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Warner Bros. Discovery has formally declared Paramount Skydance’s latest takeover proposal a “superior” offer to its existing deal with Netflix, escalating one of the most dramatic bidding wars Hollywood has seen in years. The determination prompted Netflix to withdraw...

Federal health care spending has reached a historic turning point. It is now the single largest category of federal expenditures, having surpassed other spending categories including Social Security, national defense, and interest payments made to chip away at the...

It’s been a bad few months for Bitcoin, as prices have fallen over 40% since October. For investors this has been especially frustrating since, unlike in previous downturns, there has no obvious explanation for the market malaise. This week,...

With warnings of a white-collar “jobpocalypse” growing louder, the outlook for Gen Z college graduates can seem bleak. Among aspiring tech workers in particular, the anxiety has been especially intense. Coding tasks once left to junior developers can now...

The Justice Department said Wednesday that it was looking into whether it had improperly withheld documents from the Jeffrey Epstein files after several news organizations reported that some records involving uncorroborated accusations made by a woman against President Donald Trump were...

For pranksters of a certain age, Fraser Smeaton is a hero. With his brother, Ali, and former roommate, Gregor Lawson, the Scottish business leader is the founder of Morph Costumes. Morph is a UK costume company that launched a...

As artificial intelligence (AI) threatens the white-collar job market and the cost of living continues to skyrocket, and while doomsday essays about white-collar job loss go viral—including those by Citrini Research and by Matt Shumer—a top global strategist has...

Did you know Walmart’s advertising business accounted for about 30% of the company’s operating profit last year? Did you even know that Walmart has an advertising business?That stunning fact, unknown to many people (including me), exemplifies the conclusion of...

Nvidia CEO Jensen Huang’s comments on his company’s Q4 earnings call on Wednesday may one day be remembered as the peak of the AI bubble—the classic moment that occurs in every bubble when hubris and self-delusion overtake common sense.For...

Once again, Nvidia CEO Jensen Huang had a simple response for investors who are worried that the AI spending race might be overblown.During the $4.8-trillion-valuation chip supplier’s earnings call on Wednesday, analysts pressed Huang on whether major cloud...