Alan Rappeport
Posts
IRS to Stop Surprise Visits to Homes and Businesses
The end of a decades-long practice comes amid political backlash and increasing threats to agents.
Janet Yellen Calls for Accelerating Debt Relief for Poor Nations
Helping the world’s low-income countries will be a central topic as U.S. Treasury Secretary Janet Yellen and other G20 finance ministers gather in India.
Treasury Taps Sanctions Architect to Lead Financial Crimes Team
Andrea Gacki has played a leading role in designing sanctions that the U.S. has imposed on Russia as punishment for its invasion of Ukraine.
Biden Touts ‘Bidenomics in Action’ as Inflation Eases
The White House has been making the case that the president’s policies have kept the economy on a steady path and maintained a healthy labor...
Janet Yellen Criticizes China’s Treatment of U.S. Companies
Treasury Secretary Janet Yellen’s concerns reflected continuing tensions between the two countries.
Yellen Faces a Diplomatic Test in Her High-Stakes Visit to China
The Treasury secretary will need to defend export controls and tariffs while explaining that the United States does not aim to harm China’s economy.
Yellow Trucking Company May Be Headed Toward Bankruptcy
Three years after receiving a pandemic relief loan, the trucking company Yellow has repaid little of the money and is warning that it could soon...
U.S. National Debt Tops $32 Trillion for First Time
The milestone follows a recent congressional showdown over lifting the debt ceiling. Another spending fight looms this year.
Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.
World Bank Projects Weak Global Growth Amid Rising Interest Rates
A new report projects that economic growth will slow this year and remain weak in 2024.