Fatima Hussein

Stay informed with Fatima Hussein’s coverage and analysis.

Page 13 of 16

  • 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)Finance

    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 ManchinPolitics

    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.Politics

    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)Finance

    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 YellenFinance

    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 hearingFinance

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

    By Fatima Hussein and The Associated Press
  • Janet YellenFinance

    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 PowellFinance

    ‘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
  • U.S. President Joe Biden delivers remarks on stageFinance

    Joe Biden’s ability to avert SVB contagion will test his claim that his administration represents competence in contrast to Trump’s chaos

    By Seung Min Kim, Fatima Hussein, and others
  • Andrew Adams, director of the Justice Department’s KleptoCapture task force, designed to enforce the economic restrictions imposed on Russia and its billionaires, speaks to the Associated Press in an interview at the AP bureau in Washington, Wednesday, March 1, 2023. (AP Photo/Andrew Harnik)Finance

    U.S. turns up its economic war on Russian oligarchs with harsher tools

    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, Wednesday, Feb. 15, 2023, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib, File)Finance

    The Senate just confirmed a new IRS chief who promised to lay off audits for households making less than $400,000 a year

    By Fatima Hussein and The Associated Press
  • UNITED STATES – MARCH 6: President Joe Biden speaks during the International Association of Fire Fighters 2023 Legislative Conference at the Hyatt Regency on Capitol Hill on Monday, March 6, 2023. (Tom Williams/CQ-Roll Call, Inc via Getty Images)Politics

    White House ratchets up fight against ‘abusive’ junk fees on everything from airline tickets to credit cards

    By Fatima Hussein and The Associated Press
  • St. Basil’s cathedral, Red Square, Russia.Finance

    America just dropped new sanctions on Russia on the 1-year anniversary of the Ukraine invasion: ‘We will stand with Ukraine for as long as it takes’

    By Fatima Hussein and The Associated Press
  • FILE – MasterCard CEO Ajay Banga speaks to reporters in New York, April 6, 2011. Former Mastercard CEO Ajay Banga has been nominated by the U.S. to lead the World Bank, President Joe Biden announced on Thursday morning. The news comes days after Trump-appointee David Malpass announced plans to step down from his role leading the 189-nation agency. (AP Photo/Seth Wenig, File)Finance

    Biden just named the former Mastercard CEO as his pick to lead the World Bank, the first Indian-born nominee

    By Fatima Hussein and The Associated Press
  • FILE – President Vladimir Putin speaks in his annual televised New Year’s message after a ceremony during a visit to the headquarters of the Southern Military District, at an unknown location in Russia, Dec. 31, 2022. American and allied sanctions and export controls are constraining Russia’s ability to wage war on Ukraine by degrading its military, a top Treasury Department official says. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP, File)Finance

    A top US official says sanctions have ‘degraded’ Russia’s ability to wage war and undercut its ‘military-industrial complex’

    By Fatima Hussein and The Associated Press