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Treasury’s Yellen says global economy faces headwinds, warns of geopolitical ‘coercion’

Treasury’s Yellen says global economy faces headwinds, warns of geopolitical ‘coercion’

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the U.S. Treasury Department in Washington, U.S. July 28, 2022. REUTERS/Jonathan Ernst/File Photo WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said the global economy was facing “significant headwinds” and the United States was working…

Marketmind: The final countdown

Marketmind: The final countdown

© Reuters. FILE PHOTO: A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Thursday, Oct. 13. 08:30 Eastern, 1230 GMT. That is the moment U.S. September inflation…

IMF warns inflation fight, geopolitical events driving up financial stability risks

IMF warns inflation fight, geopolitical events driving up financial stability risks

2/2 © Reuters. Customers walk past vegetables on a makeshift stall in a market in Mexico City, Mexico April 8, 2022. REUTERS/Luis Cortes 2/2   US500 -0.13% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage:…

U.S. Congress could be in for bruising debt-ceiling fight after midterms

U.S. Congress could be in for bruising debt-ceiling fight after midterms

© Reuters. FILE PHOTO: An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner/File Photo By Richard Cowan and David Morgan WASHINGTON (Reuters) – If Republicans win control of the U.S. House of Representatives in November’s midterm elections, they expect to use a powerful and potentially dangerous…

Nobel prize for economics goes to Bernanke, Diamond, Dybvig for research on financial crises

Nobel prize for economics goes to Bernanke, Diamond, Dybvig for research on financial crises

© Reuters. FILE PHOTO: Former Federal Reserve Chairman Ben Bernanke speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Ber By Simon Johnson and Johan Ahlander STOCKHOLM (Reuters) -A trio of U.S. economists including Former Federal Reserve chief Ben…