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☆ Utah Hockey Club is beefing up Salt Lake City's roster as a sports hub
▼ + stars: | 2024-11-20 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Salt Lake City checked all the boxes for a new professional sports team — particularly in the National Hockey League. Salt Lake City kicked off its first season in the NHL this year after the Utah Hockey Club relocated from Phoenix. The early excitement of the fanbase, marked by sellout crowds and high merchandise sales, is solidifying Salt Lake City as a sports market. So far, every one of the 11,131 unobstructed view seats at Delta Center has been sold out, according to the Utah Hockey Club. The Utah Hockey Club generated the highest retail sales on its opening night of any hockey team this season, including the Florida Panthers, the 2023-24 Stanley Cup champions, according to the Utah Hockey Club.

Persons: Ryan Smith —, Ryan, Ashley Smith, Smith, Gary Bettman, —, Chad Hutchinson, Hutchinson Organizations: National Hockey League, Salt Lake City, NHL, Utah Hockey Club, National Basketball, Utah Jazz, Major League Soccer's, National, Soccer League's Utah Royals, Smith Entertainment Group, Arctos Partners, Delta Center, Delta, NBA, Florida Panthers, Utah Hockey Club's, Vegas Golden Knights Locations: Salt Lake City, U.S, —, Salt Lake, Phoenix, Salt, Utah

Below, we've compiled everything you need to know about how to watch the NWSL Playoffs, starting with this weekend's quarterfinals. How to watch NWSL Playoffs in the USThe NWSL Playoffs will air across multiple streaming services and networks. Prime Video subscriptions start at $9/month, but you can also access Prime Video with a standard Amazon Prime subscription. Cord-cutters can live stream ABC through a live TV streaming service like DirecTV Stream or Fubo. Check price at ExpressVPNHow to watch NWSL Playoffs with a VPNSign up for a VPN if you don't have one.

Persons: We'll, Orlando Pride, ExpressVPN Organizations: Business, National Women's Soccer League, NJ, NY Gotham FC, Portland Thorns, Chicago Red Stars, Orlando Pride, Orlando Pride , North Carolina Courage, . Kansas City, Bay FC, Washington, Video, CBS, ABC, Orlando, Amazon, Amazon Prime, Carolina Courage, Paramount Plus, Paramount, Showtime, Nickelodeon, Comedy Central, BET, MTV, DirecTV, DirecTV Stream Locations: Orlando Pride ,, Bay, NJ

Over 200,000 people looked up the “4B movement” on Google on Wednesday, making it one of the top trending topics on the online search engine. Of the female voters, 91% of Black women voted for Harris vs. 7% who voted for Trump, and 57% of college-educated white women voted for Harris vs. 41% who voted for Trump. Of the male voters, 37% of white men voted for Harris vs. 60% who voted for Trump, and 47% of college-educated white men voted for Harris vs. 50% who voted for Trump. Aleisa Mora, 30, posted a TikTok about the 4B movement in March after reading the English translation of the book “Kim Jiyoung, Born 1982” by Cho Nam-Joo, which is largely credited as the book that began the 4B movement. However, she said those comments only underscore her belief in why the 4B movement is needed in the United States.

Persons: Donald Trump, Meera Choi, ”, Choi, Kamala Harris, —, Harris, Joe Biden, ” Choi, Yoon Suk Yeol, Aleisa Mora, Kim Jiyoung, Cho Nam, “ We’ve, Ahn Young, we’re, ’ ” Mora, Marykate Cecilia, “, Cecilia, ” Cecilia Organizations: Google, Yale University, South, “, Trump, NBC, Data, World Bank, U.S Locations: TikTok, South Korea, South Korean, United States, Seoul

☆ How Trump's victory could change abortion rights in America
▼ + stars: | 2024-11-07 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Voters in seven out of 10 states approved ballot measures this week to safeguard abortion rights, a hot-button issue that helped drive Americans to the polls. Trump has waffled considerably on his position on abortion, most recently saying he would not support a federal ban and wants to leave the issue up to the states. "The more restrictions we see on abortion over the next four years, the worse health outcomes are going to be. People are suffering and dying unnecessarily," said Katie O'Connor, senior director of federal abortion policy at the National Women's Law Center. At least 70% of Americans oppose a federal ban on abortion or a ban on the procedure at six weeks.

