Democratic Sen. Ron Wyden says some conservatives believe the recent wave of inversions hurts Congress' ability to revamp the tax code.» Read More
SHANGHAI, July 2- China's yuan dropped against the dollar on Wednesday after the central bank fixed a weaker official midpoint, a move traders said signalled the authorities do not want the yuan to rise above the psychologically important 6.20 level for now.
WASHINGTON- The US-China Business Council will host a conversation with U.S. The Wall Street Journal's Sudeep Reddy will moderate the discussion. LONDON- Bank of England Deputy Governor Ben Broadbent speaks at Adam Smith Institute' Power Lunch'.
The Obama administration said it would boost construction of affordable rental housing and extend a program that helps homeowners avoid foreclosure.
WASHINGTON, June 26- The Obama administration said on Thursday it would tap Treasury funds to bolster the construction of affordable rental housing and extend the life of a program aimed at helping homeowners avoid foreclosure.
WASHINGTON, June 26- The Obama administration on Thursday said it would tap Treasury funds to bolster the construction of affordable rental housing and extend the life of a program aimed at helping struggling homeowners avoid foreclosure.
Ambassador to China Max Baucus said on Wednesday in the first major public address of his tenure, warning that Washington would continue to pressure Beijing. In May, Washington indicted five Chinese military officers for hacking U.S. companies, prompting Beijing to suspend a Sino-U.S. working group on cyber issues.
SHANGHAI, June 18- China's scuppering of a planned alliance of the world's top three container shipping lines signals its protectionist stance on key industries and is a reminder to foreign firms to not take Beijing's nod for granted on deals, analysts and lawyers said.
Federal Reserve's Federal Open Market Committee announces decision on interest rates, followed by Federal Reserve chair Janet Yellen's quarterly news conference- 1830 GMT. LONDON- UK Finance Minister George Osborne hosts First UK/China Financial Forum.
Commerce Secretary Penny Pritzker gives a keynote address at a conference on Skills Training for a Modern Manufacturing Workforce: Does the German Model Have Lessons for the United States?
WASHINGTON- International Monetary Fund releases its annual review of the U.S. economy- 1330 GMT. SANTANDER, Spain- Seminar on "The Europe left by the crisis". Speakers:- European Commission President Jose Manuel Durao Barroso, Spain's Economy Minister Luis de Guindos and Bank of Spain Deputy Governor Fernando Restoy.
Treasury Under Secretary for Domestic Finance Mary Miller speaks before the 42nd Annual National Housing Conference Policy Symposium- 1315 GMT. DUBROVNIK, Croatia- 20th Dubrovnik Economic Conference organized by the Croatian National Bank in Dubrovnik, Croatia.
Treasury Secretary Jack Lew speaks before a breakfast meeting of the Economic Club of New York in New York. CAMBRIDGE, United States- U.S. Treasury Office of Financial Research Director Richard Berner speaks before the Inaugural Annual Public Conference of the Consortium for Systemic Risk Analytics in Cambridge- 1330 GMT.
MADRID- Bank of Spain Governor Luis Maria Linde to open economist conference in Madrid- 0800 GMT. CLEVELAND, United States- Federal Reserve Bank of Cleveland President Sandra Pianalto speaks before the Inflation, Monetary Policy, and the Public conference hosted by the Federal Reserve Bank of Cleveland- 1230 GMT.
Speakers:- Swiss Finance Minister Eveline Widmer-Schlumpf, former Austrian Finance Minister Maria Fekter and IMF's Chief of World Economic Studies Division in Research Department Thomas Helbling. TOKYO- Bank of Japan releases the minutes of its April policy-setting meeting- 2350 GMT.
WASHINGTON, May 23- A best-selling book by a French economist on rising wealth inequality has come under fire after the Financial Times newspaper said on Friday that an investigation it carried out found a series of errors that skewed the author's findings.
The U.S. Chamber of Commerce, in a private letter sent last month to Secretary of State John Kerry and Treasury Secretary Jacob Lew, urged Washington to get tough with Beijing on its use of anti-competition rules, noting that "concerns among U.S. companies are intensifying."
Jacob Lew is warning Russia that it could face tougher sanctions over Ukraine, but other powers are reluctant to go along.
Treasury Secretary Jack Lew provides perspective on a CBO study which looked at the economic benefits of immigration reform.
CNBC's Steve Liesman recaps his interview with Jack Lew where the Treasury Secretary had a strong economic message for the rest of the world, particularly China.
Treasury Secretary Jack Lew told CNBC that the U.S. is leading the global economic recovery, despite still having "a lot of work to do."