Michelle Treanor at a Dollar General Corp. store in Saddle Brook, New Jersey, Emile Wamsteker/Bloomberg BLOOMBERG NEWS On average, older Americans have a more secure retirement than ever. But even as aggregate retirement savings are rising, tens of millions of older adults will be unable to pay their expenses, especially their medical and long-term care
The Freedom From Religion Foundation is throwing in the towel in its struggle against the exclusion from taxable income granted to “ministers of the gospel”. Code Section 107(2) grants the exclusion: In the case of a minister of the gospel, gross income does not include— (1) the rental value of a home furnished to him as part of
The mixed-use River Landing development in Miami is emblematic of the growth of the new Florida. UrbanX Group “Florida is America’s Australia,” goes the set-up line for a well-worn Florida joke. But the laughs are increasing at the expense of anyone short-changing Florida and the steadily growing economic might the Sunshine State is delivering to
CNBC’s Jim Cramer said Thursday in front of a live-studio audience that McKesson is a stock to stay away from here. “They are in such a difficult spot right now,” the “Mad Money” host told a guest. “I’m in the house of pain with CVS. I don’t want you to join me with McKesson and
An Olive Garden restaurant in Laguna Hills, California Scott Mlyn | CNBC Shares of Darden Restaurants slid nearly 4% in Thursday morning after its earnings report showed that declining traffic to Olive Garden, its top chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter. The restaurant company’s stock, which has a market value of