Money and Policy

President-elect Joe Biden will inherit dueling crises when he takes office on Wednesday, with plans to usher in a sweeping agenda that addresses the raging coronavirus pandemic and the economic catastrophe that it triggered.

President Trump revoked a rule implemented by his own administration banning White House staff from lobbying the government for five years after they leave their posts in a late-night executive order issued during his final hours in office. 

The Paycheck Protection Program, a vital lifeline that helped keep pandemic-ravaged small businesses afloat, fully reopened to all participating lenders on Tuesday after initially limiting who was eligible. 

Janet Yellen, President-elect Joe Biden's nominee to lead the Treasury Department, made the case for the quick passage of a sweeping $1.9 trillion coronavirus relief bill proposed by the incoming administration. 

Goldman Sachs analysts raised their growth forecasts for the U.S. this year after President-elect Joe Biden unveiled a sprawling coronavirus relief package that would inject $1.9 trillion into the nation's sputtering economy.

Top American banks could see their tax bill rise surge if President-elect Joe Biden forges ahead with his campaign pledge to increase the corporate rate.

Millions of Americans have already received their $600 stimulus check, but some who are still waiting for the money to arrive will need to file a tax return in order to receive the money.

President-elect Joe Biden is seeking to raise the federal minimum wage to $15 an hour as part of his massive $1.9 trillion coronavirus stimulus proposal, which could deal another financial blow to small businesses already struggling during the pandemic.

President-elect Joe Biden is already facing backlash over the $1.9 trillion coronavirus relief proposal designed to combat the economic downturn and deadly pandemic that he outlined on Thursday night.

President-elect Joe Biden on Thursday unveiled a $1.9 trillion coronavirus stimulus proposal that's designed to jump-start the nation's sputtering economy and accelerate vaccine distribution to control the deadly pandemic. 

President-elect Joe Biden on Thursday evening will unveil his long-awaited coronavirus stimulus proposal designed to jump-start the nation's economy amid fresh evidence that the recovery is sputtering. 

The Labor Department on Thursday released its latest data on the number of Americans filing for unemployment benefits.

Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.