Tag #Us Economy

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US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending

US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.

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44% Bias Score

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abcnews.go.com
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Fed Signals Fewer Interest Rate Cuts Amid Persistent Inflation

The Federal Reserve is expected to reduce its benchmark interest rate by a quarter-point to 4.3% on Wednesday, signaling fewer rate cuts in 2025 than previously anticipated due to persistent inflation above the Fed's target and uncertainty surrounding President-elect Trump's economic policies.

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40% Bias Score

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theglobeandmail.com
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SoftBank Pledges $100 Billion US Investment, 100,000 AI Jobs

President-elect Trump and SoftBank CEO Masayoshi Son announced a $100 billion US investment plan over four years, aiming for 100,000 AI-related jobs, echoing a 2016 pledge, although the fulfillment of that is unclear.

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44% Bias Score

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cbsnews.com
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SoftBank to Invest \$100 Billion in U.S. Job Creation

President-elect Donald Trump announced that SoftBank will invest \$100 billion in the U.S., creating at least 100,000 jobs in artificial intelligence and technology, driven by SoftBank CEO Masayoshi Son's increased confidence in the U.S. economy post-election.

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forbes.com
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Three Undervalued Stocks for 2025: Intel, Moderna, and Walgreens

The author analyzes three underperforming stocks—Intel, Moderna, and Walgreens—highlighting their potential for recovery despite 2024 losses due to factors like government subsidies, future drug pipelines, and cost-cutting strategies.

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dailymail.co.uk
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US Retail Store Closures Surge 58% in 2024

In 2024, 7,308 US retail stores closed, exceeding openings by 1,427, a 58% increase from 2023; 49 retailers filed for bankruptcy, highlighting economic pressures, online competition, and internal challenges faced by some struggling chains.

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48% Bias Score

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abcnews.go.com
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Fed Signals Slower Pace of Interest Rate Cuts Amid Persistent Inflation

The Federal Reserve will likely lower its benchmark interest rate by 0.25 percentage points to approximately 4.3% on Wednesday, signaling a slower pace of future rate cuts due to persistent inflation above its target and a stronger-than-expected economy, despite having lowered the rate by a full poi...

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48% Bias Score

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cnnespanol.cnn.com
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Trump Businesses Hired Record Number of Foreign Workers in 2024

Despite campaigning on a promise to hire American workers, Donald Trump's businesses received government approval in 2024 to hire 209 foreign workers, nearly double the number a decade prior, for roles including cooks, housekeepers and waiters, primarily using the H-2B visa program.

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dailymail.co.uk
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SoftBank's $100 Billion US Investment Promised by Trump

President-elect Donald Trump announced a $100 billion investment from SoftBank, promising 100,000 US jobs and expedited approvals for companies investing over $1 billion, aiming to boost the economy and address post-election voter concerns regarding inflation.

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aljazeera.com
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SoftBank Pledges $100 Billion US Investment, Creating 100,000 AI Jobs

SoftBank CEO Masayoshi Son pledged a $100 billion investment in the US over four years, creating 100,000 AI-focused jobs, announced alongside President-elect Trump on Monday at Mar-a-Lago, aiming to boost the US economy and reduce inflation.

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40% Bias Score

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edition.cnn.com
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SoftBank Pledges $100 Billion US Investment, Echoes Past Uncertainties

SoftBank CEO Masayoshi Son pledged a $100 billion investment in US AI infrastructure projects over four years, aiming for 100,000 new jobs, a move similar to a 2016 pledge with uncertain results, raising questions about transparency and actual impact.

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40% Bias Score

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theguardian.com
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SoftBank Pledges \$100 Billion US Investment, Promising 100,000 Jobs

President Trump announced a \$100 billion investment by SoftBank in the US, promising 100,000 jobs, largely in AI, attributing it to his election win and investor confidence; the funding mechanism and ultimate job creation remain uncertain, mirroring the less-successful Foxxcon investment of his fir...

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48% Bias Score

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