Persons: Donald Trump, Donald Trump's, Trump, Katie O'Connor, Roe, Wade, O'Connor Organizations: Washington , D.C, National Women's Law, PBS, Associated Press, NORC, for Public Affairs Research, Guttmacher Institute Locations: Washington ,, U.S, telehealth

☆ Despite a strong economy, some women are finding it harder to make ends meet
▼ + stars: | 2024-10-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

There is also a larger share of single women with children. As marriage rates fell, the number of women heading families rose. Across the board, women in the workforce faced steeper job losses and slower job recovery than men, according to research by the U.S. Census Bureau. Yet, even now, the labor force participation rate for women has not fully returned to pre-pandemic levels. "This is another area where we see returning to a pre-pandemic status quo as not good enough," said Julie Vogtman, the National Women's Law Center's director of job quality.

Persons: Marc Morial, Julie Vogtman Organizations: U.S, Center for American, Finance, U.S . Census, National Urban League, CNBC, National Women's Law

The National Women's Soccer League unveiled the name of its 15th team Tuesday, dubbing the Boston squad BOS Nation Football Club. Boston Unity Soccer Partners is an "all-female core ownership group," led by founder of Juno Equity and minority owner of the Boston Celtics Jennifer Epstein. “It’s so important for kids to see themselves in their role models and I’m grateful to have the opportunity to support the growth of women’s soccer and sports in my hometown." BOS Nation will host home games in White Stadium, the second venue anchored by a women's professional sports team in the world, according to the team's statement. "BOS Nation FC is committed to pushing boundaries both on and off the field, signaling the enthusiasm for women’s soccer in Boston."

Persons: Boston Celtics Jennifer Epstein, Stephanie Connaughton, Ami Danoff, Anna Palmer, ” Epstein, Tom Brady, Epstein, Aly Raisman, Elizabeth Banks, Banks, “, ” Raisman, BOS Organizations: Women's Soccer League, Boston, BOS Nation Football Club, Boston University Soccer Partners, Boston Unity Soccer Partners, Juno Equity, Boston Celtics, Patriots, Celtics, Bruins, Red Sox & Patriots, Nation FC Locations: BOS, Boston, Massachusetts, White, North America

Their employment rate is also slightly lower than women in their early 20s. "This smaller share reflects the fact that, within marriages, mothers are still more likely than fathers to specialize in child care," the Fed noted. Today, 26% of mothers are stay-at-home parents, compared with just 7% of fathers, according to a separate Pew study from August. Mothers working full time and year-round outside the home rarely recoup the lost wages, which add up to $20,000 a year, on average. Working moms are making just 71 cents for every dollar paid to fathers, according to an analysis of Census data by the National Women's Law Center.

Persons: Kelly Shue Organizations: Federal Reserve, Pew Research Center, Yale School of Management, CNBC's, National Women's Law

☆ CNBC Sport: Shams Charania on joining ESPN and life after Woj
▼ + stars: | 2024-10-10 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +21 min

Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said. They worked together at Yahoo Sports before becoming rivals, only for Charania to eventually take over for Wojnarowski at ESPN. Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said.

