Tag #Us Economy

Showing 289 to 300 of 1,930 results

cbsnews.com
🌐 85% Global Worthiness
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Trump-Powell Interest Rate Dispute: Legal Uncertainty and Economic Concerns

House Speaker Mike Johnson commented on President Trump's criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates enough, expressing uncertainty about the legality of firing him; the Fed's benchmark rate remains at 4.25% to 4.5% due to inflation concerns and uncertainty from...

Progress

48% Bias Score

Decent Work and Economic Growth
npr.org
🌐 85% Global Worthiness
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Trump Criticizes Fed Chair Powell Over High Interest Rates and Housing Costs

President Trump is criticizing Federal Reserve Chairman Jerome Powell for high interest rates, which Trump blames for high home prices; economist Robert Reich explains that while lower rates might initially lower home prices, it could harm the Fed's credibility and cause rates to rise.

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36% Bias Score

Reduced Inequality
cnnespanol.cnn.com
🌐 85% Global Worthiness
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Trump's False Claims on Inflation Contradict Economic Data

President Trump's claims that gas prices are below \$2 in five states, grocery and overall prices have fallen, and underlying inflation is below 2% are demonstrably false according to data from GasBuddy, AAA, and the Consumer Price Index, which show increases.

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44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Copper Imports Face 50% Tariff, Raising Prices

A 50 percent tariff on copper imports into the US, beginning August 1st, is expected to raise prices for US businesses, impacting various sectors, despite the US producing over half of its copper domestically and importing most of the remainder from Chile, Canada, and Peru.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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US Copper Imports Face 50 Percent Tariff, Raising Prices

Beginning August 1st, a 50 percent tariff on copper imports into the US is expected to raise prices for American businesses due to the country's heavy reliance on foreign copper imports, especially from Chile, Canada and Peru, despite the US's significant domestic copper mining but limited smelting ...

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52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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US Home Sales to Plunge to 30-Year Low Amidst Market Instability

US home sales are expected to plunge to a 30-year low of four million transactions in 2024, driven by high mortgage rates, increased HOA fees, and a challenging economy; experts warn of a potential market collapse with significant economic consequences.

Progress

60% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
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Europe Markets Fall Amidst Disappointing Earnings and Tariff Worries

European stock markets fell on Friday due to disappointing corporate earnings, fears over US tariffs, while the US markets saw mixed results driven by strong tech earnings and positive employment data, but concerns remain over President Trump's visit to the Federal Reserve.

Progress

40% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Tariffs Hit Toy and Automakers Hard, Causing Billions in Losses

In Q2 2024, tariffs cost Hasbro $1 billion and may cost Mattel up to $100 million, while General Motors incurred $1.1 billion in losses, impacting toy and auto production and potentially causing price hikes and shortages.

Progress

44% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Uranium American Resources Secures Funding, Finalizes Acquisition, and Positions for US Nuclear Energy Growth

Uranium American Resources (UARI) finalized an US\$8.5 million acquisition of US uranium and vanadium projects, secured US\$3.5 million in funding at a 75% premium, and changed its stock ticker symbol to UARI, positioning itself for growth in the resurgent US nuclear energy sector.

Progress

60% Bias Score

Affordable and Clean Energy
aljazeera.com
🌐 85% Global Worthiness
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Trump Tariffs Generate Billions, But Fall Far Short of Covering Projected Deficits

The Trump administration's tariffs generate approximately $27 billion monthly, a substantial increase from previous years, but insufficient to offset the projected $21.8 trillion federal deficit over the next decade; the additional $2.8 trillion reduction from increased tariff revenue is also insuff...

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52% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump to Visit Fed Amidst Criticism of Powell

President Trump will visit the US Federal Reserve for the first time in two decades amid his ongoing criticism of Chairman Jerome Powell's handling of interest rates and a $2.5 billion renovation project, prompting concerns about the Fed's independence.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Fed Faces Pressure Amidst Loose Financial Conditions

Amidst political pressure to cut interest rates, the Federal Reserve maintains loose U.S. financial conditions, with indexes indicating ample financing despite above-target inflation; however, high government borrowing costs and a strong wealth effect complicate the situation.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 289 to 300 of 1,930 results