Jan 3, 2018

2017 was a record year for mergers and acquisitions

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Trump may reduce troops in Afghanistan without Taliban deal

Taliban leaders during peace talks with the U.S. in July in Qatar. Photo: Karim Jaafar/AFP/Getty Images.

White House national security adviser Robert O'Brien told Axios in an exclusive interview that "it is possible" Trump will cut a deal with the Taliban this year but that even if a deal can't be struck, the president is still poised to reduce troops in Afghanistan.

Driving the news: "We're back in a situation where we're in talks with the Taliban," O'Brien said. "The Afghan forces are doing better, and I think we'll be in a position at some point soon, whether it's with a deal or without a deal, to reduce our military footprint in Afghanistan."

Go deeperArrowJan 12, 2020

Deficit balloons to $356.6 billion in first quarter of fiscal year

Photo: Bloomberg Creative Photos/Getty Images

The U.S. budget deficit hit $356.6 billion in the first quarter of fiscal year 2020, up 11.8% compared to the same period the previous year, Bloomberg reports.

Why it matters: The deficit, which President Trump pledged in 2016 to eliminate within eight years, is on pace to exceed $1 trillion by the end of 2020. The U.S. has not seen $1 trillion annual deficits since the three years that followed the 2008 financial crisis, per the New York Times.

Go deeperArrowJan 13, 2020

Global box office hits record at $42 billion

Box office at Regal South Beach. Photo: Jeff Greenberg/UIG via Getty Images.

The global box office hit an all-time high of more than $42 billion, according to numbers released Friday by Comscore.

Why it matters: That success can be attributed to monster growth in movie-going overseas. The international box office was up 4% in revenue last year, while the North America box office was down 4% from its record high of $11.88 billion in 2018.

Go deeperArrowJan 10, 2020