December US Job Growth Slows, Wages Ease
US private sector job growth unexpectedly slowed to 122,000 in December, the lowest since August, while annual wage growth fell to 4.6 percent, its slowest pace in nearly 3.5 years; however, unemployment claims remain low at 201,000.
December US Job Growth Slows, Wages Ease
US private sector job growth unexpectedly slowed to 122,000 in December, the lowest since August, while annual wage growth fell to 4.6 percent, its slowest pace in nearly 3.5 years; however, unemployment claims remain low at 201,000.
Progress
32% Bias Score
U.S. Jobless Claims Hit Near-Year Low Amidst Cooling Job Growth
U.S. jobless claims fell to a near-year low of 201,000 for the week ending January 4, reflecting a healthy labor market despite slowing job growth and persistent inflation concerns; the four-week average fell to 213,000, while the number of people receiving benefits rose to 1.87 million.
U.S. Jobless Claims Hit Near-Year Low Amidst Cooling Job Growth
U.S. jobless claims fell to a near-year low of 201,000 for the week ending January 4, reflecting a healthy labor market despite slowing job growth and persistent inflation concerns; the four-week average fell to 213,000, while the number of people receiving benefits rose to 1.87 million.
Progress
36% Bias Score
U.S. Services Industry Growth Fueled by Tariff Worries
The U.S. services industry saw a significant increase in activity in December (54.1%), but also a sharp rise in prices (64.4%) due to tariff concerns, impacting the Federal Reserve's monetary policy decisions.
U.S. Services Industry Growth Fueled by Tariff Worries
The U.S. services industry saw a significant increase in activity in December (54.1%), but also a sharp rise in prices (64.4%) due to tariff concerns, impacting the Federal Reserve's monetary policy decisions.
Progress
40% Bias Score
Trump Appoints Wall Street Veterans to Key Economic Roles
President-elect Donald Trump appointed Howard Lutnick as Secretary of Commerce and Scott Bessent as Secretary of the Treasury; both are highly successful investors with extensive business experience, but their success depends on their ability to influence President Trump's economic policies amid glo...
Trump Appoints Wall Street Veterans to Key Economic Roles
President-elect Donald Trump appointed Howard Lutnick as Secretary of Commerce and Scott Bessent as Secretary of the Treasury; both are highly successful investors with extensive business experience, but their success depends on their ability to influence President Trump's economic policies amid glo...
Progress
52% Bias Score
Bitcoin Surges Past \$100,000 Amidst U.S. Reserve Speculation
Bitcoin's price exceeded \$100,000 due to speculation about Elon Musk and a potential U.S. bitcoin reserve; analysts predict a \$225,000 price by 2025 based on factors like a favorable regulatory environment and institutional adoption, while others remain skeptical.
Bitcoin Surges Past \$100,000 Amidst U.S. Reserve Speculation
Bitcoin's price exceeded \$100,000 due to speculation about Elon Musk and a potential U.S. bitcoin reserve; analysts predict a \$225,000 price by 2025 based on factors like a favorable regulatory environment and institutional adoption, while others remain skeptical.
Progress
56% Bias Score
Former UN Official Warns of Negative Global Impacts from Potential US Protectionist Policies
A former UN official warns that new US protectionist policies could harm global trade, disrupt supply chains, raise consumer prices, and increase global tensions, hindering efforts to address pressing global challenges such as climate change.
Former UN Official Warns of Negative Global Impacts from Potential US Protectionist Policies
A former UN official warns that new US protectionist policies could harm global trade, disrupt supply chains, raise consumer prices, and increase global tensions, hindering efforts to address pressing global challenges such as climate change.
Progress
44% Bias Score
Mortgage Rates Hit Highest Point Since July 2024, Causing Application Volume to Plummet
Mortgage application volume fell 3.7% last week due to a fourth consecutive weekly rise in rates, reaching 6.99% for a 30-year fixed-rate mortgage—the highest since July 2024; purchase applications dropped 7% weekly and 15% yearly, while refinance applications rose 2% weekly but fell 6% yearly.
