Treasury Secretary Janet Yellen urged China to shift from a state-driven approach in economic policy to healthy competition with the United States, saying that their current approach is "unfair." "The ...

Longtime University of Minnesota economics professor and 2004 Nobel laureate Edward Prescott is dead. So is the 1995 laureate, Robert Lucas, a University of Chicago prof who had a long research ...

U.S. Treasury Secretary Janet Yellen raised concerns to China about the communist country's "unfair, non-market" economic practices in a call with a Chinese official. Yellen's comments were made ...