Treasury
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As Prepared for Delivery Good morning, everyone. And thank you for that kind introduction. I’m grateful to be here. Senegal is known as a bustling economic center in West Africa and a strong voice for international cooperation on the world stage. But to many visitors, it is also known for the extraordinary warmth and generosity […]
As lawmakers gear up for a fight over whether to raise the U.S. debt limit, Treasury Secretary Janet Yellen has warned that the country will reach its borrowing cap by Thursday. But while Yellen gave the warning to lawmakers that the technical borrowing cap of nearly $31.4 trillion will be reached this week, she also […]
WASHINGTON, Jan 16 (Reuters) – U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to exchange views on economic developments and deepen communication between the world’s two largest economies, a Treasury official said. Yellen’s first in-person meeting with Liu is part of a pledge by both countries to […]
CNN — The Treasury Department said Friday the US will reach the debt limit on January 19 and “extraordinary measures” will need to be taken, setting up one of the first major battles on
Comment on this story Comment The Treasury Department on Friday said that it will begin “extraordinary measures” next week to prevent the United States government from defaulting on its payment obligations, as lawmakers in Washington prepare for a potentially devastating fiscal showdown. In a letter to congressional officials, Treasury Secretary Janet L. Yellen said the […]
WASHINGTON, Jan 6 (Reuters) – General Motors (GM.N) said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and . . .
Dec. 30, 2022, 5:02 PM White woman wasn’t suitable comparator to prove bias Their duties differed; further discovery properly denied A Black Christian former Exeter Finance LLC senior treasury analyst failed with his claims that he received poor performance reviews and was fired because of his race and religion, and for complaining about job bias. […]
As the new year approaches, there are fears of recession in many of the world’s top economies, including the United States, the biggest and most consequential of all. The US does look headed for a recession — a key pointer is the inversion of US treasury yields. What is a recession, to begin with? A […]
It was supposed to be a program to help Black federal civil servants suffering from the trauma and stress of racism — but it was itself hit by allegations of racism before it even began. Black federal civil servants who are developing a mental health action plan for their colleagues say they’re facing anti-Black racism from senior government […]
Treasury yields were mixed on Wednesday as investors fretted over the outlook for the U.S. economy and awaited economic data that could impact the Federal Reserve’s monetary policy plans. As of 4 a.m. ET, the 10-year Treasury yield was almost flat after rising by less than a basis point to 3.5167%. The yield on the […]