Child tax credit may plunge to $1,000 from $3,600 per kid after 2025

Parents can currently get a child tax credit of up to $3,000 per child under 18 years old, and $3,600 for kids under age 6. That value is poised to drop to $1,000 per kid after 2025. The current version of Democrats' Build Back Better Act would only extend the current credit for another year, […]

Prices will remain high until the Covid pandemic is over, deputy Treasury secretary says

The Covid pandemic, supply chain issues and inflation are challenges facing the Biden administration currently. Only 41% of voters approve of Biden, according to the latest Washington Post/ABC survey released on Sunday, continuing a downward trend in the president's ratings. Deputy Treasury Secretary Wally Adeyemo said high prices would moderate once the pandemic was "fully […]

New York's incoming mayor says crypto should be taught in schools

New York City mayor-elect Eric Adams thinks that schools should add cryptocurrency and blockchain technology to the curriculum. In an interview with CNN's "State of the Union," Eric Adams said that bitcoin is the "new way of paying for goods and services throughout the entire globe" and that schools "must" teach the technology behind it. […]

Investors are piling into infrastructure stocks after House passes Biden plan

Stocks tied to infrastructure moved higher on Monday morning after the House of Representatives passed a $1 trillion bill over the weekend, giving President Joe Biden one of his signature achievements and rewarding investors who bet on his plan. The strength for those infrastructure stocks showed up in the Global X US Infrastructure Investment ETF, […]

Alaska Airlines tells employees they must get Covid vaccinations under federal rules

Alaska Airlines told its 22,000 employees that the carrier's work as a government contractor means they must be vaccinated against Covid-19 because of new federal rules. Alaska doesn't currently mandate its employees be vaccinated but offers $200 to staff who share proof of full vaccination with the company. A "significant majority" of Alaska's staff is […]