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  • US stocks gain after Treasury Secretary Yellen pushes for more stimulus

    9 days ago - By Business Insider

    Treasury secretary Janet Yellen pushed for stimulus checks
    Andrew Harnik/AP
    US stocks gained on Friday after Treasury Secretary Janet Yellen advocated for more stimulus. "The price of doing too little is much higher than the price of doing something big," Yellen said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks moved higher on Friday, rebounding from a three-day losing streak after Janet Yellen advocated for more stimulus spending. In a Thursday interview, Yellen told CNBC that there's a lot of pain in the economy still, evidenced by the recent...
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  • Janet Yellen says investors should be wary of the stock market's high-flying sectors

    9 days ago - By Business Insider

    Janet Yellen previously suggested the use of cryptocurrencies like bitcoin should be 'curtailed'.
    Manuel Balce Ceneta/AP
    Low interest rates are helping stocks rise, but investors should be careful in some highly valued sectors, Treasury Secretary Janet Yellen said. The crypto boom is also sounding alarms in Washington, she said, adding that bitcoin is a "highly speculative asset." While stimulus has been blamed for risk-taking, Yellen argued additional aid is needed to fuel a full recovery. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Stimulus hopes and falling...
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