Jim Zarroli

It emerged Saturday that AT&T is set to buy Time Warner for about $85 billion. If approved by federal regulators, the merger would create a mammoth media and telecommunications company.

AT&T has agreed to terms with Time Warner to buy the media giant. "This is a perfect match of two companies with complementary strengths," AT&T Chairman and CEO Randall Stephenson announced.

Long synonymous with wealth and luxury, the desert kingdom is looking for ways to plug a growing budget deficit.

A report from a brand-consulting firm suggests that if the presidential candidates were cereal brands they probably wouldn't be on your breakfast table.

In hacked emails published by WikiLeaks, Hillary Clinton presents a more nuanced view of the financial system than her campaign speeches would suggest.

Wells Fargo says John Stumpf and the former retail-banking head will forfeit stock awards worth about $60 million combined, after employees opened unauthorized customer accounts to meet company goals.

Regulators say millions of unapproved credit card and bank accounts were opened for Wells Fargo customers. A big question is how to compensate those whose credit scores were hurt by what the bank did.

It's the first time Jann Wenner has allowed an outside investor to buy a part of the fabled magazine he founded in 1967.

Both Hillary Clinton and Donald Trump talk about increasing opportunities for coming generations. Some analysts say boosting economic growth would help, but the way there is complicated.

Hillary Clinton tends to focus on the importance of education in creating opportunity. For Donald Trump, the emphasis is on cutting taxes and rewriting trade agreements.

What can a city in decline do to make a comeback? In Springfield, Ohio, a new school is trying to turn the tide. But local leaders say keeping young people from moving away is key to economic revival.

It's population has shrunk and many of its manufacturing jobs have also disappeared. The city is working hard on a turnaround plan, but young people are still more likely to leave than stay.

Wells Fargo CEO John Stumpf appeared before the Senate Banking Committee on Tuesday to answer questions about the bank's sales tactics. Bank employees opened as many as 2 million unauthorized accounts in order to meet sales goals and collect bonuses. Wells Fargo agreed to pay a $185 million fine to the Consumer Financial Protection Bureau, but did not acknowledge any wrongdoing. Now the Justice Department is reportedly conducting its own investigation.

Republican presidential nominee Donald Trump says if he's elected president he will bring back some of the millions of manufacturing jobs that the United States has lost in recent decades. Democrat Hillary Clinton has a manufacturing plan as well, one she says will help create the manufacturing jobs of the future.

For a long time, coal was king in eastern Kentucky. But the industry today is hemorrhaging jobs. The region is now struggling to rebuild its economy and find new jobs for unemployed miners.

European Union regulators on Tuesday said Apple must pay a tax bill of $14.5 billion on its European profits earned in Ireland. Lots of people are reacting, including the Irish finance minister, the White House and stock analysts.

Vice Chancellor Sigmar Gabriel said talks over the Transatlantic Trade and Investment Partnership have "de facto failed." The climate for trade deals has soured on both sides of the Atlantic.

At a "listening session" at the Fed conference in Jackson Hole, liberal groups warn about the impact on poor and minority communities of raising interest rates too quickly.

On the campaign trail, Republican presidential candidate Donald Trump frequently promises to bring manufacturing jobs back to the U.S. But how realistic is it to think he could do that, if elected?

The new advisers include several longtime GOP fundraisers and critics of Hillary Clinton. The GOP presidential nominee's initial list last week consisted entirely of white men.