Manchin’s Permitting Side Deal Highlights The Energy Transition’s Central Conundrum

WASHINGTON, DC – AUGUST 16: Sen. Joe Manchin (D-WV) looks to Senate Majority Leader Chuck Schumer … [+] (D-NY) after U.S. President Joe Biden signs The Inflation Reduction Act in the State...

Wayfair Laying Off 870 Employees—Here Are The Major U.S. Job Cuts Amid Growing Recession Fears

Furniture retailer Wayfair cut 870 jobs Friday—one of the largest corporate layoffs this summer—as major U.S. companies fear soaring inflation could tip the economy into a recession. Aug. 19, 2022Bost...

What stock buybacks are, and how a new 1% tax affects your portfolio

U.S. President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% excise tax on cor...

Most Voters Don’t Believe Democrats’ Inflation Reduction Act Will Actually Alleviate Inflation, Poll Suggests

Topline Most voters don’t think the Inflation Reduction Act, signed into law by President Joe Biden Tuesday, will actually help address inflation, a new poll from Morning Consult suggests, finding som...

Inflation Reduction Act to cap costs for Medicare patients on insulin

The Good Brigade | Digitalvision | Getty Images A new legislative package signed into law by President Joe Biden on Tuesday is a big win for Medicare patients who struggle to cover the cost of insulin...

Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate

After more than a year of debate over costs, taxes, tax credits and regulations, President Joe Biden finally signed his sweeping tax, health and climate bill into law — albeit a significantly reduced ...

IRS interest jumps on Oct. 1. How much you’ll get for a missing refund

How to calculate your interest The interest is an annual rate compounded daily, meaning you divide the 6% rate by 365, explained Tommy Lucas, a certified financial planner and enrolled agent at Moisan...

Investors flock to green energy funds as Congress passes climate bill

The expansion of renewables comes at a time when concerns about the speed of the planet’s shift away from fossil fuels have been heightened following Russia’s invasion of Ukraine. Imaginim...

Fewer Americans Worried How Climate Change Affects Them, Poll Suggests

Topline The percentage of Americans who are highly concerned about how climate change affects their lives has slipped since 2019, according to an Associated Press-NORC Center for Public Affairs Resear...

House Passes Democrats’ Ambitious $430 Billion Climate And Health Bill

Topline The House of Representatives voted 220-207 to approve the $437 billion Inflation Reduction Act on Friday after months of torturous negotiations among Senate Democrats that finally resulted in ...

Passage of Inflation Reduction Act gives Medicare historic new powers

A pharmacist collects medications for prescriptions at a pharmacy. Simon Dawson | Bloomberg | Getty Images Medicare is poised to renegotiate the prices of some of its most expensive drugs through a hi...

Peloton Laying Off 800 Employees — Here Are The Major U.S. Job Cuts As Recession Fears Grow

Peloton Interactive plans to eliminate almost 800 jobs, it said Friday — the at-home stationary bike company’s second round of job cuts this year— making it the latest major U.S. company to shed worke...

Biden senior advisor Anita Dunn has to divest investment portfolio to avoid conflict

White House senior advisor Anita Dunn is being forced to divest an investment portfolio worth an estimated $16.8 million to $48.2 million that ethics attorneys say poses significant conflicts of inter...

DOJ plans to retry Philip Esformes despite Trump commuting sentence

Philanthropist Philip Esformes attends the 15th annual Harold & Carole Pump Foundation gala at the Hyatt Regency Century Plaza on August 7, 2015 in Century City, California. Tiffany Rose | Getty I...

Georgia Shows Contrasting Direction Of Federal & State Tax Burdens

Senator Raphael Warnock bumps elbows with Stacey Abrams during a campaign rally with U.S. … [+] President-elect Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images While Congress is gett...

Curing Cancer Takes A Global Village: Cancer Moonshot Pathways

BeiGene CEO John Oyler BeiGene Note: President Joe Biden in February launched a “Cancer Moonshot” initiative that aims to reduce the death rate from cancer by 50% in the next 25 years. This is a part ...

Justice Department asks to unseal Trump raid search warrant

Attorney General Merrick Garland said the Justice Department asked a federal judge Thursday to unseal a search warrant that was used by FBI agents to raid the Florida home of former President Donald T...

Social Justice, Outreach, Global Collaboration: Cancer Moonshot Pathways

Greg Simon served as executive director White House Cancer Task Force in 2016. (Photo from 2016 by … [+] Marvin Joseph/The Washington Post via Getty Images) The Washington Post via Getty Images ...

Inflation Reduction Act EV tax credits could hurt sales

Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV ow...

Stock Buyback Tax Will Harm State & Local Pensions

US President Joe Biden speaks at the 29th AFL-CIO Quadrennial Constitutional Convention at the … [+] Pennsylvania Convention Center in Philadelphia on June 14, 2022. (Photo by Nicholas Kamm / AF...

Close The Gap Between Discovery Research And Patient Care: Cancer Moonshot Pathways

“New, transformative technologies will improve and simplify screening and we should prioritize these … [+] advancement efforts” Andrea Myers Note: President Joe Biden in February lau...

Landmark Climate Bill Could Help Boost Struggling Nuclear Plants—Here’s Why

Topline Nuclear plants could see their bottom lines improve thanks to a new tax credit in the massive climate, health care and deficit reduction package passed by the Senate this weekend—a potential l...

Accelerate Cures Through International Collaboration In Clinical Trials: Cancer Moonshot Pathways

Dr. Nancy Lee Memorial Sloan Kettering Cancer Center Note: President Joe Biden in February launched a “Cancer Moonshot” initiative that aims to reduce the death rate from cancer by 50% in the next 25 ...

Large Indiana employers Eli Lilly and Cummins speak out about the state’s new restrictive abortion law

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Drugmaker Eli Lilly, one of the biggest emplo...

STD clinics struggle with surge in patients amid outbreak

Dr. Emily Drwiega from the University of Illinois Health and Maggie Butler, a registered nurse, prepare monkeypox vaccines at the Test Positive Aware Network nonprofit clinic in Chicago, Illinois, Jul...

Meet The Scientist Coordinating Joe Biden’s New Cancer Moonshot

Dr. Danielle Carnival, White House Cancer Moonshot Coordinator, speaks at the Call-on … [+] Congress-United in Blue rally and installation on the National Mall for Colorectal Cancer Awareness Mo...

Is the economy in a recession? Top economists weigh in

‘We should have an objective definition’ Officially, the NBER defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than...

Does the Inflation Reduction Act violate Biden’s $400,000 tax pledge?

Jim Watson | Afp | Getty Images Senate Democrats’ package of climate change, health-care, drug pricing and tax measures unveiled last week has proponents and opponents debating whether the legis...

Kansas abortion rights vote helps Democrats, Schumer says

Erin Woods for the Vote No on the Constitutional Amendment on Abortion canvases a neighborhood on August 01, 2022 in Lenexa, Kansas. Kyle Rivas | Getty Images Senate Majority Leader Chuck Schumer and ...

OPEC+ Quotas And Seinfeld Car Rentals

JEDDAH, SAUDI ARABIA – JULY 15 US President Joe Biden (L) being welcomed by Saudi Arabian Crown … [+] Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July...

Biden Will Issue Second Executive Order To Protect Abortion Rights

Topline President Joe Biden on Wednesday outlined an executive order to protect access to abortions—his second such order since the Supreme Court overturned Roe v. Wade—in a move that primarily seeks ...

Americans Are Split Along Party, Age Lines

Topline A narrow majority of Americans support President Joe Biden’s reported plan to forgive $10,000 in federal student loan debt for most borrowers, according to recent polling – though that support...