Persons: Alex Sherman, Shams, Adrian Wojnarowski, Charania, FanDuel, Jimmy Pitaro, It's, Pat McAfee, Wojnarowski, I'm, Jim Rome, I've, he's, that's, He'll, I'd, Adam Silver, Bob Kraft, Jessica Berman, CNBC's Jessica Golden, Craig Kilborn, Colin Neville, Jim Ratcliffe, Joe Tsai, Colin, Neville, dealmaking, We've, CNBC's Contessa Brewer, Jim Allen, Adam Greenblatt, isn't, Tiger Woods, Tigeraire, Woods, CNBC's Lillian Rizzo, Rudy, Rudy Ruettiger, Kevin Mayer, Tom Staggs, Read, Yahoo's Ross Dellenger, we've, Woody Johnson, Woody Johnson —, Johnson, Robert Saleh, Derek Jeter, Shams Charania, Raine Organizations: CNBC, ESPN, FanDuel TV, The, ESPN TV, Worldwide, Sports, NBA, Yahoo Sports, Wojnarowski, Yahoo, I'm, NFL, Miami Dolphins, Buffalo Bills, Los Angeles Chargers, Dolphins, New England Patriots, National Women's Soccer League, Chelsea Football Club, Manchester United, Brooklyn Nets, Premier Lacrosse League, Youth, NCAA, UFC, CNBC Sport, Rock, Seminole Gaming, U.S . Patent, Sun, QVC, Notre Dame, Disney, Candle Media, SEC, Big Ten, ACC, Jets, Apple, Hollywood, Diamond Sports Group, Bally Sports, Wildcats, College Football, Sinclair, Raine Group Locations: Raine, DraftKings, U.S, Las Vegas, Florida, Tigeraire, Northwestern

☆ Robert Kraft, professional sports leagues join forces with campaign against antisemitism
▼ + stars: | 2024-10-10 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Robert Kraft, Founder of the Foundation to Combat Antisemitism (FCAS), Lights the Empire State Building to Stand Up to Jewish Hate and All Hate on October 7, 2024 in New York City. The biggest names in sports are joining forces in a new campaign to combat antisemitism. The Foundation to Combat Antisemitism, founded by Kraft, says 10% of U.S. adult males are blatantly prejudiced against Jewish people and tend to be outspoken about it. Kraft founded the Foundation to Combat Antisemitism in 2019 to help address the rising hate against Jews in the United States. In June, he announced a $1 million donation to Yeshiva University to cover tuition for Jewish students who wish to transfer.

Persons: Robert Kraft, Billie Jean King, Shaquille O'Neal, Jim Harbaugh, Doc Rivers, Joe Torre, Ryan Blaney, Candace Parker, Kraft Organizations: Foundation, Combat, New England Patriots, Major League Baseball, Major League Soccer, National Basketball Association, National Football League, National Women's Soccer League, NASCAR, Defamation League, The Foundation, Kraft, San Francisco 49ers, Seattle Seahawks, Columbia University, Yeshiva University Locations: New York City, U.S, Israel, United States, mater

Latina women working full time, year-round earn 58 cents for every dollar paid to white, non-Hispanic men, according to data collected by the National Women's Law Center. That gap in pay translates to a loss of nearly $1.3 million over a 40-year career. Break that down further and Latinas lose $32,070 in wages per year, or $2,672 every month, compared with the dominant cohort. "The increase in lifetime losses and widening of the wage gap for all Latina workers, including part-time workers, is likely because white men's wages are increasing at a faster rate than other demographic groups," said Ashir Coillberg, NWLC senior research analyst. Despite the narrow improvement for full-time workers, the gap actually widens for part-time and part-year Latina workers, falling to 51 cents on the dollar compared with 52 cents last year.

Persons: NWLC, Ashir Coillberg Organizations: National Women's Law, Latina Locations: San Diego, San Diego , CA

☆ CNBC Sport: A responsible look at women's sports exuberance
▼ + stars: | 2024-10-03 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +28 min

Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest. You have the WNBA rights term worth $2.2 billion over 11 years with league expansion going from 12 to 15 teams. Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest.

