Biden will propose extending the strengthened $3,600-per-child child tax credit only to 2025. After that year, the increased benefit amounts would fall to $1,000 if Congress doesn’t act. Republicans are unlikely to support the measure, given its price tag is likely above $1 trillion. See more stories on Insider’s business page. President Joe Biden is set to propose a $1.8 […]

Germany's largest lender followed in the footsteps of many of its Wall Street rivals in posting a substantial earnings beat. The bank has also largely avoided the fallout from collapsed U.S. hedge fund Archegos Capital which saw UBS, Credit Suisse and several others take significant hits in the first quarter. LONDON — Deutsche Bank on Wednesday reported a 908 million […]

In the most literal sense, NCAA president Mark Emmert’s contract was extended by just two years Tuesday, a nugget of information buried under the heading “Other business” in a late evening news release about the NCAA’s Board of Governors meeting earlier in the day.  But symbolically, the college presidents who approved the contract might as well have made Emmert king […]

The CDC relaxed mask guidance for fully vaccinated people Tuesday, saying they can do things like exercise and attend small gatherings outdoors without wearing a face mask. “I think the President made the right point today, which is that guidance today is not about politics, it's a data-driven recommendation that is based on how we see these vaccines behaving in […]

Washington (CNN)Republican members of Congress, Fox News personalities and other prominent right-wing figures are falsely claiming that President Joe Biden is trying to force Americans to eat far less red meat. “Joe Biden’s climate plan includes cutting 90% of red meat from our diets by 2030. They want to limit us to about four pounds a year. Why doesn’t Joe […]

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Activision Blizzard: "Activision Blizzard is a good company and I'm a buyer." Coty: "I think Coty's making a comeback. I actually like the perfume carrier, but if I'm going to recommend Coty, it […]

Like regular Treasury bonds, TIPS are issued and backed by the U.S. government. Your principal gets adjusted to reflect inflation, which can help you keep up with rising prices. That benefit may be best used in meeting short-term goals vs. those years off. Retirees concerned about inflation eroding the value of their money may want to consider hedging against the […]

(Reuters) – Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights. Electric-car maker Tesla Inc dropped 4.5% after its quarterly results late on Monday fell short of some investors’ expectations, with its revenue […]

MILAN — “Digital, physical and magical” is one way to describe modern retail, according to Michael Ward, managing director of Harrods, speaking at the virtual Altagamma Retail Insight 2021 conference on Tuesday. The acceleration of the digital revolution in the wake of the COVID-19 pandemic was among the key topics and “not neutral from a strategic point of view.” On […]