Tag: Economic policy
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
BANGKOK -- U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t...
Earnings growth uncertain as inflation and policy shifts weigh on corporate outlook
NEW YORK -- Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025.Companies still face...
Canadian Cabinet ministers meet with Trump's nominee for commerce secretary in bid to avoid tariffs
TORONTO -- Two Canadian Cabinet ministers left a meeting at Mar-a-Lago on Friday without assurances President-elect Donald Trump will back away from threatened...
Stock market today: Wall Street ends little changed after giving up a big morning gain
NEW YORK -- An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The...
US economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
WASHINGTON -- The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an...
Biden establishes a national monument for Frances Perkins, the 1st female Cabinet secretary
WASHINGTON -- President Joe Biden on Monday established a national monument honoring the late FDR-era Labor Secretary Frances Perkins, the first woman to...