Latest Janet Yellen News
Blinken begins key China visit as tensions rise over new US foreign aid bill
SHANGHAI (AP) — U.S. Secretary of State Antony Blinken has begun a critical trip to China armed with a strengthened diplomatic hand following Senate approval of a foreign aid package that will provide billions of dollars in assistance to Ukraine, Israel and Taiwan as well as force TikTok’s...
As Blinken heads to China, these are the major divides he will try to bridge
WASHINGTON (AP) — Secretary of State Antony Blinken is starting three days of talks with senior Chinese officials in Shanghai and Beijing this week with U.S.-China ties at a critical point over numerous global disputes. The mere fact that Blinken is making the trip — shortly...
Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday. The survey of U.S. companies said inconsistent and unclear policies and enforcement,...
Blinken will be the latest top US official to visit China in a bid to keep ties on an even keel
WASHINGTON (AP) — Secretary of State Antony Blinken will travel to China this coming week as Washington and Beijing try to keep ties on an even keel despite major differences on issues from the path to peace in the Middle East to the supply of synthetic opioids that have heightened fears over...
Yellen says Iran's actions could cause global 'economic spillovers' and warns of more sanctions
WASHINGTON (AP) — Treasury Secretary Janet Yellen warned Tuesday of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's "malign and destabilizing activity” in the region....
It's Tax Day. And your refund may be big this year
WASHINGTON (AP) — On this Tax Day, refunds are looking a bit bigger for taxpayers. According to the latest IRS statistics, the average income tax refund so far this season is $3,011, up $123 from last year. Two out of three taxpayers expect to receive a refund. The...
The US and UK restrict the trade of Russian-origin metals
WASHINGTON (AP) — The U.S. and U.K. will begin restricting the trade of new Russian-origin metals — including aluminum, copper and nickel — on global metal exchanges and in derivatives trading. The announcement is meant to follow up on the Group of Seven nations' commitment in...
China's exports tumble 7.5% in March and imports also fall as demand slows
HONG KONG (AP) — China’s exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of the country's recovery from the pandemic. Customs data released Friday show exports declined 7.5% in March from a year earlier, while imports...
From overcapacity to TikTok, the issues covered during Janet Yellen's trip to China
BEIJING (AP) — U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here's a look at what she tried to accomplish, what was achieved, and where things stand for the world's two...
Culinary diplomacy: The internet is obsessed with what Janet Yellen eats in China
BEIJING (AP) — Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she will eat next. And now that the U.S. Treasury secretary is back in China this week, having stopped in...
