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3 Potential Social Security Changes to Watch – The Motley Fool

The rules surrounding Social Security may be changing — for better and for worse.

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Social Security serves as a critical income source for millions of seniors, but the program is in trouble. In the coming years, it expects to owe more money in benefits than it collects in revenue, largely due to an anticipated mass exodus of baby boomers from the workforce.
Social Security can tap its trust funds to make up for a near-term revenue shortfall, but once those funds run out of money, benefit cuts will be on the table. And that could be catastrophic for the millions of retirees who…

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Moderna Stock Jumps as Biotech Rakes in Revenue for Covid Vaccine – Barron’s

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Modernas
efforts to develop the first Covid-19 vaccine led to a big jump in third-quarter research and development costs, as well as soaring revenue.The Cambridge, Mass.-based biotech company, which doesnt yet have a commercial product but is among the companies chasing approval for a coronavirus vaccine, reported third-quarter earnings Thursday morning. It had a loss of 59 cents a share on revenue of $157.9 million. Revenue, which was boosted mostly by grants for Covid vaccine development, was…

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Home Depot signs lease to take over 120,000-square-foot Bed Bath & Beyond space in New York City – CNBC

Home Depot is getting ready to bulk up its presence in Manhattan, taking over a space that is being vacated by Bed Bath & Beyond next year.

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Home Depot is getting ready to bulk up its presence in Manhattan next year, taking over a massive space that is being vacated by Bed Bath & Beyond.
The home improvement retailer has signed a lease for a Gazit Horizons-owned asset on Manhattan’s Upper East Side, at 410 E. 61st St., which spans more than 120,000 square feet over four floors.
Bed Bath & Beyond’s current lease expires in 2021. The deal by Home Depot marks one of the largest retail leases, by both size and total annual rent, on record…

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Pinterest stock rockets toward best day on record as analysts cheer ‘valuable and growing’ user base – MarketWatch

Earnings highlight greater convergence between social media and online shopping, analysts say

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Pinterest Inc. shares are zooming toward their best day on record Thursday after the company easily topped expectations for user growth, revenue, and earnings.Shares of Pinterest
PINS,
+25.66%
are up 38% in Thursday morning trading to roughly $68. The stock is cruising toward a new all-time closing high as well, as it has never finished a trading day above $53.Read: Pinterests pandemic surge continues, stock jumps toward fresh record highs
The results were enough to earn Pinterest at least two…

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