All About Everything

The Debt Question Facing Janet Yellen: How Much Is Too Much?

Treasury secretary nominee supports Biden plans that add trillions to U.S. borrowing, a turnabout in economic thinking. Former Federal Reserve Chairwoman Janet Yellen testifying before a House committee in November 2015. Chip Somodevilla/Getty ...

Biden's Wall Street Watchdogs Signal New Era of Tough Oversight

Biden's SEC pick, former Commodity Futures Trading Commission Chairman Gary Gensler, 63, is known for sparring with the industry as the nation's top derivatives watchdog during the Obama administration and for his deep knowledge of finance as an ex- ...

Biden Taps Gensler as SEC Chairman, FTC's Chopra as CFPB Chief

President-elect Joe Biden has picked a pair of veteran regulators strongly backed by progressive Democrats to lead two key Wall Street watchdogs, signaling that his administration is planning tough oversight after four years of light-touch policies under ...

China Still Grew and Fueled Its Rise as Covid-19 Shook the Global Economy

BEIJING—China's geopolitical rise over the past four decades has been fueled by sizzling economic growth that regularly featured years of double-digit percentage-point gains. In 2020, China advanced its aspirations by simply emerging with its growth intact ...

China's fourth quarter GDP grows 6.5% year-on-year, beats expectations

(Reuters) - China's economy grew at a faster-than-expected pace in the fourth quarter of last year, ending a rough coronavirus-stricken 2020 in remarkably good shape and remained solidly poised to expand further this year. People wearing face masks ...

Dollar reaches one-month highs as markets eye Biden's FX policy

LONDON (Reuters) - The U.S. dollar strengthened for a third consecutive day on Monday, reaching a four-week high, as risk aversion swept through currency markets, knocking the Australian dollar and the British pound lower. FILE PHOTO: A U.S. Dollar ...

ECB's latest stimulus expected to have little impact on euro zone economy - Reuters poll

BENGALURU (Reuters) - The European Central Bank's new policy package will have little effect on the euro zone's coronavirus-ravaged economy, according to the forecasts of a Reuters poll of economists, who nearly halved their outlook for first-quarter ...

Yellen to Enter Firing Line on Biden Aid as Recovery Fades

Treasury Secretary nominee Janet Yellen on Tuesday steps into a new role following more than a quarter-century in government: salesperson for economic policy after years of defending Federal Reserve thinking and actions. The Senate Finance ...

Biden nominates Gary Gensler for SEC commissioner, Rohit Chopra to lead Consumer Financial Protection Bureau

CNN

CNN

Gensler and Chopra are both allies of Massachusetts Sen. Elizabeth Warren. Currently a member of the Federal Trade Commission, Chopra will -- if confirmed -- return to the CFPB, where he previously worked as its top student loan watchdog.

Bank of Israel seeks to prevent 'over-appreciation' of shekel - deputy governor

http://hamodia.com

JERUSALEM (Reuters) - The Bank of Israel's decision to sharply raise its foreign exchange intervention is largely meant to help exporters survive until factors that boosted the shekel last year subside, deputy governor Andrew Abir said on Monday. The central ...