Jane King: President prepared for long game in Iran INDIANAPOLIS (WISH) — Here is a look at Monday’s business headlines with Jane King, who provides the latest on international tensions, economic shifts, and industry updates. International Tensions and Global Trade Former President Don ald Trump is preparing for a “long game” regarding tensions with Iran, focusing on economic pressure rather than military action. Reports from The Wall Street Journal and CBC indicate that Iranian strikes in the Strait of Hormuz and Houthi attacks in the Red Sea continue to disrupt global shipping. On Saturday, Iran reportedly demanded billions of dollars and the removal of U.S. troops from the region as a condition for allowing traffic to pass through the waterway. Domestic Trends: Young Adults Moving Home The “boomerang” trend is reaching peak levels across the United States. According to data from the National Bureau of Economic Research cited by The New York Times, more than 25% of recent graduates ages 23 to 27 have chosen to live with their parents. This figure mirrors the height of the pandemic, with researchers attributing the shift to a weak entry-level job market. Media and Entertainment: Paramount’s Big Move Paramount Skydance has reached an agreement with major theater chains to guarantee the release of 30 movies annually if it acquires Warner Bros. Discovery. Under the terms, Paramount would release films exclusively in theaters for at least 45 days before making them available for streaming 90 days later. Despite the deal, many Hollywood unions, producers, and lawyers remain skeptical. Telecom: Verizon Service Restored Verizon restored service following a significant outage over the weekend that left thousands of customers without cell service on Saturday. Company officials stated that vandals targeting multiple fiber lines in California caused the disruption. Verizon advised any customers still experiencing issues to restart their devices. Market Update Despite a disappointing July jobs report on Friday, Wall Street surged. The SP 500 closed at another record high, though trading began the week with mixed results this morning. The High Cost of Meal Prep A new study by Talker Research and Izio Artisan Bakery reveals that parents spend a total of 432 hours on meal planning and preparation during the school year. On average, parents devote three hours to planning, three hours to grocery shopping, two hours to packing school lunches, and four hours to cooking during a typical school week. This story was formatted for WISHTV.com using AI-assisted tools. Our editorial team reviews and edits all content published to ensure it meets our journalistic standards for accuracy and fairness. ...read more read less