Adam Mosseri, the head of Instagram, is expected to take the witness stand on Tuesday in a high stakes federal trial in Oakland, California. The proceedings center on allegations from…
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Stocks
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Zillow has reached a formal settlement with the Federal Trade Commission to resolve an antitrust lawsuit centered on allegations that the real estate giant paid its competitor, Redfin, to exit…
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California Attorney General Rob Bonta abruptly canceled a planned meeting with Paramount Skydance on Monday, accusing the media giant of playing games during ongoing negotiations. The clash follows a series…
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Stocks
Paramount, California AG to meet over possible settlement in $110B Warner Bros Discovery merger lawsuit
by adminLawyers for Paramount and representatives from California Attorney General Rob Bonta’s office are expected to sit down this Monday to explore a potential resolution regarding the massive one hundred ten…
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Stocks
‘The U.S. is not the only game in town anymore’ — Treasury debt faces more competition from higher-yielding bonds overseas than in recent decades
by adminFor decades, the United States Treasury market functioned as the default destination for the world’s largest investors. Because other countries offered negligible returns, pension funds and insurance companies essentially had…
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Stocks
Paramount, California AG office reportedly plan to meet Monday to discuss settling WBD lawsuit
by adminRepresentatives from Paramount and Skydance are expected to sit down with the California attorney general’s office this Monday to explore a possible settlement regarding an antitrust lawsuit. This move comes…
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Stocks
Bessent’s bond gambit aimed at calming markets is instead stirring inflation worries
by adminTreasury Secretary Scott Bessent attempted to soothe a jittery government debt market this week, but his strategy appears to have backfired, triggering fresh anxiety over inflation. In a bid to…
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Stocks
Why Treasury Secretary Bessent’s moves to calm the bond market haven’t worked so far
by adminTreasury Secretary Scott Bessent is finding out the hard way that calming the bond market requires more than just adjusting a few levers at the Treasury Department. Despite a surprise…
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Moderna experienced a sharp correction on Thursday, erasing more than 18 billion dollars in market valuation just one day after its stock had skyrocketed to record heights. The plunge saw…
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Arturo Bejar stepped out of the Ronald V. Dellums Federal Building and United States Courthouse this week after delivering scorching testimony in a landmark trial against Meta. A former engineer…
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Homeowners are rethinking their renovation plans as skyrocketing property values and stubborn mortgage rates make large scale remodeling too expensive for many. According to recent financial reports from Home Depot,…
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