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(Photo by Nicolas Economou/NurPhoto via Getty Images) Nicolas Economou | Nurphoto | Getty Images'That is a huge, huge gap'There is a growing disillusionment taking hold. Men are steadily dropping out of the workforce, especially those between the ages 25 to 54, which are considered their prime working years. A study by the Pew Research Center found that men who are not college-educated leave the workforce at higher rates than men who are. In 1995, both young men and women equally were likely to hold a bachelor's degree, at 25%. "That is a huge, huge gap," Pollak said.

Persons: Donald Trump, Kamala Harris, Nicolas Economou, Pollak, " Pollak, Brett House, —, Richard Fry, Fry, NEFE, Billy Hensley, Hensley, Ali Bustamante Organizations: Republican, Democratic, Getty, Nurphoto, Pew Research Center, Pew, Columbia Business School, CNBC, NEFE, Trump, Financial Wellness, Young, Roosevelt Institute Locations: Washington ,, U.S

☆ You can work at McDonald's and still become a millionaire, a financial psychologist says
▼ + stars: | 2024-11-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +8 min

Bernd Vogel | Stone | Getty ImagesBrad Klontz was drawn to financial psychology after the tech bubble burst in the early 2000s. GI: Does this suggest that people, no matter their socioeconomic circumstances, can lift themselves out of poverty if they adopt a rich mindset? A rich mindset puts an emphasis on owning their time versus owning a bunch of stuff. Bradley T. Klontz, Psy.D., CFP, is an expert in financial psychology, behavioral finance and financial planning. You can work at McDonald's your entire life and be a millionaire if you have that mindset.

Persons: Bernd Vogel, Stone, Brad Klontz, Klontz, Adrian Brambila —, Greg Iacurci, That's, I've, It's, I'm, They're, they're, Bradley T, Bradley Organizations: CNBC, Financial Wellness, IRA, BK Locations: McDonald's

☆ Student loan payment 'on-ramp' ends, putting some borrowers at risk of delinquency
▼ + stars: | 2024-10-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +5 min

watch nowThe one-year grace period for student loan borrowers who miss a payment expired this week. The goal of the 12-month "on ramp" to repayment was to give borrowers some breathing room as they worked student loan payments back into their budgets. Some borrowers haven't made payments in yearsCongress initially passed legislation to allow federal student loan borrowers to pause their loan payments in March 2020 as part of the Covid economic response. It's now been roughly a year since student loan payments resumed. TransUnion data shows that just over half of student loan borrowers made payments over the past several months.

Persons: servicers, haven't, they've, Billy Hensley, Intuit Credit Karma, Karma, Brandon Bell, Ted Jenkin, Jenkin, Sallie Mae's, delinquencies, Liz Pagel, hasn't, Pagel, Andrew Housser, Housser Organizations: National Endowment, Financial Education, CNBC, Financial Wellness, Board, Intuit Credit, Rice University Library, Getty, CNBC's, College, Finance Locations: HOUSTON , TEXAS, Houston , Texas, Atlanta

☆ It's not always 'a sexy thing' to be a millionaire, former NFL linebacker Brandon Copeland says. Here's why
▼ + stars: | 2024-09-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +10 min

Brandon Copeland Copeland MediaBrandon Copeland is a former NFL linebacker turned coach. Brandon Copeland: Feeling unprepared for some of the major financial decisions in life. I think that's important to start to develop your stomach. I always break that down as, that's a lot of Chipotle burritos, that's a lot of dinners, that's a lot of time with my family at the water park. Brandon Copeland Copeland MediaGI: One of the first things that you encourage people to do in the book is say aloud to themselves, "I can be wealthy."

Persons: Brandon Copeland Copeland, Brandon Copeland Copeland Media Brandon Copeland, gravitates, —, Cope, Copeland, Greg Iacurci, Brandon Copeland, That's, you've, Bloomberg —, I'm, it's Organizations: Brandon Copeland Copeland Media, NFL, National Football League, University of Pennsylvania's Wharton School, New York Jets, CNBC, Financial Wellness Advisory Board, Athletes.org, Orlando, Baltimore Ravens, NFL Players Association, Lions, Yahoo Finance, Wall Street Journal, Bloomberg Locations: isn't, New Jersey, Detroit

☆ $1 million hypothetical portfolios: How kids from wealthy families at an elite Swiss school learn about money
▼ + stars: | 2024-07-24 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Research shows taking a financial education class in high school does pay off. "Let's not leave financial education to TikTok," she said. Let's not leave financial education to TikTok. Yanely Espinal director of educational outreach at Next GenMany studies also show there is a strong connection between financial literacy and financial well-being. In addition, a study by the Brookings Institution in 2018 found that teenage financial literacy is positively correlated with asset accumulation and net worth by age 25.

