ECB Cuts Interest Rates for Fourth Time in 2023
The European Central Bank (ECB) reduced its key interest rates by 25 basis points on December 12, 2023, marking the fourth rate cut this year, bringing the deposit facility rate to 3 percent, the main refinancing operation rate to 3.15 percent, and the marginal lending facility rate to 3.4 percent, ...
ECB Cuts Interest Rates for Fourth Time in 2023
The European Central Bank (ECB) reduced its key interest rates by 25 basis points on December 12, 2023, marking the fourth rate cut this year, bringing the deposit facility rate to 3 percent, the main refinancing operation rate to 3.15 percent, and the marginal lending facility rate to 3.4 percent, ...
Progress
32% Bias Score
US Markets Retreat Amid Higher Inflation
US markets fell on Thursday following higher-than-expected producer and consumer inflation numbers; the S&P 500 and Dow Jones fell, while the 10-year Treasury yield rose to 4.334%. Conversely, Broadcom shares surged after announcing better-than-expected earnings.
US Markets Retreat Amid Higher Inflation
US markets fell on Thursday following higher-than-expected producer and consumer inflation numbers; the S&P 500 and Dow Jones fell, while the 10-year Treasury yield rose to 4.334%. Conversely, Broadcom shares surged after announcing better-than-expected earnings.
Progress
40% Bias Score
"ECB Cuts Interest Rates Amidst Revised Growth and Inflation Projections"
"The European Central Bank (ECB) cut interest rates by 0.25% on Thursday, marking the fourth reduction since June. This decision follows downward revisions to Eurozone growth projections for 2024-2026, attributed to weaker exports and potential US tariffs, while inflation predictions have improved."
"ECB Cuts Interest Rates Amidst Revised Growth and Inflation Projections"
"The European Central Bank (ECB) cut interest rates by 0.25% on Thursday, marking the fourth reduction since June. This decision follows downward revisions to Eurozone growth projections for 2024-2026, attributed to weaker exports and potential US tariffs, while inflation predictions have improved."
Progress
44% Bias Score
"Higher-Than-Expected Inflation Fuels Global Market Decline"
"US producer prices rose 0.4% in November, exceeding expectations and contributing to market declines; the S&P 500 and Dow fell 0.54% and 0.53%, respectively, while Asia-Pacific markets also retreated."
"Higher-Than-Expected Inflation Fuels Global Market Decline"
"US producer prices rose 0.4% in November, exceeding expectations and contributing to market declines; the S&P 500 and Dow fell 0.54% and 0.53%, respectively, while Asia-Pacific markets also retreated."
Progress
48% Bias Score
Bundesbank sharply cuts German growth forecast, predicts recession
The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.
Bundesbank sharply cuts German growth forecast, predicts recession
The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.
Progress
44% Bias Score
Dutch Central Bank Revises Inflation Forecast Upward to 3.2%
The Dutch Central Bank (DNB) revised its inflation forecast upward to 3.2% for next year, warning that current high inflation could become structural without policy adjustments; this contrasts with previous expectations of a quick return to 2% inflation.
Dutch Central Bank Revises Inflation Forecast Upward to 3.2%
The Dutch Central Bank (DNB) revised its inflation forecast upward to 3.2% for next year, warning that current high inflation could become structural without policy adjustments; this contrasts with previous expectations of a quick return to 2% inflation.
Progress
40% Bias Score
Trump Import Tax Hikes to Increase Prices for American Consumers
The incoming Trump administration's proposed import tax increases will lead to higher prices for various consumer goods, including shoes, toys, food, and electronics, significantly impacting American households, particularly lower-income ones, according to new research.
Trump Import Tax Hikes to Increase Prices for American Consumers
The incoming Trump administration's proposed import tax increases will lead to higher prices for various consumer goods, including shoes, toys, food, and electronics, significantly impacting American households, particularly lower-income ones, according to new research.
Progress
48% Bias Score
Costco Q1 FY2025 Beats Expectations, Driven by Strong Membership Growth and Margin Expansion
Costco's first-quarter fiscal year 2025 results exceeded expectations, with total revenue hitting $62.15 billion and earnings per share reaching $4.04, driven by increased traffic, membership growth, and margin expansion; this outperformance highlights Costco's strong market position and value propo...
Costco Q1 FY2025 Beats Expectations, Driven by Strong Membership Growth and Margin Expansion
Costco's first-quarter fiscal year 2025 results exceeded expectations, with total revenue hitting $62.15 billion and earnings per share reaching $4.04, driven by increased traffic, membership growth, and margin expansion; this outperformance highlights Costco's strong market position and value propo...
Progress
48% Bias Score
"ECB Cuts Interest Rates by 0.25 Percentage Points, Signals Further Easing in 2025"
"The European Central Bank (ECB) implemented a 0.25 percentage point interest rate cut, bringing deposit, refinancing, and lending facility rates to 3.00%, 3.15%, and 3.40% respectively, signaling further easing in 2025 due to inflation nearing the target and economic slowdown; this follows internal...
"ECB Cuts Interest Rates by 0.25 Percentage Points, Signals Further Easing in 2025"
"The European Central Bank (ECB) implemented a 0.25 percentage point interest rate cut, bringing deposit, refinancing, and lending facility rates to 3.00%, 3.15%, and 3.40% respectively, signaling further easing in 2025 due to inflation nearing the target and economic slowdown; this follows internal...
Progress
32% Bias Score
Global Bond Yields Rise, Stalling European Markets Amidst Contrasting US and China Economic Trends
Rising global government bond yields stalled European stock market rallies, while the US and China showed contrasting economic trends: the US saw stable inflation and a gradual Fed rate cut expectation, while China's stimulus boosted its stock markets and commodity prices, despite global uncertainti...
Global Bond Yields Rise, Stalling European Markets Amidst Contrasting US and China Economic Trends
Rising global government bond yields stalled European stock market rallies, while the US and China showed contrasting economic trends: the US saw stable inflation and a gradual Fed rate cut expectation, while China's stimulus boosted its stock markets and commodity prices, despite global uncertainti...
Progress
44% Bias Score
UK Economy Contracts for Second Straight Month
Britain's economy shrank 0.1% in October, marking the first back-to-back monthly falls since the start of the COVID-19 pandemic, impacting new finance minister Rachel Reeves, and defying economists' predictions of 0.1% growth.
UK Economy Contracts for Second Straight Month
Britain's economy shrank 0.1% in October, marking the first back-to-back monthly falls since the start of the COVID-19 pandemic, impacting new finance minister Rachel Reeves, and defying economists' predictions of 0.1% growth.
Progress
44% Bias Score
Broadcom's AI Surge, ServiceTitan IPO Boost Market Despite Downturn
Broadcom's AI sales forecast surges 65% for Q1 2025, boosting its stock by 14%, while ServiceTitan's IPO jumps 40%, and rising oil prices add inflation concerns; however, the S&P 500 and Nasdaq fell 0.5% and 0.7% respectively.
Broadcom's AI Surge, ServiceTitan IPO Boost Market Despite Downturn
Broadcom's AI sales forecast surges 65% for Q1 2025, boosting its stock by 14%, while ServiceTitan's IPO jumps 40%, and rising oil prices add inflation concerns; however, the S&P 500 and Nasdaq fell 0.5% and 0.7% respectively.
Progress
40% Bias Score