President Biden’s proposed 2024 budget calls for top 39.6% tax rate
President Joe Biden is proposing higher taxes on wealthy Americans to help cover priorities like Medicare and Social Security in his 2024 budget.
Top tech analyst Mark Mahaney has a new top pick
The tech analyst made the Facebook-parent the No. 1 stock on his list, moving it up from No. 3 spot, citing a more positive outlook for the social media firm.
Mitch McConnell suffered concussion after fall, will stay in hospital for ‘a few days,’ his office says
McConnell, 81, is expected to remain hospitalized “for a few days of observation and treatment,” his spokesman said.
Biden budget includes $24 billion for conservation and protecting communities from climate disasters
A bulk of the spending goes toward cutting pollution, boosting disaster resilience, conservation and advancing clean energy innovation across the country.
California will not renew a $54 million contract with Walgreens over abortion pill policy
Gov. Gavin Newsom said California will “leverage our market power to defend the right to choose” as the state decided not to renew a contract with Walgreens.
Credit card debt is at an all-time high, putting households near ‘breaking point,’ study shows
Credit card debt hit a record $930.6 billion at the end of 2022, putting households’ finances near a projected breaking point, a new report finds.
Companies enhance benefits to help employees balance their work and caregiving demands
Women bear the burden of caregiving in the U.S., which affects the workforce. Companies are boosting care benefits to help retain and attract workers.
JPMorgan sues ex-senior banker Jes Staley over Jeffrey Epstein ties
The legal maneuver is the latest twist in cases that have embroiled the biggest U.S. bank by assets.
This under-the-radar biotech stock can surge 40% on upcoming cancer treatment data, Wells Fargo says
Upcoming clarity around the firm’s cancer treatment called cabozantinib could drive upside to estimates, the firm said.
