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Nov 10 2020
Perspectives Blog
Media Projections Are Not Official Election Results
Since media outlets first started calling swing states such as Pennsylvania and ultimately, projecting Joe Biden the winner of the 2020 presidential race, there’s been a dramatic shift in the country in the last few days.
Celebratory crowds gathered in deep blue major cities, such as San Francisco and Washington DC, where people danced and sang together (inviting a media squabble over
Julie MastrineNov 01 2023
Headline Roundup
Fed Again Leaves Interest Rates Unchanged Amid 'Strong' Growth, 'Elevated' Inflation
The Federal Reserve again decided not to raise interest rates, continuing a pause in its financial moves that aimed to fight inflation by raising borrowing costs.
For Context: In a statement, Fed leaders noted “strong” economic growth, an upgrade from previous descriptions; U.S. GDP grew at a 4.9% annualized rate in the third quarter of 2023, a sharp increase from 2.1% in Q2. However,
Fox Business CNBC ABC News (Online)Sep 18 2019
News
A divided Fed cuts key rate for 2nd time this year
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year while saying it’s prepared to continue doing what it deems necessary to sustain the U.S. economic expansion.
The Fed’s move will reduce its benchmark rate — which influences many consumer and business loans — by an additional quarter-point to a range of 1.75% to 2
Associated PressNov 18 2021
Perspectives Blog
Is Pew’s New Political Typology Quiz Accurate? See How You and AllSides Rate
The latest Political Typology Quiz from Pew Research Center (Center bias) splits Americans into nine distinct political groups, rather than two or three parties. But is it accurate?
The AllSides team frequently uses Pew’s typology quiz, our own Rate Your Bias quiz and other tools to make sure our personal bias ratings are transparent and reflect our current political dispositions. This
AllSides StaffDec 13 2023
Headline Roundup
Federal Reserve Leaves Interest Rates Unchanged, Hints at Future Cuts
The Federal Reserve held interest rates steady at 5.25% to 5.5% and hinted at potential rate cuts in 2024 as economic forecasts improve.
For Context: Interest rates are at a nearly two-decade high as the Federal Reserve works to cool inflation by slowing economic growth. Reports from the past few months indicate the Fed's efforts succeeded in slowing the inflation rate, but it remains
CNN Business Wall Street Journal (News) Fox BusinessMay 20 2022
Headline Roundup
S&P 500 Briefly Falls Into Bear Market Territory
Stocks continued to drop for a seventh consecutive week, briefly driving the S&P 500 index into bear market territory for the first time since early 2020.
The selloff marked a shift from rapid stock market gains during the pandemic and followed a period of market volatility amid persistent high inflation and recent interest rate hikes by the Federal Reserve. Falling stock prices
Forbes Fox Business NBC News (Online)Sep 15 2016
Perspectives Blog
Deplorables?
At a fundraiser Friday night, Hillary Clinton said, "You know, to just be grossly generalistic, you could put half of Trump’s supporters into what I call the ‘basket of deplorables'… Right?The racist, sexist, homophobic, xenophobic, Islamophobic — you name it.” Several days later, this story is still generating strong reactions on both sides. Was her comment unfair and insulting and will it “ John Gable, AllSides Co-founderMay 19 2020
Headline Roundup
Report Says CARES Act Off to Slow Start; Treasury Defends Response
Treasury Secretary Steve Mnuchin is facing scrutiny for his allegedly unneeded deliberation in allocating the $500 billion being managed by the Treasury as part of the $2.2 Trillion CARES Act; a Congressional Oversight Committee (COC) report released Monday suggested the Treasury's actions on the legislation were slow to get off the ground. The $500 billion is meant for emergency lending to
New York Times (News) NPR (Online News) Associated PressOct 07 2020
Headline Roundup
Trump Reverses Course on Stimulus, Urges Congressional Approval
After accusing House Speaker Nancy Pelosi of "not negotiating [a new coronavirus stimulus deal] in good faith" and saying he told aides to stop negotiations, President Donald Trump tweeted late Tuesday that "House & Senate should IMMEDIATELY Approve 25 Billion Dollars for Airline Payroll Support, & 135 Billion Dollars for Paycheck Protection Program for Small Business." The Trump
New York Post (News) Forbes ABC News (Online)Aug 24 2023
Headline Roundup
Nvidia Stock Surges After Earnings Exceed Expectations From AI Demand
Chipmaker Nvidia exceeded earnings expectations as a result of surging computer chip demand for artificial intelligence programs.
Details: In a report released this week, Nvidia posted 101% year-over-year sales growth and $13.5 billion in revenue the previous quarter, beating the $11.2 billion in revenue expected by analysts. The report sparked a spike in Nvidia’s stock Wednesday
Reuters Fox Business CNN Business