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- Reuters Videos
Where does the US get its steel and aluminum from?
STORY: With President Donald Trump targeting steel and aluminum, here's a breakdown of where the U.S. gets those metals.:: Steel Roughly a quarter of all steel in the U.S. is imported from neighbors Mexico and Canada or overseas allies like Japan, Germany and South Korea. Canada and Mexico accounted for almost 40% of U.S. steel imports in 2024.6.6 million net tons of steel mill products were imported from Canada and 3.5 million came from Mexico, according to U.S. Census Bureau data via the American Iron and Steel Institute. Brazil was the second-largest source of steel imports to the U.S. last year.:: Shanghai, ChinaWhile China is the world’s largest steel producer and exporter, very little of that is sent to the U.S.Most Chinese steel was shut out of the market when 25% tariffs were imposed in 2018. :: Aluminum Roughly half of all aluminum used in the U.S. is imported, with the vast majority coming from Canada. At 3.2 million metric tons last year, Canadian imports were twice the next nine countries combined, according to the U.S. Department of Commerce. The next largest sources of imports are the United Arab Emirates at around 347,000 metric tons and China at around 223,000 metric tons.The U.S. aluminum smelting industry is small by global standards. Total smelter capacity in the country was just 1.7% of the global total, according to the U.S. geological survey.
- CBC
As more people buy Canadian, these farmers are reaping the benefits
The threat of a trade war between Canada and the United States has prompted a "buy Canadian" movement, one that local farmers say is growing their business more than ever.On Feb. 3, U.S. President Donald Trump put a 30-day pause on his promise of a widespread tariff on Canadian imports, halting counter-tariffs and temporarily stopping the threat of price increases to Canadians already feeling the pinch on their grocery bills. But U.S. tariffs are still a possibility in the near future, and many
- SmartAsset
Ask an Advisor: I'm 63 and Don't Have a Nest Egg. What Are My Options for Retirement?
I'm 63 and have zero retirement, just Social Security benefits. How can I begin saving? And where can I begin investing this late in the game? -Rita Saving for retirement is certainly easier and has a greater impact on you … Continue reading → The post Ask an Advisor: I'm 63, Have No Retirement Savings and Will Rely on Social Security. How Do I Begin Saving? Is It Too Late to Start Investing ‘This Late in the Game'? appeared first on SmartAsset Blog.
- Washington Post
Tech layoffs reveal the unintended consequences of mass job cuts
For decades, Daelynn Moyer easily secured job offers in the tech industry, working her way up from a computer maintenance technician to a manager leading teams of engineers making software. A college dropout, she was confident tech work was her ticket to job security and she would stay in the industry until she retired. Now, Moyer, 55, isn’t so sure her future remains in tech. Since being laid off from Indeed last year, Moyer has applied to more than 140 jobs but received no offers. She and her
- Bloomberg
Ontario Fund Writes Down $400 Million Investment in Northvolt
(Bloomberg) -- Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year, according to people familiar with the matter.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Reb
- CBC
Judge considers class action suit against Marymound as new documents allege abuse, neglect
WARNING: This story contains details of suicide and contains graphic details involving allegations of child abuse and sexual assault.Children in the care of a Manitoba non-profit were sexually abused and forced to spend days in isolation, and one girl killed herself after major gaps in her care, according to new court documents filed as part of a proposed class action lawsuit against Marymound Inc.First filed in 2023, the suit names Marymound, the Manitoba government and the Réseau Compassion Ne
- Simply Wall St.
3 Stocks That May Be Trading Below Their Estimated Value
In recent weeks, global markets have experienced fluctuations driven by tariff uncertainties and mixed economic data, with U.S. stocks ending the week slightly lower and European indices showing resilience despite trade policy concerns. Amid these market dynamics, investors are increasingly focused on identifying stocks that may be undervalued relative to their intrinsic worth, offering potential opportunities for those seeking value in a volatile environment. Understanding what makes a stock...
- Business Insider
A software engineer shares the résumé that got him on-site interviews at Meta, Amazon, and Dropbox — and hired at Microsoft
After receiving countless job rejections, Akshay Phadké, a software engineer, used four résumé strategies to help him land a job at Microsoft.
