Biden praises Xi as 'smart, smart guy,' promises to 'hold China accountable'
President Biden called Chinese President Xi Jinping a "smart, smart guy" during his Thursday press conference, even as he vowed to hold Beijing accountable for a multitude of human rights abuses and unfair trade practices.
Kudlow: Biden admin's 'awful' infrastructure bill will 'damage growth' in next 2 years
FOX Business host Larry Kudlow warned that the “awful” next big-ticket economic spending package “will damage growth in the next couple years.”
Sanders proposes higher taxes on corporations, wealthy Americans than the White House
Sen. Bernie Sanders on Thursday renewed his push to hike taxes on wealthy Americans, unveiling a pair of proposals that would dramatically raise the rates paid by corporations and the top sliver of U.S. households.
Bloomberg gun group spending 7 figures to push gun background checks
Mike Bloomberg’s gun control organization, Everytown for Gun Safety, says it’s spending seven figures to launch a TV and digital ad campaign to pass what it calls “life-saving” background check measures that passed the House on near party-line votes earlier this month.
Biden administration wants to 'punish the rich' for their success: Art Laffer
Former Reagan economist Art Laffer said Thursday that the Biden administration wants to 'punish the rich' for their success by raising taxes on the wealthy.
Biden set up for ‘clever diversion’ on border during first press conference: Gingrich
Former Speaker of the House Newt Gingrich discusses what to expect from President Biden's first press conference.
Big tax increases will 'whack' recovering economy: Steve Forbes
Belpointe chief market strategist David Nelson and Forbes Media chairman Steve Forbes discess the impact of Sen. Warren's wealth tax on the economy.
Biden likely to be pressed on tax plans during first press conference
President Biden is scheduled to host his first press conference on Thursday, and business owners, as well as taxpayers, are likely to be looking to hear more about his plans to raise tax rates.
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.


















