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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MoMo Productions | DigitalVision | Getty Images Individuals and families with questions on the new monthly child tax credit payments or missing stimulus checks now have the opportunity to get free, in-person tax help. The IRS announced on Wednesday that it is partnering with non-profit organizations, churches and community organizations in 12 cities to provide
A key theme of our Options for Reforming America’s Tax Code 2.0 is that tax policy is a matter of trade-offs. For example, expanding the generosity of tax credits for lower-income individuals can help make the tax code more progressive, but it also reduces federal revenue. Pairing a credit expansion with a tax offset may
The Covid-19 pandemic certainly accelerated e-commerce, from groceries to household goods, and now you can even buy a new construction home fully online. Two major public homebuilders, Taylor Morrison Home and PulteGroup, recently piloted programs in which buyers can choose, design and finance a new home virtually and just put it in their shopping cart.
In this article LAZR VOLV.B-SE Chesnot | Getty Images News | Getty Images Volvo is integrating Luminar Technologies’ lidar system on the automaker’s upcoming electric flagship SUV, the first major carmaker to integrate the technology as standard equipment on a vehicle. Luminar’s new Iris lidar system, which is an advanced sensor that allows vehicles to
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
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., gestures while speaking during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Thursday, March 14, 2019. Christopher Morin | Bloomberg | Getty Images JPMorgan Chase is `strongly’ urging all its U.S. employees get the Covid-19 vaccine, warning that the
Maskot | Maskot | Getty Images Everyone should have an estate plan. For LGBTQ+ families, it may be even more critical. Members of the LGBTQ+ community are less likely to be married or they may have children where only one partner is the biological parent, said Gina Nelson, head of fiduciary services at Chilton Trust
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. 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 shore town
Whether you’re a self-appointed connoisseur or an occasional sipper of chardonnay, you may not have thought about the taxes that go into your wine purchase. But now you can quench your newfound thirst for excise tax info with this week’s map, which compares wine taxes among the 50 states, expressed in dollars per gallon. States tend to
British designer Thomas Heatherwick is designing Google’s new buildings in California and London. Getty In 2012, British designer Thomas Heatherwick found himself having dinner with Google co-founder Larry Page at the billionaire’s house in California. Page wanted to discuss the future of Google’s sprawling headquarters in Mountain View, as well as some of the company’s
Fans in the audience react as The Foo Fighters reopen Madison Square Garden on June 20, 2021 in New York City. Kevin Mazur | Getty Images As the U.S. pushes ahead with its reopening, easing mask mandates and lifting public health restrictions, much of the rest of the world is seeing an alarming surge in
He predicted tech’s recent comeback, and now Oppenheimer Asset Management’s John Stoltzfus believes Wall Street can avoid an unnerving summer setback. He attributes tech’s latest outperformance as a key reason why it could be a positive summer for investors. “That might be possible,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. “Fundamentals
Andrew Cleland Source: Andrew Cleland Andrew Cleland tries not to panic about his eviction hearing on July 6. Instead, the 75-year-old focuses on what he can do to keep himself and his 82-year-old wife, Carol, in their apartment. He’s applied for rental assistance. He’s planned how he’ll travel to the courthouse. A recent accident ruined
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
The Federal Reserve doesn’t need to try to cool down the hot U.S. housing market with higher rates, even as home prices keep rising, CNBC’s Jim Cramer said Wednesday. “I don’t want to repeat the mistakes that led to the financial crisis,” the “Mad Money” host said. “Unlike the lead-up to the great recession, homebuyers
Artificial intelligence will create $50 trillion in economic value this decade as it transforms the world.
The short-term bottom for next generation enterprises is in, and high multiple equities are coming back into investors’ favor
General view of the NFL Shield logo on the field before Super Bowl LV between the Tampa Bay Buccaneers and the Kansas City Chiefs at Raymond James Stadium. Kim Klement | USA TODAY Sports | Reuters The NFL said Wednesday it is exploring strategic options, including selling stakes, for its NFL Media properties, including NFL