Biden's capital-gains tax plan may be retroactive, worrying top bank CEOs
President Biden's $6 trillion spending plan reportedly assumes that his proposed capital gains tax hike begins in April – meaning it would likely be too late for wealthy Americans to dodge the new levy.
Biden proposes $6T budget that will keep deficits near record highs
The White House on Friday unveiled a $6 trillion budget proposal for next year that adds to the nation's ballooning debt as President Biden pushes a sweeping economic agenda to dramatically expand the government-funded social safety net.
Mulvaney on Biden’s $6T budget plan: Modern monetary theory a ‘dangerous game’
Mick Mulvaney on what to expect from Biden’s proposed $6 trillion budget that Democrats claim will "reshape America."
Varney: Biden wants to spend trillions to transform America along socialist lines
FOX Business' Stuart Varney in his latest "My Take" on "Varney & Co." provided insight into President Biden's $6 trillion budget proposal.
Bill Gates and Melinda French Gates explore changes to foundation
Bill Gates and Melinda French Gates are discussing changes to the structure of their foundation to add more governance and independence as the philanthropists’ planned divorce calls into question the direction of one of the world’s largest charities.
Biden: ‘I’m a capitalist, but here’s the deal’
President Biden reminded the audience while delivering remarks on the economy that he is a “capitalist,” but believes that executive wages have soared far too high above those of the working class.
Comparing Republicans' $928B infrastructure plan to Biden's: What's in each proposal?
A group of moderate Senate Republicans on Thursday unveiled an infrastructure proposal worth close to $1 trillion, a counteroffer to the massive tax-and-spending plan introduced by President Biden earlier this month.
Yellen pitches $13B budget increase for IRS as White House looks to crack down on tax cheats
Treasury Secretary Janet Yellen on Thursday asked Congress to approve an additional $13.2 billion in funding for the IRS, which has seen its budget gutted over the past decade.
Varney: The left wants banks to get in line with their social revolution
FOX Business’ Stuart Varney on the left pressing big bank CEOs on social justice initiatives.
Bill Gates’ money manager: What to know about Michael Larson
Michael Larson, who has been accused of workplace misconduct, has been managing Bill Gates’ wealth through Cascade Investment for 27 years.
Yellen urges Congress to increase Treasury Department funding levels
Treasury Secretary Janet Yellen urged Congress to increase the Treasury Department's budget as it struggles to launch new programs designed to distribute trillions of dollars in federal coronavirus relief.
Bill Gates’ money manager allegedly made racist, sexual comments to staff
Bill Gates’ money manager of more than 27 years allegedly made racist and sexually offensive remarks, bullied staffers and fostered a culture of fear in the workplace, former employees claimed in a new report.
Biden to deliver 'major' speech on the economy, defending his record and pushing massive new spending
President Biden is set to deliver a "major" speech on the economy Thursday afternoon in Cleveland, Ohio, and is expected to tout his record, saying it is "working," while pushing new spending plans as the economy stands at an "inflection point."
White House likely to dispute GOP plan to pay for its $1T infrastructure counter-offer
On Thursday morning a group of Republican senators led by Shelley Capito, W.Va., will introduce their new counter offer to President Biden’s infrastructure plan.
Biden easing China sanctions 'can't be justified': Ex-Reagan director of intl. economic affairs
Roger Robinson Jr. warns against a potential "fundamental shift" on China policy in the Biden administration.
Ken Paxton: Biden, Harris won't visit border because they don’t want to highlight what’s going on
Texas Attorney General Ken Paxton discussed America’s southern border crisis on “Mornings with Maria.”
Secretary Yellen scolded for failure to appear at small business hearing
U.S. Treasury Secretary Janet Yellen provoked the ire of some lawmakers on Capitol Hill who held a small business hearing that the secretary did not attend.
Lumber woes helping drive housing frenzy, construction stalls
Realtors are seeing a housing market that is bordering on historic with homes being sold in a matter of hours not days.
White House sticks by Biden's $4T spending plans despite Dimon warning on inflation
The White House on Wednesday defended President Biden's sweeping $4 trillion spending plans, despite a warning from JPMorgan Chase CEO Jamie Dimon that the unprecedented levels of government stimulus could lead to runaway economic growth.
Trump pins lumber crisis on Biden policies
Former President Donald Trump says the Biden administration is to blame for surging lumber prices that are weighing down the housing market.

















