President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to be Treasury Secretary, the Wall Street Journal reported on Monday, after Biden previously said his nominee would “be accepted by all elements of the Democratic Party.” If confirmed, Yellen — the first woman to chair the Fed — will smash another glass ceiling by becoming the first woman to lead the Treasury Department. In making such a choice, President-elect Biden is distinguishing himself from former… Source link
Read More »Fed, Treasury Secretary Mnuchin at odds over letting emergency lending programs expire
TipRanks Shift Into 5G Could Fuel a Rally in These 3 Stocks The tech world is in the midst of a shake-up. Since the end of 2017, the new 5G wireless technology has been moving forward, bringing with it a combination of faster connection speeds and lower latency, and the promise of great changes in how we connect to the online world. New technologies – connected automobiles and agile IoT come to mind – would not be possible without 5G.Investment research firm HSBC Global, in a recent report… Source link
Read More »