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President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026.Kevin Lamarque | ReutersA 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.With the Trump administration weighing whether to allow stock donations to “Trump Accounts” for American children, the potential expansion is raising questions about the legal path — and highlighting the powerful tax benefits — to doing so. “We all want to maximize more multi-billion gifts into kids accts & the gifts…
Versant Media Group on Thursday unveiled results for its most recent quarter — its first as a standalone company after separating from Comcast’s NBCUniversal and beginning to trade on the Nasdaq earlier this year. The report highlighted growth across its digital and licensing businesses despite continued pressure in the traditional pay TV bundle. Linear distribution revenue for its pay TV networks — which includes CNBC, MS Now and the Golf Channel as well as USA, E!, Syfy and Oxygen — was down roughly 7% during the period to $1.01 billion. The company said that was due to subscriber declines and…
A cruise ship outbreak of hantavirus has rattled the public and reignited fears of another global health scare as passengers disperse across multiple countries, including the U.S. The World Health Organization reported 11 cases linked to the outbreak as of Tuesday, nine of which it confirmed, including three deaths. No Americans have tested positive as of Wednesday.Other passengers are being monitored in specialized medical units, including 18 in the U.S. across Nebraska and Atlanta. A handful of people not connected to the cruise are also being evaluated for possible exposure across several states. Treatments specifically for hantavirus are still years away: Shares…
After Ashley Carlson puts her two kids to bed, she stays up until 2 a.m. most nights drafting court filings — work she never imagined doing before SoFi sued her to collect $55,000 in defaulted student debt.For the last two years, she’s represented herself in a court battle with the private student-loan lender.Best-case scenario: Carlson gets her case dismissed, and her loans are discharged. In the worst case, she’ll owe her defaulted balance plus hundreds of dollars in legal fees, with the risk of wage garnishment and a hit to her credit score if she doesn’t pay up.Carlson is pinning…
Steve Antonioni used to think he was working toward early retirement. Loading audio narration… In 2022, the Toronto-based YouTuber told Business Insider he had saved about $90,000 in four years, enough to quit his corporate job and make videos full-time. He set a goal to save $1 million by 35, enough to feel financially independent.Four years later, Antonioni says his goals have changed. He’s no longer chasing a specific retirement number, and he doesn’t think of himself as someone who wants to stop working altogether.”I’m not retired, and I don’t intend to be,” he told Business Insider in a 2026…
David Solomon’s most definitive statement about how AI will affect Goldman came in a memo he released in 2025 alongside the firm’s president, John Waldron, and CFO Denis Coleman.The memo, announcing the third iteration of the bank’s cross-bank initiative OneGS, said that AI will drive efficiency at the firm, which will mean slowing hiring and reducing roles. (Goldman, with its yearly culling of some employees, is no stranger to job cuts.)”We will constrain head count growth through the end of the year, in addition to a limited reduction in roles across the firm,” the memo read. “These targeted steps are…
This as-told-to essay is based on a conversation with Tayler Ktestakis, a 28-year-old stay-at-home mom based in Utah County, Utah. It’s been edited for length and clarity. Loading audio narration… When I started posting about my side hustle journey on social media in 2025, I set a goal to pay off all of my debt, $141,000, by the time I turned thirty. I panicked the moment I set it.My husband and I hadn’t been prepared for the financial hit we took when I left my career as a utility billing specialist in 2024 to become a stay-at-home mom. We ended…
Celebrities, influencers, and business leaders are spinning up digital replicas of themselves using artificial intelligence. Loading audio narration… Is it creepy? Is it a clever way to expand your reach and make more money? Both?Some internet personalities are making digital avatars of their physical likeness for e-commerce or marketing. An AI avatar of Chinese influencer Luo Yonghao helped drive over $7 million in product sales during a livestream last year, for example.Others are training chatbots on their bodies of work to make a digital version of their minds or personalities available to fans at all times.The technology is seeping into…
This as-told-to essay is based on a conversation with Dean Grey, a participant in a program by AI Commons that aims to upskill and retrain workers who have been displaced by AI alongside a monthly stipend. Grey is an entry-level software engineer who is struggling with his job search. Loading audio narration… I never imagined I would become an early participant in what feels like a social experiment for the AI era. But after spending years trying to break into tech, only to watch entry-level jobs evaporate almost as quickly as I got there, that’s exactly where I found myself.I…
Anthropic CFO Krishna Rao says AI now writes 90% of the company’s code — and it’s changing what white-collar workers do all day. Loading audio narration… Rao, on an episode of Patrick O’Shaughnessy’s “Invest Like the Best” podcast published Wednesday, described a workplace inside Anthropic where AI systems increasingly handle the execution layer of knowledge work — from software engineering to financial reporting — while humans shift toward oversight, judgment, and strategy.”We’ve hired a lot more people because of that,” Rao said, adding that he sees Claude as a productivity “accelerant.””That actually means that we can get a lot more…