Tag: Treasury Department

Rates Are Jumping on Wall Street. What Will It Do to Housing and the Economy?

A run-up in longer-term interest rates could help the Federal Reserve get the economic cool-down it wants — but it also risks a bumpy landing.

A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight

Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary.

U.S. Aims New Sanctions at Russian Military Supply Chains

The sanctions are intended to deprive President Vladimir V. Putin of equipment and technology “he needs to wage his barbaric war on Ukraine,” Treasury Secretary Janet Yellen said.

Biden Celebrates Inflation Reduction Act’s Effects on Law’s First Anniversary

The anniversary of the Inflation Reduction Act happened to coincide with a significant decrease in the inflation rate, but the law was really about priorities like clean energy, drug prices and corporate taxes.