IMF: Eurozone Must Learn from US to Boost Investment Competitiveness
IMF Managing Director Kristalina Georgieva urged the Eurozone to learn from the US's investment climate to enhance its global competitiveness, citing the Eurozone's fragmented capital pools and regulatory hurdles compared to the US's more unified system; the IMF projects 1% Eurozone growth and 2.7% ...
IMF: Eurozone Must Learn from US to Boost Investment Competitiveness
IMF Managing Director Kristalina Georgieva urged the Eurozone to learn from the US's investment climate to enhance its global competitiveness, citing the Eurozone's fragmented capital pools and regulatory hurdles compared to the US's more unified system; the IMF projects 1% Eurozone growth and 2.7% ...
Progress
48% Bias Score
Canada Threatens Retaliatory Tariffs Amidst Trump's Protectionist Trade Policies
Two days after Donald Trump's inauguration, Canada threatened retaliatory tariffs against potential unfair U.S. tariffs on Canadian and Mexican imports, potentially escalating into a global trade conflict, as economists warn of negative impacts for all parties.
Canada Threatens Retaliatory Tariffs Amidst Trump's Protectionist Trade Policies
Two days after Donald Trump's inauguration, Canada threatened retaliatory tariffs against potential unfair U.S. tariffs on Canadian and Mexican imports, potentially escalating into a global trade conflict, as economists warn of negative impacts for all parties.
Progress
56% Bias Score
Dimon Warns of Overvalued US Assets Amid Post-Election Market Surge
JPMorgan Chase CEO Jamie Dimon warned of overvalued US assets on Wednesday at the Davos World Economic Forum, citing inflated prices and the need for strong performance to justify them; this follows a 4.6% S&P 500 increase after Trump's reelection and a Bank of America survey showing investor optimi...
Dimon Warns of Overvalued US Assets Amid Post-Election Market Surge
JPMorgan Chase CEO Jamie Dimon warned of overvalued US assets on Wednesday at the Davos World Economic Forum, citing inflated prices and the need for strong performance to justify them; this follows a 4.6% S&P 500 increase after Trump's reelection and a Bank of America survey showing investor optimi...
Progress
40% Bias Score
U.S. Auto Market Shifts: Sedan Demand Rises, EVs Persist, Korean Brands Gain
A new report forecasts a decline in U.S. demand for trucks and SUVs, a rise in electric vehicle adoption despite recent policy changes, and increased market share for Korean automakers, creating uncertainty within the industry.
U.S. Auto Market Shifts: Sedan Demand Rises, EVs Persist, Korean Brands Gain
A new report forecasts a decline in U.S. demand for trucks and SUVs, a rise in electric vehicle adoption despite recent policy changes, and increased market share for Korean automakers, creating uncertainty within the industry.
Progress
40% Bias Score
Trump's Anti-Cartel Order Risks Major Economic Harm to U.S.
President Trump's executive order designating Mexican drug cartels as foreign terrorist organizations risks significant economic harm to the U.S. by forcing American companies to choose between business in Mexico and government sanctions, potentially impacting billions of dollars in trade and invest...
Trump's Anti-Cartel Order Risks Major Economic Harm to U.S.
President Trump's executive order designating Mexican drug cartels as foreign terrorist organizations risks significant economic harm to the U.S. by forcing American companies to choose between business in Mexico and government sanctions, potentially impacting billions of dollars in trade and invest...
Progress
48% Bias Score
Elevance Health Profits Halved Despite Overall Revenue Growth
Elevance Health reported $5.98 billion in 2024 profits, but its fourth-quarter net income dropped to $418 million due to a 320 basis point increase in its benefit expense ratio to 92.4 percent, largely because of higher medical costs from Medicaid patients and the end of the public health emergency.
Elevance Health Profits Halved Despite Overall Revenue Growth
Elevance Health reported $5.98 billion in 2024 profits, but its fourth-quarter net income dropped to $418 million due to a 320 basis point increase in its benefit expense ratio to 92.4 percent, largely because of higher medical costs from Medicaid patients and the end of the public health emergency.
