Yellen Warns of ‘Catastrophic’ Consequences From Debt Limit Breach

The Treasury secretary, testifying alongside Jerome H. Powell, the Federal Reserve chair, implored Congress to raise or suspend the nation’s borrowing cap before an Oct. 18 deadline.

Opinion | How a Princeton Economist Teaches Resilience

Through the pandemic, Markus Brunnermeier conducted remarkable video seminars with leading thinkers in his field.

As Debt Default Looms, Yellen Faces Her Biggest Test Yet

The Treasury secretary must wade into a standoff between Democrats and Republicans over raising the debt limit.

Fed Officials’ Trading Draws Outcry, and Fuels Calls for Accountability

Central bank regional presidents traded securities in markets in which Fed choices mattered in 2020. Here’s why critics find that troubling.

Crypto’s Rapid Move Into Banking Elicits Alarm in Washington

The boom in companies offering cryptocurrency loans and high-yield deposit accounts is disrupting the banking industry and leaving regulators scrambling to catch up.

The I.M.F. says it will block Afghanistan from getting $460 million in reserve funds.

The International Monetary Fund, which was set to release the funds next week, cited the “lack of clarity” over recognition of the Taliban as the country’s legitimate government.

Janet Yellen Gets a Chance to Shape the Fed, This Time From Outside

As Jerome H. Powell nears the end of his term as Federal Reserve chair, Ms. Yellen will have a say over whether he should stay on. Many progressive Democrats want him replaced.

I.M.F. Board Backs $650 Billion Aid Plan to Help Poor Countries

The expansion of emergency reserves to help fund vaccines and pay down debt is politically contentious in the United States.

Finance Ministers Meet in Venice to Finalize Global Tax Agreement

The Group of 20 gathering begins a crucial stretch in yearslong negotiations.

Biden’s Push for Equity in Government Hits Legal and Political Roadblocks

No part of President Biden’s agenda has been as ambitious as his attempt to place concerns about equity squarely at the center of the federal government’s decision-making.

Opinion | Yellen’s New Alliance Against Leprechauns

Is the world finally ready to take on tax havens?

Yellen Won a Global Tax Deal. Now Comes the Hard Part.

The Treasury secretary worked with finance ministers from the G7 to win support for a global minimum tax. But selling the idea to Republican lawmakers will not be easy.

Finance Leaders Reach Global Tax Deal Aimed at Ending Profit Shifting

The Group of 7 nations agreed to back a new global minimum tax rate that companies would have to pay regardless of where they are based.

Finance Leaders Reach Global Tax Deal Aimed at Ending Profit Shifting

The Group of 7 nations agreed to back a new global minimum tax rate that companies would have to pay regardless of where they are based.

Global Finance Leaders Move Closer to International Tax Agreement

The overhaul under discussion includes a minimum tax that companies would pay regardless of where their headquarters were.

Yellen Aims to Win Support for Global Tax Deal

The Biden administration is trying to persuade other nations to approve a global minimum tax as it works to curb profit shifting and raise corporate taxes in the United States.

Biden’s Budget Sees Low Inflation, Rising Debt and Slow Economic Growth

The proposal sheds new light on President Biden’s economic agenda and underscores the administration’s belief that the country’s fiscal situation is manageable.

Get Ready for Financial Shocks From Climate Change, Biden Tells Officials

A warming planet holds potential risks for home prices, investments, banking and other aspects of the global economy, the government said.

U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting Overseas

The Biden administration wants other countries to back a minimum tax as part of its plan to raise the U.S. corporate tax rate to 28 percent from 21 percent.

Get Ready for Financial Shocks From Climate Change, Biden Tells Officials

A warming planet holds potential risks for home prices, investments, banking and other aspects of the global economy, the government said.