Yellen ignites internet backlash after saying Americans ‘generally are better off’

Yellen ignites internet backlash after saying Americans ‘generally are better off’

‘That is deranged’: Yellen ignites internet backlash after saying Americans ‘generally are better off’ Inflation impacts everyone by eroding the purchasing power of money. However, despite rising price levels in the U.S., Treasury Secretary Janet Yellen maintains that Americans are not worse off. During a recent House Ways and Means Committee hearing, Yellen stated, “People …

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Wall Street high on AI euphoria

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Markets positive Wall Street hit another record on Friday as …

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