Treasury Secretary Scott Bessent said he expects the U.S. to end the year with a better-than-expected 3% gross domestic product (GDP) growth. Bessent appeared Sunday on CBS News’ “Face the Nation” and was asked by host Margaret Brennan about whether President Donald Trump was wrong to predict this spring that Americans…

Anxiety has given way to hope on Wall Street. Stocks are back near records, recovering from a slump spurred by fears that the excitement about the artificial-intelligence boom has outstripped the potential profits.Optimism about AI has proved durable. But other important factors are also powering gains. Here’s a look at…

Shake Shack is closing up its shop inside San Francisco’s largest mall as new owners take over the beleaguered property.  A Nov. 25 filing with state labor officials revealed that the fast-food chain will permanently close its location inside the Westfield San Francisco Centre on Market Street on Dec. 14,…

President Donald Trump raised antitrust concerns over the proposed Netflix takeover of Warner Bros. Discovery on Sunday, warning that the combined market share could be a problem. Netflix on Friday agreed to acquire Warner Bros. Discovery’s film and television studios and streaming platform, HBO Max, in a cash-and-stock deal valued at…

Paramount, a Skydance Corporation, announced Monday it has launched an all-cash tender offer to acquire the outstanding shares of Warner Bros. Discovery for $30.00 per share in cash, with the company suggesting it’s a “superior” offer than the recently announced Netflix deal. Paramount’s proposed transaction is for the entirety of WBD, including the Global Networks…

The Senate is readying for an antitrust hearing following the announcement of a blockbuster, multibillion-dollar merger between Netflix and Warner Bros. Discovery. Sen. Mike Lee, R-Utah, who chairs the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, announced that a hearing on the streaming giant’s $82.7 billion acquisition…

Federal Reserve policymakers are expected to cut interest rates at this week’s meeting despite inflation remaining above their target amid concerns about a softening labor market. The Federal Open Market Committee (FOMC), the central bank’s monetary policy-setting committee, will announce its interest rate decision on Wednesday. Markets widely expect a…

Artificial intelligence isn’t just reshaping corporate America – it could also change how companies hire seasonal workers.  ReverseLogix CEO Gaurav Saran is helping a growing list of retailers make their returns process more efficient by automating the process through a single platform. The cloud-based, end-to-end returns-management platform, according to Saran,…

America’s ability to compete in the global artificial intelligence (AI) race may depend less on computing power and more on the energy required to sustain it. “The AI race is definitely an energy race, and one of the things that we’ve said is that in order to win the AI…

Google has unveiled its Year in Search 2025, spotlighting the events, people and pop-culture moments that prompted the biggest spikes in search interest. Charlie Kirk topped this year’s list as the No. 1 trending search in the U.S. The Turning Point USA founder was shot and killed while speaking at…