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Biden admin pushes back against WTO rejection of Trump steel, aluminum tariffs

Cleveland-Cliffs CEO Lourenco Goncalves discusses the company’s results and outlines his outlook for the steel industry in “The Claman Countdown.” The World Trade Organization (WTO) has rejected 2018 tariffs put in place by then-President Donald Trump on foreign steel and aluminum in a decision on Friday that sparked a push back. Biden administration. Trump imposed …

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Wichita State Business Research Center examines labor market trends

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Wichita State University’s Center for Economic Development and Business Research was recently asked (by Wallet Hub) about labor market issues and provided the following information on what staff are observing: Why do employers have difficulty filling positions? The three driving forces behind employers experiencing a shortage of qualified applicants are demographics, an overheated economy, and …

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The defining moment for the stock market arrives with the CPI and the decision of the Fed

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(Bloomberg) — This is the week everyone has been waiting for. With the release of a key inflation gauge, the Federal Reserve’s interest rate decision, and comments from Chairman Jerome Powell afterwards, investors are finally hoping to get a clear view of what lies ahead for a market. stock market and an economy slaughtered in …

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Inflation data, Fed meeting will set the stage for 2023: what to know this week

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A highly anticipated inflation reading and the Federal Reserve’s final policy decision of the year will serve as highlights in what is expected to be the last week of major economic news in 2022. On Tuesday, the closely watched consumer price index (CPI) for November could predict how far rates could rise in the year …

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Freight rail service is terrible, even without the threat of a strike | CNN Business

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New York CNN — The failure of a freight railroad strike to begin on Friday is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and …

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A photo of a Makena auto-injector pen laying on a shelf in a medicine cabinet.

Reviews | Why is Makena staying on the market?

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In late October, an FDA advisory committee voted forcefully against continuing FDA approval of 17α-hydroxyprogesterone caproate (17-OHPC; Makena), a drug indicated to reduce the risk of preterm labor in pregnant women. In documents prepared by FDA scientists ahead of the committee hearing, the conclusion was that the drug “should be taken off the market.” Similarly, …

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LLY stock, Novo Nordisk will dominate obesity despite Amgen entry (NYSE:LLY)

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Hail Shadow/iStock via Getty Images Bank of America argues that Eli Lilly (NYSE: LLY) and Novo Nordisk (NVO) (OTCPK: NONOF) are “clear leaders” in the market for obesity and diabetes treatments despite encouraging Phase 1 data published by Amgen (NASDAQ: AMGN) recently for his experimental weight loss therapy AMG 133. Novo (NVO) and Lilly (LLY) …

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‘One of the worst money mistakes’: This Harvard-educated economist says retiring early is a decision you’ll ‘regret’ – here are 3 big problems with hanging up in your 50s

Stress from cost-of-living crisis hurts worker performance, survey finds

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In the UK, workers are so worried about the cost of living crisis that it is affecting their performance at work, with two-thirds of managers reporting issues such as rising absenteeism and lack of engagement among stressed staff. In a Chartered Management Institute (CMI) survey of more than 1,000 managers and team leaders, 71% said …

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Long COVID costs the average patient $9,000 a year – and that doesn’t even tell the whole story

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Image source: Getty Images Those suffering from the aftermath of the virus could suffer a financial shock. Key points Some COVID patients have persistent symptoms. This could lead to significant financial losses due to unemployment and payment of medical bills. A Harvard economist estimated the cost of long COVID to be $9,000 a year on …

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