Biden is expected to announce the program tomorrow. Depending on the amount forgiven and income limits, it may cost the federal government between $300 billion and $980 billion.
European markets watchdog finds that investors are misinterpreting the existing disclosure framework, wrongly assuming it indicates how well certain funds are performing on the ESG front.
With the additional funding it's allotted in Democrats' $437 billion tax-and-climate bill, the agency will modernize systems and target tax cheats earning over $400,000 a year.
Decentralized-finance protocols, especially cross-chain bridges used to transfer tokens across blockchains, have emerged as one of crypto's weakest links after several large hacks this year.
Still, manufacturing has moderated and risks further loss of momentum as businesses contend with an inventory overhang and an easing in domestic demand for goods.
