President Biden will unveil his $2 trillion infrastructure plan today – here are the details
President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra
Apple, Tesla Trigger Wall Street Dreams of $3 Trillion Valuation
-- A growing chorus of Wall Street professionals is predicting that electric and autonomous vehicles sales will propel Apple Inc. and Tesla Inc. to $3 trillion each in market value by 2030.The blockbuster targets come as shares of both companies -- though two of the most popular in the S&P 500 index -- have slumped this year and are lagging the benchmark’s 5% rise. That hasn’t dented the enthusiasm of a handful of analysts and investors betting big on the future of driver-less cars.Wood was the