Tag #Us Economy

Showing 1,309 to 1,320 of 1,572 results

abcnews.go.com
🌐 85% Global Worthiness
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JPMorgan's Record Q4 Earnings Amidst Geopolitical Uncertainty

JPMorgan Chase reported a 50% surge in fourth-quarter net income to over \$14 billion, exceeding expectations, while Wells Fargo also saw a nearly 50% jump in net income; both banks' strong performance reflects a robust banking sector despite global uncertainty.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Joann Fabrics Files for Second Bankruptcy, Faces Closure

Joann Fabrics, an 80-year-old craft and fabric retailer, filed for Chapter 11 bankruptcy for the second time in two years on Wednesday, facing potential liquidation due to its failure to close unprofitable stores after its initial bankruptcy in March 2023, despite $615.7 million in debt and $133 mil...

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52% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Musk's Engineer Shortage Claim: Data, H-1B Debate, and Future Policy

Elon Musk's recent claim of a U.S. shortage of top engineers, countered by data showing record STEM degrees and projected job growth, highlights the debate surrounding the H-1B visa program's impact on American workers and its role in tech innovation.

Progress

16% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Capital One Stock Rises on Discover Acquisition, Despite Rising Charge-Offs

Capital One's stock has risen 36% since early 2024, exceeding the S&P 500's performance, largely due to investor optimism surrounding its acquisition of Discover Financial, a deal expected to close in early 2025; however, rising charge-offs and delinquencies present a short-term risk.

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36% Bias Score

Reduced Inequality
us.cnn.com
🌐 75% Global Worthiness
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Avian Flu Causes Widespread US Egg Shortages, Prices Soar

Avian influenza killed 17.2 million egg-laying hens in November and December 2024, causing widespread egg shortages across the US and a 25% price increase in December alone, with the situation expected to last six to nine months.

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28% Bias Score

Zero Hunger
nbcnews.com
🌐 75% Global Worthiness
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Healthcare Dominates Top 2025 Job Rankings

Indeed's 2025 job ranking reveals that six of the top 25 positions are in healthcare, driven by high salaries (e.g., $385,000 for radiologists), at least 20% job growth over three years, and an aging U.S. population increasing healthcare needs.

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40% Bias Score

Good Health and Well-being
npr.org
🌐 75% Global Worthiness
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575 Brand-Name Drug Prices Increase in Early 2025

On January 1st and 2nd, 2025, 575 brand-name drugs increased in price, including Ozempic and Paxlovid; the median increase was 4%, exceeding inflation and potentially impacting consumer costs depending on insurance coverage and formulary placement.

Progress

36% Bias Score

Good Health and Well-being
cnbc.com
🌐 75% Global Worthiness
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US Inflation Rises to 2.9% in December

US inflation rose to 2.9% in December 2024, exceeding the Federal Reserve's target, driven by higher food and energy prices; however, economists predict a return to lower inflation in 2025, with the caveat that President-elect Trump's policies could reverse this trend.

Progress

44% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
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Moderate Growth Projected for US Consumer Spending in 2025, Despite Tariff and Conflict Risks

US consumer spending in 2025 is projected to rise moderately, fueled by job growth and wage increases exceeding inflation, but potential tariffs and international conflicts pose significant risks, potentially dampening consumer confidence and spending on discretionary items.

Progress

36% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
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Trump to Create "External Revenue Service" to Collect Tariffs

President-elect Donald Trump announced the creation of a new government agency, the External Revenue Service, to collect tariffs and duties from foreign sources starting January 20th, aiming to generate revenue from foreign trade and potentially replace some current tax collections, despite concerns...

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52% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Wholesale Inflation Up 0.2% in December, Driven by Energy Prices

U.S. wholesale inflation rose 0.2% in December due to higher energy prices, particularly a 9.7% increase in gasoline, while food prices fell 0.1%; the year-over-year increase reached 3.3%, exceeding forecasts and boosting U.S. markets.

Progress

44% Bias Score

No Poverty
foxnews.com
🌐 85% Global Worthiness
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Major US Banks Exit Net-Zero Climate Alliance Ahead of Trump Presidency

Six of the world's largest banks simultaneously withdrew from the Net-Zero Banking Alliance (NZBA) in December 2024, weeks before President-elect Trump's inauguration, citing a desire to pursue emission reduction independently despite concerns about potential political backlash.

Progress

48% Bias Score

Showing 1,309 to 1,320 of 1,572 results