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Retail sales in US rebound less than expected in February
Retail sales in US rebound less than expected in February
Economy
by  AFP

US consumer spending warmed slightly in February, according to government data released Thursday, with retail sales regaining ground after an earlier hit from cold weather. He added that sales of building materials and autos drove the February rebound after weather disruptions in January.

Biden opposes Nippon Steel takeover of US Steel
Biden opposes Nippon Steel takeover of US Steel
Economy
by  AFP

President Joe Biden said Thursday he is against the proposed sale of US Steel to Japan's Nippon Steel, as election year considerations appeared to outweigh the risk of angering key ally Japan. - 'Horrible' - But the proposed sale has become an election-year football in the United States.