These are the 4 priorities for the $80 billion in IRS funding
Treasury Secretary Janet Yellen speaking at a news conference on July 14. Made Nagi | Reuters Yellen outlines 4 priorities for the $80 billion in...
Yellen downplays US recession risk as economic reports loom
WASHINGTON (AP) — Treasury Secretary Janet Yellen on Sunday said the U.S. economy is slowing but pointed to healthy hiring as proof that it is...
Yellen warns inflation in the U.S. is ‘unacceptably high’
BALI, Indonesia — U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said bringing down rising prices will...
Dow falls 600 points as Wall Street grapples with recession concerns
Stocks fell on Tuesday as concerns about a possible recession in the U.S. weighed on investor sentiment. The Dow Jones Industrial Average fell about 600...
Yellen says the administration is fighting inflation, admits she was wrong that it was ‘transitory’
Treasury Secretary Janet Yellen emphasized that the White House has several strategies ready to go that will reduce an inflation burden she conceded is too...
Dow falls about 200 points to start June, as worries mount over economic growth
U.S. stocks pulled back Wednesday amid worries about the health of the economy, as Wall Street turned the page to another month following a volatile...
Worry about stagflation, a flashback to ’70s, begins to grow
WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long...
Inflation Will Lead Inexorably 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...
High Inflation, Slowing Growth Raise Risk of Global Downturn
The global economy is in danger of entering a period of so-called stagflation, or high inflation and weak growth, policy makers and corporate leaders say,...
US Treasury Yellen Urges Europe To Unite With Washington Against China
US Treasury Secretary Janet Yellen said that Western democracies have become “too vulnerable” to countries that use their market positions as geopolitical leverage, and called...