President Joe Biden announced plans to increase taxes on big corporations and wealthy Americans during his State of the Union address on Thursday night.
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- FTX Founder Sam Bankman-Fried Could Get Over 100 Years in Prison After Cryptocurrency Fraud Case
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- Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US
The euro zone's struggle to avoid another recession will take center stage in the coming week in the absence of major U.S. data, as investors mull whether the ECB's new asset-buying plan is a prelude to even more radical steps.
A majority of Wall Street's top bond firms see the Federal Reserve starting to raise interest rates by the second quarter of next year, showing slightly more aggressive expectations compared with a month ago, a Reuters survey showed on Friday.
Troubled delivery service US Postal Service said it is hoping the surge in 2013's holiday online shopping and gift-sending would generate more revenue for the company through its partnership with Amazon.com and Sunday package deliveries.
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