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CVS To Lay Off Nearly 3K Workers CVS To Lay Off Nearly 3K Workers
CVS To Lay Off Nearly 3K Workers CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said.  "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…

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by Joe Lombardi
News
The Struggle Is Real: 44 Percent Of Families Spent All/Most Of Savings Since COVID-19 The Struggle Is Real: 44 Percent Of Families Spent All/Most Of Savings Since COVID-19
The Struggle Is Real: 44 Percent Of Families Spent All/Most Of Savings Since Covid-19 A new poll of U.S. households with children found that more than 60 percent are facing major financial difficulties since the COVID-19 outbreak. Released in September, the new study, “The Impact of Coronavirus on Households With Children,” is a research project between NPR, the Robert Wood Johnson Foundation, and the Harvard TH Chan School of Public Health. The study polled nearly 3,500 adults with children and highlights how households are faring in areas of child care, finances, employment, and health, among others since COVID-19 upturned the national economy. - 61 percent of households …

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by Kristin Palpini
Business
Ace Your Student Loans With These Helpful Tips From Laurel Road Ace Your Student Loans With These Helpful Tips From Laurel Road
Ace Your Student Loans With These Helpful Tips From Laurel Road As the old saying goes, nothing pays quite like a college degree. In fact, studies show that college graduates out-earn degree-less peers at almost every stage in their lives, reinforcing the value of continuing education. However, the cost of college does not come cheap, often straddling new earners with potentially dangerous student debt. Thankfully for those currently repaying their student loans, the lending experts at Laurel Road are here to help. Upon graduating from college, students should inquire about the grace period on their upcoming loans. Grace periods typically last anywhere …

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