US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial "contagion" from the implosion of the Silicon Valley Bank but ruled out a bailout of the institution.

Climate change may trigger asset value losses in coming years that could cascade through the US financial system, according to US Treasury Secretary Janet Yellen.

US Treasury Secretary Janet Yellen says “every responsible member of Congress” must agree to raise the debt ceiling.

US Treasury Secretary Janet Yellen has warned that the United States is facing a catastrophic debt crisis if Congress fails to raise the statutory debt ceiling to fend off a default.

US Treasury Secretary Janet Yellen has warned that the United States could see a recession and "cause a global financial crisis" if it defaults on its national debt as lawmakers grapple over raising the debt limit.

US Treasury Secretary Janet Yellen has sounded the alarm on the possibility of the United States defaulting on its national debt as lawmakers grapple with a fast-approaching breach of the debt limit.

The Russian embassy in Washington said Moscow was “confident Russian oil will continue to be in demand.”