German Hiring Freezes Amidst Economic Crisis
German companies' hiring plans have decreased to levels unseen in 4.5 years due to economic downturn and order backlog, resulting in a drop in the Ifo employment barometer to 92.4 points in December and a 12.6% year-on-year increase in insolvency filings in November.
German Hiring Freezes Amidst Economic Crisis
German companies' hiring plans have decreased to levels unseen in 4.5 years due to economic downturn and order backlog, resulting in a drop in the Ifo employment barometer to 92.4 points in December and a 12.6% year-on-year increase in insolvency filings in November.
Progress
44% Bias Score
Bank of England Downgrades UK Growth Forecast to Zero, Blaming Labour's Budget
The Bank of England slashed its UK growth forecast to zero for the final quarter of 2024, blaming Chancellor Rachel Reeves's £25 billion National Insurance hike for crushing business confidence and potentially triggering a recession; pre-Budget growth was described as 'gangbusters'.
Bank of England Downgrades UK Growth Forecast to Zero, Blaming Labour's Budget
The Bank of England slashed its UK growth forecast to zero for the final quarter of 2024, blaming Chancellor Rachel Reeves's £25 billion National Insurance hike for crushing business confidence and potentially triggering a recession; pre-Budget growth was described as 'gangbusters'.
Progress
68% Bias Score
Australian Market Set for Drop After US Fed Rate Cut Revision
The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.
Australian Market Set for Drop After US Fed Rate Cut Revision
The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.
Progress
40% Bias Score
\"Weak Consumer Spending and Rising Insolvencies Hamper German Economic Recovery\"\
\"Germany's economic growth remains hampered by weak consumer spending due to high inflation, rising unemployment, and a surge in business insolvencies, with projections indicating a potential record number of bankruptcies in 2025.\
\"Weak Consumer Spending and Rising Insolvencies Hamper German Economic Recovery\"\
\"Germany's economic growth remains hampered by weak consumer spending due to high inflation, rising unemployment, and a surge in business insolvencies, with projections indicating a potential record number of bankruptcies in 2025.\
Progress
48% Bias Score
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Progress
44% Bias Score
Bank of England to Hold Interest Rates Amid Inflation and Recession Fears
The Bank of England is expected to hold interest rates at 4.75 percent today, despite November inflation rising to 2.6 percent and fears of a recession following recent tax increases. Economists cite the need to balance inflation control with economic growth.
Bank of England to Hold Interest Rates Amid Inflation and Recession Fears
The Bank of England is expected to hold interest rates at 4.75 percent today, despite November inflation rising to 2.6 percent and fears of a recession following recent tax increases. Economists cite the need to balance inflation control with economic growth.
Progress
52% Bias Score
Fed's Hawkish Pivot Triggers Global Market Selloff
The Federal Reserve's hawkish pivot triggered a sharp global selloff in stock markets on Thursday, December 21, 2023, with major indices falling significantly, and bond yields rising across the Atlantic.
Fed's Hawkish Pivot Triggers Global Market Selloff
The Federal Reserve's hawkish pivot triggered a sharp global selloff in stock markets on Thursday, December 21, 2023, with major indices falling significantly, and bond yields rising across the Atlantic.
Progress
44% Bias Score
Australian Government Spending Prevents Recession, Creates One Million Jobs
Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.
Australian Government Spending Prevents Recession, Creates One Million Jobs
Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.
Progress
60% Bias Score
Stock Market Sell-Off: Yardeni Research Predicts Further Declines
On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.
Stock Market Sell-Off: Yardeni Research Predicts Further Declines
On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.
Progress
52% Bias Score
Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...
Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...
Progress
40% Bias Score
UK Economy Contracts Amidst Government Optimism and Rising Inflation
Despite the Prime Minister's confidence in an economic rebound, the UK economy contracted for two consecutive months, business activity is flat, and November inflation rose to 2.6 percent, fueled by petrol and tobacco price increases. The national living wage increase benefited three million low-pai...
UK Economy Contracts Amidst Government Optimism and Rising Inflation
Despite the Prime Minister's confidence in an economic rebound, the UK economy contracted for two consecutive months, business activity is flat, and November inflation rose to 2.6 percent, fueled by petrol and tobacco price increases. The national living wage increase benefited three million low-pai...
Progress
52% Bias Score
Australia's Budget Crisis: \$150 Billion Debt Surge and Immigration Overrun
Australia's mid-year budget reveals \$150 billion in additional debt over four years, \$60 billion more than projected, with immigration exceeding targets by 80,000, placing strain on the economy and impacting the upcoming election.
Australia's Budget Crisis: \$150 Billion Debt Surge and Immigration Overrun
Australia's mid-year budget reveals \$150 billion in additional debt over four years, \$60 billion more than projected, with immigration exceeding targets by 80,000, placing strain on the economy and impacting the upcoming election.
Progress
60% Bias Score