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(Reuters) - The climate, healthcare and tax bill passed by the U.S. Senate over the weekend could shave corporate earnings slightly and trigger a rush. ....
Happy Monday and welcome to what promises to be a critical week for Congress. After Sen. Joe Manchin (D-WV) once again balked at quickly passing a climate, energy and tax package, Democrats are set to move ahead with a narrower budget reconciliation bill focused on health care. As we wait for baseball’s Home Run Derby and the new Derek Jeter docuseries tonight, here’s a look at the fallout from Manchin’s change of mind and the latest legislative maneuverings. ....
Lawmakers and regulators alike appear increasingly unlikely to make significant progress in crypto policy before autumn, frustrating analysts and advocates alike. ....
The results of the Fed's annual "stress test" exercise showed the banks have enough capital to to weather a severe economic downturn and paves the way for them to issue share buybacks and pay dividends. ....