Persons: dem Rosenberg, dem Rosenberg Bernhard Gademann, It's, Gademann, Tim Ranzetta, Yanely Espinal, Espinal, Let's, Yanely, Christiana Stoddard, Carly Urban Organizations: dem, Finance, Research, Tyton Partners, CNBC, Financial Wellness, National Endowment, Financial Education, Financial, Investor Education Foundation, Brookings Institution Locations: St . Gallen, Switzerland

☆ Achieve financial wellness: Be happier, wealthier and more financially secure
▼ + stars: | 2024-07-10 | by ( Cnbc Make It Staff | ) www.cnbc.com time to read: +2 min

Too much or prolonged financial stress can hurt your health and relationships, and if you don't address it, your existing financial troubles can snowball. Our new online course, Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure, will give you the tools you need to get your money life in order and feel confident about your future. Yanely Espinal, a director of educational outreach at Next Gen Personal Finance and member of the CNBC Global Financial Wellness Advisory Board, who noticed a gap in the education system and has made it her mission to educate young people about how to achieve financial wellness. Kamila Elliott, CEO of wealth management firm Collective Wealth Partners and member of the CNBC Digital Financial Advisor Council, who advises high-net-worth individuals and business owners on their financial planning, tax and investment needs. The most important step on your journey toward financial wellness?

Persons: We'll, You'll, Emmie Martin, Brad T, Yanely, Kamila Elliott Organizations: CNBC, CNBC Digital Financial, Finance, Financial Wellness Advisory Board, Wealth Partners

☆ Presidential debate live updates: Biden faces Trump in Atlanta
▼ + stars: | 2024-06-27 | by ( Dan Mangan Kevin Breuninger Christina Wilkie Brian Schwartz Rebecca Picciotto Josephine Rozzelle | Dan Mangan | Kevin Breuninger | ) www.cnbc.com time to read: 1 min

President Joe Biden and former President Donald Trump are squaring off in their first debate of the 2024 White House race in Atlanta on Thursday night. NBC News Now will stream CNN's Presidential Debate live. The 90-minute debate comes as Trump faces two pending criminal prosecutions over the Republican's efforts to overturn his defeat as president in the 2020 election to the Democrat Biden. There will be no studio audience for the debate, and each candidate's microphone will be muted when it is their opponent's turn to speak. CNBC's team of politics and economics reporters will be covering the candidates, the lead-up and the debate live from Washington, D.C.; CNBC Global Headquarters in Englewood Cliffs, New Jersey; and New York City.

Persons: Joe Biden, Donald Trump, Democrat Biden, Jake Tapper, Dana Bash Organizations: White, NBC, Trump, Democrat, CNN, Washington , D.C, CNBC Global Headquarters, New Locations: Atlanta, Washington ,, Englewood Cliffs , New Jersey, New York City

☆ Don't believe these money misconceptions: 3 things to know that can help improve your finances
▼ + stars: | 2024-04-25 | by ( Sharon Epperson | In Sharoneppersoncnbc | ) www.cnbc.com time to read: +4 min

Part of the problem: People continue to believe common misconceptions about managing and investing their money. When it comes to your retirement savings, target-date funds can be another smart option. Young couple managing finance and investment online, analyzing stock market trades with mobile app on laptop and smartphone. "People feel like, I can get a higher return with no risk … but basically, a higher return is always a reward for higher risk." There's almost no risk to money in federally insured deposit accounts, unlike investments that are subject to the daily changes in the stock, which can result in much higher risk.

Persons: Witthaya, Annamaria Lusardi, Paul Yakoboski, Young, Lusardi, There's Organizations: TIAA, Global Financial, Stanford Institute for Economic Policy Research, TIAA Institute, Target, CNBC, Financial Wellness, Board Locations: U.S

☆ Gen Z's key to financial security
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGen Z's key to financial securityYoung adults in the U.S. - ages 18 to 34 - are more likely than any other generation to say that "owning my own business" is key to their financial security, according to a new cnbc global your money survey. As part of its financial education initiative, CNBC, in partnership with Junior Achievement, brought together business leaders to discuss founding a company as a possible career path. CNBC'S Senior Personal Finance Correspondent looks at how this career exploration program in Denver aims to inspire high school students to become entrepreneurs.

