Online betting companies are making money by letting people bet on what President Donald Trump might do or say next, such as sending troops to Iran or making unusual statements. Some of these companies are connected to Donald Trump Jr., the president’s oldest son.
Key Facts
President Donald Trump’s unpredictable actions lead to more bets on his potential moves.
Online prediction markets let people wager on Trump’s policies and social media posts.
These markets earn money by charging fees on the bets.
Polymarket is one such betting company in which Donald Trump Jr. has an ownership stake.
Kalshi is another prediction market company advised by Donald Trump Jr.
Betting on Trump-related events is popular because of his uncertain and surprising behavior.
The markets include unusual questions like renaming the Strait of Hormuz after Trump or praising Allah again.
These companies profit from the increased public interest in Trump’s decisions and statements.
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China's economy has been less affected by the war involving the US, Israel, and Iran, which has caused a major global energy crisis. This is because China relies more on coal and renewable energy than on oil and natural gas, helping it avoid the worst energy price shocks.
Key Facts
The war between the US, Israel, and Iran has created the biggest energy crisis in decades.
China uses about 60% coal for its energy, making it less dependent on oil and natural gas.
China has a large and growing renewable energy system, which helps reduce the impact of rising oil prices.
China leads the world in clean energy technology production.
Increased global demand for electric vehicles could boost China’s car exports by about 1% this year.
China is trying to play a bigger role globally as a mediator and defender of free trade.
The Trump administration’s changing policies have created opportunities for China to expand its influence.
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Confidence in the UK economy has dropped sharply due to the effects of the war involving Iran. Businesses are facing higher costs and expect to raise prices, while consumers worry about a new increase in living expenses.
Key Facts
UK consumer confidence fell to its lowest level since October 2023 in April.
The war in Iran is causing higher fuel and energy prices in the UK.
UK service sector firms experienced the largest cost increase since 1996 between March and April.
Manufacturing also saw rapid rises in raw material prices.
Over 25% of UK businesses expect to raise prices next month, the highest share since January 2023.
More than a third of businesses cite energy costs as a reason for planned price increases.
Inflation in the UK is expected to rise sharply, possibly leading the Bank of England to raise interest rates.
Despite challenges, UK services and manufacturing showed growth in April, helped by customers buying early to avoid future price rises.
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The growth of the artificial intelligence (AI) economy is being slowed by supply chain problems caused by conflict in the Middle East. Key materials needed for making computer chips, like helium and natural gas, are harder to get because of attacks and blockades near the Strait of Hormuz. This is driving up costs and limiting the buildout of AI infrastructure.
Key Facts
The Iran war and related conflicts have disrupted supplies of industrial materials needed for making chips.
About 30% of the world's helium, essential for chip production, comes from Qatar and has been affected by recent attacks.
The Strait of Hormuz, a narrow waterway for shipping natural gas and other supplies, is effectively closed, causing further delays.
Companies plan to invest around $650 billion this year in U.S. AI infrastructure, assuming supply chains remain stable.
The helium shortage and natural gas bottleneck threaten to slow down this AI investment boom.
Prices for components like microchips have increased sharply—up 17 times in the past year—due to growing demand and supply issues.
President Trump recently extended a ceasefire with Iran, but the Strait of Hormuz remains blocked due to a U.S. naval blockade.
Experts say the rising prices result from both supply disruptions and a surge in global demand for AI and defense technology components.
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Paramount’s plan to buy Warner Bros., including CNN, was approved by Warner Bros. Discovery shareholders. The $81 billion deal still needs approval from government regulators, who will review if the merger reduces competition before it can be finalized later this year.
Key Facts
Paramount offered $31 per share to buy all of Warner Bros. Discovery.
The deal is valued at $81 billion in total.
Shareholders from Warner Bros. Discovery voted in favor of the sale.
The merger will combine CNN and CBS under one company.
The U.S. Justice Department and Federal Trade Commission (FTC) will review the merger for antitrust concerns.
