Tag #Inflation

Showing 649 to 660 of 2,707 results

smh.com.au
🌐 85% Global Worthiness
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Australia Raises Minimum Wage by 3.5 Percent

Australia's Fair Work Commission implemented a 3.5 percent minimum wage increase, benefiting roughly 2.9 million workers across various industries, starting July 1st, with a $32 weekly rise for the lowest-paid.

Progress

36% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Fed Holds Rates Steady; Impact on Mortgage Rates Remains Uncertain

The Federal Reserve maintained its benchmark interest rate at its May meeting, marking the third consecutive pause, while average 30-year fixed mortgage rates hover near 6.9%, significantly higher than recent years' averages, impacting prospective homebuyers.

Progress

48% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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German Coffee Prices Surge 12.2 Percent Amidst Climate Change and Labor Shortages

German bean coffee prices increased by 12.2 percent in April 2025, exceeding overall food and general inflation, due to climate change impacting harvests in major producing countries like Brazil and Vietnam, and labor shortages caused by emigration driven by low and unstable prices.

Progress

32% Bias Score

No Poverty
de.euronews.com
🌐 75% Global Worthiness
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EU Real Net Income: 2024 Report Highlights Disparities

A 2024 OECD report reveals that seven EU countries experienced a decrease in real net income due to higher tax rates exceeding real wage growth, while Germany saw a slight increase; this is partly attributed to 'bracket creep', where inflation pushes people into higher tax brackets.

Progress

24% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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Record High Unemployment for Recent College Grads Amidst Economic Uncertainty and AI Concerns

The US job market, while generally healthy, presents unprecedented challenges for recent college graduates, with unemployment rates for this group exceeding the national average for the first time since 1980, driven by reduced entry-level hiring, economic uncertainty, and potential AI-driven job dis...

Progress

56% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 65% Global Worthiness
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Low Interest Rates Challenge Spanish Savers

Due to the ECB's interest rate cuts, Spanish savers struggle to find high-yield options; however, some banks offer accounts and deposits with returns near 3%, often with conditions, while short-term fixed-income funds present an alternative, albeit without guaranteed returns.

Progress

36% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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Bessent Rebuts Brennan's Claims of Tariff-Driven Inflation

Treasury Secretary Scott Bessent debated CBS' Margaret Brennan on Sunday regarding the impact of Trump administration tariffs on consumer prices, with Bessent citing the recent drop in inflation to counter Brennan's concerns about price increases and highlighting the legal challenges to the tariffs.

Progress

48% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
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OECD Forecasts 2.9% Global GDP Growth in 2025 Amidst Rising Trade Pressures

The OECD forecasts a 2.9% global GDP growth in 2025, down from 3.3% in 2024, mainly due to rising trade pressures, lagging consumer confidence, tighter financial conditions, and increased policy uncertainty, particularly concerning US tariffs; this impacts the mining sector and fuels inflation.

Progress

20% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 75% Global Worthiness
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Bulgaria's Euro Adoption Faces Public Backlash

Bulgaria is poised to join the eurozone despite significant public opposition fueled by disinformation and fears of inflation; a decision by the European Commission is imminent, potentially triggering widespread unrest.

Progress

56% Bias Score

No Poverty
welt.de
🌐 75% Global Worthiness
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OECD Forecasts 1.2% German Growth in 2024 Despite Risks

The OECD predicts 1.2% German economic growth in 2024, exceeding other forecasts, driven by government investments and rising consumer spending, but risks remain due to potential trade disputes and inflation.

Progress

48% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 75% Global Worthiness
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Turkish Retirees' Holiday Bonus Loses 50,000 TL in 7 Years

A DISK-AR study reveals Turkish retirees' holiday bonus lost 50,000 TL in value over seven years due to inflation and minimum wage increases, dropping to a level where it can only buy 2 kilos of baklava in 2025.

Progress

48% Bias Score

No Poverty
cnn.com
🌐 85% Global Worthiness
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Strained Household Finances Threaten US Economic Outlook

High inflation, high interest rates, and renewed student loan repayments are straining American household finances, increasing debt defaults, and impacting consumer spending, potentially leading to an economic downturn. The Trump administration's tariffs further exacerbate uncertainty.

Progress

52% Bias Score

No Poverty

Showing 649 to 660 of 2,707 results