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Alain Sherter is a senior managing editor with CBS News. Based in New York City, he leads a team of reporters and editors with CBS MoneyWatch, which covers issues including business, financial and economic news. Previously, he covered the technology, health care and other industries as a news reporter and editor for media companies including Thomson Financial, Dow Jones and The Deal.
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Despite flare-ups in Middle East violence, investors remain optimistic that the U.S. and Iran will soon end the war.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
Shipping companies would take at least two months to resume operations in the Persian Gulf following a ceasefire in the region, according to the Eurasia Group.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.
President Trump brushed off a question about whether the Justice Department probe amounts to political retribution.
Shares in Chevron, Exxon and other energy companies climbed, while oil prices jumped, on Monday after Maduro's ouster.
President Trump said "we're going to get the oil flowing the way it should be" after the surprise U.S. attack. Here's what to know about Venezuela's oil sector.
Job listings for store Santas have plunged in recent years as more families shop online and retailers look to contain costs, a new analysis found.
President Trump's media company is joining forces with a company working to commercialize fusion energy.
Tech giants including Alibaba, Amazon and Meta are counting on AI as the "killer app" that convinces consumers to try smart glasses.
Regulators allege Ticketmaster used deceptive pricing and sales tactics, costing consumers billions of dollars.
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
