Fatima Hussein

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

Page 12 of 15

Angelia Jolie and Maddox Jolie-Pitt

Biden’s guests for a fancy black-tie dinner with South Korea’s president include Angelina Jolie, Chip and Joanna, and snowboarder Chloe Kim

By Darlene Superville, Fatima Hussein, and others

Treasury Secretary Janet Yellen speaks on the U.S.-China economic relationship at Johns Hopkins University School of Advanced International Studies, Thursday, April 20, 2023, in Washington. (AP Photo/Manuel Balce Ceneta)

Janet Yellen says the US and China ‘need to find a way to live together,’ but she’s kind of suggesting they’re not

By Fatima Hussein and The Associated Press

Danny Werfel, commissioner of the Internal Revenue Service (IRS), speaks after being ceremonially sworn in at the IRS headquarters in Washington, DC, US, on Tuesday, April 4, 2023. Werfel, confirmed by the Senate on March 9, was a global leader at the Boston Consulting Group and former acting administrator of the IRS under President Obama. Photographer: Ting Shen/Bloomberg via Getty Images

If you call the IRS you’ll probably get through pretty quickly in a dramatic break from years past

By Fatima Hussein and The Associated Press

FILE – A portion of the 1040 U.S. Individual Income Tax Return form is shown July 24, 2018, in New York. The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system for all. Congress has directed the IRS to report in on how such a system might work. (AP Photo/Mark Lennihan, File)

Personal Finance

Taxpayer advocates want the IRS to offer a free electronic tax-filing system. Intuit and H&R Block have spent millions lobbying against it

By Fatima Hussein and The Associated Press

Workers who are contracted to feed World Bank employees through a firm called the Compass Group, protest for higher wages and affordable healthcare benefits, Wednesday, April 12, 2023, outside of the World Bank in Washington. (AP Photo/Mariam Zuhaib)

The World Bank’s mission is to fight poverty. Workers at its headquarters are striking because they’re struggling to make ends meet

By Fatima Hussein and The Associated Press

Russian President Vladimir Putin meets with Russian Health Minister Mikhail Murashko at the Kremlin in Moscow, Russia, Friday, April 7, 2023. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)

America has a message for countries and companies still doing businesses with Russia: You’re with us or against us

By Fatima Hussein and The Associated Press

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 released details Thursday, April 6, on how it plans to use the $80 billion it’s getting to improve operations, promising investments in new technology, hiring more customer service representatives and expanding its ability to audit high-wealth taxpayers. Contrary to unfounded alarmist talk from Republicans, it won’t include spending for new IRS agents with guns, says IRS Commissioner Daniel Werfel. (AP Photo/Mariam Zuhaib, File)

The IRS plans to use its $80 billion windfall to update their tech and audit more rich people

By Fatima Hussein and The Associated Press

FILE – In this image taken from video, Managing Director Kristalina Georgieva of the International Monetary Fund speaks at the opening ceremony of the Boao Forum for Asia in Boao in southern China’s Hainan Province, March 30, 2023. The International Monetary Fund chief is warning the world economy is expected to grow less than 3% in 2023, down from 3.4% last year, increasing the risk of hunger and poverty globally. Kristalina Georgieva said Thursday growth is expected to remain around 3% for the next five years, calling it “our lowest medium-term growth forecast since 1990.” (AP Photo/Dake Kang, File)

The IMF warns that the next 5 years will have the slowest growth since 1990 and it could be a ‘severe blow’ to the world economy

By Fatima Hussein, Josh Boak, and others

Joe Manchin

Manchin says it’s ‘horrific’ that Janet Yellen’s Treasury just put $7,500 EV tax credits out of reach for millions of Americans

By Tom Krisher, Fatima Hussein, and others

Hand of a senior citizen.

Social Security and Medicare face a major financial shortfall in the next decade that will put millions of seniors in a huge bind

By Amanda Seitz, Fatima Hussein, and others

WASHINGTON, DC – MARCH 29: U.S. President Joe Biden makes brief remarks while hosting Argentinian President Alberto Fernandez for a meeting in the Oval Office at the White House on March 29, 2023 in Washington, DC. The two leaders are meeting on the sidelines of the second, mostly-virtual Summit for Democracy after a previously planned meeting was postponed last year when Biden tested positive for COVID-19. (Photo by Chip Somodevilla/Getty Images)

After bank failures, Joe Biden raises the alarm to restore ‘common-sense’ rules that Donald Trump weakened

By Fatima Hussein, Josh Balk, and others

Barack Obama and Janet Yellen

Janet Yellen called up Hank Paulson with the banking system on the brink. ‘It’s really hard to stop or even slow down a bank run,’ he said.

By Fatima Hussein and The Associated Press

Janet Yellen, US Treasury secretary, speaks during a Senate Finance Committee hearing

Janet Yellen tries to project calm after bank failures: ‘The situation is stabilizing’

By Fatima Hussein and The Associated Press

Janet Yellen

Janet Yellen insists the banking system ‘remains sound’ days after 2 of the 3 largest bank failures in American history

By Fatima Hussein and The Associated Press

Jerome Powell

‘It’s inexplicable’: Critic rips Fed for missing SVB risk with Wall Street ‘publicly screaming about these very issues for many, many months’

By Christopher Rugaber, Fatima Hussein, and others