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Nippon steel s $14 billion bid to acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. Us presidentjoe biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees kamala harris and donald trump have also both committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of nippon steel s bid say the us shouldn t reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. If the deal is successfully blocked, the fate of us steel is unclear. The company warned that it would imperil thousands ofjobs if the deal falls through. It may also close plants and even move its headquarters out of pittsburgh. Meanwhile, vice president kamala harris is propos ....
Nippon steels 14 Billion bid to acquire united States Steel has been caught in the cross hairs of an Election Year and in the crucial Swing State of pennsylvania where Us Steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both committed to keep Us Steel american, though any move to block the deal could potentially be subject to litigation. Proponents ....
Let s turn our attention to us as well and talk about the us jobs data, that s out this friday. Will that have any impact on what the fed decides to do? we know they re meeting in a few weeks. We are looking at potentially the highest risk economic event of the year so far. Because what we have seen so far, august was unprecedented for some global markets volatility and one of the catalysts behind this was concerns that us economic momentum after being very robust and resilient for the past 18 months or so is showing signs that those rocks are falling and the momentum is falling with it. We do expect the fed, the us central bank, to cut interest rate this month but what s concerning is that fed policy makers have had a poker face of not giving too much away until recently. We had a weak economic data release for the monthly jobs report in august and we have also seen a data revision where up to 850,000 jobs were potentially overestimated between april of last year and march of this yea ....
Rachel we begin this hour with a Fox News alert. The idf announcing they have found six dead hostages taken by hamas on October 7 inside of a tunnel in gaza just days ago. Pete sadly, that includes the remains of Hersh Goldbergp if olin who is the fourth american hostage believed to have been killed by hamas. Joey Trey Yingst joins us live from Tel Aviv with more. Reporter hey, guys, good morning. Six of the israeli hostages that were being held by hamas were killed by the group according to the i do df, their bodies recovered this weekend. Its a heartbreaking development for the israeli people who have waited 331 days for them to come home. Three of the hostages were set to be released from gaza during the first humanitarian exc ....
Special edition of hannity. I m jason chaffetz in for sean. Kamala s disastrous interview on cnn. First we take you live to the annual gathering of moms for liberty where former president trump is speaking. Let s listen in for a moment. [ applause ] of heard you talk about your mom in interviews before. She was obviously a very strong woman. Was she hard on you with school? tell us about your mom a little bit. No. She was great. I had a great mother, great father. Very different people. My mother came from scotland and she came over to this country. Are there people from scotland? you know, actually, that s hidden. Do you know that some of the biggest, smartest, most brilliant leaders in business come from scotland and nobody knows it? or at least their parents came from scotland. [ laughter ] scotland did very well in this country, i ll tell you. It s very we have people and i know that one group, they re a very successful group. She came from scotland, great place. She came over jus ....