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Treasury Secretary Janet Yellen

'Rich Dad Poor Dad' author Robert Kiyosaki slams Janet Yellen for trumpeting Bidenomics: 'What is she smoking?'

Wed, 08/16/2023 - 07:19

Tech Insider : Economy

Janet Yellen — Treasury Secretary Janet Yellen.
Brendan Smialowski/AFP via Getty Images

economy, Janet Yellen, Treasury Secretary Janet Yellen, US Economy and Markets, Robert Kiyosaki, Joe Biden, Inflation

Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here's what Elon Musk, Paul Krugman and Jamie Dimon have warned.

Sun, 05/14/2023 - 06:45

Congressional leaders meet on debt ceiling — US President Joe Biden meets with US Speaker of the House Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell in the Oval Office of the White House in Washington, DC, on May 9, 2023. Biden and Republican leaders met in hopes of breaking an impasse over the US debt limit.

Markets, MI Exclusive, Debt Limit, US debt ceiling, US debt limit, us debt default, US national debt

The US and allies could take action to counter China's 'economic coercion,' Treasury Secretary Janet Yellen says

Thu, 05/11/2023 - 11:40

Janet Yellen — Federal Reserve Chair Janet Yellen holds a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016.
REUTERS/Gary Cameron

Markets, MI Exclusive, US china tensions, US-China trade, US-China relations, china investments, China sanctions

Elon Musk warns there's a growing risk of a US default as the deadline to raise the debt ceiling looms

Wed, 05/10/2023 - 05:36

Elon Musk has brought Twitter to break even through an aggressive approach to management. — Elon Musk.
Susan Walsh/AP

Markets, MI Exclusive, tesla, Elon Musk, elon musk tweet, debt default, US Debt

Treasury Secretary Janet Yellen is warning CEOs about the potentially "catastrophic" fallout from a US debt default

Tue, 05/09/2023 - 10:08

Treasury Sec. Janet Yellen — U.S. Treasury Secretary Janet Yellen speaks during a news conference at the IMF and World Bank Annual Meetings at IMF headquarters, October 14, 2022 in Washington, DC.
Drew Angerer/Getty Images

Markets, MI Exclusive, Janet Yellen, Treasury Secretary Janet Yellen, Debt Ceiling, US Debt, us debt default

This debt-ceiling fight is different — and it means we could actually default this time

Tue, 05/09/2023 - 06:00

Tech Insider : Economy, Politics

Biden McCarthy — President Joe Biden walking past House Speaker Kevin McCarthy at a luncheon in March.
AP Photo/Alex Brandon

economy, politics, Policy, Debt Ceiling, US debt ceiling, US debt limit, House Speaker Kevin McCarthy

A recession is more likely under the Republican debt-ceiling plan, Moody's chief economist warns

Thu, 05/04/2023 - 15:03

Tech Insider : Economy

Kevin McCarthy — House Speaker Kevin McCarthy
AP Photo/Alex Brandon, File

Markets, MI Exclusive, Mark Zandi, Moody's Analytics, Recessions, Debt Limit, government default

A $1 trillion platinum coin could save the US from economic catastrophe in less than a month. It would be fast, legal, and no bigger than a regular coin.

Wed, 05/03/2023 - 06:00

Tech Insider : Economy, Politics

U.S. Secretary of the Treasury Janet Yellen (L) and Second Gentleman Douglas Emhoff inspect a series of dies used in the production of the new American Women Quarters Program which includes the Maya Angelou quarter dollar coin, during a tour of the Denver Mint on March 11, 2022 in Denver, Colorado. — U.S.

economy, politics, Policy, Debt Ceiling, US debt ceiling, Debt Limit, US debt limit

US debt limit has seen 78 changes since 1960. This time is likely no different, says Bank of America's wealth management team

Thu, 04/27/2023 - 06:46

congress — A view of the House chamber as the House meets for the third day to elect a speaker and convene the 118th Congress in Washington, Thursday, Jan. 5, 2023.
AP Images

Markets, MI Exclusive, US debt ceiling, US Debt, US debt limit, Merrill, Bank of America

Steve Forbes says the Fed's stubborn rate hikes are trashing the US economy

Fri, 03/24/2023 - 08:14

Tech Insider : Economy

Steve Forbes — Chairman and Editor-in-Chief of Forbes Media Steve Forbes speaks during the Forbes' 2015 Philanthropy Summit Awards Dinner on June 3, 2015 in New York City.
Dimitrios Kambouris/Getty Images

Markets, MI Exclusive, Steve Forbes, US Economy and Markets, Inflation, Fed, economy

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