Companies must notify regulators of deals over $101 million for review under the Hart-Scott-Rodino Act.
Regulators have the power to stop or delay mergers if they harm competition.
President Donald Trump said politics will not influence the regulatory review process.
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Paramount has received shareholder approval to buy Warner Bros. for $81 billion, a deal that would combine major media companies including CNN and CBS. The agreement still requires government approval before it can be completed.
Key Facts
Paramount wants to buy all of Warner Bros. for $31 a share.
Warner Bros. owns CNN, so the merger would bring CNN and CBS under one company.
Shareholders of Warner Bros. Discovery voted in favor of the sale.
The deal must still pass regulatory reviews from agencies like the Justice Department.
Warner Bros. expects the deal to finish in the third fiscal quarter of this year.
Netflix previously tried to merge with Warner Bros. but backed out after Paramount made a higher offer.
Many entertainment industry workers are worried the merger could cause job losses and reduce options for audiences.
The final details are still being worked out and updates will follow.
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This article compares how much money a $20,000 deposit could earn in 2026 if placed in a certificate of deposit (CD), a high-yield savings account, or a money market account. It shows that CDs tend to offer a slightly higher fixed interest rate, while savings and money market accounts have variable rates that can change over time.
Key Facts
CDs have fixed interest rates, making it easy to calculate earnings in advance.
High-yield savings and money market accounts have variable rates that can rise or fall.
A $20,000 deposit in a 3-month CD at 3.90% would earn about $192 by 2026.
The same deposit in a high-yield savings account at 4.03% would earn about $199.
A money market account at 4.00% on $20,000 would earn about $197 over three months.
Over six or nine months, a CD tends to earn slightly more interest than the other accounts at current rates.
None of these accounts have very large differences in earnings, so factors like flexibility and access to funds are important.
These accounts avoid the risk and daily ups and downs of stock market investing.
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Shareholders of Warner Bros. Discovery voted to sell the company to Paramount's owner for $81 billion, creating a large combined media company. This merger would combine streaming services like HBO Max and Paramount+ and reshape the entertainment industry by concentrating power among fewer companies.
Key Facts
Warner Bros. Discovery shareholders approved selling the company to Paramount's owner for $81 billion.
The total value of the deal, including debt, is nearly $111 billion.
Paramount recently was acquired by Skydance last year.
The combined company would merge HBO Max and Paramount+ into one streaming service.
Paramount CEO David Ellison said HBO would retain some independence in production.
The merged streaming service would compete with Netflix, Prime Video, and Disney+.
Critics worry the merger could reduce streaming choices and raise subscription prices.
The deal is still subject to regulatory approval and review.
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CBS Mornings Deals offers special discounts on products that could be useful in daily life. Customers can visit cbsdeals.com to find these deals, and CBS earns commissions from purchases made there.
Key Facts
CBS Mornings Deals features discounted items for everyday use.
The deals are exclusive to the CBS Deals website (cbsdeals.com).
Customers can shop these discounted products online.
CBS earns money from commissions when people buy through their site.
The promotion is shown on CBS News and its app.
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Warner Bros Discovery shareholders have approved a $110 billion merger with Paramount Skydance, allowing Paramount to buy the entire company. The deal still needs approval from regulators in the US and UK before it can be completed later this year.
Key Facts
Shareholders voted in favor of selling Warner Bros Discovery to Paramount for $31 per share.
The total value of the deal including debt is about $111 billion.
Paramount’s CEO David Ellison won a bidding war against Netflix to acquire Warner Bros.
If the sale finishes, Warner Bros CEO David Zaslav could earn up to $887 million.
The merger combines big assets like HBO Max, Harry Potter, CNN, CBS, and Paramount+ under one company.
Regulators in Washington and London will review the deal to check its impact on competition and the entertainment market.
The merger is expected to reduce the number of major US studios to four and could lead to fewer jobs and less variety in films.
The deal aims to close in the third quarter of 2024.
