Tag #Economy

cnbc.com
🌐 85% Global Worthiness
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BOJ Poised for Rate Hike Amid Inflation and Yen Weakness

The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Unpassed Tax Changes Create Uncertainty for Canadian Asset Managers

Canadian asset managers face uncertainty in filing 2024 tax returns for investment funds due to unpassed federal capital gains tax changes proposed in the 2024 budget, potentially requiring re-filing and amended tax slips if the changes don't pass.

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52% Bias Score

Reduced Inequality
it.euronews.com
🌐 85% Global Worthiness
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Global Trade War Looms Amidst EU-China Electric Vehicle Dispute

The EU's tariffs on Chinese electric vehicles, and subsequent Chinese retaliation, threaten a global trade war, potentially disrupting supply chains and raising prices like during the pandemic; tensions with the US under Trump further complicate the situation.

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36% Bias Score

Decent Work and Economic Growth
apnews.com
🌐 85% Global Worthiness
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Netflix Q4 2024 Results: Record Subscriber Growth Fueled by Live Programming

Netflix added nearly 19 million subscribers in Q4 2024, exceeding expectations due to live programming such as a Jake Paul boxing match and NFL games; revenue reached \$10.2 billion, up 16% year-over-year, and the company announced price increases in several markets.

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44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Ten AI Applications Reshaping Small Business Success

This article details ten AI applications revolutionizing small business success, citing real-world examples like Green Accountant using GPT-4 for administration, Coffee Run boosting engagement with Jasper AI, and The Little Market using QuickBooks' AI for financial management.

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60% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Smithfield Foods Targets $10.73 Billion Valuation in Landmark IPO

Smithfield Foods, the largest U.S. pork processor, is targeting a $10.73 billion valuation in its New York IPO, its largest since 2021, raising up to $939.6 million by offering 17.4 million shares priced between $23 and $27; the company plans to reduce pig production by 21% in 2024 compared to this ...

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40% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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Trump Seeks to Eliminate Federal and State Support for Electric Vehicles

President Trump issued an executive order on his first day in office aiming to eliminate federal and state support for electric vehicles, including a \$7,500 tax credit, but faces legal hurdles and potential congressional opposition, while automakers remain committed to EV production despite the cha...

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28% Bias Score

Climate Action
smh.com.au
🌐 85% Global Worthiness
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Australian Market Rises on Tech Boom, Mining Concerns

The Australian sharemarket closed higher on Wednesday, with tech stocks surging 2.4% due to a new US$500 billion AI investment, while mining stocks fell on concerns over potential US tariffs on Chinese imports; the Australian dollar slightly decreased to US62.62¢.

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52% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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Trump Threatens 10% Tariff on All Chinese Goods

President Donald Trump threatened a 10% tariff on all Chinese goods starting February 1st, citing fentanyl trafficking through Mexico and Canada, despite market concerns about inflation; he also threatened tariffs on Mexico and Canada on Monday.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Corporate Alliances Drive Sustainable Fuel Market

Major global brands are joining forces to fund sustainable fuels for shipping and aviation through initiatives like SABA and ZEMBA, aiming to reduce emissions and meet 2030 targets; however, consistent government policies are crucial for widespread adoption.

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36% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
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Lenovo Acquires Infinidat to Expand into High-End Enterprise Storage

Lenovo is acquiring Infinidat, a high-end enterprise storage provider specializing in cyber-resilient, AI-driven solutions, to expand its market reach and compete more effectively against established players like Dell, IBM, and NetApp; the acquisition is expected to close in the second half of 2025.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.

Progress

44% Bias Score

Decent Work and Economic Growth