Showing 397 to 408 of 1,706 results
Australia and US Adopt Diverging Interest Rate Strategies Amidst Contrasting Economic Realities
The Reserve Bank of Australia is poised to cut interest rates for the third time this year due to falling inflation and a strong jobs market, contrasting sharply with the US where President Trump is pressuring the Federal Reserve to lower rates despite a massive budget deficit and unsustainable fisc...
Australia and US Adopt Diverging Interest Rate Strategies Amidst Contrasting Economic Realities
The Reserve Bank of Australia is poised to cut interest rates for the third time this year due to falling inflation and a strong jobs market, contrasting sharply with the US where President Trump is pressuring the Federal Reserve to lower rates despite a massive budget deficit and unsustainable fisc...
Progress
60% Bias Score
U.S. Job Growth Masks Underlying Economic Weakness as Massive Budget Deficit Looms
In June, the U.S. added 144,000 jobs, lowering unemployment to 4.1 percent; however, job gains were concentrated in specific sectors, and the decrease in the unemployment rate was due to fewer people seeking work. The recently passed budget bill, with large tax cuts for higher earners and cuts to so...
U.S. Job Growth Masks Underlying Economic Weakness as Massive Budget Deficit Looms
In June, the U.S. added 144,000 jobs, lowering unemployment to 4.1 percent; however, job gains were concentrated in specific sectors, and the decrease in the unemployment rate was due to fewer people seeking work. The recently passed budget bill, with large tax cuts for higher earners and cuts to so...
Progress
56% Bias Score
Toronto Home Sales Rise Despite Continued Price Declines
Toronto home sales rose 8.1 percent in June, continuing a three-month upward trend driven by lower prices and abundant inventory; however, sales remain 30 percent below the 10-year average, and the home price index fell 5.6 percent year-over-year.
Toronto Home Sales Rise Despite Continued Price Declines
Toronto home sales rose 8.1 percent in June, continuing a three-month upward trend driven by lower prices and abundant inventory; however, sales remain 30 percent below the 10-year average, and the home price index fell 5.6 percent year-over-year.
Progress
32% Bias Score
Trump Demands Powell's Resignation Amidst Interest Rate Dispute
President Trump publicly demanded the immediate resignation of Federal Reserve Chair Jerome Powell, citing a call for his investigation and reiterating his long-standing criticism of Powell's interest rate policies, despite legal limitations on his ability to remove Powell.
Trump Demands Powell's Resignation Amidst Interest Rate Dispute
President Trump publicly demanded the immediate resignation of Federal Reserve Chair Jerome Powell, citing a call for his investigation and reiterating his long-standing criticism of Powell's interest rate policies, despite legal limitations on his ability to remove Powell.
Progress
40% Bias Score
Strong US Job Growth in June Defies Expectations, Reduces Rate Cut Probability
Despite President Trump's trade policies and pressure on the Federal Reserve, the US economy added 147,000 jobs in June 2023, lowering unemployment to 4.1% and making a July interest rate cut unlikely.
Strong US Job Growth in June Defies Expectations, Reduces Rate Cut Probability
Despite President Trump's trade policies and pressure on the Federal Reserve, the US economy added 147,000 jobs in June 2023, lowering unemployment to 4.1% and making a July interest rate cut unlikely.
Progress
40% Bias Score
US Stocks Surge to Record Highs on Unexpectedly Strong Jobs Report
Stronger-than-expected US job growth, adding 147,000 jobs in July, propelled US stocks to record highs, with the S&P 500 hitting an all-time high for the fourth time in five days; meanwhile, the Australian dollar weakened, and the Australian sharemarket is poised for a slight increase.
US Stocks Surge to Record Highs on Unexpectedly Strong Jobs Report
Stronger-than-expected US job growth, adding 147,000 jobs in July, propelled US stocks to record highs, with the S&P 500 hitting an all-time high for the fourth time in five days; meanwhile, the Australian dollar weakened, and the Australian sharemarket is poised for a slight increase.
