Esmark Offers to Buy US Steel, Thwarting Cliffs
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Bloomberg News Bloomberg News Metals & Agriculture Americas Deputy Team Leader Joe Deaux reports on United States Steel fielding a takeover bid from Esmark after rejecting an offer from rival Cleveland-Cliffs. Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explains why the bond market sees no end to tumult as Fed casts a hawkish shadow. Bryce Maddock, CEO at TaskUs, discusses the growing need for content moderation sparked by Generative AI. And we Drive to the Close with Katy Kaminski, Chief Research Strategist at AlphaSimplex Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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