Morgan Stanley shares pop as dealmaking drives record revenue under first-year CEO

Morgan Stanley’s profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record. The earnings rounded out a robust quarter for Wall Street banks, which benefited from a surge in mergers and acquisitions due to a strong US economy, interest-rate cuts and expectations of … Read more

Fed may cut rates sooner and faster than expected if inflation keeps cooling, key official predicts

Inflation is likely to continue to ease and possibly allow the central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said Thursday in comments that pushed against recent market moves that anticipate a shallower Fed rate path. Inflation “is getting close to what our 2% inflation target would be,” Waller said on CNBC, citing estimates indicating that one key measure … Read more

Mike Tomlin should ‘look into’ leaving Steelers: Ryan Clark

It may be best for both Mike Tomlin and the Steelers if they go their separate ways. That’s according to former Steelers captain and ESPN personality Ryan Clark, who suggested to TMZ Sports that Tomlin explore other opportunities. “Coach Tomlin should look into whether or not his voice is better suited somewhere else,” Clark said. … Read more

‘Anora,’ ‘The Substance’ and ‘Wicked’ among 2025 Producers Guild Awards nominees

Mikey Madison and Mark Eydelshteyn in the movie “Anora.” (Neon) The Oscar race for best picture came into clarity as the Producers Guild of America announced its nominees for the Darryl F. Zanuck Award on Thursday morning. Such widely predicted nominees as “Emilia Pérez” and “The Brutalist” were confirmed in the bracket of 10 features … Read more

The Sam Darnold ‘perception’ that shifted during nightmarish Vikings skid — and how much it’ll cost QB

Sam Darnold’s horrific stretch over the final two weeks of the Vikings’ season won’t have a detrimental impact on his future bottom line. That’s according to Bleacher Report’s James Palmer, who on Wednesday relayed the takes of NFL executives he spoke to about Darnold, suggesting the notion the quarterback’s career resurgence has shifted “more than … Read more

Justin Baldoni countersues Blake Lively, Ryan Reynolds; seeks $400 million-plus in damages

Blake Livey and Justin Baldoni have been locked in a legal and PR battle over their film “It Ends With Us.” (Joel C Ryan; Chris Pizzello/Invision / Associated Press) Justin Baldoni has filed a countersuit against his “It Ends With Us” co-star Blake Lively, her publicist Leslie Sloane and her husband Ryan Reynolds, dramatically escalating … Read more

Jessica Alba confirms split from Cash Warren after 17 years of marriage: ‘New chapter of growth’

Jessica Alba confirmed her split from Cash Warren. Matt Baron/BEI/Shutterstock Jessica Alba has confirmed her split from Cash Warren after 17 years of marriage. One week after reports surfaced that the two had separated and were headed for divorce, the actress took to social media Thursday to confirm the news. “I’ve been on a journey … Read more

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