Tag #Us Economy

Showing 637 to 648 of 1,930 results

cnn.com
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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.

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40% Bias Score

No Poverty
foxnews.com
🌐 85% Global Worthiness
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Trump Tax Plan Projected to Boost Wages and Family Income

The Council of Economic Advisers projects President Trump's tax plan will boost family take-home pay by $7,800-$13,300 and wages by $6,100-$11,600, increase investment from 4.9% to 7.5%, and create/save 4.2 million jobs, while a failure to extend the 2017 Tax Cuts and Jobs Act could lead to a 22% ta...

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56% Bias Score

Reduced Inequality
nrc.nl
🌐 85% Global Worthiness
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Moody's Downgrade Increases US Borrowing Costs

Moody's downgraded the US credit rating to Aa1 on Monday due to Republican plans for tax cuts, causing long-term Treasury bond rates to surge and increasing borrowing costs for the US government, already facing a high budget deficit and debt.

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40% Bias Score

Reduced Inequality
cincodias.elpais.com
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Moody's Downgrades US Debt Rating to Aa1

Moody's downgraded the US Treasury debt rating to Aa1 from Aaa on Friday, citing concerns about rising public deficits and economic weakening, leading to increased Treasury bond yields and a fall in the dollar.

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40% Bias Score

Reduced Inequality
theguardian.com
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Walmart to Absorb Some Tariffs Amid Trump Pressure

Following President Trump's imposition of tariffs, Walmart initially announced price increases due to inability to absorb all costs; however, Treasury Secretary Scott Bessent claims Walmart CEO Doug McMillon has agreed to absorb some tariffs, contradicting Walmart's prior statement.

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52% Bias Score

Reduced Inequality
nbcnews.com
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Moody's Downgrades US Credit Rating; Treasury Secretary Calls it a Lagging Indicator

Moody's downgraded the U.S. credit rating to Aa1 from Aaa due to rising government debt and interest payments, prompting Treasury Secretary Scott Bessent to call it a lagging indicator and attribute the issue to long-term spending policies, while Walmart plans to absorb some tariff costs.

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48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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US Consumer Confidence Plummets to 50.8 Amid High Interest Rates and Inflation

US consumer confidence fell to its lowest level since July 2022 in May, declining 2.7% to 50.8, a 30% decrease year-to-date, driven by high interest rates and inflation despite recent cooling.

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48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Moody's Downgrade Impacts Treasury Yields, Increases Borrowing Costs

Moody's downgraded the U.S. credit rating to Aa1 from Aaa on Friday, citing rising government debt, impacting Treasury yields and increasing borrowing costs for consumers and businesses; the Republican party's proposed $4.5 trillion tax cut plan is expected to worsen the situation.

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40% Bias Score

Reduced Inequality
forbes.com
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Moody's Downgrade Sends Treasury Yields Soaring, Impacts Tech Sector

Moody's downgraded the U.S. credit rating to Aa1 from Aaa on Friday, citing rising government debt and interest payments; this caused the 30-year Treasury yield to hit 5% and the 10-year yield to reach approximately 4.54%, increasing borrowing costs for the tech sector.

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40% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
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Moody's Downgrades U.S. Credit Rating, Sending Stock Futures Lower

Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising federal deficits projected to reach almost 9% of the U.S. economy by 2035, causing stock futures to decline before Monday's opening bell and the U.S. dollar to weaken.

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40% Bias Score

Reduced Inequality
foxnews.com
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Trump Budget Bill Failure Could Add Millions to Uninsured

Failure to pass President Trump's proposed 2025 budget reconciliation bill could result in 8.2 to 9.2 million more uninsured Americans due to an ensuing recession, increasing the total to approximately 36 million, according to a White House study.

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64% Bias Score

Good Health and Well-being
nbcnews.com
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Moody's Downgrades US Credit Rating; Treasury Secretary Disagrees

Moody's downgraded the U.S. credit rating from Aaa to Aa1 due to rising government debt, prompting Treasury Secretary Bessent to dismiss the assessment as a lagging indicator, while Senator Chris Murphy warned of potential recession and higher interest rates.

Progress

56% Bias Score

Reduced Inequality

Showing 637 to 648 of 1,930 results