Fed Officials Voice Inflation Concerns Amidst Rising Interest Rates
Federal Reserve officials voiced concerns about President-elect Trump's policies potentially hindering their efforts to lower inflation to 2%; investors now predict higher interest rates persisting into 2025, causing a rise in the 10-year Treasury note yield to 4.7% and the average 30-year mortgage ...
Fed Officials Voice Inflation Concerns Amidst Rising Interest Rates
Federal Reserve officials voiced concerns about President-elect Trump's policies potentially hindering their efforts to lower inflation to 2%; investors now predict higher interest rates persisting into 2025, causing a rise in the 10-year Treasury note yield to 4.7% and the average 30-year mortgage ...
Progress
44% Bias Score
ILA, USMX Reach Tentative Six-Year Contract, Averting Strike
The International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) reached a tentative six-year contract on January 15, 2025, averting a strike, with key compromises on automation and technology implementation while preserving jobs, pending ratification votes.
ILA, USMX Reach Tentative Six-Year Contract, Averting Strike
The International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) reached a tentative six-year contract on January 15, 2025, averting a strike, with key compromises on automation and technology implementation while preserving jobs, pending ratification votes.
Progress
48% Bias Score
Fed Revises Inflation Target Timeline Due to Higher-Than-Expected Readings
The Federal Reserve's December meeting minutes indicate that returning inflation to its 2% target will take longer than anticipated due to higher-than-expected recent inflation readings and potential policy changes, leading to a slower pace of interest rate cuts.
Fed Revises Inflation Target Timeline Due to Higher-Than-Expected Readings
The Federal Reserve's December meeting minutes indicate that returning inflation to its 2% target will take longer than anticipated due to higher-than-expected recent inflation readings and potential policy changes, leading to a slower pace of interest rate cuts.
Progress
28% Bias Score
Record U.S. Job Cuts in 2024 Amidst Technological Advancements and Economic Uncertainty
U.S. companies announced over 1.5 million job cuts in 2024, a 15-year high excluding 2020, driven by rapid technological advancements and economic shifts; the technology sector led with 133,988 job losses, while government job cuts surged 1,520% due to military reductions.
Record U.S. Job Cuts in 2024 Amidst Technological Advancements and Economic Uncertainty
U.S. companies announced over 1.5 million job cuts in 2024, a 15-year high excluding 2020, driven by rapid technological advancements and economic shifts; the technology sector led with 133,988 job losses, while government job cuts surged 1,520% due to military reductions.
Progress
40% Bias Score
Global Economic Growth Slows Amidst Rising Trade Protectionism
The IMF projects 3.2% global economic growth in 2025, but a potential Trump presidency and its threatened tariffs on key trading partners like China and Mexico pose significant risks to global economic stability, potentially disrupting supply chains and increasing inflation, as analysts warn.
Global Economic Growth Slows Amidst Rising Trade Protectionism
The IMF projects 3.2% global economic growth in 2025, but a potential Trump presidency and its threatened tariffs on key trading partners like China and Mexico pose significant risks to global economic stability, potentially disrupting supply chains and increasing inflation, as analysts warn.
Progress
52% Bias Score
US Job Growth Cools in 2024, Raising Concerns for 2025
US job growth cooled in 2024 to roughly 180,000 jobs per month, unemployment stayed near historic lows at 4.2%, but hiring activity dropped to a decade low, raising concerns about 2025 due to potential policy changes and industry-specific growth.
US Job Growth Cools in 2024, Raising Concerns for 2025
US job growth cooled in 2024 to roughly 180,000 jobs per month, unemployment stayed near historic lows at 4.2%, but hiring activity dropped to a decade low, raising concerns about 2025 due to potential policy changes and industry-specific growth.
Progress
16% Bias Score
Dockworker Agreement Averts Potential East Coast and Gulf Coast Strike
East Coast and Gulf Coast dockworkers averted a potential strike by reaching a tentative agreement with the United States Maritime Alliance on Tuesday, addressing concerns over automation and preventing a larger economic impact compared to the three-day strike in October 2024.
Dockworker Agreement Averts Potential East Coast and Gulf Coast Strike
East Coast and Gulf Coast dockworkers averted a potential strike by reaching a tentative agreement with the United States Maritime Alliance on Tuesday, addressing concerns over automation and preventing a larger economic impact compared to the three-day strike in October 2024.
Progress
40% Bias Score
Port Operators and Union Avert Strike with New Contract
East and Gulf Coast port operators and the International Longshoremen's Association (ILA) reached a tentative agreement on a new six-year contract on Wednesday evening, averting a strike set for January 15, resolving a labor dispute that threatened to halt shipments for a second time in three months...
Port Operators and Union Avert Strike with New Contract
East and Gulf Coast port operators and the International Longshoremen's Association (ILA) reached a tentative agreement on a new six-year contract on Wednesday evening, averting a strike set for January 15, resolving a labor dispute that threatened to halt shipments for a second time in three months...
Progress
44% Bias Score
East Coast Port Strike Averted by Tentative Labor Deal
The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) reached a tentative six-year contract on January 15, averting a strike that would have crippled US East and Gulf Coast ports, resolving disputes over automation and wages with a deal that includes a 62%...
East Coast Port Strike Averted by Tentative Labor Deal
The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) reached a tentative six-year contract on January 15, averting a strike that would have crippled US East and Gulf Coast ports, resolving disputes over automation and wages with a deal that includes a 62%...
Progress
44% Bias Score
Medical Debt Removal from Credit Reports
The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.
Medical Debt Removal from Credit Reports
The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.
Progress
40% Bias Score
Used Vehicle Prices to Stabilize in 2025
Cox Automotive forecasts used vehicle wholesale prices to increase by 1.4% in 2025, stabilizing after significant drops following pandemic-inflated prices; the average listing price in December was $25,565, down 3% year-over-year; used vehicle sales are expected to increase by 1% to 37.8 million in ...
Used Vehicle Prices to Stabilize in 2025
Cox Automotive forecasts used vehicle wholesale prices to increase by 1.4% in 2025, stabilizing after significant drops following pandemic-inflated prices; the average listing price in December was $25,565, down 3% year-over-year; used vehicle sales are expected to increase by 1% to 37.8 million in ...
Progress
32% Bias Score
Dockworkers Resume Negotiations To Avert Potential Strike
East Coast and Gulf Coast dockworkers are set to resume negotiations on January 15 to avoid a potential strike that could cost the U.S. economy billions of dollars per week and affect retail profitability; the previous three-day strike in October ended with a tentative agreement on pay.
Dockworkers Resume Negotiations To Avert Potential Strike
East Coast and Gulf Coast dockworkers are set to resume negotiations on January 15 to avoid a potential strike that could cost the U.S. economy billions of dollars per week and affect retail profitability; the previous three-day strike in October ended with a tentative agreement on pay.
Progress
40% Bias Score