Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Record US Retail Store Closures in 2024
Over 7,300 US retail stores closed in 2024, a 57% increase from 2023, due to high inflation, competition from larger retailers, and strategic errors; this impacted various chains, including Family Dollar, CVS, Walgreens, and Big Lots.
Progress
52% Bias Score
US Stock Futures Rise on New Year's Trading Day
US stock index futures rose in premarket trading on January 2, 2025, driven by hopes for economic growth under a new administration and further interest rate cuts, despite concerns about inflation and potential trade wars.
US Stock Futures Rise on New Year's Trading Day
US stock index futures rose in premarket trading on January 2, 2025, driven by hopes for economic growth under a new administration and further interest rate cuts, despite concerns about inflation and potential trade wars.
Progress
40% Bias Score
Mortgage Rates Hit Six-Month High at Nearly 7%, Hampering Housing Market
Thirty-year fixed-rate mortgages averaged nearly 7% the week ending January 2, 2025, the highest level in six months, driven by rising 10-year Treasury yields despite recent Fed rate cuts, leading to decreased mortgage applications and persistent affordability challenges.
Mortgage Rates Hit Six-Month High at Nearly 7%, Hampering Housing Market
Thirty-year fixed-rate mortgages averaged nearly 7% the week ending January 2, 2025, the highest level in six months, driven by rising 10-year Treasury yields despite recent Fed rate cuts, leading to decreased mortgage applications and persistent affordability challenges.
Progress
48% Bias Score
Gold IRAs: A Smart Investment Strategy for 2025
High inflation (2.7%) and stock market volatility make gold IRAs an attractive investment in 2025, offering inflation protection, portfolio diversification, and tax benefits.
Gold IRAs: A Smart Investment Strategy for 2025
High inflation (2.7%) and stock market volatility make gold IRAs an attractive investment in 2025, offering inflation protection, portfolio diversification, and tax benefits.
Progress
52% Bias Score
Wall Street Forecasts 14.8% S\u0026P 500 Growth in 2025 Amidst Uncertainty
Wall Street analysts predict a 14.8% rise in the S\u0026P 500 in 2025, driven by economic growth and a business-friendly administration, but face uncertainties due to potential tariffs, inflation, and geopolitical risks.
Wall Street Forecasts 14.8% S\u0026P 500 Growth in 2025 Amidst Uncertainty
Wall Street analysts predict a 14.8% rise in the S\u0026P 500 in 2025, driven by economic growth and a business-friendly administration, but face uncertainties due to potential tariffs, inflation, and geopolitical risks.
Progress
40% Bias Score
Moderate Stock Market Growth Predicted for 2025
Wall Street analysts forecast a 14.8% increase in the S&P 500 for 2025, driven by economic growth and a business-friendly administration, but warn of potential downsides from tariffs, inflation, and geopolitical risks.
Moderate Stock Market Growth Predicted for 2025
Wall Street analysts forecast a 14.8% increase in the S&P 500 for 2025, driven by economic growth and a business-friendly administration, but warn of potential downsides from tariffs, inflation, and geopolitical risks.
Progress
32% Bias Score
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Progress
40% Bias Score
Turkey's 2024 Economic Challenges: High Inflation and Policy Failures
In 2024, Turkey's economy faced significant challenges due to a post-election shift in economic policies. Despite promises of rational policies, inflation control fell mainly on the Central Bank, leading to high interest rates and limited fiscal policy reforms. High interest rates proved unsustainab...
Turkey's 2024 Economic Challenges: High Inflation and Policy Failures
In 2024, Turkey's economy faced significant challenges due to a post-election shift in economic policies. Despite promises of rational policies, inflation control fell mainly on the Central Bank, leading to high interest rates and limited fiscal policy reforms. High interest rates proved unsustainab...
Progress
48% Bias Score
Labour's Long-Term Economic Strategy Amidst Stagnant Growth
The UK faces stagnant growth, with zero quarterly growth reported, planned hiring cuts, and inflation concerns. However, the Labour government is pursuing a multi-pronged economic strategy involving increased infrastructure investment, private sector engagement, productivity improvements, and workfo...
Labour's Long-Term Economic Strategy Amidst Stagnant Growth
The UK faces stagnant growth, with zero quarterly growth reported, planned hiring cuts, and inflation concerns. However, the Labour government is pursuing a multi-pronged economic strategy involving increased infrastructure investment, private sector engagement, productivity improvements, and workfo...
Progress
44% Bias Score
US Economy Defies Recession in 2024, Faces Uncertainties in 2025
Despite high inflation and interest rates in 2024, the US economy defied recession predictions due to strong consumer spending, and enters 2025 with optimism tempered by potential risks from the incoming Trump administration's policies and external factors.
US Economy Defies Recession in 2024, Faces Uncertainties in 2025
Despite high inflation and interest rates in 2024, the US economy defied recession predictions due to strong consumer spending, and enters 2025 with optimism tempered by potential risks from the incoming Trump administration's policies and external factors.
Progress
48% Bias Score
Regional Disparities Mark Spain's 2024 Housing Crisis
Spain's 2024 housing crisis saw Balearic Islands lead price increases (10.8%), contrasting with Navarra's 0.4% rise, amidst nationwide protests; Soria province saw the highest increase (15.3%), while some areas experienced price drops, highlighting regional disparities.
Regional Disparities Mark Spain's 2024 Housing Crisis
Spain's 2024 housing crisis saw Balearic Islands lead price increases (10.8%), contrasting with Navarra's 0.4% rise, amidst nationwide protests; Soria province saw the highest increase (15.3%), while some areas experienced price drops, highlighting regional disparities.
Progress
40% Bias Score
Global Markets Rise Despite Year-End Jitters
In 2024, global stock markets rose due to falling inflation and robust US economic growth, but year-end saw rising bond yields and market jitters; the US tech sector boomed, with Nvidia leading the way, while the UK and European markets performed more modestly.
Global Markets Rise Despite Year-End Jitters
In 2024, global stock markets rose due to falling inflation and robust US economic growth, but year-end saw rising bond yields and market jitters; the US tech sector boomed, with Nvidia leading the way, while the UK and European markets performed more modestly.
Progress
44% Bias Score