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The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms

The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms

Business News

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 receive future editions, straight to your inbox. Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among […]

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FDA says the Zepbound shortage is over. Here’s what that means for compounding pharmacies, patients who used off-brand versions

FDA says the Zepbound shortage is over. Here’s what that means for compounding pharmacies, patients who used off-brand versions

Business News

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The roughly $1,000 monthly price tag of Eli Lilly‘s weight loss drug Zepbound put the blockbuster treatment out of reach for Willow Baillies, 29, whose insurance does not cover it. Baillies,

FDA says the Zepbound shortage is over. Here’s what that means for compounding pharmacies, patients who used off-brand versions Read More »

Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Business News

Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat

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U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers

U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers

Business News

A Walmart truck pulls out of a Walmart Distribution Center in Hurricane, Utah, on May 30, 2024. George Frey | Afp | Getty Images The Consumer Financial Protection Bureau filed a complaint Monday against Walmart and work-scheduling platform Branch Messenger for allegedly forcing delivery drivers to use poorly managed and costly deposit accounts in order

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A CNBC holiday tradition: 13 anonymous media predictions for the new year

A CNBC holiday tradition: 13 anonymous media predictions for the new year

Business News

Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a CNBC holiday tradition: Anonymous media executives make their 2025 industry predictions. In honor of the 12 days of Christmas, we give you 12 predictions from some of the most powerful media and entertainment executives in

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FDA approves Eli Lilly’s weight loss drug Zepbound for sleep apnea, expanding use in U.S.

FDA approves Eli Lilly’s weight loss drug Zepbound for sleep apnea, expanding use in U.S.

Business News

An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.  Shelby Knowles | Bloomberg | Getty Images The Food and Drug Administration approved Eli Lilly‘s blockbuster weight loss drug Zepbound for treating patients with the most common sleep-related breathing disorder, the drugmaker announced

FDA approves Eli Lilly’s weight loss drug Zepbound for sleep apnea, expanding use in U.S. Read More »

Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge

Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge

Business News

Jason Wilk Source: Jason Wilk Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm. It was June 2023, and shares of his company had recently dipped below $5 apiece. Desperate to keep Dave afloat, Wilk found himself at a Los

Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge Read More »

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