Mar 30 Watch 6:51 Democrats unveil new plan to increase taxes on billionaires By Lisa Desjardins, Dorothy Hastings President Biden unveiled a budget proposal this week that includes a new wealth tax targeting the richest Americans and aimed at addressing wealth inequality. The latest Democratic proposal would affect households worth $100 million or more. Dan Primack, business editor… Continue watching
Mar 30 The IRS is still working through last year’s backlog. Here’s what to know about your taxes this year By Hannah Grabenstein Tax season this year could get complicated. Here’s what filers need to know as this year’s April 18 filing deadline approaches. Continue reading
Mar 29 Americans are easing up on masks and other COVID safeguards according to AP-NORC poll By Russ Bynum, Emily Swanson, Associated Press Americans are letting their guard down as new COVID-19 infections plummet to their lowest level since July. But experts warn a new wave of cases is coming. Continue reading
Mar 29 Labor Department says U.S. job openings remain at historic highs By Christopher Rugaber, Associated Press Job openings stayed at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. Continue reading
Mar 29 Poland blocks coal imports in an effort to reduce Russian energy dependency By Vanessa Gera, Associated Press Tuesday’s move is part of a larger strategy to reduce energy dependence on Russia which gained new urgency after the invasion of Ukraine. Continue reading
Mar 29 FTC sues Intuit to stop misleading ‘free’ TurboTax filing ads By Tali Arbel, Associated Press The consumer protection agency said millions of consumers cannot actually use the free tax-prep software option because they are ineligible for it. Continue reading
Mar 29 New York attorney general asks appeals court to enforce Donald Trump subpoena By Michael R. Sisak, Associated Press New York's attorney general is asking a state appeals court to uphold a lower court ruling requiring Trump to answer questions after an investigation found evidence that he may have misstated the value of his business assets for more than… Continue reading
Mar 28 U.S. seeks new lithium sources as demand for clean energy grows By Patrick Whittle, Associated Press The element is critical to the development of lithium-ion batteries, which are rechargeable batteries seen as critical to reducing the carbon emissions created by cars and other forms of transportation. Continue reading
Mar 28 WATCH: Senate votes to approve the 2022 America COMPETES Act By News Desk The Senate is expected to resume consideration of the 2022 America COMPETES Act on Monday. Continue reading
Mar 28 Biden budget proposes lower deficits while raising taxes on ultra wealthy By Josh Boak, Associated Press President Joe Biden is releasing a budget blueprint that tries to tell voters what the diverse and at times fractured Democratic Party stands for. Continue reading