Author: Skyler Phillips

Warner Bros Discovery, the parent company of CNN and HBO Max, has announced plans to divide into two distinct companies by mid-2026. This decision is part of a broader strategy to adapt to the fast-changing dynamics of the media industry. One of the newly formed entities will concentrate on the company’s thriving studio and streaming…

Frank Eckard, CEO of German magnet manufacturer Magnosphere, has been inundated with urgent calls from automakers and parts suppliers struggling to source magnets amid Chinese export restrictions. Many are warning that without an alternative supply, factory shutdowns could begin as soon as mid-July. The urgency is palpable, with companies willing to pay premium prices to…

After her father passed away in 2015, Ashley Kaye inherited her childhood home in Waterford, Wisconsin. The three-bedroom house held sentimental value, but Kaye, then 36, began to question if staying there aligned with her growing desire to explore the world. Her demanding career in corporate healthcare and later consulting, with 80 to 100-hour workweeks,…

Robinhood Markets (NASDAQ: HOOD) delivered a standout performance in the early months of 2025, continuing its upward momentum into May. The online brokerage saw its stock climb nearly 35% during the month, largely driven by a well-received earnings report and increased activity in the cryptocurrency space. The combination of financial results that met analyst expectations…

The European Union has strongly urged China to relax its export restrictions on rare earth elements, which are crucial for manufacturing a wide range of products from automobiles to electronics. This call came after China’s tightened export controls led to major disruptions across industries in Europe and the United States. EU Trade Commissioner Maros Sefcovic…

Tesla shares dropped by 14% following a public conflict between Donald Trump and Elon Musk. The stock had previously surged after the 2020 presidential election due to investor optimism that Trump would support Musk’s ventures. However, the recent spat highlights the potential damage Trump could inflict, particularly if he decides to target Musk’s companies out…

The European Central Bank (ECB) is expected to lower its key interest rate during its upcoming meeting, with market data from LSEG indicating a near certainty — a 99% chance — of a 25-basis-point reduction. This would bring the ECB’s deposit facility rate down to 2%, half of its 2023 peak of 4%. The rate…

U.S. stock markets delivered mixed results on Wednesday as investors weighed ongoing trade negotiations and anticipated Friday’s employment report. The Nasdaq edged higher thanks to tech sector gains, while the S&P 500 remained mostly flat and the Dow slipped slightly. Treasury yields dropped, providing some relief to equity markets, as analysts observed a potential cap…

The Food and Drug Administration (FDA) is testing a new artificial intelligence tool called CDRH-GPT, intended to streamline the approval of medical devices like pacemakers and insulin pumps. However, according to two individuals familiar with the tool, it is still in beta and plagued by technical issues. These include connectivity problems with internal FDA systems,…

U.S. President Donald Trump announced a doubling of tariffs on steel and aluminium imports to 50%, effective June 4, escalating trade tensions. This announcement followed accusations that China breached a prior agreement to roll back critical mineral-related tariffs. The move led to immediate spikes in domestic U.S. steel and aluminium prices, while shares of foreign…