Showing 949 to 960 of 1,275 results
Sanders to Introduce Bill Capping Credit Card Interest Rates at 10%
Senator Bernie Sanders will introduce legislation to cap credit card interest rates at 10%, echoing a campaign promise by President-elect Trump, amidst $1.17 trillion in US credit card debt and average interest rates at 24.43% in December 2024.
Sanders to Introduce Bill Capping Credit Card Interest Rates at 10%
Senator Bernie Sanders will introduce legislation to cap credit card interest rates at 10%, echoing a campaign promise by President-elect Trump, amidst $1.17 trillion in US credit card debt and average interest rates at 24.43% in December 2024.
Progress
48% Bias Score
Rising Treasury Yields Dampen U.S. Stock Futures
U.S. stock index futures fell on Monday morning due to rising Treasury yields, threatening the typical year-end "Santa Claus" rally; the Dow, S&P, and Nasdaq futures all declined.
Rising Treasury Yields Dampen U.S. Stock Futures
U.S. stock index futures fell on Monday morning due to rising Treasury yields, threatening the typical year-end "Santa Claus" rally; the Dow, S&P, and Nasdaq futures all declined.
Progress
40% Bias Score
Santa Claus Skips Wall Street: Market Down 1.2% Amid Weak Breadth and Rising Yields
The S&P 500's 1.2% drop since Tuesday marks the absence of the usual year-end "Santa Claus rally," driven by weak market breadth (58% of S&P 500 companies trading above their 200-day moving average) and rising Treasury yields above 4.6%, contrasting with the historical average 1.3% gain since 1969.
Santa Claus Skips Wall Street: Market Down 1.2% Amid Weak Breadth and Rising Yields
The S&P 500's 1.2% drop since Tuesday marks the absence of the usual year-end "Santa Claus rally," driven by weak market breadth (58% of S&P 500 companies trading above their 200-day moving average) and rising Treasury yields above 4.6%, contrasting with the historical average 1.3% gain since 1969.
Progress
44% Bias Score
Canadian Home Sales Surge 26 Percent Amidst Lower Interest Rates
Fueled by five interest rate cuts and relaxed mortgage rules, Canadian home sales jumped 26 percent year-over-year in November, with economists predicting continued strong activity in 2025 despite affordability challenges; however, this boom is expected to subside in the first half of 2025.
Canadian Home Sales Surge 26 Percent Amidst Lower Interest Rates
Fueled by five interest rate cuts and relaxed mortgage rules, Canadian home sales jumped 26 percent year-over-year in November, with economists predicting continued strong activity in 2025 despite affordability challenges; however, this boom is expected to subside in the first half of 2025.
Progress
48% Bias Score
The Illusion of a Single Interest Rate: The Limits of Central Bank Control
This article refutes the idea of a uniform interest rate, arguing that borrowing costs are highly variable and depend on individual circumstances, rendering the Federal Reserve's control over them limited, as evidenced by the vast differences in borrowing costs between wealthy individuals and those ...
The Illusion of a Single Interest Rate: The Limits of Central Bank Control
This article refutes the idea of a uniform interest rate, arguing that borrowing costs are highly variable and depend on individual circumstances, rendering the Federal Reserve's control over them limited, as evidenced by the vast differences in borrowing costs between wealthy individuals and those ...
Progress
60% Bias Score
Fed's Slower Rate Cut Projection Impacts Borrowers, Benefits Savers
The Federal Reserve's revised forecast projects fewer interest rate cuts in 2025 than previously expected, resulting in higher interest rates for longer, impacting consumer borrowing costs and savings returns differently; higher yields benefit savers in high-yield accounts, while increasing borrowin...
Fed's Slower Rate Cut Projection Impacts Borrowers, Benefits Savers
The Federal Reserve's revised forecast projects fewer interest rate cuts in 2025 than previously expected, resulting in higher interest rates for longer, impacting consumer borrowing costs and savings returns differently; higher yields benefit savers in high-yield accounts, while increasing borrowin...
