Paramount stock plummets after Shari Redstone kills Skydance deal

Consumer prices expected to remain stable as Fed weighs 'bumpy' inflation impact on rate path On Wednesday, investors will digest one of the most important data points that will shape future Federal Reserve interest rate policy: May's Consumer Price Index.Yahoo Finance• Redstone Ends Discussions With Skydance Media Over Merger (Bloomberg) -- Paramount Global Chair Shari Redstone has decided to end negotiations for a merger between the legendary media company and David Ellison’s Skydance Media, according to people familiar with the …