Joe Biden

Biden blocks Trump-era gig-worker rule

The Biden administration is blocking a Trump-era regulation that would have made it easier to classify gig workers and others as independent contractors, a policy that had been sought by companies such as food-delivery and ride-sharing services.

US trade deficit hits record

The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.

Biden's tax hike proposal: All of your questions, answered

President Biden released an ambitious spending proposal on Wednesday that would make significant investments in child care and paid family leave – a $1.8 trillion measure that would be paid for almost entirely by significant tax hikes on the top sliver of U.S. households.

Biden's mega-spending proposal leaves towns divided

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%.