CVS says it plans to get into primary care by year end

A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters CVS said Wednesday that it plans to acquire or take a stake in a primary-care company by the end of the year, as competition heats up with Amazon and Walgreens. CEO Karen Lynch said on … Read more

U.S. Treasury yields edge higher ahead of key Fed decision

US Treasury yields pushed higher on Wednesday as investors geared up for a key policy decision from the Federal Reserve. The yield on the benchmark 10-year Treasury note rose 1 basis point to 2.8068% by 1:30 am ET, while the yield on the 30-year Treasury bond moved 2 basis points higher to 3.0284%. Yields move … Read more

One Medical deal gives it access to my most personal info

One Medical clinic One Medical For the better part of a decade, One Medical has been my primary care provider. It’s convenient, with locations around the Bay Area, and I like being able to schedule a same-day physical or get a quick referral to a specialist. One Medical knows a lot about me. In addition … Read more

Amazon’s deals don’t instill the same fear in rivals as before

June 16, 2017. It’s likely a day many retailers can recall vividly. A sleepy Friday morning was disrupted by the surprising announcement that e-commerce giant Amazon was going to buy organic grocer Whole Foods. The upheaval was immediate. Not only did the news send groceries of grocer Kroger into a tailspin, a broad swath of … Read more

In a recession, turn to these stocks with a history of raising dividends

Investors worried about the potential for a recession that would roil markets may want to look at stocks that pay dividends to keep income flowing. Some companies have a history of consistently raising dividends every year, even late in market cycles and through previous recessions, according to a Monday note from Wolfe Research. “Companies that … Read more

Treasury yields tick higher amid market volatility as yield curve remains inverted

US Treasury yields were higher early on Wednesday after a volatile day on Wall Street, but the closely watched 2-year / 10-year yield curve remained inverted, a key recession warning. At around 2:45 am ET, the yield on the benchmark 10-year Treasury note climbed one base point to 2,824%, while the yield on the 30-year … Read more

Three plays for the third quarter

The health care sector is often a sleepy performer but in this market turmoil it may prove to be one of the areas of not only safety in the third quarter – but growth. The third quarter could be a turbulent time, after the worst first half for stocks since 1970. As investors fear rampant … Read more

Activist investors ask SEC to probe Tesla over plans to shrink board

Elon Musk, here seen at an event in New York in early-May, is being aggressively wooed to set up facilities to produce his electric vehicles “end-to end” in resource-rich Indonesia. Taylor Hill | Getty Images Entertainment | Getty Images Activist investors SOC Investment Group have asked federal financial regulators to investigate Tesla over plans to … Read more

RH, Carnival, Universal Health Services and more

Interior Design area of ​​the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines in midday trading Thursday. RH – Shares of RH fell 10.6% after the high-end furniture chain slashed its full-year outlook and said consumer demand for its products could continue to soften in … Read more

5 things to know before the stock market opens Thursday, June 30

Here are the most important news items that investors need to start their trading day: 1. S&P on track to finish its worst first half in 52 years Traders on the floor of the NYSE, June 29, 2022. Source: NYSE Stock futures fell Thursday morning, as investors continued to weigh the ongoing impact of inflation, … Read more