Marketplace Morning Report

It's a major Hollywood drama: Despite striking a deal with Netflix, the high-stakes bidding war for Warner Bros. Discovery shows no sign of cooling off. The company turned down a renewed offer from Paramount of $30 a share, signaling a continued preference for the Netflix deal. Thing is, the transaction will likely draw close regulatory scrutiny from the Trump administration. But first: messy economic data and a deal to buy TikTok's U.S. operations.

Electricity prices are up 6.9% year over year — much higher than overall inflation — and costs are expected to go up even more in the future. So, how are energy-hungry data centers, used to power AI, crypto, and more, impacting electric bills? That's a question that several Senate Democrats had, who opened an investigation into tech firms this week. Also on the show: TikTok ownership and real estate agents' thoughts on the market.

From the BBC World Service: The Chinese owners of TikTok have signed a deal to sell the company's ‌U.S. assets to a joint venture led by American investors. This morning, we'll parse the details of the agreement. Then, Ukraine will receive a loan of more than $100 billion from the European Union to fund its war against Russia. Plus, Morocco is staging the Africa Cup of Nations soccer tournament, but not everyone's pleased about the money being spent on it.

In his 19-minute address to the nation last night, President Donald Trump argued that he inherited a mess from former President Biden; the president claimed he'd made historic improvements to the lives of Americans over the past 11 months. Today, we'll dig into the claims — from the accurate, to the misleading, and the wrong. Also on the show: how scammers are using AI-generated ads to trick shoppers.

As the year draws to a close, it's clear that the post-COVID hiring bonanza has ended, and job-hunting has gotten trickier. Experts are predicting next year to be marked by more of the same: a low-hire, low-fire labor market. Plus, the Nasdaq asks the SEC for permission to allow close to 24/7 trading, and a federal appeals court is blocking the firing of most workers at the Consumer Financial Protection Bureau.