Money

Yellen says Democrats can address debt ceiling via reconciliation if needed

Treasury Secretary Janet Yellen on Monday renewed her push for Congress to raise the debt ceiling before the U.S. government runs out of cash in early December, but she said Democrats should be willing to address the issue on their own if Republicans refuse to act in a bipartisan manner to avoid a first-ever debt default.

The Fed moves closer to tapering asset purchases

Bulltick Capital Markets chief strategist Kathryn Rooney Vera, Brigg Macadam founding partner Greg Swenson, and founder of Michael Lee Strategy Michael Lee, weigh in on the Fed's next moves and spending in Washington. 

Wealthy Americans look to escape Biden's tax hikes

Wealthy investors are increasingly concerned about the possibility of impending tax increases as congressional Democrats barrel ahead with a plan to substantially raise rates on well-off corporations and rich Americans.

Prosecutors urge prison for Michael Avenatti in Nike case

New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25 million from Nike.