Progress
36% Bias Score
Increased Housing Inventory, But High Percentage of Stale Listings Slows Market
November 2024 saw a 12.1% rise in active housing listings compared to November 2023, reaching a peak since 2020; however, 54.5% of these homes had been listed for at least 60 days, the highest share since 2019, while the average time to contract was 43 days, the slowest since 2019, despite pending h...
Increased Housing Inventory, But High Percentage of Stale Listings Slows Market
November 2024 saw a 12.1% rise in active housing listings compared to November 2023, reaching a peak since 2020; however, 54.5% of these homes had been listed for at least 60 days, the highest share since 2019, while the average time to contract was 43 days, the slowest since 2019, despite pending h...
Progress
40% Bias Score
DAX Closes 2024 at Record High Despite Global Uncertainty
The German DAX index concluded 2024 at 19,909 points, exceeding expectations despite global political instability including a rightward shift in European elections, French government uncertainty, Trump's US election win, and Germany's collapsed coalition. Gold prices also reached record highs.
DAX Closes 2024 at Record High Despite Global Uncertainty
The German DAX index concluded 2024 at 19,909 points, exceeding expectations despite global political instability including a rightward shift in European elections, French government uncertainty, Trump's US election win, and Germany's collapsed coalition. Gold prices also reached record highs.
Progress
56% Bias Score
Asian Markets Mixed After US Stock Drop, Deadly Plane Crash
Asian markets showed mixed results Monday, with South Korea's Kospi rising 0.6% despite a deadly plane crash killing 179, while Japan's Nikkei 225 fell 0.9%; US futures were lower, and oil prices were little changed; political turmoil continues in South Korea with a warrant requested for the impeach...
Asian Markets Mixed After US Stock Drop, Deadly Plane Crash
Asian markets showed mixed results Monday, with South Korea's Kospi rising 0.6% despite a deadly plane crash killing 179, while Japan's Nikkei 225 fell 0.9%; US futures were lower, and oil prices were little changed; political turmoil continues in South Korea with a warrant requested for the impeach...
Progress
40% Bias Score
2024 Global Market Review: Strong Growth, Uneven Performance
In 2024, global stock markets showed significant growth, led by US tech companies, while European markets had varied performance; France struggled due to political instability and declining luxury sector; major central banks lowered interest rates; Germany's economy weakened significantly.
2024 Global Market Review: Strong Growth, Uneven Performance
In 2024, global stock markets showed significant growth, led by US tech companies, while European markets had varied performance; France struggled due to political instability and declining luxury sector; major central banks lowered interest rates; Germany's economy weakened significantly.
Progress
40% Bias Score
Australian Housing Market Slowdown in 2024 Due to High Interest Rates
Australia's 2024 housing market showed a national home value increase of 5.5 percent, but high interest rates slowed buyer enthusiasm, leading to falling values in Sydney and Melbourne by spring, while smaller capitals slowed; increased listings gave buyers more choice and properties took longer to ...
Australian Housing Market Slowdown in 2024 Due to High Interest Rates
Australia's 2024 housing market showed a national home value increase of 5.5 percent, but high interest rates slowed buyer enthusiasm, leading to falling values in Sydney and Melbourne by spring, while smaller capitals slowed; increased listings gave buyers more choice and properties took longer to ...
Progress
44% Bias Score
German Savings Rates Plummet Amidst ECB Interest Rate Cuts
As of December 27, 2024, German fixed-term deposit interest rates averaged 2.27% for two-year terms, down from 3.39% in November 2023, following the European Central Bank's interest rate cuts aimed at boosting a slowing economy.
German Savings Rates Plummet Amidst ECB Interest Rate Cuts
As of December 27, 2024, German fixed-term deposit interest rates averaged 2.27% for two-year terms, down from 3.39% in November 2023, following the European Central Bank's interest rate cuts aimed at boosting a slowing economy.
Progress
44% Bias Score
Showing 949 to 960 of 1,275 results