Jenni Reid

Jenni Reid is a reporter based in CNBC International's London headquarters. She covers a range of breaking news and writes live blogs, spanning markets and business, macroeconomics, politics, culture and sport. Jenni has a knack for delivering timely and insightful reports on the latest developments in the world of finance and economics. Her in-depth knowledge of financial markets, combined with her ability to distill complex information into easily digestible nuggets of information, has made her a sought-after commentator on global economic trends. In addition to her work at CNBC, Jenni has also contributed to various publications and media outlets. She is known for her ability to provide incisive analysis and thoughtful commentary on the latest news and events shaping our world today.

Biography:  https://www.cnbc.com/jenni-reid/

61%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

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

85%

Examples:

  • The author has a tendency to present information in a balanced manner, but there are instances where they lean towards presenting the official or mainstream viewpoint. There is also an occasional emphasis on certain positive aspects of economic indicators and events.
  • The author sometimes provides more detail on negative consequences or contradictions than others in the field, indicating a willingness to challenge official narratives.

Conflicts of Interest

50%

Examples:

  • In some cases, the author may have professional relationships with sources that could influence their reporting.
  • The author sometimes reports on topics or companies that could potentially benefit them financially.
  • There are occasional instances where the author may have a conflict of interest, such as when they report on companies or industries that they or their family members are invested in.

Contradictions

85%

Examples:

  • In some cases, the author presents information in a way that could be misleading by omitting important context or details.
  • The author sometimes presents information in a way that could be misleading, such as when they state that the European Central Bank held interest rates steady and reiterated its commitment to keeping them high for a sufficient duration to bring inflation down to target, implying that the decision was based solely on bringing inflation down when in fact they also cited concerns about cutting rates too soon.
  • There are occasional instances where the author reports conflicting information without acknowledging the contradiction.

Deceptions

40%

Examples:

  • In some cases, the author may use clickbait headlines or teases to attract more readers.
  • The author sometimes relies on sensationalism or exaggeration to grab readers' attention.
  • There are occasional instances where the author uses deceptive practices in their reporting, such as when they present information in a way that could be misleading.

Recent Articles

King Charles III Announces Labour Government's Agenda: Clean Energy, Infrastructure Reforms, and Economic Growth

King Charles III Announces Labour Government's Agenda: Clean Energy, Infrastructure Reforms, and Economic Growth

Broke On: Wednesday, 17 July 2024 In July 2024, King Charles III delivered the State Opening of Parliament, outlining the new Labour government's agenda. Commitments included a clean energy transition, infrastructure reforms, and legislation on artificial intelligence. The Labour party won a landslide majority and proposed policies included nationalizing rail operators and creating a publicly-owned clean power company.
Eurozone Inflation Eases to 2.5% in June: ECB Cautious on Rate Cuts Amid Economic Concerns

Eurozone Inflation Eases to 2.5% in June: ECB Cautious on Rate Cuts Amid Economic Concerns

Broke On: Tuesday, 02 July 2024 Eurozone inflation eased to 2.5% in June, down from 2.6% in May, with Germany reporting a five-month high of 2.4%. The European Central Bank (ECB) remains cautious about making additional interest rate cuts despite concerns over slowing economic growth and low unemployment levels.
Bank of England Maintains Interest Rates at 5.25% as Inflation Drops to Target

Bank of England Maintains Interest Rates at 5.25% as Inflation Drops to Target

Broke On: Wednesday, 19 June 2024 The Bank of England kept interest rates at 5.25% in June, despite inflation dropping to the target rate of 2%, as some members pushed for a cut amid cooling core inflation and easing by the ECB. The decision provides relief from rising mortgage rates and taxes but may not signal an imminent rate reduction due to underlying price pressures.
French Political Uncertainty Drives Significant Downturn in Stock Market: Impact on French and International Companies

French Political Uncertainty Drives Significant Downturn in Stock Market: Impact on French and International Companies

