Russian Parliament Criticizes Central Bank's Tight Monetary Policy
Russian parliamentarians are urging the Central Bank to drastically lower interest rates, arguing its tight monetary policy is stifling economic growth and increasing inflation, while the Central Bank emphasizes its independence and the government's role in inflation.
Russian Parliament Criticizes Central Bank's Tight Monetary Policy
Russian parliamentarians are urging the Central Bank to drastically lower interest rates, arguing its tight monetary policy is stifling economic growth and increasing inflation, while the Central Bank emphasizes its independence and the government's role in inflation.
Progress
52% Bias Score
"Alta da Selic para 12,25%: Impacto na inflação e na economia brasileira"
"O Banco Central elevou a taxa Selic para 12,25% para combater a inflação de 4,87%, impactando o custo de empréstimos e a distribuição de renda, com potenciais consequências negativas para o crescimento econômico e o emprego."
"Alta da Selic para 12,25%: Impacto na inflação e na economia brasileira"
"O Banco Central elevou a taxa Selic para 12,25% para combater a inflação de 4,87%, impactando o custo de empréstimos e a distribuição de renda, com potenciais consequências negativas para o crescimento econômico e o emprego."
Progress
32% Bias Score
"Trump Acknowledges Grocery Price Reduction Challenges Despite Campaign Promises"
"President-elect Trump, in a Time magazine interview, acknowledges the difficulty of lowering grocery prices despite campaign promises, attributing current high prices to the Biden administration. He plans to lower costs through increased energy production and supply chain improvements, although exp...
"Trump Acknowledges Grocery Price Reduction Challenges Despite Campaign Promises"
"President-elect Trump, in a Time magazine interview, acknowledges the difficulty of lowering grocery prices despite campaign promises, attributing current high prices to the Biden administration. He plans to lower costs through increased energy production and supply chain improvements, although exp...
Progress
48% Bias Score
Party City Faces Potential Bankruptcy After Recent Restructuring
Party City, a national party supply retailer with 850 stores, is considering bankruptcy due to lagging sales and financial struggles following its emergence from Chapter 11 in 2023, facing increased competition and rising costs.
Party City Faces Potential Bankruptcy After Recent Restructuring
Party City, a national party supply retailer with 850 stores, is considering bankruptcy due to lagging sales and financial struggles following its emergence from Chapter 11 in 2023, facing increased competition and rising costs.
Progress
44% Bias Score
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Progress
44% 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
Conflicting Predictions for December 2024 Home Prices
Conflicting predictions exist about whether home prices will drop in December 2024, with some experts citing typical seasonal slowdowns, while others point to continued strong buyer demand and limited supply potentially keeping prices high, possibly even increasing them.
Conflicting Predictions for December 2024 Home Prices
Conflicting predictions exist about whether home prices will drop in December 2024, with some experts citing typical seasonal slowdowns, while others point to continued strong buyer demand and limited supply potentially keeping prices high, possibly even increasing them.
Progress
40% Bias Score
U.S. Egg Prices Surge 38% Amid Bird Flu Outbreak and Holiday Demand
The average price of a dozen Grade A large eggs in the U.S. has risen 38% since November 2023 to \$3.65, primarily due to a serious bird flu outbreak that killed 33 million egg-laying hens and increased holiday demand.
U.S. Egg Prices Surge 38% Amid Bird Flu Outbreak and Holiday Demand
The average price of a dozen Grade A large eggs in the U.S. has risen 38% since November 2023 to \$3.65, primarily due to a serious bird flu outbreak that killed 33 million egg-laying hens and increased holiday demand.
Progress
32% Bias Score
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
Progress
44% Bias Score
Delayed Wage Index Increases Greek Self-Employed Contributions by 2.7%
Over 800,000 self-employed Greek workers will face a 2.7% increase in social security contributions starting January 2025 due to the delayed implementation of a new wage index, resulting in a €6.43 monthly increase for the most popular insurance category, while a potential further increase is expect...
Delayed Wage Index Increases Greek Self-Employed Contributions by 2.7%
Over 800,000 self-employed Greek workers will face a 2.7% increase in social security contributions starting January 2025 due to the delayed implementation of a new wage index, resulting in a €6.43 monthly increase for the most popular insurance category, while a potential further increase is expect...
Progress
52% Bias Score
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