Good afternoon and welcome to Markets Desk.
Small businesses are bracing for fresh turbulence as the latest round of Trump tariffs took effect Friday. The policy shift is deepening uncertainty around supply chains and pricing, with some firms describing the environment as fundamentally altered while others are absorbing the changes as part of an already volatile landscape.
Shifting to media, the Paramount Skydance and Warner Bros. Discovery mega-merger is now on pause. The two sides have agreed to freeze the deal until five days after pending antitrust rulings come down, or until June first, two thousand twenty seven, whichever arrives first. The company faces challenges from twelve states and the Writers Guild of America, making the legal timeline genuinely unpredictable.
And in a story that speaks to the power of a single athlete on a market, the cheapest ticket to the WNBA All-Star Game is now one hundred eighty five dollars. Indiana Fever guard Caitlin Clark returns to the All-Star roster after missing the two thousand twenty five game with a groin injury, and demand for seats has responded immediately and sharply.
That's the tape. Markets Desk, signing off the floor.