Progress
40% Bias Score
UK Borrowing Costs Rise Amid Concerns Over Labour's Finances
UK ten-year gilt yields saw their first weekly rise since May, increasing to 4.56 percent from 4.5 percent, driven by concerns over Labour's handling of public finances following a £5 billion welfare reform U-turn and the Chancellor's emotional Commons appearance.
UK Borrowing Costs Rise Amid Concerns Over Labour's Finances
UK ten-year gilt yields saw their first weekly rise since May, increasing to 4.56 percent from 4.5 percent, driven by concerns over Labour's handling of public finances following a £5 billion welfare reform U-turn and the Chancellor's emotional Commons appearance.
Progress
56% Bias Score
NS&I Cuts Savings Bond Interest Rates Amidst Economic Pressures
NS&I has cut interest rates on its British Savings Bonds, with two-year bonds dropping to 3.85% AER, three-year bonds to 3.88%, and five-year bonds to 3.84%; the Junior Isa rate fell to 3.55%. This reflects broader economic pressures impacting savers and investment strategies.
NS&I Cuts Savings Bond Interest Rates Amidst Economic Pressures
NS&I has cut interest rates on its British Savings Bonds, with two-year bonds dropping to 3.85% AER, three-year bonds to 3.88%, and five-year bonds to 3.84%; the Junior Isa rate fell to 3.55%. This reflects broader economic pressures impacting savers and investment strategies.
Progress
44% Bias Score
Mortgage Rates Hit Lowest Point Since April, Offering Housing Market Relief
The average rate on a 30-year U.S. mortgage fell to 6.67% on Thursday, the fifth straight weekly decline and lowest since early April, potentially boosting the struggling housing market after a year of high rates and low sales.
Mortgage Rates Hit Lowest Point Since April, Offering Housing Market Relief
The average rate on a 30-year U.S. mortgage fell to 6.67% on Thursday, the fifth straight weekly decline and lowest since early April, potentially boosting the struggling housing market after a year of high rates and low sales.
Progress
20% Bias Score
Recession Risk Outweighs Lower Interest Rate Benefits for Businesses
A 45% probability of recession in the next 12 months has economists concerned, as historical data suggests that interest rate cuts, while mitigating, do not offset the negative impact of recession on interest-sensitive sectors like car and home sales.
Recession Risk Outweighs Lower Interest Rate Benefits for Businesses
A 45% probability of recession in the next 12 months has economists concerned, as historical data suggests that interest rate cuts, while mitigating, do not offset the negative impact of recession on interest-sensitive sectors like car and home sales.
Progress
36% Bias Score
Trump Administration to Replace Federal Reserve Chair Jerome Powell This Fall
Treasury Secretary Scott Bessent announced the Trump administration's plan to replace Federal Reserve Chairman Jerome Powell this fall, citing disagreements over interest rates and the impact of tariffs, despite the Federal Reserve Act stating that the Fed chair must devote their entire time to the ...
Trump Administration to Replace Federal Reserve Chair Jerome Powell This Fall
Treasury Secretary Scott Bessent announced the Trump administration's plan to replace Federal Reserve Chairman Jerome Powell this fall, citing disagreements over interest rates and the impact of tariffs, despite the Federal Reserve Act stating that the Fed chair must devote their entire time to the ...
Progress
64% Bias Score
Mortgage Rate Outlook: Minimal Immediate Relief Expected Despite Declining Inflation
Despite speculation of mortgage rate relief following the Federal Reserve's June meeting, experts predict minimal immediate change due to inflation and a robust job market; however, buyers may find better negotiation opportunities and should consider the potential for home price appreciation.
Mortgage Rate Outlook: Minimal Immediate Relief Expected Despite Declining Inflation
Despite speculation of mortgage rate relief following the Federal Reserve's June meeting, experts predict minimal immediate change due to inflation and a robust job market; however, buyers may find better negotiation opportunities and should consider the potential for home price appreciation.
Progress
48% Bias Score
Showing 397 to 408 of 1,706 results