President Obama wants to expand an existing tax credit for child care and create a new one for families with two working spouses. He also wants to make two years of community college free and expand access to retirement savings programs.
The most high-level U.S. delegation to visit Cuba in 35 years is in Havana for two days of talks. The meetings follow the historic thaw in relations announced simultaneously last month by President Obama and President Raul Castro. The focus of the talks will be migration and the nuts and bolts of restoring diplomatic ties.
Standard & Poor's has agreed to pay fines of nearly $80 million to settle charges that it changed the way it was rating securities in a bid to win business, but didn't bother to tell investors. The firm also agreed to a one year ban on rating certain kinds of securities. A separate Justice Department investigation is still underway.
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