India's Economic Growth Slows to Seven-Quarter Low
India's GDP growth slowed to 5.4% in the July-September quarter, a seven-quarter low, primarily due to weakened consumer demand, sluggish private investment, and reduced government spending; this slowdown contrasts with the government's claims of robust growth, highlighting underlying economic chall...
India's Economic Growth Slows to Seven-Quarter Low
India's GDP growth slowed to 5.4% in the July-September quarter, a seven-quarter low, primarily due to weakened consumer demand, sluggish private investment, and reduced government spending; this slowdown contrasts with the government's claims of robust growth, highlighting underlying economic chall...
Progress
16% Bias Score
"Milei's First Year: Fiscal Adjustment, Recession, and a Rally in Financial Markets"
"After inheriting a broken economy, President Milei's administration implemented a shock exchange rate policy, cutting public spending and subsidies, leading to a recession but also allowing the central bank to accumulate dollar reserves and triggering a rally in financial asset prices."
"Milei's First Year: Fiscal Adjustment, Recession, and a Rally in Financial Markets"
"After inheriting a broken economy, President Milei's administration implemented a shock exchange rate policy, cutting public spending and subsidies, leading to a recession but also allowing the central bank to accumulate dollar reserves and triggering a rally in financial asset prices."
Progress
40% Bias Score
ECB to slightly lower interest rates amid economic uncertainty
The European Central Bank is expected to slightly lower interest rates by 25 basis points to 3% on Thursday despite recent positive Eurozone GDP growth and inflation reaching the ECB target of 2.3%, due to concerns about future economic slowdown, political instability in France, and potential US tar...
ECB to slightly lower interest rates amid economic uncertainty
The European Central Bank is expected to slightly lower interest rates by 25 basis points to 3% on Thursday despite recent positive Eurozone GDP growth and inflation reaching the ECB target of 2.3%, due to concerns about future economic slowdown, political instability in France, and potential US tar...
Progress
60% Bias Score
Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
Progress
40% Bias Score
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
Progress
44% Bias Score
Spain's 2025 Minimum Wage Increase Projected Between €34 and €68
A Spanish government committee proposes a €34-€68 monthly minimum wage increase for 2025, balancing inflation compensation with maintaining 60% of the average wage; final figures await INE data.
Spain's 2025 Minimum Wage Increase Projected Between €34 and €68
A Spanish government committee proposes a €34-€68 monthly minimum wage increase for 2025, balancing inflation compensation with maintaining 60% of the average wage; final figures await INE data.
Progress
32% Bias Score
Climate Change Drives 70% Surge in Arabica Coffee Bean Prices
Arabica coffee bean prices jumped 70% in 2023 to \$3.50 per pound—the highest since 1977—due to climate change-related events that diminished crop yields in Brazil and Vietnam, impacting coffee prices for consumers and businesses.
Climate Change Drives 70% Surge in Arabica Coffee Bean Prices
Arabica coffee bean prices jumped 70% in 2023 to \$3.50 per pound—the highest since 1977—due to climate change-related events that diminished crop yields in Brazil and Vietnam, impacting coffee prices for consumers and businesses.
Progress
32% Bias Score
UK Government Faces Union Backlash Over 2.8% Public Sector Pay Rise
The UK government proposed a 2.8% pay rise for NHS staff, teachers, and civil servants for 2025-26, significantly lower than previous increases and sparking union fury and threats of renewed strikes amid the current economic climate.
UK Government Faces Union Backlash Over 2.8% Public Sector Pay Rise
The UK government proposed a 2.8% pay rise for NHS staff, teachers, and civil servants for 2025-26, significantly lower than previous increases and sparking union fury and threats of renewed strikes amid the current economic climate.
Progress
52% Bias Score
Inflation Data Supports Expected Federal Reserve Rate Cut
The November CPI rose 0.3% month-over-month and 2.7% year-over-year, while core CPI increased 0.3% and 3.3%, respectively, aligning with expectations and paving the way for another Federal Reserve rate cut next week.
Inflation Data Supports Expected Federal Reserve Rate Cut
The November CPI rose 0.3% month-over-month and 2.7% year-over-year, while core CPI increased 0.3% and 3.3%, respectively, aligning with expectations and paving the way for another Federal Reserve rate cut next week.
Progress
40% Bias Score
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
Progress
52% Bias Score
Scholz Proposes VAT Cut on Food Amid Rising Prices
German Chancellor Olaf Scholz proposed lowering the reduced VAT rate for many foods from 7% to 5% to alleviate rising food prices, a move criticized by the opposition and economic experts for its potential ineffectiveness and distributional consequences.
Scholz Proposes VAT Cut on Food Amid Rising Prices
German Chancellor Olaf Scholz proposed lowering the reduced VAT rate for many foods from 7% to 5% to alleviate rising food prices, a move criticized by the opposition and economic experts for its potential ineffectiveness and distributional consequences.
Progress
32% Bias Score
French Executive Compensation Lags Behind Inflation, Impacting Purchasing Power
A recent study by Apec reveals that despite a record 60% of French executives receiving salary increases in 2024, median executive compensation has increased less than inflation since 2019, resulting in decreased purchasing power for over 60% of executives, with a persistent gender pay gap.
French Executive Compensation Lags Behind Inflation, Impacting Purchasing Power
A recent study by Apec reveals that despite a record 60% of French executives receiving salary increases in 2024, median executive compensation has increased less than inflation since 2019, resulting in decreased purchasing power for over 60% of executives, with a persistent gender pay gap.
Progress
48% Bias Score