#Could a Trump holdover save the Biden presidency?

#Could a Trump holdover save the Biden presidency?

A key holdover from the Trump presidency could give President Biden a huge boost as he seeks reelection. Federal Reserve Chair Jerome Powell looks to be on the cusp of pulling off a “soft landing” of the economy, after inflation roared to a four-decade high last year. The Fed’s series of interest rate increases, which…

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#Bloomberg reportedly eyes WSJ parent Dow Jones, Washington Post

#Bloomberg reportedly eyes WSJ parent Dow Jones, Washington Post

“Bloomberg reportedly eyes WSJ parent Dow Jones, Washington Post” Billionaire Michael Bloomberg wants to expand his media empire — and is interested in buying either Dow Jones, the parent company of the Wall Street Journal, or the Washington Post, according to a report. Citing sources “familiar with Bloomberg’s thinking,” Axios reported Friday that Bloomberg wants…

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#News Corp narrowly misses first-quarter revenue estimates

#News Corp narrowly misses first-quarter revenue estimates

“News Corp narrowly misses first-quarter revenue estimates” News Corp, owner of The New York Post, Wall Street Journal and Dow Jones, narrowly missed first-quarter revenue estimates Tuesday, due in part to foreign currency fluctuations. According to the New York-based company, total revenue decreased 1% to $2.48 billion in the quarter ended Sept. 30, while analysts…

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#News Corp. to buy Investors Business Daily for 5M

#News Corp. to buy Investors Business Daily for $275M

“#News Corp. to buy Investors Business Daily for $275M” News Corp. on Thursday said it has agreed to buy Investors Business Daily for $275 million, a deal that will beef up the company’s portfolio of financial news publications. IBD, which is being sold by O’Neil Capital Management, will continue with its 130 employees headquartered in…

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