Organizations: cnbc, CNBC, Junior Locations: U.S, Denver

In 2021, college athletes in the NCAA gained the opportunity to benefit financially from their name, image and likeness — known as NIL regulations. The NIL era has allowed college athletes to save for the future and seek professional financial advice in a way many 18- to 22-year-olds can't. NCAA athletes hire agents and financial advisors to help them negotiate NIL deals, ushering in new financial responsibilities. Copeland is the CEO of Athletes.org, an organization that focuses on helping college athletes navigate this new world. Morgan Stanley's head of Global Sports and Entertainment, Sandra Richards, and her team work with several NCAA athletes.

Persons: Caitlin Clark, Matthew Holst, Olivia Dunne, Chase Griffin, Griffin, Jayne Kamin, I've, He'll, Brandon Copeland, Copeland, Morgan Stanley's, Sandra Richards, Richards Organizations: Iowa Hawkeyes, Ohio State Buckeyes, Carver, Getty, NCAA, Louisiana State University, University of Iowa, UCLA, UCLA Bruins, Arizona Wildcats, Rose, CNBC, NFL, CNBC Global Financial Wellness, Global Sports, Entertainment Locations: Iowa City , Iowa, Pasadena , California

☆ Fedex CEO warned of 'worldwide recession' a year ago. Here's what he sees now
▼ + stars: | 2023-11-02 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

In September 2022, amid weak results that punished its stock, Fedex Raj Subramaniam warned that a "worldwide recession" was in the cards. That hasn't happened, but the Fedex CEO isn't exactly backtracking, and says several of the underlying reasons for his pessimistic call remain in place. "Those are three things negative to our industry and that's what I said," Subramaniam told CNBC's Holland. The Fedex CEO stressed that he made his call "early" so the company could get "significantly more efficient" and come out of a slowing global economy in better shape. Fedex shares have outperformed the market and its chief competitor UPS , which is down nearly 20% this year.

Persons: Fedex Raj Subramaniam, Subramaniam, CNBC's Frank Holland, CNBC's Holland, Brian Cornell Organizations: Fedex, CNBC, Walmart, Target, UPS

☆ As Disney, Fanatics threats emerge, FanDuel CEOs says online sports betting isn't for the 'faint of heart'
▼ + stars: | 2023-11-02 | by ( Ian Thomas | ) www.cnbc.com time to read: +3 min

Currently, 35 states and Washington, D.C., have legal sports betting, according to the AGA. Fanatics, the Michael Rubin-founded sports merchandise company, acquired the U.S. operations of PointsBet after a several-year pursuit of an entry to the sports betting market. "These are partnerships that we've been building up for years long before online sports betting was legal in the states." And oh, by the way, you're spending a lot of money making sure that again, you can responsibly bring consumers to your platform," Howe said. Hear how CEOs from Target, FedEx, Kraft Heinz, FanDuel and more are adapting, innovating and transforming in this new era of business.

Persons: FanDuel, Michael Rubin, Amy Howe, CNBC's Contessa Brewer, you've, Howe, there's, we've, It's, Kraft Heinz Organizations: Supreme, American Gaming Association, D.C, Caesars, Disney, ESPN, ESPN Bet, Penn Entertainment, CNBC's, CNBC, FanDuel, Ticketmaster, NFL, NBA, MLB, NHL, Google, Target, FedEx, Kraft Locations: U.S, Washington, PointsBet

☆ The 'biggest threat to global order since the 1930s' is underway and every CEO is talking about it
▼ + stars: | 2023-11-02 | by ( Deborah Kong | ) www.cnbc.com time to read: +3 min

That's according to Frederick Kempe, CEO of foreign policy think tank Atlantic Council, and it is a fear he says more CEOs of major corporations are focused on today. JPMorgan CEO Jamie Dimon recently warned, “This may be the most dangerous time the world has seen in decades.”According to Kempe, that's a feeling shared in many corporate boardrooms. The last three major inflection points in history were World War I, World War II, and the Cold War, and now the tensions and risks are higher than ever. Kempe believes it's up to the United States to ensure the global system stays intact. He cited how the choices made by the U.S. after World War I led to isolationism, the Holocaust, and millions of deaths, while the nation "got it right" after World War II, resulting in international institutions like the United Nations and NATO.

