Fed Elves Rebel, AI Discovers Gross Margins, Hollywood Money Gets Complicated, and Treasury Takes on the Woketopus

Welcome back to Friday. This is the Breitbart Business Digest weekly wrap, in which we coincidentally run through the economic and financial news of the previous seven days.

It was the final Fed week of the year and Saint Jerome came down the chimney with a rate cut for all the good little boys and girls, despite the objections from several naughty central banking elves. Shares of Oracle and Broadcom were pummeled by investors worried that there may be a bit more artifice and less intelligence to the AI boom. Treasury Secretary Scott Bessent is attempting to slay woke-to-broke banking regulation. Paramount is still fighting to get Warner Bros Discovery to cancel its Netfli

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