After being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was restored on January 2 and set to the outstanding debt level at that time: $36.1 trillion. In December 2024, ...

Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

Visit americanexpress.com to learn more. Before there was a metal card at virtually every price point, there was the invitation-only American Express Centurion Card (aka the "Amex Black Card ...

Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...

Rise of US Steel Paralleled the Arrival of the United States on the World Stage President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday ...

U.S. Steel had also said it hoped Biden would approve the transaction. Nippon Steel first announced in December 2023 that it planned to purchase U.S. Steel for roughly $15 billion.

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...

President Joe Biden has made good on his months of public opposition to the proposed purchase of American company U.S. Steel by Japan’s Nippon Steel, announcing Friday he is blocking the $14.9 ...

Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel. The companies in a joint statement ...