Top RV News: DEC 18, 2023
US Steel to be Acquired for $14.1 Billion by Nippon Steel
U.S. Steel, the?Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion, according to an Associated Press report.
The transaction is worth about $14.9 billion when including the assumption of debt.
The price tag for U.S. Steel is nearly double what was offered just four months ago?by rival Cleveland Cliffs. U.S. Steel, which rejected that offer, confirmed the offering price from Nippon early Monday.
Fed on Cusp of Beating Inflation Without a Steep Recession
WASHINGTON — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep recession that many economists had predicted would accompany it, according to an Associated Press report.
Inflation has been falling more or less steadily since peaking in June of last year at 9.1%. And when the Fed’s preferred inflation gauge for November is reported next week, it’s likely to show that in the past six months, annual inflation actually dipped just below the Fed’s target of 2%, economists at UBS estimate.
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Four Wheel Campers Puts Truma On Board for New Models
ELKHART, Ind. – Truma VarioHeat and Truma AquaGo are going off the beaten path with Four Wheel Campers, according to a release. The California-based manufacturer offers a wide range of customizable pop-up campers for pick-up trucks designed to go anywhere. Now, Four Wheel Campers customers who opt for a furnace or water heater in their build will be taking Truma on board for their adventures.
“We’ve been listening to our customers, and we are driven to provide a better camping experience. Truma VarioHeat and AquaGo offer comfort and reliability beyond anything we’ve ever put in a Four Wheel Camper,” said Dan Welty, president of Four Wheel Campers.
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