Bloomberg Treasury Secretary Janet Yellen said the US can return to full employment in 2022 if it enacts a robust enough coronavirus stimulus package, but otherwise risks a slower rebound in jobs and the economy. “I’m afraid that the job market is stalling,” she said on CBS’s “Face the Nation,” in one of two interviews. Yellen said that low-wage earners, ...

Bloomberg Hong Kong’s stock traders are about to find out whether the $7.3 trillion market can hold its own without its biggest source of flows. Starting Tuesday, trading links via Hong Kong’s exchange operator allowing mainland traders to buy domestic stocks will halt through February 17 due to the Lunar New Year holiday. The stock connect closure will slam the ...

Bloomberg Global stocks rise to a record on reflation bets after Janet Yellen pushed for rapid US stimulus and coronavirus infections slowed across the globe. Brent oil advanced above $60 a barrel for this first time in more than a year. US equity futures received a boost from comments by Treasury Secretary Yellen that the US can return to full ...