Tag #Us Economy

nbcnews.com
🌐 75% Global Worthiness
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US Wine Sales Plummet Amidst Shifting Consumer Preferences

US wine sales fell by approximately 6% in 2024, continuing a long-term decline attributed to generational shifts in drinking habits, increased perception of alcohol's health risks, the rise of ready-to-drink beverages and legal marijuana, and higher prices.

Progress

24% Bias Score

Responsible Consumption and Production
cbsnews.com
🌐 90% Global Worthiness
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Supreme Court Upholds Law Potentially Banning TikTok in US

The US Supreme Court upheld a law that could ban TikTok unless its Chinese owner, ByteDance, sells it, potentially impacting 170 million users and causing significant financial harm to small businesses and content creators who rely heavily on the platform for sales and revenue generation.

Progress

56% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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Biden's Legacy: Stronger Consumer Protections

The Biden administration is leaving behind a legacy of strengthened consumer protections, including caps on insulin and overdraft fees, bans on hidden costs, and improved airline transparency, impacting millions of Americans' daily finances.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Biden's Economic Performance: Job Growth, Unemployment, Inflation, and GDP

President Biden's administration oversaw the creation of 17 million jobs, reduced unemployment from 6.4% to 4.1%, lowered inflation to 2.9%, and increased the GDP from \$23.5 trillion to \$27.7 trillion between 2021 and 2024.

Progress

52% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 85% Global Worthiness
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Trump's Tariffs Threaten Global Trade War

Donald Trump's threatened import tariffs, ranging from 10-20% on most goods and 60% on Chinese goods, could trigger a global trade war, significantly impacting the EU and China, although their diverse export markets might lessen the blow.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Trump Announces Key Economic Council Appointments

President-elect Donald Trump announced key appointments to his White House National Economic Council on January 17, 2025, three days before his inauguration, including Robin Colwell, Nels Nordquist, Paige Willey, Ryan Baasch, Emory Cox, Cale Clingenpeel, Andrew Lyon, Jeff Wrase, and Joel Zinberg, ea...

Progress

56% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Top 10 U.S. Stock Analysts Outperform Market in 2024

TipRanks' analysis of top-performing U.S. stock market analysts from October 2023 to September 2024 revealed Gerard Cassidy of RBC Capital as the top performer, achieving an 88% success rate and 11.5% average return, while others yielded returns as high as 305.1% on individual stocks, despite macroe...

Progress

48% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 85% Global Worthiness
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IMF: Widening US-Europe Economic Gap, Global Uncertainty

The IMF predicts a 2.7% US GDP growth in 2025 versus 1% for the Eurozone, due to higher US government spending, stronger innovation, and structural issues in Europe, creating global economic uncertainty.

Progress

40% Bias Score

Reduced Inequality
nytimes.com
🌐 85% Global Worthiness
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Diverse American Economic Perspectives on the Trump Administration

Americans express diverse economic concerns and expectations regarding the Trump administration, with some fearing financial instability and others anticipating positive economic outlooks based on personal experiences.

Progress

56% Bias Score

No Poverty
nbcnews.com
🌐 85% Global Worthiness
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Wall Street Banks Smash Records Amidst Merger and Acquisition Boom

American investment banks like JPMorgan Chase and Goldman Sachs reported record profits in the fourth quarter of 2024, exceeding expectations due to increased trading activity, a rise in investment banking deals, and the anticipation of a surge in mergers and acquisitions fueled by a more favorable ...

Progress

56% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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FTC Issues Controversial Antitrust Policy Favoring Labor, Facing Potential Reversal

On January 14, 2025, the FTC issued a policy statement exempting certain worker joint conduct from antitrust liability, and on January 16, jointly released with the DOJ new Antitrust Guidelines prioritizing labor interests; both actions passed by 3-2 partisan votes and face potential reversal by the...

Progress

52% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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Eurozone Slowdown Amidst High Energy Prices and US-China Economic Uncertainty

High European energy prices, five times the US rate, are slowing Eurozone growth, impacting countries heavily reliant on industrial production, while Spain thrives on tourism. The US, with stronger productivity and investment, outpaces Europe, but faces risks from its trade and fiscal policies; Chin...

Progress

48% Bias Score

Decent Work and Economic Growth