business news today

Paramount shutters site, lays off 25% of staff

MTV News is shutting down as a result of layoffs at Paramount.

The news division’s shuttering comes less than a week after Paramount Global’s first quarter earnings call, during which the company posted significant losses including an 11% drop in

GDP Growth Slowed, But It’s Not All Bad News

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Another quarter, another Rorschach test on the state of the American economy.

Surprisingly