Ryan Kaji, the eight-year-old behind YouTube channel “Ryan’s World,” remained the video platform’s highest earner for a second year, raking in $26 million in 2019, according to Forbes’ annual list. This is up from the $22 million Kaji earned last year, having become popular in the “unboxing” genre of opening and trying out toys. His first channel “Ryan ToysReview” launched in 2015, later becoming “Ryan’s World,” now includes educational videos for kids, such as science experiments. Kaji, who liv

Global economic growth will be half as fast over the next decade as it was in the 2010s, according to an economist. With the global economy already showing signs of a slowdown, Simon Baptist, chief economist at the Economist Intelligence Unit (EIU) suggested that patterns of growth are changing, and that growth itself can no longer be taken for granted. The International Monetary Fund (IMF) recently downgraded its global growth expectations for 2019 to 3%, the lowest since the financial crisis i

The Ferrari GTO is considered “the Holy Grail in collectible cars,” according CNBC’s Robert Frank — only 36 were ever made. In June of 2018, a 1963 silver Ferrari GTO reportedly sold privately for $70 million and it’s believed to be the highest price ever paid for a car. In August of 2018, a red 1962 Ferrari 250 GTO was sold at auction for $48.4 million. Fisken sued Carl, for breach of contract, demanding that Carl immediately hand over the original gearbox. This, according to Forbes, is why the

CEO Of Netflix, Reed Hastings, attends the red carpet during the Netflix presentation party at the Invernadero del Palacio de Cristal de la Arganzuela on April 4, 2019 in Madrid, Spain. Streaming giant Netflix could become a bigger deal outside of the U.S., according to RBC Capital Markets. The firm sees Netflix’s stock rallying more than 30% in the next year thanks to an “international surge.” RBC Capital Markets has a $420 per share 12-month price target on Netflix. “We believe International c

Democratic presidential contender Mayor Pete Buttigieg was put on the defensive over a fundraiser he hosted inside a Napa Valley “wine cave” earlier this month, after rivals Sens. Elizabeth Warren and Bernie Sanders seized on the display to criticize his high-dollar fundraising practices during Thursday night’s Democratic debate. Billionaires in wine caves should not pick the next president of the United States,” Warren fired off at the Los Angeles forum. Surrogates for Sanders, the Vermont prog

Source: Jennifer AdolfieYou can save a shocking amount of money when you ditch the mall and shop at an online reseller. You can also spare the planet — at least a little — when you buy on the secondary market. Buying and reselling pre-owned helps goods find new homes as people grow more aware of the negative effects of fast fashion. Olaf Michalak / EyeEmSave hundreds of dollars when you buy refurbished. “Consumers are very happy to contribute to helping the environmental crisis by buying refurbi

Student debt is leading job seekers to seriously consider positions at employers that offer loan repayment assistance as a benefit. The average college graduate leaves school $30,000 in the red today, up from $10,000 in the 1990s. Student loan assistance, which started as a niche offering by a handful of companies, is slowly finding its way into the mainstream menu of workplace benefits — although it’s still not exactly widespread. More from Personal Finance:Student loan debt a challenge … int

The IRS currently requires savers to make withdrawals from their retirement accounts starting at age 70½. The dreaded required minimum distribution, or RMD, applies to most individual retirement accounts, as well as work-based accounts such as 401(k) and 403(b) plans. The bill just passed in the Senate would also require certain beneficiaries who inherit retirement accounts to spend down the money within a decade. You could have more time with your 401(k) if you’re still working and your employe

Bernie Sanders won the December Democratic debate, according to one focus groupDemocrats faced off in the final debate of 2019. Pollster and political strategist Frank Luntz joins “Squawk Box” to discuss what he learned from holding a focus group from the debate.

Tariffs have hit the consumer as well as businesses, policy expert saysMichael Strain, director of economic policy studies at the American Enterprise Institute, and Austan Goolsbee, professor at the University of Chicago Booth Business School and former chairman of the Council of Economic Advisers, join “Squawk Box” to discuss what the latest GDP data suggests about the economy.

