Month: December 2021

In this article DRI Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021. Chet Strange | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that topped analysts’ expectations, leading the company to raise its sales and earnings forecast for the rest of fiscal 2022.
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Billionaire investor Ray Dalio is impressed with bitcoin, the largest cryptocurrency by market value, and its blockchain. “It has been an amazing accomplishment for bitcoin to have achieved what it has done, from writing that program, not being hacked, having it work and having it adopted the way it has been,” Dalio, founder of the
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In this article JPM Scott Mlyn | CNBC JPMorgan Chase is paying a $125 million fine to settle Securities and Exchange Commission charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws. The SEC said Friday in a statement that JPMorgan Securities admitted to “widespread” record-keeping
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Actually the ruination may well extend beyond Christmas or whatever winter holiday America’s low-income children observe (or don’t). The expansion of the Child Tax Credit created under the American Rescue Plan Act expires on December 31, 2021. The final advance payment of the expanded Child Tax Credit hit taxpayers’ bank accounts yesterday. The expansion increased
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Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin. Chesnot | Getty Images Most millennial millionaires have the bulk of their wealth in crypto, and they’re planning to add more in 2022 despite the recent price declines, according to the CNBC Millionaire Survey. Fully 83% of millennial millionaires own cryptocurrencies, according to the survey, which
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Adobe Chairman and CEO Shantanu Narayen on Thursday expressed confidence about the company’s future, telling CNBC’s Jim Cramer that the software maker’s weaker-than-expected forward guidance does not signal problems for its business. Narayen’s comments on “Mad Money” came shortly after Adobe shares tumbled 10.2% in Thursday’s session, as investors responded negatively to the company’s financial
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As America faces a new wave of Covid-19 from the Omicron variant, there are fears it could cause a new shutdown of the economy.  But in some states and cities like New York, the economy never fully recovered from earlier Covid waves.  Austerity is not the answer; New York will need continued public investment and new economic development
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Theranos founder and former CEO Elizabeth Holmes goes through a security checkpoint as she arrives at the Robert F. Peckham Federal Building on December 16, 2021 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, Calif. — In his last effort to persuade the jury that Elizabeth Holmes is guilty of fraud, Assistant
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A Social Security Administration office in Sebring, Florida. Jeff Greenberg | Universal Images Group | Getty Images Applying for Social Security benefits can be a complicated process. Now President Joe Biden wants to make it easier. This week, the president signed an executive order to streamline processes for Americans to apply for services and benefits
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