Hamburg's Vattenfall Raises Electricity Prices by 8.9%
Vattenfall, Hamburg's primary electricity supplier, is increasing its basic electricity tariff by 8.9% starting April 1st, due to a 9% rise in network charges by Hamburger Energienetze and additional taxes. A household using 2,500 kWh annually will see a 9.82 euro monthly increase.
Hamburg's Vattenfall Raises Electricity Prices by 8.9%
Vattenfall, Hamburg's primary electricity supplier, is increasing its basic electricity tariff by 8.9% starting April 1st, due to a 9% rise in network charges by Hamburger Energienetze and additional taxes. A household using 2,500 kWh annually will see a 9.82 euro monthly increase.
Progress
36% Bias Score
Strong Bank Earnings Boost S&P 500 by 2.9%
Last week, the S&P 500 rose 2.9% due to strong bank earnings (up 8.2%), exceeding expectations with 79% of S&P 500 companies reporting better-than-expected Q4 results; 40 more S&P 500 companies report this week, including additional banks, 3M, Netflix, and Johnson & Johnson.
Strong Bank Earnings Boost S&P 500 by 2.9%
Last week, the S&P 500 rose 2.9% due to strong bank earnings (up 8.2%), exceeding expectations with 79% of S&P 500 companies reporting better-than-expected Q4 results; 40 more S&P 500 companies report this week, including additional banks, 3M, Netflix, and Johnson & Johnson.
Progress
32% Bias Score
Mixed Public Opinion on Biden's Presidency Amidst Policy Achievements and Controversies
Gallup polls show mixed public opinion on President Biden's presidency; while some praise his COVID-19 response and legislative achievements, others criticize inflation and the Afghanistan withdrawal; his unexpected 2024 reelection withdrawal further complicates historical assessment.
Mixed Public Opinion on Biden's Presidency Amidst Policy Achievements and Controversies
Gallup polls show mixed public opinion on President Biden's presidency; while some praise his COVID-19 response and legislative achievements, others criticize inflation and the Afghanistan withdrawal; his unexpected 2024 reelection withdrawal further complicates historical assessment.
Progress
32% Bias Score
Federal Reserve Monetary Policy Rule: Unnecessary and Harmful
This article refutes the Cato Institute's proposal for the Federal Reserve to adopt a monetary policy rule, arguing that market forces driven by production, not central banks, determine money supply, and that government intervention is inherently harmful.
Federal Reserve Monetary Policy Rule: Unnecessary and Harmful
This article refutes the Cato Institute's proposal for the Federal Reserve to adopt a monetary policy rule, arguing that market forces driven by production, not central banks, determine money supply, and that government intervention is inherently harmful.
Progress
56% Bias Score
Biden's Economic Performance: Job Growth, Unemployment, Inflation, and GDP
President Biden's administration oversaw the creation of 17 million jobs, reduced unemployment from 6.4% to 4.1%, lowered inflation to 2.9%, and increased the GDP from \$23.5 trillion to \$27.7 trillion between 2021 and 2024.
Biden's Economic Performance: Job Growth, Unemployment, Inflation, and GDP
President Biden's administration oversaw the creation of 17 million jobs, reduced unemployment from 6.4% to 4.1%, lowered inflation to 2.9%, and increased the GDP from \$23.5 trillion to \$27.7 trillion between 2021 and 2024.
Progress
52% Bias Score
Small Business Earnings Plummet in Q4 2024 Amid Rising Costs
Biz2Credit's December 2024 Small Business Earnings Report shows average monthly earnings plummeted to $83,083, down from $150,917 in 2023, due to rising expenses outpacing revenue growth, particularly in the second half of the year, impacting 100,000 small businesses.
Small Business Earnings Plummet in Q4 2024 Amid Rising Costs
Biz2Credit's December 2024 Small Business Earnings Report shows average monthly earnings plummeted to $83,083, down from $150,917 in 2023, due to rising expenses outpacing revenue growth, particularly in the second half of the year, impacting 100,000 small businesses.
