Trump Announces $500 Billion Private Investment in US AI Infrastructure
President Trump announced a $500 billion private-sector investment in US AI infrastructure, dubbed "Stargate," projected to create 100,000 jobs and spearheaded by OpenAI, Oracle, SoftBank, and Arm, with $100 billion immediately allocated.
Trump Announces $500 Billion Private Investment in US AI Infrastructure
President Trump announced a $500 billion private-sector investment in US AI infrastructure, dubbed "Stargate," projected to create 100,000 jobs and spearheaded by OpenAI, Oracle, SoftBank, and Arm, with $100 billion immediately allocated.
Progress
40% Bias Score
Strong Earnings Drive Market Higher Despite Tech Stock Downgrades
Strong corporate earnings reports, including record subscriber growth for Netflix and exceeding expectations for United Airlines and several pharmaceutical companies, drove Wall Street higher; however, analysts lowered price targets for Microsoft and Apple.
Strong Earnings Drive Market Higher Despite Tech Stock Downgrades
Strong corporate earnings reports, including record subscriber growth for Netflix and exceeding expectations for United Airlines and several pharmaceutical companies, drove Wall Street higher; however, analysts lowered price targets for Microsoft and Apple.
Progress
60% Bias Score
Dimon Warns of Inflated U.S. Stock Market
JPMorgan Chase CEO Jamie Dimon warned on Wednesday that the U.S. stock market is inflated, citing risks from deficit spending, inflation, and geopolitical uncertainty; he specifically mentioned that asset prices are in the top 10-15% of historical valuations.
Dimon Warns of Inflated U.S. Stock Market
JPMorgan Chase CEO Jamie Dimon warned on Wednesday that the U.S. stock market is inflated, citing risks from deficit spending, inflation, and geopolitical uncertainty; he specifically mentioned that asset prices are in the top 10-15% of historical valuations.
Progress
52% Bias Score
Record Holiday Sales Mask High U.S. Consumer Debt
U.S. holiday retail sales for November and December 2024 hit a record $994.1 billion, a 4% increase over 2023, exceeding expectations despite high U.S. household debt of $17.9 trillion and consumers remaining budget-conscious.
Record Holiday Sales Mask High U.S. Consumer Debt
U.S. holiday retail sales for November and December 2024 hit a record $994.1 billion, a 4% increase over 2023, exceeding expectations despite high U.S. household debt of $17.9 trillion and consumers remaining budget-conscious.
Progress
52% Bias Score
US Economic Dominance: Robust Growth Amidst Rising Debt and Trade Deficit
In 2024, the US economy, representing 26% of global GDP, showed 3.1% growth, exceeding the Eurozone's 0.8% and marked by low unemployment (4.1%) but high trade deficit ($84.4 billion in September) and rising national debt, prompting concerns in Europe about US economic dominance and potential trade ...
US Economic Dominance: Robust Growth Amidst Rising Debt and Trade Deficit
In 2024, the US economy, representing 26% of global GDP, showed 3.1% growth, exceeding the Eurozone's 0.8% and marked by low unemployment (4.1%) but high trade deficit ($84.4 billion in September) and rising national debt, prompting concerns in Europe about US economic dominance and potential trade ...
Progress
40% Bias Score
Trump Signs Orders to Curb Inflation, Energy Costs; Details Scarce
President Trump signed a memorandum targeting inflation and multiple executive orders to lower energy prices, though advisors offered few specifics, leaving the impact on consumers uncertain despite a stated "whole-of-government" approach; public confidence in his ability to lower prices is low at 3...
Trump Signs Orders to Curb Inflation, Energy Costs; Details Scarce
President Trump signed a memorandum targeting inflation and multiple executive orders to lower energy prices, though advisors offered few specifics, leaving the impact on consumers uncertain despite a stated "whole-of-government" approach; public confidence in his ability to lower prices is low at 3...
Progress
40% Bias Score
Stargate Project: $100 Billion US AI Infrastructure Investment Announced
OpenAI, SoftBank, and Oracle announced a $100 billion (with potential expansion to $500 billion) project called Stargate to build AI infrastructure in the US, creating 100,000 jobs, aiming to surpass China in AI development, and potentially securing US national security.
Stargate Project: $100 Billion US AI Infrastructure Investment Announced
OpenAI, SoftBank, and Oracle announced a $100 billion (with potential expansion to $500 billion) project called Stargate to build AI infrastructure in the US, creating 100,000 jobs, aiming to surpass China in AI development, and potentially securing US national security.
Progress
60% Bias Score
Historical US Tariffs and Government Revenue: A Chart Reveals Limitations
A historical chart showing US federal government revenue from tariffs reveals that for much of the 19th century, tariffs constituted over half of the government's income. However, this system's limits led to the adoption of income tax as government expanded.
Historical US Tariffs and Government Revenue: A Chart Reveals Limitations
A historical chart showing US federal government revenue from tariffs reveals that for much of the 19th century, tariffs constituted over half of the government's income. However, this system's limits led to the adoption of income tax as government expanded.
Progress
40% Bias Score
Trump's Expansive Energy Plan: Rebuilding Reserves and Boosting Exports
During his inaugural address, President Trump announced plans to refill the US Strategic Petroleum Reserve to near capacity by increasing domestic oil and gas production, potentially leading to lower energy costs and increased competition in global energy markets; he also intends to restrict imports...
Trump's Expansive Energy Plan: Rebuilding Reserves and Boosting Exports
During his inaugural address, President Trump announced plans to refill the US Strategic Petroleum Reserve to near capacity by increasing domestic oil and gas production, potentially leading to lower energy costs and increased competition in global energy markets; he also intends to restrict imports...
Progress
56% Bias Score
Trump Announces $500 Billion AI Infrastructure Investment
President Trump announced a $500 billion private sector investment in AI infrastructure, a joint venture of OpenAI, SoftBank, and Oracle called Stargate, building on SoftBank's previous $100 billion commitment for US projects, focusing on AI-supporting infrastructure and job creation.
Trump Announces $500 Billion AI Infrastructure Investment
President Trump announced a $500 billion private sector investment in AI infrastructure, a joint venture of OpenAI, SoftBank, and Oracle called Stargate, building on SoftBank's previous $100 billion commitment for US projects, focusing on AI-supporting infrastructure and job creation.
Progress
36% Bias Score
Trump's Policies Create Uncertainty for the Federal Reserve
President-elect Trump's potential policies, including mass deportations and tariffs, pose a significant challenge to the Federal Reserve's ability to accurately forecast economic indicators and set appropriate monetary policy due to heightened uncertainty, forcing the Fed to choose between immediate...
Trump's Policies Create Uncertainty for the Federal Reserve
President-elect Trump's potential policies, including mass deportations and tariffs, pose a significant challenge to the Federal Reserve's ability to accurately forecast economic indicators and set appropriate monetary policy due to heightened uncertainty, forcing the Fed to choose between immediate...
Progress
48% Bias Score
Biden's Economic Legacy: Record Job Growth Amidst High Debt and Inflation
President Biden's economic legacy includes record job growth and substantial infrastructure investments, but also a soaring national debt and persistently high inflation, leaving a mixed economic record.
Biden's Economic Legacy: Record Job Growth Amidst High Debt and Inflation
President Biden's economic legacy includes record job growth and substantial infrastructure investments, but also a soaring national debt and persistently high inflation, leaving a mixed economic record.
Progress
36% Bias Score