurity pose pressing risks to Britain's food security, impacting domestic production and highlighting a decline in food-secure households from 92 percent in 2020 to 90 percent in 2023; the UK is 75 percent self-sufficien...
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40% Bias Score
Amazon Stock Soars 50% on AI Investments and New Ventures
Amazon's stock price has risen almost 50% in 2023, outperforming other tech giants due to increased operating profits from infrastructure investments, a successful advertising business, and a strong position in generative AI, with its new AI chip Trainium3 and expansion into the automotive market wi...
Amazon Stock Soars 50% on AI Investments and New Ventures
Amazon's stock price has risen almost 50% in 2023, outperforming other tech giants due to increased operating profits from infrastructure investments, a successful advertising business, and a strong position in generative AI, with its new AI chip Trainium3 and expansion into the automotive market wi...
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56% Bias Score
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
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52% Bias Score
Italian Mafias Exploit Tourism, Poised for Further Gains from Upcoming Events
Italian mafias generate €3.3 billion yearly from tourism, exploiting vulnerable businesses, and are poised to profit further from upcoming major events like the 2026 Olympics and 2025 Jubilee, according to Demoskopika.
Italian Mafias Exploit Tourism, Poised for Further Gains from Upcoming Events
Italian mafias generate €3.3 billion yearly from tourism, exploiting vulnerable businesses, and are poised to profit further from upcoming major events like the 2026 Olympics and 2025 Jubilee, according to Demoskopika.
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40% Bias Score
Scholz Proposes VAT Cut on Food Amid Rising Prices
German Chancellor Olaf Scholz proposed lowering the reduced VAT rate for many foods from 7% to 5% to alleviate rising food prices, a move criticized by the opposition and economic experts for its potential ineffectiveness and distributional consequences.
Scholz Proposes VAT Cut on Food Amid Rising Prices
German Chancellor Olaf Scholz proposed lowering the reduced VAT rate for many foods from 7% to 5% to alleviate rising food prices, a move criticized by the opposition and economic experts for its potential ineffectiveness and distributional consequences.
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32% Bias Score
Supreme Court to Hear Appeal on £30bn Car Loan Commission Case
The UK Supreme Court will hear appeals from two car lenders against a ruling that undisclosed commissions on car loans are unlawful, potentially costing lenders £30bn in compensation.
Supreme Court to Hear Appeal on £30bn Car Loan Commission Case
The UK Supreme Court will hear appeals from two car lenders against a ruling that undisclosed commissions on car loans are unlawful, potentially costing lenders £30bn in compensation.
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36% Bias Score
ExxonMobil to Boost Oil Production by 18% While Investing $30 Billion in Low-Carbon Projects
ExxonMobil announced plans to increase oil production by 18% to 5.4 million barrels per day by 2030, investing $28-$33 billion annually, with a further $30 billion allocated to low-emission projects in carbon capture, hydrogen, and lithium production, aiming for significant earnings growth in both s...
ExxonMobil to Boost Oil Production by 18% While Investing $30 Billion in Low-Carbon Projects
ExxonMobil announced plans to increase oil production by 18% to 5.4 million barrels per day by 2030, investing $28-$33 billion annually, with a further $30 billion allocated to low-emission projects in carbon capture, hydrogen, and lithium production, aiming for significant earnings growth in both s...
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40% Bias Score
Supreme Court Allows Class-Action Lawsuit Against Nvidia Over Cryptocurrency Revenue
The Supreme Court refused to hear Nvidia's appeal against a class-action lawsuit claiming the company misled investors about its cryptocurrency revenue, allowing the lawsuit to proceed following a 28% stock price drop after cryptocurrency profitability decreased in 2018 and a $5.5 million SEC settle...
Supreme Court Allows Class-Action Lawsuit Against Nvidia Over Cryptocurrency Revenue
The Supreme Court refused to hear Nvidia's appeal against a class-action lawsuit claiming the company misled investors about its cryptocurrency revenue, allowing the lawsuit to proceed following a 28% stock price drop after cryptocurrency profitability decreased in 2018 and a $5.5 million SEC settle...
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40% Bias Score