Tag #Us Economy

kathimerini.gr
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Trump's Return Threatens Global Tax War

A potential second Trump presidency is jeopardizing the global tax deal brokered by the OECD, causing concern amongst experts due to the potential for retaliatory tariffs on countries implementing new rules allowing additional taxes on US multinationals, particularly the EU, which has a €158 billion...

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44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Strong Job Growth Fuels Market Concerns Amidst Rising Yields

Stronger-than-expected job growth in December (256,000 jobs, exceeding forecasts by 100,000) caused a 1.5% drop in the S&P 500 on Friday, due to concerns about the sustainability of economic growth given rising bond yields and Federal Reserve actions.

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24% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Nordstrom Raises Sales Outlook After Strong Holiday Season

Nordstrom raised its full-year sales outlook to 1.5%-2.5% growth after exceeding holiday sales expectations, driven by competitive pricing and a strong product offering; however, profit guidance remained unchanged, and a buyout deal is planned for the first half of 2025.

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36% Bias Score

Decent Work and Economic Growth
lefigaro.fr
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US Job Growth Soars in December, Defying Expectations

The US added 256,000 jobs in December 2023, defying analysts' predictions and lowering unemployment to 4.1%, exceeding expectations after a Boeing strike and hurricanes, and showing strong wage growth exceeding inflation.

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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U.S. Job Growth Accelerates, Defying Expectations and Potentially Halting Fed Rate Cuts

The U.S. added 256,000 jobs in December, exceeding expectations and lowering unemployment to 4.1%, leading to speculation that the Federal Reserve will maintain interest rates; this follows concerns about potential inflation under the incoming Trump administration.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
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Conflicting Credit Reporting Changes Impact Millions of Americans

The CFPB will remove \$49 billion in medical debt from credit reports, impacting 15 million people, while protections ending for millions of federal student loan borrowers will result in negative credit reporting.

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48% Bias Score

Reduced Inequality
forbes.com
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Strong US Jobs Data Triggers Sharp Crypto Market Selloff

The unexpectedly strong US JOLTS report, exceeding 8 million job openings, caused a significant selloff in crypto markets, with Bitcoin, Ethereum, and Dogecoin dropping 5–8% and over $200 million in assets liquidated in an hour, due to investor concerns about persistent inflation and reduced likelih...

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52% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Strong Jobs Report Eliminates Rate Cut Expectations, Markets Fall

Stronger-than-expected November jobs data (256,000 jobs added, unemployment at 4.1%) and surging consumer inflation expectations (highest since 2008) eliminated market expectations of Federal Reserve rate cuts in 2024, leading to stock market declines (S&P 500 down 1.5%, Nasdaq down 2%).

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52% Bias Score

Decent Work and Economic Growth
cnbc.com
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Markets Reopen, Wildfires Cause Billions in Losses, Delta Reports Strong Earnings

U.S. markets resumed trading after a day of mourning for Jimmy Carter, with stock futures slightly lower; devastating California wildfires may cause up to $50 billion in economic losses; Delta Air Lines reported strong Q4 results, and Donald Trump's request to block his hush-money case sentencing wa...

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48% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
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Canada's Unexpected Job Boom Fuels Debate on Interest Rates

Canada's economy added 91,000 jobs in December 2016, exceeding expectations significantly, lowering the unemployment rate to 6.7 percent and sparking debate about the Bank of Canada's interest rate policy amidst concerns about U.S. tariffs and a potentially weakening Canadian dollar.

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40% Bias Score

Decent Work and Economic Growth
theguardian.com
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Constellation to Acquire Calpine in $16.4 Billion US Power Industry Deal

Constellation Energy is buying Calpine Corporation for $16.4 billion (or $26.6 billion including debt), creating the largest independent US power provider amid surging electricity demand driven by AI data centers and electric transportation.

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60% Bias Score

Affordable and Clean Energy
forbes.com
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Strong December Jobs Report Dashes Hopes for January Fed Rate Cut

The December 2024 U.S. jobs report revealed a 256,000 net increase in non-farm payrolls, lowering the unemployment rate to 4.1% and significantly reducing the likelihood of a Federal Reserve interest rate cut in January 2025 due to elevated inflation and a strong labor market.

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52% Bias Score

Decent Work and Economic Growth