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Prescription-drug middlemen face mounting bipartisan criticism on Capitol Hill 

Top executives at the largest U.S. pharmacy-benefit managers sought to defend their business practices on Capitol Hill on Tuesday, as lawmakers on both sides of the aisle excoriated the industry’s impact on the cost and accessibility of prescription drugs.

Bank of America clients bailed out of stocks last week at the fastest pace in years

Clients of Bank of America Securities dumped stocks last week at the fastest pace in years, according to a weekly report from a team of equity analysts.

AMC debt restructuring sparks more buying in the movie-theater chain’s junk bonds

Movie-theater chain and original meme stock AMC’s debt-restructuring deal has sparked buying activity in the company’s bonds.

The surprising way the bond market is reacting to Trump vs. Harris

Slight changes in the direction of Treasury yields are acting as a barometer of traders’ sentiment about the race for the White House.

Philip Morris International profit jumps 34% in ‘outstanding’ quarter

Philip Morris International Inc.’s stock rose 2.4% in premarket trading on Tuesday after the tobacco giant’s second-quarter adjusted profit came in ahead of Wall Street analyst estimates.

Polaris stock slides 7% after earnings fall far short of consensus and company cuts full-year outlook

Polaris Inc.’s stock fell Tuesday, after the power sports vehicles maker posted weaker-than-expected second-quarter earnings and slashed its full-year guidance.

Traders price in stock-market fear gauge jumping ahead of U.S. election

The futures curve of the Cboe Volatility Index suggests stock-market investors should prepare for a potential bump higher in October, according to OptionMetrics.

Home prices hit fresh record high, pushing sales down for fourth straight month in June

Existing-home sales fell to a rate of 3.89 million in June, the National Association of Realtors said.

Albertsons’ first-quarter revenue tops estimates, but profit misses

Albertsons Cos. reported reported lower-than-expected first-quarter profit early Tuesday, even as the grocery chain’s revenue topped expectations.

Carlyle Group co-founder David Rubenstein joining Moderna’s board

Moderna co-founder Bob Langer is retiring from the pharmaceutical company’s board.

I’m 52. My wife is 73. I want to spend our retirement together, but I only have $210,000 in my 401(k). What can I do? 

“I would love to retire around 60 when she will be 80.”

AMC’s debt restructuring a ‘significant move’ — but expect volatility, Wedbush says

AMC Entertainment Holdings Inc.’s debt-restructuring deal is a “significant move” for the movie-theater chain, but shareholders can expect to see more volatility in the company’s stock, according to Wedbush.
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