Biden proposes 28 percent corporate tax to fund infrastructure
President Biden seeks a path forward with Republicans on infrastructure funding by raising the corporate tax to 28 percent from 21 percent and using IRS enforcement revenues, while Republicans balk at reversing Trump era tax cuts. White House officials say discussion aims to find a compromise path forward.
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Joe Biden
Biden
Donald Trump
Washington Post
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IndustryRankings Money Fund Data Reported
IndustryRankings compiles latest money fund data with figures from iMoneyNet Inc. The report highlights net asset inflows and fund performance metrics across major money market funds cited by iMoneyNet's industry data.
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Money Fund
iMoneyNet Inc
United aims to revive supersonic travel by 2029
United Airlines plans to buy 15 Boom Supersonic jets with option for 35 more once a faster than sound, safer, greener design is approved. The 88 seat plane could carry passengers to London from New York in about 3.5 hours and to Tokyo from San Francisco in six hours, with speeds up to 1.7 times the speed of sound.
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United Airlines
United
London
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San Francisco
British Airways
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Denver
Unemployment Claims Fall Amid Jobs Rebound
The Labor Department says initial unemployment claims declined to 385,000, a drop of 20,000, marking a fifth straight weekly decrease as the U.S. job market strengthens with reopening. May payrolls rose by 559,000, easing from April’s 278,000 but still below what firms need.
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U.S
Labor Department
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