Markets

President Biden on Thursday outlined a slew of new taxes on corporations and the ultra-wealthy in order to pay for the bulk of his signature economic spending plan – but a new analysis suggests the rate increases could generate $500 million less than the White House estimated.

U.S. stock indexes rallied to record highs Thursday as traders parsed through earnings reports and digested the disappointing third-quarter gross domestic product reading while awaiting further details on the framework of President Biden's economic plan.

House Democrats raked energy CEOs over the coals over for their companies’ past responses to climate change, while the executives insisted they recognize the need for a future with lower carbon emissions.

Biden’s recent decision to nominate Cornell University professor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) tells us this.

Ford is finally firing on all cylinders and Wall Street is getting onboard.

House Speaker Nancy Pelosi is urging Democrats to pass a stalled $1 trillion infrastructure package as soon as today, but is being rebuffed by progressive lawmakers who are threatening to vote against the bipartisan measure unless it's accompanied by a larger, party-line spending bill.

Fresh Del Monte Produce Inc. is raising fruit prices in response to unprecedented inflationary pressures being felt across its supply chain.