U.S. stocks stand pat as Facebook leads earnings slate

Facebook led Wednesday’s earnings slate, while the Federal Reserve hinted that it could scale back its bond buys and D.C. lawmakers struck an infrastructure deal. Read...

Senate votes to advance bipartisan infrastructure bill as Democrats forge ahead with economic agenda

The Senate voted to move forward with a bipartisan infrastructure spending bill, which starts the process of debate and amendment.

New COVID cases are up 145% in the U.S.; see the states where cases are rising the fastest

Cases are surging everywhere due to the Delta variant. Read More

Instagram focuses on kids, as Facebook beats forecasts

Facebook’s Instagram is restricting marketers’ ability to reach younger users. Read More

Sharp dive for mortgage rates sets off new refinancing boom

Facebook beats, but warns of significant growth slowdown

Facebook’s results exceeded estimates as the company lapped the first full quarter of Covid impact, leading to the fastest revenue growth since 2016.

Fed holds rates near zero, says economy has gotten better even with pandemic worries

The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite concerns over the pandemic spread.

Google postpones return-to-work until October, will require vaccinations

It’s the second delay to office returns amid the ongoing Covid-19 pandemic.

Senators announce a bipartisan infrastructure deal, test vote could come as soon as Wednesday

Schumer tried once to advance the infrastructure bill, but disagreements over transportation funding and other issues held up the plan.

BlackRock’s Rieder says the Fed could begin tapering bond purchases in November

BlackRock’s Rick Rieder said there’s too much liquidity in global markets, and the Fed should begin to taper back its bond purchases soon.

U.S. wealth grew by $19 trillion during the pandemic — but mostly for the very rich

What Net Worth Do You Need to Retire?

TPG and Brookfield add billions to the climate-tech coffers

Green is the new black when it comes to investing in sustainability startups Read More

Elizabeth Warren makes fresh push for wealth tax – ‘Yes, Jeff Bezos, I’m looking at you’

Sen. Elizabeth Warren reignited her push for a tax on the accumulated wealth of the richest Americans by pointing at the Amazon founder.

Biden will require federal workers to get the Covid vaccine or submit to testing

The Biden administration will require federal workers to be vaccinated for the coronavirus or else submit to strict testing measures, NBC News reported.