Podcast appearances and mentions of cleveland cliffs

Former Fed Vice Chair Lael Brainard reacts to the reports that Treasury Secretary Soctt Bessent talked the President out of firing Powell, plus her outlook for rate policy. Then Cleveland-Cliffs stock soars as it says it's benefiting from U.S. tariffs on foreign steel and aluminum. And as bitcoin hits new records, a number of crypto companies looking to test to public markets. VC Ben Lerer gives his outlook for the industry.

Japanese PM Ishiba vowed to stay on despite exit polls from the election showing that the ruling coalition lost its majority.EU envoys are set to meet as early as this week to formalise a retaliation plan in the event of a possible no-deal scenario with the US, according to Bloomberg.European bourses are modestly lower, US equity futures are higher with outperformance in the RTY.JPY leads post-election, DXY trundles lower, EUR awaits trade updates.Bonds are boosted after PM Ishiba loses Upper House majority, but not as bad as feared.Choppy trade in crude while base metals are underpinned by China's dam constructionLooking ahead, Canadian Producer Prices, US Leading Index Change, BoC SCE, NZ Trade Balance, Earnings from Verizon, Domino's Pizza & Cleveland Cliffs.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Die Aktien von Verizon, Domino's Pizza und Cleveland-Cliffs tendieren nach den heute Morgen gemeldeten Quartalszahlen allesamt freundlich. Vor dem Wochenende rund 20% der Marktkapitalisierung des S&P 500 die Quartalszahlen melden. Rund 112 Unternehmen im S&P 500 geben die Zahlen bekannt, inklusive fünf Dow Jones Werte und zwei der Magischen Sieben-Tech-Riesen – Google und Tesla. Technisch notiert der S&P 500 nun 59 Handelstage in Folge über der 20-Tageslinie. Die längste Strecke seit Ende der 90er Dotcom-Boomjahre. Laut Bespoke Investment bewegt sich der Tech-Sektor seit bereits 46 Handelstagen im überkauften Bereich. Um ein wieder neutrales Niveau zu erreichen, sei ein Rückgang von 3,5% notwendig. Die längste Strecke im überkauften Bereich waren 68 Handelstage im Februar 1999. Mit einem Marktwert von über $4,2 Billionen ist NVIDIA nun mehr wert als alle Aktien im Russell 2000. Die Aktien von Block ziehen heute deutlich ein, weil sie den Energie-Konzern Hess im S&P 500 ersetzen werden. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Die Aktien von Verizon, Domino's Pizza und Cleveland-Cliffs tendieren nach den heute Morgen gemeldeten Quartalszahlen allesamt freundlich. Vor dem Wochenende rund 20% der Marktkapitalisierung des S&P 500 die Quartalszahlen melden. Rund 112 Unternehmen im S&P 500 geben die Zahlen bekannt, inklusive fünf Dow Jones Werte und zwei der Magischen Sieben-Tech-Riesen – Google und Tesla. Technisch notiert der S&P 500 nun 59 Handelstage in Folge über der 20-Tageslinie. Die längste Strecke seit Ende der 90er Dotcom-Boomjahre. Laut Bespoke Investment bewegt sich der Tech-Sektor seit bereits 46 Handelstagen im überkauften Bereich. Um ein wieder neutrales Niveau zu erreichen, sei ein Rückgang von 3,5% notwendig. Die längste Strecke im überkauften Bereich waren 68 Handelstage im Februar 1999. Mit einem Marktwert von über $4,2 Billionen ist NVIDIA nun mehr wert als alle Aktien im Russell 2000. Die Aktien von Block ziehen heute deutlich ein, weil sie den Energie-Konzern Hess im S&P 500 ersetzen werden. Ein Podcast - featured by Handelsblatt. +++Erhalte einen exklusiven 15% Rabatt auf Saily eSIM Datentarife! Lade die Saily-App herunter und benutze den Code wallstreet beim Bezahlen: https://saily.com/wallstreet +++ +++EXKLUSIVER NordVPN Deal ➼ https://nordvpn.com/Wallstreet Jetzt risikofrei testen mit einer 30-Tage-Geld-zurück-Garantie!+++ +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html

The Cleveland-Cliffs steel mill in Steelton—an industrial cornerstone since 1868—went idle as of June 30, sending shockwaves through the community and across the Commonwealth. Once a thriving symbol of American industrial might, the mill's closure left residents grappling with the loss of both jobs and a deeply personal legacy.Support WITF: https://www.witf.org/support/give-now/See omnystudio.com/listener for privacy information.

