Justice Department clears way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Pentagon adds Alibaba, others to list of Chinese companies that can’t get U.S. defense contracts
The Pentagon has added several prominent Chinese businesses, including tech giant Alibaba, to its list of Chinese military companies, keeping them from getting U.S. defense contracts.
Employers added 172,000 jobs in May, surging past expectations as labor market remains resilient
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Trump to announce $700 million investment in new coal plants and export terminal
The money is expected to fund new and existing coal plants, as well as an export terminal in California.
Treasury Department is weighing a $250 bill with Trump’s image
The department said it is preparing for the banknote in response to legislation proposed last year.
Kevin Warsh is now leading the Fed. His main challenge is a doozy.
Warsh is taking over as Fed chair as the U.S. faces the hottest inflation in years, impeding the interest rate cuts that President Trump has demanded.