Persons: Alex Sherman, Jeff Zucker, Patrick Whitesell, Zucker, Scripps –, it's, Alex Michael, he's, Michael, they're, There's, Caitlin Clark, Michael said, weathers, AEW, I'm, Tony Khan —, he'd, Khan, US Networks Kathleen Finch, Max, hasn't, Finch, Rob Manfred, doesn't, CNBC's Lillian Rizzo, Craig Kilborn, Barrett, Jackson, Caitlin Clark's, You've, Soccer League's Nielsen, Tom Brady, Father, Brady, Jess Golden, Michael Jordan, Libs, Jim France, OneFootball, Lionel Messi, Jessica Pegula, CNBC's, Venu, Fubo, Venu …, Nike, Matthew Friend, John Donahoe, Elliott Hill, Sabrina Ionescu –, Jane Hali, Jessica Ramirez, AE1, Gabrielle Fonrouge, Ariel Atkins, DiDi Richards, Craig Hudson Organizations: CNBC, Endeavor, WNBA, NCAA, National Women's Soccer League, Amazon, CBS, ESPN, Scripps, NBA, Fox, NBC, Apple, Google, MLS, Clark, Warner Bros ., TNT, TBS, Warner Bros, Discovery, US Networks, Diamond Sports Group, U.S, Bankruptcy, Southern, Southern District of, Major League Baseball, Atlanta Braves, MLB, Holdings, UFC, WWE, WME Sports, ATP, Miami, NCAA Women's, Soccer, Angel City FC, NFL, Premier League, Netflix, Tech, CNBC Sport, Father Time, NASCAR, Motorsports, Major League Soccer, American, NHL, Buffalo Sabres, Bills, Disney, International Center for Law & Economics, Nike, New York Liberty, Air Force, Air Jordan, League Men's NCAA, Gonzaga, Pac, West Coast Conference, FloSports, Sports, Indiana Fever, Washington Mystics, Capital, Washington , D.C, Washington Post Locations: York City, Southern District, Southern District of Texas, OpenBet, U.S, Kobe, Washington ,

☆ A 'gender promotion gap' fuels wealth inequality between men and women, Yale professor says
▼ + stars: | 2024-09-25 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

PeopleImagesProgress toward narrowing the gender pay gap has mostly stalled, in part due to something researchers call the "gender promotion gap." Women are about 13% less likely to be promoted than men, according to Shue's research. That imbalance is a major driver in the persistent income inequality between men and women, she said. About 70% of the gender wage gap is due to women occupying different positions compared to men, according to Shue. But even when men and women occupy the same position, women are paid less, she added.

Persons: Kelly Shue, Shue, Lean Organizations: Yale School of Management, CNBC's, Census, National Women's Law, Lean, McKinsey Locations: America

President Joe Biden welcomed the Gotham Football Club to the White House on Monday, the first National Women’s Soccer League championship team to have the distinction. Biden then welcomed to the stage former U.S. women's national soccer team star Ali Krieger, who played with Gotham until her retirement last year. "Reflecting on my career, I recall times when women's soccer lacked coverage and support," Krieger said. Kevin Dietsch / Getty ImagesThough Gotham FC is the first NSWL team to reach the White House, it is not the only women's soccer team to be invited. Two other now-defunct leagues have been formed in the U.S. since 2000— the Women's United Soccer Association and the Women's Professional Soccer league.

Persons: Joe Biden, Biden, —, Ali Krieger, Krieger, Juan Carlos Amorós, Midge Purce, Kevin Dietsch, Barack Obama, ” Krieger Organizations: Gotham Football Club, White, National Women’s Soccer League, team, Gotham, NJ, NY Gotham FC, Women's Soccer League, Gotham FC, Women's United Soccer Association, Professional Soccer, Sky Blue FC, WPS, White House Locations: York, New Jersey, San Diego, U.S, New York

☆ WNBA to add expansion team in Portland, bringing league to 15 franchises
▼ + stars: | 2024-09-18 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

The WNBA is adding its 15th team in Portland, the third new franchise as part of its most recent expansion, the league announced Wednesday. The Portland team will play in the Moda Center, the same arena as the NBA's Portland Trailblazers. Portland has had a WNBA team before, but it shut down after a few years in 2002. The addition of the new Portland team underscores booming growth for both the WNBA and women's sports in general. The 2024 WNBA season has seen record numbers for both in-person attendance and viewership, according to data from the WNBA for the start of the season.

