1. Biden: US Steel sale merits 'serious scrutiny'
President Joe Biden wants regulators to take a close look at Nippon Steel's planned acquisition of U.S. Steel, the White House said Thursday. Steelworkers and some lawmakers on Capitol Hill have expressed alarm over the proposed $14 billion, all-cash deal to sell U.S. Steel, which was founded in 1901 by J.P. Morgan and Andrew Carnegie, to the Japanese company. Lael Brainard, the director of the National Economic Council, said in a statement that Biden "believes the purchase of this iconic American-owned company by a foreign entity — even one from a close ally — appears to deserve serious scrutiny in terms of its potential impact on national security and supply chain reliability." The Associated Press
2. Honda recalls 2.5 million US vehicles
3. Mortgage rates fall to lowest level since June
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4. Stock futures fall slightly
5. Traffic to resume through Channel Eurotunnel after day-long strike
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