The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted in August. Here’s what it means for taxpayers.

Virgin Orbit CEO Dan Hart gave employees an update in an all-hands meeting on Thursday, according to audio obtained by CNBC.

Payment processor Stripe raised $6.5 billion, largely to provide liquidity to current and former employees, but at a sharply discounted $50 billion valuation.

Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding lifeline.

The funding of the consumer watchdog by the Federal Reserve is the key issue in the case that the Supreme Court has agreed to hear.

Bed Bath & Beyond has been on the verge of bankruptcy but bought some time with a public stock offering that’s expected to bring in more than $1 billion.

Tax season kicked off for individual filers on Monday with a bigger IRS customer service team and enhanced technology, according to Treasury officials.

Newly elected House Speaker Kevin McCarthy said he wants to “be the check and provide some balance” to President Joe Biden’s policies.

The bill provides $772.5 billion for discretionary programs and $858 billion in defense funding. It now goes to President Joe Biden to be signed into law.

Two changes to provide additional protections for pregnant and breastfeeding people will make a huge difference for low-wage workers, one advocate says.

The Senate passed a $1.7 trillion omnibus bill that funds all government agencies and the Pentagon for the next year. Now it heads to the House.

The measure gives lawmakers an additional week to negotiate and pass a comprehensive bill to fund federal agencies through the end of the fiscal year.

President Joe Biden intends to nominate Danny Werfel to become the next IRS Commissioner, overseeing the plan for the agency’s nearly $80 billion in funding.