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Tag: ECONOMY

The logo of Japan's largest steel manufacturer Nippon Steel corporation is displayed in front of the company's head office in Tokyo on January 6, 2025. Japan's Prime Minister Shigeru Ishiba on January 6 called for clarity on why US President Joe Biden blocked a controversial USD 14.9 billion deal for Nippon Steel to buy US Steel. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images)

U.S. Steel And Nippon Sue Biden Over Blocked $14B Deal, Calling It ‘Corrupt and Shameful’

U.S. Steel and Japan’s Nippon Steel sued the U.S. government on Monday in a bid to challenge the Biden administration’s order to block the almost $15 billion deal for the Japanese company to buy the American steelmaker.

Read More U.S. Steel And Nippon Sue Biden Over Blocked $14B Deal, Calling It ‘Corrupt and Shameful’
US President Joe Biden arrives to speak at a reception for new Democratic members of Congress at the State Dining Room of the White House in Washington, DC on January 5, 2025. (Photo by Chris Kleponis / AFP) (Photo by CHRIS KLEPONIS/AFP via Getty Images)

Biden Announces Major Offshore Drilling Ban Across 625M Acres Of Federal Waters Ahead Of Trump Admin.

President Joe Biden announced an executive action on Monday that bans new drilling and further oil and natural gas development on over 625 million acres of U.S. coastal and offshore waters. 

Read More Biden Announces Major Offshore Drilling Ban Across 625M Acres Of Federal Waters Ahead Of Trump Admin.
Canada's Prime Minister Justin Trudeau leaves Parliament Hill after attending a cabinet meeting in Ottawa, Canada on December 20, 2024. Canadian Prime Minister Justin Trudeau on December 20, 2024 shook up his cabinet, changing one-third of his team as political turmoil threatens his leadership and tensions erupt with incoming US president Donald Trump. The reshuffle came at the end of a chaotic week in Ottawa spurred by the surprise resignation of Deputy Prime Minister Chrystia Freeland, who clashed with her boss over Trump's threats to impose sweeping tariffs on Canadian imports. (Photo by Dave Chan / AFP) (Photo by DAVE CHAN/AFP via Getty Images)

Justin Trudeau Announces Resignation As Canadian Prime Minister

Justin Trudeau announced his resignation as the Prime Minister of Canada and as the head of the country’s Liberal Party on Monday during a press conference.

Read More Justin Trudeau Announces Resignation As Canadian Prime Minister
WASHINGTON, DC - DECEMBER 21: U.S. President Joe Biden (R) welcomes President of Ukraine Volodymyr Zelensky to the White House on December 21, 2022 in Washington, DC. Zelensky is meeting with President Biden on his first known trip outside of Ukraine since the Russian invasion began, and the two leaders are expected to discuss continuing military aid. Zelensky will reportedly address a joint meeting of Congress in the evening. (Photo by Drew Angerer/Getty Images)

Outgoing Biden Admin. Announces $2.5B In Military Aid To Ukraine

President Joe Biden announces another two-point-five-billion-dollars in additional military assistance to Ukraine, using his final weeks in office to bolster the country.

Read More Outgoing Biden Admin. Announces $2.5B In Military Aid To Ukraine
A shopper looks at frozen food in an Albertsons supermarket in Seattle, Washington, U.S. December 10, 2024. REUTERS/David Ryder/File Photo

US core capital goods orders rebound as economy eyes strong end to 2024

New orders for key U.S.-manufactured capital goods surged in November, offering more signs that the economy is on solid footing as the year ends.

Read More US core capital goods orders rebound as economy eyes strong end to 2024
(L) ADAM SMITH (1723-1790). Scottish economist. Line engraving by Robert Graves, English, 19th century. / (R) PALM BEACH, FLORIDA - DECEMBER 16: U.S. President-elect Donald Trump speaks at a news conference at Trump's Mar-a-Lago resort on December 16, 2024 in Palm Beach, Florida. In a news conference that went over an hour, Trump announced that SoftBank will invest over $100 billion in projects in the United States including 100,000 artificial intelligence related jobs and then took questions on Syria, Israel, Ukraine, the economy, cabinet picks, and many other topics. (Photo by Andrew Harnik/Getty Images)

Adam Smith, Donald Trump And The Case For Tariffs

By Theodore R. Malloch and Nicholas Capaldi
December 16, 2024

(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)

Read More Adam Smith, Donald Trump And The Case For Tariffs

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
Does President Trump deserve the Nobel Peace Prize?
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