Critics believe that bitcoin will do neither and call it a dangerous, modern day bubble like Holland’s tulip bulb mania in the 1630s. Jamie Dimon, chairman and CEO of Wall Street banking powerhouse J.P. Morgan Chase, can be counted in the latter camp. In September 2017, about three months before bitcoin hit an all-time high of nearly $20,000 per unit and crashed shortly thereafter, Dimon dropped a bomb on the crypto world. The J.P. Morgan CEO found himself being asked about bitcoin everywhere he

The technology could enable Apple to circumvent a traditional wireless network and improve functions like location tracking. Apple would be the latest entrant into an increasingly crowded, high-stakes market that includes SpaceX and Amazon. In 2015, Facebook decided against spending up to $1 billion on a satellite that would provide internet to underserved regions in Africa and other continents. Microsoft founder Bill Gates in the late ’90s helped fund Teledesic, in an effort to build low-Earth

Gross domestic product increased at a 2.1% annualized rate, the Commerce Department said in its third estimate of third-quarter GDP. Despite the unrevised reading, which was in line with economists’ expectations, consumer spending was stronger than previously reported. That was down from the previously reported 2.3% pace and an acceleration from a 1.4% growth rate in the second quarter. Inventories rose at a $69.4 billion pace instead of the $79.8 billion rate reported last month. The trade defi

Shares of Care.com were, indeed, gaining more than 13% on the news at the open. However, Care.com shares cratered earlier this year from March all-time highs of nearly $26 each, after a Wall Street Journal investigation questioned the online marketplace’s vetting process for its caregivers. In a CNBC interview on Friday, IAC Chief Executive Officer Joey Levin said that Care.com has made a lot of progress on safety since March. As part of the IAC deal, Tim Allen, an IAC executive, will become CEO

ViacomCBS announced Friday that it is taking a 49% stake in Miramax for $375 million. Miramax is owned by Qatar-based international media company beIN Media Group, which will retain a 51% stake in Miramax. ViacomCBS said the investment will lead to “new production and co-financing opportunities in film and TV,” along with new distribution opportunities. The company was later sold to Disney in 1993, with the Weinstein brothers leaving to form the Weinstein Company in 2005. The Weinstein Company f

Tim Cook, CEO of Apple, speaks during an Apple special event at the Steve Jobs Theater in Cupertino, California, March 25, 2019. Early interest in the 5G iPhone is creating a “perfect storm” for Apple in 2020, Piper Jaffray said in a note on Friday. The financial firm polled U.S. iPhone users and found strong interest in upgrading to a 5G iPhone, even if it costs $1200. Piper kept its overweight rating on the stock and raised its price target to $305 per share from $290, representing an 8.9% ups

The juice hasn’t been squeezed out of this rally yet, according to Wilmington Trust’s Meghan Shue. She believes stocks will gain another 5% to 7% over the next three to six months. “There’s further to go even with valuations little bit more elevated at this point. “Those three things, we think, can generate gains for the market going forward,” said Shue, who is also a CNBC contributor. But once 2020’s second half gets underway, Shue suggests the market will run into trouble due to uncertainty su

A man shows AirPods Pro at an Apple store on East Nanjing Road on October 30, 2019 in Shanghai, China. Apple’s new AirPods Pro with active noise cancellation are on sale on October 30 in China. Sales of Apple’s AirPods nearly doubled to $6 billion this year and should take another leap forward next year, according to Toni Sacconaghi of Bernstein. The analyst said in a note Friday that Apple could sell 85 million AirPods in 2020, generating about $15 billion in revenue. AirPods Pro are already so

Blockchain start-up Ripple says it’s raised a $200 million investment round, lifting its valuation to a huge $10 billion. The fundraising was led by New York investment company Tetragon, Ripple said Friday, while Japan’s SBI Holdings and Virginia-based venture capital firm Route 66 Ventures also invested. Founded in 2012, Ripple rose to fame in late 2017 as the value of XRP, the cryptocurrency it helped create, skyrocketed in value alongside a multitude of other virtual coins. “We are in a stron

Consumer sentiment rose slightly in December as President Donald Trump’s impeachment had a “barely noticeable impact” on economic expectations, the University of Michigan’s Surveys of Consumers said Friday. The index of consumer sentiment reached 99.3 for the month. Current economic conditions also improved among consumers while overall expectations ticked higher in December. He also said the impeachment hearing “had a barely noticeable impact on economic expectations, as it was mentioned by jus