The Latest Breaking News from Janet Yellen

WASHINGTON — President Joe Biden aims to sign an executive order in the coming weeks that will limit investment in key parts of China’s economy by American businesses, people familiar with the internal deliberations said.

Still, U.S. and China need to work together on issues like climate change and debt relief.

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…