Adam Button
Adam Button is an experienced financial news journalist who has led ForexLive for nearly a decade. He previously served as the head of the markets team at the Canadian Economic Press and graduated from Ryerson University. Based in Toronto, he is known for his thorough analysis and timely reporting on economic news, earning him a reputation as a trusted source in the industry.
78%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
95%
Examples:
- The article contradicts the OilPrice.com article by suggesting that oil prices are moving higher, while the OilPrice.com article suggests they may go down.
- The author's interpretation of UPS's reported package delivery numbers as a 'read-through' on the strength of the economy.
Conflicts of Interest
50%
Examples:
No current examples available.
Contradictions
90%
Examples:
- The article contradicts the OilPrice.com article by suggesting that oil prices are moving higher, while the OilPrice.com article suggests they may go down.
Deceptions
90%
Examples:
- The author's interpretation of UPS's reported package delivery numbers as a 'read-through' on the strength of the economy.
- The company reported a 3.2% decline in average daily volumes in its domestic segment and a 5.8% drop in its international segment in the quarter.
- The title suggests a specific risk from the Middle East that is not fully explained or supported in the article.
Recent Articles
UPS Reports Q1 2024 Earnings Decline, Secures $1.7B USPS Contract and Aims for $20B Healthcare Revenue
Broke On: Tuesday, 23 April 2024UPS reported a 5.3% revenue decrease and a 36.5% drop in operating profit for Q1 2024, but remains optimistic about future growth. The company won a $1.7 billion contract with the US Postal Service, making it the largest air cargo provider and replacing FedEx. Federal Reserve Keeps Interest Rates Low Amid High Inflation Concerns: PCE Index to be Watched Closely
Broke On: Sunday, 25 February 2024The US economy is growing, but high inflation remains a concern. The Personal Consumption Expenditures (PCE) index will be closely watched as it's preferred by the Fed as an inflation gauge. Factors Influencing Recent Oil Price Volatility
Broke On: Friday, 27 October 2023Decreased output from major oil-producing countries and increased global energy consumption are driving up oil prices. Rising production and transportation costs could potentially lead to a decrease in oil prices. Geopolitical risks, particularly in the Middle East, are contributing to oil price volatility. Alphabet Q3 Earnings Exceed Expectations, Cloud Business Misses Mark
Broke On: Wednesday, 25 October 2023Alphabet's Q3 revenue was $65.11 billion, a 41% increase year-over-year. Alphabet's net income was $18.9 billion, or $27.99 per share. Google Cloud reported revenue of $4.99 billion, missing Wall Street's estimate of $5.02 billion. Alphabet's stock dropped by 8% following the earnings report. Microsoft's stock rose by 3% after its earnings report.