French Retirees Receive Unexpected 2.2% Pension Increase
The French government's rejection of the 2025 social security budget resulted in a 2.2% increase in basic retirement pensions for retirees starting January 1, 2025, impacting various pension funds with varying payment dates.
French Retirees Receive Unexpected 2.2% Pension Increase
The French government's rejection of the 2025 social security budget resulted in a 2.2% increase in basic retirement pensions for retirees starting January 1, 2025, impacting various pension funds with varying payment dates.
Progress
44% Bias Score
Özatay Critiques Turkey's 2023 Economic Policies
Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...
Özatay Critiques Turkey's 2023 Economic Policies
Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...
Progress
44% Bias Score
Financial Distress Rises Among UK Retailers After Lackluster Boxing Day
A 25% surge in financially stressed UK retailers over the last three months, totaling 2,124 businesses, follows a 4.9% drop in Boxing Day footfall, highlighting dampened consumer sentiment, rising costs, and shifting consumer behavior towards online shopping.
Financial Distress Rises Among UK Retailers After Lackluster Boxing Day
A 25% surge in financially stressed UK retailers over the last three months, totaling 2,124 businesses, follows a 4.9% drop in Boxing Day footfall, highlighting dampened consumer sentiment, rising costs, and shifting consumer behavior towards online shopping.
Progress
44% Bias Score
Gold: A Portfolio Diversifier and Hedge Against Uncertainty
Gold's historical significance as currency and its low correlation with stocks and bonds make it a valuable portfolio diversifier; during the ten largest S&P 500 declines (average -28%), gold gained nearly 7%, highlighting its value as a hedge against uncertainty.
Gold: A Portfolio Diversifier and Hedge Against Uncertainty
Gold's historical significance as currency and its low correlation with stocks and bonds make it a valuable portfolio diversifier; during the ten largest S&P 500 declines (average -28%), gold gained nearly 7%, highlighting its value as a hedge against uncertainty.
Progress
56% Bias Score
Record US Holiday Spending Amidst Rising Consumer Debt
US holiday spending is projected to reach a record $979.5 billion to $989 billion despite record-high credit card debt, with 36% of consumers incurring an average of $1,181 in debt this season, driven by high prices and inflation.
Record US Holiday Spending Amidst Rising Consumer Debt
US holiday spending is projected to reach a record $979.5 billion to $989 billion despite record-high credit card debt, with 36% of consumers incurring an average of $1,181 in debt this season, driven by high prices and inflation.
Progress
40% Bias Score
S&P 500 Soars 24.3% in 2024 Amidst Record High Office Vacancies
The S&P 500 index reached record highs in 2024, rising 24.3% due to Federal Reserve interest rate cuts and investor optimism following Donald Trump's election; however, high office vacancy rates signal potential economic shifts.
S&P 500 Soars 24.3% in 2024 Amidst Record High Office Vacancies
The S&P 500 index reached record highs in 2024, rising 24.3% due to Federal Reserve interest rate cuts and investor optimism following Donald Trump's election; however, high office vacancy rates signal potential economic shifts.
Progress
40% Bias Score
Turkey Cuts Interest Rates, Risks Fueling Inflation
Turkey's central bank unexpectedly cut its policy interest rate by 2.5 percentage points to 47.5 percent on December 26, 2024, exceeding market expectations and marking its first cut in 22 months, amidst high inflation and pressure from the business sector for lower borrowing costs.
Turkey Cuts Interest Rates, Risks Fueling Inflation
Turkey's central bank unexpectedly cut its policy interest rate by 2.5 percentage points to 47.5 percent on December 26, 2024, exceeding market expectations and marking its first cut in 22 months, amidst high inflation and pressure from the business sector for lower borrowing costs.
Progress
32% Bias Score
Congressional Pay Raise Sparks Political Backlash
A proposed bill to fund the government included a 3.8% cost of living raise for lawmakers, amounting to roughly \$6,600, sparking controversy due to misinformation and concerns about the cost of maintaining two residences.
Congressional Pay Raise Sparks Political Backlash
A proposed bill to fund the government included a 3.8% cost of living raise for lawmakers, amounting to roughly \$6,600, sparking controversy due to misinformation and concerns about the cost of maintaining two residences.
Progress
48% Bias Score
Record Holiday Spending Masks Mounting US Credit Card Debt
US holiday spending is projected to hit a record high between $979.5 billion and $989 billion despite record credit card debt; 36% of consumers used credit cards this season, incurring an average debt of $1,181, up from $1,028 in 2023.
Record Holiday Spending Masks Mounting US Credit Card Debt
US holiday spending is projected to hit a record high between $979.5 billion and $989 billion despite record credit card debt; 36% of consumers used credit cards this season, incurring an average debt of $1,181, up from $1,028 in 2023.
Progress
52% Bias Score
U.S. Home Prices Climb Despite High Mortgage Rates
Despite high mortgage rates, median home prices rose 5.8% in the 50 largest U.S. cities through November 2024, with Anaheim, California, leading at 12.5%, driven by limited housing supply and proximity to Los Angeles; similar trends occurred near New York City and in other areas.
U.S. Home Prices Climb Despite High Mortgage Rates
Despite high mortgage rates, median home prices rose 5.8% in the 50 largest U.S. cities through November 2024, with Anaheim, California, leading at 12.5%, driven by limited housing supply and proximity to Los Angeles; similar trends occurred near New York City and in other areas.
Progress
36% Bias Score
Turkey's Minimum Wage Hike Falls Short of Inflation Amidst Economic and Political Tensions
Turkey's minimum wage increased by 30 percent to 22,104 lira despite 47 percent annual inflation; government support for employers rose by 43 percent to 1000 lira per minimum wage earner; this insufficient increase sparked protests and criticism.
Turkey's Minimum Wage Hike Falls Short of Inflation Amidst Economic and Political Tensions
Turkey's minimum wage increased by 30 percent to 22,104 lira despite 47 percent annual inflation; government support for employers rose by 43 percent to 1000 lira per minimum wage earner; this insufficient increase sparked protests and criticism.
Progress
44% Bias Score
Turkey's Minimum Wage Hike Falls Short of Inflation
Turkey's minimum wage rose 30 percent to 22,104 lira, below the 47 percent inflation rate, prompting protests and raising concerns about its adequacy, particularly in light of the ongoing Syrian conflict.
Turkey's Minimum Wage Hike Falls Short of Inflation
Turkey's minimum wage rose 30 percent to 22,104 lira, below the 47 percent inflation rate, prompting protests and raising concerns about its adequacy, particularly in light of the ongoing Syrian conflict.
Progress
52% Bias Score