U.S. top-tier credit rating downgraded
International ratings agency Fitch said it had downgraded the United States' Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA+' …
International ratings agency Fitch said it had downgraded the United States' Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA+' …
Traders expect the Fed to end its rate-hike policy as soon as March, as economic indicators suggest inflation is slowing down. Oil prices climbed last week on the positive economic data coming out of the United States, but …
Attempts of the United States and certain other countries to impose price restrictions on petroleum products supplied by Russia may have unexpected consequences, US Secretary of the Treasury Janet Yellen told reporters, cited …
The US lawmakers failing to reach a debt limit agreement to raise the debt ceiling may cause a global financial crisis, Treasury Secretary Janet Yellen warned. If the US federal government fails to make payments, "borrowing costs …
The US government has hit its borrowing limit
U.S. Treasury Secretary Janet Yellen on Friday notified Congress that the U.S. will reach its statutory debt limit next Thursday. After that, the Treasury Department this month will begin “taking certain extraordinary …
U.S. Treasury Secretary Janet Yellen said that a price cap on Russian oil exports in the $60-a-barrel range would likely be sufficient to reduce Moscow's energy revenues while allowing profitable production. Yellen told an event at …
U.S. Treasury Secretary Janet Yellen said Sunday that there is a "risk" that U.S. gas prices could rise again later this year, as fears grow over the possibility that Americans' wallets could be strained by a spike in …
First floated by U.S. Treasury Secretary Janet Yellen, the idea of capping Russian crude oil exports had a dual aim: keeping Russian oil flowing abroad, which would set a ceiling on prices, and at the same time reducing Russia’s oil …
U.S. Treasury Secretary Janet Yellen said on Sunday that U.S. economic growth is slowing and she acknowledged the risk of a recession, but she said a downturn was not inevitable. Yellen, speaking on NBC's "Meet the Press," …
U.S. Treasury Secretary Janet Yellen on Tuesday said deeper trade ties among allies could help fight inflation and thwart China’s “unfair trade practices,” vowing to impose harsh consequences on those who abuse the global …
U.S. Treasury Secretary Janet Yellen is pressing European counterparts to embrace measures designed to enforce a price cap on Russian oil, Bloomberg reported. Yellen spoke Monday with Constantinos Petrides, the finance minister of …
The U.S. Treasury Department has made clear that gold-related transactions involving Russia may be sanctioned, and is closely monitoring any efforts to circumvent U.S. sanctions through the use of gold, Treasury Secretary Janet Yellen said on …
The United States is unlikely to extend a soon-to-expire licence that allows Russia to pay U.S. bondholders, Treasury Secretary Janet Yellen said on Wednesday. Russia has so far managed to make its international bond payments even …
After the U.S. announced $1.3 billion in new economic assistance and military aid to Ukraine, Treasury Secretary Janet Yellen acknowledged that “this is only the beginning of what Ukraine will need to rebuild.” Yellen said …
Senior finance officials walked out of a G20 meeting in Washington, DC, in protest as Russian Finance Minister Anton Siluanov spoke. US Treasury Secretary Janet Yellen led a multination boycott. She was joined by Ukrainian, …
Treasury Secretary Janet Yellen said today that the $1.9 trillion American Rescue Plan, which passed in the Senate on Saturday, will benefit the economy, and she said she hoped the country and economy would be "back to full …
U.S. President-elect Joe Biden’s nominee for Treasury Secretary Janet Yellen told lawmakers she expected to quickly launch a review of U.S. sanctions policy if she and her top deputy were confirmed for their posts. Yellen …
U.S. President Donald Trump said that the Federal Reserve's policy is the biggest threat to his presidency. "My biggest threat is the Fed," the president said during an interview with FOX Business. …
The US Federal Reserve left its benchmark interest rate unchanged in a range of 1.25% to 1.5%, a relatively low level that the Fed said would help support continued job growth and stronger inflation. The Fed’s economic outlook …