India's Economic Growth Slows to 5.4%, Below Projections
India's economic growth slowed to 5.4% in Q3 2023, below the projected 7%, due to weak consumer demand, stagnant private investment, reduced government spending, and high interest rates aimed at curbing 6.2% inflation; experts highlight a dualistic economy hindering sustained growth.
India's Economic Growth Slows to 5.4%, Below Projections
India's economic growth slowed to 5.4% in Q3 2023, below the projected 7%, due to weak consumer demand, stagnant private investment, reduced government spending, and high interest rates aimed at curbing 6.2% inflation; experts highlight a dualistic economy hindering sustained growth.
Progress
16% Bias Score
Trump's Plan for Immediate Inflation Relief Through Energy Policy Changes
President-elect Trump plans three immediate actions to combat inflation: repealing the natural gas tax in the Inflation Reduction Act, reopening domestic electricity plants, and expanding oil production to lower energy costs.
Trump's Plan for Immediate Inflation Relief Through Energy Policy Changes
President-elect Trump plans three immediate actions to combat inflation: repealing the natural gas tax in the Inflation Reduction Act, reopening domestic electricity plants, and expanding oil production to lower energy costs.
Progress
56% Bias Score
Trump's Economic Policies: Potential for Slower Growth and Higher Inflation
President-elect Trump's economic policies, including tax cuts and tariffs, contrast with President Biden's approach, despite a strong economy under Biden; this could lead to decreased growth and increased inflation, particularly in food and restaurant prices.
Trump's Economic Policies: Potential for Slower Growth and Higher Inflation
President-elect Trump's economic policies, including tax cuts and tariffs, contrast with President Biden's approach, despite a strong economy under Biden; this could lead to decreased growth and increased inflation, particularly in food and restaurant prices.
Progress
40% Bias Score
UK Economy Stagnates: Zero Growth in Q3 2024
Revised UK economic figures show zero growth between July and September 2024, down from an initial estimate of 0.1%, prompting concerns about the government's economic strategy and impacting business and consumer confidence.
UK Economy Stagnates: Zero Growth in Q3 2024
Revised UK economic figures show zero growth between July and September 2024, down from an initial estimate of 0.1%, prompting concerns about the government's economic strategy and impacting business and consumer confidence.
Progress
56% Bias Score
Gold Prices Hit Record Highs Amidst Inflation and Geopolitical Uncertainty
Driven by inflation and geopolitical concerns, gold prices recently surpassed \$2,700 per ounce, exceeding previous records, prompting experts to predict further price increases in 2025 despite inflation cooling, though the extent of those increases is still uncertain.
Gold Prices Hit Record Highs Amidst Inflation and Geopolitical Uncertainty
Driven by inflation and geopolitical concerns, gold prices recently surpassed \$2,700 per ounce, exceeding previous records, prompting experts to predict further price increases in 2025 despite inflation cooling, though the extent of those increases is still uncertain.
Progress
56% Bias Score
US Economy Poised for Continued Growth in 2025
The US economy is poised for continued growth in 2025, driven by a strong labor market, solid consumer spending, and anticipated interest rate cuts by the Federal Reserve, despite existing inflation and geopolitical risks.
US Economy Poised for Continued Growth in 2025
The US economy is poised for continued growth in 2025, driven by a strong labor market, solid consumer spending, and anticipated interest rate cuts by the Federal Reserve, despite existing inflation and geopolitical risks.
Progress
44% Bias Score
US Stocks Rise After Shutdown Averted, Inflation Eases Concerns
U.S. stock index futures rose on Monday following Congress's passage of a spending bill that averted a government shutdown and a positive inflation report that reduced concerns about interest rate hikes; the Dow E-minis rose 0.07%, the S&P 500 E-minis rose 0.26%, and the Nasdaq 100 E-minis rose 0.45...
US Stocks Rise After Shutdown Averted, Inflation Eases Concerns
U.S. stock index futures rose on Monday following Congress's passage of a spending bill that averted a government shutdown and a positive inflation report that reduced concerns about interest rate hikes; the Dow E-minis rose 0.07%, the S&P 500 E-minis rose 0.26%, and the Nasdaq 100 E-minis rose 0.45...
Progress
44% Bias Score
Fed Holds Steady on Rates in January, More Cuts Expected in 2025
The Federal Reserve cut interest rates by 0.25% on December 18, 2024, but a January 29, 2025 rate cut is unlikely due to elevated inflation (November CPI at 2.7%, core CPI at 3.3%) and low unemployment; however, further cuts are likely in 2025.
Fed Holds Steady on Rates in January, More Cuts Expected in 2025
The Federal Reserve cut interest rates by 0.25% on December 18, 2024, but a January 29, 2025 rate cut is unlikely due to elevated inflation (November CPI at 2.7%, core CPI at 3.3%) and low unemployment; however, further cuts are likely in 2025.
Progress
40% Bias Score
U.S. Job Market Shifts from "Great Resignation" to "Great Stay
The U.S. job market has transitioned from the "Great Resignation" to the "Great Stay," with low hiring, quits, and layoffs, primarily due to employer reluctance to lay off workers and reduced hiring stemming from the Federal Reserve's interest rate hikes to curb inflation.
U.S. Job Market Shifts from "Great Resignation" to "Great Stay
The U.S. job market has transitioned from the "Great Resignation" to the "Great Stay," with low hiring, quits, and layoffs, primarily due to employer reluctance to lay off workers and reduced hiring stemming from the Federal Reserve's interest rate hikes to curb inflation.
Progress
44% Bias Score
Putin Orders Review of Russia's 17 Trillion Ruble Loan Subsidy Program
Facing high inflation despite rapid economic growth and low unemployment, Russia's President Putin ordered a review of the effectiveness of a 17 trillion ruble loan subsidy program, emphasizing the need for better risk distribution and improved communication to ensure the program's long-term sustain...
Putin Orders Review of Russia's 17 Trillion Ruble Loan Subsidy Program
Facing high inflation despite rapid economic growth and low unemployment, Russia's President Putin ordered a review of the effectiveness of a 17 trillion ruble loan subsidy program, emphasizing the need for better risk distribution and improved communication to ensure the program's long-term sustain...
Progress
44% Bias Score
Bank of Canada Cuts Interest Rate to 3.25% Amidst Economic Uncertainty
On December 11th, the Bank of Canada lowered its policy interest rate by 0.5 percentage points to 3.25 percent, its fifth consecutive cut since June, driven by weaker-than-expected economic growth in Q3 and inflation meeting the 2 percent target, despite mixed economic signals and internal debate on...
Bank of Canada Cuts Interest Rate to 3.25% Amidst Economic Uncertainty
On December 11th, the Bank of Canada lowered its policy interest rate by 0.5 percentage points to 3.25 percent, its fifth consecutive cut since June, driven by weaker-than-expected economic growth in Q3 and inflation meeting the 2 percent target, despite mixed economic signals and internal debate on...
Progress
32% Bias Score
German Cities Increase Parking Fees to Address Budget Shortfalls
Kiel and Flensburg are raising parking fees in 2025, with Kiel increasing hourly rates from €1.50 to €2.00 to address a budget deficit and Flensburg implementing cashless payments by the end of 2025, while Lübeck's proposed increase is postponed due to new court rulings.
German Cities Increase Parking Fees to Address Budget Shortfalls
Kiel and Flensburg are raising parking fees in 2025, with Kiel increasing hourly rates from €1.50 to €2.00 to address a budget deficit and Flensburg implementing cashless payments by the end of 2025, while Lübeck's proposed increase is postponed due to new court rulings.
Progress
32% Bias Score