Tag #Us Economy

Showing 121 to 132 of 1,930 results

forbes.com
🌐 85% Global Worthiness
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Powell Hints at Rate Cuts, Sparking Market Rally

Federal Reserve Chair Jerome Powell signaled potential interest rate cuts at Jackson Hole, sparking a market rally with tech stocks like Nvidia (+1.3%), Tesla (+5%), and Apple (+1.5%) leading the gains; this follows weaker-than-expected job growth and July inflation.

Progress

44% Bias Score

Decent Work and Economic Growth
npr.org
🌐 75% Global Worthiness
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U.S. Housing Market Remains Sluggish Despite Slight Sales Increase

Existing home sales in the U.S. rose slightly in July, but remain significantly below pre-pandemic levels due to high mortgage rates (averaging 6.6%) and elevated home prices (nearly 50% increase in five years). Increased inventory offers more buyer options, but sales remain slow.

Progress

32% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Sony Raises PlayStation 5 Price in US by $50

Sony is raising the price of its PlayStation 5 consoles in the US by approximately $50 starting August 21st due to rising costs and a slowing video game market, impacting all three models and following similar price increases in other regions.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Target's Q2 Revenue Drop: US Tariffs Impact Profitability

Target, a major US retailer, reported a 1.9% revenue drop in Q2 2025 to $25.452 billion, a 7.6% decrease in operating profit for the first half of 2025, and a 7% stock drop. Increased US tariffs, impacting inventory and purchases, are the primary cause, leading to price increases or supply chain div...

Progress

40% Bias Score

Responsible Consumption and Production
cnnespanol.cnn.com
🌐 85% Global Worthiness
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US President's Firing of BLS Head Sparks Global Economic Concerns

Following the release of disappointing US jobs data, President Trump fired the head of the Bureau of Labor Statistics, raising concerns about data manipulation despite the White House's claim that the data was not manipulated, prompting comparisons to past incidents in Greece and Argentina where fal...

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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SoftBank Invests $2 Billion in Intel Amid Potential US Government Stake

SoftBank invested $2 billion in Intel, acquiring a 2% stake, amid reports of a potential 10% US government investment. This follows Intel's recent struggles and reflects the strategic importance of US semiconductor manufacturing.

Progress

60% Bias Score

Industry, Innovation, and Infrastructure
nbcnews.com
🌐 85% Global Worthiness
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Powell Hints at September Rate Cut Amid Economic Uncertainty and Political Pressure

Federal Reserve Chair Jerome Powell indicated a potential September interest rate cut to counter rising employment risks and conflicting economic data, amid internal divisions and unprecedented political pressure from President Trump, who also called for the resignation of Fed Governor Lisa Cook.

Progress

64% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Social Security Tax Deduction Introduced in "Big Beautiful Bill", but Long-Term Funding Challenges Remain

The "Big Beautiful Bill" introduces a temporary Social Security tax deduction for seniors aged 65+ with incomes below specific thresholds, starting in 2025 and expiring in 2028; this deduction, while providing short-term tax relief, does not address Social Security's long-term funding challenges.

Progress

12% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Weak July Jobs Data Fuels Expectations of Fed Rate Cut

Two Federal Reserve members dissented in July, advocating for lower interest rates to counter weakening job growth; subsequent data showed far fewer jobs created than expected, sparking expectations of a rate cut in September and prompting President Trump to fire the head of the Bureau of Labor Stat...

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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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

Reduced Inequality
cincodias.elpais.com
🌐 85% Global Worthiness
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US Stock Market Rebounds on Strong Q2 Earnings Despite Trade War Concerns

Strong corporate earnings in Q2 2024, exceeding expectations by 7%, propelled a US stock market rally to new highs despite an initial downturn caused by Trump's trade war announcement in April. The weaker dollar and supply chain adjustments further aided the situation, although full-year profit proj...

Progress

36% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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US to Use $100 Billion in Tariff Revenue for Debt Reduction, Rejecting Rebate Checks

Treasury Secretary Scott Bessent announced that $100 billion in tariff revenue will be used to pay down the national debt, rejecting proposals for rebate checks; he expects significantly higher tariff revenue than the $300 billion initially projected.

Progress

36% Bias Score

Reduced Inequality

Showing 121 to 132 of 1,930 results