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Money & Markets

American industrial icon US Steel is on the verge of being absorbed

With two bidders revealed in a matter of days and more in the wings, United States Steel Corp. — a symbol of American industrialization that for more than a century helped build everything from the United Nations building in New York City to the New Orleans Superdome — appears be on the ...

IRS aims to go paperless by 2025 as part of its campaign to conquer paperwork

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season as the agency aims to go completely paperless by 2025. The effort to reduce the exorbitant load of paperwork that has plagued the agency — dubbed the “paperless ...

President Biden pledges all US will have access to high speed internet by 2030

WASHINGTON — President Joe Biden on Monday said that high-speed internet is no longer a luxury but an “absolute necessity,” as he pledged that every household in the nation would have access by 2030 using cables made in the U.S. “These investments will help all Americans,” he said. ...

The S&P 500 is in a bull market. Here’s what that means

The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20 percentor more from its most recent low. Here are some answers to questions about bull and bear markets: WHY IT IS CALLED A BULL MARKET? Wall Street’s nickname for a surging stock market ...