In a landmark move that signals a new chapter for a beloved children's television program, Sesame Street has struck a deal with Netflix, ensuring its continued presence on screens worldwide. This partnership comes in the wake of significant changes in the media landscape, including the termination of federal funding for Public Broadcasting Service (PBS) by US President Donald Trump and the non-renewal of Sesame Street's deal with Warner Bros Discovery, which owns the HBO platform. Despite these challenges, Sesame Street remains a cherished cornerstone of children's media, captivating young minds and fostering a love of learning.

In a move that has sparked significant controversy and legal debate, Ryanair, the Irish airline known for its no-frills approach, has ordered some of its flight attendants in Spain to repay salary increases of up to €3,000. This unusual demand follows a legal dispute with a Spanish labor union, highlighting the complexities and challenges of labor negotiations in the airline industry.

In a significant step aimed at addressing the challenges posed by the influx of small parcels from China, the European Union (EU) has proposed a two-euro flat fee on billions of packages sent directly to consumers' homes. This move, which has far-reaching implications for both European and Chinese e-commerce giants, reflects the EU's efforts to streamline customs processes and ensure the safety and quality of goods entering the bloc.

In a landmark event for the electric vehicle (EV) industry, Contemporary Amperex Technology Co Limited (CATL), the world's largest EV battery manufacturer, witnessed its shares surge on the first day of trading in Hong Kong. This monumental initial public offering (IPO) not only marked the biggest listing of the year but also underscored the growing significance of the EV battery sector in the global automotive market.

In a historic legal victory for consumers, millions of shoppers across the UK could soon receive up to £70 each following a tribunal's approval of a settlement in a lawsuit against Mastercard. This decision marks the culmination of a long and complex legal battle that has spanned nearly a decade, initiated by Walter Merricks, a former financial ombudsman. The case centers on the excessive fees levied by Mastercard on businesses over a 15-year period, which ultimately led to higher prices for consumers.

Elon Musk, the enigmatic billionaire known for his ambitious ventures in electric vehicles, space exploration, and social media, has recently signaled a significant shift in his political engagement. In a surprising announcement at an economic conference in Qatar, Musk revealed his intention to scale back his political donations, marking a notable departure from his previous role as a major supporter of President Donald Trump's 2024 campaign.

In the dynamic and competitive world of retail, Target, a US retail giant, has recently found itself in a precarious situation. The company has slashed its expectations for the year after experiencing a sharp decline in sales, which it attributed to a "highly challenging environment" exacerbated by the introduction of trade tariffs. This downturn has been compounded by a significant backlash following Target's decision to end its diversity, equity, and inclusion (DEI) targets, a move that has stirred considerable controversy.

In the ever-evolving landscape of retail, Target has always been a prominent player, known for its innovative strategies and commitment to a diverse and inclusive environment. However, the past few months have been a tumultuous journey for the company, marred by a series of challenges that have shaken its foundation and tested its resilience.

The potential privatization of Fannie Mae and Freddie Mac, two government-sponsored entities (GSEs) that have long been cornerstones of the American housing market, has once again come to the forefront of political and economic discourse. President Donald Trump’s recent announcement on Truth Social that he is “giving very serious consideration” to bringing these entities public has reignited a debate that has persisted for over a decade. The implications of such a move are far-reaching, touching on issues of economic stability, housing affordability, and the role of government in the financial sector.

In the intricate tapestry of immigration policies, the introduction of a new “gold card” visa program, as announced by Commerce Secretary Howard Lutnick, has sparked a whirlwind of discussion and speculation. This proposed visa, which promises permanent residency and work rights in the United States for a hefty price tag of $5 million, is not just a policy change but a significant shift in how the nation perceives and manages its immigration landscape. As we delve into the rhetoric surrounding this initiative, it becomes clear that the “gold card” is more than just a piece of plastic; it is a symbol of opportunity, ambition, and the complex interplay between wealth and citizenship.

