Union, officials vow to fight closure of Granite City steel plant | Local Business

Katie Kull, Austin Huguelet GRANITE CITY – Union officials and regional leaders on Wednesday promised to fight the closure of a century-old steel plant here, in the crosshairs of a company shifting gears. The plant’s owner, Pittsburgh-based US Steel Corp., said this week it is working on plans to sell key parts of Granite City … Read more

Granite City steel set to lose 1,000 jobs as US Steel shifts gears | Local Business

GRANITE CITY – Nearly 1,000 jobs could soon be in jeopardy at the century-old steelmaking plant here. The plant’s owner, Pittsburgh-based US Steel Corp., announced late Tuesday that it is considering a deal with Chicago-based SunCoke Energy to repurpose blast furnaces at Granite City Works over the next two years. If the deal goes through, … Read more

California tax relief: What’s in the tentative deal | News

Gov. Gavin Newsom and legislative leaders have reached a tentative agreement to provide as much as $ 1,050 to millions of California families to help with rising gas prices and inflation, according to emails sent last week to Democratic members of the state Senate and Assembly. The three-tier program would benefit an estimated 17.4 million … Read more

You’ll Know the Bear Market Is Nearing an End When Anxious Investors Push the ‘Panic’ Button

Text size SNEEZE This article originally appeared on MarketWatch. The end of the bear market is not close. That’s according to a contrarian analysis of stock market sentiment: The US stock market has not yet experienced the extreme pessimism seen at major bottoms. It may certainly feel like there’s plenty of pessimism and despair on … Read more

Cryptocurrencies Are Down, But Don’t Count Them Out

Updated June 24, 2022 9:27 pm ET / Original June 24, 2022 9:15 pm ET Order Reprints Print Article Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Crypto Endgame Isn’t Near Paulsen’s Perspective The Leuthold GroupJune 24: Cryptocurrencies have long been … Read more

Stocks Break Out. Will Recent Market Declines Restrain the Fed?

Text size A copper smelter in Jinhua, China. Copper prices, often a signal of where the economy is headed, fell 6% this past week. Top Photo / Sipa USA / Alamy The stock market has predicted nine of the past five recessions, economist Paul Samuelson famously quipped back in the 1960s. A half-century later, is … Read more

Dubuque looks to other options after American Airlines announces departure | Dubuque

Dubuque looks to other options after American Airlines announces departure | Dubuque | kwwl.com We recognize you are attempting to access this website from a country belonging to the European Economic Area (EEA) including the EU which enforces the General Data Protection Regulation (GDPR) and therefore access cannot be granted at this time. For any … Read more

Sellers Are Already Lowering Home Prices In These Cities

Photo: Andy Dean Photography (Shutterstock) As inflation and interest rates rise in tandem, the price of homes in certain United States cities began to fall — or at least level off. According to Redfin Real Estate News, an increasing number of home sellers began lowering their asking prices this month, signaling a cooling in the … Read more

Melbourne is Australia’s most liveable city, but other state capitals have tumbled down the list

Australian cities have tumbled down the global liveability rankings, thanks largely to the wave of COVID-19 infections and lockdowns during 2021. Key points: Vienna has been ranked first in the EIU’s Global Liveability Index, ahead of Copenhagen and Zurich Melbourne is the highest-ranked Australian city, tied with Osaka, in 10th place The EIU says Australian … Read more

The 7 Worst Housing Markets in America, According to Lennar

Text size Rising mortgage rates are dragging on the housing market. Justin Sullivan / Getty Images Jersey and Florida are hot. Housing in Austin and Seattle is not, according to the co-CEO of the US’s second-largest home builder. Lennar (tickers: LEN, LEN. B) noted a slowdown nationally in housing on its earnings conference call Tuesday, … Read more