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A new lawsuit claims JetBlue collected personal data from customers without their permission to set different ticket prices. JetBlue denies using customer information for pricing, saying fares depend on seat availability and demand.
Key Facts
A lawsuit was filed by Andrew Phillips from New York against JetBlue.
The lawsuit says JetBlue tracked customers' data while they booked tickets.
It claims this data helped JetBlue charge different prices based on personal info.
JetBlue said it does not use personal data or browsing history to set prices.
The lawsuit mentions a social media reply from JetBlue suggesting how to avoid higher prices.
JetBlue said the social media reply was a mistake by one employee.
The lawsuit seeks damages for alleged violations of privacy and consumer protection laws.
"Surveillance pricing" means charging different prices based on personal info like browsing history.
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Warner Bros. Discovery shareholders have approved the sale of their company to Paramount in a deal worth about $81 billion. This merger will combine many famous movie and TV brands under one company, changing the media industry.
Key Facts
Shareholders of Warner Bros. Discovery voted mostly in favor of selling the company to Paramount.
The offer is $31 per share for Warner Bros. Discovery.
The total value of the deal, including debt, is nearly $111 billion.
The merger will bring together Warner Bros., HBO Max, CNN, and popular movies like "Harry Potter" with Paramount’s CBS and Paramount+.
Paramount is owned by Skydance.
The deal is expected to reshape Hollywood and the media business significantly.
Approval by shareholders is an important step toward completing the merger.
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Warner Bros. Discovery shareholders voted to approve the $111 billion takeover by Paramount. This deal includes major media assets like HBO Max, Warner Bros. film studio, CNN, CBS, and Paramount Pictures, combining them into a large new media company.
Key Facts
Paramount made a $111 billion offer to acquire Warner Bros. Discovery.
Shareholders of Warner Bros. Discovery voted overwhelmingly in favor of the takeover.
The deal includes HBO Max, Warner Bros. production, and cable channels like CNN.
Paramount owns CBS, Paramount Pictures, and Comedy Central.
The takeover follows a bidding competition involving Netflix.
Warner Bros. Discovery’s board unanimously recommended accepting the Paramount offer in February.
Shareholders will receive $31 per share, which is 147% more than the stock’s previous value.
After the announcement, Paramount’s shares dropped nearly 5% briefly in the market.
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BP’s board faced strong opposition from shareholders at its annual meeting, with more than half voting against cutting climate reporting and moving meetings online. About 18% opposed the re-election of BP’s chair, Albert Manifold, due to concerns about the company’s climate strategy and shareholder rights.
Key Facts
Over 50% of shareholders rejected BP’s plan to reduce climate-related reporting.
Shareholders voted against replacing in-person meetings with online-only events.
About 18% of shareholders voted against re-electing BP’s chair, Albert Manifold.
Legal & General Investment Management, a major UK investor, opposed BP’s climate plans and Manifold’s re-election.
Manifold was criticized for trying to block a shareholder resolution on BP’s climate goals submitted by the campaign group Follow This.
Proxy advisory firms Glass Lewis and ISS recommended voting against BP’s move to scrap specific climate disclosure requirements.
This meeting was the first annual meeting with new CEO Meg O’Neill, BP’s first female CEO and first external hire for the role.
Shareholders expressed frustration over BP’s shift to increase oil and gas production despite global moves away from fossil fuels.
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Warner Bros Discovery shareholders have approved a $111 billion takeover by Paramount. The deal, which still needs government approval, will combine Warner Bros' and Paramount's media assets and could change the entertainment industry.
Key Facts
Warner Bros Discovery shareholders approved a $111 billion takeover by Paramount.
Paramount will take control of Warner Bros' famous titles like Harry Potter, Game of Thrones, and channels such as CNN.
Government approval from the US Department of Justice and European regulators is still required.
Netflix had earlier tried to buy Warner Bros but withdrew after Paramount made a higher offer.
Paramount is led by David Ellison and backed by his father, Larry Ellison, a tech billionaire and major Republican donor.
