Several restaurant CEOs have joined the Great Resignation. Here are 6 chains with new leaders

In this article SBUX LOCO DRI WING DPZ DENN Restaurant CEOs are the latest wave of workers to join the Great Resignation. In the last six months, six chief executives of publicly traded restaurant companies have announced plans to step down, either to retire or to move on to a new corporate challenge. Their announcements…

White House will crack down on Russian attempts to evade sanctions, Biden security advisor says

Jake Sullivan, White House national security adviser, speaks during an interview at an Economic Club of Washington event in Washington, D.C., U.S., on Thursday, April 14, 2022. Al Drago | Bloomberg | Getty Images WASHINGTON — National security adviser Jake Sullivan said Thursday that the Biden administration is focused on ensuring Russia isn’t able to…

Solving student-debt crisis requires a ‘New Deal moment,’ former education secretary under Obama says

Student loans remain a substantial hurdle for nearly everyone with a college degree. For those currently struggling under the weight of education debt, President Joe Biden used his executive powers to extend the pause federal student loan payments until September. Nearly 43 million federal borrowers are hoping massive student loan forgiveness might be Biden’s next major move. “We have an opportunity…

WHO is tracking omicron BA.4 and BA.5 subvariants as they spread through Africa and Europe

Dado Ruvic | Reuters Omicron subvariants BA.4 and BA.5 are circulating at low levels in several countries within Southern Africa and Europe, according to the World Health Organization.  The two subvariants of the highly contagious Covid-19 strain have been detected in Botswana, South Africa, Germany and Denmark, among other countries, WHO’s technical lead on Covid-19…

Biden to nominate Michael Barr as Fed bank regulator in second attempt to fill post

U.S. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for a second four-year term, and Federal Reserve board member Lael Brainard to serve as vice chair, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., November 22, 2021. Kevin Lamarque | Reuters President Joe…

I saved $150,000 in 5 years: Here are my top tips for growing wealth without feeling deprived

Growing up in an immigrant household, money was treated as a tool for survival. My parents worked long hours to provide for me and my siblings, and each dollar was used for necessities like bills and food. There wasn’t much room for wants or going on family vacations.  I wasn’t taught how to grow my…

As food prices soar, some states consider cutting taxes on groceries. But that may not be the best approach, research finds

A person shops for groceries at Lincoln Market on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty Images New government inflation data shows prices are surging in one key area – food. Now some states are looking at helping to reduce that…

Personal Income Tax Adjusts for Inflation, But It Could Do Better

In times of inflation, like we are experiencing now, a review of the tax code shows that some provisions are automatically indexed, or adjusted, to match inflation, while others are not. And that creates unfair burdens for taxpayers. But it’s not always as simple as just “adjusting for inflation.” That works for some structural components…

Cramer’s lightning round: Virgin Galactic is like a lottery ticket

Loading chart… Innovative Industrial Properties Inc: “I think it’s been a terrific long-term stock and will remain a great long-term stock.” Loading chart… 1-800-Flowers.com Inc: “I think that it’s … a very well-run company.” Loading chart… Green Brick Partners Inc: “It’s housing. … People don’t want anything related to housing.” Loading chart… Clearfield Inc: “I’d…

Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility

In this article GSBD David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs posted first-quarter results that blew past expectations as its traders navigated a surge in market volatility sparked by the war in…