Fatima Hussein

Stay informed with Fatima Hussein’s coverage and analysis for Fortune.

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  • Treasury Secretary Janet Yellen, left, shakes hands with Chinese Vice Premier He Lifeng while standing in front of their respective country's flagPolitics

    Janet Yellen meets with her Chinese counterpart in San Francisco with a Xi-Biden meeting expected next week

    By Fatima Hussein, Didi Tang, and others
  • FILE – Treasury Secretary Janet Yellen speaks at the Atlantic Council Global Citizen Awards, Sept. 20, 2023, in New York. Taxpayers will be able to digitally submit all sorts of tax documents and other communications to the IRS months earlier than originally planned under a new timetable being announced Tuesday, Nov. 7. (AP Photo/Julia Nikhinson, File)Personal Finance

    Treasury Secretary Janet Yellen says IRS plan to let taxpayers submit tax documents digitally is months ahead of schedule

    By Fatima Hussein and The Associated Press
  • World BankFinance

    The World Bank sees oil exploding to $157 per barrel in the worst-case scenario from the Israel-Hamas war

    By Fatima Hussein and The Associated Press
  • FILE – Ajay Banga, World Bank president, participates in global infrastructure and investment forum in New York, Sept. 21, 2023. Economic crises are rippling through the countries bordering Israel. Banga warned at a conference in Saudi Arabia this week that the war puts economic development at a “dangerous juncture.” (AP Photo/Seth Wenig, Pool)Finance

    Israel-Hamas war could lead to economic chaos in Egypt, Lebanon and Jordan and even cause governments to collapse, experts warn

    By Fatima Hussein, Josh Boak, and others
  • WASHINGTON – APRIL 19: Internal Revenue Service Commisioner Daniel Werfel testifies during the Senate Finance Committee hearing on “The President’s Fiscal Year 2024 IRS Budget and the IRS’s 2023 Filing Season” on Wednesday, April 19, 2023. (Bill Clark/CQ-Roll Call, Inc via Getty Images)Personal Finance

    Thousands of taxpayers will be invited to test a new online tax filing system aimed at bringing the IRS into the 21st century

    By Fatima Hussein and The Associated Press
  • Karla AbbottPersonal Finance

    A 61-year-old who’s been saving for retirement since 18 sees a problem—Social Security isn’t going up nearly as fast as inflation

    By Fatima Hussein and The Associated Press
  • US Attorney General Merrick Garland holds a press conference to announce disruptions of the fentanyl precursor chemical supply chain at the Justice Department in Washington, DC on October 3, 2023. The United States announced sanctions Tuesday on a China-based network for producing and distributing chemicals used to make drugs including those that have fueled a deadly national fentanyl crisis. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)Finance

    Biden administration announces sweeping legal actions against Chinese fentanyl chemical producers

    By Fatima Hussein, Eric Tucker, and others
  • Janet Yellen, He Lifeng

    Janet Yellen reveals a China/U.S. working group to ease tensions and ‘promote a healthy economic competition’

    By Fatima Hussein and The Associated Press
  • Bill GatesEnvironment

    Bill Gates sees ‘a lot of climate exaggeration’ out there: ‘The climate is not the end of the planet. So the planet is going to be fine’

    By Seth Borenstein, Fatima Hussein, and others
  • FILE – Daniel Werfel testifies before the Senate Finance Committee during his confirmation hearing to be the Internal Revenue Service Commissioner, Feb. 15, 2023, in Washington. The IRS announced Friday, Sept. 8, that it is launching a new effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes. (AP Photo/Mariam Zuhaib, File)Tech

    The IRS—with A.I. help—is going after 1,600 ultra-rich Americans it says owe at least $250,000 each in back taxes

    By Fatima Hussein and The Associated Press
  • BURBANK, CALIFORNIA – AUGUST 25: Latinas Acting Up members join the picket line outside Warner Bros. Studios on August 25, 2023 in Burbank, California. Members of SAG-AFTRA and WGA (Writers Guild of America) have both walked out in their first joint strike against the studios since 1960. The strike has shut down a majority of Hollywood productions with writers in the third month of their strike against the Hollywood studios. (Photo by David Livingston/Getty Images)Success

    The White House thinks stronger unions can revive the middle class that has been stagnant since the 1970s: ‘Building the economy from the middle out’

    By Fatima Hussein, The Associated Press, and others
  • FILE – Sen. Elizabeth Warren, D-Mass., speaks during a Senate Committee on Banking, Housing and Urban Affairs hearing on oversight of the credit reporting agencies at Capitol Hill in Washington, Thursday, April 27, 2023. On Thursday, Warren and Rep. Katie Porter, D-Calif., sent letters to the executives of Intuit, H&R Block, the Free File Alliance, and American Coalition for Taxpayer Rights, seeking information specifics on the amount of money firms have made since being members of the Free File Alliance and information on the number of former government workers who’ve joined their firms in the past two years. (AP Photo/Jose Luis Magana, File)Finance

    Democratic lawmakers say tax-prep firms ran ‘a long and aggressive lobbying campaign’ to stop Americans from doing their own taxes

    By Fatima Hussein and The Associated Press
  • Finance

    IMF now sees world economy growing a bit more than forecast, but warns ‘it is too early to celebrate’

    By Fatima Hussein and The Associated Press
  • The Internal Revenue Service (IRS) headquarters, in Washington, DC on January 10, 2023. – In one of its first legislative moves, House Republicans voted on January 9, 2023to rescind some $70 billion in funding for the IRS. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)Politics

    You no longer need to worry about IRS agents showing up at your door after the agency reverses a longtime policy of unannounced visits

    By Fatima Hussein and The Associated Press
  • FILE – The exterior of the Internal Revenue Service (IRS) building in Washington on March 22, 2013. The IRS is showcasing its new capability to aggressively audit high-income tax dodgers as it makes the case for sustained funding and tries to avert budget cuts sought by Republicans who want to gut the agency. IRS leaders said they collected $38 million in delinquent taxes from more than 175 high-income taxpayers in the past few months.(AP Photo/Susan Walsh, File)Finance

    IRS says new audit funds have helped it collect $38 million in delinquent taxes from over 175 high-income taxpayers

    By Fatima Hussein and The Associated Press