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☆ CNN Exclusive: Adderall prescriptions have been filled less often amid ongoing shortage in the US
▼ + stars: | 2024-04-02 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +10 min

CNN —About 1 in every 10 people in the US who uses Adderall or similar combination drugs to treat attention-deficit/hyperactivity disorder (ADHD) has been affected by an ongoing shortage, a new analysis suggests. The US Food and Drug Administration announced that Adderall was in shortage in mid-October 2022, and the share of people with ADHD who filled their prescriptions for Adderall and related medications plunged in the following months. Patients were considered eligible for a monthly prescription fill if they had filled one within the previous two years. Prescriptions for medications used to treat ADHD surged during the Covid-19 pandemic, especially among young adults and women, one study found. But it’s been about a year and a half since she’s been able to fill her Adderall prescription in a “totally uneventful” way, she said.

Persons: Adderall, Robert Califf, Anne Milgram, David Goodman, ”, Mary Beth King, it’s, she’s, ” King, King, ” Goodman, John Mitchell, ” Mitchell, they’re, ’ ”, –, “, Dr, Sanjay Gupta, hasn’t Organizations: CNN, US Food and Drug Administration, Drug, of Psychiatry, Behavioral Sciences, Johns Hopkins School of Medicine, American Professional Society, New, Psychiatric Institute, Columbia University Irving Medical Center, Duke University School of Medicine, Get CNN, CNN Health Locations: Sweden

☆ Social Security benefits after divorce: In some cases 'your ex is worth twice as much dead than alive,' expert says
▼ + stars: | 2024-03-19 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

red_moon_riseThe rules around claiming Social Security benefits are full of caveats and nuances. "Your ex is worth twice as much dead than alive," said Mary Beth Franklin, a certified financial planner and Social Security expert. The calculus assumes the first spouse to die had a larger Social Security retirement benefit than the survivor. Social Security rules for married, divorced spousesThe federal government determines Social Security benefits based on age and earnings history. Claiming benefits based on an ex-spouse's earnings record doesn't affect or reduce that former spouse's benefits, Colley said.

Persons: Mary Beth Franklin, Natalie Colley, Sandy, she'd, —, Franklin, Colley Organizations: Social, Social Security, Women, Francis Financial, Social Security Administration, spouse's Social Security, spouse's, SSA Locations: West Palm Beach , Florida, New York

☆ Why Social Security is so important for women: ‘It all comes down to longevity,’ expert says
▼ + stars: | 2024-03-15 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

"It all comes down to longevity," Mary Beth Franklin, a certified financial planner and Social Security expert, said Thursday at Financial Advisor Magazine's annual Invest in Women conference in West Palm Beach, Florida. Beneficiaries get an 8% guaranteed increase in their Social Security checks for every year they defer beyond their full retirement age, up to 70 years old. Why Social Security is 'crucial' for womenGuaranteed income such as Social Security is "crucial" for women, Franklin said. "Full retirement age" is the age at which someone becomes eligible for their full Social Security benefit. Importantly, continuing to work after claiming benefits — if before full retirement age — may temporarily reduce your Social Security benefits due to an earnings cap.

Persons: Momo, Mary Beth Franklin, Franklin, — Organizations: Getty, Social, Social Security, Women, Security, Social Security Administration, Centers for Disease Control Locations: BEACH, Fla, West Palm Beach , Florida

☆ DNC accuses pro-RFK Jr. super PAC of campaign finance violations
▼ + stars: | 2024-03-04 | by ( Aaron Pellish | ) edition.cnn.com time to read: +2 min

CNN —The Democratic National Committee has accused the super PAC backing Robert F. Kennedy Jr.’s presidential campaign of committing additional campaign finance violations on Monday, a further escalation of Democrats’ efforts to diminish Kennedy’s independent White House bid. The super PAC announced last week that it had gathered enough signatures to qualify Kennedy for appearance on the November ballot in Arizona and Georgia. “It’s clear that they, along with Robert F. Kennedy Jr. and his campaign, don’t believe that the rules apply to them.”CNN has reached out to American Values 2024, de Becker and the Kennedy campaign for comment. Democrats have paid for billboards outside multiple Kennedy campaign events in recent weeks boosting Mellon’s support for Kennedy. In addition to donating in support of Kennedy, de Becker’s company has provided security for Kennedy during his presidential run.

