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Billionaires like Peter Thiel may be spared big IRA tax bill in latest Build Back Better plan

Peter Thiel, the billionaire co-founder of PayPal.John Lamparski | Getty Images Entertainment | Getty ImagesDemocrats seem to have spared wealthy Americans like billionaire tech mogul Peter Thiel from big tax bills on their vast Roth retirement savings in legislation unveiled this week.That break is courtesy of new language in

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Stocks making the biggest moves premarket: Pfizer, Canada Goose, Live Nation and more

Check out the companies making headlines before the bell:Pfizer (PFE) – The drug maker's shares surged 9.4% in premarket trading after a study showed that its experimental Covid-19 antiviral pill reduced the risk of hospitalization and death by nearly 90%. Pfizer said it will ask regulators to approve the

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Singapore’s largest bank beats expectations with 31% jump in third-quarter profit

The building of DBS, Singapore's largest bank, at the city state's central business district.Suhaimi Abdullah | Getty Images News | Getty ImagesSINGAPORE — Singapore's largest bank, DBS Group Holdings, posted third-quarter earnings that beat analysts' estimates as its chief executive flagged improving business conditions in the months ahead.  The

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Chinese real estate developer Kaisa halts trading in Hong Kong, as debt concerns escalate

Kaisa Group Holdings Ltd. logo displayed on a smartphone screen.SOPA Images | LightRocket | Getty ImagesHong Kong listed shares of Chinese real estate developer Kaisa Group Holdings were halted on Friday, following news that it had missed a payment on a wealth management product earlier this week.It comes as

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