United States Steel Corp. Big has agreed to acquire the remaining .10.1% stake in Big River Steel LLC for 74 million, giving the steelmaker ownership of one of the country’s newest, most advanced steel mills. Osola, Arch of the Big River. Owned by Mills, US Steel rivals Newcore Corp., one …
Read More »Unemployment claims from the United States continue a slow but steady decline at the end of June, falling to 1.43 million
The numbers: New claims for traditional unemployment benefits continued a slow and steady decline in late June, moving in the right direction, but at a slow pace showing that the labor market is still struggling to recover after the biggest wave of layoffs in the United States history. Initial jobless …
Read More »Unemployment claims fall to 1.48 million, but slow decline indicates hectic economic recovery
The numbers: New claims for traditional unemployment benefits fell slightly last week to 1.48 million, but remain stubbornly high three months after the start of the coronavirus pandemic, signaling that an incipient economic recovery is likely to be uneven. Initial jobless claims, a rough measure of layoffs, declined in the …
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