JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push

Key Points

JPMorgan Chase announced the Athlete Council, an initiative led by Dwyane Wade and featuring Tom Brady, Sue Bird, Alex Morgan and others, aimed at helping athletes manage money from college through retirement.
About one in six NFL players declares bankruptcy within 12 years of retiring, JPMorgan said, underscoring the financial perils facing athletes.
The bank is also launching an Athlete Center of Excellence and a content hub with tools including checklists for navigating NIL deals and guides for assembling a team of financial advisors.

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Finance

Traders believe inflation could near 5% this year

May 12, 2026

Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

Finance

Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

May 12, 2026

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Finance

Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

May 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]