Tag #Us Economy

theglobeandmail.com
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U.S. Stock Futures Rise Despite Inflation Concerns

U.S. stock futures rose slightly on Wednesday morning, boosted by anticipation of economic data and Fed meeting minutes, but concerns about inflation persist after Tuesday's market decline due to robust job growth and services activity. The 10-year Treasury yield hit an eight-month high, while inves...

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44% Bias Score

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cnbc.com
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LinkedIn's Top 10 Fastest-Growing US Jobs in 2025

LinkedIn's 2025 Jobs on the Rise report identifies Artificial Intelligence Engineer and Consultant as the top two fastest-growing occupations in the U.S. between January 2022 and July 2024, driven by increased AI adoption and the post-pandemic rebound in travel and live events.

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20% Bias Score

Decent Work and Economic Growth
cnbc.com
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December US Job Growth Slows, Wages Ease

US private sector job growth unexpectedly slowed to 122,000 in December, the lowest since August, while annual wage growth fell to 4.6 percent, its slowest pace in nearly 3.5 years; however, unemployment claims remain low at 201,000.

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32% Bias Score

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abcnews.go.com
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U.S. Jobless Claims Hit Near-Year Low Amidst Cooling Job Growth

U.S. jobless claims fell to a near-year low of 201,000 for the week ending January 4, reflecting a healthy labor market despite slowing job growth and persistent inflation concerns; the four-week average fell to 213,000, while the number of people receiving benefits rose to 1.87 million.

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36% Bias Score

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forbes.com
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Trump Appoints Wall Street Veterans to Key Economic Roles

President-elect Donald Trump appointed Howard Lutnick as Secretary of Commerce and Scott Bessent as Secretary of the Treasury; both are highly successful investors with extensive business experience, but their success depends on their ability to influence President Trump's economic policies amid glo...

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52% Bias Score

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cbsnews.com
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DAMAC to Invest \$20 Billion in US Data Centers

Dubai's DAMAC Properties will invest at least \$20 billion in U.S. data centers across Texas, Arizona, Oklahoma, Ohio, Illinois, Louisiana, Michigan, and Indiana, a decision the company says was influenced by President-elect Trump's win.

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68% Bias Score

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abcnews.go.com
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IRS Improves Taxpayer Service Despite Backlogs, Budget Threats

The IRS has improved taxpayer services thanks to the Inflation Reduction Act, but still faces significant backlogs in identity theft (22-month delays) and ERC claims (1.2 million pending), impacting taxpayers and businesses; budget cuts threaten further progress.

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40% Bias Score

Reduced Inequality
abcnews.go.com
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Asian Markets Dip Despite Positive US Economic News

Asian markets fell Wednesday, mirroring Wall Street's decline despite positive U.S. economic data; rising bond yields, driven by strong economic reports and reduced rate-cut expectations, and concerns about future U.S. policies, caused the downturn.

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52% Bias Score

Reduced Inequality
cnbc.com
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Mortgage Rates Hit Highest Point Since July 2024, Causing Application Volume to Plummet

Mortgage application volume fell 3.7% last week due to a fourth consecutive weekly rise in rates, reaching 6.99% for a 30-year fixed-rate mortgage—the highest since July 2024; purchase applications dropped 7% weekly and 15% yearly, while refinance applications rose 2% weekly but fell 6% yearly.

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36% Bias Score

Reduced Inequality
cnnespanol.cnn.com
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Trump's Advisors Weigh Universal Tariffs Amidst Internal Divisions

President-elect Donald Trump is pushing for universal tariffs on foreign imports, with advisors exploring a 10% tariff on all imports and a 60% tariff on Chinese goods, although adjustments are under consideration due to political and economic realities; internal divisions exist among his advisors o...

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40% Bias Score

Reduced Inequality
cnbc.com
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U.S. Services Industry Growth Fueled by Tariff Worries

The U.S. services industry saw a significant increase in activity in December (54.1%), but also a sharp rise in prices (64.4%) due to tariff concerns, impacting the Federal Reserve's monetary policy decisions.

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40% Bias Score

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cnbc.com
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21 States Raise Minimum Wage in 2024

Twenty-one states raised their minimum wage on January 1, 2024, impacting over 9.2 million workers, with increases ranging from $10.55 to $16.66 per hour, reflecting a trend of states independently raising wages while the federal minimum remains at $7.25 since 2009.

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40% Bias Score

Decent Work and Economic Growth