Showing 169 to 180 of 4,102 results
LVMH Profit Down 15% Amidst Luxury Market Slowdown
LVMH, owner of Louis Vuitton and Dior, reported a 4% revenue drop and 15% decline in operating profits in the first half of 2024, reflecting a broader slowdown in the luxury goods market due to reduced consumer spending, geopolitical uncertainty, and US tariffs.
LVMH Profit Down 15% Amidst Luxury Market Slowdown
LVMH, owner of Louis Vuitton and Dior, reported a 4% revenue drop and 15% decline in operating profits in the first half of 2024, reflecting a broader slowdown in the luxury goods market due to reduced consumer spending, geopolitical uncertainty, and US tariffs.
Progress
44% Bias Score
Higher-Than-Expected Tariff Revenue to Reduce U.S. Debt
U.S. Treasury Secretary Scott Bessent expects significantly more revenue from President Trump's tariffs than previously estimated (over \$300 billion), and said this money would be used to reduce the national debt before any potential distribution to the American people.
Higher-Than-Expected Tariff Revenue to Reduce U.S. Debt
U.S. Treasury Secretary Scott Bessent expects significantly more revenue from President Trump's tariffs than previously estimated (over \$300 billion), and said this money would be used to reduce the national debt before any potential distribution to the American people.
Progress
36% Bias Score
Australia Considers Allowing Qualified Immigrants to Work
A proposal to allow qualified immigrant professionals to work in Australia won support at an economic roundtable; however, unions raised concerns about job displacement and the need for industry protections, while the government considers abolishing hundreds of nuisance tariffs.
Australia Considers Allowing Qualified Immigrants to Work
A proposal to allow qualified immigrant professionals to work in Australia won support at an economic roundtable; however, unions raised concerns about job displacement and the need for industry protections, while the government considers abolishing hundreds of nuisance tariffs.
Progress
36% Bias Score
US Economy Remains Strong Despite Tariffs and Low Consumer Sentiment
Despite low consumer sentiment (58.6) and Trump's tariffs, the US economy remains strong due to low unemployment (4.2%), robust consumer spending (contributing 70% to economic output), and businesses' effective mitigation strategies, although inflationary pressures are rising.
US Economy Remains Strong Despite Tariffs and Low Consumer Sentiment
Despite low consumer sentiment (58.6) and Trump's tariffs, the US economy remains strong due to low unemployment (4.2%), robust consumer spending (contributing 70% to economic output), and businesses' effective mitigation strategies, although inflationary pressures are rising.
Progress
44% Bias Score
Brazil Unveils \$5.5B Plan to Counter US Tariffs
Brazilian President Lula da Silva unveiled a \$5.5 billion aid package for exporters facing up to 50% US tariffs imposed by President Trump in response to the legal case against former Brazilian President Jair Bolsonaro; Lula rejected Trump's justification for the tariffs.
Brazil Unveils \$5.5B Plan to Counter US Tariffs
Brazilian President Lula da Silva unveiled a \$5.5 billion aid package for exporters facing up to 50% US tariffs imposed by President Trump in response to the legal case against former Brazilian President Jair Bolsonaro; Lula rejected Trump's justification for the tariffs.
Progress
40% Bias Score
US-EU Trade Deal Finalization Delayed Amidst Discrepancies
The US and EU are finalizing a joint statement formalizing their July trade deal, which includes a 15% US tariff on EU goods and €750 billion in EU energy purchases and €600 billion in US investments, despite ongoing discrepancies and delays affecting European businesses.
US-EU Trade Deal Finalization Delayed Amidst Discrepancies
The US and EU are finalizing a joint statement formalizing their July trade deal, which includes a 15% US tariff on EU goods and €750 billion in EU energy purchases and €600 billion in US investments, despite ongoing discrepancies and delays affecting European businesses.
Progress
32% Bias Score
S&P Affirms U.S. Credit Rating Amid Tariff Revenue Surge
S&P Global Ratings reaffirmed the U.S.'s AA+ credit rating on Monday, citing offsetting effects of $30 billion in tariff revenue (a 242% increase since July 2024) against tax cuts enacted by the "One Big Beautiful Bill Act", despite a slowing economy and weak job growth.
