Economy

Kushner pulls firm's financing of Paramount's hostile bid for WBD

One of Jared Kushner’s firms announced on Tuesday that it is exiting the takeover battle for Warner Bros. Discovery, after previously helping finance Paramount Skydance’s bid to acquire the entertainment company.

Trump’s tariffs are choking small US manufacturers

EarthQuaker Devices has served Smashing Pumpkins, PJ Harvey and Radiohead but says tariffs add costs up to 30%

Warner Bros Discovery urges shareholders to reject Paramount’s $108.4bn takeover bid

After WBD accused Paramount of misleading investors, the network assured it had ‘all necessary financing’ for the deal

2 big unions balk at merger that would create first U.S. transcontinental railroad

Updated on: December 17, 2025 / 7:25 AM EST / CBS/AP

What to consider about mortgage rate locks now, according to experts

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Europe Is About To Commit Financial Self-Immolation & Its Leaders Know It

The modern global financial system rests on a single, unglamorous principle, that State assets held in foreign jurisdictions are legally immune from political confiscation.

Good, bad, and ugly jobs report

The top-line numbers of the jobs report released Tuesday are mixed. The 64,000 jobs added in November beat the 40,000 expected, but they came on the heels of a net loss of 105,000 jobs in October, which were due to scheduled buyouts of 162,000 federal government workers that month. The unemployment rate also inched up to 4.6% last month, demonstrating that this is not a completely healthy economy.

CNBC Daily Open: Beauty is in the eye of the U.S. jobs report beholder

Whether you're a bull or a bear, Tuesday's tea leaves will show you what you want to see — but beware confirmation bias.

FTSE 100 closes higher, leading European markets as UK inflation rate cools

European stocks finished broadly higher on Wednesday as investors geared up for central bank decisions.

The rural towns fighting for survival as New Zealand grapples with a growing exodus

Ruapehu is emblematic of question facing New Zealand: how to prevent rural regions – and the country at large - from hollowing out

Jared Kushner's Affinity Partners backs out of Paramount Skydance's hostile bid for Warner Bros. Discovery

December 16, 2025 / 8:07 PM EST / CBS News

Japan's exports record fastest growth in nine months, sharply beating expectations

The 6.1% growth topped expectations of an average 4.8% rise estimated by economists polled by Reuters, and was higher than the 3.6% seen in the previous month.