Russia Holds Interest Rates Amid High Inflation
The Russian Central Bank unexpectedly maintained its key interest rate at 21 percent, following President Putin's recommendation, despite high inflation (11 percent) and expectations of a rate increase to 23 percent; the decision aims to evaluate the economy's response to previous rate hikes before ...
Russia Holds Interest Rates Amid High Inflation
The Russian Central Bank unexpectedly maintained its key interest rate at 21 percent, following President Putin's recommendation, despite high inflation (11 percent) and expectations of a rate increase to 23 percent; the decision aims to evaluate the economy's response to previous rate hikes before ...
Progress
40% Bias Score
Turkey's Delinquent Consumer Debt Surges 135.1%
Delinquent consumer loans and credit cards debt in Turkey increased by 135.1% year-over-year to 105.48 billion Turkish lira by December 13, 2023, driven by high inflation impacting fixed-income households, according to economist Şenol Babuşcu who predicts further increases by 2025.
Turkey's Delinquent Consumer Debt Surges 135.1%
Delinquent consumer loans and credit cards debt in Turkey increased by 135.1% year-over-year to 105.48 billion Turkish lira by December 13, 2023, driven by high inflation impacting fixed-income households, according to economist Şenol Babuşcu who predicts further increases by 2025.
Progress
40% Bias Score
Hamburg Tafel Faces Critical Food Shortage Amid Rising Demand
The Hamburg Tafel, facing a 33% rise in food prices since 2021 and reduced donations from retailers, struggles to meet soaring demand, with 80% of its distribution points unable to accept new clients, while maintaining current support levels for registered clients.
Hamburg Tafel Faces Critical Food Shortage Amid Rising Demand
The Hamburg Tafel, facing a 33% rise in food prices since 2021 and reduced donations from retailers, struggles to meet soaring demand, with 80% of its distribution points unable to accept new clients, while maintaining current support levels for registered clients.
Progress
36% Bias Score
Party City Files for Second Bankruptcy in Less Than Two Years
Party City, the nation's largest party supply chain, filed for Chapter 11 bankruptcy on Saturday, its second in less than two years, after announcing store closures starting February 28th and impacting approximately 12,000 employees; about 95% will be retained through the wind-down process; stores w...
Party City Files for Second Bankruptcy in Less Than Two Years
Party City, the nation's largest party supply chain, filed for Chapter 11 bankruptcy on Saturday, its second in less than two years, after announcing store closures starting February 28th and impacting approximately 12,000 employees; about 95% will be retained through the wind-down process; stores w...
Progress
36% Bias Score
Fed's Cautious Rate Cuts Signal End of Trump-Market Honeymoon
The Federal Reserve's slower-than-expected interest rate cuts in 2025, driven by concerns over inflation stemming from Trump's tariff and immigration policies, caused Wall Street to decline and the dollar to strengthen, signaling a potential end to the honeymoon period between markets and the incomi...
Fed's Cautious Rate Cuts Signal End of Trump-Market Honeymoon
The Federal Reserve's slower-than-expected interest rate cuts in 2025, driven by concerns over inflation stemming from Trump's tariff and immigration policies, caused Wall Street to decline and the dollar to strengthen, signaling a potential end to the honeymoon period between markets and the incomi...
Progress
44% Bias Score
Fed's Inflation Announcement Triggers Stock Market Plunge
The Federal Reserve's announcement on Wednesday that inflation will be higher than expected next year, resulting in only two planned rate cuts in 2025 instead of four, caused a significant stock market downturn, erasing nearly all post-election gains and highlighting the Fed's power over the markets...
Fed's Inflation Announcement Triggers Stock Market Plunge
The Federal Reserve's announcement on Wednesday that inflation will be higher than expected next year, resulting in only two planned rate cuts in 2025 instead of four, caused a significant stock market downturn, erasing nearly all post-election gains and highlighting the Fed's power over the markets...
