Fed Chair Jerome Powell Testifying to the Senate Banking Committee
Fed Chair Jerome Powell Testifying to the Senate Banking Committee
A new set of reforms to America’s retirement tax and savings plans passed a key hurdle in Congress last week. Variously known as the SECURE Act 2.0, the EARN Act and the RISE & SHINE Act, the measures will make changes to rules around IRAs, 401(k)s and other tax-privileged retirement plans. They barely address the biggest retirement crisis facing the U.S.
Senators are fuming over delays in delivering more than $5 billion in emergency global food aid that Congress approved a month ago.
Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live to discuss the pause on the FDA ban of Juul products, Altria's e-cigarette portfolio, and the outlook for tobacco producers.
Taiwanese semiconductor firm GlobalWafers joins Intel and TSMC in urging Congress to fund U.S. development.
It’s not unusual for governors to veto legislation. But no governor has used his veto pen with the same poise and purpose as Ron DeSantis. That purpose has not only been to occasionally do the right thing, but to show fellow Republicans in the Legislature who’s boss.
The manufacturer paid millions just for legal fees in the first three months of 2022 as it contests claims that a type of military earplug were defective. With hundreds of thousands of cases pending, a court ordered mediation starting next month.
Social-media companies are lobbying to stop a first-in-the-nation proposal allowing government attorneys to sue them for features alleged to cause addiction among minors.
California legislators on Monday approved Texas-style lawsuits over illegal guns, mimicking the Lone Star State's law aimed at deterring abortions and obliquely linking the two most controversial U.S. Supreme Court decisions from last week. The California bill would allow anyone to sue people who sell illegal firearms. Democratic Gov. Gavin Newsom sought the measure in part to tweak the conservative wing of the U.S. Supreme Court, which gave preliminary approval to the Texas law allowing citizens to sue anyone who provides or assists in providing an abortion.
The comedian drops a blunt fact-check on what "pro-life" really means.
This week, we'll be watching reactions to the Supreme Court's Roe v. Wade decision, as well as a high court decision on climate change regulation and a new development in the Theranos case.
Citing newly obtained evidence, the House Select Committee investigating the Jan. 6 assault on the U.S. Capitol has called a surprise hearing. The committee's next meeting wasn't supposed to happen until next month.
Cassidy Hutchinson, a onetime top aide to Donald Trump’s chief of staff testifying before the Jan. 6 panel, said the president was warned that members of the crowd attending his rally on Jan. 6, 2021, were heavily armed and still directed them to march toward the Capitol.
At the onset of the coronavirus pandemic, the American economy immediately fell into recession, with unemployment spiking to 14.8%, the highest since records began in 1948. In response, the U.S....
In an effort to improve Americans’ retirement security, Congress is working on the Secure Act 2.0 – but there’s more it can do, experts say. The House passed the Securing a Strong Retirement Act, and two Senate committees advanced their own legislative proposals focused on retirement savings – one from the Health, Education, Labor and Pensions Committee called the RISE & SHINE Act, and another from the Finance Committee called the EARN Act. Although it’s not yet clear how Congress will mesh these proposals into one, experts expect these ideas will come together to become the Secure Act 2.0.
The January 6 committee has announced an additional hearing set for Tuesday afternoon after they had previously delayed their next hearings to July. NBC's Sahil Kapur reports from Capitol Hill.
Commanders owner Daniel Snyder takes issue with the claim that he has refused to appear before the U.S. House Oversight & Reform Committee for a deposition. A spokesperson for Snyder issued a statement on Monday night. “Mr. Snyder has not refused to appear for a deposition,” the statement explains. “The Committee offered only one date [more]
The Biden administration is watching closely for states violating women's rights after the U.S. Supreme Court overturned the 1973 ruling that made abortion a constitutional right and plans to take aggressive legal actions, U.S. Health and Human Services (HHS) Secretary Xavier Becerra said on Tuesday. "If we see a state, for example, trying to deny a particular patient care in an emergency room, which could include abortion services if it is appropriate to preserve that woman's life or health, we will take action, and we will do everything we can," Becerra said at a news conference. HHS will work with the Justice Department to ensure states do not ban medication abortion despite it being approved by the U.S. Food and Drug Administration, Becerra said.
Congress has taken three giant steps toward beefing up retirement planning for Americans this year. A make-or-break step comes next.
Leaders of three French energy companies called on the French public Sunday to immediately reduce consumption of fuel, oil, electricity and gas amid shortages and soaring prices due to Russia’s supply cuts and the war in Ukraine.
The leaders of more than a dozen conservative groups wrote to top Republicans in the House on Tuesday, urging them to prioritize restrictions on abortions if the GOP retakes the majority in the House after the Supreme Court struck down the precedent of Roe v. Wade. The letter to House Minority Leader Kevin McCarthy (R-Calif.)…