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Increasing tax rates for the well-off has become a sticking point in negotiations over avoiding the combination of tax hikes and spending cuts scheduled to take effect Jan. 1. Business experts disagree about how much of an effect it would have on economic growth.

President Obama wants Congress to end certain tax breaks for the very wealthy. In response, Senate Democrats introduced legislation that would require those earning $1 million annually to pay no less than 30 percent in taxes. The bill faces Republican opposition, and is likely to be an election year issue.

But a top aide to Speaker Nancy Pelosi tweeted that she spoke to the treasury secretary Wednesday about a standalone measure to help airlines. A previous attempt to do this failed amid GOP opposition.

This $44 billion deal was finalized Thursday night. Soon after, Musk fired top executives, including the CEO. This comes after months of twists and turns –- many of which played out on Twitter.

The Biden campaign says the president is staying in the race for the White House, but as he isolates with COVID in Delaware, top Democrats are sharing concerns with him that he can't beat Trump.

Former President Donald Trump's company has been found guilty of all charges in a long-running tax fraud scheme. A New York Jury found the Trump Corporation guilty on a combined 17 counts.

Companies that sold or distributed opioid medications face huge legal, financial and public relations peril. Critics say shareholders, not CEOs, will pay the price.

Also on the list of 6,500 new Scrabble words: aji (the pepper), coqui (the frog) and the more old-fashioned ixnay and zowee. Or you could just say yeesh — if you've got the right tiles.

For the first time in five years, worldwide military spending is expected to go up, with China and Russia leading the way. The U.S. military budget is facing pressure, but the $600 billion in annual spending is roughly the same as the next 14 countries combined.

In Game 6 at the Warriors' Oracle Arena in Oakland, Calif., the Raptors pulled out a 114-110 win in a heart-stopping game that is destined to become an NBA classic.