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The US expands sanctions against Russia-friendly institutions as Treasury chief Janet Yellen says the Kremlin is 'desperate' for outside help

The Kremlin is "desperate for access to the outside world," Janet Yellen said, announcing new sanct…

Filip De Mott   


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Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen

Soaring home prices and surging mortgage rates have ruled out home ownership for many people, said …

Theron Mohamed   


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'We're not about to fold': Janet Yellen says efforts are underway to package a $50 billion loan to Ukraine using frozen Russian funds

"I think we see considerable interest among all of our partners in a loan structure that would brin…

Filip De Mott   


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China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns

"It is important to the president and me that American firms and workers can compete on a level pla…

Aruni Soni   


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Ukraine needs the West to do more than seize Russian assets, Janet Yellen says

The Treasury Secretary said there was no "real substitute for Congress providing Ukraine the aid it…

George Glover   


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A 'buy bitcoin' sign flashed behind Janet Yellen during a 2017 hearing just sold for $1 million

The sign, scrawled on a yellow legal pad, was held behind Janet Yellen during a 2017 Congressional …

Yuheng Zhan   


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The IRS says its direct file program saved Americans $5.6 million in filing fees. Now they're making it permanent.

Over 100,000 Americans filed their taxes using the IRS's free new program last year. Now, it's stic…

Juliana Kaplan   


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Western countries are lining up to name and shame China for overproduction

G7 finance chiefs criticized China's industrial overproduction, saying they will consider taking st…

Huileng Tan   


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EXCLUSIVE: Janet Yellen's In-N-Out order revealed

Yellen's order is "cheeseburger with fries & onions" but the Treasury Department failed to clarify …

Taylor Berman   


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Frozen Russian assets should be taxed to fund Ukraine's rebuild, Treasury Secretary Janet Yellen says

Janet Yellen signaled her support for a plan to tax profits made on frozen Russian assets on Wednes…

George Glover   


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The US can afford to give money to both Israel and Ukraine since its economy is doing 'extremely well,' Janet Yellen says

Treasury Secretary Janet Yellen said the US can "certainly" afford to aid Israel and Ukraine in th…

Ayelet Sheffey   


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'Rich Dad Poor Dad' author Robert Kiyosaki slams Janet Yellen for trumpeting Bidenomics: 'What is she smoking?'

The Treasury Secretary on Monday cheered President Biden's policies for driving economic growth at …

Zahra Tayeb   


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Treasury Secretary Janet Yellen says China's slump has spillover risks but her US outlook is still positive

"China's slowdown will have the largest impact on its Asian neighbors, but there will be some spill…

Phil Rosen   


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China's trade war with the US is unlikely to cool down this election year, so it's working on Europe instead

Chinese leader Xi Jinping is visiting France, aiming to refresh China-France ties amid complaints a…

Huileng Tan   


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Janet Yellen says she's 'feeling very good' about a soft landing, joining Paul Krugman and Larry Summers in cheering on the US economy

Janet Yellen, like Paul Krugman and Larry Summers, is optimistic that the inflation threat is over …

Zahra Tayeb   


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China's ailing economy poses risks – but there won't be a recession in the US, Janet Yellen says

"Our labor market continues to be quite strong — I don't expect a recession," the Treasury Secretar…

George Glover   


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China's top climate envoy is coming to the US this month as tensions over green tech run high

The meeting comes as the US and China jockey for power over renewable technology like solar, EVs, a…

Catherine Boudreau   


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Janet Yellen says bond-market moves can complement the Fed's monetary policy - but there's a big 'if'

Bond moves based on data that informs the Fed's next moves can be a helpful policy tool — as long a…

Aruni Soni   


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China's big factories had a terrible March, even as automakers roar to new highs

Weak domestic demand is causing Chinese companies to sell products en masse overseas, worrying US o…

Meghan Morris   


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The US is preparing to hit back at China's glut of cheap solar panels by targeting its allies

US solar companies accused Chinese firms in Southeast Asia of dumping cheap solar panels on the mar…

Catherine Boudreau