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Facebook Inc. shares rose 6% in extended trading Wednesday, to what would be a record high if gains hold up in Thursday’s regular session, after it announced better-than-expected first-quarter results.

Here are five things we learned from Fed Chairman Jerome Powell on Wednesday.

For an administration that wants to rebuild an economy with 21st century priorities, increasing investment should be at the top of the list

Apple Inc. continued its hot streak Wednesday, posting better-than-expected revenue across all of its product categories for the March quarter while boosting its buyback program by $90 billion and raising its dividend by 7%.

While this may sound like the perennial pledges politicians make to pay for proposals by cutting “waste fraud and abuse,” many observers of the U.S. tax system argue that the IRS has been underfunded for years and that spending more on enforcement can yield significant returns on investment.