Biden softening on infrastructure deal? & Facebook’s new data scandal
The Federal Reserve has calmed fears of inflation, but what other concerns does the United States central bank have? Former Federal Reserve insider Danielle DiMartino Booth offers her insight into the bank’s statements and where the US economy could be heading.
Plus, the Biden administration seems to have softened its push for an infrastructure deal, contradicting previous promises on taxing corporations. Boom Bust’s Christy Ai and Octavio Marenzi of Opimus LLC offer their predictions on the plan and how the world has reacted to the latest global corporate tax proposition.
Plus, yet another scandal is brewing for Facebook as the social media behemoth is under fire for concealing a major data hack from its users. Boom Bust’s Ben Swann takes a look at the developing situation and how the company is reacting.
And it’s no secret that the highest earners in the United States have seen their wealth grow massively during the pandemic, but what is the state of their income more than a year into Covid-19?
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