Persons: Robert F, Kennedy Jr, ’, Gavin de Becker, Kennedy, Mary Beth Cahill, de Becker, Timothy Mellon’s, Donald Trump, De Becker, de, Joe Biden Organizations: CNN, Democratic National, PAC, White, DNC, Federal, Commission, Republican, Democratic Locations: Arizona, Georgia

☆ Dollar General hasn't investigated worker conditions despite shareholders' demands, an investor says in a new letter to company
▼ + stars: | 2023-11-03 | by ( Alex Bitter | ) www.businessinsider.com time to read: +8 min

Dollar General hasn't provided updates on a shareholder-endorsed audit of worker safety at its stores, an investor group says. Dollar General said it has met with the investor"including multiple calls with members of executive leadership." In May, Dollar General shareholders approved a proposal asking the company to audit worker safety at its stores. A Dollar General spokesperson said it has "a strong, ongoing shareholder engagement program and a well-documented track record of responsiveness to shareholder feedback." AdvertisementAdvertisementThe lack of action on safety at the chain's stores is a concern for many Dollar General shareholders, Gallagher told Insider.

Persons: hasn't, —, Amy Domini, it's, Mary Beth Gallagher, Michael Calbert, Gallagher, didn't, Domini, doesn't, David Williams, Williams Organizations: Dollar, Service, Occupational Safety, Health Administration, OSHA, Department of Labor, New York Times, Company, Investors Locations: North Dakota, Texas, Jacksonville , Florida

During baseball season, the public buses in Houston flash a message as they rumble through the city: “Go Astros! !”A similar sort of communal baseball spirit has not typically surrounded the Texas Rangers, a team whose claim to the hearts of all Texans had, until their World Series victory over the Arizona Diamondbacks on Wednesday, been stymied by having never won a championship in their 51 years since relocating to the North Texas city of Arlington. Wedged between Dallas and Fort Worth, the city forms an almost seamless part of a sprawling urban agglomeration, a fast-growing and sports-crazed area of a fast-growing and sports-crazed state, where winners are prized and football — in particular, the Dallas Cowboys — has been dominant. But as the Rangers kept winning and winning, fans emerged. Excitement in October became palpable across the connected cities.

Persons: Dallas Cowboys — Organizations: Astros, Texas Rangers, Texans, Arizona Diamondbacks, —, Dallas Cowboys, Rangers Locations: Houston, North Texas, Arlington, Dallas, Fort Worth

☆ Year-end tax strategies may affect how much retirees pay for Medicare. Here's what to know
▼ + stars: | 2023-10-12 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

The change will result in an estimated Social Security retirement benefit increase of more than $50 per month, on average. The average monthly retirement benefit for workers will be $1,907, up from $1,848 this year, according to the Social Security Administration. "But remember, depending on your income, you may also be paying a lot more for Medicare," Franklin said. Medicare Part B premiums are based on incomeMedicare Part B covers physician services, outpatient hospital services, some home health care services, durable medical equipment and certain other services not covered by Medicare Part A. Medicare Part B premiums for 2024 have not yet been announced. This strategy may help reduce adjusted gross income and future Medicare premiums, Franklin said.

Persons: Mary Beth Franklin, Franklin, Roth Organizations: Social, Social Security Administration, Social Security, CNBC, Medicare Locations: Franklin

☆ Retirement Changes Abound
▼ + stars: | 2023-10-12 | by ( Tyler Mathisen | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetirement Changes AboundSocial Security may be undergoing some big changes—from a higher cost-of-living adjustment to an increase in payments for higher earners—that advisors should be aware of. Mary Beth Franklin, one of the country's leading experts on Social Security, explains the consequences of these potential changes and what future retirees and their advisors need to know.

