President Joe Biden unveiled a more than 2 trillion infrastructure package on Wednesday as his administration shifts its focus to bolstering the postpandemic economy. The plan Biden outlined Wednesday includes roughly 2 trillion in spending over eight years and would raise the corporate tax rate to 28 to fund it. Speaking at a union hall […]

Asias factories stepped up production in March as a solid recovery in global demand helped manufacturers move past the setbacks of the pandemic, although rising costs are creating new challenges for businesses in the region. A series of upbeat factory surveys released on Thursday reinforce market optimism that vaccine rollouts, as well as strong growth […]

The dollar held near a multimonth high against other major currencies on Thursday as investors bet fiscal stimulus and aggressive vaccinations will help the United States grow faster than other economies. The dollars index against a basket of six major currencies stood at 93.239, close to a fivemonth high of 93.439 reached on Wednesday. The […]