Who is eligible for child tax credit payments, and what to do if you don't qualify
As the new child tax payments go out to millions of families across the U.S., here's everything you need to know including how much you should get, when you will get it, how to make changes and what to do if you're not eligible.
Money in the bank: Child tax credit dollars head to parents
Democrats see this as a landmark program along the same lines as Social Security, saying it will lead to better outcomes in adulthood that will help economic growth. But many Republicans warn that the payments will discourage parents from working and ultimately feed into long-term poverty.
Biden's Education Department hires student loan forgiveness advocate: How your college debt could be impacted
The Biden administration has hired a student loans expert who believes the Education Secretary has the legal authority to forgive student debt under executive order. Here's what that means for your college debt.
How the expanded child tax credit payments work
The Biden administration is beginning to distribute expanded child tax credit payments, giving parents on average $423 this month, with payments continuing through the end of the year.
Biden administration should suspend nuclear negotiations with Iran in Vienna: Lieberman
Former Connecticut Senator Joe Lieberman provides insight into how the Biden administration should approach Iran.
Biden to discuss Russia-linked cybercrimes during meeting with Germany's Merkel
President Biden on Thursday will host a meeting at the White House with German Chancellor Angela Merkel where the pair is expected to discuss a host of issues including cybersecurity and climate change.
White House to establish ransomware task force: report
The White House will establish a ransomware task force in the coming days following hacks that crippled key firms responsible for U.S. fuel and meat production.
Kudlow: 'Woke economics' leads to economic decline
Larry Kudlow says Democrats do not care about growth and slams 'woke economics' in his monologue.
Fed Chair Powell hints on digital dollar timing
Federal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.
Top GOP lawmaker endorses Jerome Powell for second Fed term
The top Republican on the House Financial Service Committee on Wednesday threw his weight behind the renomination of Jerome Powell to a second, four-year term as the chairman of the Federal Reserve.
Firefighter shortage sparks fears as wildfires rage on out West
FOX Business reporter Connell McShane joined "Varney & Co." Wednesday from hazy Morrison, Colorado, a small town reeling from several massive fires plaguing the state this week.
GOP rips Democrats' 'shocking' new $3.5T spending plan as recipe for economic disaster
Republicans were quick to condemn Democrats' new $3.5 trillion budget plan as too big and detrimental to the economic recovery.
Democrats' $3.5T spending plan the 'tip of the iceberg': Sen. Barrasso
Sen. John Barrasso, R-Wyo., argued Wednesday that America "can't afford" Democrats' $3.5T spending package.
Estate tax changes will slam farmers, who have sway in key swing states, say GOP lawmakers
Republican lawmakers are voicing concerns about President Biden’s proposed changes to estate taxes, citing potential devastating impact on farmers who comprise large populations in several major swing states.
Powell says Fed 'a ways off' from tapering economic support
Federal Reserve Chairman Jerome Powell plans to tell Congress on Wednesday that the U.S. economy is "a ways off" from where it needs to be in order for policymakers at the U.S. central bank to begin scaling back the massive monthly bond purchases.
Neck rubs, tapped phones: Merkel has history with US leaders
One of the longest-serving leaders of one of the closest U.S. allies, Merkel is set for a warm welcome when she meets Biden during her first visit to Washington since he took office in January.
Biden throws weight behind Democrats' $3.5T spending package while also pushing bipartisan plan
President Biden is expected to throw his support behind Senate Democrats’ $3.5 trillion spending package on Wednesday, while continuing to push for a bipartisan infrastructure plan.
Stock futures trade mixed ahead of bank earnings, Fed testimony
U.S. equity futures are trading mixed ahead of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress.
Biden nominating House aide Richard Trumka Jr. to Consumer Product Safety Commission
President Joe Biden nominated Richard Trumka Jr., a House aide and the son of AFL-CIO president Richard Trumka, to the Consumer Product Safety Commission (CPSC) on Tuesday.
Kudlow: Biden tax hike 'seven times' as large as Trump tax cut
Larry Kudlow slams the tax hike on 'Kudlow'


















