US Job Growth Rebounds in November, Unemployment Rate Rises
November's nonfarm payroll increased by 227,000 jobs, exceeding expectations, while the unemployment rate rose to 4.2%, driven by a decline in labor force participation; average hourly earnings increased by 0.4% month-over-month and 4% year-over-year.
US Job Growth Rebounds in November, Unemployment Rate Rises
November's nonfarm payroll increased by 227,000 jobs, exceeding expectations, while the unemployment rate rose to 4.2%, driven by a decline in labor force participation; average hourly earnings increased by 0.4% month-over-month and 4% year-over-year.
Progress
40% Bias Score
Record High Mortgage Arrears in Craigieburn Amid Economic Headwinds
Craigieburn, Australia, leads the nation in mortgage arrears with 2.96% of homeowners over 30 days behind on payments due to rising interest rates, economic downturn, and the impact of past lockdowns, forcing residents to work extra shifts and cut spending.
Record High Mortgage Arrears in Craigieburn Amid Economic Headwinds
Craigieburn, Australia, leads the nation in mortgage arrears with 2.96% of homeowners over 30 days behind on payments due to rising interest rates, economic downturn, and the impact of past lockdowns, forcing residents to work extra shifts and cut spending.
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32% Bias Score
Fed Chair Powell Emphasizes Independence, Cautious on Rate Cuts
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence to ensure economic stability for all Americans, while indicating a cautious approach to further interest rate cuts despite recent positive economic data.
Fed Chair Powell Emphasizes Independence, Cautious on Rate Cuts
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence to ensure economic stability for all Americans, while indicating a cautious approach to further interest rate cuts despite recent positive economic data.
Progress
40% Bias Score
Trump's Economic Policies May Clash with Federal Reserve, Potentially Raising Interest Rates
President-elect Donald Trump's plans to cut taxes and impose tariffs may clash with the Federal Reserve's efforts to control inflation, potentially resulting in higher interest rates despite his promises of lower borrowing costs for American households.
Trump's Economic Policies May Clash with Federal Reserve, Potentially Raising Interest Rates
President-elect Donald Trump's plans to cut taxes and impose tariffs may clash with the Federal Reserve's efforts to control inflation, potentially resulting in higher interest rates despite his promises of lower borrowing costs for American households.
Progress
40% Bias Score
Fed Chair Powell Affirms Independence, Cautiously Cuts Interest Rates
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence, emphasizing its crucial role in serving all Americans, while cautiously cutting interest rates given the improving economy, despite past criticism from President-elect Trump.
Fed Chair Powell Affirms Independence, Cautiously Cuts Interest Rates
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence, emphasizing its crucial role in serving all Americans, while cautiously cutting interest rates given the improving economy, despite past criticism from President-elect Trump.
Progress
40% Bias Score
Mortgage Rate Forecast: Stability Expected in December 2024
Experts predict mortgage rates will remain stable between 6.875% and 7.125% in December 2024, influenced by inflation concerns and the uncertainty surrounding the new administration's economic policies; however, a slight decrease is possible if unemployment increases.
Mortgage Rate Forecast: Stability Expected in December 2024
Experts predict mortgage rates will remain stable between 6.875% and 7.125% in December 2024, influenced by inflation concerns and the uncertainty surrounding the new administration's economic policies; however, a slight decrease is possible if unemployment increases.
Progress
36% Bias Score
DAX Surges Past 20,000 Points on US Growth, Despite Political Uncertainty
The German DAX index surpassed 20,000 points, fueled by strong US economic data, including speculation of further interest rate cuts and eased export restrictions to China, despite political instability in France, the US, and South Korea.
DAX Surges Past 20,000 Points on US Growth, Despite Political Uncertainty
The German DAX index surpassed 20,000 points, fueled by strong US economic data, including speculation of further interest rate cuts and eased export restrictions to China, despite political instability in France, the US, and South Korea.
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44% Bias Score
Strong US Economy Allows for Cautious Interest Rate Cuts Amidst Trump Tariff Uncertainty
Federal Reserve Chair Jerome Powell stated that the US economy's strength allows for cautious interest rate cuts despite expectations of a third cut this month; however, President-elect Trump's proposed tariffs on imports from Mexico, Canada, and China threaten to increase inflation and decrease con...
Strong US Economy Allows for Cautious Interest Rate Cuts Amidst Trump Tariff Uncertainty
Federal Reserve Chair Jerome Powell stated that the US economy's strength allows for cautious interest rate cuts despite expectations of a third cut this month; however, President-elect Trump's proposed tariffs on imports from Mexico, Canada, and China threaten to increase inflation and decrease con...
Progress
44% Bias Score
ABD Ekonomisi Beklenenden Daha Güçlü: Fed Daha Temkinli Olacak
Fed Başkanı Jerome Powell, ABD ekonomisinin Eylül ayında tahmin edilenden daha güçlü olduğunu ve bu nedenle faiz oranlarını düşürürken daha temkinli olacaklarını açıkladı. Powell, ekonomik büyümenin, enflasyonun düşmesinin ve düşük işsizlik oranının ABD ekonomisinin güçlü durumda olduğunu gösterdiği...
ABD Ekonomisi Beklenenden Daha Güçlü: Fed Daha Temkinli Olacak
Fed Başkanı Jerome Powell, ABD ekonomisinin Eylül ayında tahmin edilenden daha güçlü olduğunu ve bu nedenle faiz oranlarını düşürürken daha temkinli olacaklarını açıkladı. Powell, ekonomik büyümenin, enflasyonun düşmesinin ve düşük işsizlik oranının ABD ekonomisinin güçlü durumda olduğunu gösterdiği...
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40% Bias Score
US Stocks Steady, Bitcoin Soars, Airlines Report Strong Earnings
US stocks show little change near record highs; Bitcoin briefly surpasses \$103,000; American Airlines and Southwest Airlines post strong earnings; Synposys warns of macro uncertainties; upcoming US jobs report is highly anticipated.
US Stocks Steady, Bitcoin Soars, Airlines Report Strong Earnings
US stocks show little change near record highs; Bitcoin briefly surpasses \$103,000; American Airlines and Southwest Airlines post strong earnings; Synposys warns of macro uncertainties; upcoming US jobs report is highly anticipated.
Progress
40% Bias Score
2025 Mortgage Rate Predictions: Uncertainty and Strategies for Homebuyers
Mortgage rates averaged 6.93% in late 2024, following a brief dip to 6.15% in September; experts predict various scenarios for 2025, influenced by Federal Reserve policies, inflation, and global events, advising buyers to prioritize financial readiness over precise rate timing.
2025 Mortgage Rate Predictions: Uncertainty and Strategies for Homebuyers
Mortgage rates averaged 6.93% in late 2024, following a brief dip to 6.15% in September; experts predict various scenarios for 2025, influenced by Federal Reserve policies, inflation, and global events, advising buyers to prioritize financial readiness over precise rate timing.
Progress
36% Bias Score
Rising Mortgage Rates Demand Immediate Action from Borrowers
Rising mortgage rates urge immediate action from borrowers, whether remortgaging or buying, to secure favorable terms before rates increase further. Homebuyers need to act quickly to determine monthly payments, and those remortgaging should compare options and consider locking in a rate early.
Rising Mortgage Rates Demand Immediate Action from Borrowers
Rising mortgage rates urge immediate action from borrowers, whether remortgaging or buying, to secure favorable terms before rates increase further. Homebuyers need to act quickly to determine monthly payments, and those remortgaging should compare options and consider locking in a rate early.
Progress
44% Bias Score