Persons: Mary Beth Franklin Organizations: Social Security

☆ Buffalo Bills fans turn a pocket of London into a home from home but Jacksonville Jaguars spoil the party
▼ + stars: | 2023-10-08 | by ( Aimee Lewis | ) edition.cnn.com time to read: +5 min

Tottenham Hotspur Stadium, London CNN —On an unseasonably warm autumnal morning in East London, Mary Beth Schumen and her husband have made an early start to their Sunday. Yet on London’s underground, the Schumens are not the only ones in Bills blue. “It’s another feeling to be live in the stadium,” he tells CNN Sport in anticipation of his third London-based NFL game. Fireworks light up the sky before the start of the second international NFL game of the 2023 season. Ultimately, it was back-to-back London wins for the Jaguars who are now, like the Bills, 3-2 for the season.

Persons: Mary Beth Schumen, Mary Beth, White Hart Lane, She’ll, Eric Schuhmann of, “, Steve Luciano, ‘ Bills mafia ’, ”, Sean McDermott, Benjamin, Eden Gibson, I’ve, Travis Etienne, Alastair Grant, McDermott, Zay Jones, Josh Allen, Ian Walton, Josh Allen –, Stefon Diggs –, Buffalo Organizations: Tottenham Hotspur, London CNN, Buffalo Bills, NFL, Bills, English Premier League, Jacksonville Jaguars, CNN Sport, Tottenham, ‘ Bills mafia, ” Bills, Jaguars, Wembley, Atlanta Falcons, AFC, Jacksonville, London Locations: East London, Indiana, Leytonstone, England, masse, London, Eric Schuhmann of Saxony, Germany, Buffalo, acclimatize

☆ Amazon rolls out generative AI tool to help sellers write product listings
▼ + stars: | 2023-09-13 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon on Wednesday debuted an artificial intelligence tool for sellers that helps them generate copy for their product pages. The tool prompts sellers to enter a few keywords or sentences describing their product. It then spits out a range of content a seller can use to build their listing, such as product titles, bullet points and descriptions. The feature was announced this week at Amazon Accelerate, a conference held annually in Seattle for the company's third-party sellers. Amazon also recently started using AI to summarize reviews left by customers on some products.

Persons: Sellers, Mary Beth Westmoreland, chatbot Bard, Andy Jassy Organizations: Amazon, Wednesday, Google, Amazon Web Services Locations: Melville , New York, Seattle

☆ In Phoenix, 18 Days of Extreme Heat With No End in Sight
▼ + stars: | 2023-07-18 | by ( Jacey Fortin | Mary Beth Gahan | ) www.nytimes.com time to read: +1 min

On Monday, Phoenix reached a miserable milestone: It was the first time since 1974 that it had 18 days in a row of 110-degree or more temperatures. Phoenix has had plenty of days that soar past 100 degrees. “It just feels awful,” said Mazey Christensen, 20, a scooper at Sweet Republic, an ice cream shop in Phoenix. Business at the store has been steady; on blistering days, customers tend to go for fruity flavors like watermelon sorbet and pineapple whip. But they mostly visit the shop later in the day when the sun is not so scorching.

Persons: Phoenix, ”, Mazey Christensen Organizations: Sweet Republic, Phoenix . Business Locations: Phoenix, Phoenix .

On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. The temperatures are “very extreme,” said Matt Salerno, a meteorologist with the National Weather Service in Phoenix. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.

Persons: Phoenix, ”, Mazey Christensen, Matt Salerno, “ We’re, Alex Guerrero, Adriana Zehbrauskas, Ramsay de, Charles Outen, Zach Stone, Rocky Martinez, Rebecca Noble, Dee Lee, Brandon Bell, Jerald Moser, Moser, Michael Crimmins, Go Nakamura, “, Josh McGinty, Mr, McGinty, Ralph Horton, Horton, Maggie Miles, Jack Healy, Sheryl Kornman Organizations: Sweet Republic, Phoenix . Business, National Weather Service, Phoenix Fire Department, The New York Times, Weather Service, Demuth Community Center, Salvation Army Tucson Hospitality House, Tucson Medical, University of Arizona, Houston ., Reuters, Texas Locations: Phoenix, Phoenix ., Santa Fe, New Mexico, Arizona, Northern, Michigan, New York, Vermont, Palm Springs, Calif, Southern California, Tucson, Ariz ., Ariz, Maricopa County, Ironwood, Marana, Houston, Reuters In Texas, Corpus Christi, Southern, Jackson, Miss, Montgomery, Ala, Tallahassee, Fla, Vicksburg, Texas, Mississippi

On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. The persistent heat in the Southwest is the result of a high-pressure system that has been parked over the region for weeks. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.

