Maria Aspin

Two members of the Federal Reserve's Rate Setting Committee wanted to keep rates steady.

while a third member, appointed by President Trump on a temporary basis, voted for a deeper cut.

The Fed is trying to shore up a weakening job market, which it usually does by cutting rates.

But it's also trying to keep inflation under control, which it usually does by keeping rates higher.

Policymakers had to vote without seeing some of the latest jobs and inflation data, which was delayed by the six-week government shutdown.

Now Chair Jerome Powell says the Fed is ready to wait and see how the economy evolves.

Maria Aspin, NPR News, New York.

Paramount is taking on Netflix, which last week agreed to buy some of Warner Bros.

businesses.

Paramount wants to control all of them and is offering Warner Bros.

shareholders a deal worth $108 billion.

Paramount is also controlled by Larry Ellison, one of the world's richest people, and his son David.

But they're not putting up all the cash themselves.

Instead, they've lined up money from the governments of Saudi Arabia, Abu Dhabi, and Qatar.

Another investor has ties to China, and another was founded by President Trump's son-in-law, Jared Kushner.

Paramount says that if its hostile takeover succeeds, the Middle Eastern governments and Kushner's firm would not be involved in running Warner Brothers.

Maria Aspin, NPR News, New York.

Netflix is spending $72 billion to get even bigger.

The streaming giant has agreed to buy Warner Brothers Movie Studios and HBO Streaming Service in a mega deal that could reshape the entertainment industry.

The deal still needs regulatory approval, but the news sent Warner Brothers stocks soaring on Friday as the wider markets also rose.