National Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what’s next for the legacy media giant during a tumultuous period for the industry.

The S&P 500 jumped to a record and closed above 5,400 for the first time Wednesday after the Federal Reserve’s latest policy announcement and May inflation data pointed to easing pricing pressures.

The Israel Defense Forces and the Iran-backed Lebanese militant group Hezbollah have been fighting for decades. Recent tensions on the Israel-Lebanon border in response to the war in Gaza could threaten the future of the Middle East. So what is Hezbollah?

Almost three-quarters — 70% — of people turning 65 will need long-term care in their lifetime, according to a report by the Urban Institute and the Department of Health and Human Services.

Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as pressure from an activist investor mounts.

Sony Pictures Entertainment, the Hollywood studio behind recent hits like “Bad Boys: Ride or Die” and “Anyone but You,” has acquired the Alamo Drafthouse Cinema dine-in movie theater chain, the two companies announced Wednesday.

The Federal Reserve said Wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching U.S. businesses and consumers.

The Romance Writers of America filed for chapter 11 bankruptcy on May 29, after years of membership decline, money issues, and claims of racism.

Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other talc-based products blamed for allegedly causing cancer.

One of the most-watched inflation metrics showed a slight slowdown Wednesday, a sign that the price growth that has bedeviled the U.S. economy may be easing.