Persons: Lisa Bhathal Merage, Cathy Engelbert, A'ja Wilson, Caitlin Clark, Angel Reese Organizations: Portland, RAJ Sports, WNBA, Moda Center, Women's Soccer League, Thorns, Sacramento Kings, Delta Air Lines Locations: Portland, Toronto

☆ The top 10 best states for working women: 'There are vast disparities' throughout the U.S., says expert
▼ + stars: | 2024-09-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Oxfam recently released its Best and Worst States to Work in the U.S. report, which considers criteria like minimum wage, paid leave and the ability to organize. "There are vast disparities and access to critical workplace protections that vary by state," says Inimai Chettiar, president of the work-family justice organization A Better Balance. Oxfam then narrowed in on policies that have an outsized effect on women and women of color, specifically, to rank the best states for female employees. Oxfam examined each state's tipped minimum wage, for example, as nearly seven in 10 tipped workers are women, according to the National Women's Law Center. Nevada"I think these states generally have been a little bit more forward thinking in terms of their leave and discrimination policies," says Chettiar.

Persons: Inimai Chettiar, Kaitlyn Henderson, Mason, Dixon, there's Organizations: Oxfam, States, D.C, National Women's Law, National Center for Education Statistics, Oregon, of Columbia, Illinois, Minnesota, Washington, Connecticut, Massachusetts, CNBC Locations: U.S, Washington, California, Oregon, . New York, Nevada, South Carolina, Tennessee

☆ U.S. median household income rose to $80,610, the first significant increase since 2019—but it's not good news for everyone
▼ + stars: | 2024-09-12 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

White and non-Hispanic white households were the only racial or Hispanic-origin groups whose incomes rose significantly, growing by 5.4% and 5.7%, respectively. Median household income in the U.S. rose to $80,610 in 2023, according to U.S. Census Bureau estimates . While Black and Hispanic household incomes did increase, they only grew by 2.8% and 0.4% from 2022 to 2023. The gap between Asian and white non-Hispanic household earnings shrank slightly between 2022 and 2023, while the gap between white non-Hispanic and Hispanic household incomes grew. That figure drops to about $62,000 for Hispanic households and to about $45,000 among Black households in 2022, according to the Fed.

Organizations: Census, Fed, National Women's Law Locations: U.S

☆ Women's sports are on an upward trajectory as fans, brands engage
▼ + stars: | 2024-09-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The fervor and passion surrounding women's sports aren't going to go away, said Jessica Berman, commissioner of the National Women's Soccer League. Gotfredson noted that fans of women's sports are "fanning differently" and are more engaged "from a brand partner perspective" than those who follow men's sports and male athletes. "It's still a small percentage of brands spending in women's sports," she said. Both Brink and USC's women's basketball star JuJu Watkins agreed that more women's sports games need to be more accessible for fans, with Brink saying "keep showing it and making it easier to watch." Yet Berman said women's leagues have a lot of catching up to do.

Persons: Caitlin Clark, Destanni Henderson, Jessica Berman, They're, We've, Berman, Sara Gotfredson, Gotfredson, Cameron Brink, Angeles Sparks, USC's, JuJu Watkins, Brink Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, National Women's Soccer League, CNBC, Trailblazing Sports, Women's National Basketball Association, Google, Ally Bank, AT, Angeles, United States Soccer Federation Locations: Gainbridge, Indianapolis , Indiana

☆ Restaurants fight back against the FTC crackdown on 'junk fees' as diners balk at new charges
▼ + stars: | 2024-08-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

Leopatrizi | E+ | Getty ImagesLawmakers want to crack down on "junk fees," but restaurants are trying to stay out of the fight. The Biden administration has broadly targeted so-called junk fees, like an undisclosed service charge for concert tickets or unexpected resort fees when checking out of a hotel. The Biden Administration is attempting to crack down on so-called "junk fees" in retirement accounts with a rule prosed by the U.S. Labor Department. Lobbyists vs. legislatorsOn the state level, restaurants have already had some success in getting excluded from the fight over junk fees. California's SB 478 law would ban so-called "junk fees".

