Economy

Biden admin pushes back against WTO rejection of Trump steel, aluminum tariffs

Biden admin pushes back against WTO rejection of Trump steel, aluminum tariffs

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Cleveland-Cliffs CEO Lourenco Goncalves discusses the company’s results and outlines his outlook for the steel industry in “The Claman Countdown.” The World Trade Organization (WTO) has rejected 2018 tariffs put in place by then-President Donald Trump on foreign steel and aluminum in a decision on Friday that sparked a push back. Biden administration. Trump imposed …

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Inflation data, Fed meeting will set the stage for 2023: what to know this week

Inflation data, Fed meeting will set the stage for 2023: what to know this week

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A highly anticipated inflation reading and the Federal Reserve’s final policy decision of the year will serve as highlights in what is expected to be the last week of major economic news in 2022. On Tuesday, the closely watched consumer price index (CPI) for November could predict how far rates could rise in the year …

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Freight rail service is terrible, even without the threat of a strike | CNN Business

Freight rail service is terrible, even without the threat of a strike | CNN Business

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New York CNN — The failure of a freight railroad strike to begin on Friday is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and …

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Eurozone central bank losses risk bailouts and more political pressure

Eurozone central bank losses risk bailouts and more political pressure

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When a company tells its shareholders that it expects to suffer 9 billion euros in losses over the next five years, which will more than wipe out all its provisions and equity, it would usually trigger a crisis. existential. The normal rules do not seem to apply to the Belgian central bank. The National Bank …

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Stress from cost-of-living crisis hurts worker performance, survey finds

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In the UK, workers are so worried about the cost of living crisis that it is affecting their performance at work, with two-thirds of managers reporting issues such as rising absenteeism and lack of engagement among stressed staff. In a Chartered Management Institute (CMI) survey of more than 1,000 managers and team leaders, 71% said …

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The Fed will raise rates again. But that's playing with fire | CNN Business

The Fed will raise rates again. But that’s playing with fire | CNN Business

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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve is almost certain to announce on Wednesday that it will raise interest rates again. But investors are hoping it will be a smaller increase than the …

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The Fed will raise rates again. But that's playing with fire | CNN Business

The Fed will raise rates again. But that’s playing with fire | CNN Business

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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve is almost certain to announce on Wednesday that it will raise interest rates again. But investors are hoping it will be a smaller increase than the …

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Here's how to build a brand new home in 23 steps

Here’s how to build a brand new home in 23 steps

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Redfin CEO Glenn Kelman joins ‘Cavuto: Coast to Coast’ to discuss the state of the housing market after sales of existing homes fell for a ninth consecutive month in October. Editor’s Note: Richard “Monty” Montgomery writes a real estate advice column for Creators Syndicate. He is the author of “Money from Home: An Insider’s Secrets …

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The signs are clear. Our fate belongs to Europe, not to some fantasy ‘world sovereign Britain’ | Pierre Hain

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It is now official. Brexit has done lasting damage to Britain’s economy and, with the Tories in denial, Labor must lead the way with a new political agenda. Yet it’s almost a taboo subject: the Conservative government won’t admit it and Labor is understandably reluctant to rekindle the old Brexit flames. The Governor of the …

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