Spoiler alert, state lawmakers did not have a budget agreement in place by midnight, when the current fiscal year ended. However, that does not mean the state will immediately miss payments for public services. That would change if the impasse stretches over several months, meaning payments for county services and schools would be the first to be affected. Senate Democratic Leader Jay Costa is upbeat though, saying he doesn't expect the months-long delays that have plagued past budgets. In Washington, the Senate's latest draft of the budget bill would quickly phase out lots of clean energy tax credits — including one for the production of clean hydrogen. That means new hydrogen businesses planned for the Philadelphia region could be scrapped. Pennsylvania organizations that fund science are experiencing an increase in applications for their grant dollars - and likewise, they're trying to increase funding requests, following the Trump administration's broad cuts to research funding. Dauphin County's Cleveland-Cliffs steel plant began idling operations Monday, affecting hundreds of workers as well as the entire community in Steelton. The company's decision leaves about 500 union workers and 60 salaried employees without jobs. Amazon plans to spend $20 billion to build two data centers in Pennsylvania, a move that state officials say will generate thousands of jobs over the next decade. But the full economic picture includes many unknowns - such as the centers’ full impact on electricity supply and prices, and the amount of tax revenue the state will forfeit to Amazon. The WNBA is expanding to 18 teams over the next five years with Cleveland, Detroit and Philadelphia all set to join the league. Philadelphia's team would launch in 2030. Support WITF: https://www.witf.org/support/give-now/See omnystudio.com/listener for privacy information.

Inside INdiana Business Radio for the morning of June 10, 2025. The Indianapolis Colts have confirmed ownership will pass to Carly Irsay-Gordon, following the death of Jim Irsay. Environmental groups are urging the EPA to revoke Cleveland-Cliffs' air permit in East Chicago. Also: Improved Pharma expands in West Lafayette, UIndy's Teacher Prep Academy faces funding uncertainty, and East Central Indiana Regional Partnership rebrands as Forge ECI. Get the latest business news from throughout the state at InsideINdianaBusiness.com.

How much did a fight between Elon Musk and President Trump hurt Tesla shares? And why did tariff news lift steelmaker Cleveland-Cliffs? Plus, what types of shoppers are driving Dollar General's gains? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How much did a fight between Elon Musk and President Trump hurt Tesla shares? And why did tariff news lift steelmaker Cleveland-Cliffs? Plus, what types of shoppers are driving Dollar General's gains? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

En este episodio cubrimos los eventos más importantes después de la apertura del mercado: • Wall Street avanza antes de los datos de empleo: Los futuros suben: $SPX +0.2%, $US100 +0.4%, $INDU +0.3%. El mercado reacciona al débil reporte ADP, que mostró el menor nivel de contrataciones privadas en más de dos años. Hoy se esperan solicitudes por desempleo (236K) y productividad. El dato clave del empleo mensual se conocerá el viernes. • Oro sube por refugio ante debilidad económica y tensiones: El oro cerró al alza tras la contracción del PMI servicios (49.9) y la caída del dólar (-0.5%). Los aranceles al acero y aluminio duplicados por Trump y la tensión con China aumentan la demanda de refugio. ING destaca que bancos centrales siguen acumulando oro como parte de su estrategia de diversificación. • Cleveland-Cliffs cancela megaproyecto de hidrógeno en Ohio: $CLF abandonó su plan de $500M por falta de hidrógeno limpio y trabas regulatorias. El CEO criticó la política energética de Trump y la falta de recortes de tasas de la Fed. La compañía buscará renegociar el uso de los fondos y extender el ciclo de sus hornos tradicionales. • Inversión global en energía alcanzará $3.3T en 2025, liderada por renovables: Según la IEA, $2.2T serán para energía limpia (solar, nuclear, baterías), el doble que fósiles. La solar lidera con $450B; el gasto en redes supera los $400B. Pese a las cifras, los países en desarrollo enfrentan dificultades para atraer capital suficiente. Una jornada marcada por cifras débiles que refuerzan la expectativa de pausa en tasas, tensiones comerciales y avances en la transición energética. ¡No te lo pierdas!

Set your clock - must be the weekend - New Tariffs imposed Someone wants the Fed Chair job TACO FAFO and more... More muddy AI cover art PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter  Warm-Up - Must be the weekend - New Tariffs imposed - Someone wants the Fed Chair job - TACO FAFO and more... - More muddy AI cover art Markets - YUGE move for markets - Tariffs reinstated by Appeals court - for now - Hope for a spending bill - SPENDING BILLS - Retailers still worried - apparel stores not happy More tariffs - President Donald Trump told U.S. steelworkers on Friday that he will double tariffs on steel imports to 50%. - “We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America,” Trump said during remarks at U.S. Steel's Irvin Works in West Mifflin, Pennsylvania. The president said the steep tariffs would “further secure the steel industry.” - “At 25%, they can sort of get over that fence,” Trump said. “At 50%, they can no longer get over the fence.” - Shares of mining company Cleveland-Cliffs popped roughly 22% following the announcement, while Steel Dynamics jumped more than 13% and Nucor was up more than 12% Tariffs - Court Strikes them down - something we discussed a bit on the legality of tariffs in the way they were impose to begin with - Appeals court reinstates temporarily - Did you see Howard Lutnik? Like putty in Trump hands, saying how Trump will win, he always wins, he is such a winner, no one can negotiate like Trump - on and one in a press conference. Economic Downtick - The U.S. growth outlook was downwardly revised to just 1.6% this year and 1.5% in 2026. In March, the OECD was still expecting a 2.2% expansion in 2025. - “Global GDP growth is projected to slow from 3.3% in 2024 to 2.9% this year and in 2026 ... on the technical assumption that tariff rates as of mid-May are sustained despite ongoing legal challenges,” the OECD said. - It had previously forecast global growth of 3.1% this year and 3% in 2026 Big Month - NASDAQ up 9.6% for May - S&P 500 up 6% - Some calling it a Bear Market Bounce - Valuations getting toward top end again - Breath is poor again - BIG Names pulling most up - Tech was big driver in May - Best month for S&P 500 since November 2023 Someone Looking to Be Appointed - Kevin Warsh (Brown Nose Warsh) Says Fed Officials Shouldn't Be ‘Pampered Princes,' Defends Trump's Criticism of the Bank - Leading name for the next Fed Chair - defended the president's right to criticize the central bank, saying the Fed is too big and politically exposed. --- He is showing how political it can be with this kind of populist view Inflation Report - PCE moved to 2.1% on April (lower than expected) - Core inflation also was at 0.1% for the month though it was higher on an annual level at 2.5%. - Consumer spending, though, slowed sharply for the month, posting just a 0.2% increase. - The savings rate surged to 4.9%, the highest in nearly a year. - Food prices fell 0.3% on the month while energy goods and services increased 0.5%. Shelter costs, which has been one of the most stubborn inflation components, increased 0.4%. -- Put all of that together - consumers are pulling back New and Old Acronyms making waves - MEGA (Make Europe Great Again) - MAGA (Make America Go Away) - TACO (Trump Always Chickens Out) - FAFO (Fuck Around and Find Out) ----It is used to capture the financial market's volatility and chaos that Trump's policymaking process has created Dell Earnings - Dell Technologies reported fiscal first-quarter earnings that missed Wall Street expectations, but the company beat on revenue and offered a stronger-than-expect...