Persons: Frederick Kempe, Jamie Dimon, Kempe, that's, it's Organizations: Al, Atlantic Council, JPMorgan, CNBC, U.S, United Nations, NATO Locations: Al Bureij, Gaza City, Gaza, United States, Israel, Ukraine, Afghanistan, Russia, U.S

☆ Corporations say they have a new No. 1 risk, and they're spending big to defeat it
▼ + stars: | 2023-09-22 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +10 min

The Q3 survey of corporate finance chiefs finds a sharp rise in CFOs pointing to government regulation as the biggest risk factor for their business. From Q1 to Q3 2023, the percentage of CFOs saying government regulation is their biggest risk jumped from roughly 6% to 40%. This quarter, only 10% of CFOs cited inflation, while the 40% who pointed to regulation represented a more than doubling quarter over quarter. watch nowFor the business community's biggest advocacy group, getting back to normal also means confronting a new normal. "The emergence of government policy as risk relative to other risks has been growing substantially over the past decade."

Persons: Mark Wilson, Trump, Sanjay Patnaik, Neil Bradley, Patnaik, Obama, Biden, Bradley, it's, Dan Clifton, we've, It's, UnitedHealth —, Cisco's, Clifton, Lina Khan, She's Organizations: U.S, Capitol, Getty, CNBC, CNBC Global, Federal Trade Commission, Google, Microsoft, Amazon, U.S . Chamber of Commerce, Brookings Institute, Corporate, industrials, Corporations, ., Apple, market's, Union, EU, Horizon Therapeutics, Activision Locations: WASHINGTON, DC, Washington ,, Covid, Russia, Ukraine, China, U.S

☆ GOP lawmakers urge DOJ to probe Chinese IP theft from U.S. small businesses
▼ + stars: | 2023-06-15 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

WASHINGTON — Two top Republican congressmen on Thursday urged the Justice Department to investigate intellectual property theft from American small businesses by Chinese actors. "Ensuring the safety of American small businesses from IP-related crimes is crucial, and we urge the U.S. Department of Justice to utilize all tools and capabilities at its disposal," the lawmakers wrote. Gallagher is chairman of the House Select Committee on the Chinese Communist Party, while Williams chairs the House Committee on Small Business. Evidence of Chinese IP theft from U.S. businesses dates back several years. In 2019, 1 in 5 North American companies on the CNBC Global CFO Council reported IP theft from Chinese companies within the last year.

Persons: Mike Gallagher, Elise Stefanik, Steve Scalise, Wisconsin, Roger Williams of, General Merrick Garland, Gallagher, Williams, China — Organizations: Chinese Communist Party, Republican National Committee, Washington , D.C, WASHINGTON —, Justice Department, U.S . Department of Justice, Small, National Bureau, Asian, Commission, American Intellectual, U.S . Trade Representative, U.S, CNBC Global, CCP, DOJ's, Force, Intellectual, Fox Business, China, GOP Locations: Washington ,, WASHINGTON, Roger Williams of Texas

☆ How does 'work from anywhere' actually work?
▼ + stars: | 2022-10-19 | by ( Seema Mody | ) www.cnbc.com time to read: 1 min

If the entire world is your talent pool, would all your hiring challenges disappear? How much happier would your workers be if they could live and work wherever they want? The tax and benefit complications? Airbnb announced this bold experiment earlier this year allowing its employees to live and work anywhere without financial penalty. CNBC Global Markets Reporter and Host of "Trading Nation," Seema Mody speaks with Dave Stephenson, Airbnb CFO at the Workforce Executive Summit on October 13, 2022.

☆ 57% of execs say inflation has not peaked yet: CNBC Global CFO Survey
▼ + stars: | 2022-09-29 | by ( Frank Holland | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email57% of execs say inflation has not peaked yet: CNBC Global CFO SurveyCNBC's Frank Holland breaks down the results from CNBC's third-quarter Global CFO Council Survey on 'Worldwide Exchange.'

☆ Execs say inflation is the biggest risk to businesses: CNBC Global CFO Survey
▼ + stars: | 2022-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExecs say inflation is the biggest risk to businesses: CNBC Global CFO SurveyCNBC's Frank Holland joins 'Squawk Box' to break down the results from the latest third-quarter Global CFO Council Survey.

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