China produces about half of the world’s steel and sells it for less than half what U.S.-produced steel costs, administration officials said.
https://fortune.com/2024/04/17/biden-us-steel-totally-american-china-tariffs-aluminum/
The soft landing is still on because spikes in inflation were a blip and the job market isn’t seeing many layoffs, Goldman’s chief economist says.
https://fortune.com/2024/04/17/goldman-sachs-federal-reserve-inflation-recession-soft-landing/
Salman Rushdie was hunted by Iran for decades over his controversial novel. He just published another book.
https://fortune.com/2024/04/17/salman-rushdie-censorship-book-bans-knife-attack/
Redfin’s Glenn Kelman discusses his business, salary, and all things housing with Fortune.
https://fortune.com/2024/04/17/housing-market-economy-booming-housing-recession-redfin-ceo/
Singapore’s government joins other forward-thinking countries like the U.K. in mandating companies take flexible-work requests seriously.
https://fortune.com/2024/04/17/four-day-workweek-signapore-ministry-manpower-flexible-work/
The FAA’s grounding of the Boeing 737-9 Max after a door-plug blowout cost United $200 million.
https://fortune.com/2024/04/17/united-airlines-boeing-200-loss-earnings-profitable/
End the cycle of high-interest debt with these proven strategies.
“It makes little economic sense to ramp up construction on homes that won't be sold in the near future,” one engineer said.
https://fortune.com/2024/04/17/high-mortgage-rates-home-construction-builders/
It’s “slower than long-term norms but a welcome slowdown for first-time buyers compared to the rapid appreciation seen over the pandemic,” Zillow said.
https://fortune.com/2024/04/17/zillow-home-price-forecast-housing-market-mortgage-rates/
By investing in computing power, opening up data assets, and creating a market for AI services, the U.K. can establish itself as a true AI superpower.