There are protests and concerns about the future of CNN and the impact on creative jobs.
Over 1,400 actors and filmmakers signed a letter warning the merger could harm the entertainment industry.
If approved, Paramount will combine Warner Bros' HBO Max customers with its own services and add channels like Food Network and Discovery Channel to its lineup.
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Shareholders of Warner Bros Discovery approved a $110 billion merger with Paramount Skydance, the parent company of CBS News. The merger still needs regulatory approval and may face lawsuits from state attorneys general before it can be completed.
Key Facts
Warner Bros Discovery (WBD) shareholders voted strongly in favor of merging with Paramount Skydance.
The merger deal is valued at $110 billion.
Shareholders rejected large pay packages proposed for WBD executives, including a $550 million payout to CEO David Zaslav.
The boards of both companies have already approved the merger.
Regulators in the U.S. and Europe still need to approve the deal.
A group of state attorneys general may file a lawsuit to block the merger.
If approved, WBD shareholders will get $31 per share.
The deal is expected to close between July and September.
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The board of Warner Brothers Discovery has approved selling the company to Paramount. This deal will create a new large company that offers entertainment, live sports, and news.
Key Facts
Warner Brothers Discovery's board voted to sell the company to Paramount.
The sale aims to form a new, large media company.
The new company will provide entertainment, live sports, and news services.
The vote happened two months after initial talks or developments (exact earlier events not detailed).
This deal combines two major companies in the media industry.
The sale is a major step in media industry consolidation.
Warner Brothers Discovery is known for its vast media and entertainment assets.
Paramount will be the buyer, expanding its reach in entertainment and news.
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Debt relief programs can help people manage and reduce their debt, but they do not always stop debt collectors from contacting borrowers forever. Whether creditors can restart collections after the program ends depends on if the debt was fully settled or if the original terms return when the program ends early.
Key Facts
Debt relief programs include debt settlement and debt management plans that help borrowers repay or reduce their debts.
If a debt is fully settled with written confirmation, creditors must stop collection attempts by law.
Debt management plans reduce interest and set payment schedules, but if the plan ends early, original debt terms return and collections can resume.
Debt settlement programs leave debts unpaid during negotiation; if no agreement is reached, debts may be charged off and sold to collectors.
Laws limit how long creditors can sue for unpaid debts, which varies by state from 3 to 10 years.
Borrowers should check credit reports after a program ends to ensure debts are marked correctly.
Disputes about debt status should be made in writing to both creditors and credit reporting agencies.
If collections restart, borrowers might consider rejoining a debt relief program to manage their debts again.
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A warning was issued after asbestos, a harmful mineral, was found in some stretchy toys. Consumer journalist Rebecca Wilcox informed the public about this safety issue.
Key Facts
Some stretchy toys were found to contain asbestos.
Asbestos is a harmful material linked to health risks.
A warning was given to consumers to be careful with these toys.
Rebecca Wilcox, a consumer journalist, shared this information publicly.
The warning was recently published and is available on BBC iPlayer.
The warning aims to protect people, especially children, from asbestos exposure.
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JetBlue is facing a lawsuit accusing it of using customers’ personal data to change ticket prices. The complaint says JetBlue hides its use of tracking tools and shares data with others to decide when to raise fares.
Key Facts
The lawsuit was filed in Brooklyn federal court as a proposed class action.
The complaint claims JetBlue uses “surveillance pricing,” which means setting prices based on personal data like browsing history and location.
JetBlue denies using personal data or artificial intelligence to set ticket prices.
The lawsuit was prompted by a social media post where a passenger said their ticket price rose by $230 in one day.
JetBlue initially gave a controversial reply telling the passenger to clear their browser cookies, then said this response was wrong.
Two Democratic members of Congress have asked JetBlue detailed questions about its pricing methods.
The lawsuit seeks damages for possible violations of a federal anti-wiretapping law and New York consumer protection laws.
Delta Air Lines was also questioned by lawmakers about using AI in pricing but denied plans to do so.
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