Economy

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GOP leadership on Wednesday hinted that a child tax credit, pushed by Republican Sens. Marco Rubio of Florida and Mike Lee of Utah, will make it into a final tax bill. (AP Photo/J. Scott Applewhite, File)

Child tax credit will be expanded in final bill, Sen. Mike Lee says

By Joseph Lawler |
In question, though, would be how Republicans could extend the credit to more families without breaking the tax cut limit they placed on the...

Janet Yellen: Bitcoin is a 'highly speculative asset'

By Pete Kasperowicz |

"It is not a stable store of value, and it doesn't constitute legal tender."

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Fed goes through with third interest rate hike of the year

By Joseph Lawler |

Wednesday’s announcement caps the central bank’s efforts this year to move its monetary policy away from crisis-era emergency stimulus effor...

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GOP eyes lower top individual rate, higher corporate rate in tax bill

By Joseph Lawler |

Republicans are weighing a lower top individual rate to provide relief to high-income taxpayers losing state and local tax deductions.

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