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These Warner Bros. Deals Instill Fear and Loathing in Los Angeles

2025-12-11 20:00:22

On Friday, hours after Netflix agreed to buy Warner Bros. Discovery for $72 billion, Netflix’s co-CEO, Ted Sarandos, sat down at a table at the Polo Bar in Manhattan. Warner’s chief executive, David Zaslav, happened to be sitting at another table nearby. Zaslav walked over, and according to the New York Times, soon the two were “backslapping and joking.”

We Need a ‘Shove’ Toward Better Financial Health

2025-12-11 19:30:22

Economists who study financial markets — usually called finance professors at business schools and financial economists or just economists elsewhere — have had more impact on the world than your average professors. The rise of funds tracking indexes is perhaps the biggest change that can be ascribed to their work, but modern corporate finance, derivatives markets and most non-passive portfolio management are all conducted, at least partly, in accordance with ideas first floated decades earlier i

Destroying the CFPB Will Blow Back on Business

2025-12-11 19:00:22

In a year of erratic policymaking, the White House has been remarkably consistent in its zeal for demolishing the Consumer Financial Protection Bureau. Unfortunately, this effort is likely to backfire on the very businesses it aims to help.

Affordability Isn’t a Hoax. It’s Not a Crisis for Most, Either

2025-12-11 18:30:22

When someone tells you that they are struggling, it is generally a good rule of thumb to take them seriously. So it was not the best political move for President Donald Trump to call the affordability issue a “hoax.” Too many Americans are trying to cope with rising food prices and high costs for housing, health care and child care.

Powell’s Last Rate Cut Would Send Sparks Flying

2025-12-11 18:00:22

It’s looking extremely likely that Jerome Powell has overseen his last interest rate reduction as chair of the Federal Reserve. That’s bound to inflame tensions with the White House for the rest of his term, and potentially beyond it.

If That Was a Hawkish Cut, Doves Needn’t Worry

2025-12-11 13:00:56

Muted dissent like this does not signal a Fed that won’t let itself be pushed around.