income

The Peterson Institute for International Economics forecasts that, combined with steep tariffs and mass deportation, these measures could lead to lower national income, reduced employment and inflation rates between 6% and 9.3% by 2026.

The company’s income before taxes in the fourth quarter decreased 6% to $900 million, though for the year it hit $7.6 billion, up from $4.8 billion a year earlier.

The company’s streaming business reported $321 million in operating income for the quarter.

The sports business’ operating income totaled $929 million for the quarter, down 5% from a year earlier.

Revenue rose 1% to $8.2 billion, while operating income fell 6% to $1.6 billion.