Persons: Birkin, Biden, Joe Biden, Chip Somodevilla, Biden administration's crosshairs, Sean Kennedy, Kennedy, Andres Clavero, Clavero, Galit, Peter Demetri, Tai Huh, Huh, CSHG Organizations: Getty, National Restaurant Association, Federal Trade Commission, White, Biden Administration, U.S . Labor Department, National Women's Law, Cambridge Street Hospitality Group, Health, Restaurant Association, California's Locations: Los Angeles, Chicago, Washington ,, New York, Denver, Asian, Massachusetts, California, –, Oakland , California

☆ National Women's Soccer League gets rid of draft and raises players' minimum salary to $82,500 with new agreement
▼ + stars: | 2024-08-23 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

The National Women's Soccer League and its players have signed a new collective bargaining agreement that raises players' minimum salaries and eliminates the draft — making the NWSL the first professional sports league in the U.S. to grant unrestricted free agency to all players. The new agreement, announced on Thursday, extends the current contract with the NWSL Players Association to 2030. A record 56 NWSL athletes competed in the Games, including 19 players on the U.S. women's national soccer team, which won gold. The deal also increases the minimum salary for players from $48,500 in 2025 to $82,500 by 2030. The salary minimum for reserve players in Major League Soccer (MLS) is $71,401, and the minimum for senior players is $89,716.

Persons: Jessica Berman, " Berman Organizations: Women's Soccer League, NWSL, soccer team, CNBC, Major League Soccer Locations: U.S, England, Spain, Italy

☆ Why the gender pay gap has barely budged in decades, according to new Yale research
▼ + stars: | 2024-07-30 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

New research from Yale indicates that while the gender pay gap has been closing for decades, progress has nearly stalled since the mid-1990s — and women aren't benefiting from the incremental improvements. That's according to a working paper led by Jaime Arellano-Bover, a lecturer of economics at the Yale School of Management. However, by the late '90s and early 2000s, the pay gap among young workers stopped narrowing. Meanwhile, the research suggests that the retirement of older workers with wider gaps is the sole contributor to decreasing the gender pay gap overall. The study's findings challenge the assumptions that the narrowing gender pay gap is the result of better career opportunities for women, Arellano-Bover says.

Persons: Jaime Arellano, That's, Arellano, Bover, Rather Organizations: Yale, Yale School of Management, Census, National Women's Law, Arellano, Bover, CNBC

☆ The number of low-wage U.S. workers is dropping—but 23% still make less than $17/hr
▼ + stars: | 2024-07-23 | by ( Gili Malinsky | ) www.cnbc.com time to read: +6 min

"As they continue to annually increase their minimum wages, the number of low-wage workers does go down," says Henderson. Similarly, many states hiked their tipped minimum wages — or did away with a tipped minimum altogether. 53% of tipped wage workers earn less than $17 per hourAll that said, there are still nearly 40 million workers making less than $17 per hour. Nationwide, more than half, 53% of tipped wage workers earn less than $17 per hour, according to the report. A third, 33% of Latin or Hispanic workers and 32% of Black workers earn less than $17 per hour, compared to 21% of white workers, according to the report.

Persons: Kaitlyn Henderson, Henderson, Workers aren't, Judy Conti Organizations: Federal, Health, Education, Labor, Pensions, " Workers, Oxfam, Workers, Institute, National Employment Law, Bureau, National Women's Law, BLS, Agriculture, National Center, Farmworker Health, Census Bureau Locations: New York City, Washington, Maine, Oregon, EPI, Mississippi, Oklahoma, Louisiana, Kentucky, Texas, North Carolina, Mexico, West Virginia

☆ Here's what a Kamala Harris administration could mean for your wallet
▼ + stars: | 2024-07-22 | by ( Cnbc.Com Personal Finance Staff | ) www.cnbc.com time to read: +8 min

Harris' visit, following the attempted assassination of former President Trump, makes this her fourth trip to Michigan this year and seventh visit since taking office. However, Harris voiced some distinctions from Biden before becoming vice president, Watson noted. The vice president plans to bring more relief to borrowers, they said. Harris proposed repealing the Trump tax cuts to pay for it. — Jessica DicklerHousingHarris has been a proponent for affordable housing policies both during her tenure as vice president and as senator.

