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Yellen sees strong job market, lower inflation, even as US economy cools

Yellen sees strong job market, lower inflation, even as US economy cools

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a joint press conference with Kristalina Georgieva, Managing Director of the International Monetary Fund, William Ruto, President of Kenya, French President Emmanuel Macron, and World Bank Pre By David Lawder (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that the U.S. economy is…

PIMCO CIO says preparing for ‘harder landing’ for global economy

PIMCO CIO says preparing for ‘harder landing’ for global economy

© Reuters. FILE PHOTO: The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake/File Photo (Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment…

Biden proposes new measures for student loan relief after Supreme Court defeat

Biden proposes new measures for student loan relief after Supreme Court defeat

© Reuters. U.S. President Joe Biden speaks about the U.S. Supreme Court’s decision to strike down race-conscious student admissions programs at Harvard University and the University of North Carolina, during brief remarks in the Roosevelt Room at the White House i By Steve Holland and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Friday announced…