#JANETYELLEN News, Headlines and Posts

Why the state should not promote marriage

economist.com H some stark facts about family structure and children in America. Whereas the poverty rate among youngsters living with two married parents is 7.5%, among those raised by a…

The IRS Is Hiring. What the Jobs Pay and What It Means for Tax Time

barrons.com a Hiring Spree. What to Know. The looming government shutdown could temporarily hobble the IRS, but it won’t halt plans to hire new agents to catch more cheats among…

At Climate Week 2023, The Crucial Role Of Finance Takes Center Stage

forbes.com From the moment Climate Week 2023 kicked off last week in New York City, it was clear the event would be marked by historic action to elevate the role of financial markets…

Tourists are still not returning to China and that's not good for anybody

aol.com None International tourism to China is still well below pre-pandemic levels. • None Flights from the US are expensive and hard to find. • None Tourism is one of several…

WATCH LIVE: Blinken delivers remarks at U.S.-Pacific Islands Forum Summit with UN ambassador

pbs.org President Joe Biden on Monday told leaders from the 18-member Pacific Islands Forum that he has heard their warnings about the impact of climate change on their region and…

Biden tells Pacific islands leaders he hears their warnings about climate change and is committed to act

pbs.org President Joe Biden on Monday told leaders from the 18-member Pacific Islands Forum that he has heard their warnings about the impact of climate change on their region and…

New IRS ‘$600 rule’ means Swift ticket resellers will have to pay

newsnationnow.com It was a summer of record-breaking ticket sales for live events. From Taylor Swift to Lionel Messi, fans shelled out thousands to see their favorite stars in person.…

Biden teams with corporate Left to raise your energy costs

washingtonexaminer.com Congress has not voted to force the financial sector to adopt net-zero emissions investing regulations, but thanks to the magic of modern corporatism, that’s what the…

New IRS ‘$600 rule’ means Swift ticket resellers will have to pay - KLAS

8newsnow.com It was a summer of record-breaking ticket sales for live events. From Taylor Swift to Lionel Messi, fans shelled out thousands to see their favorite stars in person.…

Biden announces new diplomatic ties with two Pacific Island nations

nbcnews.com President Joe Biden announced new diplomatic relations with two Pacific Island nations, the Cook Islands and Niue, on Monday. The announcement comes during the president’s…

Win for Writers Guild, loss for AI

reason.com Fran Drescher holds Hollywood hostage: On Sunday night, the Writers Guild of America (WGA) reached a tentative deal with studios and streaming platforms, likely ending the…

Breakingviews - Western rival to Belt and Road has much to prove

reuters.com Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is…

U.S. will establish diplomatic ties with the Cook Islands and Niue as Biden prepares to host Pacific summit

pbs.org President Joe Biden is set to establish diplomatic relations Monday with two South Pacific nations, the Cook Islands and Niue, as his administration aims to show to Pacific…

US debt interest payments are unsustainable and flash 'huge warning signs' as they take over federal spending, budget expert warns

finance.yahoo.com None The trajectory of US debt interest payments is not sustainable, Maya MacGuineas told Insider. • None Interest will eclipse defense spending in four years, the Committee…

Treasury Department Announces Launch of Economic and Financial Working Groups with the People’s Republic of China

home.treasury.gov Today, the United States and the People’s Republic of China launched an Economic Working Group and a Financial Working Group under the direction of Secretary of the Treasury…

In its tech war with America, China brings out the big guns

economist.com I battle between America and China, the Western power has been more aggressive of late. Last year President Joe Biden’s administration laid out harsh restrictions limiting…

Joe Biden donates weapons to Taiwan, as he does to Ukraine

economist.com A long believed that helping Ukraine to repel Russia’s invasion was not only essential to preserving the security of Europe, but also important to deterring China from…

What are 87,000 New IRS Agents Needed For?

unravelingeconomics.substack.com One of the most controversial pieces of President Biden’s Inflation Reduction Act (IRA) was its commitment to spend $80 billion to strengthen the IRS, including the hiring…

Japan says it can't cut China out of economy amid rising military tensions

newsweek.com As Japan seeks to address growing concerns regarding Chinese military activities in the region, Tokyo's toolbox is limited by the vast volume of trade between the two Asian…

The next big Taylor Swift concert may be way more affordable, thanks to the IRS

thestreet.com When Congress passed the Inflation Reduction Act last year Republicans were up in arms about two things: the name of the legislation seemed like a misnomer since it would…

Frozen Russian assets should be taxed to fund Ukraine's rebuild, Treasury Secretary Janet Yellen says

businessinsider.com Treasury Secretary Janet Yellen. Chip Somodevilla/Getty Images Janet Yellen signaled her support for a plan to tax profits made on frozen Russian assets this week, according…

