Paramount and Skydance announced Friday that, with the Trump administration’s approval, the highly anticipated merger between the entertainment giants is expected to take place next month.

President Trump said he sees Federal Reserve Chair Jerome Powell recommending that the central bank lower interest rates after meeting with him Thursday. "I think we had a very good meeting on interest rates.

Here's what to know about the drama between "South Park" and the White House. 'South Park' issues 'apology' to Trump for 'Sermon on the Mount' episode. The day after the "South Pa

However, industry observers have speculated that Colbert’s political satire may have played a role. Specifically, the Late Night host’s comedic takes against Donald Trump, including his his commentary on his parent company and their 60 Minutes settlement with the president and and the government’s review of Paramount’s merger with Skydance.