Mary Whitfill Roeloffs, Forbes Staff

Netflix last week announced it would acquire Warner Bros. in a $83 billion deal.

The consumer base for luxury goods is shrinking—but the ultrawealthy are still spending.

The five richest people in the world are worth nearly a combined $46 billion less Thursday afternoon due to a market sell-off spurred by dumping of artificial intelligence stocks, mixed fourth quarter results from Disney and general economic uncertainty as the longest government shutdown in American history comes to an end.

Dozens of pieces are expected to fetch half a billion dollars in all when they’re auctioned Tuesday night.

Ronaldo became the first active team-sport athlete to surpass $1 billion in career earnings in 2020.

Sweeney said the American Eagle advert heard around the country “didn’t affect me one way or the other.”