Biden IRS nominee promises not to increase audits of households making less than $400K
IRS commissioner nominee Daniel Werfel is expected to tell a Senate committee that if he gets the job, he will not increase audits on those making less than $400,000.
Fed governor: Interest rates will likely 'continue to increase' to reach inflation goal
The Federal Reserve will likely continue to keep raising interest rates to get a firmer grip on inflation, Federal Reserve Governor Michelle Bowman said Monday.
Comer blasts Biden, Schumer for trying to 'scare seniors' by saying GOP wants to cut Social Security, Medicare
Rep. James Comer accused President Biden and Senate Majority Leader Chuck Schumer of trying to "scare seniors" by saying the GOP wants to cut Medicare and Social Security.
CVS buying Oak Street Health for $10.6B
CVS Health announced plans for them to acquire primary health company Oak Street Health for $39 a share, at a total purchase price of approximately $10.6 billion.
Concern over China threat becoming increasingly bipartisan as Dems speak out against CCP, TikTok
Democrats and Republicans alike are speaking out more and more against Chinese spying efforts in recent days, including the wildly popular social media app TikTok.
Biden rule letting retirement fund managers consider ESG factors to take effect despite red states' lawsuit
A new rule going into effect Monday allows managers of retirement funds to factor in companies' environmental and social stances when making investment decisions.
Tech layoffs continue as IBM, SAP announce massive cuts
Tech sector layoffs continue, as SAP announced they plan to cut about 3,000 employees on Thursday, a day after IBM announced they will lay off nearly 3,900 workers.
NY AG's office calls on Madison Square Garden to explain use of facial recognition to bar lawyers from venues
The office of New York Attorney General Letitia James sent a letter to Madison Square Garden Entertainment over a reported practice of using facial recognition to ban lawyers.
Dems, GOP, other witnesses pile on Live Nation president at Senate hearing
A Senate Judiciary Committee hearing on Tuesday addressed a variety of issues involving Live Nation and Ticketmaster, after a fiasco involving Taylor Swift ticket sales.