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The Latest Breaking News from Janet Yellen

China accuses US of trying to block its development and demands that technology curbs be repealed

China has accused Washington of trying to block its development after President Joe Biden stepped up a feud over technology and security by tightening controls on U.S. investments that might help Beijing develop its military

The Independent UK

Biden Escalates Trade War With China

A new national emergency declaration will allow for the creation of an outbound investment screening system targeting Americans' investments in China.

Reason

Biden signs order barring US investment in Chinese chips, quantum computing and AI sectors

Mr Biden is acting to restrict the Chinese military from reaping benefits of US tech investment

The Independent UK

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Coke vs. Pepsi: Which Consumer Defensive Stock is a Better Buy?

After high-profile downgrades to U.S. debt and 10 regional lenders, Coke and Pepsi stocks are intriguing consumer defensive stocks to consider as the market waters get choppy again.

Barchart

What is the US credit rating, and what does its downgrade mean?

Fitch Ratings lowered the United States' credit rating to AA+ on August 1st, citing worries about the country's handling of its increasing debt.

USAFacts

Under fire, Fitch defends U.S. credit rating downgrade

Under fire for downgrading U.S. federal debt, ratings analyst Richard Francis took to the airwaves on Wednesday to explain his reasoning and lobby for support.

Fortune

‌Iniciativa de procesamiento sin papel del IRS para ahorrar $ 2.6 billones en el déficit federal de EE. UU.

‌‌Yellen elogia el programa del IRS como un cambio de juego, insta al Congreso a que continúe apoyando.

Zenger

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IRS’s Paperless Processing Initiative To Save $2.6 Trillion In U.S. Federal Deficit

Yellen lauds IRS program as game-changer, urges Congress for continued support.

Zenger

Yellen Criticizes Fitch’s Credit Downgrade, Defends Strong US Economy

Treasury Secretary questions Fitch's assessment, highlights robust economic recovery

Zenger

Fitch just downgraded the U.S. credit rating — how much does it matter?

The U.S. is no longer rated at the top-notch AAA by Fitch. Here's what credit ratings are, and why they (mostly) matter.

WEKU

The US government's debt has been downgraded. Here's what to know

Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness, a move that contributed to sharply lower stock prices in Wednesday trading

The Independent UK

IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperwork

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025

The Independent UK

‘Erosion of governance’ led Fitch to downgrade US credit rating

Trump’s efforts to overturn election and political polarization led agency to decision, says senior director

The Guardian - US

Wall Street opens in the red amid global market rout after US credit downgrade – as it happened

Global stock markets tumble after Fitch downgrade; US ADP jobs report much stronger than expected

The Guardian - UK

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Al Jazeera

US credit rating downgraded over rising debt, ‘standards of governance’

The downgrade marks only the second cut by a major rating agency in US history.

WEKU

The U.S. loses its top AAA rating from Fitch over worries about the nation's finances

Fitch cut the federal government's top rating, citing rising deficits and a steady deterioration in governance over the last two decades. The action drew a sharp rebuke from the Biden administration.

The Independent UK

Fitch downgrades US credit rating, citing mounting debt and political divisions

Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades

The Independent UK

France's Le Maire presses China on market access and lobbies for electric car investment

The French finance minister says he pressed Chinese leaders to open their markets wider to foreign companies

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The Conversation

Here's how China is responding to US sanctions – with blocking laws and other countermeasures

After a recent meeting between U.S. Treasury Secretary Janet Yellen and officials in Beijing, China released a statement demanding “practical action” over the issue of sanctions. The implication was that the punitive measures – imposed by the U.S. government on hundreds of Chinese individuals and entities over the past few…

The Independent UK

Yellen visits Vietnam to build US ties and push supply chain diversity to offset tensions with China

U.S. Treasury Secretary Janet Yellen has told top Vietnamese officials that Washington considers building strong economic and security ties with Vietnam a priority

The Independent UK

Treasury Secretary Janet Yellen reportedly ate hallucinogenic mushrooms at restaurant during China visit

Mushrooms are delicacy in Yunnan province

France 24

G20 finance ministers meet as UNDP warns of 'human cost of inaction' on debt

US Treasury Secretary Janet Yellen has called on rich countries to speed up debt relief to developing nations ahead of the G20 finance ministers' meeting in India this week. Her call comes as a new report by the United Nations Development Programme (UNDP) shows that the number of countries that…

The Independent UK

In India, G20 finance chiefs set to address global challenges like climate change and rising debt

Finance ministers from the Group of 20 nations meeting in India are set to address critical global economic challenges, including the threat posed by climate change and rising debt among low-income countries

The Hindu

India, U.S. commit to strengthening ties, look for alternatives to fund energy transition

India and the U.S. committed to strengthening bilateral ties and actively pursue the G20 agenda, as Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen held bilateral meetings on the sidelines of the G20 Finance Ministers and Central Bank Governors meeting

Al Jazeera

Russia-Ukraine war: List of key events, day 509

These are the main developments as the Russian invasion of Ukraine enters its 509th day.

1 … 11 12 13 14

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