• Treasury Secretary Yellen hints at rise in rates. What to make of the signal

    8 days ago - By CNBC

    The former Fed chair's comments about an eventual rise in interest rates shouldn't shake markets too much, one market analyst says.
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  • Yellen says U.S. pushing to end global 'race to the bottom' on corporate taxes

    8 days ago - By CNBC

    Treasury Secretary Janet Yellen said she's encouraged so far by developments in talks with other countries on a global minimum corporate tax.
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  • Tech stocks plummet as Yellen says interest rates may need to rise

    8 days ago - By Business Insider

    A trader works on the floor at the New York Stock Exchange in New York City, U.S., March 5, 2020.
    Andrew Kelly/Reuters
    US stocks sank Tuesday as Treasury Secretary Yellen said interest rates may need to rise to prevent the economy from overheating.
    Tech stocks led losses with Apple, Amazon, and Tesla all in the red at the close.
    The Treasury Secretary's comments contrast with the Fed's plans to hold rates near zero through 2023.
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    US stocks dropped sharply on Tuesday after Treasury Secretary Janet Yellen said interest...
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  • Tech stocks plummet as Yellen says interest rates may need to rise

    Tech stocks plummet as Yellen says interest rates may need to rise

    8 days ago - By Business Insider

    Summary List Placement US stocks dropped sharply on Tuesday after Treasury Secretary Janet Yellen said interest rates may need to rise modestly to prevent the economy from overheating. Tech stocks led losses with shares of Apple, Tesla , and Amazon sinking into the close.
    The Treasury Secretary's comments contrast with the Fed's plans to hold rates near zero through 2023, a policy that's been positive for high-growth technology companies. Her comments come as investors worry that massive fiscal spending could lead to a spike in inflation.
    "It may be that interest rates will have to rise...
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  • Treasury Secretary Janet Yellen says a 'shocking' $7 trillion in taxes are going uncollected

    Treasury Secretary Janet Yellen says a 'shocking' $7 trillion in taxes are going uncollected

    8 days ago - By Business Insider

    Summary List Placement Treasury Secretary Janet Yellen said a "shocking" amount of taxes are going uncollected by the federal government, and urged additional action to fetch this money from the wealthiest Americans.
    "It's really shocking and distressing to see estimates suggesting that the gap between what we're collecting in taxes on current tax and what we should be collecting - if everybody were paying for taxes that are due - that amounts to over $7 trillion over a decade," Yellen said in an interview with The Atlantic published on Tuesday.
    She went on: "We're trying to make...
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