Latest in Michael Steele hits Trump for attempts to distance from FBI firings: 'Cut the crap'
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U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 6 -
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Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Nippon Steel and US Steel sue after Biden blocks $15bn deal
Donald Trump calls for American steel group to remain independent companyFinancial Times - Jan. 6 -
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The Biden administration blocked the deal over alleged national security concerns.ABC News - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...CBS News - Jan. 6 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
Michael Moss breaks down new FDA rules for "healthy" food labels
Pulitzer Prize-winning journalist Michael Moss explains the FDA's new rules for "healthy" food labels, limits on added sugars, and the push for alcohol warning labels.CBS News - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.CBS News - Jan. 6 -
Biden's decision to block the US Steel sale would have made Harry Truman proud
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.The Hill - Jan. 6 -
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Jaguars fire Doug Pederson: Coach's downfall mirrors his Eagles collapse and exit from years earlier
History repeats itself for the Super Bowl-winning coachCBS Sports - Jan. 6 -
Melania Trump documentary from Brett Ratner to be released by Amazon
Company says film will give an ‘unprecedented behind-the-scenes look’ and ‘truly unique story’. Melania Trump will be the subject of a new documentary directed by Brett Ratner and distributed by ...The Guardian - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
Steel companies are suing the government and a rival over their botched deal.MarketWatch - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
Congress to certify Trump's win and highlights from the Golden Globes: Morning Rundown
Congress is set to certify Trump’s win today. Highlights from Golden Globes 2025, Demi Moore, Nikki Glaser. Winter storm blasts U.S.NBC News - Jan. 6 -
ArcelorMittal's South Africa Business to Wind Down Long-Steel Production
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the company.The Wall Street Journal - Jan. 6 -
Patriots fire Jerod Mayo: Rob Gronkowski blasts New England for cutting ties with head coach after one season
Gronk was clearly shocked about New England's moveCBS Sports - Jan. 6 -
FBI investigates potential associates of New Orleans attacker in US and abroad
Officials say evidence supports theory suspect, 42, carried out deadly attack alone but reveal leads are being pursued. Federal authorities investigating the avowed Islamic State (IS) sympathizer ...The Guardian - Jan. 5 -
China fires shot across Trump's bow with defense sanctions
China’s decision this week to slap several major U.S. defense firms with penalizing trade measures is being viewed as a “shot across the bow” ahead of President-elect Trump’s inauguration. The move ...The Hill - Jan. 5 -
Man behind New Orleans attack visited the city twice before: FBI
The man behind the New Orleans attack visited the city at least twice in the months before the attack, FBI Special Agent in Charge Lyonel Myrthil said in an update on Sunday. Shamsud-Din Jabbar, ...The Hill - Jan. 5 -
Clyburn hopes Johnson will attempt to find 'common ground'
The South Carolina Democrat is eager to see if Johnson's patience with his fellow Republicans will extend across the aisle.Politico - Jan. 5 -
Falcons' Michael Penix Jr. runs, throws for TDs vs. Panthers
It was London's first game with multiple receiving touchdowns.ESPN - Jan. 5 -
FBI probing Bourbon Street attacker's past trips to New Orleans and Cairo
Federal agents investigating the deadly attack say the perpetrator recorded himself riding through the French Quarter on a bicycling using Meta glasses.CBS News - Jan. 5 -
Schiff: ‘Kash Patel should not be confirmed’ to lead the FBI
Sen. Adam Schiff (D-Calif.) says he believes Kash Patel, President-elect Trump’s pick to run the FBI, is unqualified to run the bureau, especially in light of the New Year’s Day terror attack in ...NBC News - Jan. 5 -
Hillary Clinton, Michael J. Fox, among Medal of Freedom recipients
President Joe Biden awarded the Presidential Medal of Freedom to 19 people including former first lady, senator and Secretary of State Hillary Clinton, actor Michael J. Fox and basketball legend ...NBC News - Jan. 5 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Ravens players lose it after 355-pound DT Michael Pierce's INT: 'The most crazy, amazing play in NFL history'
Michael Pierce is the heaviest player to record an interception since at least 2000.Yahoo Sports - Jan. 5