Canada's Unexpected Job Boom Fuels Debate on Interest Rates
Canada's economy added 91,000 jobs in December 2016, exceeding expectations significantly, lowering the unemployment rate to 6.7 percent and sparking debate about the Bank of Canada's interest rate policy amidst concerns about U.S. tariffs and a potentially weakening Canadian dollar.
Canada's Unexpected Job Boom Fuels Debate on Interest Rates
Canada's economy added 91,000 jobs in December 2016, exceeding expectations significantly, lowering the unemployment rate to 6.7 percent and sparking debate about the Bank of Canada's interest rate policy amidst concerns about U.S. tariffs and a potentially weakening Canadian dollar.
Progress
40% Bias Score
Conflicting Credit Reporting Changes Impact Millions of Americans
The CFPB will remove \$49 billion in medical debt from credit reports, impacting 15 million people, while protections ending for millions of federal student loan borrowers will result in negative credit reporting.
Conflicting Credit Reporting Changes Impact Millions of Americans
The CFPB will remove \$49 billion in medical debt from credit reports, impacting 15 million people, while protections ending for millions of federal student loan borrowers will result in negative credit reporting.
Progress
48% Bias Score
Inflation Fears Trigger Stock Market Sell-Off
Worries about inflation are causing a stock market sell-off, with the Dow down over 500 points on Friday and the 10-year Treasury yield spiking above 4.7%; next week's inflation data will be key.
Inflation Fears Trigger Stock Market Sell-Off
Worries about inflation are causing a stock market sell-off, with the Dow down over 500 points on Friday and the 10-year Treasury yield spiking above 4.7%; next week's inflation data will be key.
Progress
60% Bias Score
Lili Wins Top Ranking for Best SMB Banking App
Lili, a U.S. fintech startup, won Tearsheet's top ranking for best SMB banking app, offering a free, all-in-one platform with AI-powered tools to over 600,000 U.S. business owners, simplifying financial management.
Lili Wins Top Ranking for Best SMB Banking App
Lili, a U.S. fintech startup, won Tearsheet's top ranking for best SMB banking app, offering a free, all-in-one platform with AI-powered tools to over 600,000 U.S. business owners, simplifying financial management.
Progress
60% Bias Score
Port Operators and Union Avert Strike with New Contract
East and Gulf Coast port operators and the International Longshoremen's Association (ILA) reached a tentative agreement on a new six-year contract on Wednesday evening, averting a strike set for January 15, resolving a labor dispute that threatened to halt shipments for a second time in three months...
Port Operators and Union Avert Strike with New Contract
East and Gulf Coast port operators and the International Longshoremen's Association (ILA) reached a tentative agreement on a new six-year contract on Wednesday evening, averting a strike set for January 15, resolving a labor dispute that threatened to halt shipments for a second time in three months...
Progress
44% Bias Score
Fed Revises Inflation Target Timeline Due to Higher-Than-Expected Readings
The Federal Reserve's December meeting minutes indicate that returning inflation to its 2% target will take longer than anticipated due to higher-than-expected recent inflation readings and potential policy changes, leading to a slower pace of interest rate cuts.
Fed Revises Inflation Target Timeline Due to Higher-Than-Expected Readings
The Federal Reserve's December meeting minutes indicate that returning inflation to its 2% target will take longer than anticipated due to higher-than-expected recent inflation readings and potential policy changes, leading to a slower pace of interest rate cuts.
Progress
28% Bias Score
U.S. Job Growth Accelerates, Defying Expectations and Potentially Halting Fed Rate Cuts
The U.S. added 256,000 jobs in December, exceeding expectations and lowering unemployment to 4.1%, leading to speculation that the Federal Reserve will maintain interest rates; this follows concerns about potential inflation under the incoming Trump administration.
U.S. Job Growth Accelerates, Defying Expectations and Potentially Halting Fed Rate Cuts
The U.S. added 256,000 jobs in December, exceeding expectations and lowering unemployment to 4.1%, leading to speculation that the Federal Reserve will maintain interest rates; this follows concerns about potential inflation under the incoming Trump administration.
Progress
40% Bias Score
Strong December Jobs Report Dashes Hopes for January Fed Rate Cut
The December 2024 U.S. jobs report revealed a 256,000 net increase in non-farm payrolls, lowering the unemployment rate to 4.1% and significantly reducing the likelihood of a Federal Reserve interest rate cut in January 2025 due to elevated inflation and a strong labor market.
Strong December Jobs Report Dashes Hopes for January Fed Rate Cut
The December 2024 U.S. jobs report revealed a 256,000 net increase in non-farm payrolls, lowering the unemployment rate to 4.1% and significantly reducing the likelihood of a Federal Reserve interest rate cut in January 2025 due to elevated inflation and a strong labor market.
Progress
52% Bias Score
Constellation to Acquire Calpine in $16.4 Billion US Power Industry Deal
Constellation Energy is buying Calpine Corporation for $16.4 billion (or $26.6 billion including debt), creating the largest independent US power provider amid surging electricity demand driven by AI data centers and electric transportation.
Constellation to Acquire Calpine in $16.4 Billion US Power Industry Deal
Constellation Energy is buying Calpine Corporation for $16.4 billion (or $26.6 billion including debt), creating the largest independent US power provider amid surging electricity demand driven by AI data centers and electric transportation.
Progress
60% Bias Score
Dockworker Agreement Averts Potential East Coast and Gulf Coast Strike
East Coast and Gulf Coast dockworkers averted a potential strike by reaching a tentative agreement with the United States Maritime Alliance on Tuesday, addressing concerns over automation and preventing a larger economic impact compared to the three-day strike in October 2024.
Dockworker Agreement Averts Potential East Coast and Gulf Coast Strike
East Coast and Gulf Coast dockworkers averted a potential strike by reaching a tentative agreement with the United States Maritime Alliance on Tuesday, addressing concerns over automation and preventing a larger economic impact compared to the three-day strike in October 2024.
Progress
40% Bias Score
ILA, USMX Reach Tentative Six-Year Contract, Averting Strike
The International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) reached a tentative six-year contract on January 15, 2025, averting a strike, with key compromises on automation and technology implementation while preserving jobs, pending ratification votes.
ILA, USMX Reach Tentative Six-Year Contract, Averting Strike
The International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) reached a tentative six-year contract on January 15, 2025, averting a strike, with key compromises on automation and technology implementation while preserving jobs, pending ratification votes.
Progress
48% Bias Score
Fed Officials Voice Inflation Concerns Amidst Rising Interest Rates
Federal Reserve officials voiced concerns about President-elect Trump's policies potentially hindering their efforts to lower inflation to 2%; investors now predict higher interest rates persisting into 2025, causing a rise in the 10-year Treasury note yield to 4.7% and the average 30-year mortgage ...
Fed Officials Voice Inflation Concerns Amidst Rising Interest Rates
Federal Reserve officials voiced concerns about President-elect Trump's policies potentially hindering their efforts to lower inflation to 2%; investors now predict higher interest rates persisting into 2025, causing a rise in the 10-year Treasury note yield to 4.7% and the average 30-year mortgage ...
Progress
44% Bias Score