Economic Indicators

Biden expected to end Trump ban on temporary foreign workers

President Joe Biden is expected to allow a proclamation from his Republican predecessor that had blocked many temporary foreign workers from coming into the United States to expire on Wednesday, according to three people familiar with the matter.

Who is Archegos fund manager Bill Hwang?

Losses at Archegos Capital Management have triggered the liquidation of positions approaching $30 billion in value, The Wall Street Journal has reported, and sent the shares of two major investment banks tumbling. Archegos is run by former Tiger Asia manager Bill Hwang. What do we know about Mr. Hwang?

Biden's tax-hike plan faces opposition from moderate Democrats

The White House is assembling an infrastructure package that will likely be funded by new taxes on corporations and wealthy Americans — but the sweeping multitrillion-dollar plan could face opposition from members of President Biden's own party.