Janet Yellen

Biden says he’s ‘very optimistic’ about a debt ceiling deal

WASHINGTON — President Joe Biden said he was “very optimistic” on Friday about reaching a compromise deal with House Republicans…

Treasury now says it could run out of money June 5, buying time for debt ceiling talks

WASHINGTON — Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off…

Debt ceiling deal will be ‘transformational’ for Americans, McCarthy says

House Speaker Kevin McCarthy said Sunday that the tentative deal House Republicans have reached with the White House to address…

German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’

German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds…

Yellen says it should be ‘unthinkable’ for the U.S. to default on its debt

Treasury Secretary Janet Yellen said the idea of U.S. lawmakers letting the nation default on its debt should be “unthinkable.”…

Confused about the debt ceiling? Here’s what you need to know

The White House and Republicans in Congress are mired in a standoff over the debt limit. Failure to raise or…

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…

Failure to raise debt ceiling would be an ‘economic catastrophe,’ Treasury’s Yellen says

WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “economic catastrophe,” Treasury Secretary Janet Yellen said Monday.…

The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns

WASHINGTON — Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its…

Commerce officials heading to China to lay groundwork for possible Raimondo trip later this year, sources say

Senior officials from the Department of Commerce will be traveling to Beijing and Shanghai next week as part of an…