Author: Daniel snow

The Cleveland Cliffs Cleveland Works steel mill facility in Cleveland, Ohio, on Oct. 20, 2024.Dustin Franz | Bloomberg | Getty ImagesMajor steel stocks jumped Monday after President Donald Trump hiked tariffs tied to the metal.Shares of mining company Cleveland-Cliffs popped roughly 25% in premarket trading following the announcement, while Steel Dynamics and Nucor each jumped more than 10%. The VanEck Steel ETF (SLX) added 1.9%.Trump said Friday at a Pennsylvania rally he would double tariffs on steel imports to 50% from 25%, a move that inflamed trade tensions again and drew criticism from global partners.”We are going to be imposing…

Read More

Britain’s Prime Minister Keir Starmer (C), Britain’s Defence Secretary John Healey (2nd R) and managing director of BAE Systems’ naval ships business Simon Lister (R) visit the BAE Systems’Govan facility, in Glasgow, on June 2, 2025. Britain announced it will build 12 new attack submarines as it unveiled a major defense review to deal with “growing” Russian aggression and the changing nature of warfare. Andy Buchanan | Afp | Getty ImagesBritish Prime Minister Keir Starmer announced an overhaul of the U.K.’s defense spending on Monday, warning Britain it faces “war in Europe.””We are moving to war-fighting readiness,” Starmer said as…

Read More

Stephen Curry isn’t retiring from the National Basketball Association yet, but he’s already thinking about new career paths — including broadcasting, team ownership and playing on the PGA Tour Champions.The Golden State Warriors star spoke to CNBC Sport as part of “Curry Inc.: The Business of Stephen Curry,” a television production centered on Curry’s career and business ambitions.CNBC Sport’s documentary “Curry Inc.: The Business of Stephen Curry” will premiere on CNBC on Wednesday, June 4, at 9 p.m. ET.Curry, 37, already has one post-NBA job waiting for him. He’s the CEO of Thirty Ink, a mini-conglomerate of businesses including Unanimous…

Read More

new video loaded: Trump, MAGA and ‘Toxic Empathy’Recent episodes in OpinionOpinion Video features innovative video journalism commentary — argued essays, Op-Ed videos, documentaries, and fact-based explanation of current affairs. The videos are produced by both outside video makers and The Times’s Opinion Video team.Opinion Video features innovative video journalism commentary — argued essays, Op-Ed videos, documentaries, and fact-based explanation of current affairs. The videos are produced by both outside video makers and The Times’s Opinion Video team.Show more videos from Opinion Source link

Read More