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  • Sep 03, 2024

Stock market today: Markets headed for losses at open ahead of key US jobs report later this week

Shares of U.S. Steel tumbled 4.4% after Vice President Kamala Harris told a crowd in Pennsylvania on Monday that she opposed the company's planned sale to Japan's Nippon Steel. The Democratic presidential nominee's comments, which echo President Joe Biden's position, came after Nippon Steel Corp. said last week it would spend an additional $1.3 billion to upgrade facilities in Pennsylvania and Indiana, on top of a previous $1.4 billion commitment. Boeing's contract with the International Association of Machinists is set to expire just before midnight on Sept. 12.

  • Sep 03, 2024

Brazil Economy Soars Past All Forecasts as Bets on Interest Rate Hikes Grow

(Bloomberg) -- Brazil’s economy grew much more than expected in the second quarter, powered by strong consumer spending, raising the prospect of interest rate hikes in the near future.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsGross domestic product expanded 1.4% in the April-June period compared to the first quarter, more than all forecasts in Bloomberg survey that had a 0.9% median esti

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