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.
Biden proposing ‘undercover tax on just about everybody’: Wealth strategist
Wealth strategist Rob Luna said President Biden’s proposal to increase the capital gains rate on high earners will impact “real Americans.”
Biden tax hikes pose minor risk to stocks: Goldman Sachs
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.
Biden administration officials put together $3T economic plan
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.
Fed's Jerome Powell, Treasury's Janet Yellen talk COVID-19 relief
Jerome Powell and Janet Yellen gave their take on the COVID-19 relief progress.
Yellen predicts possible post-COVID return to full employment next year
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.
Fed’s Powell: Economic recovery ongoing but far from complete
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.
New SBA head plans changes at agency; focus now is COVID-19
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.
Biden nominee Marty Walsh confirmed as secretary of labor
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.
Biden wants to raise taxes on wealthy Americans who got richer during pandemic
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.
Bernie Sanders disses Elon Musk’s wealth, space plans as he calls for ‘progressive’ taxes
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.
Trump says China 'laughs' at Dr. Seuss controversy: 'They think our country is stupid'
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, amid fallout over Trump ban, seeks user input on policies for politicians, world leaders
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.


















