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Photos: Chip Somodevilla/Getty Images; Fabrice Coffrini/AFP via Getty Images

Treasury Secretary Steven Mnuchin took aim Thursday at teenage climate change activist Greta Thunberg during a press conference at the World Economic Forum in Davos, Switzerland, questioning if she is even qualified to talk about economic challenges, Bloomberg reports.

"Is she the chief economist? Who is she? I'm confused ... After she goes and studies economics in college, she can come back and explain that to us."

The big picture: Thunberg, who was also in Davos, called out government officials on the issue of climate change earlier in the week, saying, "I wonder what will you tell your children was the reason to fail and leave them facing the climate chaos you knowingly brought them?"

Flashback: President Trump and Thunberg have previously sparred, most notably over Time's decision to name Thunberg as its 2019 Person of the Year.

  • Trump used a speech at Davos earlier in the week to refer to climate change activists as the "heirs of yesterday’s foolish fortune tellers."

Go deeper:

Go deeper

Biden condemns Russian aggression on 7th anniversary of Crimea annexation

Putin giving a speech in Sevastapol, Crimea, in 2020. Photo: Mikhail Svetlov/Getty Images

President Biden reaffirmed U.S. support for the people of Ukraine and vowed to hold Russia accountable for its aggression in a statement on Friday, the 7th anniversary of Russia's 2014 invasion of Crimea.

Why it matters: The statement reflects the aggressive approach Biden is taking to Russia, which he classified on the campaign trail as an "opponent" and "the biggest threat" to U.S. security and alliances.

Erica Pandey, author of @Work
3 hours ago - Economy & Business

What's really going on with the labor market

Source: YCharts

The labor market is showing some signs of improvement: Jobless claims fell to 730,000 — a dramatic drop from 841,000 the previous week. And the latest jobs report showed a pandemic-era low unemployment rate of 6.3%

But, but, but: That's not the full story, experts say.

Felix Salmon, author of Capital
3 hours ago - Economy & Business

Markets see rare convergence milestone

Expand chart
Data: YCharts; Chart: Axios Visuals

A milestone was reached in the markets Thursday: The yield on the 10-year Treasury note rose to match the dividend yield on the S&P 500

Why it matters: The two yields have been inverted since the beginning of last year, which is historically unusual.