Secretary Yellen during a meeting with the President of Zambia Hakainde Hichilema in Washington, DC. Photo: Kevin Dietsch/Getty ImagesTreasury Secretary Janet Yellen told Axios she is “nervous” about the US defaulting on its debt and cautioned that Americans likely will face a scary and spiraling recession if Congress doesn’t raise the debt ceiling this summer. …
Yellen warns of debt ceiling “catastrophe” for US and beyond Read More »
People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. Patrick T. Fallon | Afp | Getty Images These days the US unemployment system is somewhat of an anomaly. Almost three years after the Covid-19 pandemic caused the jobless crisis in the US since the Great …
US unemployment system still plagued by delays 3 years post-pandemic Read More »
WASHINGTON, Jan 28 (Reuters) – The US Treasury Department’s top sanctions official on a trip to Turkey and the Middle East next week will warn countries and businesses that they could lose US market access if they do business with entities subject to US curbs as Washington Cracks down on Russian attempts to evade sanctions …
Exclusive: Top US Treasury official to warn UAE, Turkey over sanctions evasion Read More »
Services inflation is tough to stamp out, and it has taken over inflation. Powell will be talking about it. By Wolf Richter for WOLF STREET. The different components of the PCE price index is what the Fed holds up when it details its reasoning behind its crackdown on inflation. They include overall PCE but particularly …
The EU and its rich country allies are taking aim again at Russia’s ability to earn money from its vast oil reserves by moving to limit the price of Moscow’s refined oil products. The block is proposing that G7 allies cap the price of Russian diesel at $100 a barrel and set a separate cap …
EU aims to inflict more pain on Russia with second oil price cap – POLITICO Read More »
While there are likely no federal stimulus checks being handed out in the near future, some states are still issuing payments or rebates in 2023. Colorado Colorado residents who obtained an extension and filed their taxes by the Oct. 17, 2022, deadline will receive a $750 rebate, or $1,500 for joint filers, by Jan. 31. …
These States Are Still Sending Out Payments in 2023 Read More »
Secretary Janet Yellen taunted Moscow that US-led sanctions have impaired Russia’s “ability to conduct war” and claimed their military is now scavenging to find crucial replacement parts for battlefield equipment. Why it matters: Yellen made her comments in an interview with Axios in Johannesburg, South Africa, after warning government in Pretoria they shouldn’t violate US …
Janet Yellen says US-led sanctions forced Russia to scavenge for parts Read More »
LG’s Big “Make In India” Push: Tech Today Exclusive Business Today
Russia Makes Pitch for Common BRICS Currency to Counter US Dollar Firstpost
Economists believe 2023 will bring changes in Montana’s economy NBC Montana
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