Tag #Us Economy

corriere.it
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Trump's Crypto Gamble: Bitcoin in US Reserves

Facing public skepticism and legal hurdles, President Trump's plan to integrate Bitcoin into the US federal reserve, driven by political backing and financial incentives, risks destabilizing the financial markets while raising serious conflicts of interest.

Progress

56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Return to Power: 2025 US Economic Outlook

President-elect Trump's return to the White House in 2025 will bring significant changes to U.S. economic policy, including potential tax reforms, deregulation, and tariffs, impacting global markets and requiring investors to adjust portfolios.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
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U.S. Job Market Shifts from "Great Resignation" to "Great Stay

The U.S. job market has transitioned from the "Great Resignation" to the "Great Stay," with low hiring, quits, and layoffs, primarily due to employer reluctance to lay off workers and reduced hiring stemming from the Federal Reserve's interest rate hikes to curb inflation.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump's Bitcoin Reserve Plan Sends Prices Soaring Past \$100,000

Donald Trump's endorsement of a U.S. bitcoin reserve, coupled with MicroStrategy founder Michael Saylor's proposal to Congress, has driven bitcoin prices above \$100,000, prompting warnings to the Federal Reserve and speculation about the potential to offset the national debt and position the U.S. a...

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60% Bias Score

Reduced Inequality
cnnespanol.cnn.com
🌐 75% Global Worthiness
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Low-Income Americans Face Continued Economic Hardship Amidst Inflation and Tariff Threats

Chiugo Akujuobi, a 26-year-old college graduate, is living below the poverty line after fleeing her home due to transphobia, highlighting the ongoing economic struggles faced by many low-income Americans amid easing inflation, but with potential future tariff increases threatening further hardship.

Progress

32% Bias Score

No Poverty
aljazeera.com
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Starbucks Baristas Strike Over Wages and Working Conditions

Starbucks baristas in Los Angeles, Chicago, and Seattle began a five-day strike on Friday, citing unfair labor practices, insufficient wages ($21/hour), and inadequate staffing; the union representing them, Starbucks Workers United, says the action could escalate to hundreds of stores by Christmas E...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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US Stocks Rise After Shutdown Averted, Inflation Eases Concerns

U.S. stock index futures rose on Monday following Congress's passage of a spending bill that averted a government shutdown and a positive inflation report that reduced concerns about interest rate hikes; the Dow E-minis rose 0.07%, the S&P 500 E-minis rose 0.26%, and the Nasdaq 100 E-minis rose 0.45...

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Fed Holds Steady on Rates in January, More Cuts Expected in 2025

The Federal Reserve cut interest rates by 0.25% on December 18, 2024, but a January 29, 2025 rate cut is unlikely due to elevated inflation (November CPI at 2.7%, core CPI at 3.3%) and low unemployment; however, further cuts are likely in 2025.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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US Economy Poised for Continued Growth in 2025

The US economy is poised for continued growth in 2025, driven by a strong labor market, solid consumer spending, and anticipated interest rate cuts by the Federal Reserve, despite existing inflation and geopolitical risks.

Progress

44% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Market Falls Despite Positive Economic Data Amid Fed's Hawkish Outlook

The S&P 500 and Dow Jones Industrial Average fell despite a Friday rally, losing 2% and 2.2% respectively, due to the Federal Reserve's less-dovish outlook on future rate cuts, despite a cooler-than-expected personal consumption expenditures (PCE) price index.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Bearish Crude Oil Market Outlook for 2025

As the trading year ends, crude oil markets show a bearish trend due to oversupply, reduced Chinese demand (300,000 bpd less in Q4 2024 than Q4 2023), and a stronger dollar following the Fed's rate cut announcement.

Progress

40% Bias Score

Affordable and Clean Energy
edition.cnn.com
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Trans Woman's Struggle Highlights US Economic Hardship

Chiugo Akujuobi, a 26-year-old trans woman, survives on food pantries and friends' help after fleeing transphobic abuse in Houston; their financial struggles exemplify the difficulties faced by low-income Americans amidst persistent inflation and the potential impact of new tariffs.

Progress

24% Bias Score

No Poverty