Tag #Us Economy

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High US Credit Card Debt Demands Urgent Action Despite Recent Decline

US credit card debt declined by \$29 billion in Q1 2025 to \$1.18 trillion, yet remains high, representing a 6% year-over-year increase; high interest rates and unlikely near-term relief necessitate immediate action by borrowers to explore various debt solutions.

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52% Bias Score

Reduced Inequality
cbsnews.com
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High US Credit Card Debt Demands Action: Four Relief Options Explored

High US credit card debt, totaling over \$1 trillion, is up 6% year-over-year despite a slight recent decrease; four debt relief options are presented: balance transfers, debt consolidation loans, debt management programs, and debt forgiveness.

Progress

40% Bias Score

Reduced Inequality
cnn.com
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Trump's Tariffs Remain Despite Court Challenges

Following a temporary court block, President Trump's tariffs remain in place, impacting global trade relations and potentially raising prices for consumers; the administration cites national security concerns and unfair trade practices as justifications.

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56% Bias Score

Decent Work and Economic Growth
forbes.com
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US Economic Data and Strong Earnings Drive Stock Market Rally Amid Tariff Uncertainty

Positive US economic data and strong corporate earnings, particularly from Nvidia, fueled a stock market rally last week, offsetting concerns about tariffs despite a temporary court ruling against them being quickly reversed.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
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Bond Market Turmoil: Policy Missteps and Fiscal Recklessness Drive Yields Higher

In 2025, the U.S. bond market experienced extreme volatility as the 10-year Treasury yield swung between 4.0% and 4.47%, driven by policy missteps (tariffs, One Big Beautiful Bill Act), inflation fears, and a credit downgrade; Treasury Secretary Bessent's aim to lower yields is proving elusive.

Progress

44% Bias Score

Reduced Inequality
edition.cnn.com
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US Consumer Sentiment Remains Low Amidst Trade War Uncertainty

Consumer sentiment in the US remained at 52.2 in May, the fourth lowest since 1952, despite a temporary pause on some tariffs, reflecting uncertainty around the ongoing trade war and impacting economic policy decisions.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
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U.S. Wine Market Shows Signs of Recovery After Two-Year Decline

A new report shows U.S. wine shipments increased to 134.4 million cases by February 2025, up from 127.3 million cases in February 2024, following two years of decline; 2024 wine revenue reached an estimated \$109 billion, a 3.42% increase from 2023.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
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FOMC Expected to Hold Interest Rates Steady Amid Tariff Concerns

The Federal Open Market Committee (FOMC) is expected to hold interest rates steady at 4.25% to 4.5% at its June 11 meeting, primarily due to the current economic stability, despite ongoing concerns about the impact of tariffs on inflation and unemployment and President Trump's continued calls for lo...

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40% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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US Household Finances Strained by Inflation, Interest Rates, and Policy Uncertainty

High inflation, high interest rates, and unpredictable policies are straining American household finances, causing increased debt, delinquencies, and declining consumer sentiment; Buy Now, Pay Later use for groceries has risen to 25%, and student loan defaults are increasing.

Progress

48% Bias Score

No Poverty
cnn.com
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Strained Household Finances Threaten US Economic Outlook

High inflation, high interest rates, and renewed student loan repayments are straining American household finances, increasing debt defaults, and impacting consumer spending, potentially leading to an economic downturn. The Trump administration's tariffs further exacerbate uncertainty.

Progress

52% Bias Score

No Poverty
us.cnn.com
🌐 85% Global Worthiness
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Trump Doubles Steel Tariffs to 50%

President Trump announced a 50% tariff on steel imports, effective June 4th, aiming to protect American steelworkers, building on his March 12th imposition of a 25% tariff. This decision follows a deal allowing Nippon Steel to acquire a controlling stake in US Steel, with US government oversight.

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64% Bias Score

Decent Work and Economic Growth
it.euronews.com
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Trump Doubles Steel and Aluminum Tariffs, Escalating Trade Tensions

President Trump announced a doubling of steel and aluminum import tariffs to 50 percent, effective June 4th, potentially escalating trade tensions globally; this follows recent legal challenges and comes alongside a partial sale of U.S. Steel to a Japanese company.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 1,444 results