President Joe Biden wants higher taxes for big corporations and high earners to “support investments in the U.S. economy” as well as tax relief to ensure that low-income and middle-class families “are not paying more than their fair share,” a top White House economic aide said Tuesday.
Major U.S. banks and credit unions must make the first wave of stimulus payments available to eligible customers by Wednesday at 9:00 a.m., local time—the official payment date designated by the Internal Revenue Service.
The S&P 500 slipped on Friday after hitting an all-time high in the prior session, as a spike in U.S. bond yields revived inflation worries and dented appetite for high-growth stocks.
Oklahoma became the latest to lift virtually all Covid-19 restrictions on Thursday, bringing the total number of states that have chosen to fully reopen—despite warnings from public health officials—to seven, with a number of others also moving in that direction.
Apple Inc. has a tried-and-true approach to launching new products: The company designs in-house, sources its own components, and works with a contract manufacturer to assemble it for sale.
A new poll shows that a majority of registered American voters believe states that imposed more stringent lockdowns to curb the spread of COVID-19 have done worse economically than those that remained relatively more open.
