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Social spending, business tax hike drive $6T Biden budget

17 days ago   |   By Stl Today

WASHINGTON - President Joe Biden's $6 trillion budget proposal for next year would run a $1.8 trillion federal government deficit despite a raft of new tax increases on corporations and high-income people designed to pay for his ambitious spending...
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Stocks jump, crypto slumps as markets brace for a mammoth Biden budget plan

Stocks jump, crypto slumps as markets brace for a mammoth Biden budget plan

17 days ago   |   By Fortune

Bitcoin is off 8% on Friday, and Ethereum is down even more.
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What You Need To Know About Biden's Budget

17 days ago   |   By NPR

Biden plans to unveil a budget Friday showing a huge expansion of spending. NPR's Steve Inskeep talks to Maya MacGuineas of the Committee for a Responsible Federal Budget about what we know.
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For over 35 years, Rosanna Durruthy has advocated for a more inclusive...

Rosanna Durruthy, LinkedIn's head of DEI, wants companies to prioritize inclusion as much as they prioritize diversity. LinkedIn For Pride Month, Insider interviewed Rosanna... Read more ...

New meme stock Corsair Gaming jumps 33% amid surging interest from Reddit...

New meme stock Corsair Gaming jumps 33% amid surging interest from Reddit traders

Summary List Placement A new meme stock is making the rounds on Wall Street Bets, surpassing mainstays such as GameStop and AMC Entertainment as the forums most-discussed... Read more ...

YouTube is banning ads for politics, alcohol, gambling, and prescription...

YouTube is banning ads for politics, alcohol, gambling, and prescription drugs from its highly visible homepage banner

Summary List Placement YouTube is banning advertisements about a handful of topics from its highly visible masthead ad unit. Political and election ads will no longer be... Read more ...

Morgan Stanley is doubling down on its wealth business, and its co-president...

Morgan Stanley is doubling down on its wealth business, and its co-president says client assets could swell by more than 50%, topping $7 trillion

Summary List Placement Morgan Stanley's wealth management unit could add some $3 trillion in client assets in the next five years as the business adds new ways of reaching... Read more ...

Washington Prime Group, a mall owner with more than 100 shopping centers...

Washington Prime Group, a mall owner with more than 100 shopping centers across the US, has filed for Chapter 11 bankruptcy

Summary List Placement Washington Prime Group, a mall owner operating roughly 100 locations across the US, has filed for Chapter 11 bankruptcy protection. The company will... Read more ...

Biden promised to reform a student loan forgiveness program that's still...

Biden promised to reform a student loan forgiveness program that's still rejecting 98% of applicants

Summary List Placement President Joe Biden campaigned on reforming the Public Service Loan Forgiveness program, which has been under fire for years for rejecting the vast... Read more ...

NYC rent is still pretty cheap, and it's luring New Yorkers back to the city

Returning New Yorkers are taking advantage of affordable city rent. Alexi Rosenfeld/Getty Images Returning New Yorkers are locking in long-term leases at steep discounts. It's... Read more ...

New meme stock Corsair Gaming jumps 33% amid surging interest from Reddit...

Omar Marques/SOPA Images/LightRocket via Getty Images Corsair Gaming has soared to the top of Wall Street Bets' most mentioned stocks. Shares of the computer hardware company... Read more ...

Nearly 90% of cryptocurrency investors surveyed say they weren't scared away...

Nearly 90% of cryptocurrency investors surveyed say they weren't scared away by May's brutal selloff and are planning to buy more

Summary List Placement The recent selloff that wiped out more than 20% of the cryptocurrency market's valuation appears to have emboldened buyers to invest even more in digital... Read more ...

AI is getting smarter every day, but it still can't match the human mind

Guy Perelmuter explores the challenges of using artificial intelligence in situations that require complex thought and nuance-like, for instance, war. Artificial intelligence... Read more ...