Apr 23 Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant By Wyatte Grantham-Philips, Associated Press HBO Max, cult-favorite titles like “Harry Potter” and even CNN could soon find themselves under the same roof with CBS, “Top Gun” and the Paramount+ streaming service. But the deal still faces ongoing regulatory reviews, including from the U.S. Department… Continue reading
Apr 22 Trump Media replaces Nunes as Truth Social CEO after stock plunge that wiped out billions By Bernard Condon, Associated Press The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth. Continue reading
Apr 22 WATCH: Bessent testifies on Trump's Treasury Department budget request before Senate committee By Associated Press Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. Continue reading
Apr 21 Approval of Trump on economy falls in new AP-NORC poll, as Iran war drives up prices By Josh Boak, Linley Sanders, Associated Press, Jesse Bedayn, Associated Press/ Report for America The findings from The Associated Press-NORC Center for Public Affairs Research show a president who is struggling with unfulfilled promises to tame inflation and testing Americans’ patience with a conflict in the Middle East that has dragged on longer than expected. Continue reading
Apr 21 Retail sales up a sharp 1.7% in March from February driven by a spike in gas prices due to the Iran war By Anne D'Innocenzio, Associated Press Excluding gas prices, the growth was a slim 0.6%, helped in part by government tax refunds and warm weather. Continue reading
Apr 21 WATCH: Kevin Warsh testifies in Senate Banking confirmation hearing for Fed chair By Christopher Rugaber, Associated Press President Donald Trump’s nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so. Continue reading
Apr 20 Oil prices rise and stocks give back part of record-breaking rally following latest Iran tensions By Stan Choe, Associated Press Oil prices are climbing following the latest rise of U.S.-Iran tensions, but the moves are more modest than they were earlier in the war. Continue reading
Apr 19 Canada's prime minister says economic connection to the U.S. has shifted from a strength to a weakness By Jim Morris, Associated Press Prime Minister Mark Carney said tariffs imposed by U.S. President Donald Trump have impacted workers in such major industries as auto and steel and prompted businesses to hold back investments. Continue reading
Apr 18 Federal judge blocks Nexstar-Tegna merger until antitrust lawsuit is resolved By Rebecca Boone, Associated Press Nexstar’s attorneys say the deal has already been vetted and approved by the Federal Communications Commission and the Department of Justice. Continue reading
Apr 17 Oil prices plummet as Wall Street rallies to new record following Strait of Hormuz reopening By Stan Choe, Associated Press Oil prices are falling by more than 10%, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude… Continue reading