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4 mins read

Bryan Metzger,Kimberly Leonard   


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2 mins read

Biden wants to address the housing shortage. He just called a White House meeting with builders and labor unions.

The housing shortage in the US is causing home prices to surge, diminishing the possibility of home…

Ayelet Sheffey   


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4 mins read

Meet Brian Deese, Biden's pick to lead the National Economic Council, who has worked for both the Obama administration and BlackRock

Biden noted in a video that Deese will be the first NEC director who is a "true expert on climate p…

Inyoung Choi   


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2 mins read

Developers who want to build apartments near public transit stations are in luck as the Biden administration opens up billions in loans

Apartment construction is slowing as rates soar and a bunch of new housing hits the market. The adm…

Eliza Relman   


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3 mins read

The White House wants to entice Americans back to work by giving them more benefits

Lack of childcare is keeping people out of work, and Biden wants to fix that. Workers also want — y…

Jason Lalljee   


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2 mins read

White House chief of staff mocks Trump, says Biden is fulfilling promises the former president could not

White House chief of staff Ron Klain shared an article that listed various unfulfilled promises fro…

Alia Shoaib   


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2 mins read

Oil prices could trade above $120 next year - but extremely low diesel inventories pose an even bigger concern, top energy analyst says

On October 14, the EIA announced the US only had 25 days left of reserve diesel supply as inventori…

Phil Rosen   


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2 mins read

White House says its capital-gains tax hike will hit only those earning above $1 million to fund childcare and education

Brian Deese, director of the National Economic Council, said the last president who moved to equali…

Juliana Kaplan,Joseph Zeballo…   


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3 mins read

Big meat companies are making your grocery trip more expensive, not inflation, a White House report says

Prices for beef, pork, and chicken have skyrocketed in recent months. The White House thinks it's c…

Bartie Scott,Andy Kiersz   


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2 mins read

The US will end its COVID-19 testing requirement for people flying into the country as early as Sunday

The White House announced the change Friday, and a senior administration official told CNN the deci…

Dominick Reuter   


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3 mins read

A capital-gains-tax hike probably won't affect the stock market, experts say, but wealthy Americans are reportedly scrambling anyway

Only 0.3% of filers would be hit by an increase in the capital-gains-tax rate, the White House said.

Juliana Kaplan   


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2 mins read

As the White House lauds falling unemployment claims, a former Obama economist says benefits must stay in place to ensure a full recovery

The director of the National Economic Council said fiscal policy and vaccination helping the econom…

Juliana Kaplan   


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2 mins read

Jen Psaki says Biden 'believes that everyone should be held to the highest standard,' but Congress should decide its own stock-trading rules

Jen Psaki's comments come after Biden's economic advisor Brian Deese said a stock-trading ban for e…

Oma Seddiq,Bryan Metzger   


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3 mins read

Biden just released a plan to protect Americans' retirements and savings from the 2 main financial risks of the climate crisis

As the economy transitions away from carbon-focus infrastructure, Americans' investments could expe…

Ayelet Sheffey   


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2 mins read

10 major airlines have signed a letter warning of massive flight disruptions and supply-chain chaos as AT&T and Verizon plan to roll out 5G services

The carrier said the 5G services could disrupt multiple systems in widebody aircraft. The nations's…

Huileng Tan   


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1 min read

Biden will ask the Dept. of Education on his first day to extend the pause on federal student loan payments through the end of September

President-elect Joe Biden will ask the Dept. of Education to extend the pause on federal student lo…

Ayelet Sheffey   


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2 mins read

Biden plans to sign executive orders boosting workers' rights and pushing for a $15 minimum wage for federal staff

Biden is set to sign an order on Friday ensuring that people can still claim unemployment benefits …

Grace Dean   


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2 mins read

Biden White House has majority-female staff, narrowed gender pay gap to 1%

The Biden administration released an analysis in its annual report required by Congress to detail t…

John L. Dorman   


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2 mins read

Verizon and AT&T agree to delay launch of 5G service near airports after airlines warned of massive flight disruptions

Verizon and AT&T will delay rolling out 5G near airports after major airlines said deploying the se…

Sarah Jackson