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The Latest Breaking News from Janet Yellen

Billionaire investor Stanley Druckenmiller accuses Janet Yellen of making the ‘biggest blunder in Treasury history’

The hedge funder argued that the Treasury Secretary “has no right” to still be in her job.

Fortune

The Women Who Made Modern Economics by Rachel Reeves review – why values matter

With these clear, crisp portraits of the economists who shaped her worldview, the shadow chancellor has set out a powerful statement of who she is and what she wants to achieve

The Guardian - UK

Towards stabilisation of U.S.-China ties

In this time of war, the quiet U.S.-China dialogue is a significant factor for peace

The Hindu

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Don't Believe Janet Yellen's Shoddy Wartime 'Girl Math'

Plus: President Joe Biden’s weird economy and Rep. Mike Johnson as the unlikely new speaker of the House of Representatives.

Reason

5 things to know about a stunning week for the economy

The U.S. economy continues to defy gravity, growing rapidly despite high interest rates. Consumer spending is powering the expansion, but it's not clear how long that can last.

WEKU

The Women Who Made Modern Economics by Rachel Reeves review – a personal manifesto

The shadow chancellor’s portraits of her economic heroes reveals much about a future Labour government’s agenda

The Guardian - UK

The U.S. and Europe Need to Get Their Act Together on China

The West has wasted precious time in developing a common strategy.

Foreign Policy

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Russia-Ukraine war live: Zelenskiy confirms Kyiv used US-provided ATACMs missiles – as it happened

Ukrainian military used US-supplied longer-range army tactical missile systems to strike nine Russian helicopters in eastern Ukraine

The Guardian - AU

Russia-Ukraine war: List of key events, day 601

As the war enters its 601st day, these are the main developments.

Al Jazeera

Russia-Ukraine war at a glance: what we know on day 601 of the invasion

Russia testing defences around Kupiansk-Lyman as its Avdiivka offensive wanes, says Ukraine; Moscow admits reliance on China for drones

The Guardian - AU

Generative AI is top of mind for all types of leaders, from Treasury Secretary Janet Yellen to J&J CEO Joaquin Duato

This week’s episode of Fortune‘s Leadership Next podcast features conversations from the Fortune CEO Initiative conference.

Fortune

Severe debt burdens thwarting progress on climate and poverty, says World Bank

Bank’s new president Ajay Banga urges faster action on providing debt relief but says there is no ‘magic wand’

The Guardian - UK

Janet Yellen says inflation is actually being ‘really well-behaved’ as she strikes optimistic tone on jobs

U.S. Treasury Secretary Janet Yellen said interest rates are not causing “dysfunction” in the market.

Fortune

Senators ask Treasury for additional climate finance regulation

The Treasury Department released guidelines on Sept. 19 aiming to promote net-zero finance. The next day, six left-leaning senators, including Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), sent a letter to Treasury Secretary Janet Yellen encouraging her to enact additional financial regulations related to climate and carbon emissions.

Ballotpedia

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Fortune

Janet Yellen and the man who invented the term ‘bond vigilantes’ disagree about what’s happening in the Treasury market right now

Ed Yardeni believes bond vigilantes are attempting to spike Treasury yields in protest against unsustainable fiscal policy—but the Treasury Secretary isn’t so sure.

Fortune

Janet Yellen: Surprisingly resilient American consumers blocked a recession—and now the Fed could keep interest rates higher for longer

Janet Yellen's interest rate predictions, recession outlook, and thoughts on semiconductors and China.

Fortune

Janet Yellen says AI's 'unbelievably rapid' development could 'make a significant difference' in boosting the economy—but she wants to be careful

"I don’t believe we should decouple at all from China," the Treasury Secretary told Fortune CEO Alan Murray, "but I do think we need to derisk."

Ballotpedia

Senators ask Treasury for additional climate finance regulation

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

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WEKU

Janet Yellen says a government shutdown would add to risks of a recession

Treasury Secretary Janet Yellen is sounding the alarm about the damage a government shutdown could do to the U.S. economy. "It's really reckless and will impose immediate harm," Yellen told NPR.

Fortune

Parents are about to go over a $24 billion childcare cliff. Look out below

Over 3 million children are about to lose their government-funded care, and that’s about to punch a $9 billion hole in the economy. What's a mom to do?

Ballotpedia

Federal court rules in favor of Biden ESG retirement rule

Al Jazeera

US launches new economic working groups with China in bid to quell tension

US Treasury Secretary Janet Yellen says working groups mark ‘important step forward’ in relationship with China.

The Independent UK

United States and China launch economic and financial working groups with aim of easing tensions

The U.S. Treasury Department and China’s Ministry of Finance have launched a pair of economic working groups in an effort to ease tensions and deepen ties between the nations

The Independent UK

Prince William, billionaires Gates and Bloomberg say innovation provides climate hope

Britain’s Prince William and wealthy entrepreneurs Bill Gates and Michael Bloomberg promise hope to a warming world

Fortune

Why Janet Yellen isn't worried about the $33 trillion national debt

Yellen looks at one key statistic to determine if the U.S.'s national debt is sustainable, and she says it's "at a very reasonable level.”

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