6. While visiting China, US Treasury Secretary Janet Yellen said that she would not rule out potential tariffs on China’s green energy exports, including products like solar panels and electric vehicles. (CNBC) Lost in translation Hong Kong’s food delivery scene used to be split between the ...
Some may think the ubiquity of Chinese products is due to the abundance of cheap Chinese labor that brings down theproduction costs, but there is much more to it than that. In addition to its low labor costs, China has become known as “the world’s factory” because of its low wages,...
Chinese President Xi Jinping is received by California Governor Gavin Newsom, US Treasury Secretary Janet Yellen, and other US representatives at San Francisco International Airport on Tuesday. In the iconic cityscape of San Francisco, a meetin...
Watch for Yellen and her Fed cohorts to say more about China when their next policy statement is released on April 27. Until a Chinese turnaround is well established, U.S. interest rates probably aren't going anywhere.
The Fed meets next week, with Fed ChairJanet Yellenpresiding for the first time and conducting the post-meeting press briefing. "Is anyone worried about the Fed? No, they're going to taper," said Lyngen. (Read more:Stock market in 'euphoria mode': Citi strategist) ...
The specter of interest rate hikes from the Federal Reserve sometime this year -- ending the zero-interest rate policy going back to 2008 -- is the primary concern. Fed Chair Janet Yellen hasn't soothed nerves either, recently warning that her institution is on track for rate hikes this...
Related articleMushroom diplomacy: US Treasury Secretary Janet Yellen sets off culinary craze in China “While the findings are interesting, we’d need a more extensive study to offer a deeper and more nuanced understanding of why travelers make certain food choices abroad,” he notes. In the ab...
Hear Janet Yellen's warning if debt ceiling agreement is not reached 02:54 Bankers dig in as recession looms in Europe 06:21 London CNN Business — Nearly two decades have passed since a coronavirus known as SARS emerged in China, killing hundreds of people and sparking panic that sent...
Hear Janet Yellen's warning if debt ceiling agreement is not reached 02:54 Bankers dig in as recession looms in Europe 06:21 Disney just threw down the gauntlet in the WFH battle 02:05 Hear why this bar owner decided to open a non-alcoholic bar ...
Yellen this week said it would destroy jobs and businesses, and leave millions of families who rely on federal government payments to “likely go unpaid,” including Social Security beneficiaries, veterans and military families. “A default could cause widespread suffering as Americans lose the ...