Die plötzliche Anhebung der US-Stahl- und Aluminium-Zölle sorgt für eine Kursexplosion bei den Aktien von Cleveland-Cliffs, Nucor und Steel Dynamics. Die Verschärfung der Handelspolitik, insbesondere auch gegenüber China, sorgt insgesamt an der Wall Street für Zurückhaltung. Zudem ziehen die Ölpreise aufgrund des sich zuspitzenden Konflikts zwischen der Ukraine und Russland an. Außerdem wirft die Internationale Atombehörde dem Iran vor heimliche Nuklearaktivitäten durchzuführen, mit einer Anreicherung von nahezu waffentauglichem Uran. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Die plötzliche Anhebung der US-Stahl- und Aluminium-Zölle sorgt für eine Kursexplosion bei den Aktien von Cleveland-Cliffs, Nucor und Steel Dynamics. Die Verschärfung der Handelspolitik, insbesondere auch gegenüber China, sorgt insgesamt an der Wall Street für Zurückhaltung. Zudem ziehen die Ölpreise aufgrund des sich zuspitzenden Konflikts zwischen der Ukraine und Russland an. Außerdem wirft die Internationale Atombehörde dem Iran vor heimliche Nuklearaktivitäten durchzuführen, mit einer Anreicherung von nahezu waffentauglichem Uran. Ein Podcast - featured by Handelsblatt. +++Erhalte einen exklusiven 15% Rabatt auf Saily eSIM Datentarife! Lade die Saily-App herunter und benutze den Code wallstreet beim Bezahlen: https://saily.com/wallstreet +++ +++EXKLUSIVER NordVPN Deal ➼ https://nordvpn.com/Wallstreet Jetzt risikofrei testen mit einer 30-Tage-Geld-zurück-Garantie!+++ +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html

Ignacio Vacchiano, responsable de distribución en España de Leverage Shares, analiza la situación de las compañías Campbell Soup, Cleveland Cliffs, Nucor, Steey Dynamics, Alcoa, Bristol-Myers, Microsoft y Meta.

Scott Wapner and the Investment Committee discuss the big day for stocks as the President once again backs away from his tariff threat. Plus, Jim Lebenthal buys more Alphabet and defends his position in Cleveland-Cliffs. And later, Josh Brown shares a stock from his “Best Stocks in the Market.” 

Doreen Greenwald, President of the National Treasury Employees Union (NTEU), joined the America's Work Force Union Podcast to discuss the threats facing federal workers' collective bargaining agreements, the impact of budget cuts on IRS operations and the importance of protecting federal employee data. Pat Gallagher, President of the North Coast Area Labor Federation, joined the America's Work Force Union Podcast to discuss some of the recent challenges facing the steel industry, such as the Cleveland Cliffs' facility closures, the significance of the rail mill in Stilton, Pa. and the upcoming Ohio AFL-CIO Legislative Conference.

In the wake of Steelton's Cleveland-Cliffs plant temporarily laying off more than 500 employees, a southwestern Pennsylvania state senator says his new bill could encourage new investment in aging steel plants. The Pennsylvania State Police will no longer carry shotguns in their cruisers. Early May rainfall, along with expected rainfall this week, may ease Lancaster County's severe drought status. Berks County officials are reviewing a report analyzing the county inmate population and its finding that jail is too often used as a default tool to address social issues such as poverty, homelessness and substance use. Pottsville Mayor Mark Atkinson is resigning for health reasons. The Hershey Bears continue their quest for their third straight Calder Cup, as well as their 14th AHL championship overall. Last year, a nonprofit group in Pittsburgh, with a partner in Philadelphia, was awarded a large federal grant as part of a $2 billion climate justice program through the Inflation Reduction Act. But now, climate and environmental justice projects are "out" with the Trump administration, and the grant has evaporated. The Allegheny Front’s Julie Grant reports what's at stake. Support WITF: https://www.witf.org/support/give-now/See omnystudio.com/listener for privacy information.

