The Latest Breaking News from Janet Yellen

If you listen to Treasury Secretary Janet Yellen or President Joe Biden, it sounds like the country will implode if Congress fails to raise the debt ceiling in a couple months. But Biden’s words don't match his actions.

Last month's bank crisis could be a "substitute" for further interest rate hikes by the Fed that might trigger a recession.

World Bank meetings in Washington were supposed to be a first step in a new era of affordable loans for developing nations hard hit by climate change

Ukrainian Prime Minister Denys Shmyhal on Thursday welcomed the "continuous, ironclad and unprecedented support" of the United States as his country fights Russia's invasion, and underscored Ukraine's commitment to battling corruption.

The incoming president of the World Bank was born in India and had his early success in business there

Ukraine’s president is renewing his call to confiscate Russian Central Bank assets held around the world and use them to help rebuild Ukraine

The IMF is worried about a “hard landing,” with sticky inflation meaning the odds of a recession have “risen sharply.”

The Treasury secretary's glass-half-full outlook isn't shared by IMF chief.

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen told AFP ahead of stakeholders' meetings next week where key changes are expected to be announced. Central bankers, finance ministers and participants from more than 180 member countries…

October saw the UK chancellor in the dock. Now the US’s Yellen will face flak over green subsidies and banking security

Plus: Los Angeles sues journalist who published police photos, IRS releases $80 billion budget plan, and more...