Persons: Kamala Harris, Trump, Olivia Troye, Amanda Stratton, Harris, Chris duMond, Chris Dumond, Biden, Garrett Watson, Watson, — Kate Dore, Drew Altman, Altman, She'd, Fatima Goss Graves, Roe, Wade —, Greg Iacurci, Pell Grant, Joe Biden, Miguel Cardona, Annie, Laura Veldkamp, Veldkamp, — Jessica Dickler, May, — Ana Teresa Solá Organizations: Getty, Tax, Tax Foundation, Biden, — Kate Dore Health, Affordable, Medicaid, National Women's Law, CNBC, Current U.S . Department of Education, Corinthian Colleges, U.S . Department, Corinthian, Columbia University Business School, U.S . Department of Housing, Urban Locations: KALAMAZOO , MICHIGAN, Kalamazoo , Michigan, Michigan, North Carolina, California, U.S

☆ Willow Bay, Bob Iger to take controlling stake in NWSL's Angel City FC at a $250 million valuation
▼ + stars: | 2024-07-17 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world's most valuable women's professional sports team. On Wednesday, Angel City of the National Women's Soccer League announced the couple had agreed to an investment of an undisclosed amount that values the team at $250 million. The club said Bay and Iger will invest an additional $50 million in the club's future growth. Bay will serve on and have full control of the Angel City FC board, the team said. Last year, Angel City FC generated the highest revenue of any women's team in the world.

Persons: Bob Iger, Willow Organizations: Walt Disney Co, Allen & Company Sun Valley Conference, Angel City Football Club, National Women's Soccer League, Angel City FC, ACFC Locations: Sun Valley , Idaho, Willow, Angel City

☆ The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
▼ + stars: | 2024-07-11 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

"We've had a tremendous amount of interest [from private equity firms], and we believe this could make sense for us in a limited fashion, probably no more than 10% of a team. The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. "I think it may be leading to some rethink into the consideration of letting private equity, as an example, or institutional investors into the NFL." Private equity incentives around reaching investment targets and exit thresholds could alter the motivations for ownership in ways that make the bigger sports leagues uncomfortable. Private equity firms, tasked with finding investment vehicles to make returns on their assets under management, may be better suited to minority ownership.

Persons: Roger Goodell, Goodell, CNBC's Julia Boorstin, We've, Josh Harris, Harris, Andrew Ross Sorkin, Magic Johnson, Eric Schmidt, David Blitzer, They're, Ted Leonsis, You'll Organizations: National Football League, Allen & Company Sun Valley, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, NFL, Allen & Co, Sun Valley Conference, CNBC, Apollo Global Management, Washington, Summit, Washington , D.C, NBA, Blackstone Group, Philadelphia 76ers, New Jersey Devils, Women's Soccer League, Washington Capitals, Wizards, Mystics, ESPN Locations: Sun Valley , Idaho, Washington ,

☆ Amazon is winning the race for TV ad dollars, leaving Netflix and other streamers in the dust
▼ + stars: | 2024-07-05 | by ( Lucia Moses | Lauren Johnson | ) www.businessinsider.com time to read: +8 min

Both companies made a splash at this year's upfront presentations, where streamers make their pitches for the nearly $70 billion in annual TV ad spending and advertisers seek to lock down the bulk of their annual TV ad commitments. But among newer streamers, it's Amazon that's winning advertisers' wallets, several ad buyers told Business Insider. AdvertisementAmazon's big increase in ad inventory and lower ad prices, of about half the ad rate ($30 per 1,000 impressions) that Netflix sought when it launched its ad tier in 2022, put pressure on other TV ad sellers to lower their prices. A second ad-holding-company exec said they expected Amazon to be the third or fourth biggest TV ad seller in the upfronts, behind traditional TV stalwarts NBCUniversal and Disney and potentially YouTube. Data has shown that people watch three times as much Netflix as they do Prime Video, although Prime Video viewing is growing.

Persons: —, execs, NBCUniversal, They're, catchup, Netflix's, Max, Ed Papazian Organizations: Service, Netflix, Amazon, Business, Disney, Warner Bros, gunning, Sports, NBA, NFL, NASCAR, National Women's Soccer League, National Basketball Association, WWE, Fox, Wall Street, Prime, NBC, Media Dynamics

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