Economic Indicators

The $2.25 trillion proposal, dubbed the American Jobs Plan and aimed at boosting infrastructure among many other projects, would be financed by raising the corporate tax rate from 21% to 28%.

President Biden repeatedly pledged on the campaign trail to not raise taxes on Americans earning less than $400,000, but that income threshold only applies to individual filers – not married couples whose combined salaries exceed the cap.

The U.S. trade deficit rose to a record high in March due to strong domestic demand and government aid, while pandemic worries have also started to fade.

Two Dow members will report results, Boeing in the morning and Apple in the afternoon

A top House Democrat is turning up the pressure on President Biden to include a permanent expansion of the child tax credit in his next big-ticket economic spending package.

Older homes are boasting higher price tags compared to new ones, according to new data.

The IRS has delivered about 161 million stimulus checks as part of President Biden's $1.9 trillion American Rescue Plan, but some Americans are still waiting for their payment to arrive – and the deadline is fast approaching to claim the money.

March new home sales will be among the reports that could set the direction of trading

The IRS sent out a sixth batch of stimulus checks this week, delivering payments to another 2 million Americans as part of President Biden's $1.9 trillion American Rescue Plan.

A group of moderate Senate Republicans on Thursday unveiled a scaled-back infrastructure proposal, a counteroffer to the massive $2.3 trillion tax and spending plan introduced by President Biden earlier this month.

The latest jobless claim and existing home sales could steer the direction of trading

The bank is pinning borrowing costs near record lows via massive bond purchases to see the euro zone through a scarring recession

Sen. Bernie Sanders and Rep. Pramila Jayapal unveiled legislation on Wednesday to make college free for millions of Americans – a policy that would be paid for with a new tax on Wall Street.

A group of Democratic lawmakers is calling on the White House to include a permanent expansion of the child tax credit in its next big-ticket economic spending package amid reports that President Biden is seeking to extend it only until 2025.

Dow member Verizon will lead off Wednesday’s earnings parade ahead of the opening bell

The owner of the Dakota Access pipeline that moves oil from North Dakota to Illinois says shutting down the line would have dire financial consequences based on recent economic conditions.

At least 300,000 out-of-work Americans have seen their unemployment benefits cut short during the coronavirus pandemic due to an outdated method that states use to tally jobless claims.

President Biden is reportedly preparing a slate of new tax hikes on wealthy Americans to pay for the second phase of his multitrillion-dollar spending plans.

More than 700,000 Americans who already filed their 2020 tax returns will receive a supplemental stimulus check this week, the IRS said.

Traders will have more earnings reports and economic data to study on the final trading day of the week