Today on MetroNews This Morning: --One W.Va. school board is seeking a legal opinion on Governor Morrisey's executive order offering religious exemptions to required vaccinations--Foster parents detail their struggles in the first of a series of public listening sessions--Leaders continue to lament the actions of Cleveland Cliffs to halt plans for a transformer plant in Weirton--In Sports:  Post season in high school baseball and softball are underway

Why did Disney's Middle East expansion wow investors? And how is steelmaker Cleveland-Cliffs slowing down its operations? Plus, how did Boeing benefit from the U.S.-U.K. trade agreement? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why did Disney's Middle East expansion wow investors? And how is steelmaker Cleveland-Cliffs slowing down its operations? Plus, how did Boeing benefit from the U.S.-U.K. trade agreement? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Senator Bernie Moreno once again brings shame to Ohio, this time by condoning human suffering on an unimaginable scale Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on MetroNews This Morning: --Reaction from the head of the Catholic Church in West Virginia to a new pope--A lot of reaction to Cleveland Cliffs' action to scrap plans for a transformer plant in Weirton--Senator Capito is looking for more clarity on what will happen with NIOSH and coal miner health programs--In Sports: WVU opens a series on the road at Kansas State trying to rebound from the Pitt loss

Chris Lawrence recaps arguments in a federal lawsuit to stop job cuts at NIOSH. WV Senator Ryan Weld discusses news that Cleveland Cliffs will not build a new manufacturing facility in Weirton. Hoppy Kerchval drops by and info on a new opportunity for girls to get involved in STEM. 

The investigation into hundreds of potentially fraudulent voter registration forms is ongoing, six months after it was first announced in the week before Election Day last fall. Thousands of people packed into the Farm Show Complex in Harrisburg last Friday evening to hear from U.S. Senator Bernie Sanders. This is Small Business Week in Pennsylvania. A PA college football team recently held a drive to add students to the national registry of potential bone marrow donors. Steelton's Cleveland-Cliffs plant is temporarily laying off more than 500 employees. The company calls the move an "idling" of the plant, which produces rails that carry freight and passengers, along with steel for heavy machinery, power plants and military equipment such as submarines. 100 firefighters from dozens of fire companies battled a fire Saturday at a Snyder County modular home manufacturer. Damage, at Apex Homes of PA located in Middleburg, is estimated at $5 million. Pennsylvania utility regulators are bracing for a surge in electricity demand driven in large part by the opening of new, power-intensive data centers. WITF's Rachel McDevitt reports on a recent hearing at the Public Utility Commission. Support WITF: https://www.witf.org/support/give-now/See omnystudio.com/listener for privacy information.

Businesses prepare for Trumps ‘Liberation Day' as the United States heads towards massive introduction of import taxes later this week Japan is one of the US's biggest investors. How will they cope with tariffs? We hear from Stephen Nagy Professor at the International Christian University in Tokyo. We also hear from Cleveland-Cliffs steel, a US steel company that supports the implementation of tariffs

Businesses prepare for Trumps ‘Liberation Day' as the United States heads towards massive introduction of import taxes later this week Japan is one of the US's biggest investors. How will they cope with tariffs? We hear from Stephen Nagy Professor at the International Christian University in Tokyo. We also hear from Cleveland-Cliffs steel, a US steel company that supports the implementation of tariffs

Hour 1 Segment 1 Tony starts the show talking about how Mark Carney says the old U.S./Canada relationship is over. Tony also talks more about President Donald Trump’s 25% tariffs on imported cars. Tony later talks about Cleveland-Cliffs laying off more than 600 employees due to a weak auto demand. Hour 1 Segment 2 Tony talks about the utilization of Signal as an app and how Katherine Maher of NPR is on Signal’s board of directors. Tony also talks about how people want Pete Hegseth fired. Hour 1 Segment 3 Tony talks about his son discovering Albert King. Hour 1 Segment 4 Tony wraps up the first hour of the show by talking about President Trump pulling Elise Stefanik nomination for the U.N. ambassador. Tony also talks about how Scott Pressler thinks the Democrats will be fired up this year and next. See omnystudio.com/listener for privacy information.

Tony starts the show talking about how Mark Carney says the old U.S./Canada relationship is over. Tony also talks more about President Donald Trump’s 25% tariffs on imported cars. Tony later talks about Cleveland-Cliffs laying off more than 600 employees due to a weak auto demand.See omnystudio.com/listener for privacy information.

