The Remarkable Janet Yellen

A new book by Owen Ullmann, Empathy Economics, presents Yellen not just as a highly competent economist, but as someone with empathy for everyone, especially the disadvantaged.

Biden Family Worked To Sell American Gas To China, GOP Lawmaker Says Citing Whistleblower

Biden Family Worked To Sell American Gas To China, GOP Lawmaker Says Citing Whistleblower Authored by Eva Fu and Frank Fang via The Epoch Times (emphasis ours), The Biden family was...

US Eases Iran Tech Sanctions To Make Way For Musk's Starlink Amid Protests

US Eases Iran Tech Sanctions To Make Way For Musk's Starlink Amid Protests It's not often these days that the US administration announces it is easing sanctions on Iran, but that's...

US economic downturn could get 'very serious' as Fed risks crushing demand with rate hikes: Judy Shelton

Judy Shelton: Fed's strategy to combat inflation with rate hikes could crush supply. Shelton also criticized Treasury Secretary Janet Yellen for endorsing the "wrong initiatives" She says more...

US economic downturn could get 'very serious' as Fed risks crushing demand with rate hikes: Judy Shelton

Judy Shelton: Fed's strategy to combat inflation with rate hikes could crush supply. Shelton also criticized Treasury Secretary Janet Yellen for endorsing the "wrong initiatives" She says more...

Georgia senator asks Janet Yellen to use 'flexible' on EV tax credit that would hurt major local employer Hyundai

Hyundai is investing billions in its first American EV plant in Georgia, but the new Biden tax credit insists that the batteries be made in North America. (They're not.)

US economic downturn could get 'very serious' after Fed rate hikes, expert warns

Former Federal Reserve Board nominee Judy Shelton warned Friday the Fed's strategy to combat inflation with rate hikes could crush supply and make the nation's economic situation worse. On...

US Sen. Warnock: Electric car tax credit needs 'flexibility'

SAVANNAH, Ga. (AP) — U.S. Sen. Raphael Warnock urged the U.S. Treasury secretary Friday to use “maximum flexibility” in implementing a revised tax credit for Americans buying electric vehicles, a...

Janet Yellen says economic recovery hinges on supply chain, green agenda and end of Ukraine war

The White House is trying to navigate a way to combat inflation without sending the country into a full-scale recession. "I believe there is a path through this," Treasury Secretary Janet Yellen...

Treasury sec says economic recovery hinges on three key factors

As the Federal Reserve hikes interest rates to the highest level since the 2008 financial crisis, the White House is trying to navigate a way to combat inflation without sending the country into a...

Janet Yellen says economic recovery hinges on supply chain, green agenda and end of Ukraine war

The White House is trying to navigate a way to combat inflation without sending the country into a full-scale recession. "I believe there is a path through this," Treasury Secretary Janet Yellen...

Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates

Japan intervened in the foreign exchange market on Thursday to buy yen for the first time since 1998, in an attempt to shore up the battered currency after the Bank of Japan stuck with ultra-low...

An Oil Company Shows Wall Street How To Do ESG

An Oil Company Shows Wall Street How To Do ESG Authored by Rupert Darwall via RealClear Wire (emphasis ours), In his essential book, “How the World Really Works,” scientist Vaclav...

Yellen to visit North Carolina ahead of tight midterm races

WASHINGTON (AP) — Treasury Secretary Janet Yellen heads to the Durham, North Carolina, area next Tuesday as part of her ongoing tour to promote the Biden administration's legislative agenda ahead...

Yellen seems confident Fed can tame inflation despite rising desperation

Treasury Secretary Janet Yellen expressed confidence on Thursday that the Federal Reserve can wrestle inflation under control without crushing the U.S. labor market, despite growing concerns about...

: Yellen: Inflation will come down next year

Treasury Secretary Janet Yellen on Thursday said she believed high U.S. inflation would fall next year, but cautioned there are risks to the outlook.

US Sanctions Iran's Morality Police Amid Spiraling Protests

US Sanctions Iran's Morality Police Amid Spiraling Protests After nearly a week of demonstrations in multiple Iranian cities which Western media has dubbed the "anti-hijab" protests,...

Central banks raise rates again as Fed drives global inflation fight

By Francesco Canepa and Howard Schneider FRANKFURT/WASHINGTON - Global central banks continued raising interest rates on Thursday, following the U.S. Federal Reserve in a fight against inflation...

U.S. puts sanctions on Iran morality police, accusing unit of abusing women

By Arshad Mohammed and Daphne Psaledakis WASHINGTON -The United States on Thursday put sanctions on Iran's morality police over allegations of abuse of Iranian women, saying it held the unit...

Central banks raise rates again as Fed drives global inflation fight

Global central banks continued raising interest rates on Thursday. Japan, the outlier among major developed economies, kept interest rates steady. But traders pushed the yen to a record low...

U.S. sanctions Iran's morality police over death of woman in custody

The U.S. Treasury Department on Thursday announced sanctions against Iran's morality police over the death of a woman in custody and violence against protesters.Driving the news: Mahsa Amini, 22,...

US has sent $8.28 billion in pandemic funds to local lenders

WASHINGTON (AP) — On the same day the Federal Reserve gave a sobering report on the U.S. economy's trajectory, administration officials highlighted how they have kept some of the nation's smallest...

Jamie Dimon: Americans are being 'crushed' by inflation

Democrats call JPMorgan Chase, Bank of America, Wells Fargo and Citigroup to Washington to talk about pocketbook issues. “While COVID is behind us, the economic challenges we are now facing are no...

Latest Draft of US Crypto Law Would Temporarily Ban Terra-Like Stablecoins

The House Financial Services Committee continues to negotiate the terms of a proposed bill to regulate cryptocurrency. The latest draft legislation would ban algorithmic stablecoins like TerraUSD...

U.S. mortgage interest rates reach 6.25%, highest level since October 2008

- The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association (MBA) data showed on Wednesday. Rising mortgage rates...

Latest Draft of US Crypto Law Would Temporarily Ban Terra-Like Stablecoins

Excellent John K. Kumi is a cryptocurrency and fintech enthusiast, operations manager of a fintech platform, writer, researcher, and a huge fan of creative writing. With an Economics background,...

Latest Draft of US Crypto Law Would Temporarily Ban Terra-Like Stablecoins

The House Financial Services Committee continues to negotiate the terms of a proposed bill to regulate cryptocurrency. The latest draft legislation would ban algorithmic stablecoins like TerraUSD...

US Urges China to Step Up to Tackle Rising World Debt-Overhang Risk

-- A top US Treasury official urged China -- by far the world’s largest bilateral official creditor -- to take part in coordinated debt relief for vulnerable nations to avoid the specter of a...

ECB's Lagarde raises prospect of rate hikes beyond neutral level

FRANKFURT - The European Central Bank may need to raise interest rates to a level that restricts economic growth to combat unacceptably high inflation, ECB President Christine Lagarde said on...

Argentina cbank tightens FX access for soy exporters, hitting peso

BUENOS AIRES - Argentina's central bank has tightened access to the foreign exchange market by soybean exporters as it decided they are no longer allowed to trade on alternative markets, hitting...

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