Tag #Economy

lefigaro.fr
🌐 75% Global Worthiness
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"Parisian Gaming Clubs to Close Due to French Government Collapse"

"Seven Parisian gaming clubs, generating €50 million annually for public authorities, will close December 31st, 2024, due to budget issues resulting from the French government's collapse, jeopardizing 1500 jobs."

Progress

52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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German Cabinet Extends Rent Control to 2029 Amidst Political Opposition

Germany's cabinet approved extending rent control until 2029, despite opposition from the FDP and uncertainty from the Union, which will review the matter after the February 23rd election; the extension modifies existing exceptions for new buildings and faces legal challenges.

Progress

40% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Over 2.3 Million Ukrainians Receive 1000 UAH in "Winter Support" Aid

As of December 11, 2024, over 2.3 million Ukrainians have received 1000 UAH in financial aid through the "Winter Support" program, using the "Diia" app and "National Cashback" cards. Funds can be used for utilities, medicine, books, or donations, with applications accepted through February 2025.

Progress

24% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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ChatGPT Pro: \$200 AI Tool Raises Freelancer Accessibility Concerns

OpenAI's new ChatGPT Pro plan, costing \$200 per month, offers advanced features like enhanced computing power and voice mode, but its high price raises questions about its value for freelancers, 65% of whom used AI tools in 2024 according to MBO Partners.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Premarket Stock Volatility: Macy's, GE Vernova, and Dave & Buster's Lead Declines

Premarket trading saw significant stock movements; Macy's dropped 9% due to a lowered fiscal-year forecast, GE Vernova fell 2.4% on weak revenue guidance, and Dave & Buster's plummeted over 14% following disappointing Q3 results and CEO departure. Conversely, GameStop rose over 3% on an unexpected p...

Progress

16% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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UK Farmers Protest Inheritance Tax Changes, Threatening Family Farms

Farmers across the UK are protesting inheritance tax changes announced in October's budget, claiming the policy threatens the viability of family farms and calling for government consultations. The government insists the changes will only affect a small minority, but farmers fear increased land pric...

Progress

52% Bias Score

No Poverty
theglobeandmail.com
🌐 75% Global Worthiness
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Failed GST Holiday Exposes Tensions Within Canadian Government

Canada's two-month GST holiday cost billions, failed to boost Liberal support, and created tension between Finance Minister Chrystia Freeland and the Prime Minister's Office, jeopardizing Freeland's fiscal credibility and raising concerns about the government's economic management.

Progress

64% Bias Score

Reduced Inequality
lexpress.fr
🌐 75% Global Worthiness
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British Farmers Protest Inheritance Tax

Thousands of British farmers protested in London against a new inheritance tax on farms valued over £3 million, which will affect roughly 500 farms and comes as farmers struggle with labor shortages and funding deficits post-Brexit.

Progress

48% Bias Score

No Poverty
t24.com.tr
🌐 75% Global Worthiness
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JPMorgan Lowers Turkey Inflation Forecast to 26% by 2025, Revises Investment Recommendations

JPMorgan forecasts Turkey's inflation to reach 26% by 2025, impacting consumer-focused companies; the firm adjusted target prices and investment recommendations, highlighting limited real earnings growth opportunities for most, but potential value in BIM, Migros, Ford Otosan, and Tofas.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Wall Street Analyst Ratings: Significant Changes Across Sectors

On Wednesday, Wall Street analysts issued several significant rating changes, including Wells Fargo initiating overweight ratings for Reddit and BioNTech, while downgrading Travelers to underweight; Goldman Sachs initiated buy ratings for OneStream and Similarweb; and other firms adjusted ratings fo...

Progress

8% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Wells Fargo Stock Soars 51% on Strong Q3 Results and Deregulation Hopes

Wells Fargo's stock (WFC) surged 51% year-to-date, outpacing the S&P 500 and Bank of America, driven by strong wealth management performance despite lower net interest income in Q3 2024 ($20.4 billion revenue, $5.1 billion profit). Future prospects hinge on potential deregulation under a second Trum...

Progress

44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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Siemens Appoints New Supervisory Board Chairman, Plans Virtual Shareholder Meeting

Siemens appoints Mark Schneider as its new Supervisory Board Chairman following his unexpected departure from Nestlé, aiming for a smooth two-year transition; the company also plans to hold its 2025 annual general meeting virtually.

Progress

48% Bias Score

Decent Work and Economic Growth