1:15 a.m. March 31, 2021
- By Steve Goldstein
White House releases $2 trillion infrastructure spending plan that calls for corporate tax hikesThe White House has released what it's calling The American Jobs Plan, the infrastructure plan President Joe Biden will discuss in a speech in Pittsburgh on Wednesday. The White House said the $2 trillion spending plan over 10 years will be fully paid for with $2 trillion in taxes over 15 years, including by hiking the corporate tax rate to 28%, increasing the global minimum tax on U.S. multinationals and establishing what's called a 15% minimum tax on book income.
2:39 p.m. March 3, 2021
- By Meera Jagannathan
3 women allege Andrew Cuomo sexually harassed them — what do you do if it happens to you? and Did you refinance your mortgage last year? Here’s how it could affect your taxes Wednesday’s top personal finance stories Wednesday’s top personal finance storiesWednesday’s top personal finance stories
10:25 a.m. Aug. 28, 2020
- By Myra P. Saefong
Gold turns higher for the week as investors parse Fed’s historic policy shift Gold log first weekly climb in 3 weeksGold futures rise Friday, prompting prices to end higher for the week, after the Federal Reserve announced a policy shift Thursday that would allow employment and inflation to run hotter than in the past, implying that the central bank may keep benchmark interest rates lower for longer.
1:01 a.m. Aug. 11, 2020
- By Brittany Anas
10 economically diverse cities that have what it takes to overcome turbulent times What makes these places great to work and liveThese cities have the range of industries, depth and nimbleness needed to be resilient, and are great places to live.
12:02 p.m. July 16, 2020
- By Greg Robb
Fed needs stronger forward guidance to convince people ‘we’re really in it to win it,’ Evans says Chicago Fed president is another voice in favor of setting conditions to meet before interest rates riseThe U.S. central bank should adopt strong forward guidance to convince the market that ‘‘we’re in it to win it,” said Chicago Fed President Charles Evans on Thursday.
12:42 p.m. June 6, 2020
- By Greg Robb
May’s surprising job gain dents view that Fed will stay at zero for years That sound you heard was a ‘sigh of relief’ from the central bank that things could be on the mendThe surprising jump in employment in May raises questions about the view that the Federal Reserve will hold interest rates at zero for years.
12:02 p.m. May 20, 2020
- By Jonathan Nicholson
Pressing ‘pause’ on more coronavirus aid won’t kill the economy, Republican economists say Current crisis differs from 2008 and same rules don’t apply, they argueThe lessons from the 2008-9 financial crisis, at least according to Democrats, were don’t be afraid to go big and don’t be afraid to go fast. But that playbook doesn’t apply this time around, say two prominent Republican economists.