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Paramount leadership outlined plans at its annual shareholder meeting if a potential sale of the company does not occur. The Office of the CEO, comprised of three executives, proposed $500 million in cost cuts, divesting non-core assets, and lowering debt. Paramount has agreed to terms for a merger with Skydance Media and investment firms, pending approval from controlling shareholder Shari Redstone. The presented plan focuses on growing content and franchises while cutting spending and lowering Paramount's junk credit rating debt level.

Paramount Outlines Contingency Plan at Shareholder Meeting Amidst Uncertain Sale Prospects

⏲ 0:36 👁 7.4M

A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual percentage yield, is the amount of interest earned on an account in one year. The APY for high-yield savings accounts can be anywhere from 3% to over 5% — much higher than that of a traditional account. <br/><br/>Savings rates have been on the rise following a series of interest rate hikes by the Federal Reserve, as the central bank has sought to reduce inflation. The Fed opted to raise rates at the last meeting, raising the federal funds rate, a key bank lending rate, to a target range of 5.25%-5.50%. Experts believe that the Fed may raise rates again at the next meeting. Higher interest rates could potentially increase savings rates further, so many recommend locking in rates now while they're on the rise. Over time, rates will decrease as inflation cools.<br/><br/>Since the rate of return on high yield savings accounts is better than that of traditional savings accounts, you'll be able to accrue more cash over time. You can use our tool, in partnership with Bankrate, to compare savings rates today.

What Are High-Yield Savings Accounts?

⏲ 1:27 👁 23.2M

'Reverb', presented by 180 Studios and The Vinyl Factory, is a groundbreaking multimedia exhibition that highlights the synergy between art and sound, featuring works by Theaster Gates, Es Devlin, Virgil Abloh, and more.

The Vinyl Factory - Reverb: London's 180 Studios presents spellbinding fusion of art and sound

⏲ 1:32 👁 4.4M

#GMAIntegratedNews #KapusoStream<br/><br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

PHL Statistics Authority - Inflation o antas ng pagtaas ng presyo noong May 2024, bumilis sa 3.9% | GMA Integrated News Bulletin

⏲ 1:37 👁 1.1M

Dark web hacker group ShinyHunters has claimed to have stolen user data from Ticketmaster who distributed tickets to Taylor Swift’s Eras Tour. It is yet to be confirmed whether any Australian data was compromised in the breach.

A dark web group has claimed to have hacked 560 million people’s user data from Ticketmaster and its parent company Live Nation

⏲ 0:51 👁 2.3M

Scotland's first minister John Swinney has called on Sir Keir Starmer to commit to an emergency budget if Labour win the general election.<br/><br/>During a speech in Glasgow, the SNP leader said there was a broad consensus to \

SNP leader, John Swinney in Barrowfield Glasgow

⏲ 3:40 👁 87M

Here are the latest stories from Philippines Today by GMA Integrated News:<br/><br/>- Marcos eyes creation of internal PNP legal office<br/><br/>- Escudero suggests bringing West PH Sea issue to ASEAN<br/><br/>- Bamban Mayor Alice Guo: Lin Wen Yi is not my mother<br/><br/>- Inflation rate accelerated further to 3.9% in May —PSA <br/><br/>- Kanlaon Volcano activity decreasing but Alert Level 2 remains —PHIVOLCS<br/><br/>For more updates, visit https://www.gmanetwork.com/news/

June 6, 2024 | Philippines Today

⏲ 7:15 👁 365K

The European Central Bank is expected to cut its interest rates on Thursday, which could lead to a weaker euro as the region's monetary policy diverges from that of the United States. The ECB is comfortable with this divergence, even if it means a weaker currency that could potentially stoke inflation. Recent data shows that underlying inflation in the euro area unexpectedly rose in May for the first time in a year, adding to the concerns about lingering consumer-price pressures. The ECB's decision will be accompanied by quarterly forecasts and a press conference, which will be scrutinized for hints of future policy intentions. Money markets are currently betting on two rate reductions this year, with a small chance of a third.

European Central Bank Expected to Cut Interest Rates, Weakening Currency and Diverging from the Federal Reserve

⏲ 0:45 👁 13.1M

Relaxing Morning Jazz Music for Stress Relief ☕ Enjoying Wonderful Relaxation with Soulful Sounds

Relaxing Morning Jazz Music for Stress Relief ☕ Enjoying Wonderful Relaxation with Soulful Sounds

⏲ 8:0:0 👁 6.8M

During a Senate Finance Committee hearing last week, Sen. Chuck Grassley (R-IA) questioned witnesses about Bidenomics and inflation. <br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

Witness Tells Chuck Grassley Spending Cuts Are ‘Best Way To Reduce The Debt-To-GDP Ratio’

⏲ 6:16 👁 1.8M

NASA will use 30 ground recording stations to monitor the sound produced by the X-59 QueSST experimental aircraft. Learn more about the equipment they will be using here. <br/><br/>Credit: NASA

NASA To Monitor How The X59 Supersonic Plane Sounds

⏲ 2:23 👁 520K

The Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses. In coming months, the SBA will launch a working capital pilot program designed to be more attractive than existing products. The program aims to provide small businesses funding for specific projects or to borrow against their assets. The SBA's new working capital lines offer small business owners the option to fund specific projects or borrow against their assets, with interest rates ranging from approximately 12% to 15%.

SBA to Introduce New Government-Backed Credit Lines Up to $5 Million for Small Businesses

⏲ 0:36 👁 575K

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