Tag #Economy

euronews.com
🌐 90% Global Worthiness
News related image

Trump's Policies Send Shockwaves Through Global Markets

President Trump's remarks and executive orders this week caused global stock markets to surge, the US dollar to weaken, and commodities to show mixed results; however, concerns remain about a potential global trade war and its impact on inflation and monetary policy.

Progress

24% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
News related image

Mexican Scientist Arrested for Aiding North Korean Sanctions Evasion

A Mexican scientist was arrested in the Netherlands for allegedly using his identity to help two North Korean operatives develop smartphone apps for US companies, generating at least \$866,000 that was laundered through a Chinese bank account and ultimately benefited the North Korean regime.

Progress

40% Bias Score

Reduced Inequality
corriere.it
🌐 85% Global Worthiness
News related image

MPS Bids for Mediobanca, Reshaping Italy's Financial Landscape

Monte dei Paschi di Siena (MPS) made a public exchange offer for Mediobanca, impacting Generali, involving government participation, and prompting various stakeholders' reactions and regulatory review.

Progress

44% Bias Score

Reduced Inequality
chinadaily.com.cn
🌐 85% Global Worthiness
News related image

China's Electricity Consumption Surges on Green Tech Boom

China's electricity consumption rose by 6.8 percent in 2024 to 9.85 trillion kWh, driven by high-tech manufacturing (10.3 percent increase) and electric vehicles (34.3 percent increase), reflecting a national shift towards green technologies and industrial transformation; renewable energy capacity s...

Progress

48% Bias Score

Affordable and Clean Energy
npr.org
🌐 85% Global Worthiness
News related image

LA Wildfires Expose Housing Crisis as Landlords Face Price-Gouging Charges

Following the January 7th Los Angeles wildfires, landlords illegally raised rents by 30-130%, violating California's price-gouging law; tenant organizer Chelsea Kirk's online spreadsheet documenting these increases prompted investigations and legal action against 500 landlords and one realtor.

Progress

20% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
News related image

Alphabet Stock Hits $200 on AI Optimism

Alphabet's stock reached $200 per share on Friday, fueled by investor confidence in its AI advancements despite increased competition. The company's Q3 revenue grew 15% year-over-year, and analysts view Google as a significant player in the AI field, although challenges remain.

Progress

40% Bias Score

Decent Work and Economic Growth
faz.net
🌐 90% Global Worthiness
News related image

SoftBank Invests $100 Billion in US AI Infrastructure with Google and Nvidia

Masayoshi Son's SoftBank announced a $100 billion (with plans to expand to $500 billion) investment in US AI infrastructure with Google and Nvidia, aiming to build data centers and other infrastructure to support AI development in the United States, showcasing his vision for AI dominance.

Progress

60% Bias Score

Industry, Innovation, and Infrastructure
lefigaro.fr
🌐 85% Global Worthiness
News related image

French Ministers Urge EU to Adjust Auto CO2 Emission Standards

Three French ministers—of Ecological Transition, Industry, and Europe—are urging the European Commission to adjust its CO2 emission standards for automakers, warning that current regulations risk €15 billion in penalties in 2025 and harming the European automotive industry.

Progress

56% Bias Score

Climate Action
cnbc.com
🌐 85% Global Worthiness
News related image

Federal Student Loan Collections to Resume in 2024

The U.S. Department of Education will resume collecting on defaulted federal student loans in 2024, impacting 5.5 million borrowers; wage garnishment starts in October, and Social Security offsets may begin in August; the Biden administration implemented measures to lessen the impact, including expa...

Progress

36% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
News related image

Spanish Government Seeks Support for Pension Increase After Omnibus Bill Rejection

The Spanish government faces a potential crisis after parliament rejected an omnibus bill including pension increases for 12 million retirees and public transport discounts, prompting efforts to secure support from Junts and the PP.

Progress

52% Bias Score

No Poverty
cnbc.com
🌐 85% Global Worthiness
News related image

Healthcare Sector Poised for Rebound Amid Regulatory Shifts

Strategas analysts predict a healthcare sector rebound, noting that medical device makers are particularly attractive due to regulatory changes and historical Republican administration trends, while acknowledging ongoing concerns about Medicaid funding and PBM practices.

Progress

48% Bias Score

Good Health and Well-being
cnbc.com
🌐 85% Global Worthiness
News related image

Market Pauses After Record High; Busy Week Ahead

The S&P 500 closed slightly lower on Friday after reaching a new high on Thursday, while the CNBC Investing Club trimmed its Stanley Black & Decker position and noted strong communication services and healthcare sector performance, with energy lagging; a busy week of earnings, Fed meetings, and econ...

Progress

40% Bias Score

Decent Work and Economic Growth