Hour 1 Segment 1 Tony starts the show talking about how Mark Carney says the old U.S./Canada relationship is over. Tony also talks more about President Donald Trump’s 25% tariffs on imported cars. Tony later talks about Cleveland-Cliffs laying off more than 600 employees due to a weak auto demand. Hour 1 Segment 2 Tony talks about the utilization of Signal as an app and how Katherine Maher of NPR is on Signal’s board of directors. Tony also talks about how people want Pete Hegseth fired. Hour 1 Segment 3 Tony talks about his son discovering Albert King. Hour 1 Segment 4 Tony wraps up the first hour of the show by talking about President Trump pulling Elise Stefanik nomination for the U.N. ambassador. Tony also talks about how Scott Pressler thinks the Democrats will be fired up this year and next. Hour 2 Segment 1 Tony starts the second hour of the show talking about an article that says Tren de Aragua is a military incursion. Hour 2 Segment 2 Tony starts his Friday audio dump starting with Vice President J.D. Vance going to Greenland, Tim Walz on old white guys running the country, and Robert F. Kennedy receiving help from Elon Musk. Hour 2 Segment 3 Tony talks about Senator Van Hollen talking about DOGE. Tony also talks about Justin Pearson and Andrew Farmer having a shouting match over Tennessee gun laws. Tony also talks about how Tim Walz wants a shadow government. Hour 2 Segment 4 Tony wraps up the second hour of the show talking about DOGE and political violence. Hour 3 Segment 1 Tony starts the final hour of the show talking about vaccines and herd immunity as illegal immigrants bring in measles. Tony also talks about the Biden administration lost immigrant children, and we still don’t know where they are. Hour 3 Segment 2 Tony talks about Mississippi ending their income tax. Hour 3 Segment 3 Tony talks about an 84-year-old Wisconsin man arrested for a murder he committed 50 years ago after investigators found DNA on his stocking cap he left behind. Tony also talks about Pam Bondi speaking on the arrest of a Nevada man in connection to the violent Las Vegas Tesla arson attack. Later, Tony talks about how Democrats planned for Joe Biden to withdraw from the presidential race or die in office as far back as 2023 from an upcoming book, “Fight: Inside the Wildest Battle for the White House.” Hour 3 Segment 4 Tony wraps up another edition of the show talking about how Eric Swalwell doesn’t want Vice President J.D. Vance in Greenland. See omnystudio.com/listener for privacy information.

In a move that says just as much about the state of the steel industry as the automotive industry, Cleveland-Cliffs has confirmed that it will lay off 600 workers from its Dearborn Works facility in Michigan.Cleveland-Cliffs is the 4th largest steel maker in the United States, and shipped out record volumes to automotive in 2023.

Former State Senator Justin Eichorn made his first appearance in court since being arrested Monday for attempting to solicit a minor. And Cleveland-Cliffs says it plans to lay off about 600 workers at two taconite mines on the Iron Range. Those stories and more in today's evening update from MPR News. Hosted by Emily Reese. Music by Gary Meister.

After two straight days of losses on Wall Street, Carl Quintanilla and Jim Cramer led off the show with market reaction to tamer-than-expected February CPI -- and what tariffs could mean for inflation. The anchors also weighed in on chip stocks leading a tech sector rebound. At CNBC's Converge conference in Singapore, David Faber interviewed Alibaba Chairman Joe Tsai about tariffs, China's President Xi and the Chinese consumer. Cleveland-Cliffs CEO Lourenco Goncalves joined Jim and Carl at Post 9 to discuss President Trump's steel tariffs going into effect. Also in focus: Goldman Sachs lowers its S&P 500 target, Morgan Stanley cuts its Apple price target, President Trump defends Elon Musk and touts Tesla cars.Squawk on the Street Disclaimer

Vital Knowledge's Adam Crisafulli breaks down the market action. We dive into key earnings from Caesars, Intuit, Workday, and First Solar. Plus, Cleveland-Cliffs CEO Lourenco Goncalves on tariffs and the Nippon/US Steel deal while Intuit COE Sasan Goodarzi talks tax season and AI. Melius Research's Ben Reitzes on what to expect from Nvidia as DeepSeek's progress rattles AI investors. Wedbush's Nick Setyan joins to analyze Cava's results.

EXKLUSIVER NordVPN Deal ➼ https://nordvpn.com/Wallstreet Jetzt risikofrei testen mit einer 30-Tage-Geld-zurück-Garantie! +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Ein Podcast - featured by Handelsblatt. Investoren hoffen, dass die Quartalszahlen von NVIDIA am Mittwoch nach dem Closing das Schiff im Tech-Sektor herumreißen kann. Eine im Vorfeld der Zahlen positive Tendenz der Wall Street wäre somit nicht erstaunlich. Fest steht allerdings nur eines – die Aktie wird nach den Ergebnissen eine Schwankung von 9% in die ein oder andere Richtung sehen. Es wird ein wilder Ritt! Die Reaktionen auf die heutigen Quartalszahlen fallen gemischt aus. Zoom, Planet Fitness und Cleveland-Cliffs tendieren schwächer. Die Aktien von Hims & Hers Health brechen ein, weniger wegen der Zahlen, sondern wegen einer Meldung der FDA. Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html

Invesco's Kristina Hooper and Hennion & Walsh's Kevin Mahn join to discuss the market. TIAA's Neel Mukherjee breaks down the U.S. vs. global investing landscape — and why he still prefers the U.S.  Taylor Morrison CEO Sheryl Palmer weighs in on homebuilders and the recent spate of weak data. Plus, Hamilton Lane Co-CEO Erik Hirsch on private markets and IPOs. Earnings from Zoom, Diamondback Energy and Cleveland-Cliffs. 

