Tag #Us Economy

Showing 613 to 624 of 1,108 results

theglobeandmail.com
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Business News Roundup: CPPIB Success, Shopify Action, Tim Hortons Decline

This week's business news includes CPPIB exceeding its $700-billion asset target five years early, Shopify removing Kanye West's store for violating platform rules, Tim Hortons' earnings declining since 2018, TD selling its Charles Schwab stake for $20 billion, Canada supplying two-thirds of the U.S...

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20% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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US Stocks Rise Despite Inflation Concerns and Tariff Uncertainty

US stocks are rising, boosted by strong corporate earnings and anticipation of President Trump's tariff announcement; however, high inflation and the potential for increased tariffs create economic uncertainty.

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40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Powell Cautious Amidst US Economic Strength, Rising Debt, and Trump's Policies

Federal Reserve Chair Jerome Powell, while optimistic about the US economy's overall strength, voiced concerns over President Trump's policies and rising consumer debt, particularly the surge in credit card debt to $1.17 trillion in Q3 2024 and a record high uncertainty index, while opposing rapid i...

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48% Bias Score

Reduced Inequality
edition.cnn.com
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US Inflation Surges to 3% in January 2024 on Broad Price Increases

The January 2024 Consumer Price Index (CPI) unexpectedly rose 0.5% from December, reaching a 3% annual inflation rate, driven by broad price increases, particularly a 15.2% jump in egg prices; this increase caused US stocks to drop and the 10-year Treasury yield to surge to 4.6%.

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44% Bias Score

No Poverty
cnbc.com
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Trump Tariffs Could Hike Average New Car Price by $5,790

President Trump's proposed 25% tariffs on vehicles and parts from Mexico and Canada could increase the average new car price by $5,790 to over $54,500, impacting American consumers significantly, based on an analysis showing over 22% of U.S. auto sales and 40% of parts originate from these countries...

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44% Bias Score

Reduced Inequality
cnn.com
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McKinley's Tariffs: Revenue Impact and Economic Debate

In 1890, William McKinley's legislation increased tariffs on imported goods to around 50%, resulting in tariffs providing more than half of U.S. government revenue. However, modern economic analysis disputes the notion that these tariffs alone created significant wealth.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Delays Tariffs, but Service Trade Retaliation Looms

President Trump's delay of tariffs on Canadian imports, prompted by Canada's planned retaliatory tariffs targeting Republican states, may be temporary due to his focus on reducing the US trade deficit and funding tax cuts, but a coordinated response from allies targeting US services trade surpluses ...

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36% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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Acemoglu: US Protectionism Undermines Global Order, Threatening Prosperity

In a Financial Times op-ed, Nobel economist Daron Acemoglu blames America's protectionist policies and institutional failures for undermining its own economic strength and global standing, warning of a self-reinforcing cycle of instability.

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48% Bias Score

Reduced Inequality
nbcnews.com
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Trump Inherits High Inflation, Faces Economic Uncertainty

Despite inheriting high inflation (3.2% core rate exceeding the Federal Reserve's 2% goal), primarily driven by housing costs and anticipated increases from Trump's tariffs, the U.S. economy remains strong according to Federal Reserve Chair Jerome Powell. However, slowing consumer savings and public...

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52% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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US Inflation Surges to 3% in January, Exceeding Expectations

US inflation rose 0.5% in January 2024 to 3%, exceeding expectations and driven by broad price increases, especially a 15.2% surge in egg prices due to avian flu, posing challenges for the Federal Reserve's inflation control efforts and President Trump's economic policies.

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40% Bias Score

No Poverty
cnbc.com
🌐 85% Global Worthiness
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Surprise Inflation Surge Dashes Rate Cut Hopes

The January 2025 CPI report revealed unexpectedly high inflation, with headline CPI at 3% and core CPI at 3.3%, causing bond yields to spike and stocks to fall, impacting predictions for Federal Reserve rate cuts and contradicting Goldman Sachs' forecast. Housing and medical costs were particularly ...

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64% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Bird Flu Outbreak Drives Record-High Egg Prices

Wholesale egg prices hit a record high of \$8 per dozen due to a bird flu outbreak that killed over 40 million egg-laying chickens in 2024, impacting retail prices and causing some stores to limit purchases; while the impact on chicken meat prices has been less severe.

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24% Bias Score

Zero Hunger

Showing 613 to 624 of 1,108 results