Firms reported boosting hiring, supporting the Federal Reserve’s cautious approach to cutting interest rates this year.
Read More US business activity at nine-month low in January; hiring acceleratesTag: supply chains
Jake Sullivan Claims That America Is ‘Better Off’ And ‘Safer’ Under Biden’s Administration
National Security advisor Jake Sullivan recently claimed that America is “safer” and “better off” than it was when Donald Trump was in office.
Read More Jake Sullivan Claims That America Is ‘Better Off’ And ‘Safer’ Under Biden’s AdministrationSecond US port strike averted as union, employers reach deal
The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers said they reached a tentative deal on a new six-year contract.
Read More Second US port strike averted as union, employers reach dealU.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’Biden Vows To Block U.S. Steel Sale To Japan’s Nippon Steel
President Joe Biden announced Friday that he would block the sale of U.S. Steel to Japanese-owned Nippon Steel after a yearlong review of the possible acquisition.
Read More Biden Vows To Block U.S. Steel Sale To Japan’s Nippon SteelReport: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
Read More Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed