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Daily Market Insight

Biden urges employers to boost wages, get people vaccinated

President Joe Biden on Monday urged U.S. companies to help workers gain access to vaccines and to raise their pay while touting an infusion of $350 billion in federal aid to state and local governments, saying that will help more parents obtain child care and return to work.

11 May 2021

Tough U.S. jobs report shows Biden's rocky road to full economic recovery

President Joe Biden reacted on Friday to a disappointing April jobs report by saying the U.S. economy has a "long way to go" before recovering from its pandemic slump, and he urged Washington to do more to help the American people.

10 May 2021

Biden willing to accept 25% corporate tax rate to fund spending programs

President Joe Biden said a corporate tax rate between 25% and 28% could help pay for badly needed infrastructure, suggesting he could accept a lower rate than what he has proposed in his search for Republican support for the funding.

7 May 2021