US Sanctions May Risk Hegemony of Dollar, Says Treasury Secretary Yellen

[ad_1] Last Updated: April 17, 2023, 02:03 IST Yellen noted that sanctions are an extremely important tool, all the more so when used by the United States and its allies as a coalition of partners acting together to impose these sanctions. (Image: Janet Yellen/Twitter) The robust US capital markets and rule of law “are essential … Read more

Yellen: ‘Not anticipating a downturn’ in the US economy | CNN Business

[ad_1] Minneapolis CNN  —  US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient despite some recent turmoil among regional financial institutions. “I’ve not really seen evidence at this stage suggesting a contraction in credit, although that is a possibility,” Yellen said at a press conference … Read more

Stock futures are up slightly as Wall Street looks to build on winning week: Live updates

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) on February 14, 2023 in New York City.  Spencer Platt | Getty Images Stock futures edged higher Sunday evening as Wall Street came off a winning week and investors continued to follow the troubling bank sector. Futures tied to the Dow Jones … Read more