Progress
32% Bias Score
US Existing Home Sales Plunge to Near Three-Decade Low in 2024
US existing home sales in 2024 fell to 4.06 million, the lowest since 1995, driven by high home prices (median $407,500) and mortgage rates (peaking at 7.22%), despite a slight December rise; a housing shortage of 3.7 million units and the 'lock-in effect' further constrain the market.
US Existing Home Sales Plunge to Near Three-Decade Low in 2024
US existing home sales in 2024 fell to 4.06 million, the lowest since 1995, driven by high home prices (median $407,500) and mortgage rates (peaking at 7.22%), despite a slight December rise; a housing shortage of 3.7 million units and the 'lock-in effect' further constrain the market.
Progress
48% Bias Score
Lutnick to Divest from Businesses Before Leading Commerce Department
President Trump's nominee for Commerce Secretary, Howard Lutnick, will divest from Cantor Fitzgerald, BGC Group, and Newmark Group to avoid conflicts of interest, despite retaining significant assets and advocating for tariffs.
Lutnick to Divest from Businesses Before Leading Commerce Department
President Trump's nominee for Commerce Secretary, Howard Lutnick, will divest from Cantor Fitzgerald, BGC Group, and Newmark Group to avoid conflicts of interest, despite retaining significant assets and advocating for tariffs.
Progress
40% Bias Score
Curbing US Immigration: Severe Economic and Demographic Consequences
President Trump's aim to curb immigration through border enforcement and altering birthright citizenship will severely impact the US economy, given that immigrants comprise 19% of the workforce, pay nearly $580 billion in taxes annually, and significantly contribute to innovation and entrepreneurshi...
Curbing US Immigration: Severe Economic and Demographic Consequences
President Trump's aim to curb immigration through border enforcement and altering birthright citizenship will severely impact the US economy, given that immigrants comprise 19% of the workforce, pay nearly $580 billion in taxes annually, and significantly contribute to innovation and entrepreneurshi...
Progress
48% Bias Score
Trump Demands Immediate Interest Rate Cuts from Federal Reserve
President Trump, speaking at the Davos World Economic Forum, publicly demanded that the Federal Reserve immediately lower interest rates, despite the Fed's projected rate cut in June and the current target range of 4.25%-4.5%, contrasting with the Fed's emphasis on independence from political influe...
Trump Demands Immediate Interest Rate Cuts from Federal Reserve
President Trump, speaking at the Davos World Economic Forum, publicly demanded that the Federal Reserve immediately lower interest rates, despite the Fed's projected rate cut in June and the current target range of 4.25%-4.5%, contrasting with the Fed's emphasis on independence from political influe...
Progress
44% Bias Score
Stellantis to Reopen Illinois Plant, Build Durango in Detroit
Stellantis will reopen its Belvidere, Illinois assembly plant in 2027, creating 1,500 jobs to produce a new midsize pickup truck, and will build the next-generation Dodge Durango in Detroit following a dispute with the United Auto Workers union.
Stellantis to Reopen Illinois Plant, Build Durango in Detroit
Stellantis will reopen its Belvidere, Illinois assembly plant in 2027, creating 1,500 jobs to produce a new midsize pickup truck, and will build the next-generation Dodge Durango in Detroit following a dispute with the United Auto Workers union.
Progress
48% Bias Score
Trump Repeats False Claims About US Trade Relationships
President Trump made false claims about US trade with the EU, China, and Canada during a Davos speech, misrepresenting agricultural and vehicle exports to the EU, exaggerating the US trade deficit with China, and grossly overstating the deficit with Canada while ignoring the significant role of Cana...
Trump Repeats False Claims About US Trade Relationships
President Trump made false claims about US trade with the EU, China, and Canada during a Davos speech, misrepresenting agricultural and vehicle exports to the EU, exaggerating the US trade deficit with China, and grossly overstating the deficit with Canada while ignoring the significant role of Cana...
Progress
16% Bias Score