Suez Canal blockage will hit US in short term, Harvard economist warns
Harvard economist Kenneth Rogoff told FOX Business' "Mornings with Maria" that the Suez Canal blockage has "profound short-term effects" on global trade.
Buttigieg suggests 'vehicle miles tax' to pay for infrastructure projects
Biden Transportation Secretary Pete Buttigieg is weighing a vehicle miles tax (VMT) to fund the president's estimated $3 trillion infrastructure plan.
Biden tax hikes could dampen strong stock market: Investment expert
Mahoney Asset Management CEO Ken Mahoney provides insight into the markets and potential tax hikes.
Manchin calls for 'enormous' infrastructure bill funded by new taxes
Sen. Joe Manchin, a key centrist Democrat, said this week that he supports a multitrillion-dollar infrastructure package that would be paid for in part by raising taxes.
Biden to unveil multi-trillion dollar infrastructure plan in Pittsburgh next week
President Biden said Thursday that he will travel to Pittsburgh next week to announce details of his multitrillion-dollar infrastructure bill, a sweeping measure that's expected to include funds for roads and bridges, as well as address issues like climate change and income inequality.
New York tax hikes not the way to jumpstart economy: Lawmaker
Rep. Nicole Malliotakis, R-N.Y., on New York’s spending plans.
Biden administration wants to 'punish the rich' for their success: Art Laffer
Former Reagan economist Art Laffer said Thursday that the Biden administration wants to 'punish the rich' for their success by raising taxes on the wealthy.
Biden’s massive spending plan, Yellen’s enthusiasm for tax hikes a top ‘threat’ to economy: Expert
Michael Lee Strategy founder Michael Lee discusses the impact of more government spending and taxes on the economy and the market.
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.
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.
Postmaster general announces 10-year plan including longer mail delivery times, cuts to post office hours
Postmaster General Louis DeJoy on Tuesday announced a 10-year plan for the U.S. Postal Service that includes longer mail delivery times and cuts to worker hours.
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.
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.
When will the extra $300 in unemployment benefits start?
The extra $300-a-week unemployment benefit included in President Biden's coronavirus relief plan may not arrive until mid-April or later.
Biden tax hikes will 'hurt every single person in this country': Rep. Mace
Rep. Nancy Mace, R-S.C., slammed President Biden's reported tax hike proposal on Wednesday arguing that it would hurt wages and jobs.
Republican attorneys general threaten Biden over key element of stimulus plan
Twenty-one Republican attorneys general threatened to take action against the Biden administration over a key element of the recently signed $1.9 trillion coronavirus relief law.
Stimulus check deliveries by big banks begin Wednesday morning
The biggest U.S. banks are beginning to deliver stimulus checks to eligible Americans Wednesday morning following some criticism over the timing of the third round of direct cash payments.
IRS agrees to protect some stimulus checks from debt reductions
The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog.
Former Microsoft, Amazon exec pleads guilty to $5.5M PPP fraud scheme: 'Please pray'
A former Microsoft executive on Tuesday pleaded guilty to attempting to fraudulently collect $5.5 million in PPP loans.
Yellen says Biden still open to wealth tax, other increases for top earners
Treasury Secretary Janet Yellen indicated that President Biden is open to pursuing a wealth tax as a means of paying for his multitrillion-dollar agenda and addressing the nation's swelling federal budget deficit.