Tag #Inflation

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cbsnews.com
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Gold Prices Soar Past $2,950 Amidst Geopolitical Uncertainty and High US Debt

Gold prices have risen to over $2,950 per ounce, exceeding expert predictions due to investor demand amid geopolitical tensions, inflation, and high US debt; continued upward price movement is expected in 2025, although volatility remains.

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48% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Trump Tariffs Could Hike Car Insurance Premiums by 8%

Insurify projects that a 25% tariff on Canadian and Mexican auto imports could raise average annual full-coverage car insurance premiums by 8% to \$2,502 by 2025, adding to existing inflation-driven increases, primarily due to higher claim payouts from more expensive car parts.

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40% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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High-Yield CDs Outperform Savings Accounts in 2026

A $5,000 CD can earn $162.25 (9 months at 4.35% APY), $220.00 (12 months at 4.40% APY), or $315.22 (18 months at 4.16% APY) by 2026, significantly outperforming a savings account with returns of $15.37, $20.50, and $30.78 respectively for the same durations. Early withdrawal penalties apply.

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56% Bias Score

Reduced Inequality
forbes.com
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Bidenflation" Misdiagnosis: Lockdowns, Not Spending, Caused 2021-2022 Price Increases

The article refutes the notion of "Bidenflation" in 2021-2022, attributing price increases to global supply chain disruptions caused by COVID-19 lockdowns, not government spending; it criticizes the Fed's interest rate hikes as ineffective and advocates for free trade and restoring global production...

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56% Bias Score

Reduced Inequality
smh.com.au
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RBA Cuts Rates Amidst Full Employment Uncertainty

The Reserve Bank of Australia unexpectedly cut interest rates by 0.25 percentage points to 4.35 percent last week, despite maintaining them at that level for 15 months, due to uncertainty about the impact of near full employment on inflation. This has caused confusion within the markets.

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52% Bias Score

Decent Work and Economic Growth
cnn.com
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Avian Flu Drives 186% Surge in Egg Prices, Forcing Bakeries to Raise Costs

The avian flu outbreak caused the culling of over 40 million egg-laying hens, leading to a nationwide egg shortage and a 186% increase in wholesale egg prices in January 2024 compared to the previous year, forcing many bakeries to raise prices or seek alternatives.

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44% Bias Score

Zero Hunger
us.cnn.com
🌐 85% Global Worthiness
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Trump's Tariffs Exacerbate US Inflation, Threatening Economic Stability

Rising inflation in the US, driven by increased egg and fuel prices, is worsened by President Trump's tariff policies which are causing decreased consumer confidence and impacting consumer spending; further tariffs are planned that could exacerbate the problem.

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48% Bias Score

Reduced Inequality
elpais.com
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Record Low Housing Listings Fuel Spanish Market Boom

The Spanish housing market in 2024 experienced a surge in sales despite a record low in available homes, primarily due to high demand and limited new construction, with Idealista reporting a 15% drop in listings in the last quarter, compared to a year prior.

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40% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
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Canada Selects Consortium for $60-90 Billion High-Speed Rail Project

The Canadian government chose a consortium including CDPQ Infra, AtkinsRéalis, and Air Canada to design a high-speed rail line from Quebec City to Toronto, estimated at $60-$90 billion, with trains reaching 300 km/h; a five-year planning phase is underway.

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48% Bias Score

Industry, Innovation, and Infrastructure
smh.com.au
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US Stocks Plunge on Fears of Trump Policies Impacting Economy

US stocks plummeted on Friday, with the S&P 500 falling 1.7%—its worst day in two months—after reports revealed that consumer and business anxieties over President Trump's policies are negatively affecting the US economy; this followed several weaker-than-expected reports on the economy, including o...

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52% Bias Score

Decent Work and Economic Growth
us.cnn.com
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Avian Flu Causes 186% Surge in US Egg Prices, Forcing Bakeries to Raise Costs

The avian flu outbreak in the US has killed over 40 million egg-laying birds, causing a 186% surge in wholesale egg prices in January 2023 compared to the previous year and forcing bakeries to raise prices or seek alternatives.

Progress

44% Bias Score

Zero Hunger
nbcnews.com
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U.S. Stocks Plunge on Weak Data and Policy Fears

U.S. stocks plummeted on Friday, January 26, 2024, due to weak economic data, including a drop in consumer sentiment and existing home sales, and fears over potential policy changes from the Trump administration. The Dow fell 748 points (1.7%), S&P 500 1.7%, and Nasdaq over 2%.

Progress

52% Bias Score

Reduced Inequality

Showing 1,621 to 1,632 of 2,780 results