Alan Rappeport
Posts
Yellen Says Stable Financial System Is Key to U.S. Economic Strength
The Treasury secretary will offer an upbeat assessment of the economy on Tuesday, a year after the nation’s banking system faced turmoil.
Top U.S. Treasury Officials to Visit Beijing for Economic Talks
A meeting of the new economic working group comes as the U.S. and China are trying to prevent any escalation of hostilities.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
Yellen Hits Trump Over Handling Of Economy
The Treasury Secretary acknowledged that consumer prices, which have weighed on economic sentiment, continue to be too high.
Inflation Is Moderating, but Pressure Remains on Biden
Voters have taken a downbeat view of the economy because costs have remained stubbornly high.
Effort to Revamp I.R.S. Struggles Despite Multibillion-Dollar Infusion
The Office of the National Taxpayer Advocate lamented that the tax collection agency, which now faces budget cuts in Congress, is still struggling to answer...
World Bank Warns of Energy Price Surge if Mideast War Spreads
A new economic report predicted a year of weak growth and said the world faced a decade of “wasted opportunity.”
U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies
President Biden will sign an executive order granting the Treasury Department broader powers to curb the flow of weapons components.
G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.
Clean Energy Tax Credits Leave the Door Open to Chinese Investment
The Treasury Department pledged to carefully scrutinize foreign investments in the United States for national security threats.