Before Medicare, you probably had coverage through an employer group health plan. During the annual enrollment period, there were two or three options available. You wanted the plan to cover your prescription medications but, beyond that, drug coverage was likely not a big factor in your decision. That all changed once you entered the world
Month: July 2022
Popular migration destinations where home prices soared during the pandemic are most likely to see the effects of a housing downturn amplified and home prices decline year over year if the economy goes into a recession, according to a new report from Redfin, a technology-powered real estate brokerage, which also found that relatively affordable Northern
Loading chart… Diamond Offshore Drilling Inc: “I would prefer a … stock like Halliburton.” Loading chart… GSK Plc: “I favor Johnson & Johnson. … What’s not to like?” Loading chart… Tilray Brands Inc: “Those will cost you about $3, which is the price of the stock. But if you wait long enough, it’ll only cost
In this article MMM 3M announced Tuesday it will spin off its health-care business into a separate publicly traded company. The new business will focus on wound and oral care, health-care IT and biopharma filtration, the material science company said in a release. That includes products like its bandages, skin adhesives, oral aligners, air purifiers
Stock futures ticked up in overnight trading as traders await the Federal Reserve’s latest interest rate decision, scheduled to be announced Wednesday afternoon. Futures on the Dow Jones Industrial Average rose by 66 points, or 0.21%. S&P 500 futures gained 0.55% and Nasdaq 100 futures increased 1.06%. Shares of Enphase Energy gained about 6% after
andresr | E+ | Getty Images Covid-19 relief and record-low interest rates boosted many Americans’ finances during the pandemic. That has been especially true for millennials, who have on average built significant wealth. Millennials, born between 1981 and 1996, have more than doubled their total net worth, reaching $9.38 trillion in the first quarter of
In this article CS Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstein is about to step down from the embattled investment bank, the Wall Street Journal reported on Tuesday. The Zurich-based bank will soon announce
Sometimes, vacation isn’t all that restful — say, when the emails and Slack messages just keep coming, and you can’t help but look, or feel obligated to. Now, a few companies are offering a new perk to fight burnout and give employees a real break from their work: company-wide holidays when everyone is off at
DENVER, COLORADO – MAY 3: Seen through the window of Maria Empanada on South Broadway, Small Business Administration Administrator Isabella Guzman does an interview with a local television station on May 3, 2022 in Denver, Colorado. Rj Sangosti/medianews Group/the Denver Post Via Getty Images | Denver Post | Getty Images The federal government awarded $154.2
Topline The stock market fell on Tuesday, with retail stocks leading declines after Walmart slashed its profit outlook for the rest of the year and warned that high inflation is having an impact on consumer spending, while new data showed consumer confidence hit its lowest point in over a year. Key Facts Stocks were under
Tax Notes chief correspondent Stephanie Soong Johnston recaps the agreement on the OECD’s two-pillar corporate tax reform plan and discusses recent roadblocks to full implementation. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: pillars
“There is no way to recreate the past,” says Robert Bell, whose eponymous landscape architecture firm is based in Washington, DC, Southampton, New York and Palm Beach, Florida. “But you can reinterpret historic gardens if you research what was there, while looking at the practicalities of today.” Just as houses have historic architectural styles, so
More than 1,000 children in 35 countries have developed an unidentified type of severe acute hepatitis — or liver inflammation — since the first case was reported in the January 2022. Yanukit Raiva | Eyeem | Getty Images Scientists in the U.K. say they have identified the likely cause of a recent outbreak of mysterious
In this article MCD A sign is posted in front of a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images McDonald’s on Tuesday said both price hikes and value items fueled U.S. same-store sales growth, which was higher than expected during its second quarter. However, CEO Chris Kempczinski
In this article RTX GE MMM PII GM WMT Check out the companies making headlines before the bell: Walmart (WMT) – Walmart slumped 9.5% in the premarket after cutting its outlook for the current quarter and full year. The retail giant said higher prices for food and fuel are prompting consumers to cut back, and
Like everyone, Mark Cuban’s investment history has hits and misses — and, at least when it comes to ABC’s “Shark Tank,” the billionaire has made peace with that fact. On Saturday, Cuban noted on Twitter that “on a cash basis,” he’s taken a net loss on his myriad “Shark Tank” investments — which, by one
Getty Images Young adults may be hearing the save-for-retirement drumbeat loud and clear, a new study suggests. Generation Z workers — defined in the study as those ages 18 to 25 — are socking away, on average, 14% of income for their golden years, according to new research from BlackRock. That compares with 12% for
Landing in Boston after a morning long plane ride without so much as a bag of pretzels, I was craving a bagel. I know what many of you are thinking. Although I have been a Bostonian for nearly 40 years, I must admit that a ‘Boston bagel’ is much like buying a ‘New York lobster
The Superfund Excise Tax went into effect on July 1, 2022, and many companies are still struggling to understand whether it applies to their operations and how to properly estimate their potential liability. Even though the Superfund Excise Tax has been implemented in the past, it last expired over 25 years ago. Under the reinstated
The “Open the pod bay doors, Hal” command from the 1968 sci fi classic 2001: A Space Odyssey might be the most famous voice control request in cinematic history. The dystopian response from the artificial intelligence computer HAL 9000, “I’m sorry, Dave. I’m afraid I can’t do that” is just as famous – or, more
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