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US steel customers ‘spooked’ by ‘tariff warfare’, Tata Steel says

Huw Thomas Business correspondent, BBC Wales Getty Images US tariffs on imported steel and aluminium have “spooked” customers of British steel, according to Tata Steel UK. Chief executive Rajesh Nair told MPs some American customers were seeking other suppliers to avoid “tariff warfare”. Tata Steel operates the UK’s largest steelworks in Port Talbot and exports […]

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Mortgage Giants Fannie Mae and Freddie Mac Brace for Job Cuts

The newly appointed head of one of the nation’s top housing regulators tightened his grip on the agency with a major board shake-up on Monday at two government-controlled mortgage finance firms. William Pulte, the director of the Federal Housing Finance Agency, ousted 14 board members at Fannie Mae and Freddie Mac and named himself chairman […]

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Key changes to benefits in welfare shake-up

Brian Wheeler Political reporter PA Media The government has announced plans for major changes to the benefits system aimed at cutting the growing amount the UK spends on welfare. Stricter tests for personal independence payments (Pips) Pip is paid to people in England and Wales who have difficulty completing everyday tasks or getting around as […]

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Yoga mats and VR headsets used to measure cost of living

Kevin Peachey Cost of living correspondent Getty Images Yoga mats are in, while modern technology also gets a new representation Some may use yoga mats and virtual reality headsets to mentally escape the daily grind but now statisticians are using them to chart the rising cost of living. Both items have made their way into […]

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Book Review: ‘Abundance,’ by Ezra Klein and Derek Thompson

ABUNDANCE, by Ezra Klein and Derek Thompson In 1833, John Adolphus Etzler, a German engineer who immigrated to Pittsburgh, announced that earthly paradise was suddenly in reach. Economic growth and modern technology were changing everything. Coal might run out, but humanity would harness wind, tidal and solar power. A trillion or more people could call […]

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