Showing 625 to 636 of 1,930 results
IRS Staffing Cuts to Cost US Hundreds of Billions in Revenue
The Trump administration's 24% reduction of IRS staff, disproportionately impacting high-revenue generating units, is projected to cause hundreds of billions of dollars in lost revenue, worsening the national debt and undermining tax compliance.
IRS Staffing Cuts to Cost US Hundreds of Billions in Revenue
The Trump administration's 24% reduction of IRS staff, disproportionately impacting high-revenue generating units, is projected to cause hundreds of billions of dollars in lost revenue, worsening the national debt and undermining tax compliance.
Progress
52% Bias Score
US Electricity Demand to Surge 25-78% by 2050, Doubling Consumer Costs
A new report forecasts a 25-78% increase in US electricity demand by 2050, potentially doubling consumer costs, due to factors like cryptocurrency mining, data centers, and electric vehicles, straining the power grid and necessitating immediate action.
US Electricity Demand to Surge 25-78% by 2050, Doubling Consumer Costs
A new report forecasts a 25-78% increase in US electricity demand by 2050, potentially doubling consumer costs, due to factors like cryptocurrency mining, data centers, and electric vehicles, straining the power grid and necessitating immediate action.
Progress
36% Bias Score
US-China Tariff Truce Averts Crisis, but Uncertain Future Remains
The US significantly lowered tariffs on Chinese goods to 10% (BBC claims 30%) after initial threats caused market turmoil; the 90-day truce aims to avoid economic crisis but may worsen the trade deficit, setting the stage for either high tariffs and recession or low tariffs and a growth-focused stra...
US-China Tariff Truce Averts Crisis, but Uncertain Future Remains
The US significantly lowered tariffs on Chinese goods to 10% (BBC claims 30%) after initial threats caused market turmoil; the 90-day truce aims to avoid economic crisis but may worsen the trade deficit, setting the stage for either high tariffs and recession or low tariffs and a growth-focused stra...
Progress
56% Bias Score
Mortgage Rates Top 7% Amid Moody's Downgrade, Exacerbating Housing Crisis
The average 30-year mortgage rate climbed above 7% on Monday for the first time since April 11, following Moody's downgrade of the U.S. credit rating and a rise in the 10-year Treasury yield to above 5%, impacting homebuyers facing high prices and limited affordability.
Mortgage Rates Top 7% Amid Moody's Downgrade, Exacerbating Housing Crisis
The average 30-year mortgage rate climbed above 7% on Monday for the first time since April 11, following Moody's downgrade of the U.S. credit rating and a rise in the 10-year Treasury yield to above 5%, impacting homebuyers facing high prices and limited affordability.
Progress
44% Bias Score
Moody's Downgrade Spurs Market Volatility
Following a Moody's downgrade of the US credit rating, Wall Street's major indices closed slightly up, erasing opening losses; meanwhile, US Treasury bond yields surged, and the dollar weakened against major currencies, impacting gold and oil futures.
Moody's Downgrade Spurs Market Volatility
Following a Moody's downgrade of the US credit rating, Wall Street's major indices closed slightly up, erasing opening losses; meanwhile, US Treasury bond yields surged, and the dollar weakened against major currencies, impacting gold and oil futures.
Progress
52% Bias Score
Moody's Downgrades U.S. Credit Rating, Highlighting Fiscal Concerns
Moody's downgraded the U.S. credit rating to Aa1 from AAA on August 1, 2024, citing concerns about fiscal deterioration, triggering minor market reactions but highlighting deeper investor worries about the country's rising debt and deficit.
Moody's Downgrades U.S. Credit Rating, Highlighting Fiscal Concerns
Moody's downgraded the U.S. credit rating to Aa1 from AAA on August 1, 2024, citing concerns about fiscal deterioration, triggering minor market reactions but highlighting deeper investor worries about the country's rising debt and deficit.
