US GDP Growth Slows in Q4 2024 Despite Robust Annual Expansion
US GDP growth slowed to 2.3% in Q4 2024, down from 3.1% in Q3, despite a robust 2.8% growth in 2024; consumer spending surged 4.2% in Q4, offsetting weakness in other sectors, while the Trump administration's planned tariffs are causing concern among economists.
US GDP Growth Slows in Q4 2024 Despite Robust Annual Expansion
US GDP growth slowed to 2.3% in Q4 2024, down from 3.1% in Q3, despite a robust 2.8% growth in 2024; consumer spending surged 4.2% in Q4, offsetting weakness in other sectors, while the Trump administration's planned tariffs are causing concern among economists.
Progress
48% Bias Score
EU to Engage in Calm Dialogue with Trump Administration Amid Trade Tensions
EU President António Costa advocates for calm dialogue with the Trump administration despite potential trade conflicts, such as those arising from the IRA and Trump's threats of tariffs and military action, emphasizing the need to defend EU interests.
EU to Engage in Calm Dialogue with Trump Administration Amid Trade Tensions
EU President António Costa advocates for calm dialogue with the Trump administration despite potential trade conflicts, such as those arising from the IRA and Trump's threats of tariffs and military action, emphasizing the need to defend EU interests.
Progress
48% Bias Score
U.S. Economy Grew 2.3% in Q4 2024, Driven by Consumer Spending
Fueled by robust consumer spending, particularly on big-ticket items, the U.S. economy grew at a 2.3% annual rate in the final quarter of 2024, exceeding growth in other countries like Europe; however, this growth is threatened by potential tariffs and decreased consumer confidence.
U.S. Economy Grew 2.3% in Q4 2024, Driven by Consumer Spending
Fueled by robust consumer spending, particularly on big-ticket items, the U.S. economy grew at a 2.3% annual rate in the final quarter of 2024, exceeding growth in other countries like Europe; however, this growth is threatened by potential tariffs and decreased consumer confidence.
Progress
40% Bias Score
Trump's Coffee Tariff Threat Fuels Global Price Spike
President Trump's temporary threat of a 25% tariff on Colombian coffee, despite being reversed, caused a price spike; Arabica coffee futures jumped from \$3.48 to \$3.53 per pound between Friday and Tuesday, driven by both the tariff threat and existing supply issues due to bad weather in major coff...
Trump's Coffee Tariff Threat Fuels Global Price Spike
President Trump's temporary threat of a 25% tariff on Colombian coffee, despite being reversed, caused a price spike; Arabica coffee futures jumped from \$3.48 to \$3.53 per pound between Friday and Tuesday, driven by both the tariff threat and existing supply issues due to bad weather in major coff...
Progress
48% Bias Score
Taiwan to Assess Aid for Semiconductor Industry Amid Trump's Tariff Threat
Taiwan's government will assess the need for aid to its semiconductor industry following President Trump's announcement of planned tariffs on imported chips, pharmaceuticals, and steel; Taiwan's trade surplus with the US hit a record $111.4 billion in 2024.
Taiwan to Assess Aid for Semiconductor Industry Amid Trump's Tariff Threat
Taiwan's government will assess the need for aid to its semiconductor industry following President Trump's announcement of planned tariffs on imported chips, pharmaceuticals, and steel; Taiwan's trade surplus with the US hit a record $111.4 billion in 2024.
Progress
44% Bias Score
Muted U.S. Business Response to Trump's Renewed Tariff Threats
President Trump's renewed threat to impose tariffs on Canadian and Mexican goods has prompted a muted response from U.S. businesses, contrasting sharply with 2018 when the U.S. Chamber of Commerce warned of potential job losses exceeding 1.8 million due to similar policies; however, Alcoa Corp. warn...
Muted U.S. Business Response to Trump's Renewed Tariff Threats
President Trump's renewed threat to impose tariffs on Canadian and Mexican goods has prompted a muted response from U.S. businesses, contrasting sharply with 2018 when the U.S. Chamber of Commerce warned of potential job losses exceeding 1.8 million due to similar policies; however, Alcoa Corp. warn...