This week marks a monumental moment for Comcast and the broader media industry with the grand opening of Epic Universe, the first major new theme park in the US in over two decades. Located in Orlando, Florida, Epic Universe is set to open its gates on Thursday, with fans already preparing to camp out overnight to be among the first to experience this new marvel. Comcast’s NBCUniversal has spared no effort in promoting Epic as the "most technologically advanced theme park" ever, a claim backed by an estimated $7.7 billion investment and over six years of meticulous planning and construction.

On Wednesday, the financial markets took a hit, with stocks, bonds, and the US dollar all experiencing a downturn. The Dow Jones Industrial Average closed lower by 817 points, marking a 1.91% drop. The broader S&P 500 index slid 1.61%, and the tech-heavy Nasdaq Composite fell 1.41%. These declines marked the worst day for all three major indexes in a month. The sell-off was triggered by a combination of factors, including a weak auction for 20-year Treasury notes and growing concerns over the US government's fiscal health following Moody’s downgrade of US debt.

The State and Local Tax (SALT) deduction has long been a contentious issue in US tax policy, and recent proposals to increase the $10,000 cap have only added fuel to the fire. This debate is not just about numbers; it's about the principles of fairness, the distribution of tax burdens, and the political dynamics within the Republican Party. As House Republicans grapple with passing "one big, beautiful bill" that reflects President Donald Trump's agenda, the SALT deduction has emerged as a significant roadblock.

In the world of luxury fashion, where craftsmanship and ethical practices are often touted as hallmarks of quality, a recent investigation by the Italian competition authority has cast a spotlight on some uncomfortable truths. Dior, a renowned luxury brand owned by LVMH, has agreed to a series of remedies to settle an investigation into whether it misled consumers about working conditions at its suppliers. This move marks a significant step towards greater transparency and accountability in the fashion industry.

Summer is usually the golden season for airlines, a time when they soar high with profits. But this year, things are looking a bit different. Airlines started 2025 with high hopes for strong growth, but a series of setbacks has thrown a wrench in their plans. Instead of gearing up for big profits, they're now cutting back on flight routes and bracing for a rough financial ride.

In a world where the rich seem to get richer by the day, a new report from Oxfam has sent shockwaves through the conversation on wealth inequality. Despite a brief scare in the markets, the wealthiest 10 Americans have seen their fortunes balloon by a staggering $365 billion over the past year. To put that into perspective, that's roughly $1 billion per day for these billionaires. Meanwhile, the typical American worker made just over $50,000 in 2023. It would take 10 US workers at median earnings a mind-boggling 726,000 years to make that much money. This stark contrast underscores the growing wealth gap in the United States.

When it comes to President Donald Trump's trade policies, the word "chaotic" often springs to mind. The administration has been playing a high-stakes game of tariffs, imposing, pausing, changing, lowering, exempting, and then re-threatening them. It's like a dance with unpredictable steps, leaving many wondering if there's a method to the madness.

The financial world is abuzz with activity, and the US dollar is feeling the heat. It's like a tightrope walker trying to balance amid gusts of fiscal winds. The source of these gusts? The tax bill that President Trump is pushing through Congress. It's a big, bold plan to cut taxes and roll back federal spending, but it's also raising eyebrows and heart rates among investors.

In the sprawling landscape of American retail, Home Depot and Walmart stand as titans, their influence reaching into nearly every household across the nation. These giants have long been the go-to destinations for everything from home improvement projects to everyday essentials. Yet, as the winds of trade policy shift and tariffs loom large, these companies find themselves in a precarious dance, balancing the need to maintain competitive prices with the rising costs imposed by the ongoing trade war.

In the hallowed halls of CBS News, where the pursuit of truth and journalistic integrity has long been a guiding beacon, a storm has been brewing. The echoes of heated debates have reverberated through the corridors, a testament to the intense battles being waged behind the scenes. At the heart of this turmoil lies the esteemed newsmagazine "60 Minutes," a program with a storied legacy of fearless reporting. Yet, its future now hangs in the balance, caught in the crossfire of corporate interests, political pressure, and the ever-present threat of legal entanglements.