S&P Affirms U.S. Credit Rating Amid Tariff Revenue Surge
S&P Global Ratings reaffirmed the U.S.'s AA+ credit rating on Monday, citing offsetting effects of $30 billion in tariff revenue (a 242% increase since July 2024) against tax cuts enacted by the "One Big Beautiful Bill Act", despite a slowing economy and weak job growth.
Progress
40% Bias Score
Home Depot to Raise Prices Due to Tariffs, Economic Uncertainty
Home Depot announced modest price increases on some imported goods due to higher tariffs imposed by the Trump administration, impacting its net income despite a 5% sales increase; economic uncertainty and high interest rates are delaying large home renovation projects.
Home Depot to Raise Prices Due to Tariffs, Economic Uncertainty
Home Depot announced modest price increases on some imported goods due to higher tariffs imposed by the Trump administration, impacting its net income despite a 5% sales increase; economic uncertainty and high interest rates are delaying large home renovation projects.
Progress
36% Bias Score
Lula Invites Trump to Brazil Amidst Trade Dispute and New Economic Plan
Brazilian President Lula invited President Trump to visit Brazil in a video message, amidst US tariffs on Brazilian goods; a new Brazilian economic plan will allocate over \$5.5 billion USD to assist businesses impacted by tariffs, while Lula highlighted Brazil's willingness to engage in dialogue bu...
Lula Invites Trump to Brazil Amidst Trade Dispute and New Economic Plan
Brazilian President Lula invited President Trump to visit Brazil in a video message, amidst US tariffs on Brazilian goods; a new Brazilian economic plan will allocate over \$5.5 billion USD to assist businesses impacted by tariffs, while Lula highlighted Brazil's willingness to engage in dialogue bu...
Progress
44% Bias Score
Trump Extends Tariff Pause on China Amidst Shifting Global Trade Dynamics
After initially labeling China the "biggest threat" and imposing 145% tariffs, President Trump extended a pause on these tariffs, praising President Xi Jinping, while other nations like India face tariffs as high as 50%. This shift is partly due to China's control over rare earth minerals crucial fo...
Trump Extends Tariff Pause on China Amidst Shifting Global Trade Dynamics
After initially labeling China the "biggest threat" and imposing 145% tariffs, President Trump extended a pause on these tariffs, praising President Xi Jinping, while other nations like India face tariffs as high as 50%. This shift is partly due to China's control over rare earth minerals crucial fo...
Progress
40% Bias Score
Dow Hits Intraday High Despite Mixed Economic Data and Tariff Uncertainty
On Friday, the Dow Jones Industrial Average reached a new intraday high, boosted by a nearly 12% surge in UnitedHealth Group shares after Berkshire Hathaway increased its stake. However, the S&P 500 and Nasdaq fell due to mixed economic data and uncertainty about the Federal Reserve's next move, wit...
Dow Hits Intraday High Despite Mixed Economic Data and Tariff Uncertainty
On Friday, the Dow Jones Industrial Average reached a new intraday high, boosted by a nearly 12% surge in UnitedHealth Group shares after Berkshire Hathaway increased its stake. However, the S&P 500 and Nasdaq fell due to mixed economic data and uncertainty about the Federal Reserve's next move, wit...
Progress
48% Bias Score
US-EU Trade Deal Delayed Amidst Ongoing Negotiations
The US and EU reached a political agreement to end trade disputes, involving a 15% US tariff on EU goods, a €750 billion EU energy purchase commitment, and €600 billion investment in the US by the end of Trump's term; however, the deal's finalization is delayed due to ongoing negotiations and a lack...
US-EU Trade Deal Delayed Amidst Ongoing Negotiations
The US and EU reached a political agreement to end trade disputes, involving a 15% US tariff on EU goods, a €750 billion EU energy purchase commitment, and €600 billion investment in the US by the end of Trump's term; however, the deal's finalization is delayed due to ongoing negotiations and a lack...
Progress
44% Bias Score
Showing 169 to 180 of 4,102 results