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SACRAMENTO, Calif. (AP) — A company once owned by “Pharma Bro" Martin Shkreli will pay up to $40 million to settle allegations that it jacked up the price of a life-saving medication by roughly 4,000% after obtaining exclusive rights to the drug, the Federal Trade Commission announced Tuesday.

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WASHINGTON (AP) — President Joe Biden said Monday he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing his stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and revitalize the job market.

The bottom line is the American Jobs Plan and its tax provisions will not harm small businesses but instead, through bold infrastructure investments, will stimulate local economies and benefit small businesses that provide goods and services.The result will be the economic benefits the 2017 corporate tax cuts promised and failed to deliver.

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It’s been a year since the stock market took its Covid-19 tumble. From Feb. 19 to March 20, 2020—a span of 22 trading days—the S&P 500 fell 30%, the fastest decline ever. It’s hard to overstate how dramatic this market moment was, or how much panic was in the air. The horror of more than […]

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