Warner Bros. Discovery Inc. plan to offer live sports at no additional cost on its Max streaming service for a limited period of time later this year, betting basketball, baseball and hockey will lure new customers, according to people familiar with the matter.
The US economy has been looking so solid lately that Federal Reserve officials will probably need to double their projection for growth in 2023 when they publish an updated outlook later this month.
Consolidation in the US banking sector is likely to be stymied by high interest rates and regulatory pressures, according to Citizens Financial Group Inc. Chief Executive Officer Bruce Van Saun.
Bank of England Governor Andrew Bailey suggested UK interest rates may not have to rise any further, saying a “marked” drop in inflation is likely this year and that monetary policy is probably “near the top of the cycle.”
A federal judge ruled that Donald Trump is liable for defaming E. Jean Carroll while he was president, meaning a jury at a January trial will only need to decide what damages the former president must pay for calling her a liar when she accused him of rape.
This year’s astounding run in the S&P 500 Index has left forecasters split about what the world’s largest stock market will do next, and on Wall Street, the biggest disagreements often are emerging within the same firm.
The most advanced version of Lockheed Martin Corp.’s F-35 jet won’t be delivered until next April at the earliest and possibly as late as June because of persistent testing issues, the Pentagon said.
Two more companies have been granted approval to fly drones beyond the sight of ground operators in a key step that could eventually enable widespread package delivery and other commercial uses for the aerial devices.
Two Binance executives overseeing regions including Eastern Europe and Russia have left the world’s largest crypto exchange, which has been rapidly losing senior managers as regulators in the US and elsewhere crack down on it.
Ares Management Corp. executives are ramping up stock sales as the private credit giant’s shares boom amid rising interest rates and a pullback by traditional lenders.
