Called the "American Families Plan," Biden's third major legislative proposal combines $1 trillion in spending with $800 billion in tax cuts and credits for middle- and lower-income families.

The speed and consistency of the economic recovery will depend on political stability and continued vaccination progress.

Shortages, bottlenecks, and a year-long bull market in commodities have input costs near a 13-year high. Compounded by a year's worth of pent-up demand, these trends are driving inflation in consumer goods prices.

Some oil majors will pay down debt, some will focus on returning cash to shareholders. All are expected to neglect capex, perhaps to the detriment of their business's long-term prospects.

Big Tech will find it harder to dodge Biden's plan because, if turned into law, it would close most of the loopholes left by Trump's 2017 legislation.

Bringing employees back to physical workspaces during a pandemic is uncharted territory, but employers have already learned a few things.

Market embraces ISDA pact to automatically substitute a replacement rate for hundreds of trillions of dollars worth of interest-rate swaps, futures, and options.

Don't miss the live panel discussion on May 5, 2021, at 12 noon ET—and get AFP recertification credits!