APAC stocks began the week mixed after last Friday's sell-off on Wall St and amid holiday-quietened trade with Japanese markets closed for the Emperor's Birthday, while participants also reflected on the results from Sunday's German election.DAX futures rallied by 1%, Bund futures marginally softened, EUR/USD outperformed and reclaimed the 1.0500 handle as Germany's CDU/CSU won the election on Sunday with a Grand coalition possible; far-right AfD came second.US President Trump said on Friday that he spoke with Chinese President Xi on fentanyl. US President Trump's team is reportedly pushing Mexico towards tariffs on Chinese imports, according to Bloomberg.Ukrainian President Zelensky said the issue of elections is a step to apply pressure on Ukraine and he is willing to quit the presidency if it means peace in Ukraine which he said could be exchanged for NATO membership.European equity futures indicate a higher cash market open with Euro Stoxx 50 futures up 0.7% after the cash market closed with gains of 0.3% on Friday.Looking ahead, highlights include German Ifo Expectations, US National Activity Index, Speakers including BoE's Lombardelli, Pill, Ramsden, Dhingra & BoC's Gravelle, Supply from the EU & US, Earnings from Domino's Pizza, Him & Hers, Riot Platforms, Tempus AI, Cleveland Cliffs & Zoom.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.EUR firmer post-German election, but off best levels, USD mixed vs. peers.Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists, Gilts await BoE speak.Crude flat, precious metals mixed, and base metals mostly lower amid tariff woes.Looking ahead, US National Activity Index, Speakers including BoE's Ramsden, Dhingra & BoC's Gravelle, Supply from the US, Earnings from Domino's Pizza, Him & Hers, Riot Platforms, Tempus AI, Cleveland Cliffs & Zoom.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Cleveland-Cliffs is not just a local household name in Northeast Ohio manufacturing and economic development. It is North America's largest flat-rolled steel producer and the largest supplier of automotive-grade steel in the nation. Since 2014, Lourenco Goncalves has been Chairman, President and Chief Executive Officer of Cleveland-Cliffs. Mr. Goncalves successfully led four major company acquisitions beginning with AK Steel in March 2020, followed by the acquisition of ArcelorMittal USA in December 2020, Ferrous Processing and Trading Company in November 2021 and most recently Canadian-based Stelco Holdings Inc. in November 2024.rnrnIn 2023, Cleveland-Cliffs offered to buy Pittsburgh-based U.S. Steel in a merger that would have cement Cleveland-Cliffs as the nation's largest steelmaker--bringing more jobs and opportunity to the region. Instead, U.S. Steel rejected the offer in favor of a higher bid from Japanese firm Nippon Steel. President Biden blocked the merger in January, citing national security concerns, specifically the belief that U.S. Steel should remain an American-owned company to support the domestic steel production and strengthen U.S. supply chains. President Trump has also opposed Nippon's acquisition of U.S. Steel.

Concurrent PepsiCo weet minder producten te slijten bij de Amerikaanse burger. McDonalds ziet uitzonderlijke krimp van verkopen in de VS. Maar in de ogen van Coca Cola heeft de consument daar zeker niet de hand op de knip. Sterker nog, Amerika is een van de grote groeimarkten van het drankenbedrijf. De topman zegt dat hij niet één strategie kan aanwijzen waar dat door komt, maar hij geeft toch een klein geheim prijs: de kleine blikjes. Hoe dat kleine blikje Coca-Cola miljarden oplevert, dat hoor je in deze uitzending. Daarin hebben we het ook over BP. De Britse oliereus heeft een probleem: de winst. Die daalde afgelopen jaar met ruim 60 procent. Toch houdt de topman zijn hoofd en dat van beleggers koel. Want hij zegt een herstelplan te hebben. Wat dat is, dat houdt hij nog even voor zichzelf. Het gaat ook over het bizarre bod van Elon Musk. Voor een kleine 100 miljard dollar wil hij OpenAI - het bedrijf achter ChatGPT - kopen. Nog nooit zei iemand zo snel 'nee'. Dacht Musk echt dat OpenAI de boel zou verkopen? Of kickt Musk op afwijzingen? See omnystudio.com/listener for privacy information.

Chris Thom, CEO & portfolio manager at Moat Financial, shares his top stock picks; Suncor, General Motors and Cleveland Cliffs.

Nieuwe week, nieuwe importheffingen. Toch krijgt Donald Trump beleggers er deze keer niet meer onder. Hij kondigt aan dat hij al het staal en aluminium dat de VS binnenkomt met 25 procent extra gaat belasten. Maar echt reageren op dat slechte nieuws, doen beleggers in Europese staalbedrijven niet. Moeten we die aankondigingen van Trump nog serieus nemen? Of is het een loos dreigement, dat met een beetje onderhandelen binnen een paar dagen weer van tafel is? Dat hoor je in deze aflevering. Dan vertellen we je ook dat je je Frans bij moet gaan spijkeren. Want president Macron is degene die de sprong in het diepe waagt, en ruim 100 miljard euro investeert in AI. Hij noemt het zijn equivalent van het Amerikaanse Stargate. Maar in omvang is het toch nèt wat kleiner. Je hoort ook over BP. Het Britse oliebedrijf heeft een nieuwe partner waar het niet blij mee is. Activistische aandeelhouder Elliott vindt dat er van alles moet gebeuren binnen het bedrijf. BP moet volgens Elliott minder doen alsof het groene vingers heeft, en meer inzetten op ouderwets olie en gas. En we hebben het over McDonalds. Je zou denken dat het de Amerikanen zijn die de omzet een stevige hand helpen, maar niks is minder waar. De fastfoodketen ziet een uitzonderlijke daling in verkopen in de VS.See omnystudio.com/listener for privacy information.

