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The Latest Breaking News from Janet Yellen

Stocks Lower, Jobs Data On Deck, Yellen In China, Exxon Slides, Meta's 'Twitter Killer' - 5 Things To Know

Stock futures lower as hawkish Fed minutes lift Treasury yields; Employment data in focus with ADP, Jolts, weekly jobless claims on deck; Treasury Secretary Janet Yellen arrives in China for key trade visit; Exxon shares slide as oil major cautions on Q2 profit hit and Meta nabs 10 million users…

The Street

US Treasury Secretary Janet Yellen visits China as part of efforts to sooth strained relations

Treasury Secretary Janet Yellen has arrived in Beijing for meetings with Chinese leaders as part of efforts to revive relations that are strained by disputes about security, technology and other irritants

The Independent UK

US treasury secretary lands in Beijing in visit aimed at calming tensions

Janet Yellen expected to emphasise need for cooperation between two superpowers to tackle global threats

The Guardian - UK

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US Set To Restrict China’s Access To Cloud Computing Services From Amazon, Microsoft

China's access to the Microsft and Amazon will be limited as the U.S. see Chinese techologies as national security concerns.

Zenger

Janet Yellen heads to China, seeking to ease tensions between the two economic powers

Treasury Secretary Janet Yellen is on her way to Beijing for talks with her Chinese counterparts. The meeting comes at a tense time, with tit-for-tat trade restrictions and rising strategic frictions.

WEKU

Chip wars: how semiconductors became a flashpoint in the US-China relationship

The fight for the 21st century’s most critical technology has become a major source of hostility between the world’s two superpowers

The Guardian - AU

U.S. Aims To Restrict China Access To Cloud-Computing Services From Amazon, Microsoft, Google

The Biden administration wants to restrict China's access to U.S. cloud-computing services that use advanced AI chips, it was reported.

Investors Business Daily

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China restricts exports of high-tech metals in a slap at Washington ahead of Yellen's visit

China has imposed export curbs on two metals used in computer chips and solar cells, expanding a squabble with Washington over high-tech trade ahead of Treasury Secretary Janet Yellen’s visit to Beijing this week

The Independent UK

Yellen heads to China this week advancing US bid to fix ties

WASHINGTON — U.S. Treasury Secretary Janet Yellen will travel to Beijing on July 6-9, becoming the second member of President Joe Biden’s cabinet to head to the Chinese capital in recent weeks, as the world’s two largest economies look to mend ties after a spate of bilateral tensions.

Tribune News Service

US-China talks: can Biden mend ties with Beijing?

The US treasury secretary heads to China this week hoping to lay the groundwork for improved communication and relations between the world’s two largest economies.

The Week

U.S. Treasury Secretary to Visit Beijing

Janet Yellen will arrive for a four-day trip on Thursday, less than three weeks after Washington’s top diplomat Antony Blinken visited in June

Caixin Global

Weaker competition blamed for higher petrol and diesel prices; MPs blast ‘measly’ savings rates – as it happened

Government pledges to expose ‘rip-off’ fuel retailers, after inquiry finds declining competition between retailers led to higher prices at the pumps

The Guardian - UK

Treasury Secretary Yellen set to travel to Beijing to help ease U.S.-China relations

Yellen, who has called the notion of an economic decoupling from China "disastrous," has frequently said in the past year that she would like to visit China.

WEKU

AP News Digest 3 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

The Independent UK

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Zenger

Janet Yellen To Visit China This Week; US Doesn’t Intend To ‘Decouple’ The Two Economies

US treasury secretary will meet with senior govt officials in Beijing, aiming to ‘work together to address global challenges’.‌

The Independent UK

Treasury Secretary Janet Yellen is making a long-awaited trip to China this week

Treasury Secretary Janet Yellen will travel to Beijing Thursday in an effort to thaw U.S.-China relations, a Treasury official said

Axios

Yellen to visit China this week as Biden seeks to improve ties

The treasury secretary will aim to improve communication on economic issues.

The Independent UK

Yellen addresses Essence Festival crowd, discusses economy, efforts to enfold minority communities

U.S. Treasury Secretary Janet Yellen on Friday says the Biden administration's racial equity work is not just the morally right thing to do but also is in the country’s best economic interests

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Axios

Yellen makes academic case for "Bidenonomics"

She's also enlisting the support of business leaders to prove that the economic is resilient.

Al Jazeera

China’s Li backs closer communication, global cooperation

Premier Li Qiang tells ‘Summer Davos’ delegates globalisation means countries must work together.

Zenger

Rep. Khanna Questions Fed’s 2% Inflation Target Amid Calls For Re-evaluation

As the inflation rate sits above 4%, Khanna asks why not set the target at 3% to address modern needs.

The Guardian - UK

Shipping emissions could be halved without damaging trade, research finds

Findings come as nations gather in London to discuss new carbon levy

Newsroom.co.nz

Immigration isn't driving inflation, new report concludes

Business and investing: Hawkish central banks keep investors on edge; ERoad takeover offer sends share price rocketing; Bitcoin arises from its slumber. Andrew Patterson reports.

France 24

Paris summit on climate and finance ends without deal on global shipping tax

Participants at the Paris summit on finance and climate stopped short of a deal to create a tax on greenhouse gas emissions produced from international shipping.

The Guardian - UK

Paris climate finance summit fails to deliver debt forgiveness plan

Countries in debt distress thrown financial lifeline but critics say measures fall short of what is needed

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People

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