Money and Policy

Politics

Yellen says women face many obstacles in economics careers

Janet Yellen, the first woman to head the Federal Reserve and the U.S. Treasury Department, says women seeking to pursue careers in economics face a number of obstacles from the way beginning economics courses are taught to overly aggressive questioning in college seminars.

Economy

$15 minimum wage loses eight Democratic votes in Senate

Senate parliamentarian Elizabeth MacDonough last week ruled against a proposal to include the wage hike in Democrats’ $1.9 trillion COVID-19 relief bill, but Sen. Bernie Sanders, I-Vt., introduced an amendment that needed votes from all 50 Senate Democrats and at least 10 Republicans to pass.