Progress
52% Bias Score
Food Banks in Germany Face Crisis Amidst Rising Food Insecurity
Due to increased food and rent prices and high inflation, 40 percent of German food banks have temporarily stopped accepting new clients or introduced waiting lists, impacting 1.6 million people who rely on food donations; the German government is urged to address systemic poverty.
Food Banks in Germany Face Crisis Amidst Rising Food Insecurity
Due to increased food and rent prices and high inflation, 40 percent of German food banks have temporarily stopped accepting new clients or introduced waiting lists, impacting 1.6 million people who rely on food donations; the German government is urged to address systemic poverty.
Progress
40% Bias Score
Trans Woman's Struggle Highlights US Economic Hardship
Chiugo Akujuobi, a 26-year-old trans woman, survives on food pantries and friends' help after fleeing transphobic abuse in Houston; their financial struggles exemplify the difficulties faced by low-income Americans amidst persistent inflation and the potential impact of new tariffs.
Trans Woman's Struggle Highlights US Economic Hardship
Chiugo Akujuobi, a 26-year-old trans woman, survives on food pantries and friends' help after fleeing transphobic abuse in Houston; their financial struggles exemplify the difficulties faced by low-income Americans amidst persistent inflation and the potential impact of new tariffs.
Progress
24% Bias Score
Bonds Gain Appeal Amidst Stock Market Volatility and Economic Uncertainty
Despite underperforming stocks in 2024, bonds are increasingly attractive due to high yields, high equity valuations, and economic uncertainty; the iShares Core U.S. Aggregate Bond ETF is down 2.3 percent, while the S&P 500 trades at over 37 times earnings.
Bonds Gain Appeal Amidst Stock Market Volatility and Economic Uncertainty
Despite underperforming stocks in 2024, bonds are increasingly attractive due to high yields, high equity valuations, and economic uncertainty; the iShares Core U.S. Aggregate Bond ETF is down 2.3 percent, while the S&P 500 trades at over 37 times earnings.
Progress
40% Bias Score
Inflation, Stock Market Bubbles, and the Potential Impact of Trump on the Canadian Economy
Despite a 30 percent cost-of-living increase in Canada due to inflation, global debt has decreased by over 30 percentage points since early 2021; however, stock market bubbles, while risky, can fuel innovation; and potential US tariffs on Canadian oil are unlikely, offering Canada an opportunity to ...
Inflation, Stock Market Bubbles, and the Potential Impact of Trump on the Canadian Economy
Despite a 30 percent cost-of-living increase in Canada due to inflation, global debt has decreased by over 30 percentage points since early 2021; however, stock market bubbles, while risky, can fuel innovation; and potential US tariffs on Canadian oil are unlikely, offering Canada an opportunity to ...
Progress
48% Bias Score
Loonie Falls Below 70 Cents Amidst US Dollar Strength and Tariff Threats
The Canadian dollar fell below 70 US cents due to US Federal Reserve actions, US tariff threats against Canada, and Canadian political instability; analysts predict continued weakness unless US dollar weakens or tariffs fail to materialize.
Loonie Falls Below 70 Cents Amidst US Dollar Strength and Tariff Threats
The Canadian dollar fell below 70 US cents due to US Federal Reserve actions, US tariff threats against Canada, and Canadian political instability; analysts predict continued weakness unless US dollar weakens or tariffs fail to materialize.
Progress
44% Bias Score
Fed Slows Interest Rate Cuts, Dampening Market Optimism
Jerome Powell announced a slower-than-expected pace of interest rate cuts due to a strong US economy and persistent inflation, causing a market downturn despite positive long-term stock market predictions; the euro also weakened against the dollar.
Fed Slows Interest Rate Cuts, Dampening Market Optimism
Jerome Powell announced a slower-than-expected pace of interest rate cuts due to a strong US economy and persistent inflation, causing a market downturn despite positive long-term stock market predictions; the euro also weakened against the dollar.
Progress
36% Bias Score