Mortgage Rates Hit Highest Point Since July 2024, Causing Application Volume to Plummet
Mortgage application volume fell 3.7% last week due to a fourth consecutive weekly rise in rates, reaching 6.99% for a 30-year fixed-rate mortgage—the highest since July 2024; purchase applications dropped 7% weekly and 15% yearly, while refinance applications rose 2% weekly but fell 6% yearly.
Progress
36% Bias Score
DAMAC to Invest \$20 Billion in US Data Centers
Dubai's DAMAC Properties will invest at least \$20 billion in U.S. data centers across Texas, Arizona, Oklahoma, Ohio, Illinois, Louisiana, Michigan, and Indiana, a decision the company says was influenced by President-elect Trump's win.
DAMAC to Invest \$20 Billion in US Data Centers
Dubai's DAMAC Properties will invest at least \$20 billion in U.S. data centers across Texas, Arizona, Oklahoma, Ohio, Illinois, Louisiana, Michigan, and Indiana, a decision the company says was influenced by President-elect Trump's win.
Progress
68% Bias Score
Trump's Advisors Weigh Universal Tariffs Amidst Internal Divisions
President-elect Donald Trump is pushing for universal tariffs on foreign imports, with advisors exploring a 10% tariff on all imports and a 60% tariff on Chinese goods, although adjustments are under consideration due to political and economic realities; internal divisions exist among his advisors o...
Trump's Advisors Weigh Universal Tariffs Amidst Internal Divisions
President-elect Donald Trump is pushing for universal tariffs on foreign imports, with advisors exploring a 10% tariff on all imports and a 60% tariff on Chinese goods, although adjustments are under consideration due to political and economic realities; internal divisions exist among his advisors o...
Progress
40% Bias Score
21 States Raise Minimum Wage in 2024
Twenty-one states raised their minimum wage on January 1, 2024, impacting over 9.2 million workers, with increases ranging from $10.55 to $16.66 per hour, reflecting a trend of states independently raising wages while the federal minimum remains at $7.25 since 2009.
21 States Raise Minimum Wage in 2024
Twenty-one states raised their minimum wage on January 1, 2024, impacting over 9.2 million workers, with increases ranging from $10.55 to $16.66 per hour, reflecting a trend of states independently raising wages while the federal minimum remains at $7.25 since 2009.
Progress
40% Bias Score
Barr Resigns from Federal Reserve, Avoiding Potential Trump Conflict
Federal Reserve Vice Chair for Supervision Michael Barr resigned on February 28, 2024, to avoid a potential conflict with President-elect Trump; bank stocks rallied on the news, and the Fed will delay major regulatory decisions until a successor is appointed.
Barr Resigns from Federal Reserve, Avoiding Potential Trump Conflict
Federal Reserve Vice Chair for Supervision Michael Barr resigned on February 28, 2024, to avoid a potential conflict with President-elect Trump; bank stocks rallied on the news, and the Fed will delay major regulatory decisions until a successor is appointed.
Progress
44% Bias Score
Top Analyst Picks: 3 Dividend Stocks for 2025
Top Wall Street analysts recommend Ares Capital (ARCC), ConocoPhillips (COP), and Darden Restaurants (DRI) as dividend stocks for 2025, citing strong fundamentals and growth potential despite macro uncertainty; recommendations are based on financial performance, operational strengths, and positive f...
Top Analyst Picks: 3 Dividend Stocks for 2025
Top Wall Street analysts recommend Ares Capital (ARCC), ConocoPhillips (COP), and Darden Restaurants (DRI) as dividend stocks for 2025, citing strong fundamentals and growth potential despite macro uncertainty; recommendations are based on financial performance, operational strengths, and positive f...
Progress
44% Bias Score