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Paramount Skydance has agreed to pause its mega-merger with Warner Bros. Discovery until five days after the antitrust cases are ruled on, or until June 1, 2027, whichever comes sooner, the company said on Friday.Paramount is facing an antitrust lawsuit from 12 US states and a legal challenge from the Writers Guild of America.This decision means Paramount will almost certainly head to court to defend its deal to acquire WBD, unless settlements are reached. That will likely mean a delay of months.David Ellison’s media company had been hoping to close its WBD deal by mid-July. Paramount has agreed to pay…

I’m typically a Target shopper. But — even though most price discrepancies were mere pennies — they kept stacking in Walmart’s favor.Target certainly had merits, though, specifically with its impressive backpack, mechanical pencil, and pen selections. Plus, it had cheaper fashion folders and single-pack Post-it notes.However, Walmart offered equivalent or lower prices in just about every other category I assessed, both for its store-brand products and ones from recognizable names.Nevertheless, it’s important to consider that this is a limited view based on in-store prices at the time of my trips. Both stores were running major back-to-school sales (or “rollbacks” at…

New tariffs could be on the horizon — this time over Silicon Valley.Donald Trump said Friday his administration will open a trade investigation into the European Union after regulators fined Google about $1 billion, a probe that could pave the way for steep new tariffs on the bloc.In a Truth Social post, Trump said that the EU unfairly targets American technology companies and said the US would immediately launch a Section 301 investigation into what he described as discriminatory treatment of US businesses.”The European Union is at it again and, as usual, taking direct aim at GREAT American Companies!” Trump…

Five months after packing two giant suitcases and boarding a one-way flight from Wisconsin to Los Angeles, my boyfriend told me he was leaving the city I had relocated to for him.In just a moment, I realized I was alone in one of America’s biggest cities, wondering if I had made the right choice.After securing a job, I moved to Los Angeles for my first love A promising relationship and new job were the final pushes I needed to head to Los Angeles.  Valeria Venezia/Getty Images As cliché as it sounds, I was a small-town Midwesterner who had dreams of…

Sundar Pichai, CEO of Alphabet, Satya Nadella, CEO of Microsoft, Andy Jassy, CEO of Amazon and Mark Zuckerberg, CEO of Meta.Damian Lemanski | David Ryder | Bloomberg | Getty Images | CNBC | Manuel Orbegozo | ReutersThe race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the free cash flow and increasing balance-sheet risk at so-called hyperscalers, warned Moody’s Ratings.In a research note released this week, Moody’s said that the spending surge is forcing even the world’s most cash-rich corporations like Alphabet and Microsoft to lean heavily on debt, stock sales and off-balance-sheet moves to fund…

Student-loan forgiveness is finally here for thousands of borrowers.A federal court denied the Department of Education’s request to delay student-debt relief for borrowers entitled to relief under the Sweet vs. McMahon settlement. The settlement has allowed for $23 billion in relief for over 500,000 borrowers defrauded by their schools.It was reached in 2022 under the Biden administration, and while batches of borrowers have received relief, thousands more have been waiting. The court’s latest decision led to automatic relief for an additional 170,000 borrowers, according to the Project on Predatory Student Lending, an advocacy group representing borrowers in this case.Student-loan borrowers…

A customer shops for cilantro at a Walmart Supercenter on July 23, 2026 in Austin, Texas. Brandon Bell | Getty ImagesThe nation’s largest multistate outbreak of cyclosporiasis linked to shredded iceberg lettuce has expanded to nine states, the Centers for Disease Control and Prevention said Friday.The four newly linked states – Illinois, Kansas, Oklahoma and Pennsylvania – join Indiana, Kentucky, Ohio, West Virginia and hard-hit Michigan. Cyclospora is a microscopic parasite that typically infects people through contaminated food or water and causes cyclosporiasis, a gastrointestinal illness that can result in symptoms including severe diarrhea. Patients can require hospitalization, but no deaths…

The fees on your next DoorDash order could change depending on the size of your order or how far your delivery worker has to travel.DoorDash is overhauling the way it charges customer fees, the company said on Thursday. It plans to roll out the new fee structure across most of the US over the coming months.Under the new system, the service fee customers pay can vary more, depending on factors such as the size of an order and the distance to the store or restaurant. Orders that require trips of more than 10 miles may still incur a separate long-distance…

Investors are expecting the Federal Reserve to raise interest rates at its September meeting, but one chief economist says a hike could be coming a lot sooner than that.Neil Dutta, the chief economist at Renaissance Macro Research, thinks the market could be in for a surprise hike at the Fed next meeting, which kicks off on July 28.”You must pick your spots against the consensus, and I feel like this might be one of those times,” Dutta wrote in a July 22 client note titled “Why not a hike now?”Dutta said it’s “obvious” that a hike is coming at some…

Hustling for work experience and learning from coworkers has been key to building a successful career for decades. Mark Cuban says that’s bound to change.The tech billionaire and former “Shark Tank” investor said in an X post on Thursday that he expects the “next great AI application” to be a “job simulator.””How employees gain experience in a future AI world is going to be far different from today,” he wrote. “Employees won’t have as many touch points in the company to gain knowledge and experience from. That’s where judgement has historically come from.”Cuban predicted that “much like race car drivers…