Nippon Steel says US Steel acquisition wouldn't cause layoffs, plant closures
Nippon Steel said that its planned acquisition of U.S. Steel for nearly $15 billion wouldn't cause layoffs or plant closures amid resistance from the Biden administration and unions.
Biden voices opposition to US Steel's sale to Japanese firm
President Biden issued a statement Thursday saying he is opposed to U.S. Steel being purchased by a foreign entity, as the federal government reviews its planned sale to a Japanese firm.
'She hates politics': Rove calls out theorists who see Michelle Obama replacing Biden
Fox News contributor Karl Rove, a former top member of then-President George W. Bush's administration, sounded off on Michelle Obama's political prospects.
US Steel announces plans to lay off hundreds at southern Illinois mill
Up to 1,000 jobs are on the chopping block for U.S. Steel Corporation's Granite City Works mill in southern Illinois, the company announced this week.
Layoffs, work stoppages mount in UAW strike against Big Three
The United Auto Workers union's strike against Ford, General Motors and Stellantis has caused work stoppages and layoffs at some of the automakers' facilities and their suppliers.
Yield curve pioneer warns Fed not to raise rates, predicts possible recession in 2024
Duke University's Campbell Harvey said it would be unwise for the Federal Reserve to raise rates in November, citing current economic figures and conditions.
Senator JD Vance calls on US Steel to refuse buyout bids from foreign entities
Ohio GOP Senator JD Vance sent a letter to U.S. Steel calling on the storied American company to reject any buyout offers from foreign entities.
Joe Manchin 'hasn't closed' door on primarying Biden in 2024
Sen. Joe Manchin III, D-West Virginia, sounded off on "Kudlow," when he was asked about potentially primarying President Joe Biden.
US Steel building $3B mill in Arkansas
U.S. Steel Corporation has announced it will spend $3 billion to build a new mill in Osceola, Arkansas that is expected to create at least 900 full-time direct and indirect jobs with annual average wages of at least $100,000.
High steel prices have manufacturers scrounging for supplies
Manufacturers are facing the highest steel and aluminum prices in years, another hurdle for U.S. companies already struggling to make enough cars, cans, and other products.