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Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone. Paramount Global’s special committee and David Ellison’s…

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JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible

April 30, 2024

JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In…

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The new class war: A wealth gap between millennials

April 30, 2024

The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to…

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Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.

April 30, 2024

Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10% on Friday to their lowest level of the year. Although…

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Peacock raising prices by $2 ahead of the Summer Olympics as streaming wars rage on

April 30, 2024

NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of this summer’s Olympic Games in Paris as competition for online…

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Biden administration to require advanced safety tech on all new cars and trucks

April 30, 2024

The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking technology by the end of the decade. In…

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Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

April 29, 2024

Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated. The personal consumption expenditures price index…

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Patriots owner says ‘Jew hatred’ on U.S. college campuses parallels Germany in 1930s and ’40s

April 27, 2024

New England Patriots owner Robert Kraft said Thursday that the campus protests launched nationwide in response to Israel’s campaign in Gaza are another parallel of the lead-up to the Holocaust.…

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Open seating no more? Southwest CEO says airline is weighing cabin changes

April 27, 2024

Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told CNBC on Thursday, a shift that could be among the largest in the…

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All the data so far is showing inflation isn’t going away, and is making things tough on the Fed

April 27, 2024

The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good. In the aggregate,…

Popular Topics

Paramount and Skydance inch closer to a merger with one last big hurdle remaining

JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible

The new class war: A wealth gap between millennials

Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.

Peacock raising prices by $2 ahead of the Summer Olympics as streaming wars rage on

Biden administration to require advanced safety tech on all new cars and trucks

Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

Patriots owner says ‘Jew hatred’ on U.S. college campuses parallels Germany in 1930s and ’40s

Open seating no more? Southwest CEO says airline is weighing cabin changes

All the data so far is showing inflation isn’t going away, and is making things tough on the Fed