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Paramount rips Warner’s sale ‘process’ as it reveals 2-year-long pursuit and escalating bids before going hostile | Fortune

Paramount Skydance’s tender offer for Warner Bros. Discovery emerged from months of fitful courtship, a shifting media landscape, and a high‑stakes bidding war that ultimately pitted the studio behind “Top Gun: Maverick” against streaming giant Netflix for control of...

Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind | Fortune

Older Americans may be trading in hustling for retirement, but that hasn’t stopped them from getting richer.Baby boomers now hold a record high of the United States’ wealth, Apollo chief economist Torsten Slok noted in a Sunday blog post,...

Health insurance premiums rose nearly 3x the rate of worker earnings over the past 25 years

Health insurance premiums in the U.S. significantly increased between 1999 and 2024, outpacing the rate of worker earnings by three times, according to our newly published research in the journal JAMA Network Open.Premiums can rise...

Netflix-Warner deal would drive streaming market further down the road of ‘Big 3’ domination

When it comes to major U.S. industries, three tends to be the magic number.Historically, auto manufacturing was long dominated by Chrysler, Ford and General Motors – the so-called “Big Three,” which at one point controlled...

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

What’s the point of monetary policy?For most of us, the main impact tends to be how much we have to pay to borrow to buy a house or car. But for the Federal Reserve, the...

The science behind failing up in corporate America | Fortune

History is crowded with CEOs who have flamed out in very public ways. Yet when the reckoning arrives, the same question often lingers: How did this person keep getting promoted? In corporate America, the phenomenon is known as “failing up,” the...

Binance has been proudly nomadic for years. A new announcement suggests it has finally chosen a headquarters | Fortune

For years, Binance has dodged questions about where it plans to establish a corporate headquarters. On Monday, the world’s largest crypto exchange made an announcement that indicates it has chosen a location: Abu Dhabi, the capital of the United...

Trump says Netflix-Warner Bros. deal ‘could be a problem’ | Fortune

President Donald Trump raised potential antitrust concerns for Netflix Inc.’s planned acquisition of Warner Bros. Discovery Inc., noting that the market share of the combined entity may pose problems. “Well, that’s got to go through a process, and we’ll see...

OpenAI goes from stock market savior to burden as AI risks mount | Fortune

Wall Street’s sentiment toward companies associated with artificial intelligence is shifting, and it’s all about two companies: OpenAI is down, and Alphabet Inc. is up.The maker of ChatGPT is no longer seen as being on the cutting edge of...

Leaders in Congress outperform rank-and-file lawmakers on stock trades by up to 47% a year, researchers say | Fortune

Stocks held by members of Congress have been beating the S&P 500 lately, but there’s a subset of lawmakers who crush their peers: leadership.According to a recent working paper for the National Bureau of Economic Research, congressional leaders outperform...
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Pakistan’s military sentences former spy chief Faiz Hameed to 14 years in jail

Pakistan's former spy chief has been sentenced to 14 years in prison by a military court, on charges including...
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