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WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA's most storied steel company. The proposed deal kicked up an election year political maelstrom across America's industrial heartland and blocking it drew a threat of litigation from Nippon Steel. "We need major U.S. companies representing the major share of US steelmaking capacity to kee...
FORT WORTH, Texas (AP) — Faith in the U.S. dollar has often hinged in part on what Treasury Secretary Janet Yellen says. On Thursday, the focus will be on what she writes, as the government churns out its first currency bearing her signature. Yellen loops her capital "J" and "Y," with the rest of her name flowing in a haste that suggests handwriting might not have been the top priority for this pathbreaking economist. She made her reputation as a stoic chair of the Federal Reserve and a shrewd forecaster, and now she's at the forefront of far-f...
