Dan Schwartzman

President Trump's nominee to be the next Fed chair, Kevin Warsh, has argued that AI is transforming the economy and that the central bank needs to acknowledge it.

The U.S.

and Iran making progress in nuclear talks in Geneva, with Iran saying it has reached a, quote, general agreement with the U.S.

on the basis of a potential deal that would lift sanctions on Tehran.

Iran is expected to present the U.S.

with a new detailed proposal in two weeks to address some gaps in negotiations.

The diplomatic progress came despite growing military deployments in the Persian Gulf and

with Iran today closing the Strait of Hormuz for several hours to conduct military drills.

Oil fell on the news of the positive negotiations to under $62.50 a barrel.

The Reverend Jesse Jackson, one of the most prominent civil rights activists, as well as a two-time presidential candidate and the founder of the Rainbow Push Coalition, has died at the age of 84.

Fellow civil rights activist Al Sharpton talked about his friend.

That's civil rights activist Al Sharpton.

Jackson had disclosed back in 2017 that he had Parkinson's disease.

A third round of U.S.-led negotiations on ending Russia's war on Ukraine began in Geneva.

There is little optimism that a breakthrough can be reached to stop the more than four years of fighting.

The talks are expected to address a wide range of issues, including territory, military, political and economic matters, and will continue for a second day on Wednesday.

Bloomberg's Oliver Crook with more.

That's Bloomberg's Oliver Crook.

Warner Bros.

Discovery will reopen negotiations with Paramount Skydance after Paramount proposed raising its bid and sweetening other terms of its offer.