Fed's Powell says delayed stimulus payments present short-term challenges
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.
Whiskey sour? Makers face hangover from trade dispute
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.
Biden White House's ties to Big Tech are detailed in new disclosures
National security adviser Jake Sullivan served on an advisory council for Microsoft last year.
Progressives aren't giving up fight for $15 minimum wage, say legislation must be passed this 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.
Biden administration launches new campaign to sell $1.9T COVID relief bill
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.
IRS warns start of child tax credit program could be delayed
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.
Still waiting for your stimulus check? Why you should file your taxes before new May 17 deadline
If you haven't received your third stimulus check yet, you should consider filing as soon as possible.
Biden’s tax hike may hit more US households than expected
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.
Biden's progressive polices are 'anti-business and a jobs killer': Peter Morici
Economist Peter Morici breaks down how President Biden's policies will leave more Americans jobless on FOX Business' Varney & Co.
Biden's proposed tax hikes will do 'great damage’ to middle-income families: Kudlow
Fox Business anchor Larry Kudlow on Thursday slammed President Biden's “killer” corporate and small business proposed tax increases.
Here’s how the $10,200 unemployment tax break in Biden's COVID relief plan works
Millions of Americans who collected unemployment aid last year got a welcome tax break in President Biden's $1.9 trillion coronavirus relief plan.
Biden's proposed tax hike could hit Americans earning $200,000
White House press secretary Jen Psaki clarified on Wednesday that Biden's proposed $400,000 threshold for tax increases applies to families, rather than individuals.
Big tax increases ‘convoluting’ the code, hurting economic growth: Steve Forbes
Forbes Media Chairman Steve Forbes weighs in on the long-term impact of the Biden administration raising taxes.
Will Biden change real estate tax rates?
President Biden has said he intends to raise certain tax rates – but could real estate rates be affected by his potential changes to the tax code?
DOJ nominee Vanita Gupta is investor in family business that pays Mexicans less than $1.50 an hour
Biden Justice Department nominee Vanita Gupta has stake in a business led by her father that pays workers in Mexico less than $2 an hour.
Biden admin to be sued by red states over revocation of Keystone XL permit, suit argues president lacks authority
A group of red states filed a lawsuit on Tuesday against the Biden administration for revoking the permit for the Keystone XL pipeline, which the president did via executive order on his first day in office.
Fed's Powell talks inflation, jobs and rates staying low
Fed Chair Powell sees an improving economy.
Sanders wants tax penalties for companies where CEOs are paid 50 times more than average workers
Sen. Bernie Sanders, I-Vt., on Wednesday introduced legislation to apply an added tax onto companies that pay their CEOs at least 50 times more than the median worker.
Sharp rise in gas prices due to Biden's energy actions: Florida Sen. Rick Scott
Sen. Rick Scott, R-Fla., blamed Joe Biden for the sudden and sharp increase in gas prices nationwide.
Tax Foundation president: Economists 'very concerned' about stimulus amount
Tax Foundation President Scott Hodge warned on Wednesday that economists are currently “very concerned about the amount of stimulus money that’s been put into the economy."
