☆ Heat Endures in the Southwest as the Monsoon Season Lags
▼ + stars: | 2023-07-11 | by ( Jacey Fortin | Mary Beth Gahan | ) www.nytimes.com time to read: +1 min

Many Texans are familiar with the chorus of cicadas that fills the air on the hottest days of early July. It could be, at least in part, a result of the heat wave that has been baking the region and shows no signs of letting up. On Tuesday, the high temperature was expected to reach around 103 degrees in El Paso and San Antonio. “They start calling earlier because the minimum air temperature combined with solar radiation is reached earlier in the day,” he said. “They also call later into the afternoon and evening because they can maintain the elevated body temperatures for a longer period of time.”

Persons: It’s, Allen F, Sanborn, Dr, ”, “ Organizations: Texans, Barry University Locations: El Paso, San Antonio, Miami, Texas

As the heat index hit 115 degrees on Monday, Karla Perez took a five-minute water break at a construction site in Dallas. Such rest breaks are required by the city, as they are in Austin. But a change in Texas state law, which goes into effect in September, will wipe away those local requirements, leaving workers like Ms. Perez to count on their employers to provide time to rest and rehydrate. Right now, she gets three breaks a day. It is expected to nullify regulations such as those dealing with payday lending, puppy mills, certain sanitation requirements and other practices.

Persons: Karla Perez, Perez, ”, “ Organizations: “ Workers, Republican, Legislature, Democratic Locations: Dallas, Austin, Texas

☆ Dollar General investors vote to probe worker safety, after years of employee complaints
▼ + stars: | 2023-05-31 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Dollar General stores have been cited by OSHA and local authorities for safety hazards for years. OSHA has called Dollar General a "severe violator"David Williams, an employee at a Dollar General store, said he and his colleagues at other locations go to work scared of the dangers that they will encounter there. Safety hazards at Dollar General stores have also gotten the attention of the Occupational Safety and Health Administration, or OSHA, which has proposed fines on Dollar General of $21 million since 2017. The company's violations are severe and frequent enough that Dollar General earned a "severe violator" designation from OSHA in March. The proposal's passage marks a win for Dollar General workers, Mary Beth Gallagher, director of engagement at Domini Impact Investments, said in a statement.

Persons: —, David Williams, Williams, Mary Beth Gallagher, Gallagher, Alex Bitter Organizations: OSHA, Service, Shareholders, Dollar, US, Equity Fund, CNN, Occupational Safety, Health Administration, Impact Locations: Goodlettsville , Tennessee, Mexico

☆ Gap shares soar after retailer reports big improvement in margins
▼ + stars: | 2023-05-25 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

The Gap logo is displayed at a Gap store on April 25, 2023 in Los Angeles, California. On an adjusted basis, the company reported earnings of $3 million, or 1 cent per share. Shares jumped more than 15% in after-hours trading on the improvement in gross margins. In its most recent quarter, comparable sales were down 3% and store sales decreased 4% compared to last year. Gross margins increased by 5.6 percentage points year over year to 37.1%, and improved on the prior quarter, too, when margins were 33.6%.

May 21 (Reuters) - The absence of women from the slate of potential Morgan Stanley (MS.N) CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say. Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succeed James Gorman, who said on Friday he plans to step down as chief executive within a year. The most recent U.S. workforce diversity data comprehensively reported by the Wall Street banks shows women were less represented in leadership positions at Morgan Stanley than at other top U.S. banks as of 2021. A Morgan Stanley representative declined to comment. To be sure, Morgan Stanley has several women in top roles, including Chief Financial Officer Sharon Yeshaya.

