Janet Yellen

Treasury Secretary Yellen defended the administration’s economic achievements and said that she hopes to see inflation closer to 2% by the end of 2022.

Congressional Democrats voted to raise the debt ceiling, avoiding the risk of default with only hours to spare.

U.S. stock futures rose Friday after the Labor Department’s before-the-bell release of its November jobs data.

Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell return to Capitol Hill on Wednesday.

Dow futures dropped sharply Tuesday as investors reassessed risks associated with the new Covid omicron variant.

Dow futures dropped sharply Tuesday as investors reassessed risks associated with the new Covid omicron variant.

Fed Chair Jerome Powell believes that the omicron variant of Covid-19 and a recent rise in coronavirus cases pose a threat to the U.S. economy.

Washington and Wall Street were optimistic Monday that Congress can pass a bill to fund the government and avert a partial shutdown before a Friday deadline.

Trying to find a historical parallel to the current run – and, thus, perhaps a way out – isn’t easy.

Families should still get the final child tax credit check, even if the government shuts down or defaults.

Treasury Secretary Janet Yellen told lawmakers that she now estimates that the U.S. will reach its debt limit on Dec. 15.

The leaders ended the meeting shortly before 12:30 p.m. Beijing time (11:30 p.m. ET Monday), almost four hours after it began, according to Chinese state media.

President Joe Biden didn’t say if he planned to renominate current chair, Jerome Powell.

Treasury Secretary Janet Yellen said she has discussed with President Joe Biden how he should proceed on naming a Federal Reserve chairman.

A multilateral approach to sanctions enhances their efficacy, write Wally Adeyemo and Wendy Sherman.

U.S. stock futures dropped Friday as shares of Amazon and Apple sank in the premarket on disappointing quarterly results.

“While there isn’t mark-to-market billionaires’ tax, I think it’s been agreed that individuals earning high incomes” will pay more, Yellen told CNBC on Friday.

Treasury Secretary Janet Yellen asserted that the infrastructure spending proposal will lower inflation by reducing costs vital to households.

With the debt ceiling deadline set for early December, some prominent politicians are drafting ideas to reform or end the borrowing limit.

Rosenberg Research’s David Rosenberg believes runaway inflation warnings are exaggerated and deflation will eventually grip the U.S. economy.