BUSINESS

Some Democrats are balking at suggestions by the White House that they may have to drop their bid to revive their signature Child Tax Credit plan. One day after President…

Democrats in Congress are ramping up pressure on cryptocurrency firms to show that Bitcoin is worth the wattage, amid concerns that minting digital money has become an environmental disaster. Scrutiny…

The Securities and Exchange Commission Thursday rejected Anthony Scaramucci’s proposal to launch a Bitcoin-based investment fund, saying it would be too risky for investors. The proposal by Scaramucci — a…

President Joe Biden’s latest nominations to the Federal Reserve Board mark a major victory for lawmakers and other diversity advocates who have long pushed for new voices at the world’s…

Federal Reserve Vice Chair Richard Clarida announced Monday that he will step down from the central bank on Friday, two weeks earlier than his term was scheduled to end, in…

Americans can start filing their income tax returns Jan. 24, but existing backlogs and longstanding operational problems at the IRS, aggravated by the coronavirus pandemic, are likely to make for…

Democrats hope they can salvage pieces of their ambitious tax agenda even after Sen. Joe Manchin blew up the legislation that included it. This might be the best sign for…

The Federal Reserve on Wednesday said it will speed up the timeline for ending its extraordinary aid to the economy — a likely first step toward raising interest rates during…

President Joe Biden will nominate Sandra Thompson, currently the acting director of the Federal Housing Finance Agency, to a full term at the regulator, the White House announced Tuesday. If…

The White House on Friday defended three Democratic board members at the Federal Deposit Insurance Corp. who moved to wrest control away from the banking agency’s Republican chairman — a…