Janet Yellen

The Treasury accuses the group of trafficking fentanyl, cocaine and methamphetamine and of illegally smuggling migrants into the U.S.

Treasury Secretary Janet Yellen is on a visit to the Asian giant after the call between Biden and Xi, and her message to authorities focuses on ‘macroeconomic imbalances’ between both economies

The Treasury Secretary met with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences

The United States and its allies froze hundreds of billions of dollars in Russian foreign holdings in retaliation for Moscow’s invasion of Ukraine. More than two-thirds of the funds are located in the EU

The two countries signed an agreement to monitor foreign investment and supply chains for illegal activity

IMF and ECB believe that corporate moves from nations like China and Russia are inevitable to reduce geopolitical risks, but warn of the costs

Latin American and Caribbean trade with China rose to record levels in 2022 and their diplomatic relations have also increased

The federal government’s budget gap doubled in the 2023 fiscal year, and debt is on track to break the record set in World War II

If the chaos went unchecked, it could spread across a region that is vital for global oil supplies — with reverberations around the globe

The IMF warns of the danger of a spike in inflation if the conflict persists, and the US admits that the crisis raises ‘additional concerns’

The announcement sets the stage for a possible meeting between President Joe Biden and his Chinese counterpart, Xi Jinping, in November

GM warned that 2,000 UAW-represented workers at an assembly plant in Kansas City are ‘expected to be idled as soon as early this week’ because of a shortage of supplies from another plant near St. Louis, where workers walked off on Friday

Raimondo plans meetings with Chinese officials and U.S. business leaders in Beijing and Shanghai

The downgrade may have little impact on financial markets long-term or on the interest rates the U.S. government will pay

It’s only the second time in the nation’s history that its credit rating has been cut

Vietnam has quickly become a major export production hub for global manufacturers like South Korea’s LG and Samsung Electronics, suppliers to Apple, Inc. and auto makers like Honda and Toyota

Yellen defended “targeted measures” on trade on Sunday that China’s leaders complain are aimed at hurting its fledgling tech industries

Yellen is one of a series of U.S. officials who are due to visit Beijing as part of efforts to revive relations that are at their lowest level in decades

Beijing has placed export controls on two critical minerals for making semiconductors and introduced a law that places the Communist Party at the center of foreign policy

Yellen planned to focus on stabilizing the global economy and challenging Chinese support of Russia during its invasion of Ukraine

The goal of her visit is to deepen and increase the frequency of communication between U.S. and China

Negotiators from both sides made clear, publicly and privately, that it was the biggest area of disagreement and almost led to the talks breaking down several times

The White House announced the signing, done in private, in an emailed statement in which the President thanked congressional leaders for their partnership

The most radical Republican and Democratic Congress members voted against the agreement, but did not succeed in stopping it

Support from both parties will be needed to win congressional approval next week before the government’s projected June 5 debt default

The international agency foresees high interest rates until the end of 2024 due to persistent inflation and a resilient economy