Teens from upper-income families are far more likely to work summer jobs than poor teens. What’s going on?
Teen employment in the U.S. has been declining for decades. Today, many working teens come from higher-income families that encourage them to seek learning opportunities outside of the classroom.
The $5 million Trump Card faces legal challenges, limited market
U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025. Kent Nishimura | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]
Nike’s outlook wakes up its stock. But execs still see a long road to full recovery.
Nike Inc. on Thursday reported fourth-quarter results that weren’t as bad as Wall Street expected, but the financials weren’t doing much for the sneaker maker’s stock in after-hours trade.
Nike (NKE) Q4 2025 earnings
Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest financial hit yet from its turnaround plan during its fiscal fourth quarter. While the worst could be behind the company, it has new challenges like tariffs to face, making a tough turnaround that much more […]
Why your Social Security check could shrink by nearly 20% — and more if jobs are scarce
America’s retirement trust fund is expected to run dry by 2034. A U.S. economic downturn would only make a bad situation worse.
RFK Jr. CDC vaccine panel backs Merck RSV shot for infants
The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Robert F. Kennedy Jr.’s revamped government panel of outside vaccine advisors on Thursday recommended the use of Merck‘s shot to protect infants from respiratory syncytial virus, a temporary reprieve for public health officials […]
PayPal partners with Big Ten, Big 12 on student-athlete payments
Global payment company PayPal announced on Thursday that it has inked a deal with the Big Ten and Big 12 conferences to allow student-athletes to receive compensation through the fintech company’s platform. The announcement comes just weeks after a court settlement in the House v. NCAA case, which dramatically shifts the college sports landscape by […]
JPMorgan has a new way of forecasting the stock market — and there’s a surprising finding
Strategists at JPMorgan led by Nikolaos Panigirtzoglou say they’ve created a model to forecast the direction over the S&P 500 over a six-month horizon
Nvidia’s $1.4 trillion comeback is now complete. The stock just closed at a record.
How the stock reached a new all-time closing high and reclaimed its spot as the largest company by market capitalization.
Tennis Channel, Women’s Tennis Association extend media deal
Coco Gauff of the United States lifts the winners trophy after her victory against Aryna Sabalenka in the Final of the Women’s singles competition on Court Philippe-Chatrier during the 2025 French Open Tennis Tournament at Roland Garros on June 7, 2025, in Paris, France. Sipa via AP Images The Tennis Channel is extending its deal […]