"PREVIEW: BUTLER COUNTY: Colleague Salena Zito reports that Lourenco Goncalves, CEO of Cleveland-Cliffs, is the second bidder for U.S. Steel and is ready to complete the offer once Nippon Steel steps away . More tonight." 1890 Erie Railroad

Chris questions the national security concerns raised over Nippon Steel's bid to purchase US Steel, arguing the reasoning lacks clarity. He highlights that Nippon Steel, a Japanese-based private company, offers a higher bid and promises to revitalize U.S. plants, unlike Cleveland Cliffs, the domestic competitor. Markowski critiques the lack of transparency in the decision-making process and challenges the narrative about threats to supply chains and infrastructure. He calls for deeper scrutiny and critical thinking on policies affecting competition and economic growth. www.watchdogonwallstreet.com

US futures are pointing to a higher open today. European equity markets have opened in the positive territory, following mixed levels in Asian markets. Trump's economic team considering staggering tariffs on month-to-month basis to boost negotiating leverage and avoid inflation spike. While potential for more targeted approach could be good news for market sentiment, uncertainty remains.Companies mentioned: Cleveland-Cliffs, Nucor, Howard Hughes Holdings, Glacier Bancorp

Het cijferseizoen staat voor de deur. De Amerikaanse grootbanken staan te trappelen om hun resultaten over het afgelopen jaar te presenteren. We blikken uitgebreid vooruit op de komende weken. Je hoort op welke aandelen je moet letten en welke bedrijven (niet) gaan stunten. Ook hebben we het over de EU. Al een jaar lang onderzoeken ze in Brussel de Amerikaanse tech-reuzen. Meta, Google en Apple moeten vrezen voor mega-boetes. Of toch niet, want volgens de Financial Times gaan ze al die onderzoeken ineens heroverwegen. Europa zweert dat het niet komt door de overwinning van Trump, maar toch lijkt het erop dat het geslijm van de tech-bazen heeft geholpen. Deze aflevering hoor je wat het voor je tech-aandelen betekent, dat die onderzoeken mogelijk van tafel gaan. Ook hebben we het over de Amerikaanse economie. Trump erft een goed draaiende economie, zeggen economen. Ze roepen hem op om vooral niet zijn hervormingen door te voeren. Want dan kan het breken. Tot slot hoor je meer over de TikTok-soap, de overname-soap van US Steel en de beursgang van Klarna. Dat een deal heeft gesloten met een Adyen-concurrent. See omnystudio.com/listener for privacy information.

Carl Quintanilla, Jim Cramer and David Faber explored what to make of tech sector weakness following Friday's sell-off. The anchors also reacted to comments Mark Zuckerberg  made on Joe Rogan's podcast. The Meta CEO slammed Apple and weighed in on "masculine energy." At the J.P. Morgan Healthcare Conference in San Francisco, Jim discussed his CEO lineup for Monday's night's "Mad Money" as well as the challenges facing the health care sector. Also in focus: Johnson and Johnson to acquire drugmaker Intra-Cellular Therapies for $14.6 billion, Moderna plunges on weak 2025 sales guidance, California wildfires impact, sources tell David that Cleveland-Cliffs is partnering with Nucor in a potential bid for U.S. Steel.Squawk on the Street Disclaimer   

