Tag #Economy

forbes.com
🌐 85% Global Worthiness
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Intel CEO Gelsinger Retires, Leaving Uncertain Future

Intel CEO Pat Gelsinger unexpectedly retired after three and a half years, leaving the company to search for a replacement amid financial pressures from competitors and a major company transformation.

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56% Bias Score

forbes.com
🌐 85% Global Worthiness
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Generative AI to Cost Music Creators $23 Billion by 2028

A new study predicts that generative AI will cause music and audiovisual creators to lose \$23 billion by 2028 due to the rising market of AI-generated content, which is expected to reach \$67 billion.

Progress

52% Bias Score

forbes.com
🌐 85% Global Worthiness
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Musk Proposes Dogecoin-Inspired Plan to Tackle $36 Trillion US Debt

Elon Musk, advising President-elect Trump, advocates for the Bitcoin Act of 2024 to address the $36 trillion US national debt, proposing a dogecoin-inspired efficiency program aiming for $2 trillion in spending cuts, while Tesla holds substantial bitcoin reserves.

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76% Bias Score

cnn.com
🌐 85% Global Worthiness
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Biden's Angola Trip: $4 Billion Lobito Corridor Investment Amidst Domestic and International Turmoil

President Biden's historic trip to Angola, the first by a US president, centered on a $4 billion investment in the Lobito Corridor railway project to transport critical minerals, aiming to counter China's influence and improve transport times; however, the trip was overshadowed by the pardon of his ...

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44% Bias Score

es.euronews.com
🌐 85% Global Worthiness
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Mercury Contamination Found in All European Tuna Samples Tested

A Bloom NGO study revealed mercury contamination in all 148 analyzed tuna cans from 5 European countries; 10% exceeded legal limits, sparking debate on food safety and prompting calls for stricter regulations.

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48% Bias Score

dw.com
🌐 85% Global Worthiness
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German Business Sentiment in China Hits Historic Low

A survey by the German Chamber of Commerce in China reveals record-low business sentiment among German firms, with only 32% expecting market improvement in 2025, primarily due to weak consumer demand and import substitution, impacting foreign investors significantly.

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52% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Record Trading Volume in Leveraged Single-Stock ETFs Sparks Market Concerns

On November 21st, leveraged single-stock ETFs hit a record $17 billion in trading volume, raising concerns about excessive investor optimism and potential market instability, particularly as some funds struggle to maintain their stated daily returns due to high demand and volatility.

Progress

56% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Platform Endorsements Boost Sales for Both Endorsed and Unendorsed Services

A field experiment shows Amazon's Choice-style endorsements increase endorsed service sales by 41% and unendorsed service sales by 3.1%, driven by consumer perception of higher platform quality; 67% of the overall order increase comes from unendorsed services.

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36% Bias Score

apnews.com
🌐 85% Global Worthiness
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California Farmers Hopeful for Increased Water Access Under Trump

California farmers are hopeful that the incoming Trump administration will increase water flows from the federally managed Central Valley Project, after facing stricter limits under the Biden administration due to environmental concerns and drought, creating conflict between agricultural needs and e...

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44% Bias Score

us.cnn.com
🌐 85% Global Worthiness
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Biden's Angola Trip: $4 Billion Railway Investment and Geopolitical Stakes

President Biden concluded a three-day trip to Angola, focusing on a $4 billion investment in the Lobito Corridor railway project to transport critical minerals, aiming to counter China's influence and expedite mineral transport, while controversies surrounding a son's pardon and a South Korean ally'...

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44% Bias Score

welt.de
🌐 85% Global Worthiness
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Germany's Slowest Economic Growth Among OECD Nations in 2025

Germany's GDP is projected to grow by only 0.7% in 2025, the slowest among OECD nations, primarily due to weak production, restrictive fiscal policies, and uncertainty surrounding the 2025 budget; this is significantly lower than the 1.1% predicted in May.

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44% Bias Score

taz.de
🌐 85% Global Worthiness
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Northvolt Insolvency Threatens €600 Million in German Loan Guarantees

Northvolt, a Swedish battery manufacturer, declared insolvency, jeopardizing over €600 million in German and Schleswig-Holstein loan guarantees for its Dithmarschen factory; despite this, construction continues.

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40% Bias Score