ABC Business

Bids for Warner Bros. Discovery face uncertain Trump approval process, some experts say

Thursday, December 11 by ABC News

(NEW YORK) -- Paramount launched a hostile bid for Warner Bros. Discovery this week, just days after Netflix struck a deal to acquire the legacy media company.The rival multi-billion dollar efforts to purchase streaming platform HBO Max and movie studio Warner Bros., among other... Read More.

Divided Fed set to announce decision on interest rates

Wednesday, December 10 by ABC News

(WASHINGTON) -- The Federal Reserve is set to announce its latest adjustment of interest rates on Wednesday, potentially slashing borrowing costs for the third time this year in an effort to boost sluggish hiring.Top officials at the Federal Reserve have displayed a rare degree... Read More.

Paramount launches hostile bid for Warner Bros. Discovery

Monday, December 8 by ABC News

(NEW YORK) -- Paramount said Monday it is making a bid to acquire Warner Bros. Discovery, swooping in just days after Netflix announced a $83 billion deal to purchase a large part of the media giant.Warner Bros. Discovery (WBD) shareholders would be... Read More.

Will AI ever make big profits? Experts weigh in as bubble fears loom

Friday, November 28 by ABC News

(NEW YORK) -- Fears of an artificial intelligence bubble have rattled the stock market in recent weeks and set off concern among critics about a wider risk to the U.S. economy.A surge of AI spending accounted for roughly two-thirds of gross domestic product growth... Read More.

Black Friday online shopping expected to hit record high, data shows

Friday, November 28 by ABC News

(NEW YORK) -- Online shoppers set a record high on Thanksgiving, paving the way for gangbusters performance on Black Friday, Adobe data showed.Digital spending on Thanksgiving jumped 5% from a year earlier, totaling $6.4 billion and exceeding Adobe's expectations, the firm said.The company also... Read More.

Gas prices near lowest level in 4 years ahead of Thanksgiving

Tuesday, November 25 by ABC News

(NEW YORK) -- Gas prices stand close to their lowest level in four years as tens of millions of people prepare to travel over the Thanksgiving holiday.The national average for a gallon of gas on Monday tallied at $3.07, which amounts to a slight... Read More.

Nvidia defies AI bubble fears but some analysts remain worried

Saturday, November 22 by ABC News

(NEW YORK) -- Blockbuster earnings from chip giant Nvidia this week appeared to rebuke concerns about an artificial-intelligence bubble, briefly ending a days-long slump in the stock market."It's fair to say that Nvidia's results have completely changed the market mood and pushed out any... Read More.

Stocks rally after blockbuster Nvidia earnings, jobs report

Thursday, November 20 by ABC News

(NEW YORK) -- Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report.The Dow Jones Industrial Average jumped nearly 600 points, or 1.2%, while the S&P 500 climbed 1.8%. The tech-heavy... Read More.

Jobs report blows past expectations, defying hiring slowdown

Thursday, November 20 by ABC News

(NEW YORK) -- Employers hired far more workers than expected in September, defying a sharp slowdown over the summer that appeared to cool off the labor market.The U.S. added 119,000 jobs in September, according to data from the U.S. Bureau of Labor Statistics. That... Read More.

Long-delayed jobs report to show hiring amid wobbly economy

Thursday, November 20 by ABC News

(NEW YORK) -- A long-awaited jobs report to be released on Thursday will offer the latest look at the health of the labor market at a fraught moment for the U.S. economy.Hiring slowed sharply over the summer, before a government shutdown paused the release... Read More.

Bids for Warner Bros. Discovery face uncertain Trump approval process, some experts say

Divided Fed set to announce decision on interest rates

Paramount launches hostile bid for Warner Bros. Discovery

Will AI ever make big profits? Experts weigh in as bubble fears loom

Black Friday online shopping expected to hit record high, data shows

Gas prices near lowest level in 4 years ahead of Thanksgiving

Nvidia defies AI bubble fears but some analysts remain worried

Stocks rally after blockbuster Nvidia earnings, jobs report

Jobs report blows past expectations, defying hiring slowdown

Long-delayed jobs report to show hiring amid wobbly economy

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