NewsEdge

President Biden plans to raise capital gains taxes for Americans earning more than $1 million, his top economic adviser said on Monday.

Hotels, restaurants and other businesses in tourist destinations are warning that hiring challenges during the coronavirus pandemic could force them to pare back operating hours or curtail services just as they’re eyeing a bounce-back summer

Sen. Rand Paul, R-Ky., warned on Sunday that increasing the capital gains tax will lead to a "significant market reaction."

It's a problem that spans the entire nation from Alabama to New York City and even out west in California.

Jenner’s “Caitlyn for California” website features a collection of wine goblets, mugs, beverage coolers, hats, shirts, rally signs, yard signs and bumper stickers – each ranging from $15.00 to $36.00.

‘Kudlow’ host Larry Kudlow painted a picture Friday of what America could look like under Joe Biden's new climate plan, saying grilled Brussels sprouts would replace hamburgers at the 4th of July.

Moderna Inc. CEO Stephane Bancel said Friday that the company is on track to produce 1 billion doses of its COVID-19 vaccine this year, but warned that with manufacturers producing large quantities, there could be an oversupply in 2022.

Austin’s first-ever professional sports team kicked off its debut to major league soccer last weekend. Although Austin FC may have fell in a loss to Los Angeles FC, things are looking up for the new football club and the local community. In a city still trying to recover from the tough economic impact of the coronavirus pandemic, this football club brings a new hope for many businesses in the community.

Senate Republicans are pushing a return to fiscal austerity under President Biden, adopting a new internal party rule that requires dollar-for-dollar spending cuts in order to raise the debt ceiling.

Despite the scandals swirling around him, New York Gov. Andrew Cuomo is the country's highest-paid governor.

The disclosures show wealth built up by Purdue’s family owners, who have offered to pay $4.28 billion in a proposed bankruptcy deal

Vanessa Bryant and Kobe Bryant’s estate decided not to extend their partnership with Nike which expired earlier this month due to several differences between the two sides, reports say.

President Biden took a virtual tour of electric vehicle manufacturer Proterra on Tuesday, a company that Energy Secretary Jennifer Granholm had previously disclosed a multimillion-dollar stake in.

Four drugmakers helped cause the deadly U.S. opioid epidemic by deceptively marketing their drugs and downplaying their addictive risks, a lawyer for several California counties argued on Monday at the start of a multibillion-dollar trial.

The Biden administration is reportedly considering implementing a measure that would require cigarette companies to adjust the levels of nicotine contained in their products.

Foxconn Technology Group, the world's largest electronics manufacturer, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov. Tony Evers and the the company announced on Monday.

A growing rift among Democrats over whether to repeal a Trump-era limit on state and local tax deductions is threatening to derail President Biden's $2.25 trillion tax and spending plan.

William “Billy” McFarland, the mastermind behind the Fyre Festival sham, has been released from solitary confinement after nearly five and a half months.

Demand for denim is back as shoppers seek out clothing beyond sweatpants and athleisure in the era of post-pandemic attire.

The rapper’s company recently filed to trademark the official logo for his upcoming Yeezy x Gap fashion line.