City Pittsburgh Financial News

US Steel in a $14.1 billion deal. This marks a significant development in the ongoing decline of the iconic 122-year-old company, which was once the world's largest and a symbol of American industrial strength. Despite being an early major conglomerate, it has given its position as the largest US steelmaker to Nucor Steel in recent years.

Investing.com — Markets are entering the closing weeks of 2023 after Federal Reserve Chair Jerome Powell said the historic tightening of monetary policy is likely over and discussion of rate cuts is coming «into view». Investors will get a final update on U.S. inflation for this year, while the Bank of Japan may be inching toward a long-awaited policy pivot. Here’s what you need to know to start your week.

The Social Security Administration adjusts its benefits payments each year to reflect changes in the cost of living

Three members of Congress are asking the U.S. Justice Department to investigate how hackers breached a water utility system near Pittsburgh

Kraft Heinz says it’s bringing dairy-free macaroni and cheese to the U.S. for the first time

White House has issued a response to Elon Musk's recent amplification of a Twitter post that allegedly propagated an antisemitic conspiracy theory. White House spokesman Andrew Bates stated that repeating the appalling falsehood associated with the most egregious act of antisemitism in American history is unacceptable, especially just one month after the deadliest day for the Jewish people since the Holocaust. Bates was specifically referencing the 2018 Tree of Life synagogue shooting in Pittsburgh and the October 7 Hamas attack on Israel. Bates added that White House condemns the abhorrent promotion of antisemitic and racist hate in the strongest terms, which runs against the core values of Americans.” “You have said the actual truth,” Musk responded.

Kestra Private Wealth Services has added two teams to its network, with a combined $850 million in client assets.

About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period

The principal membership organization and trade association for certified financial planners has a new president-elect and treasurer for the coming year. The Financial Planning Association announced Wednesday that its board elected Paul Brahim as 2024 president-elect. Brahim’s one-year term is slated to start Jan. 1.

Kraft Heinz is recalling more than 83,000 cases of individually-wrapped Kraft Singles American processed cheese slices because part of the wrapper could stick to the slice and become a choking hazard

ABC will be airing more “Monday Night Football” games than originally planned

G20 countries on Saturday committed to expedite efforts to phase down unabated coal power in line with national circumstances and uphold their 2009 promise made in Pittsburgh to eliminate and rationalise inefficient fossil fuel subsidies.

(Reuters) — Founders behind defunct self-driving startup backed by Ford (NYSE:F) and Volkswagen (ETR:VOWG_p) launched a new autonomous trucking firm, Stack AV, on Thursday with investment from Japan's SoftBank (TYO:9984) Group.

WWE Smackdown in Hershey, John Cena made a grand entrance to a roaring ovation from the crowd. The former 16-time WWE World Champion, known for his charisma and in-ring prowess, has exciting news for wrestling fans. Cena himself has confirmed his presence as the host of WWE Payback, an announcement that left fans buzzing with anticipation. But hosting a WWE event is a role he openly admitted he isn't accustomed to. During his Smackdown promo, Cena took a moment to express his heartfelt gratitude to the WWE Universe. He acknowledged the unwavering love and support he has received from fans over the last two decades, emphasizing his intention to reciprocate the goodwill by saying «thank you» in his own way throughout his appearances.

Gilded Age." The show will return on October 29 at 9 p.m. ET/PT and will be accessible for streaming on HBO Max. Alongside this news, HBO has unveiled the initial teaser trailer for the upcoming season.

Snoop Dogg concert in Houston, causing 16 individuals to be taken to nearby hospitals. The event took place at the Cynthia Woods Mitchell Pavilion and temperatures reached 104 degrees during the day. Around 35 people displayed signs of heat-related issues and were assessed at the venue. An additional group of more than 12 individuals were sent to hospitals from the concert site. Misti Willingham, the public information officer of Montgomery County Hospital District, stated that the MCHD EMS took these 16 adults to hospitals in stable condition. Due to the ongoing effects of global climate change contributing to an exceptionally hot summer, the local fire department was deployed to the scene as a precaution. The fire department's intervention was considered an effective measure when enacted early. The Atascocita Fire Department shared that they were assisting overheated concert goers at the Snoop Dogg show through a tweet during the event. Snoop Dogg is currently touring with Too $hort and Wiz Khalifa on the High School Reunion tour. Their next stop is scheduled for the Isleta Amphitheater in Albuquerque, NM on August 22. This occurrence is part of a series of heat-related incidents this summer. In a previous incident, during an Ed Sheeran concert in Pittsburgh on July 8, 17 people were hospitalized due to heat-related illnesses. Moreover, Jason Aldean had to cut short the start of his Highway Desperado Tour on July 15 in Hartford, CT, due to dehydration and heat exhaustion.

National Association of Home Builders CEO Jim Tobin explains how local governments have tied up housing construction projects.

CHICAGO—DaJuan Robinson was remodeling a house on the South Side, not far from the University of Chicago, when he spotted a vacant lot two doors away. He thought it might be worth developing. Then he learned about the back taxes, unpaid water bills and other hurdles that would take too much time and money to clear.

Researchers in heavily drilled Pennsylvania are adding to a body of evidence suggesting links between the natural gas industry and certain health problems

Researchers in heavily drilled Pennsylvania are preparing to release findings from taxpayer-financed studies on possible links between the natural gas industry and pediatric cancer, asthma and poor birth outcomes

The White House is taking on “junk fees,” those extra charges tacked on to plane tickets, hotel rooms, hospital bills and more