Janet Yellen

Chinese state-sponsored hackers have reportedly breached U.S. Treasury Secretary Janet Yellen's computer. What Happened: The hackers also accessed the computers of deputy secretary Wally Adeyemo and acting under secretary Brad Smith, reported Bloomberg, citing two people familiar with the matter....

United States Steel Corp (NYSE:X) and Nippon Steel Corp. have filed lawsuits against the Biden administration in response to President Joe Biden’s blocking of the steelmakers’ $14.9 billion deal. What Happened: U.S. Steel and Nippon Steel filed multiple lawsuits on Monday in response to...

U.S. Treasury Secretary Janet Yellen‘s strategy of relying heavily on short-term debt financing could create significant market turbulence as President-elect Donald Trump prepares to take office, according to financial experts and market data. What Happened: Charles Gasparino, New York Post...

The yield on the 10-year Treasury bonds hit a seven-month high in Friday's session as the stock market fell, led by the ‘magnificent seven' stocks. Is this a warning from the bond vigilantes and will the “Santa Rally” take a pause? Here's what analysts are saying. What Happened: The 10-...

The past week has been a whirlwind of economic news, with President-elect Donald Trump at the center of several major stories. The financial landscape is buzzing with anticipation and concern, from proposed tariffs affecting dollar stores to potential inflationary risks. Let’s dive...

U.S. Treasury Secretary Janet Yellen cautioned on Tuesday that President-elect Donald Trump‘s proposed sweeping tariffs could undermine recent progress in controlling inflation and destabilize financial markets. What Happened: Speaking at a Wall Street Journal event, Yellen acknowledged that...

A week before the U.S. presidential election, U.S. Treasury Secretary Janet Yellen reiterated her arguments for the strength of the U.S. economy under the Biden administration.  “When President Biden and Vice President Harris took office, thousands of Americans were dying each day from COVID-...

The U.S. Treasury Department announced Friday a fresh wave of sanctions targeting Iran’s petroleum and petrochemical sectors, following Iran's second direct attack on Israel this year. This latest response aims to cut off a critical source of revenue for the Iranian government, a move...

If former President Donald Trump has his way, the Federal Reserve will leave rates unchanged ahead of the 2024 presidential election. That doesn't seem likely with investors and members of Congress anticipating a rate cut next week. What Happened: Trump recently said that presidents should have "at...

Amid concerns over the U.S. labor market, Treasury Secretary Janet Yellen has reassured the public about the economy’s resilience, despite recent weak job reports. What Happened: Yellen assured the public of the U.S. economy’s strength, despite recent weak job reports. Speaking at the...

This week has been a rollercoaster ride for the financial world. From warnings of a potential market crash to a surge in small-cap stocks, the market has seen it all. The U.S. economy showed impressive strength, while predictions of soaring Bitcoin, gold, and silver prices added to the intrigue....

US Treasury Secretary Janet Yellen has strongly refuted allegations of manipulating the issuance of Treasury securities. These accusations were made by economist Nouriel Roubini who suggested that such manipulation was aimed at reducing real borrowing costs across the economy. What Happened: Yellen...

The U.S. Treasury Secretary, Janet Yellen, is under fire from Republican lawmakers who accuse her of manipulating Treasury debt auctions to stimulate the economy and enhance President Joe Biden‘s image. What Happened: Sen. Bill Hagerty (R-Tenn.), a potential nominee for the Trump cabinet,...

The equity market appears to be on track to build on gains, with the major index futures firmly in the green early Tuesday. Traders apparently are discounting a dovish message from Federal Reserve Chairman Jerome Powell on the first day of the semi-annual monetary policy testimony before Congress....

China has proposed a draft regulation to curb the expansion of its solar industry in response to global concerns about solar panel overcapacity. This move follows criticism from President Joe Biden, former President Donald Trump, and Treasury Secretary Janet Yellen. What Happened: The Chinese...