Progress
36% Bias Score
US Economic Growth Slows to 2.3% in Q4 2024 Amidst Trade, Investment Declines
US economic growth slowed to 2.3% in Q4 2024, down from 3.1% in Q3, due to declines in trade and investment, hurricanes, and labor strikes; consumer spending rose 4.2%, but concerns remain about underlying economic strength.
US Economic Growth Slows to 2.3% in Q4 2024 Amidst Trade, Investment Declines
US economic growth slowed to 2.3% in Q4 2024, down from 3.1% in Q3, due to declines in trade and investment, hurricanes, and labor strikes; consumer spending rose 4.2%, but concerns remain about underlying economic strength.
Progress
16% Bias Score
Singh to Vote Against Liberals by End of March
NDP Leader Jagmeet Singh announced on Thursday that his party will vote against the Liberal government by the end of March, rejecting a proposal to support the Liberals until the fall in exchange for continued work on pharmacare and tariff relief. The Liberals are seeking NDP support to finalize pha...
Singh to Vote Against Liberals by End of March
NDP Leader Jagmeet Singh announced on Thursday that his party will vote against the Liberal government by the end of March, rejecting a proposal to support the Liberals until the fall in exchange for continued work on pharmacare and tariff relief. The Liberals are seeking NDP support to finalize pha...
Progress
52% Bias Score
Trump Shifts Stance on China Tariffs, Prioritizing Negotiation
President Trump is currently showing restraint towards imposing tariffs on China, despite previous campaign promises, opting for negotiation to avoid escalating trade tensions. This marks a shift from his previous aggressive stance, seeking to manage the complex relationship with a major trading par...
Trump Shifts Stance on China Tariffs, Prioritizing Negotiation
President Trump is currently showing restraint towards imposing tariffs on China, despite previous campaign promises, opting for negotiation to avoid escalating trade tensions. This marks a shift from his previous aggressive stance, seeking to manage the complex relationship with a major trading par...
Progress
44% Bias Score
Trump's Automotive Policies Threaten Global Car Industry
President Trump's proposed policies, including tariffs on imported cars and the removal of electric vehicle subsidies, aim to bolster US gas-powered vehicle production but threaten to disrupt the global automotive industry, particularly for European and UK manufacturers.
Trump's Automotive Policies Threaten Global Car Industry
President Trump's proposed policies, including tariffs on imported cars and the removal of electric vehicle subsidies, aim to bolster US gas-powered vehicle production but threaten to disrupt the global automotive industry, particularly for European and UK manufacturers.
Progress
44% Bias Score
Trump's Second Term: Immediate Crisis Hits Mexico
Following a turbulent first week of Trump's second term, Mexico faces immediate challenges: over 4,000 deportees arrived in seven days, overwhelming border towns; a 25% tariff threat looms; and the designation of Mexican drug cartels as terrorist organizations raises concerns about potential militar...
Trump's Second Term: Immediate Crisis Hits Mexico
Following a turbulent first week of Trump's second term, Mexico faces immediate challenges: over 4,000 deportees arrived in seven days, overwhelming border towns; a 25% tariff threat looms; and the designation of Mexican drug cartels as terrorist organizations raises concerns about potential militar...
Progress
60% Bias Score
Fed to Pause Rate Cuts Amid Trump Tariff Uncertainty
The Federal Reserve is expected to pause rate cuts Wednesday, a decision influenced by recent inflation data and the uncertain economic impact of President Trump's trade policies, with the Fed Chair Jerome Powell to address the decision during an afternoon news conference.
Fed to Pause Rate Cuts Amid Trump Tariff Uncertainty
The Federal Reserve is expected to pause rate cuts Wednesday, a decision influenced by recent inflation data and the uncertain economic impact of President Trump's trade policies, with the Fed Chair Jerome Powell to address the decision during an afternoon news conference.
Progress
40% Bias Score