Tag #Us Economy

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elmundo.es
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IBEX 35 Rises 1.66% on Positive US Earnings and Easing Inflation

The IBEX 35 closed Friday up 0.64%, concluding the week with a 1.66% increase to 11,916.3 points—its highest close since December 10th—fueled by easing global inflation, positive US bank earnings, and strong performance in Spain's banking and SOCIMI sectors.

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36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Fed Slows Rate Cuts Amid Inflation, Strong Labor Market

The Federal Reserve cut interest rates three times near the end of 2024, reducing the federal funds rate by one percentage point. In 2025, further rate cuts are expected, though at a slower pace than previously anticipated due to ongoing inflation and a strong labor market; experts predict credit ca...

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28% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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US Year-End Bonuses Up 2% in 2024

Year-end bonuses for employees in US small- to medium-sized businesses averaged \$2,503 in December 2024, a 2% increase from 2023, reflecting a strong economy but with variations across sectors.

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44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Dollar Rally Pauses Ahead of U.S. Inflation Report

The U.S. dollar's rally paused on Wednesday ahead of a closely watched U.S. inflation report, with the euro and British pound also fluctuating due to economic concerns; the dollar was last at 109.23 against a basket of currencies, down from Monday's peak of 110.17.

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36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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JPMorgan Chase Q4 Earnings Expected to Exceed Expectations

JPMorgan Chase is expected to report strong fourth-quarter earnings on Wednesday, exceeding expectations with $4.11 per share and $41.7 billion in revenue, driven by increased Wall Street activity, resilient consumer spending, and anticipated regulatory relief under the Trump administration.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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December CPI Inflation Accelerates to 2.9%, Fed Rate Cut Still Unlikely in January or March

The December 2024 CPI report showed year-on-year total CPI inflation accelerating to 2.9%, the highest since July 2024, while core CPI decelerated slightly to 3.2%; despite this, financial markets predict no Fed interest rate changes in January or March, but a rate cut in May or June 2025 is possibl...

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36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Rising Treasury Yields Shake Stock Market Despite Fed Rate Cuts

The 10-year Treasury yield hit 4.80%, its highest since 2023, causing stock market declines despite the Federal Reserve cutting interest rates three times since September due to investor concerns about future inflation and economic strength.

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36% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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US EV Sales Hit Record 20% in 2024, Facing Uncertain Future

In 2024, US sales of electric and hybrid vehicles reached 20% of the market (3.2 million units), with Tesla holding a 49% EV market share despite a decrease from the previous year; however, the incoming Trump administration may impact future sales due to potential changes to EV subsidies.

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28% Bias Score

Climate Action
cbsnews.com
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High US Credit Card Debt Spurs Debt Consolidation Strategies

Soaring US credit card debt, averaging nearly \$8,000 per cardholder, is fueled by high interest rates (23% average, over 30% for retail cards) and persistent inflation, leading to debt consolidation as a common solution among consumers.

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48% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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Avian Influenza Devastates US Egg Market, Causing Shortages and Price Spikes

Avian influenza killed 17.2 million egg-laying hens in late 2024, causing widespread egg shortages and price increases (up to $4.33 per dozen) across the US, with recovery expected in six to nine months due to the time needed to replace flocks and the continued spread of the virus exacerbated by ext...

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24% Bias Score

Zero Hunger
theglobeandmail.com
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Muted Futures Await Key Economic Data and Bank Earnings

Wednesday's muted U.S. futures market awaits key bank earnings and the December CPI report, expected to rise 2.9%, potentially influencing the Federal Reserve's rate-cutting trajectory; the S&P 500 Banks Index is up 3% in January.

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32% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
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CHIPS Act: High Costs Raise Doubts About Semiconductor Production Boost

The $280 billion CHIPS and Science Act, designed to boost U.S. semiconductor production, is projected to create 93,000 construction jobs and 43,000 permanent jobs, but at a cost of roughly $185,000 per job, raising concerns about economic efficiency and the potential impact of the incoming Trump adm...

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48% Bias Score

Industry, Innovation, and Infrastructure

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