Janet Yellen
Economy
US in ‘Technical Recession’ as GDP Contracts for a Second Quarter
The US economy has shrunk for the second quarter in a row, triggering one definition of a “technical recession,” according to data released by the Commerce Department on Thursday.
The nation's gross domestic product fell at an annual rate of...
Business
136 Countries Make Deal for Minimum Global Corporate Tax
Over 130 countries have come together to establish a new global corporate tax agreement. The deal, which was announced on Friday, requires a 15% minimum corporate tax rate for the multinational companies with the largest revenues.
The plan is designed...
Politics
Trillion Dollar Coin Could Be Minted to Solve Debt Ceiling Problem
The former director of the United States mint says that a trillion-dollar coin could be minted at the last minute in order to avoid defaulting on the national debt.
Philip Diehl, who was the director of the U.S. Mint from...
Crime
US Department of Treasury Blacklists Russian Crypto Exchange Suex
United States Treasury Secretary Janet Yellen announced that the Department of the Treasury will introduce sanctions against the Russian cryptocurrency exchange Suex on Wednesday. Suex has been effectively blacklisted for allegedly laundering millions on behalf of ransomware operators, fraudsters...