S&P 500 - % Dow - % Nasdaq - %The Justice Department sues to block a major insurance brokers’ merger. “We need to make these investments at some point, and now is fiscally the most strategic time to make them,” Ms. Yellen said. “We need to remedy this lack of investment,” Ms. Yellen said. Ms. Yellen argued on Wednesday that because interest rates are so low, this is the best time to spend. “We have a window to invest in ourselves.” Asked about inflation, Ms. Yellen said that she is not taking the threat lightly.

Source: International New York Times June 16, 2021 09:58 UTC