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The Latest Breaking News from Janet Yellen

Why the world is turning away from the US dollar

The invasion of Ukraine in February 2022 prompted the US Treasury Department to impose unprecedented sanctions on Russia, to hold it “accountable for its premeditated and unprovoked invasion”.

The Conversation

Women in business: History, trends, challenges & opportunities

Female CEOs achieved a milestone in 2023, but there’s so much progress left to be made for women in business.

The Street

IMF's Georgieva and Yellen to Hold Talks with Egypt

Get the scoop on the upcoming meeting between IMF Chief Georgieva and US Treasury Secretary Yellen with Egyptian authorities. It's a rendezvous of economic...

Top News

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Between China And The US, Trade Takes A Different Route

Are the US and Chinese economies on the verge of decoupling? On the face of it, there can be no doubt the divergence of the US and Chinese economies is underway; in absolute terms, Chinese imports have not fallen particularly sharply, but regarding market share the decline is significant.

International Business Times

Yellen: Spending Deal Supports Debt Ceiling Pact amid Shutdown

Yellen's take on the federal spending deal and debt ceiling pact shows consistency, offering a glimmer of hope amidst the chaos of Congress shutdown.

Top News

Yellen's Boston Visit Shines Spotlight on Clean Energy Tax Benefits

Join Treasury Secretary Janet Yellen as she embarks on a mission to Boston, spreading the word on the incredible benefits of clean energy tax credits. Don'...

Top News

Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners

Treasury Secretary Janet Yellen is announcing that 100,000 businesses have signed up for a new database that collects ownership information on firms intended to help unmask shell company owners

The Independent UK

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Fed critics must admit: Powell has delivered the mythical soft-landing

The mix of slowing inflation, moderating growth and a resilient job market can no longer be ignored. The Fed chief has delivered on his mission to reduce inflation with no recession.

The Street

Russia warns US and Europe over reports Ukraine may get its seized assets

Kremlin threatens ‘serious consequences’ if there is an unprecedented seizure of Russian assets held abroad

The Guardian - UK

The Guardian view on a UN treaty: stop rich nations acting like the tax havens they condemn

Editorial: Developing countries are right to want to fight illicit financial flows and combat aggressive tax strategies that rob them of cash they need

The Guardian - UK

US highlights AI as risk to financial system for first time

Financial Stability Oversight Council says emerging technology poses ‘safety-and-soundness risks’ as well as benefits.

Al Jazeera

Yellen Urges China To Shift From 'Unfair' State-driven Economic Policy

US Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.

International Business Times

Yellen Foresees Steady Decline of US Inflation

US Treasury's head honcho, Yellen, traces a steady downward spiral of inflation. Catch a glimpse of her insightful financial forecast here!

Top News

The Fed Maintains Interest Rates Even As Inflation Cools

The Federal Open Market Committee said that inflation has eased but is still too high as the group once again held interest rates steady.

Kiplinger

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Barchart

Stocks Tread Water Before the Open as Investors Await Fed Rate Decision and U.S. PPI Data

December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.11% this morning as investors geared up for the Federal Reserve’s last interest rate decision of the year while also awaiting the release of key U.S. PPI data.

Barchart

Stocks Tread Water Before the Open as Fed Rate Decision Looms, U.S. PPI Data in Focus

Latin Times

U.S., Mexico to Strengthen Foreign Investment Screening Cooperation

This month, U.S. also proposed new rules surrounding its electric vehicle subsidies, limiting material that producers can source from Chinese firms and others

International Business Times

US, Mexico To Boost Cooperation In Foreign Investment Screening

The United States and Mexico plan to form a working group on foreign investment screening, aimed at guarding against national security threats, US Treasury Secretary Janet Yellen said Thursday.

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The Independent UK

New US-Mexico agreement to monitor foreign investments comes as more Chinese money flows into Mexico

The United States and Mexico have agreed to monitor foreign investments and regularly share information about the screening

The Independent UK

In Mexico, Yellen announces economics sanctions as the US aims to crack down on fentanyl trafficking

Treasury Secretary Janet Yellen has announced economic sanctions against 15 people and two companies that the United States says are linked to a Mexican drug cartel

The Independent UK

Zelensky abruptly cancels US Senate address as aid for Ukraine war hits dead end

Ukraine warns any postponement of US aid creates ‘big risk’ it will lose war with Russia

Latin Times

Yellen To Visit Mexico For Talks On Supply Chains, Combating Fentanyl Trafficking

The trip comes amid the U.S. Treasury Department's announcement of a "counter-fentanyl strike force," as "combatting the flow of deadly fentanyl into communities across the United States is a top priority for President Biden as well as the Treasury Department."

Zenger

Binance, CEO Admit Guilt In $4B Settlement With U.S. DOJ

World's largest crypto exchange faces charges related to money laundering and violations of U.S. laws.

Zenger

Binance Hit With $4.3B Justice Department Penalty: Yellen Says Crypto Exchange ‘Turned A Blind Eye’ To The Law

Binance admitted guilt to federal charges Tuesday as part of resolution with U.S. Justice Department amounting to over $4 billion

WEKU

CZ, founder of crypto giant Binance, pleads guilty to money laundering violations

Changpeng Zhao agreed to plead guilty to money laundering charges and step down from Binance as part of a sweeping settlement with the Department of Justice and top regulators.

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