Tag #Inflation

news.sky.com
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UK Retail Job Losses Surge to 169,395 in 2024

The UK retail sector experienced a significant increase in job losses in 2024, with 169,395 positions lost due to business failures and cost-cutting, exceeding the 2020 pandemic levels, and is predicted to worsen in 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
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U.S. Stock Market Predicted to Decline in Early 2025 Due to Eight Factors

The U.S. stock market's 2024 rise, exceeding company earnings and economic fundamentals, is unsustainable and is expected to decline in early 2025 due to eight factors: outpacing earnings, bond market break, inflation, falling homebuilder stocks, U.S. government fiscal issues, global conflicts, clim...

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48% Bias Score

Reduced Inequality
dailymail.co.uk
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Labour's Flight Tax Hike to Cost Families £400

Labour's proposed increase to Air Passenger Duty will significantly increase airfare costs for families, with a family of four's trip to Florida costing an extra £400, impacting millions of holidaymakers and the travel industry.

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56% Bias Score

Reduced Inequality
cnbc.com
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Japan Inflation Rises, Record Budget Approved Amidst Nissan-Honda Merger Talks

Japan's Tokyo inflation hit 3% in November, exceeding expectations; a new record budget of $732 billion was approved, while bond issuance is restricted; Nissan and Honda are in merger talks.

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
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Russian Inflation Forces Holiday Spending Cuts

Inflation in Russia is forcing many to cut back on holiday spending as prices of essential food items like butter, potatoes, and chicken have risen sharply, impacting lower-income families and increasing the cost of Christmas celebrations.

Progress

24% Bias Score

No Poverty
cbsnews.com
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Gold Prices Hit Record High Amidst Inflation and Geopolitical Uncertainty

Gold prices reached a record high of $2,790.07 per ounce in October 2024, driven by a 27% price increase due to inflation, geopolitical instability, and its inverse relationship with the U.S. dollar.

Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
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US Productivity Surge Fuels Economic Growth Amidst Cooling Job Market

US productivity is surging, at least 2% quarterly growth this year, fueling strong economic growth despite easing inflation and a cooling job market; this contrasts with slower growth in Europe and Canada, partially attributed to pandemic-era government support and resulting business adaptations.

Progress

36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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NRW Public Transit Ticket Prices to Increase in 2025

Public transportation ticket prices in North Rhine-Westphalia will rise by an average of 5.5% (VRR), 5.9% (VRS), and 5.75% (AVV) in 2025 due to increased energy, personnel, and material costs; the Deutschlandticket will increase by 18% to €58; only WestfalenTarif is not raising prices immediately.

Progress

36% Bias Score

Reduced Inequality
nbcnews.com
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U.S. Homelessness Rises 18% in 2024 Amidst Housing Crisis and Natural Disasters

A new report reveals an 18% increase in U.S. homelessness in 2024, impacting over 771,000 people, with families experiencing the largest surge (39%), while veterans saw an 8% decrease; the rise is linked to the affordable housing crisis, inflation, natural disasters, and immigration.

Progress

24% Bias Score

No Poverty
cnbc.com
🌐 75% Global Worthiness
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Fed's Slower Rate Cut Projection Impacts Borrowers, Benefits Savers

The Federal Reserve's revised forecast projects fewer interest rate cuts in 2025 than previously expected, resulting in higher interest rates for longer, impacting consumer borrowing costs and savings returns differently; higher yields benefit savers in high-yield accounts, while increasing borrowin...

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Mixed Market Signals: Stock Gains Despite Oversold Market, Strong Investment Inflows

The final full trading week of 2024 shows mixed market trends with U.S. stock indices poised for weekly gains despite lower futures; global stock funds saw significant inflows last week; and Netflix's successful NFL streaming debut highlights major media landscape implications.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Record Corporate Profits Drive 2024 Stock Market Growth, but 2025 Risks Remain

The stock market's rise in 2024 is fueled by record corporate profits and margins, with technology companies like Nvidia leading the way; however, risks remain in 2025 due to potential policy errors by the Trump administration and the Federal Reserve.

Progress

48% Bias Score

Decent Work and Economic Growth