- South China Morning Post
China sends trade mission to Central Asia as it braces for US tariff war
Hours after China's retaliatory tariffs on US energy imports went into effect on Monday, a group of Chinese oil and gas executives flew to Kazakhstan to explore new trade opportunities, state broadcaster CCTV reported. The representatives were part of a larger delegation led by the China Council for the Promotion of International Trade (CCPIT), a semi-official trade group, which involved more than 30 companies in sectors including energy, petrochemicals and industrial machinery, according to the
- Reuters
Apple teams up with Alibaba to bring AI features for iPhones in China, The Information reports
The development could clear months of uncertainty over Apple's AI strategy for China, where it has been losing market share to domestic rivals, including a resurgent Huawei whose smartphones have included AI tools since last year. Apple stock rose 1.5% in early trading, while U.S.-listed shares of Alibaba gained 2.6%. Apple had selected Baidu as its main partner last year, but the Chinese company's progress in developing models for Apple Intelligence fell short of its standards, the report said.
- Biloxi Sun Herald
Aubreigh Wyatt’s mom sues South MS school district over teen’s suicide, details bullying
In one text message, Aubreigh sounds distraught, saying ‘I truly become so suicidal during the school year.’
- Insider Monkey
Chord Energy Corporation (CHRD): Among the Best Natural Gas and Oil Dividend Stocks to Buy Now
We recently compiled a list of the 13 Best Natural Gas and Oil Dividend Stocks To Buy. In this article, we are going to take a look at where Chord Energy Corporation (NASDAQ:CHRD) stands against the other natural gas and oil dividend stocks. The United States of America is the Largest Oil Producing Country in the […]
- GOBankingRates
Suze Orman: Why Retirement Savings Makes No Sense If You’re Living Paycheck to Paycheck — And What To Do Instead
If you're in a place where you're not making much money but still want to work toward financial goals like putting together a retirement plan, it's difficult to know where to stop spending and start...
- Moneywise
A Colorado electronics repair shop has filed more than 85 lawsuits against customers — but they’re fighting back
"I will first say that these aren’t customers. Customers pay.”
- Reuters
Juniper Networks denies allegations in US DOJ lawsuit to block $14 billion merger with HPE
Last month, the DOJ argued in its complaint that the proposed deal would stifle competition and lead to Cisco Systems and HPE controlling more than 70% of the U.S. market for networking equipment. The complaint does not correctly represent the market dynamics for wireless network solutions and the companies' rationale for the deal, Juniper said in a filing made to a federal court in California on Monday.
- SmartAsset
I Have $800K but Am Not Taking Social Security for 5 More Years- Can I Cover $4k per Month in Expenses?
Imagine that you’re 60 years old with $800,000 in retirement savings and $4,000 in monthly living expenses. However, you want to wait until age 65 to claim Social Security, so you need to find a way to generate additional income for five more years. Whether you plan to delay Social Security or not, a financial […] The post How Do I Cover $4,000 in Monthly Living Expenses? I’m 60 With $800k in Retirement Savings, But I Won’t Collect Social Security for 5 Years appeared first on SmartReads by Smar
- Telegraph-Journal
A revival of Energy East: Is a patriotic surge enough to get it built?
Federal energy minister says Ottawa and the provinces should discuss an oil pipeline to eastern Canada, but there's doubts
- Insider Monkey
Cenovus Energy Inc. (CVE): Among the Best Natural Gas and Oil Dividend Stocks to Buy Now
We recently compiled a list of the 13 Best Natural Gas and Oil Dividend Stocks To Buy. In this article, we are going to take a look at where Cenovus Energy Inc. (NYSE:CVE) stands against the other natural gas and oil dividend stocks. The United States of America is the Largest Oil Producing Country in the […]
- The Canadian Press
Cannabis company Aphria reaches agreement to settle shareholder class-action lawsuit
TORONTO — Aphria Inc. has agreed to pay $30 million to settle a class-action lawsuit by shareholders alleging the company made misrepresentations to capital markets in 2018.
- Reuters
McDonald's international markets prop up sales growth even as US lags
(Reuters) -McDonald's posted on Monday a surprise increase in its global comparable sales in the fourth quarter, aided by demand for its cheaper items and discounted offerings from diners in the Middle East, Japan and China. Shares of the burger chain rose nearly 5% in early U.S. trading, despite a bigger-than-expected drop in U.S. comparable sales due to an E. coli outbreak in late October, and cautious spending. Demand pressure on fast-food chains operating in the Middle East has begun to ease after widespread informal boycotts of Western chains over their perceived pro-Israeli stance in the Gaza conflict.