Barr Resigns from Federal Reserve, Avoiding Potential Trump Conflict
Federal Reserve Vice Chair for Supervision Michael Barr resigned on February 28, 2024, to avoid a potential conflict with President-elect Trump; bank stocks rallied on the news, and the Fed will delay major regulatory decisions until a successor is appointed.
Barr Resigns from Federal Reserve, Avoiding Potential Trump Conflict
Federal Reserve Vice Chair for Supervision Michael Barr resigned on February 28, 2024, to avoid a potential conflict with President-elect Trump; bank stocks rallied on the news, and the Fed will delay major regulatory decisions until a successor is appointed.
Progress
44% Bias Score
Former UN Official Warns of Negative Global Impacts from Potential US Protectionist Policies
A former UN official warns that new US protectionist policies could harm global trade, disrupt supply chains, raise consumer prices, and increase global tensions, hindering efforts to address pressing global challenges such as climate change.
Former UN Official Warns of Negative Global Impacts from Potential US Protectionist Policies
A former UN official warns that new US protectionist policies could harm global trade, disrupt supply chains, raise consumer prices, and increase global tensions, hindering efforts to address pressing global challenges such as climate change.
Progress
44% Bias Score
Economic Realities and Logistical Challenges of Mass Deportations in the US
President-elect Trump's plan to deport 11 million undocumented immigrants faces economic and logistical hurdles, as these immigrants contribute approximately \$96.7 billion annually in taxes (2022 data), and mass deportations are complex and costly. Experts suggest that deportations might instead ta...
Economic Realities and Logistical Challenges of Mass Deportations in the US
President-elect Trump's plan to deport 11 million undocumented immigrants faces economic and logistical hurdles, as these immigrants contribute approximately \$96.7 billion annually in taxes (2022 data), and mass deportations are complex and costly. Experts suggest that deportations might instead ta...
Progress
48% Bias Score
Mississippi's GDP surpasses most of Europe, narrowing the US-EU economic gap
In 2024, Mississippi's per capita GDP reached \u20ac49,780, surpassing most major European economies except Germany, highlighting a narrowing economic gap between the US and Europe, particularly when considering purchasing power and cost of living.
Mississippi's GDP surpasses most of Europe, narrowing the US-EU economic gap
In 2024, Mississippi's per capita GDP reached \u20ac49,780, surpassing most major European economies except Germany, highlighting a narrowing economic gap between the US and Europe, particularly when considering purchasing power and cost of living.
Progress
36% Bias Score
Mortgage Rates Surge to 6.97%, Plunging Demand 21.9%
Mortgage application volume dropped 21.9% in the two weeks ending December 27, 2024, as 30-year fixed mortgage rates increased to 6.97%, impacting both purchase and refinance applications during the year-end slowdown; purchase applications were 17% lower year-over-year.
Mortgage Rates Surge to 6.97%, Plunging Demand 21.9%
Mortgage application volume dropped 21.9% in the two weeks ending December 27, 2024, as 30-year fixed mortgage rates increased to 6.97%, impacting both purchase and refinance applications during the year-end slowdown; purchase applications were 17% lower year-over-year.
Progress
36% Bias Score
Diverging Economies: Limited US Rate Cuts, Euro Under Pressure
Diverging US and European economies, rising global debt, and inflationary pressures from Trump's policies will likely lead to limited US interest rate cuts, a strengthening dollar, and potential challenges for emerging markets and the Euro, while European bonds present an attractive alternative.
Diverging Economies: Limited US Rate Cuts, Euro Under Pressure
Diverging US and European economies, rising global debt, and inflationary pressures from Trump's policies will likely lead to limited US interest rate cuts, a strengthening dollar, and potential challenges for emerging markets and the Euro, while European bonds present an attractive alternative.
Progress
32% Bias Score
Bitcoin Surges Past \$100,000 Amidst U.S. Reserve Speculation
Bitcoin's price exceeded \$100,000 due to speculation about Elon Musk and a potential U.S. bitcoin reserve; analysts predict a \$225,000 price by 2025 based on factors like a favorable regulatory environment and institutional adoption, while others remain skeptical.
Bitcoin Surges Past \$100,000 Amidst U.S. Reserve Speculation
Bitcoin's price exceeded \$100,000 due to speculation about Elon Musk and a potential U.S. bitcoin reserve; analysts predict a \$225,000 price by 2025 based on factors like a favorable regulatory environment and institutional adoption, while others remain skeptical.
Progress
56% Bias Score
Top Analyst Picks: 3 Dividend Stocks for 2025
Top Wall Street analysts recommend Ares Capital (ARCC), ConocoPhillips (COP), and Darden Restaurants (DRI) as dividend stocks for 2025, citing strong fundamentals and growth potential despite macro uncertainty; recommendations are based on financial performance, operational strengths, and positive f...
Top Analyst Picks: 3 Dividend Stocks for 2025
Top Wall Street analysts recommend Ares Capital (ARCC), ConocoPhillips (COP), and Darden Restaurants (DRI) as dividend stocks for 2025, citing strong fundamentals and growth potential despite macro uncertainty; recommendations are based on financial performance, operational strengths, and positive f...
Progress
44% Bias Score
Social Security, Medicare Changes for 2025
In 2025, Social Security recipients will see a 2.5% cost of living increase, while some public pensioners will receive additional benefits due to the Social Security Fairness Act eliminating the Windfall Elimination Provision and Government Pension Offset. Medicare Part D will have a $2,000 annual o...
Social Security, Medicare Changes for 2025
In 2025, Social Security recipients will see a 2.5% cost of living increase, while some public pensioners will receive additional benefits due to the Social Security Fairness Act eliminating the Windfall Elimination Provision and Government Pension Offset. Medicare Part D will have a $2,000 annual o...
Progress
40% Bias Score
US Stock Market: Record Highs Fuel Overvaluation Fears
Fueled by tech gains and a strong economy, the US stock market saw record highs in 2024, but experts warn of overvaluation, potential 20%+ market corrections, and significant risks to consumer spending.
US Stock Market: Record Highs Fuel Overvaluation Fears
Fueled by tech gains and a strong economy, the US stock market saw record highs in 2024, but experts warn of overvaluation, potential 20%+ market corrections, and significant risks to consumer spending.
Progress
56% Bias Score
High Credit Card Debt Prompts January Push for Debt Forgiveness
Rising inflation and high credit card interest rates are increasing financial strain on Americans; consumer credit card debt rose from \$1.14 trillion to \$1.17 trillion between Q2 and Q3 2024, prompting consideration of debt settlement options like credit card debt forgiveness to alleviate the burd...
High Credit Card Debt Prompts January Push for Debt Forgiveness
Rising inflation and high credit card interest rates are increasing financial strain on Americans; consumer credit card debt rose from \$1.14 trillion to \$1.17 trillion between Q2 and Q3 2024, prompting consideration of debt settlement options like credit card debt forgiveness to alleviate the burd...
Progress
44% Bias Score
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Progress
40% Bias Score