Latest in Says U.s Economy
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Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - 1d -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - 1d -
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...CBS News - 1d -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - 1d -
Cold Snap to Grip Much of the U.S., Followed by Winter Storms
The Arctic air arrives this weekend and could linger into mid-January.The New York Times - 1d -
Pulisic return gives U.S. big presence in Super Cup
United States attacker Christian Pulisic appears to be healthy again following injuries to his calf and ankle and could return for AC Milan against Juventus in the Italian Super Cup semifinals on ...ESPN - 1d -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - 1d -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - 2d -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - 2d -
Jimmy Carter's body will lie in state at U.S. Capitol
Memorial services honoring former President Jimmy Carter begin this weekend. His body will lie in state at the U.S. Capitol starting Tuesday following a public viewing in Atlanta, Georgia. CBS ...CBS News - 2d -
Driver in Las Vegas Cybertruck explosion identified as U.S. Army soldier, officials say
Authorities say the body found inside the Cybertruck that exploded in Las Vegas was burned beyond recognition the coroner made a positive identification, and the military ID and passport recovered ...CBS News - 2d -
Arctic blast set to bring snow, cold temps to U.S.
More than a foot of lake effect snow has piled up in parts of the Great Lakes region, and there's more to come. An arctic blast is set to bring freezing temperatures and snow across the U.S. Rob ...CBS News - 2d -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - 2d -
Broccoli sold by Walmart in 20 U.S. states recalled over listeria risk
Broccoli florets from California grower and sold at more than 1,000 Walmart stores are recalled because they could contain listeria.CBS News - 2d -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - 2d -
Here’s the Reason U.S. Auto Sales Could Accelerate in 2025
Reduced inventories of cars amid enduring supply chain limitations are finally expanding again, lowering prices for buyers, and fueling sales growth for dealers.Inc. - 2d -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - 2d -
How the Threat of Another Costly U.S. Port Strike Returned in 2025
Just three months after an October contract agreement, lingering conflicts between longshoremen and U.S. port operators mean a potentially disastrous strike could still happen.Inc. - 2d -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - 2d -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - 2d -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - 3d -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - 3d -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - 3d -
Much of the U.S. bracing for a big blast of winter — and serious cold
A blast of Arctic air will send temperatures dropping across the eastern United States this week — and the frigid conditions could linger longer and expose millions to a prolonged and dangerous ...NBC News - 3d -
The attack was the deadliest in the U.S. in more than a year.
Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.The New York Times - 3d -
U.S. beats Canada, wins group at world juniors
The U.S. scored a 4-1 victory over Canada to take the top spot in Group A at the world junior hockey championship on Tuesday.ESPN - 3d -
Xander Schauffele says U.S. Ryder Cup pay is going to charity and 'we're going to take crap'
The PGA of America voted last month to give the 12 players and captain Keegan Bradley $300,000 to donate to a charity of their choice and a $200,000 stipend.Yahoo Sports - 3d -
FBI disrupts alleged plot against pro-Israel U.S. group
Authorities said the Florida man arrested in the alleged plot had three firearms, including an AR-style rifle, with him when law enforcement stopped the vehicle he was in.CBS News - 3d -
Trump Says He Plans to Attend Carter’s Funeral
In wide-ranging remarks at a New Year’s Eve party at Mar-a-Lago, the president-elect also predicted that Mike Johnson would secure enough votes to be re-elected as House speaker.The New York Times - 4d -
Experts from U.S. join South Korea plane crash probe
Experts from the National Transportation Safety Board, Federal Aviation Administration and Boeing joined the probe into the South Korea plane crash that killed all but two of the 181 people on ...CBS News - 4d
