Tag #Us Economy

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, ...

Progress

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
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
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
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
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
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
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
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...

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48% Bias Score

Decent Work and Economic Growth
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