IRS struggles to collect taxes from wealthy non-filers
The IRS is struggling to collect taxes from tens of thousands of wealthy Americans who avoid filing returns, exploiting a loophole where non-filing is a misdemeanor, not a felony; a recent initiative has collected $292 million in additional taxes, but millions more remain uncollected.
IRS struggles to collect taxes from wealthy non-filers
The IRS is struggling to collect taxes from tens of thousands of wealthy Americans who avoid filing returns, exploiting a loophole where non-filing is a misdemeanor, not a felony; a recent initiative has collected $292 million in additional taxes, but millions more remain uncollected.
Progress
56% Bias Score
US Job Growth Remains Strong Despite October Dip
November's jobs report shows 227,000 jobs created, following a slight dip in October that was later revised upward, adding over 100,000 jobs to the total; President Biden's administration created 17 million jobs in four years, a record second only to Bill Clinton's 23 million over eight years; Presi...
US Job Growth Remains Strong Despite October Dip
November's jobs report shows 227,000 jobs created, following a slight dip in October that was later revised upward, adding over 100,000 jobs to the total; President Biden's administration created 17 million jobs in four years, a record second only to Bill Clinton's 23 million over eight years; Presi...
Progress
52% Bias Score
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
Progress
40% Bias Score
DAX Surges Past 20,000 Points on US Growth, Despite Political Uncertainty
The German DAX index surpassed 20,000 points, fueled by strong US economic data, including speculation of further interest rate cuts and eased export restrictions to China, despite political instability in France, the US, and South Korea.
DAX Surges Past 20,000 Points on US Growth, Despite Political Uncertainty
The German DAX index surpassed 20,000 points, fueled by strong US economic data, including speculation of further interest rate cuts and eased export restrictions to China, despite political instability in France, the US, and South Korea.
Progress
44% Bias Score
Fed Chair Powell Emphasizes Independence, Cautious on Rate Cuts
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence to ensure economic stability for all Americans, while indicating a cautious approach to further interest rate cuts despite recent positive economic data.
Fed Chair Powell Emphasizes Independence, Cautious on Rate Cuts
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence to ensure economic stability for all Americans, while indicating a cautious approach to further interest rate cuts despite recent positive economic data.
Progress
40% Bias Score
Powell: No Concern Over Trump Influencing Federal Reserve
Federal Reserve Chair Jerome Powell affirmed Wednesday that he is unconcerned about President-elect Donald Trump's potential attempts to influence the central bank, citing existing legal safeguards and bipartisan congressional support for the Fed's independence in making monetary policy decisions.
Powell: No Concern Over Trump Influencing Federal Reserve
Federal Reserve Chair Jerome Powell affirmed Wednesday that he is unconcerned about President-elect Donald Trump's potential attempts to influence the central bank, citing existing legal safeguards and bipartisan congressional support for the Fed's independence in making monetary policy decisions.
Progress
36% Bias Score
Record \$140 Billion Inflow into US Equities Post-Election
Following the US presidential election, approximately \$140 billion poured into US equity mutual funds, fueled by anticipated tax cuts and pro-business policies, setting a record for monthly inflows since 2000 and driving major US stock indexes to record highs, while simultaneously witnessing signif...
Record \$140 Billion Inflow into US Equities Post-Election
Following the US presidential election, approximately \$140 billion poured into US equity mutual funds, fueled by anticipated tax cuts and pro-business policies, setting a record for monthly inflows since 2000 and driving major US stock indexes to record highs, while simultaneously witnessing signif...
Progress
36% Bias Score
UK Wealth Doubled Since 1980, But Inequality Remained Stable, Unlike the US
A Resolution Foundation report reveals that while UK household wealth doubled since 1980, wealth inequality remained relatively stable, unlike the US; however, rising wealth inequality between age groups is a concern, particularly concerning homeownership and inheritance.
UK Wealth Doubled Since 1980, But Inequality Remained Stable, Unlike the US
A Resolution Foundation report reveals that while UK household wealth doubled since 1980, wealth inequality remained relatively stable, unlike the US; however, rising wealth inequality between age groups is a concern, particularly concerning homeownership and inheritance.
Progress
36% Bias Score
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
Progress
40% Bias Score
Strong US Economy Allows for Cautious Interest Rate Cuts Amidst Trump Tariff Uncertainty
Federal Reserve Chair Jerome Powell stated that the US economy's strength allows for cautious interest rate cuts despite expectations of a third cut this month; however, President-elect Trump's proposed tariffs on imports from Mexico, Canada, and China threaten to increase inflation and decrease con...
Strong US Economy Allows for Cautious Interest Rate Cuts Amidst Trump Tariff Uncertainty
Federal Reserve Chair Jerome Powell stated that the US economy's strength allows for cautious interest rate cuts despite expectations of a third cut this month; however, President-elect Trump's proposed tariffs on imports from Mexico, Canada, and China threaten to increase inflation and decrease con...
Progress
44% Bias Score
ABD Ekonomisi Beklenenden Daha Güçlü: Fed Daha Temkinli Olacak
Fed Başkanı Jerome Powell, ABD ekonomisinin Eylül ayında tahmin edilenden daha güçlü olduğunu ve bu nedenle faiz oranlarını düşürürken daha temkinli olacaklarını açıkladı. Powell, ekonomik büyümenin, enflasyonun düşmesinin ve düşük işsizlik oranının ABD ekonomisinin güçlü durumda olduğunu gösterdiği...
ABD Ekonomisi Beklenenden Daha Güçlü: Fed Daha Temkinli Olacak
Fed Başkanı Jerome Powell, ABD ekonomisinin Eylül ayında tahmin edilenden daha güçlü olduğunu ve bu nedenle faiz oranlarını düşürürken daha temkinli olacaklarını açıkladı. Powell, ekonomik büyümenin, enflasyonun düşmesinin ve düşük işsizlik oranının ABD ekonomisinin güçlü durumda olduğunu gösterdiği...
Progress
40% Bias Score
AI Earnings Boost Market; Stanley Black & Decker Adjusts to Tariff Risks
Strong AI-driven earnings propel the S&P 500 to record highs, while Stanley Black & Decker plans supply chain shifts to mitigate potential tariff increases under a Trump presidency, leading to a sell rating on the stock.
AI Earnings Boost Market; Stanley Black & Decker Adjusts to Tariff Risks
Strong AI-driven earnings propel the S&P 500 to record highs, while Stanley Black & Decker plans supply chain shifts to mitigate potential tariff increases under a Trump presidency, leading to a sell rating on the stock.
Progress
44% Bias Score