Biden administration to invest $10 billion to increase vaccine access in rural, minority communities: HHS
The Biden administration plans to invest $10 billion to expand coronavirus vaccine access to minority, rural and other underserved communities, according to a release from the administration.
Amazon exec jabs Sanders, touts company's progressive policies ahead of union vote
Dave Clark, Amazon’s Senior Vice President of Worldwide Operations, lashed out at Sen. Bernie Sanders, I-Vt., in a Twitter post on Wednesday, suggesting that the senator was all talk and little action when it came to actually putting progressive policies in place.
IRS could raise revenue without raising tax rates if it were properly resourced, Yellen says
U.S. Treasury Secretary Janet Yellen said on Wednesday that if the IRS were funded appropriately and therefore able to crack down on tax cheats, the U.S. would be able to collect more revenue without raising taxes
White House clarifies which wealthy individual filers will get snagged by Biden tax hike
I individuals who make up to $400,000 won’t pay more, but families making that amount would
Elizabeth Warren wealth tax would shrink US economy by 1.2%, according to a new analysis
Sen. Elizabeth Warren's plan to tax the net worth of the wealthiest Americans could reduce U.S. economic growth by 1.2% over the next 30 years, according to a new analysis published this week.
Janet Yellen, Fed’s Jerome Powell testify on COVID-19 relief, economy
Yellen and Powell returned to Capitol Hill for a second day of testimony.
14 US states sue Biden administration over oil and gas leasing pause
A coalition of 13 states filed one lawsuit in federal court in Louisiana, while Wyoming filed a its own lawsuit in federal court in that state. The states joining Louisiana’s suit included Alabama, Alaska, Arkansas, Georgia, Mississippi, Missouri, Montana, Nebraska, Oklahoma, Texas, Utah and West Virginia.
Yellen says higher taxes needed in long term to finance US spending
Treasury Secretary Janet Yellen said Wednesday the U.S. government has more room to borrow, but acknowledged that higher taxes will likely be needed to pay for those future expenditures.
Meghan Markle legal battle forces paparazzi agency to file for bankruptcy
A prominent paparazzi agency has filed for Chapter 11 bankruptcy after a lengthy legal battle against Meghan Markle.
More Americans eligible for $10,200 unemployment tax break under new IRS rule
More Americans are eligible to take advantage of a tax break on unemployment benefits under new guidance issued this week by the IRS.
Biden’s massive spending plan, Yellen’s enthusiasm for tax hikes a top ‘threat’ to economy: Expert
Michael Lee Strategy founder Michael Lee discusses the impact of more government spending and taxes on the economy and the market.
Biden's rhetoric driving 'crisis' at the border: Florida Sen. Marco Rubio
Sen. Marco Rubio, R-Fla., said on Wednesday that he believes President Biden's rhetoric is driving the “crisis” at the southern border.
Biden raising taxes would be ‘risky political move’: Former Clinton adviser
Former Clinton adviser Mark Penn weighs in on President Biden’s tax plans and treatment by the media.
A Trump SPAC is the talk of Wall Street
Could a Donald Trump-branded Special Purpose Acquisition Companies -- known on Wall Street as a SPAC -- be in the former president's future?
Biden announces Obamacare special enrollment period extended three months
President Biden announced Tuesday the special enrollment period for Obamacare is now being extended until August 15.
Biden plots tax hike on wealthy Americans, corporations to fund $3T infrastructure plan
The Biden administration is reportedly exploring tax increases on businesses, investors and wealthy Americans to fund the president's next multitrillion-dollar spending bill.
Stocks sink as coronavirus European lockdowns rise, Powell and Yellen assess economy
U.S. equity markets fell Tuesday amid renewed concerns about the pace of the global recovery as European countries imposed new COVID-19 lockdowns and as Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testified about the U.S. government’s COVID-19 relief efforts.
Boulder shooting puts gun stocks in focus as Biden calls for tougher laws
President Biden on Tuesday called on Congress to tighten gun laws after a shooting at a Colorado supermarket killed 10 people.
Yellen says Biden administration weighing tax structure changes to fund infrastructure bill
Treasury Secretary Janet Yellen said Tuesday that President Biden is exploring changes to the tax structure in order to offset the cost of Democrats' next big-ticket economic spending package.
$1,400 stimulus check delays under scrutiny by House Democrats
A group of House Democrats is pushing for answers on reported delays in the delivery of the third round of stimulus checks to Americans who are not required to file tax returns – including some veterans and Social Security beneficiaries.



















