Brief'd

Fed signals no rate cuts this year, Paramount-Warner deal clears DOJ


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The Federal Reserve held rates steady under new Chair Kevin Warsh and sharply cut expectations for future cuts, now projecting only one quarter-point reduction for the rest of 2026 as inflation remains elevated. The Justice Department approved Paramount's $110 billion acquisition of Warner Bros. Discovery with no concessions, though state attorneys general and foreign regulators could still block the deal. Plus Anthropic escalates its standoff with the government, Apple pays Google $1 billion a…
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Brief'dBy ZestLabs