Cleveland-Cliffs on Monday said it agreed to buy Stelco Holdings in a cash-and-stock deal worth roughly $2.5 billion. The purchase price represents an 87% premium on Stelco's closing price of C$37.36 on the Toronto Stock Exchange on Friday. The transaction adds 1,800 United Steelworkers members to Cleveland-Cliffs' workforce. Cleveland-Cliffs (CLF)...

Cleveland-Cliffs To Buy Canadian Steelmaker Stelco for $2.5 Billion

Jan Kniffen, J Rogers Kniffen WWE CEO, joins 'Money Movers' to discuss the important retail story, whether any change in regulatory policy would filter down into retail, and who would be hurt by tariffs on imported goods from China.

Falling rates could spur activity in retail M&A space, says J Rogers Kniffen WWE CEO

Indiana State

Worker shortages have eased a bit, but companies still look closely at quality of life when choosing a location that will attract skilled employees. CNBC’s annual ranking of state business climates considers quality of life among ten categories of competitiveness. Quality of Life metrics include Crime, Child Care, Health...

These are America's 10 worst states for quality of life in 2024

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

This story is part of CNBC Make It's The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. Jay Chaudhry never thought he'd run a business, amass a fortune...

65-year-old quit his job and emptied his life savings to start a business—now he's worth $11 billion

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Pennsylvania State

Video shows the body of the alleged shooter on a building roof overlooking President Trump's Pennsylvania rally.

Video: Body of alleged shooter in Pres. Trump's assassination attempt found on roof

Markets Insider

The US is heading into a bankruptcy cycle that could spark more job losses, Danielle DiMartino Booth said. The veteran forecaster pointed to the rise in large bankruptcies so far this year. June could see a rise in large bankruptcies, raising unemployment, she predicted. A wave of large bankruptcies is...

The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says

This is CNBC's reporting from Saturday, July 13 of the assassination attempt against former President Donald Trump. Click here for the new Sunday July 14 blog and the latest updates. Former President Donald Trump has been released from the hospital after an assassination attempt at a Pennsylvania rally. Trump was...

Recap: Attempted assassination of Donald Trump at Pennsylvania rally

Edward Mills, Washington policy analyst and managing director at Raymond James, says Sen. JD Vance is someone who has "very much embraced the 'make America great again' agenda of former President Trump."

Trump presidency with JD Vance as running mate would mean much more aggressive China stance: Analyst

CNBC brings you fast, accurate, and actionable business news and market updates.

News Update – Late Morning

A number of startups are hoping to hoist tourists to the stratosphere using pressurized capsules and massive gas-filled balloons. CNBC spoke to three of them, France-based Zephalto, Florida-based Space Perspective and Arizona-based World View. The balloon trips wouldn't take passengers all the way into space but the companies said passengers would be able to experience the "overview effect," a common, highly emotional phenomenon felt by astronauts when they see the earth against the blackness of space.

High above the clouds — the rise of stratospheric balloon tourism

Brian Gardner, chief Washington Policy Strategist at Stifel, joins 'Fast Money' with the traders to discuss the latest headlines from the presidential election race.

What Trump’s VP pick means for the race and markets

California State

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Port Orchard, WA

Black Enterprise

A judge ruled McDonald liable for over $3 million and the DOJ says he could face up to 20 years in federal prison for each fraud count. Once a familiar face on CNBC as a financial analyst, James Arthur McDonald has found himself in the hands of law enforcement after he was arrested for fraud in Port Orchard, Washington, on June 15 after becoming one of the FBI’s Most Wanted for white-collar crimes.

FBI Search For Former CNBC Analyst James Arthur McDonald Comes To An End

San Francisco, CA

CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

CNBC TechCheck Evening Edition: July 15, 2024

CNBC's Eamon Javers joins 'Power Lunch' with breaking news from the RNC.

Trump's VP pick is Sen. JD Vance

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Fox Business

Expensive mortgages are the "No. 1 killer of the marketplace right now," says National Association of Home Builders CEO Jim Tobin, who signals home builders, buyers and sellers are "pulling back."

Homebuilder warns real estate market is becoming victim to its 'No. 1 killer'

NewsBreak

Cleveland-Cliffs CEO: Stelco Holdings purchase extends geography into business-friendly Canada

Cleveland-Cliffs CEO Lourenco Goncalves joins 'Money Movers' to...

Cleveland-Cliffs CEO: Stelco Holdings purchase extends geography into business-friendly Canada

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