News and News

https://ift.tt/3EVgS3C Goldman Sachs Group Inc. raised its forecast for global crude oil prices due to supply disruptions in the Gulf of Mexico and signs of strengthening demand.

Oil will climb to $90 by year-end: Goldman Sachs Goldman Sachs Group Inc. raised its forecast for global crude oil prices due to supply disruptions in the Gulf of Mexico and signs of strengthening demand.

$3.5T spending package includes big money for 'tree equity,' bias training and more Among the most contentious provisions, the bill gives a substantial funding boost to the Internal Revenue Service, which stands to gain an additional $78.94 billion over the next 10 years. The money would help the IRS strengthen tax enforcement activities, expand audits and modernize its technology. An additional $410 million would go to IRS oversight.

Biden doesn't take sides, touts infrastructure bill and reconciliation, as House Dems try to reach deal The White House says Congress needs to come to an agreement on both the infrastructure bill and reconciliation bill this week.

Sen. Tuberville on reconciliation bill: Democrat's think it’s ‘play money’ Sen. Tommy Tuberville, R-Ala., weighs in on ongoing spending negotiations on Capitol Hill.

House begins debate on infrastructure bill Monday, but unclear if it can pass amid deep Democratic divides House Speaker Nancy Pelosi plans to vote on the bipartisan infrastructure bill by Thursday, but as of Monday it does not have the votes to pass.

YouTube CEO won't say if it removed Russian opposition leader's video at request of Putin YouTube CEO Susan Wojcicki won’t say definitively whether the company took down material from leading Kremlin critic Alexei Navalny at the request of Russian President Vladimir Putin ahead of the country’s elections.

https://ift.tt/2WfPDPL U.S. stock futures ticked higher ahead of data that are expected to show rising demand for durable goods.

https://ift.tt/3kLouNW Asian shares were mixed Monday, as fears of further waves of coronavirus outbreaks clouded the economic outlook for the region, tempering gains.

https://ift.tt/2WdQ1hG House Speaker Nancy Pelosi told House Democrats in a letter Sunday night to fellow Democrats that the $1 trillion infrastructure bill will be voted on Thursday after doing her best Joe Namath imitation by guaranteeing that the bill will be passed.

https://ift.tt/39FK14E President Biden and first lady Jill Biden saved up to $500,000 by routing $13 million they received in book sales and speeches in 2017 and 2018 through S corporations, according to a Congressional Research Service report, which drew criticism by at least one Republican.

https://ift.tt/3kL3xmC The World Health Organization is reviving its stalled investigation into the origins of the Covid-19 virus as agency officials warn that time is running out to determine if the pandemic began in Wuhan, China, or somewhere else.

Pelosi strikes confident tone on infrastructure, says she ‘never’ brings bill to floor without the votes House Speaker Nancy Pelosi told House Democrats in a letter Sunday night to fellow Democrats that the $1 trillion infrastructure bill will be voted on Thursday after doing her best Joe Namath imitation by guaranteeing that the bill will be passed.

‘Multimillionaire’ Biden’s use of ‘S corporations’ draws scrutiny by Republican who sees hypocrisy President Biden and first lady Jill Biden saved up to $500,000 by routing $13 million they received in book sales and speeches in 2017 and 2018 through S corporations, according to a Congressional Research Service report, which drew criticism by at least one Republican.

WHO seeks to revive stalled inquiry into origins of Covid-19 with new team The World Health Organization is reviving its stalled investigation into the origins of the Covid-19 virus as agency officials warn that time is running out to determine if the pandemic began in Wuhan, China, or somewhere else.

Debt-limit standoff could force fed to revisit emergency playbook If a political standoff in Congress fails to raise the federal debt limit, the Fed could utilize a crisis-management playbook Federal Reserve officials created years ago to continue paying its bills.

https://ift.tt/3m0cWWK Chinese technology giants have seized on a new legal tactic to fight claims of intellectual property theft, raising concerns in the U.S. that Beijing’s promises to strictly enforce patent and copyright laws will be undermined by Chinese courts.

Germany Elections: Social Democrats hold narrow lead in exit polling Germany’s center-left Social Democrats and outgoing Chancellor Angela Merkel’s center-right bloc both laid claim Sunday to lead the country’s next government as projections showed the long-time leader’s party heading for its worst-ever result in a national election.

https://ift.tt/3CRm470 If a political standoff in Congress fails to raise the federal debt limit, the Fed could utilize a crisis-management playbook Federal Reserve officials created years ago to continue paying its bills.

FedEx employee out after posting TikTok rant vowing not to deliver to homes supportive of Biden, BLM or Harris A former FedEx employee is out of a job after posting a profanity-laced rant on TikTok in which he vowed never to deliver packages to the homes of people who support President Joe Biden, Vice President Kamala Harris or Black Lives Matter.