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Wealth strategist Rob Luna said President Biden’s proposal to increase the capital gains rate on high earners will impact “real Americans.”

President Biden’s potential tax hikes will provide a minor headwind to the U.S. equity market, according to strategists at Goldman Sachs Group Inc.

Administration officials are crafting a plan for a multipart infrastructure and economic package that could cost as much as $3 trillion and fulfill key elements of President Biden’s campaign agenda, according to people involved in the discussions.

Jerome Powell and Janet Yellen gave their take on the COVID-19 relief progress.

U.S. Treasury Secretary Janet Yellen will testify before lawmakers in the House Financial Services Committee on Tuesday where she is expected to paint a relatively hopeful picture for the U.S. labor market.

Federal Reserve Chair Jerome Powell is set to testify before the House Financial Services Committee on Tuesday, where he will update lawmakers about the ongoing economic recovery amid the coronavirus pandemic.

Isabella Casillas Guzman said her immediate focus is implementing the small business provisions in the $1.9 trillion coronavirus rescue package President Joseph Biden signed into law last week.

Senate lawmakers voted Monday to confirm Boston Mayor Marty Walsh of US secretary of labor, a position that will play a critical role in President Biden’s pledge to boost union and worker rights.

President Biden is committed to fulfilling a key campaign promise and raising taxes on high-income earners amid growing evidence that many wealthy Americans benefited financially from the coronavirus pandemic. 

Sen. Bernie Sanders, I-Vt., hit back at Tesla and SpaceX founder Elon Musk on Twitter Monday, saying the U.S. needs to focus on residents’ needs before it concentrates on space exploration.

Former President Donald Trump argued Monday that China and other international rivals “laugh” at the United States under President Biden for focusing on “woke” politics.

Twitter is seeking input from users on their policies regarding politicians and world leaders on their platforms, as the company continues to face fallout from its decision to permanently block former President Trump from the platform.

Federal Reserve Chairman Jerome Powell said Monday the coronavirus pandemic exposed weaknesses in the global payment system, including the delays in stimulus check deliveries to millions of Americans. 

Bourbon, Tennessee whiskey and rye whiskey were left out of a recent breakthrough to start rebuilding trade relations between the U.S. and European Union in the wake of Donald Trump's presidency. While tariffs were suspended on some spirits, the EU's 25% tariff on American whiskey remains in place, and the rate is set to double to 50% in June in the industry's largest export market.

National security adviser Jake Sullivan served on an advisory council for Microsoft last year.

Progressives said Democrats owe their constituents a higher living wage, and if they don't deliver, it could cost them at the ballot box in 2022. 

One week after President Biden signed the American Rescue Plan into law, the White House is undertaking a new venture: Selling the $1.9 trillion coronavirus relief package to families across the country.  

The head of the IRS warned this week of potential delays to the launch of the new monthly child tax credit payment program authorized under President Biden's $1.9 trillion stimulus plan.

If you haven't received your third stimulus check yet, you should consider filing as soon as possible. 

President Biden has proposed what he has called “a small to a significant tax increase” on households earning more than $400,000, and it has been suggested that a small number of wealthy families would be affected.