This Day in Legal History: US Recognizes Castro GovernmentOn January 7, 1959, the United States formally recognized the new Cuban government led by Fidel Castro. This recognition followed the revolutionary forces' ousting of Cuban dictator Fulgencio Batista on January 1, 1959. The U.S. move reflected an initial acceptance of the political change in Cuba, as Batista's regime had become widely criticized for corruption and authoritarianism. Castro's rise to power was initially seen by some in the U.S. as a potential opportunity for reform and modernization in Cuba. However, underlying tensions between the two nations soon began to surface.As Castro consolidated power, his government initiated sweeping land reforms and began nationalizing industries, including those with significant American investments. These actions created friction with U.S. business interests and policymakers. By 1960, relations deteriorated further when Cuba aligned itself with the Soviet Union, entering the Cold War as a communist ally. The U.S. responded with economic sanctions, including a trade embargo, which severely strained diplomatic ties.The growing ideological divide culminated in January 1961, when President Dwight D. Eisenhower severed formal diplomatic relations with Cuba. Shortly thereafter, the failed Bay of Pigs invasion and the Cuban Missile Crisis deepened hostilities. The recognition on January 7, 1959, marked the beginning of a complex and adversarial relationship that would define U.S.-Cuban interactions for decades. This moment remains a pivotal turning point in the history of both nations, highlighting the geopolitical struggles of the Cold War era.Former President Donald Trump lost a bid to delay his sentencing in the Manhattan hush money case, despite his legal team's arguments citing presidential immunity and his upcoming January 20 inauguration. Judge Juan Merchan, who previously scheduled sentencing for January 10, rejected the request, stating that Trump's motion repeated past arguments and emphasizing the need for finality in criminal proceedings. The judge noted he was not inclined to impose jail time, instead considering an unconditional discharge, which would mark a conviction without additional penalties.The case involves a $130,000 payment made by Trump's former lawyer, Michael Cohen, to adult film actor Stormy Daniels to silence her claims of an affair with Trump before the 2016 election—a claim Trump denies. Trump was found guilty in May 2024 on 34 felony counts of falsifying business records related to concealing this payment. His lawyers' appeals to dismiss the case, including citing the Supreme Court's ruling on presidential immunity for official acts, have been rejected as the charges pertain to Trump's personal conduct.Prosecutors argued against the delay, stressing the public interest in timely prosecution. This case marks the first time a U.S. president, sitting or former, has been convicted of a crime. Trump's legal team previously claimed that the case impedes his ability to govern, but the court maintained that upholding the jury's verdict is vital to the rule of law.Trump loses bid to delay sentencing in hush money case as he appeals | ReutersU.S. Steel and Nippon Steel have filed lawsuits against President Joe Biden's administration over its decision to block Nippon Steel's $14.9 billion bid to acquire U.S. Steel, alleging the national security review process was politically influenced. The companies claim Biden prejudged the outcome to gain political favor with the United Steelworkers (USW) union ahead of the presidential election, violating their right to a fair review. They seek a federal court's intervention to overturn the decision and enable a new, impartial review.The merger was controversial, with both Biden and former President Donald Trump opposing the deal to keep U.S. Steel American-owned. Biden's administration cited national security concerns, while the companies argue the Committee on Foreign Investment in the U.S. (CFIUS) failed to conduct a proper review. U.S. Steel and Nippon Steel also filed a separate lawsuit against rival Cleveland-Cliffs, its CEO, and the USW for allegedly colluding to block the deal and monopolize the domestic steel market.The lawsuits accuse CFIUS staff of barring negotiations on a security agreement and allege the review process was manipulated to align with Biden's predetermined opposition. Cleveland-Cliffs CEO Lourenco Goncalves and the USW deny the allegations, calling the lawsuits baseless. Despite Biden's decision, U.S. Steel's stock rose, as the company remains an attractive acquisition target amidst falling profits and revenues.U.S. Steel, Nippon sue Biden administration over decision to block merger | ReutersOn January 6, Congress officially certified Donald Trump's 2024 presidential election victory without objections, marking a stark contrast to the events of January 6, 2021, when a mob stormed the Capitol to disrupt the certification of Joe Biden's victory. Kamala Harris, the outgoing vice president and Trump's defeated Democratic opponent, presided over the ceremony, emphasizing the "sacred obligation" of the peaceful transfer of power in American democracy. Security at the Capitol was unprecedented, with heavy fortifications, bomb squads, snipers, and reinforcements from law enforcement agencies across the country. However, the atmosphere outside was calm due to a massive snowstorm that emptied the streets of Washington, D.C.During the session, Harris received state certifications of electoral votes and announced Trump's 312-vote victory total. Unlike the contentious 2020 certification process, no Democratic lawmakers objected. Trump decisively won both the popular vote and key swing states, defeating Harris, who had replaced Biden as the Democratic nominee after his withdrawal.The 2024 certification was designated a "national special security event," reflecting lessons learned from the violent 2021 attack. That event, which left numerous police officers injured and one dead shortly after, remains a symbol of threats to democracy. Trump, now reelected, has vowed to pardon those convicted in the 2021 Capitol attack, describing them as "patriots."Trump Declared Election Winner in Ceremony Four Years After Riot This is a public episode. 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US Steel and Nippon Steel have filed lawsuits in Washington in a bid to overturn last week's decision by the Biden administration to block their planned merger. In a scathing statement, the steelmakers accused the outgoing president of making the move for political gain. They also sued the USW union and rival bidder Cleveland-Cliffs, accusing them of colluding to kill the deal to try to monopolise the US steel industry. Also in this edition: a 276 kg bluefin tuna fetches €1.2 million at a New Year's auction in Japan. 

Daniel Bauder, President of the Philadelphia Council AFL-CIO, joined the America's Work Force Union Podcast to discuss his journey to becoming the fourth president in the labor council's history. He also discussed their canvassing efforts and the vital role he believes central labor councils hold in the future of organized labor. Pat Gallagher, President of the North Coast Area Labor Federation, joined the America's Work Force Union Podcast to discuss their canvassing campaign as the November election approaches and the engagement from Local affiliates. He also discussed Cleveland-Cliffs' acquisition attempt of Stelco.

Option trading podcast Episode 345 October 18, 2024 Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.   The topic of the week is thinking you know.   In this week's show, we will cover the trades from last week on Beyond Meat Inc, Cleveland Cliffs… Continue reading Episode 345 Option Trading Podcast October 18, 2024