President Trump said in a post on Truth Social on Thursday that the government would buy $200 billion in mortgage bonds in an effort to reduce housing costs.
Why it matters: The directive is one of a series of steps that Trump has recently announced to address the affordability concerns of voters. It's not clear it would make a big impact on housing.
Paramount Skydance on Thursday reaffirmed its $30-a-share cash offer for Warner Bros. Discovery, arguing that it didn't need to raise its bid because it is financially superior to Netflix's, which has been repeatedly endorsed by the WBD board.
Why it matters: In its latest statement, Paramount now says it believes Discovery Global — the name of the planned spin-out company comprising the WBD cable networks — should be valued at zero, down from the $1 per share it appraised Discovery Global in December.
The IRS will kick off tax season later this month as major new tax provisions take effect, potentially changing how millions of Americans file — and what they owe.
Why it matters: It's the first filing season reflecting changes from the One, Big, Beautiful Bill, which could affect taxpayers' refund amounts, credits and deductions compared with last year.
Avelo Airlines is cutting ties with ICE less than a year after inking a deal to carry out deportations for the agency.
Why it matters: Avelo appears to be the only commercial airline carrying out full aircraft deportation flights on a regular schedule for ICE, the AP noted last year.
A new retail development has officially broken ground in one of California's fastest-growing cities following years of collaboration with city partners and local stakeholders.
Why it's important: Beaumont adds thousands of new residents each year, but currently has limited retail infrastructure.
Residents are vocal about the need for more grocery, convenience, dining and daily-needs options close to home — and Oak Valley Village responds directly to that need.
A Reddit post by a user masquerading as a food delivery app developer drew millions of views and forced CEOs to go on the record, revealing how AI-generated misinformation is reshaping modern reputational crises.
Why it matters: AI-assisted mis- and disinformation are already fooling audiences and threatening corporate reputations.
As the chief marketing and communications officer of the U.S. Soccer Federation, Catherine Newman is responsible for helping the sport attract new fans in the region.
Why it matters: The spotlight will be on soccer with the Men's World Cup this year, the Women's World Cup in 2027 and the Summer Olympics in Los Angeles in 2028.
The head of the U.S. oil industry's leading lobbying group on Thursday predicted "tremendous interest" in Venezuela from American companies — but only if "big requirements" around security and other areas are met.
Why it matters: President Trump is hoping that U.S. producers invest in reviving output from Venezuela's broken-down oil fields.
Bipartisan communications firm Seven Letter has brought on Brandon Shaw as partner and head of its newly launched entertainment practice based in Los Angeles, Axios is first to report.
Why it matters: This hiring comes as the entertainment industry navigates consolidation and contentious M&A activity.
President Trump's latest command economy performance is aimed at large institutional investors in single-family homes, pledging to block them from buying more.
Why it matters: This is his first public break with private equity since returning to office, and a rare time when he might find common ground with Democrats.
Microsoft is pushing shopping and checkout directly into its Copilot assistant, a move that could reshape where e-commerce transactions happen and who controls the funnel.
Why it matters: Big Tech is racing to turn AI assistants into the front door of the internet.
AI and military needs could worsen what's already shaping up as a looming copper supply gap in coming decades, new analysis finds.
Why it matters: Copper supply is foundational to energy transition including EVs and renewables — even as traditional uses like construction and machinery grow, as you can see above.
President Trump said Wednesday that he would seek to ban institutional investment in single-family homes, then shortly after said he'd work to ban defense companies from offering dividends or doing buybacks.
Stocks in both sectors sold off as a result. More on that below.
Why it matters: Such moves from the Trump economic playbook are only going to ramp up as the midterms draw near. Here's how investors can find clarity in the noise.
Mixed reactions to OpenAI's new ChatGPT Health feature highlight demand for more personalized medical help tempered by chatbot safety and privacy concerns.
Why it matters: Health has become a go-to topic for chatbot queries, with more than 40 million people consulting ChatGPT daily for health advice and hundreds of millions doing so each week.
