Tuesday, February 27, 2024

Moves to unlock value of frozen Russian assets 'necessary and urgent': Janet Yellen

U.S. Treasury Secretary Janet Yellen, speaking at a news conference ahead of meetings with her G7 and G20 counterparts, said the U.S. and its allies were evaluating different options for some $285 billion in Russian assets immobilized in 2022 and the associated risks.

from Economic Times https://ift.tt/qu3bveX

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...