Paramount Global Strategic Plans Revealed in Sony and Apollo $26 Billion Bid – Theatrical Releases Steady, TV Assets Cut?

Los Angeles, California – Sony and Apollo are eyeing a potential acquisition of Paramount Global, with plans to maintain a steady theatrical release output between the two studios. Speculation suggests that if successful, the conglomerate may divest assets such as CBS, linear channels like MTV, and the Paramount Plus streaming service. According to sources, discussions between Sony, Apollo, and Paramount have been ongoing, with Sony’s merger proposal drawing attention due to potential FCC scrutiny as …

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Unemployment Steady at Low Level as Tight Labor Market Supports Economy, Despite Concerns – Check Out Latest Data here!

Washington, D.C. – The weekly report from the Labor Department showed that the number of new Americans applying for unemployment benefits remained steady last week. Economists view this as a positive indicator of a healthy labor market that will likely continue to support the economy in the coming months. Despite a slowdown in worker productivity during the first quarter, experts believe the overall trend in productivity remains strong. Some attributed the decline in productivity to …

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Fed Holds Steady on Interest Rates: Powell’s Press Conference Insights Are Key!

Washington, D.C. – The Federal Reserve is expected to announce their decision to maintain the benchmark federal-funds rate steady, according to a recent report by Nick Timiraos. This decision comes in the wake of firmer-than-anticipated inflation in the first quarter of the year, leading to a postponement of any rate cuts in the near future. Federal Reserve officials are likely to emphasize their readiness to keep rates unchanged for a longer period than initially anticipated. …

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AI Server Maker Super Micro Computer Expects Steady Demand, Beats Wall Street Estimates

San Jose, California – Super Micro Computer, a leading AI server maker, reported third-quarter revenue below analysts’ estimates due to fierce competition in the server-making industry. Despite the setback, the company remains optimistic about its fourth-quarter revenue outlook, projecting it to exceed expectations driven by a steady demand for its AI servers. The company’s stock, which has experienced a significant increase in value this year, dropped nearly 8% in after-hours trading following the announcement of …

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Bank of Japan Holds Policy Rate Steady – What It Means for Japan’s Economy in 2023 and Beyond

Tokyo, Japan – The Bank of Japan decided to keep its policy rate unchanged following its monetary policy meeting, maintaining the benchmark policy rate at 0%-0.1%. Economists surveyed by Reuters had anticipated this move, aligning with their expectations. This decision comes after Tokyo reported lower-than-expected inflation figures for April, with the core inflation rate at 1.6% compared to the projected 2.2% from Reuters. Furthermore, the Bank of Japan stated its intention to continue conducting bond …

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Jobless “US Jobless Claims Remain Steady at 212K, Defying Expectations of Increase”

Los Angeles, California – The US labor market continues to display resilience despite challenges in the housing sector due to escalating mortgage rates. This contrast in economic indicators highlights the complex nature of the current financial landscape in the country. Recent data shows that applications for unemployment benefits in the US have remained steady at 212,000, indicating a level of stability in the job market. While this is positive news for workers seeking job security, …

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Conflict in Middle East: Oil Prices Hold Steady after Iran’s Strike – What’s Next?

New York, United States – Oil markets showed a minimal response as they reopened after Iran’s recent military strike on Israel. Traders appeared unfazed by fears of potential escalation into a full-scale war that could disrupt oil supplies from the region. Brent crude, the global benchmark, remained steady at $90.45 a barrel at the start of trading in Asia on Monday morning, while West Texas Intermediate, the US marker, also showed little change at $85.72 …

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Bitcoin Survives Middle East Tension: Gold and Silver Hold Steady as Crypto Markets Shake

Tehran, Iran – As tensions escalate in the Middle East, traditional assets like gold and silver are proving to be a safe haven amidst the storm, while cryptocurrencies face volatility. The recent turmoil in the region, fueled by conflicts and geopolitical uncertainties, has led to market fluctuations that are impacting various financial sectors. Cryptocurrencies, including Bitcoin, have experienced significant price drops as uncertainty looms over the Middle East. The recent waves of instability have led …

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**Adventure:** Discover the Slow, Steady Magic of Dragon’s Dogma 2’s Quests & Travelogue

In Vernworth, the fantasy world of Dragon’s Dogma 2 unfolds with a slow yet profound journey from Melve to the capital city. This action RPG by Capcom immerses players in a narrative of traveling, fighting goblins, and resting at campfires to replenish health. While some may find the lack of fast travel options challenging, game director Hideaki Itsuno believes that the journey itself should be enjoyable, not just the destination. The game’s emphasis on travel …

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“Stocks” Hold Steady As S&P 500 Eyes 5000 Mark In Sight – How the Market Reacts to Latest Corporate Results and Chipmaker Arm’s Outlook

NEW YORK (AP) – The US stock market hit a pause on Thursday after reaching record highs, as investors responded to positive corporate results and chipmaker Arm’s strong outlook. The S&P 500 hovered around the flatline, nearing the key psychological level of 5,000, while the Dow Jones Industrial Average was down 0.2% and the Nasdaq rose 0.3%. Stocks have seen a rally due to robust economic data and positive earnings, lifting spirits on Wall Street …

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