Month: June 2021

In this article RAD Rite Aid CEO Heyward Donigan told CNBC on Thursday she’s “cautiously optimistic” the U.S. would avoid another round of strict Covid restrictions despite the presence of the delta variant. “We all hope that enough people get vaccinated that we don’t have the variant become so significant that our markets shut down again,” Donigan
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Sometimes, it can seem like only rich people can benefit from the tax code. Some ultra-wealthy individuals have amassed hundreds of millions — or even billions — of dollars in tax-sheltered Roth individual retirement accounts, according to a report released Thursday from ProPublica, an investigative news outlet. However, the strategy is generally available to anyone
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Kristen Deptula, center, with her husband and two children, says that paying a $15 per hour wage has helped them grow their Rehoboth Beach, Delaware, business. Kristina Gwynn When Kristen Deptula and her husband bought the Canalside Inn in Rehoboth Beach, Delaware, in October 2019, they had no idea the coming summer season at the
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As the U.S. economy recovers from the Coronavirus pandemic, banks and credit unions across the country have been at the forefront of a swift economic recovery. There are just over 10,000 banks and credit unions nationwide, most of them small-sized local lenders that are vital to American life, offering low-cost financial products and personalized customer
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In this article DRI A take-out order from a Darden Restaurants Inc. Olive Garden location is arranged for a photograph in Tiskilwa, Illinois, U.S. Daniel Acker | Bloomberg | Getty Images Darden Restaurants on Thursday reported that its fiscal fourth quarter same-store sales nearly returned to 2019 levels as states rolled back dining restrictions. Shares
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Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drugmaker’s shares surged 8.7% in the premarket after Lilly’s Alzheimer’s treatment received “breakthrough therapy” designation from the Food and Drug Administration. The designation means the treatment may show substantial improvement over existing therapies and qualifying it for expedited
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Older couple meeting with a financial advisor Getty Images Rising inflation has alarmed many Americans worried about their cost of living.  The May consumer price index, representing food, housing, gasoline, utilities and other goods, spiked by 5% from the previous year, according to the Labor Department.  As day-to-day expenses creep higher, many investors are seeking
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For many Americans, Social Security is their biggest retirement asset. The various mistakes people make when managing their Social Security benefits can cost them dearly. You worked hard for decades to accumulate your Social Security retirement benefits, take the time to optimize your benefits. For typical American households, the lifetime value of their Social Security
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The Anthem music venue in Washington, D.C. pleading with the Small Business Administration to release aid for shuttered independent venues. CNBC The Small Business Administration plans to process most of the aid applications from its Shutter Venue Operators Grant (SVOG) program by early July, Sen. Bill Hagerty, R-Tenn., said Wednesday. More than 14,000 small businesses
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