Global Markets Mixed Amid US Data, Political Crises
Global markets saw mixed performance due to positive US economic data signaling a potential 'soft landing', but political crises in South Korea and France caused volatility; next week, focus shifts to US inflation and the ECB's interest rate decision.
Global Markets Mixed Amid US Data, Political Crises
Global markets saw mixed performance due to positive US economic data signaling a potential 'soft landing', but political crises in South Korea and France caused volatility; next week, focus shifts to US inflation and the ECB's interest rate decision.
Progress
24% Bias Score
U.S. Stocks Mixed After Strong Jobs Report
U.S. stocks closed mixed on Friday following the release of the November jobs report, which showed a 227,000 increase in nonfarm payrolls, exceeding expectations. The Dow Jones Industrial Average fell 0.28 percent, the S&P 500 rose 0.25 percent, and the Nasdaq Composite gained 0.81 percent.
U.S. Stocks Mixed After Strong Jobs Report
U.S. stocks closed mixed on Friday following the release of the November jobs report, which showed a 227,000 increase in nonfarm payrolls, exceeding expectations. The Dow Jones Industrial Average fell 0.28 percent, the S&P 500 rose 0.25 percent, and the Nasdaq Composite gained 0.81 percent.
Progress
32% Bias Score
IRS struggles to collect taxes from wealthy non-filers
The IRS is struggling to collect taxes from tens of thousands of wealthy Americans who avoid filing returns, exploiting a loophole where non-filing is a misdemeanor, not a felony; a recent initiative has collected $292 million in additional taxes, but millions more remain uncollected.
IRS struggles to collect taxes from wealthy non-filers
The IRS is struggling to collect taxes from tens of thousands of wealthy Americans who avoid filing returns, exploiting a loophole where non-filing is a misdemeanor, not a felony; a recent initiative has collected $292 million in additional taxes, but millions more remain uncollected.
Progress
56% Bias Score
US Job Growth Remains Strong Despite October Dip
November's jobs report shows 227,000 jobs created, following a slight dip in October that was later revised upward, adding over 100,000 jobs to the total; President Biden's administration created 17 million jobs in four years, a record second only to Bill Clinton's 23 million over eight years; Presi...
US Job Growth Remains Strong Despite October Dip
November's jobs report shows 227,000 jobs created, following a slight dip in October that was later revised upward, adding over 100,000 jobs to the total; President Biden's administration created 17 million jobs in four years, a record second only to Bill Clinton's 23 million over eight years; Presi...
Progress
52% Bias Score
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
Progress
40% Bias Score
DAX Surges Past 20,000 Points on US Growth, Despite Political Uncertainty
The German DAX index surpassed 20,000 points, fueled by strong US economic data, including speculation of further interest rate cuts and eased export restrictions to China, despite political instability in France, the US, and South Korea.
DAX Surges Past 20,000 Points on US Growth, Despite Political Uncertainty
The German DAX index surpassed 20,000 points, fueled by strong US economic data, including speculation of further interest rate cuts and eased export restrictions to China, despite political instability in France, the US, and South Korea.
Progress
44% Bias Score
Florida's Haines City Leads "Ex-Urb" Population Boom
Haines City, Florida, saw a 30,000-person population increase last year, joining other "ex-burbs" experiencing rapid growth due to remote work and affordable housing, but the future impact of returning to office policies remains uncertain.
Florida's Haines City Leads "Ex-Urb" Population Boom
Haines City, Florida, saw a 30,000-person population increase last year, joining other "ex-burbs" experiencing rapid growth due to remote work and affordable housing, but the future impact of returning to office policies remains uncertain.
Progress
44% Bias Score
Bond Vigilantes' Potential Resurgence
Ed Yardeni coined the term "bond vigilantes" to describe large investors who influence government policy by strategically buying and selling bonds, impacting interest rates; their potential resurgence is linked to concerns about increased government borrowing under the new administration.
Bond Vigilantes' Potential Resurgence
Ed Yardeni coined the term "bond vigilantes" to describe large investors who influence government policy by strategically buying and selling bonds, impacting interest rates; their potential resurgence is linked to concerns about increased government borrowing under the new administration.
Progress
40% Bias Score
Record \$140 Billion Inflow into US Equities Post-Election
Following the US presidential election, approximately \$140 billion poured into US equity mutual funds, fueled by anticipated tax cuts and pro-business policies, setting a record for monthly inflows since 2000 and driving major US stock indexes to record highs, while simultaneously witnessing signif...
Record \$140 Billion Inflow into US Equities Post-Election
Following the US presidential election, approximately \$140 billion poured into US equity mutual funds, fueled by anticipated tax cuts and pro-business policies, setting a record for monthly inflows since 2000 and driving major US stock indexes to record highs, while simultaneously witnessing signif...
Progress
36% Bias Score
UK Wealth Doubled Since 1980, But Inequality Remained Stable, Unlike the US
A Resolution Foundation report reveals that while UK household wealth doubled since 1980, wealth inequality remained relatively stable, unlike the US; however, rising wealth inequality between age groups is a concern, particularly concerning homeownership and inheritance.
UK Wealth Doubled Since 1980, But Inequality Remained Stable, Unlike the US
A Resolution Foundation report reveals that while UK household wealth doubled since 1980, wealth inequality remained relatively stable, unlike the US; however, rising wealth inequality between age groups is a concern, particularly concerning homeownership and inheritance.
Progress
36% Bias Score
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
Progress
40% Bias Score
Strong US Economy Allows for Cautious Interest Rate Cuts Amidst Trump Tariff Uncertainty
Federal Reserve Chair Jerome Powell stated that the US economy's strength allows for cautious interest rate cuts despite expectations of a third cut this month; however, President-elect Trump's proposed tariffs on imports from Mexico, Canada, and China threaten to increase inflation and decrease con...
Strong US Economy Allows for Cautious Interest Rate Cuts Amidst Trump Tariff Uncertainty
Federal Reserve Chair Jerome Powell stated that the US economy's strength allows for cautious interest rate cuts despite expectations of a third cut this month; however, President-elect Trump's proposed tariffs on imports from Mexico, Canada, and China threaten to increase inflation and decrease con...
Progress
44% Bias Score