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Treasury Secretary Janet Yellen accidentally ate hallucinogenic mushrooms in China

Yellen did not officially go on a trip though as properly cooking the mushrooms kills the psychedel…

Brent D. Griffiths   


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Treasury Secretary Janet Yellen says surging bond yields are due to the strong economy, not the growing deficit

Yields on the 10-year Treasury recently hit their highest since 2007, though Yellen says the move i…

Phil Rosen   


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Janet Yellen says the government could run out of money and trigger an economic crisis as soon as June 1

Treasury Secretary Janet Yellen said that, unless Congress acts to lift the debt ceiling, economic …

Juliana Kaplan   


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Treasury Secretary Janet Yellen tries to calm markets amid historic US bond collapse

"I haven't seen any evidence of dysfunction in connection with the increase in interest rates," Yel…

Aruni Soni   


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Supply-chain hot spot Vietnam rolled out the red carpet for Putin, and the US is trying to act cool

The US is among Vietnam's largest trading partners, accounting for trade worth $111 billion in 2023.

Huileng Tan   


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Janet Yellen isn't 'credible' and the US won't default on its debt on June 1, Republican congressman says

Congress can't agree on how to raise the debt ceiling. GOP Rep. Byron Donalds thinks there's more t…

Ethan Dodd   


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There's a huge pay raise on the way for clean energy workers

The Treasury Department unveiled a new rule that says developers could get bigger tax credits if th…

Juliana Kaplan   


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The door is slamming shut on a $50 billion tax loophole used by the superrich

The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 bill…

Geoff Weiss   


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Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn

The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …

Filip De Mott   


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'Severe hardship to American families' is inching closer and closer as Congress fails to find a debt ceiling solution, Janet Yellen warns

Treasury Secretary Janet Yellen just sent her latest reminder to McCarthy on the urgent need to rai…

Ayelet Sheffey,Juliana Kaplan   


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Janet Yellen says she disagrees with Moody's downgrade of its outlook for the US, as the economy is strong and Treasurys are the 'preeminent' safe asset

"This is a decision I disagree with," Yellen said of Moody's US outlook downgrade, emphasizing the …

Jennifer Sor   


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3 mins read

The IRS says its direct file program saved Americans $5.6 million in filing fees. Now they're making it permanent.

Over 100,000 Americans filed their taxes using the IRS's free new program last year. Now, it's stic…

Juliana Kaplan   


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Janet Yellen says she supports using proceeds from frozen Russian assets to fund more aid for Ukraine

The US Treasury secretary said she supported "harnessing windfall proceeds from Russian sovereign a…

Phil Rosen   


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Western countries are lining up to name and shame China for overproduction

G7 finance chiefs criticized China's industrial overproduction, saying they will consider taking st…

Huileng Tan   


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Gold, silver prices zoom after Fed rate hike, analysts see positive momentum ahead

In the national capital, gold prices climbed by ₹450 to ₹59,350 per 10 grams on Thursday. Analysts …

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Janet Yellen made the worst mistake in Treasury history when she failed to lock in cheap debt, elite investor Stanley Druckenmiller says

Treasury Secretary Janet Yellen's failure to capitalize on low rates was a grave error that has wor…

Theron Mohamed   


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Y Combinator lays off 20% staff, scales back on late-stage investments

US-based technology startup accelerator Y Combinator is laying off 17 employees -- or 20 per cent o…

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Millions of seniors on Social Security are at risk of losing benefits this summer if the GOP doesn't raise the debt ceiling, Janet Yellen says

"It is unlikely that the federal government would be able to issue payments to millions of American…

Ayelet Sheffey   


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Republicans are preparing to let some bills go unpaid as the debt ceiling crisis looms. Janet Yellen says their plan is just 'default by another name.'

A default on the country's debts would cause near-immediate financial chaos, and Yellen said there'…

Juliana Kaplan,Ayelet Sheffey   


Juliana Kaplan,Ayelet Sheffey