Progress
36% Bias Score
UK Housing Market Sees Record Seller Increase and Price Jump
Since Boxing Day, a record number of new sellers entered the UK housing market, resulting in a 1.7% average price increase to £366,189 and an 11% rise in sales agreed compared to the previous year, driven by falling interest rates, despite affordability concerns.
UK Housing Market Sees Record Seller Increase and Price Jump
Since Boxing Day, a record number of new sellers entered the UK housing market, resulting in a 1.7% average price increase to £366,189 and an 11% rise in sales agreed compared to the previous year, driven by falling interest rates, despite affordability concerns.
Progress
36% Bias Score
Global Economic Uncertainty in 2025: Inflation, Interest Rates, and Trade Wars
The global economy faces uncertainty in 2025, with projected 3.2% growth threatened by persistent inflation, US interest rate policies, and Donald Trump's potential re-imposition of tariffs on China, Canada, and Mexico, impacting supply chains and potentially causing a recession.
Global Economic Uncertainty in 2025: Inflation, Interest Rates, and Trade Wars
The global economy faces uncertainty in 2025, with projected 3.2% growth threatened by persistent inflation, US interest rate policies, and Donald Trump's potential re-imposition of tariffs on China, Canada, and Mexico, impacting supply chains and potentially causing a recession.
Progress
44% Bias Score
US Stocks Soar on Inflation Data, Big Tech Gains
US stock indexes closed their best week in two months on Friday, with the S&P 500 up 1 percent, the Dow Jones up 0.8 percent, and the Nasdaq up 1.5 percent; this rally was fueled by strong performances from Big Tech companies and positive inflation news, raising hopes for further interest rate cuts ...
US Stocks Soar on Inflation Data, Big Tech Gains
US stock indexes closed their best week in two months on Friday, with the S&P 500 up 1 percent, the Dow Jones up 0.8 percent, and the Nasdaq up 1.5 percent; this rally was fueled by strong performances from Big Tech companies and positive inflation news, raising hopes for further interest rate cuts ...
Progress
44% Bias Score
TD Bank CEO Steps Down Amidst Board Overhaul and Regulatory Penalties
TD Bank CEO Bharat Masrani is stepping down February 1st, ahead of schedule, and Chairman Alan MacGibbon will leave later this year, following a board overhaul and executive pay cuts due to US regulatory penalties for anti-money laundering failures; Raymond Chun is the incoming CEO.
TD Bank CEO Steps Down Amidst Board Overhaul and Regulatory Penalties
TD Bank CEO Bharat Masrani is stepping down February 1st, ahead of schedule, and Chairman Alan MacGibbon will leave later this year, following a board overhaul and executive pay cuts due to US regulatory penalties for anti-money laundering failures; Raymond Chun is the incoming CEO.
Progress
44% Bias Score
IMF: Widening US-Europe Economic Gap, Global Uncertainty
The IMF predicts a 2.7% US GDP growth in 2025 versus 1% for the Eurozone, due to higher US government spending, stronger innovation, and structural issues in Europe, creating global economic uncertainty.
IMF: Widening US-Europe Economic Gap, Global Uncertainty
The IMF predicts a 2.7% US GDP growth in 2025 versus 1% for the Eurozone, due to higher US government spending, stronger innovation, and structural issues in Europe, creating global economic uncertainty.
Progress
40% Bias Score
Germany's Inflation Rises to 2.6 Percent in December 2024
Germany's December 2024 inflation hit 2.6 percent year-on-year, the second-highest in 2024 after January's 2.9 percent, due to rising service and food prices; 2024's average inflation was 1 percent, with food price increases offset by energy price decreases.
Germany's Inflation Rises to 2.6 Percent in December 2024
Germany's December 2024 inflation hit 2.6 percent year-on-year, the second-highest in 2024 after January's 2.9 percent, due to rising service and food prices; 2024's average inflation was 1 percent, with food price increases offset by energy price decreases.
Progress
40% Bias Score