Fatima Hussein

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

Page 9 of 14

  • FILE – Phillip Swagel, Director of the Congressional Budget Office, testifies during a Senate Budget Committee hearing about Social Security, July 12, 2023, on Capitol Hill in Washington. The Congressional Budget Office said Friday, Dec. 15, that it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years. (AP Photo/Jacquelyn Martin, File)Politics

    Inflation will fall to nearly 2% next year but unemployment will surge, Congressional Budget Office predicts

    By Fatima Hussein and The Associated Press
  • Treasury Secretary Janet YellenFinance

    Treasury Secretary Janet Yellen says Trump’s China tariffs left America ‘vulnerable and more isolated’ in rare rebuke of GOP front-runner

    By Fatima Hussein and The Associated Press
  • FILE – A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File)Personal Finance

    IRS won’t be cracking down on your Venmo and other payment app sales just yet

    By Fatima Hussein and The Associated Press
  • Vladimir PutinPolitics

    Putin just got caught red-handed using UAE firms to carry oil above the $60 price cap—and new sanctions are coming

    By Fatima Hussein and The Associated Press
  • 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