The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic manufacturing. Source link
Category: Business
Business News
Jerome Powell Suggests Fed Will Soon Cut Interest Rates in Jackson Hole Speech
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at […]
Why ‘Black Swan,’ ‘Jaws’ and ‘Clue’ Are Coming Back to Theaters
The multiplex is awash in titles that are 15, 20, even 60 years old. Nostalgia is a factor but economics play a big part, too. […]
Jay Powell Takes Center Stage with Friday’s Jackson Hole Address
The Fed chief is expected to address inflation, interest rates and the economy in his speech on Friday. Will he also confront President Trump’s attacks […]
Nvidia’s Jensen Huang in Talks With China to Allay Security Fears Over A.I. Chips
Jensen Huang said he was “surprised” by questions about his company’s chips, given China’s eagerness to acquire them for advanced A.I systems. Source link
Podcasting Is a Talent Business. SiriusXM Is Intent on Winning.
The company famous for car radio and Howard Stern has recently climbed the podcast charts by betting hundreds of millions of dollars on shows like […]
How Long Can This Uncanny Stock Market Prosper?
The U.S. market is top-heavy, with Nvidia occupying a bigger weight than any company in modern history. Risks abound, our columnist says. Source link
Trump’s Attacks on the Fed and BLS Threaten Key Source of Economic Strength
The president’s efforts to control the Federal Reserve and Bureau of Labor Statistics carry risks. But collectively, the moves could be even more damaging, economists […]
Trump’s Attacks on Fed Overshadow a Critical Moment for Central Bank
The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world […]
Facing a ‘Reading Crisis,’ Denmark Wants to Make Books Cheaper
The Danish government announced this week that it planned to make books exempt from a 25 percent value-added tax. Source link