Janet Yellen reveals a China/U.S. working group to ease tensions and 'promote a healthy economic competition'

fortune.com The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the…

US, China agree to regular talks on economy

thehill.com The U.S. on Friday announced the creation of two economic working groups with China as part of bilateral efforts to cool tensions between the two countries. The groups will…

U.S., China to launch economic and finance working groups

asia.nikkei.com WASHINGTON -- The U.S. and Chinese governments have established a pair of working groups focused on economic and financial affairs with the aim of sharing a forum for…

This Week in Crypto: Big US Debt, Solana Boss on Crypto Rules, and SWIFT Woes

beincrypto.com The US featured prominently in crypto this week as the US Federal Reserve (Fed) said it would keep rates fixed amid soaring national debt levels. On Monday, a New York Post…

U.S., China Form Working Groups on Economic, Financial Issues

wsj.com The working groups build on discussions Treasury Secretary Janet Yellen had with Chinese Vice Premier He Lifeng in Beijing in July. China and the U.S. have agreed to set up…

U.S., China Launch Economic And Finance Working Groups To Boost Exchanges Amid Strained Ties

forbes.com The U.S. and China today launched an Economic Working Group and a Financial Working Group to advance discussions in the two areas amid geopolitical and trade strains between…

U.S. and China launch economic, financial working groups with aim of easing tensions

theglobeandmail.com The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the…

US and China launch economic and financial working groups to ease tensions

euronews.com The announcement follows a string of high-ranking US officials' visits to China this year, which sets the stage for a possible meeting between Biden and Xi in November at an…

US and China to launch economy and finance working groups to stabilise ties

ft.com Move to increase engagement follows Treasury secretary Janet Yellen’s visit to Beijing in July

United States and China launch economic and financial working groups with aim of easing tensions

apnews.com The U.S. Treasury Department and China's Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the…

IRS targeting more supposedly 'high-income' Americans than advertised

reason.com Earlier this month, the IRS announced a new focus on squeezing "high-income earners" as part of a "historic effort to restore fairness in tax compliance." I'm not inclined…

What a shock to the economy could mean right now

marketplace.org We are nine days away from another government shutdown if Congress can’t reach a spending deal. We’ll hear from Treasury Secretary Janet Yellen on what a shutdown could do…

During a historic auto strike scaring Wall Street, Biden’s economic advisor says workers want a ‘fair slice’

aol.com over but ‘tis still the season for striking as workers keep the streaking strike going into the fall. Labor unrest is seen by many people as a sign of a sour economy, when…

Bitcoin Solves the Trust Problem That More and More People in Society Feel. We can no longer trust those who manage money, only Bitcoin can give you back the…

inbitcoinwetrust.substack.com If you liked reading this, feel free to click the ❤️ button on this issue so more people can discover it on Substack . The US debt has just exceeded $33T for the first time.…

During historic auto strike scaring Wall Street, Biden’s economic advisor says workers want a ‘fair slice’

fortune.com over but ‘tis still the season for striking as workers keep the streaking strike going into the fall. Labor unrest is seen by many people as a sign of a sour economy, when…

Japan warns against post-Fed yen slide, says government is monitoring currency markets

theglobeandmail.com Japan won’t rule out any options in addressing excess volatility in currency markets, the government’s top spokesperson said on Thursday, issuing a fresh warning against the…

US Republicans push for security review of China-linked battery company

reuters.com [1/2] U.S. Senator Marco Rubio (R-FL) speaks to reporters following a closed briefing for all senators to discuss the leak of classified U.S. intelligence documents on the…

Why the U.S. isn’t concerned that Japan might prop up its currency

marketplace.org Friday is the one-year anniversary of a fairly unusual move by the Japanese government. It bought up a bunch of its own currency, in order to prop up its value and make its…

White House Asked Key Ambassador To Quit Taunting Chinese President On Social Media, Report Says

forbes.com President Joe Biden’s aides have told Rahm Emmanuel, the sharp-elbowed politician serving as U.S. ambassador to Japan, to stop taunting Chinese President Xi Jinping on…

The Fed is tapping the brakes on its war against inflation

businessinsider.com The Federal Reserve paused its interest rate hikes on Wednesday. • It comes after a July rate increase, when Powell said he no longer forecasts a recession. • Still, further…

How $100 Oil Could Scramble the Fed’s Fight Against Inflation

nytimes.com Goldman Sachs and others are predicting that crude will hit triple-digit prices, a scenario that could impact global economic growth. What rising oil prices mean for the Fed…

Bill Gates sees 'a lot of climate exaggeration' out there: 'The climate is not the end of the planet. So the planet is going to be fine'

fortune.com With deadly extreme weather hitting all over the globe, rising temperatures peaking during the hottest summer on record and carbon pollution levels that keep climbing,…