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Wyoming backs coal with $1.2M threat to sue other states

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CHEYENNE, Wyo. — While most states pursue ways to boost renewable energy, Wyoming is doing the opposite with a new program aimed at propping...

Yellen: Biden’s phased-in spending plan won’t fuel inflation

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WASHINGTON — President Joe Biden’s massive proposed spending on infrastructure, families and education will not fuel inflation because the plans would be phased in...

States see potential federal windfall, go slow on road taxes

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JEFFERSON CITY, Mo. — Raising state taxes to improve roads and bridges is one of the few things many Republican and Democratic lawmakers have...

Key piece of Biden’s $1.8T families plan expires after 2025

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WASHINGTON — President Joe Biden couldn’t get everything he wanted into his own $1.8 trillion families plan. ...

Officials in Switzerland push back at Biden ‘tax haven’ barb

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GENEVA — Swiss authorities are taking issue with U.S. President Joe Biden's comment that many companies use Switzerland, and two other territories, as tax...

Biden’s corporate tax plan takes aim at income inequality

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WASHINGTON — From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and...

A look at how US corporations manage the tax system

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WASHINGTON — As American corporations have generated an ever-smaller share of federal tax revenue, the burden has fallen more heavily on individuals, through the...

UK government facing mounting criticism over aid budget cuts

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LONDON — The British government faced mounting criticism Wednesday over its planned cuts to overseas aid spending as leaked details point to big reductions...

Explainer: Capital gains tax hike targets wealthy investors

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NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way,...

Polish govt, unions initial plan to phase out coal by 2049

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WARSAW, Poland — The government of Poland, a country heavily reliant on coal, initialed an agreement with the coal mining industry Wednesday to phase...