“While there isn’t mark-to-market billionaires’ tax, I think it’s been agreed that individuals earning high incomes” will pay more, Yellen told CNBC on Friday. Read More
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Back to news homePending home sales fell unexpectedly in September, likely due to higher mortgage rates
Pending home sales fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors. Read More
Moderna says FDA needs more time to review its Covid vaccine for teens
Moderna said the FDA needs more time to complete its review of its Covid-19 vaccine for 12-to-17-year-olds before granting emergency use authorization. Read More
The Supreme Court is set to hear arguments in major cases on abortion and guns. Here’s what to know
Abortion and guns are front and center as the Supreme Court heads back to the bench to hear oral arguments in some of the term’s highest-profile cases. Read More
Here are the 3 big ways Democrats’ social plan would expand health coverage
The $1.75 trillion framework issued Thursday would expand insurance subsidies, add Medicare hearing coverage and improve access to homecare. Read More
Top Wall Street analysts see upside in these stocks as earnings continues
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Tesla & AMD Read More
Exxon posts highest quarterly profit in years, but revenue disappoints
Exxon topped earnings expectations during the third quarter of 2021, but revenue came up short of estimates. Read More
‘Venom 2,’ ‘No Time to Die’ fueled October ticket sales, leading to best box office month of 2021
October had the best ticket sale haul at the domestic box office of any month in 2021. Read More
Amazon-backed wind farm in Scotland begins operations
The last few years have seen a number of major firms strike power purchase agreements to buy renewable energy. Read More
Two of the biggest bitcoin mining companies in the world are battling it out in a Texas town of 5,600 people
Two of the biggest names in bitcoin mining are battling it out for market share in Rockdale, Texas. Read More