Chinese Vice Premier Liu He represented his country in the signing of a trade agreement with the U.S. in January 2020.C Saul Loeb | AFP | Getty Images BEIJING — China’s Vice Premier Liu He and U...
Tag: Janet Yellen
Treasury Secretary Yellen Says Recession Not ‘At All Inevitable’—But Inflation Is ‘Unacceptably High’
Topline Treasury Secretary Janet Yellen said Sunday a recession is not “at all inevitable,” though she warned economic growth could slow, days after the Federal Reserve hiked interest rates to fight i...
Treasury Secretary Janet Yellen says recession isn’t ‘inevitable
U.S. Treasury Secretary Janet Yellen testifies before a House Ways and Means Committee hearing on President Biden’s proposed 2023 U.S. budget, on Capitol Hill in Washington, June 8, 2022. Jonath...
Exxon Responds To Biden’s Inflation Blame-Shifting Attack
LOS ANGELES, CALIFORNIA – JUNE 10: U.S. President Joe Biden delivers remarks aboard the Battleship … [+] USS Iowa Museum at the Port of Los Angeles on June 10, 2022 in Los Angeles, Califor...
Checkout.com jumps into crypto with stablecoin payments feature
The logo for payments start-up Checkout.com. Checkout.com AMSTERDAM — Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it t...
Treasury Secretary Yellen Says She Was Wrong About Inflation
Treasury Secretary Janet Yellen said Tuesday her inflation projections were wrong in statements she made last year as consumer prices began a surge to their highest level in decades. “I think I was wr...
Inflation Will Lead Inexecrably To Recession
Old chart glimpses future directioins. (Photo by Mario Tama/Getty Images) Getty Images Recession is in the cards and not because of the recent report of declining real GDP in the first quarter. That w...
Tether claims USDT stablecoin is backed by non-U.S. bonds
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images The issuer of the stablecoin tether said in a report that the controversial digital curre...
Overturning Roe V. Wade Would Have ‘Very Damaging’ Economic Effects, Treasury Secretary Warns—Here’s How
Topline Restricting access to abortion “would have very damaging effects on the economy,” Treasury Secretary Janet Yellen testified to the Senate Tuesday as the Supreme Court appears poised to overtur...
Do Serious People Still Take Seriously the Fed and ‘Soft Landings’?
Who is the most productive 3-point NBA shooter over the last two years? The nature of the question should quickly reveal it as a trick one of sorts. In other words, the answer isn’t Steph Curry. But t...
Yellen Walks Out On Russian Official During G20 Meeting
Topline Treasury Secretary Janet Yellen and officials from several other countries walked out of a Group of 20 meeting in Washington on Wednesday when a Russian delegate spoke, a source familiar with ...
Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve Governor Christopher Walle...
Cathie Wood And Michael Saylor Take A Victory Lap Over Bitcoin Skeptics Coming Around
MicroStrategy CEO Michael Saylor and Ark Invest CEO Cathie Wood Bitcoin 2022 Taking the stage at the Bitcoin 2022 conference in Miami, MicroStategy CEO Michael Saylor and Ark Invest CEO Cathie Wood ar...
Watch Treasury Secretary Janet Yellen speak live on the global financial system
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen testifies Wednesday before the House Financial Ser...
Treasury Will Assess Crypto Risks under Biden’s Executive Order: Janet Yellen
The US Treasury Secretary Janet Yellen released a statement on late Tuesday, which was later archived by her department, laying out the plans of how her department would implement the upcoming executi...
Biden touts wage growth, slower inflation forecasts after another surge in prices
US President Joe Biden, speaks about rebuilding manufacturing on February 8, 2022, from the South Court Auditorium in Eisenhower Executive Office Building, in Washington, DC. (Photo by Brendan Smialow...
How the Biden administration misread the inflation threat
U.S. Treasury Secretary Janet Yellen (L) and Federal Reserve Board Chairman Jerome Powell (R) testify during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill Novemb...