Showing 145 to 156 of 1,444 results
Moody's Downgrades U.S. Credit Rating; Markets React Minimally
Moody's downgraded the U.S. credit rating to Aa1 from AAA on Friday, causing a slight increase in the 10-year Treasury yield to 4.46% and a significant rise in the 30-year fixed mortgage rate to 7.04%, yet stock markets displayed minimal overall reaction.
Moody's Downgrades U.S. Credit Rating; Markets React Minimally
Moody's downgraded the U.S. credit rating to Aa1 from AAA on Friday, causing a slight increase in the 10-year Treasury yield to 4.46% and a significant rise in the 30-year fixed mortgage rate to 7.04%, yet stock markets displayed minimal overall reaction.
Progress
36% Bias Score
Mortgage Rates Top 7% Amid Moody's Downgrade, Exacerbating Housing Crisis
The average 30-year mortgage rate climbed above 7% on Monday for the first time since April 11, following Moody's downgrade of the U.S. credit rating and a rise in the 10-year Treasury yield to above 5%, impacting homebuyers facing high prices and limited affordability.
Mortgage Rates Top 7% Amid Moody's Downgrade, Exacerbating Housing Crisis
The average 30-year mortgage rate climbed above 7% on Monday for the first time since April 11, following Moody's downgrade of the U.S. credit rating and a rise in the 10-year Treasury yield to above 5%, impacting homebuyers facing high prices and limited affordability.
Progress
44% Bias Score
Low Gas Prices Boost Memorial Day Travel Despite Economic Concerns
The national average gas price is projected to be \$3.08 this Memorial Day, the lowest since 2021, benefiting the nearly 40 million Americans expected to travel by car this holiday weekend; however, this is partially due to concerns about the economy and reduced refinery capacity.
Low Gas Prices Boost Memorial Day Travel Despite Economic Concerns
The national average gas price is projected to be \$3.08 this Memorial Day, the lowest since 2021, benefiting the nearly 40 million Americans expected to travel by car this holiday weekend; however, this is partially due to concerns about the economy and reduced refinery capacity.
Progress
40% Bias Score
Moody's Downgrade Spurs Market Volatility
Following a Moody's downgrade of the US credit rating, Wall Street's major indices closed slightly up, erasing opening losses; meanwhile, US Treasury bond yields surged, and the dollar weakened against major currencies, impacting gold and oil futures.
Moody's Downgrade Spurs Market Volatility
Following a Moody's downgrade of the US credit rating, Wall Street's major indices closed slightly up, erasing opening losses; meanwhile, US Treasury bond yields surged, and the dollar weakened against major currencies, impacting gold and oil futures.
Progress
52% Bias Score
Moody's Downgrade Impacts Treasury Yields, Increases Borrowing Costs
Moody's downgraded the U.S. credit rating to Aa1 from Aaa on Friday, citing rising government debt, impacting Treasury yields and increasing borrowing costs for consumers and businesses; the Republican party's proposed $4.5 trillion tax cut plan is expected to worsen the situation.
Moody's Downgrade Impacts Treasury Yields, Increases Borrowing Costs
Moody's downgraded the U.S. credit rating to Aa1 from Aaa on Friday, citing rising government debt, impacting Treasury yields and increasing borrowing costs for consumers and businesses; the Republican party's proposed $4.5 trillion tax cut plan is expected to worsen the situation.
Progress
40% Bias Score
Moody's Downgrades U.S. Credit Rating, Sending Stock Futures Lower
Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising federal deficits projected to reach almost 9% of the U.S. economy by 2035, causing stock futures to decline before Monday's opening bell and the U.S. dollar to weaken.
Moody's Downgrades U.S. Credit Rating, Sending Stock Futures Lower
Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising federal deficits projected to reach almost 9% of the U.S. economy by 2035, causing stock futures to decline before Monday's opening bell and the U.S. dollar to weaken.
Progress
40% Bias Score
US-China Tariff Truce Averts Crisis, but Uncertain Future Remains
The US significantly lowered tariffs on Chinese goods to 10% (BBC claims 30%) after initial threats caused market turmoil; the 90-day truce aims to avoid economic crisis but may worsen the trade deficit, setting the stage for either high tariffs and recession or low tariffs and a growth-focused stra...
US-China Tariff Truce Averts Crisis, but Uncertain Future Remains
The US significantly lowered tariffs on Chinese goods to 10% (BBC claims 30%) after initial threats caused market turmoil; the 90-day truce aims to avoid economic crisis but may worsen the trade deficit, setting the stage for either high tariffs and recession or low tariffs and a growth-focused stra...
Progress
56% Bias Score
Greek Economists: Trump's Tariffs to Harm US Economy
The Greek Panel of Economists overwhelmingly (91%) predicts that the Trump administration's tariff policy will harm the US economy due to uncertainty and instability, even before considering predictable negative effects on international trade. This is despite the initial intention to protect domesti...
Greek Economists: Trump's Tariffs to Harm US Economy
The Greek Panel of Economists overwhelmingly (91%) predicts that the Trump administration's tariff policy will harm the US economy due to uncertainty and instability, even before considering predictable negative effects on international trade. This is despite the initial intention to protect domesti...
Progress
48% Bias Score
Dimon Warns of Underestimated Economic Risks, Predicting Market Correction
JPMorgan Chase CEO Jamie Dimon warned on Monday that markets and central banks underestimate the risks of record U.S. deficits, tariffs, and international tensions, predicting a significant decline in S&P 500 earnings and increased odds of stagflation.
Dimon Warns of Underestimated Economic Risks, Predicting Market Correction
JPMorgan Chase CEO Jamie Dimon warned on Monday that markets and central banks underestimate the risks of record U.S. deficits, tariffs, and international tensions, predicting a significant decline in S&P 500 earnings and increased odds of stagflation.
Progress
52% Bias Score
US Consumer Confidence Plummets to 50.8 Amid High Interest Rates and Inflation
US consumer confidence fell to its lowest level since July 2022 in May, declining 2.7% to 50.8, a 30% decrease year-to-date, driven by high interest rates and inflation despite recent cooling.
US Consumer Confidence Plummets to 50.8 Amid High Interest Rates and Inflation
US consumer confidence fell to its lowest level since July 2022 in May, declining 2.7% to 50.8, a 30% decrease year-to-date, driven by high interest rates and inflation despite recent cooling.
Progress
48% Bias Score
Moody's Downgrades US Debt Rating to Aa1
Moody's downgraded the US Treasury debt rating to Aa1 from Aaa on Friday, citing concerns about rising public deficits and economic weakening, leading to increased Treasury bond yields and a fall in the dollar.
Moody's Downgrades US Debt Rating to Aa1
Moody's downgraded the US Treasury debt rating to Aa1 from Aaa on Friday, citing concerns about rising public deficits and economic weakening, leading to increased Treasury bond yields and a fall in the dollar.
Progress
40% Bias Score
Moody's Downgrade Sends Treasury Yields Soaring, Impacts Tech Sector
Moody's downgraded the U.S. credit rating to Aa1 from Aaa on Friday, citing rising government debt and interest payments; this caused the 30-year Treasury yield to hit 5% and the 10-year yield to reach approximately 4.54%, increasing borrowing costs for the tech sector.
Moody's Downgrade Sends Treasury Yields Soaring, Impacts Tech Sector
Moody's downgraded the U.S. credit rating to Aa1 from Aaa on Friday, citing rising government debt and interest payments; this caused the 30-year Treasury yield to hit 5% and the 10-year yield to reach approximately 4.54%, increasing borrowing costs for the tech sector.
Progress
40% Bias Score
Showing 145 to 156 of 1,444 results