Tag #Us Economy

theguardian.com
🌐 85% Global Worthiness
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Trump Signs Orders to Curb Inflation, Energy Costs; Details Scarce

President Trump signed a memorandum targeting inflation and multiple executive orders to lower energy prices, though advisors offered few specifics, leaving the impact on consumers uncertain despite a stated "whole-of-government" approach; public confidence in his ability to lower prices is low at 3...

Progress

40% Bias Score

Affordable and Clean Energy
mk.ru
🌐 85% Global Worthiness
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Trump's Expansive Energy Plan: Rebuilding Reserves and Boosting Exports

During his inaugural address, President Trump announced plans to refill the US Strategic Petroleum Reserve to near capacity by increasing domestic oil and gas production, potentially leading to lower energy costs and increased competition in global energy markets; he also intends to restrict imports...

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56% Bias Score

Climate Action
abcnews.go.com
🌐 75% Global Worthiness
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Small Business Sales Surge in December 2023

U.S. small business sales surged 4.9% in December 2023, reaching an index of 146, driven by strong retail performance despite a decline in restaurant sales due to reduced average ticket sizes; this growth surpasses expectations, reflecting positive consumer confidence during the holiday season.

Progress

32% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Trump's Second Inauguration: Stock Market Surges on Investor Optimism

Following Donald Trump's second inauguration, U.S. stock market futures rose, fueled by investor optimism regarding his pro-business policies and a delay in new tariffs, while Bitcoin hit a record high before declining; however, concerns about rising interest rates persist.

Progress

44% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Trump Declares National Energy Emergency, Prioritizing Fossil Fuels

On his first day back in office, President-elect Donald Trump will declare a national energy emergency to increase domestic oil and gas production, focusing on Alaska's resources and ending the electric vehicle mandate, aiming to lower energy prices and create jobs.

Progress

60% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
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Strong Bank Earnings Boost S&P 500 by 2.9%

Last week, the S&P 500 rose 2.9% due to strong bank earnings (up 8.2%), exceeding expectations with 79% of S&P 500 companies reporting better-than-expected Q4 results; 40 more S&P 500 companies report this week, including additional banks, 3M, Netflix, and Johnson & Johnson.

Progress

32% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Biden's Economic Legacy: Record Job Growth Amidst High Debt and Inflation

President Biden's economic legacy includes record job growth and substantial infrastructure investments, but also a soaring national debt and persistently high inflation, leaving a mixed economic record.

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36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Trump's Tariff Plans Face Public Opposition Amidst Price Hike Fears

Donald Trump's October 2024 interview revealed his fondness for tariffs, but polls show Americans are divided on the issue, with concerns about price hikes and partisan differences influencing support, despite long-standing support for protecting American jobs and addressing unfair trade practices, ...

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36% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Trump's Election: Market Optimism vs. Economic Forecasts

The election of Donald Trump as US President has fueled optimism on Wall Street, despite economic models predicting a 9.7% GDP drop and 9.3% inflation due to his proposed deregulation, tariffs, and immigration policies; the strong dollar also creates challenges.

Progress

56% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Trump Inherits Strong Economy but Faces Inflation Challenge

Despite an overall economic improvement, December's 2.9% inflation rate remains above the Federal Reserve's target, posing a challenge for President-elect Trump, who has promised to lower energy and food costs, but whose immigration and trade policies may have unpredictable economic consequences.

Progress

52% Bias Score

No Poverty
us.cnn.com
🌐 75% Global Worthiness
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US Businesses Prepare for Immigration Crackdown

In anticipation of increased immigration enforcement under the Trump administration, the Illinois Restaurant Association is advising its members to ensure employees have proper documentation and is providing legal assistance; nationwide, business groups are preparing for potential disruptions and ad...

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44% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 85% Global Worthiness
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Biden's Unknowing LNG Export Pause: Economic and National Security Concerns

House Speaker Mike Johnson revealed President Biden's apparent unawareness of his executive order pausing LNG exports, resulting in potential economic damage of nearly 1 million jobs and billions in GDP by 2044, according to a study by the National Association of Manufacturers, and raising concerns ...

Progress

52% Bias Score

Affordable and Clean Energy