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The Latest Breaking News from Janet Yellen

US Trade Gap Grows In February To Highest Level Since April 2023

The US trade deficit expanded in February by more than analysts expected to reach its highest level since April 2023, as imports once again exceeded exports, according to government data published Thursday.

International Business Times

Yellen In China To Press Officials On Tech Industry Subsidies

US Treasury Secretary Janet Yellen arrived in China's Guangzhou on Thursday for meetings to press Beijing over fears the country's industrial subsidies for green energy, cars and batteries could flood global markets with cheap goods.

International Business Times

Yellen Considers Protecting US Clean Energy From Chinese Competition

US Treasury Secretary Janet Yellen expresses concerns over Chinese clean energy excess capacity, highlighting the need to protect the US industry and promo...

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Biden, Xi Clash But Seek To Manage Tensions As US Officials Head To China

The nearly two-hour telephone conversation was the two leaders' first direct interaction since a summit in November in California that saw a marked thaw in tone, if not the long-term rivalry, between the world's two largest economies.

International Business Times

Yellen To Press China On 'Unfair' Trade Practices During Visit

US Treasury Secretary Janet Yellen leaves Wednesday for China, for the second time in less than a year to manage ties as Washington maintains a tough stance on Beijing ahead of November's election.

International Business Times

US-China Economic Flashpoints In Yellen's China Trip

Since US Treasury Secretary Janet Yellen visited Beijing last year, the world's two biggest economies have resumed regular talks and averted major escalations in tensions.

International Business Times

Biden And Xi Discuss Taiwan, AI, And Security Issues

President Biden and President Xi Jinping engage in a significant call covering various crucial topics, emphasizing stability in relations and discussing ke...

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Yellen To Address Excess Capacity Threat In China Visit

US Treasury Secretary Janet Yellen to address excess capacity in China, promoting fair trade practices and cooperation.

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What’s at stake as Treasury Secretary Janet Yellen visits China

It's her second trip in less than a year amid ongoing tension between the world's two economic powerhouses.

Axios

Biden, Xi Leaders Speak To Manage Tension, With Top US Officials To Visit China

President Joe Biden and Xi Jinping spoke Tuesday in a new bid to manage tensions between the United States and China, with top US officials to head shortly to Beijing, officials said.

International Business Times

Yellen To Warn China Of Industrial Oversupply Risks

A surge in cheap exports from China in industries like electric vehicles could create an oversupply and hurt economies, US Treasury Secretary Janet Yellen warned in a speech on Wednesday.

International Business Times

Yellen Clarifies Funding For Key Bridge Collapse Reconstruction

U.S. Treasury Secretary Yellen and President Biden address funding concerns for Francis Scott Key Bridge collapse reconstruction.

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Yellen Criticizes China's Green Energy Production As Unfair Competition

Treasury Secretary Yellen raises concerns about China's dominance in green energy sectors, sparking tensions and trade disputes. Efforts to address imbalan...

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Yellen To Urge China To Address Overcapacity Issues

A surge in cheap exports from China in industries like electric vehicles could bring "global spillovers," US Treasury Secretary Janet Yellen is due to warn in a speech on Wednesday.

International Business Times

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Treasury Allows Billion Lending To IMF Trust

US Treasury lends billion to IMF trust to support global economic stability and recovery, aiding countries in need during COVID-19 challenges.

The Guardian - UK

The Guardian view on Labour’s economic plans: a response too small for the challenge the UK faces

Editorial: A radical agenda is needed to deal with the crises of economic stagnation, political polarisation and the climate emergency. Rachel Reeves did not offer one

Barchart

S&P Futures Climb Ahead of Key U.S. PPI and Retail Sales Data, Adobe Earnings on Tap

March S&P 500 E-Mini futures (ESH24) are trending up +0.37% this morning as market participants geared up for crucial U.S. PPI and retail sales data while also awaiting quarterly results from software giant Adobe.

Barchart

S&P Futures Tick Higher Ahead of Key U.S. PPI and Retail Sales Data, Adobe Earnings on Tap

March S&P 500 E-Mini futures (ESH24) are trending up +0.35% this morning as market participants geared up for crucial U.S. PPI and retail sales data while also awaiting quarterly results from software giant Adobe.

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Yellen Expects Rent Inflation To Decrease This Year

U.S. Treasury Secretary Yellen expects rents, a key inflation driver, to decrease, potentially easing inflation pressures in the U.S.

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Yellen Prioritizes US EV Makers Amid China Export Competition

US Treasury Secretary Janet Yellen highlights support for American EV industry amidst global competition, emphasizing innovation and collaboration for success.

Top News

Treasury Secretary Yellen Addresses Inflation Concerns In Interview

Secretary Yellen discusses economic trends, inflation, debt, and administration's efforts for stability and growth.

International Business Times

Yellen Says US Economy Unlikely To See 'Stagflation'

The US economy is not expected to see stagflation, Treasury Secretary Janet Yellen said in an interview broadcast Wednesday, adding that most forecasters expect inflation to cool as housing costs move lower.

Top News

Yellen: Biden Tax Credits Drive Clean Energy Investment In Coal

U.S. Treasury Secretary Janet Yellen highlights the positive impact of President Joe Biden's proposed tax credits on clean energy investment in coal country.

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Yellen Urges US Congress Action On Ukraine Aid

US Treasury Secretary Yellen stresses the importance of aiding Ukraine to counter Russian aggression and maintain regional stability.

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Yellen: Argentina Progressing Toward Fiscal Sustainability

Former U.S. Treasury Secretary Janet Yellen praises Argentina's progress towards fiscal sustainability at the G20 Summit, highlighting the country's commit...

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