Shares of U.S. Steel tumbled 4.4% after Vice President Kamala Harris told a crowd in Pennsylvania on Monday that she opposed the company's planned sale to Japan's Nippon Steel. The Democratic presidential nominee's comments, which echo President Joe Biden's position, came after Nippon Steel Corp. said last week it would spend an additional $1.3 billion to upgrade facilities in Pennsylvania and Indiana, on top of a previous $1.4 billion commitment. Boeing's contract with the International Association of Machinists is set to expire just before midnight on Sept. 12.
Brazil Economy Soars Past All Forecasts as Bets on Interest Rate Hikes Grow
(Bloomberg) -- Brazil’s economy grew much more than expected in the second quarter, powered by strong consumer spending, raising the prospect of interest rate hikes in the near future.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsGross domestic product expanded 1.4% in the April-June period compared to the first quarter, more than all forecasts in Bloomberg survey that had a 0.9% median esti
Cryptocurrencies Up Tuesday as ETFs See Outflows, Wall Street Awaits Labor Market Data
Cryptocurrencies Up Tuesday as ETFs See Outflows, Wall Street Awaits Labor Market Data
First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises
The latest price moves in crypto markets in context for Sept. 3, 2024.
Ripple Will Soon Add Ethereum Compatible Smart Contracts to XRP Ledger
The contracts will exist on a sidechain built on XRPL, developers said in a Tuesday post.
SEC Commissioner Mark Uyeda Calls for S-1 Form Tailored for Digital Assets
Uyeda said the U.S. agency can work with crypto firms to figure out how to differentiate S-1 forms for digital assets.
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues.
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
Companies can now apply for a license to become token service providers.