U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations.

Recent government data have shown further progress on trimming inflation closer to the Fed's 2% goal. Inflation in the U.S. hit a four-decade high in 2022, inspiring the U.S. central bank to institute a series of rate increases meant to cool the red-hot economy that developed in the aftermath of the brief but sharp pandemic recession.

Asian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to expectations

Shares of Warner Bros. Discovery Inc. Series A WBD surged 10.37% to $7.66 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P

Warner Bros Discovery expects to add more than 6 million subscribers to its Max streaming platform in the third quarter, as the service continues to build momentum in international markets. "We're starting to scale and in the second half of the year,

Shares of WBD were on pace for their largest percentage increase since Nov. 2, 2023, according to Dow Jones Market Data.