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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.

G20 leaders find agreement on global tax deal

The Latest on the Group of 20 summit taking place in Rome: Leaders have expressed “broad support” for a landmark deal to establish a 15% global minimum corporate tax that aims at deterring multinational countries from using clever accounting to elude taxes by using low-rate havens.

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.