You Searched For "yellen" and got 20 results
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1 min read
The US labor market is 'healthy,' Treasury Secretary Janet Yellen says, even as data shows conditions softening
Janet Yellen says the current unemployment rate is still low even after it ticked up in July. Inves…
Kelly Cloonan
2 mins read
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
2 mins read
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
2 mins read
'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
1 min read
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
1 min read
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
3 mins read
Biden announces plan to cap rent increases at 5% for half of American rental households
A record number of renters can't afford their housing costs. Biden wants to discourage big rent inc…
Eliza Relman,Dan Latu
4 mins read
Biden and Trump have wildly different approaches to bringing home prices and rents down
Biden has pushed for more federal involvement in housing policy. Trump proposed massive cuts to fed…
Eliza Relman
3 mins read
Supply-chain hot spot Vietnam rolled out the red carpet for Putin, and the US is trying to act cool
The US is among Vietnam's largest trading partners, accounting for trade worth $111 billion in 2023.
Huileng Tan
2 mins read
There's a huge pay raise on the way for clean energy workers
The Treasury Department unveiled a new rule that says developers could get bigger tax credits if th…
Juliana Kaplan
2 mins read
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
1 min read
The door is slamming shut on a $50 billion tax loophole used by the superrich
The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 bill…
Geoff Weiss
3 mins read
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
3 mins read
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
1 min read
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
2 mins read
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
3 mins read
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
3 mins read
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
2 mins read
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
1 min read
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 …