Biden's tax hikes would ding the economy in the long run, study shows
President Biden is billing his sprawling $1.8 trillion spending proposal as a once-in-a-generation opportunity to bolster the U.S. economy, but a new analysis published this week shows that it could slash growth in the long term due to a slew of tax hikes.
Powell says Fed does not seek to set climate policy for US
The Federal Reserve does not seek to set climate change policy for the United States and the issue, while of long-term economic concern, does not currently influence monetary policy, Fed chair Jerome Powell said on Friday.
Dorsey would be developing Bitcoin if he didn't work for Twitter, Square
Jack Dorsey on Friday said that if he weren't the CEO of Twitter and Square, he'd spend the rest of his life working to develop Bitcoin.
Facebook suspends Trump's account for 2 years, will reassess 'risk'
Facebook’s Oversight Board on Friday upheld its suspension of former President Donald Trump’s Facebook and Instagram accounts for two years before it will reassess, citing his "praise for people who engaged in violence" during the Jan. 6 Capitol attack.
Biden uses weaker-than-expected May jobs report to tout economic agenda
President Biden cited the May jobs report on Friday as evidence that his economic plan is working and the U.S. is poised for a full recovery from the coronavirus pandemic, even though employers hired fewer workers than expected last month.
Biden suspending Alaska oil, gas leases goes against reason for statehood: Gov. Dunleavy
EXCLUSIVE: Alaska Gov. Mike Dunleavy says President Biden’s decision to suspend oil and gas leases in the Arctic National Wildlife Refuge doesn’t make sense and will only weaken America.
Biden widens list of Chinese firms off-limits for investment
President Biden has nearly doubled the list of Chinese companies whose shares are off-limits to U.S. investors in the latest sign he is not softening Washington's stance toward Beijing.
Kudlow: The 'V-shaped' recovery is here
Larry Kudlow says he's confident in a ‘V-shape’ recovery' if the Biden administration allows it to happen on “Kudlow.”
Biden's proposed 39.6% top tax rate would hit these individuals, families
President Biden introduced a sweeping spending plan earlier this year financed in part by raising taxes on the top sliver of U.S. households, including raising the top individual income rate to 39.6%.
Rep. Brady unveils GOP efforts to expand family paid leave, tax reform
Rep. Kevin Brady, R-Texas, unveils family paid leave proposal and the push to end government checks in an effort to propel the economy.
Biden offers to drop corporate tax hike during infrastructure negotiations with Republicans
President Biden offered to scrap his proposed corporate tax hike during negotiations with Republicans on an infrastructure plan, a source familiar with the matter said Thursday.
US ‘way below’ jobs potential, former Reagan economic adviser says
Art Laffer, a former economic adviser to Ronald Reagan, said on Thursday that he is “not optimistic about the Biden long-term jobs situation.”
White House ransomware memo urges businesses to harden cyber defenses
The White House is urging the private sector to take ransomware crime seriously by ensuring corporate cyber defenses match the threat, while warning that "no company is safe" from being targeted.
DeSantis signs $101.5B Florida budget after vetoing $1.5B
Republican Florida Gov. Ron DeSantis signed a $101.5 billion budget Wednesday after vetoing $1.5 billion, including $1 billion in federal money for an emergency response fund he said had strings attached that made it unusable.
White House gearing up for May jobs numbers after weak showing in April
Washington is closely watching Friday's May jobs report as Democrats look to pass $4 trillion in new spending on top of a $1.9 trillion bill passed earlier this year.
Biden’s electric vehicle metals import plan ‘not viable’: USA Rare Earth CEO
USA Rare Earth CEO Pini Althaus pushed back on the Biden administration's plan to rely on other countries to produce metals for electric vehicles and other American-made technology on FOX Business' "Mornings with Maria."
Bitcoin crypto craze and Miami's big day
Bitcoin Miami, the largest crypto conference to date, will bring together crypto’s elite to hobnob over the future of the world’s largest digital currency.
Biden spending proposals a ‘mystery’ amid ‘tremendous’ economic recovery: Douglas Holtz-Eakin
Former CBO Director and American Action Forum President Douglas Holtz-Eakin argued the U.S. economy is recovering on its own.
Bill Gates' next generation nuclear reactor to be built in Wyoming
Billionaire Bill Gates' advanced nuclear reactor company TerraPower LLC and PacifiCorp have selected Wyoming to launch the first Natrium reactor project on the site of a retiring coal plant, the state's governor said on Wednesday.
Kudlow: Biden's economic plan is 'just stagnation'
Fox Business host Larry Kudlow criticized the Biden administration's infrastructure plan Wednesday likening it to the Green New Deal on "Kudlow."

