Broke On: Friday, 14 June 2024 France's stock market faces a downturn due to political uncertainty from snap elections and the potential rise of far-right parties, causing French stocks to become least favored in Europe among investors. The unexpected election announcement and the possibility of a National Rally win have resulted in significant declines for the CAC 40 index, increased borrowing costs, and widened spreads between French and German 10-year bond yields. Analysts advise considering defensive sectors amid political uncertainty.
Labour Party's 'Captain Caution' Manifesto: Economic Growth, Social Justice, and Key Promises

Labour Party's 'Captain Caution' Manifesto: Economic Growth, Social Justice, and Key Promises

Broke On: Thursday, 13 June 2024 The Labour Party, led by Sir Keir Starmer, unveiled their 'Captain Caution' manifesto for the upcoming UK election. The 132-page document focuses on economic growth and social justice. Key promises include creating a new energy company, banning new oil licenses, reducing NHS waiting times, renationalizing rail services, raising £7.35bn through tax reforms, building 1.5m homes in England, replacing the House of Lords with a more representative chamber, and implementing constitutional reforms and social rights.
Nigel Farage Announces Five-Year Commitment to Lead Reform UK, Potentially Disrupting Conservative Party's Election Plans

Nigel Farage Announces Five-Year Commitment to Lead Reform UK, Potentially Disrupting Conservative Party's Election Plans

Broke On: Monday, 03 June 2024 Nigel Farage, the Brexit movement leader and former head of the Reform UK party, has announced his candidacy for the upcoming general election on July 4, 2024. His decision to run could boost Reform UK's popularity with its anti-immigration and net zero opposition stance. This development poses a challenge for Prime Minister Rishi Sunak and the Conservative Party as they try to retain right-wing voters or allocate resources towards targeting them.
Eurozone Inflation Hits 2.6% Year-on-Year in May: ECB Anticipated to Cut Rates

Eurozone Inflation Hits 2.6% Year-on-Year in May: ECB Anticipated to Cut Rates

Broke On: Friday, 31 May 2024 The Eurozone's inflation rate rose to 2.6% YoY in May, with core inflation reaching 2.9%. Germany, France, and Spain all reported higher annual inflation rates. The European Central Bank is anticipated to make an interest rate cut at their June 6 meeting due to cooling down overall inflation and patchy economic growth within the Eurozone. Services saw the highest annual rate of inflation at 4.1%, while food, alcohol, and tobacco also experienced a rise.
Ryanair Reports Record Annual Profits Amid Higher Costs and Softer Pricing

Ryanair Reports Record Annual Profits Amid Higher Costs and Softer Pricing

Broke On: Monday, 20 May 2024 Ryanair reports record annual profits of £1.92 billion, up 34%, despite higher costs and weaker pricing in Q1. Serving 184 million passengers, revenue rose 25% to £13.44 billion. The airline announced a £700-million share buyback program.
Bank of England Maintains Interest Rates Amidst Inflation Concerns: Multiple Cuts Expected in Coming Quarters

Bank of England Maintains Interest Rates Amidst Inflation Concerns: Multiple Cuts Expected in Coming Quarters

Broke On: Thursday, 09 May 2024 The Bank of England kept interest rates at 5.25% despite rising inflation concerns and expectations for multiple cuts in the coming quarters. UK inflation was reported at 3.2%, above the BOE's target, with recent stronger-than-expected data exacerbating concerns. Governor Andrew Bailey indicated that decreasing inflation due to tighter financial conditions offers encouragement, but markets now predict 59 basis points of cuts through 2024.
UBS Returns to Profitability with $1.8B Net Income, Global Wealth Management Revenue Surges: Q1 2024 Earnings

UBS Returns to Profitability with $1.8B Net Income, Global Wealth Management Revenue Surges: Q1 2024 Earnings

Broke On: Tuesday, 07 May 2024 UBS reported a profitable Q1 2024 with $1.8 billion net income, driven by a 28% revenue increase in Global Wealth Management to $6.14 billion and net new assets of $27.4 billion. Despite this, UBS continues merger plans with Credit Suisse, aiming for Q3 2024 completion and a CET1 ratio of 14.8%. Other companies like Saudi Aramco, BP, Infineon Technologies AG, AB InBev and BMW also reported earnings this week.