President Joe Biden has decided to block Nippon Steel’s acquisition of U.S. Steel, a move that has sparked controversy over its impact on U.S.-Japan relations and national security.

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Chinese leader Xi Jinping used his New Year’s address to project confidence amid Beijing’s economic challenges and growing tensions with the U.S., emphasizing resilience and a commitment to overcoming adversity.

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Pan African Resources Plc has emerged as South Africa's best-performing miner this year, challenging the nation's reputation for expensive and declining gold production.

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US stocks ended Friday with losses, capping a sluggish week despite a year of historic highs, as the Dow fell 333 points (0.78%), the S&P 500 dropped 1.1%, and the Nasdaq Composite declined 1.5%.

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AT&T and Verizon have confirmed being targeted by the China-linked Salt Typhoon hacking operation, which aimed to extract intelligence on foreign political and intelligence figures.

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Iron ore prices dropped below $100 a ton, hitting their lowest level in over five weeks, amid concerns about China's economic weakness.

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Netflix's first major foray into live sports broadcasting with two NFL games on Christmas Day showcases its ambition to expand into live events.

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Both U.S. coasts are facing severe weather ahead of Christmas, with snow on the East Coast and storms on the West Coast, potentially disrupting holiday travel, though conditions are expected to improve by Christmas Day.

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The Santa Claus rally, a historically favorable period for stock market returns around the holidays, officially began Tuesday, encompassing the final five trading days of the year and the first two of the next.

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Nordstrom announced plans to go private after 53 years as a public company, with the Nordstrom family regaining majority control through a deal involving Mexican retail chain El Puerto de Liverpool.

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The FDA has approved Zepbound, developed by Eli Lilly, as the first prescription medication to treat moderate-to-severe obstructive sleep apnea in adults with obesity, marking a significant milestone for the company.

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Party City announced it is closing operations immediately, with corporate employees’ last day of employment on Friday and no severance pay or continued benefits.

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