WSJ News Exclusive | Fed Chair Powell Seen Visiting White House on Thursday
Federal Reserve Chairman Jerome Powell was seen visiting the White House on Thursday, according to people familiar with the matter....
Domestic Politics
IRS Boosts 401(k) Contribution Annual Cap to $20,500
WASHINGTON—Workers will be able to set aside up to $20,500 in their 401(k) accounts in 2022, up $1,000 from this...
Google to Pursue Pentagon Cloud-Computing Contract
Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid...
Fed Dials Back Bond Purchases, Plots End to Stimulus by June
The central bank approved plans to begin scaling back its bond-buying stimulus program this month and end it by June,...
How the Financial Sector Is Addressing Climate Change—And Why It Matters
The organizations that lend, invest and regulate the world’s money are taking on climate change. There was a flurry of...
Ai Weiwei Traces a Century of Making Authorities Squirm
Artist-provocateur Ai Weiwei became world famous mocking Chinese icons—dynastic artifacts, Tiananmen Square, Beijing’s Olympics—and has spent time in detention for his...
Democrats Drop Paid Leave From $1.75 Trillion Proposal
WASHINGTON—Democrats abandoned plans to include a paid-leave program in their healthcare, education and climate-change bill, according to people familiar with...
Corporate Minimum Tax Resurfaces as Democrats Hunt for Money
WASHINGTON—Senate Democrats announced a 15% minimum tax on large companies’ income on Tuesday, winning support from a key moderate lawmaker,...
Tax Proposals Hit Headwinds as Democrats Try to Finalize Social Spending Deal
WASHINGTON—An 11th-hour push by Democrats to fund their social-spending and climate bill faltered, with a proposed tax on billionaires’ unrealized...
Trump’s Social-Media Platform Joins Crowded Conservative Media Field
Former President Donald Trump’s planned digital-media venture could quickly become a serious competitor in a crowded field of right-leaning sites...
Democrats Explore Tax on Billionaires to Help Fund $2 Trillion Package
WASHINGTON—Democrats worked Friday to resolve disagreements over tax increases and expanded healthcare coverage in their roughly $2 trillion social policy...
Fed’s Quarles Says More Fiscal Stimulus Could Let Transitory Inflation Continue Too Long
A top Federal Reserve official said he expected elevated inflation pressures to decline without requiring a more aggressive response by...
Democrats Try to Salvage IRS Bank-Account Reporting With Scaled-Back Plan
Democrats scaled back a proposal that would require banks to send more information about customers’ accounts to the IRS in...
WSJ News Exclusive | Chinese Telecom Giant ZTE in Dispute With U.S. Court-Appointed Monitor
WASHINGTON—China’s ZTE Corp. ZTCOY 0.15% in 2017 agreed to the oversight of an independent monitor when it pleaded guilty to...
House Approves Extension of Debt Ceiling Into December
WASHINGTON—The House on Tuesday voted along party lines to raise the U.S. borrowing limit into December, as Democratic lawmakers wrestled...
U.S. Household Income Jumped in July as Spending Growth Slowed
U.S. household income rose rapidly last month as the government handed out enhanced tax breaks for parents, priming the economy...
House Passes $3.5 Trillion Budget Blueprint, Sets Deadline for Infrastructure Bill
WASHINGTON—The House narrowly passed a measure approving a $3.5 trillion budget blueprint and locking in a late September vote on...
Intel Lands Pentagon Deal to Support Domestic Chip Making
Intel Corp. said it would provide commercial foundry services in the first phase of a broader Defense Department program that...
Real-Estate Interests Ask Supreme Court to Block Biden’s Eviction Moratorium
WASHINGTON—A group of property managers and real-estate agents asked the Supreme Court to block the Biden administration’s new eviction moratorium...
Iraqi Lawmakers Call for Probe Into GE, Siemens Electricity Contracts
Members of an Iraqi parliamentary commission are calling for an investigation into large power-generation contracts struck with General Electric Co....
