Trump Fed nominee Judy Shelton withdrawn by Biden: reports
A former economic adviser to former President Trump will not be appointed to the Federal Reserve Board after President Biden withdrew her name from consideration Thursday, according to reports.
Democrats increase pressure on Biden to erase $50,000 in student loan debt: 'He has to go much further'
House and Senate Democrats on Thursday ramped up their pressure on President Biden to bypass Congress and unilaterally cancel $50,000 in student loan debt for millions of Americans.
Ex-Fed official says trading frenzy a ‘concern,’ but doubts likelihood of regulatory action
Former Federal Reserve Bank of Atlanta President Dennis Lockhart reveals his expectations for Treasury Secretary Janet Yellen's meeting with regulators on the short-selling frenzy.
Booker, Pressley renew push for 'baby bonds' in bid to narrow wealth gap
Congressional Democrats renewed their push on Thursday to give newborn Americans a $1,000 savings account.
DNA-testing company 23andMe goes public in $3.5 billion deal via Richard Branson-backed SPAC
The Silicon Valley-based company, which sells genetic testing kits direct-to-consumer, launched in 2006 and become sought-after for its saliva-based tests that aim to give people insight into their ancestry.
Janet Yellen says top regulators will discuss whether GameStop volatility warrants 'further action'
Treasury Secretary Janet Yellen said Thursday that her meeting with top federal regulators later this morning will focus on whether recent market volatility warrants "further action."
Who will receive a third stimulus check? What we know so far
Although President Biden has maintained that that nearly $2 trillion emergency aid package needs to include direct payments worth $1,400, he's indicated that he's open to narrowing eligibility for the money in hopes of securing some GOP support.
Ivanka Trump, Jared Kushner saw income drop more than 20% over past year: report
The stock market soared more than 60% during the four years her father was president but Ivanka Trump and husband Jared Kushner saw their personal income and wealth appreciate only modestly during that time, new financial disclosures suggest, according to a report.
Dems to introduce plan to erase $50,000 of student debt
Democrats in both the House and Senate are planning to introduce a resolution Thursday, calling on President Biden to use executive action to remove $50,000 of federal student loan debt – though Biden’s response to such a demand remains dubious.
Virgin Hyperloop reveals passenger experience on high-speed trains
Virgin Hyperloop has revealed what a 45-minute trip from Los Angeles to San Francisco is going to look like.
Biden's Green Push: Solar reality unpacked
Biden's plan for green jobs may fall short.
Ilhan Omar wants Biden to shut down another oil pipeline
Rep. Ilhan Omar, D-Minn., is urging President Joe Biden to shut down a contentious pipeline project now under construction in Northern Minnesota.
Washington state eyes 'billionaire tax' on the ultra rich
Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax on some financial assets under a new proposal.
Stimulus checks should target poorer Americans, Harvard researchers say
New research suggests the stimulus money would be most effective at boosting the U.S. economy if it targeted lower-income Americans
Yellen seeks answers on GameStop volatility, summons Fed, SEC, CFTC
Treasury Secretary Janet Yellen is dealing with her first crisis.
Elizabeth Warren's wealth tax will weaken the economy and 'kill jobs,' Larry Kudlow warns
Larry Kudlow, former top economic adviser to Donald Trump, argued on Wednesday that Sen. Elizabeth Warren's proposed wealth tax will really mean "higher taxes for everybody."
Biden wants a $15 minimum wage. Here's what people say it would do to the economy
President Biden says his proposal to raise the federal minimum wage to $15 an hour will lift many low-wage workers out of poverty, but some businesses and economists warn it could cost jobs as the U.S. recovers from pandemic layoffs.
Biden's COVID relief plan could shrink economic growth over long-term, study shows
President Biden's relief proposal could provide an immediate burst to the U.S. economy but may drag on growth in years to come.
What is Trump's net worth now?
Former President Donald Trump's net worth has been hovering around $2.5 billion since last year, according to Forbes' estimate, down from an estimated $4.5 billion when he announced his candidacy in 2015.
Treasury Secretary Yellen to call regulator meeting on GameStop volatility
Yellen will convene heads of the Securities and Exchange Commission, the Federal Reserve, the Federal Reserve Bank of New York and the Commodity Futures Trading Commission, a Treasury official said on Tuesday.


