Progress
48% Bias Score
U.S. Tariff Enforcement Undermined by Transshipping and Resource Shortages
Understaffing and budget cuts at U.S. Customs and Border Protection are hindering the collection of tariffs, allowing Chinese companies to avoid them by transshipping goods through third countries like Thailand and Vietnam; this is resulting in significant revenue loss for the U.S. government.
U.S. Tariff Enforcement Undermined by Transshipping and Resource Shortages
Understaffing and budget cuts at U.S. Customs and Border Protection are hindering the collection of tariffs, allowing Chinese companies to avoid them by transshipping goods through third countries like Thailand and Vietnam; this is resulting in significant revenue loss for the U.S. government.
Progress
44% Bias Score
Franchisor Confidence High Despite Economic Uncertainty
BoeFly's April 2025 Franchise Growth Confidence Index shows 72.7% of franchisors are confident in meeting 2025 growth goals despite economic uncertainty; 65.2% expect increased or stable new franchisee volume, and 57% plan to surpass 2024 expansion.
Franchisor Confidence High Despite Economic Uncertainty
BoeFly's April 2025 Franchise Growth Confidence Index shows 72.7% of franchisors are confident in meeting 2025 growth goals despite economic uncertainty; 65.2% expect increased or stable new franchisee volume, and 57% plan to surpass 2024 expansion.
Progress
52% Bias Score
Moody's Downgrades U.S. Credit Rating; Markets React Minimally
Moody's downgraded the U.S. credit rating to Aa1 from AAA on Friday, causing a slight increase in the 10-year Treasury yield to 4.46% and a significant rise in the 30-year fixed mortgage rate to 7.04%, yet stock markets displayed minimal overall reaction.
Moody's Downgrades U.S. Credit Rating; Markets React Minimally
Moody's downgraded the U.S. credit rating to Aa1 from AAA on Friday, causing a slight increase in the 10-year Treasury yield to 4.46% and a significant rise in the 30-year fixed mortgage rate to 7.04%, yet stock markets displayed minimal overall reaction.
Progress
36% Bias Score
Dimon Warns of Underestimated Economic Risks, Predicting Market Correction
JPMorgan Chase CEO Jamie Dimon warned on Monday that markets and central banks underestimate the risks of record U.S. deficits, tariffs, and international tensions, predicting a significant decline in S&P 500 earnings and increased odds of stagflation.
Dimon Warns of Underestimated Economic Risks, Predicting Market Correction
JPMorgan Chase CEO Jamie Dimon warned on Monday that markets and central banks underestimate the risks of record U.S. deficits, tariffs, and international tensions, predicting a significant decline in S&P 500 earnings and increased odds of stagflation.
Progress
52% Bias Score
Greek Economists: Trump's Tariffs to Harm US Economy
The Greek Panel of Economists overwhelmingly (91%) predicts that the Trump administration's tariff policy will harm the US economy due to uncertainty and instability, even before considering predictable negative effects on international trade. This is despite the initial intention to protect domesti...
Greek Economists: Trump's Tariffs to Harm US Economy
The Greek Panel of Economists overwhelmingly (91%) predicts that the Trump administration's tariff policy will harm the US economy due to uncertainty and instability, even before considering predictable negative effects on international trade. This is despite the initial intention to protect domesti...
Progress
48% Bias Score
Low Gas Prices Boost Memorial Day Travel Despite Economic Concerns
The national average gas price is projected to be \$3.08 this Memorial Day, the lowest since 2021, benefiting the nearly 40 million Americans expected to travel by car this holiday weekend; however, this is partially due to concerns about the economy and reduced refinery capacity.
Low Gas Prices Boost Memorial Day Travel Despite Economic Concerns
The national average gas price is projected to be \$3.08 this Memorial Day, the lowest since 2021, benefiting the nearly 40 million Americans expected to travel by car this holiday weekend; however, this is partially due to concerns about the economy and reduced refinery capacity.
Progress
40% Bias Score
Showing 625 to 636 of 1,930 results