Tag: government 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...
An online debate over foreign workers in tech shows tensions in Trump's political coalition
WEST PALM BEACH, Fla. -- An online spat between factions of Donald Trump's supporters over immigration and the tech industry has thrown internal...
The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you
NEW YORK -- The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages...
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...