Sisters Daniela and Sofia Mendoza, both in elementary school, were there with their mother. Aishwarya Thatikonda had come to shop with a friend before she had to head to a job site for her work at a general contracting firm. On Saturday, it became different kind of all-American scene: the location of yet another mass shooting. By the time a police officer shot and killed the gunman, eight people had suffered fatal wounds, including three small children. It was the country’s second-deadliest mass shooting this year, indiscriminately wiping out individuals, and nearly one entire family.

☆ Gap will cut more than 500 workers in latest layoffs, as struggling retailer tries to reduce costs
▼ + stars: | 2023-04-25 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +3 min

A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Gap is laying off more than 500 employees in an attempt to cut costs and become more efficient, as the company tries to move back to profitability, CNBC has learned. The cuts come after Martin told investors during a March earnings call that the apparel retailer's staff has been "dampened by a complicated organizational structure, bureaucracy, and outdated processes." It managed to turn an annual net profit in 2021, but reported net losses in both 2020 and 2022. As of Jan. 28, Gap employed about 95,000 staff members, 81% of which work in retail locations.

☆ Gap announces big loss, declining sales and executive shakeup
▼ + stars: | 2023-03-09 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +5 min

Gap reported sales of $4.24 billion, down 6% from $4.53 billion a year earlier. Online sales, which represent 41% of total net sales, plummeted 10% compared to last year, the company said. It expected first quarter net sales to decrease in the mid-single digit range compared to the prior fiscal year and expects fiscal 2023 net sales to decrease in the low to mid-single digit range. Overall, net sales for the year dropped to $15.62 billion compared to $16.67 billion in the prior fiscal year. Net losses for the year came in at $202 million, compared to a net income of $256 million in the prior fiscal year.

☆ Gap sees weak annual sales as inflation-hit consumers rein in spending
▼ + stars: | 2023-03-09 | by ( ) www.reuters.com time to read: +2 min

March 9 (Reuters) - Gap Inc (GPS.N) on Thursday posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates, signaling a slowdown in demand for its products as inflation-weary consumers curb discretionary spending. Shares of the company fell about 7% in extended trading after the Banana Republic parent also forecast first-quarter sales below estimates. The company also said president and chief executive officer of its Athleta brand, Mary Beth Laughton, was exiting the business, effective on Thursday. Sales at Old Navy, Gap's biggest brand, slid 6%, while at Athleta, which sponsors U.S. Olympic gymnast Simone Biles, they were down 1%. The company posted a fourth-quarter loss of 75 cents per share, compared to estimates of a loss of 46 cents.

Danielle Smith and her family thought they had finally escaped the paycheck-to-paycheck cycle they had fallen into. They used stimulus checks to chip away at $20,000 in credit-card debt and enjoyed a reprieve from monthly payments on their $160,000 in student loans. Lately, they have been hit with one unexpected expense after another, from an out-of-pocket MRI to a broken water heater. They also took trips with their four children that they had put off because of Covid, including to Walt Disney World, local museums and the zoo. By 2022, their credit-card debt had doubled to nearly $40,000.

☆ Scoring the best deals on Presidents' Day holiday sales: 3 smart money moves to make as you shop
▼ + stars: | 2023-02-20 | by ( Sharon Epperson | In Sharoneppersoncnbc | ) www.cnbc.com time to read: +4 min

"For two reasons – the impact of inflation during a pandemic era and interest rates – what appears to be a deal may not be." Before you charge the purchase to a credit card, remember this is one of the most expensive ways to borrow money. The annual percentage rate on a credit card is at an all-time high of nearly 20%. Credit experts say that a cash-back rewards credit card with a 0% interest introductory offer may be an even better deal. Look for lower loan rates at a credit union: Many car brands offer Presidents' Day deals that lower the purchase price or interest rates or make lease deals more attractive.

Personal loans are often reserved for those with the best credit scores, but there are other options to borrow money if needed. Using a credit card, getting a payday alternative loan from a credit union, or borrowing from family or friends are all options if you're not able to get cash through a personal loan. Use them after you've searched your personal loan options and have used your emergency fund. Consider shopping around with a few different lenders before deciding that a personal loan won't work, and dip into emergency savings before getting a loan. If you've searched around for a personal loan to cover your debts and can't find one for you, here are three alternative options.

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