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U.S. Treasury
US Plans to Borrow $1.37 Trillion Over Next 6 Months | Business Matters (Oct. 29)
The U.S. Treasury plans to borrow nearly $1.4 trillion over six months, with $546 billion from October to December and $823 billion from January to March next year, reflecting rising ...
October 29, 2024
BY
Don Ma
US Economic Growth Revised Downward, Inflation Adjusted Upward in 2nd GDP Estimate
Consumer and state and local government spending were revised higher in the fourth quarter.
February 28, 2024
BY
Andrew Moran
How to Explain the Fed’s Massive Losses?
Commentary The Federal Reserve last year lost $114 billion on its portfolio, something that has never happened in ...
January 29, 2024
BY
Jeffrey A. Tucker
Taxpayers Must Report Digital Asset Incomes When Filing Returns: IRS
All taxpayers filing returns must confirm or deny whether they conducted a digital transaction.
January 23, 2024
BY
Naveen Athrappully
Two- and Four-Year Investment-Grade Corporate Bonds Look Very Timely
Commentary It’s rare that Wall Street gets excited about bonds, but after last week’s wink and nod from ...
November 8, 2023
BY
Bryan Perry
‘Revolving Door’: Watchdog Finds That IRS Agents Often Work For Big Accounting Firms
Federal lawmakers say employees from the private sector have conflicts of interest when they join the IRS and ...
August 30, 2023
BY
Naveen Athrappully
US Treasury Can Meet All Obligations After Debt Ceiling Suspension
WASHINGTON—The U.S. Treasury said it can now meet the federal government's payment obligations after a debt ceiling suspension, ...
June 5, 2023
BY
Reuters
The Costs and Consequences of the SVB Bailout
Commentary Banking regulators, along with the board of directors and management of Silicon Valley Bank (SVB), each failed ...
March 20, 2023
BY
Michael Wilkerson
China’s Exports to US Decline for 7 Straight Months
China’s exports to the United States have declined for seven consecutive months. Analyses show that this trend may ...
March 16, 2023
BY
Shawn Lin
and
Sean Tseng
Fed Will Only Issue Digital Currency With Support From White House, Congress: Treasury Official
The Federal Reserve will only issue a central bank digital currency (CBDC) with the support of the White ...
March 1, 2023
BY
Andrew Moran
US Sanctions Logistics Allies of Mexico’s Sinaloa Cartel
MEXICO CITY—The U.S. Treasury Department on Wednesday sanctioned individuals linked to Mexico's powerful Sinaloa drug cartel, days after ...
October 20, 2022
BY
Reuters
The Real ‘Inflation’ Effect
Commentary If you’re the CEO of the world’s largest retailer, you’re not off to a great start if ...
August 25, 2022
BY
Jeffrey Snider
Treasury Approves $940 Million in Small Business Capital Funds for 9 States
WASHINGTON—The Treasury Department said it approved nine state plans for the State Small Business Credit Initiative worth $940 ...
July 24, 2022
BY
Reuters
US Treasury to Pay Down $26 Billion in Debt in Q2
NEW YORK—The U.S. Treasury said on Monday it expects to pay down $26 billion in debt the second ...
May 3, 2022
BY
Reuters
Rates Are Rising: Where Do You Park Your Cash?
Commentary Russian invasions, skyrocketing inflation, Fed rate hikes, new COVID variants, you name it—financial markets are coming under ...
March 13, 2022
BY
Bob Byrne
US Treasury Disbursed $2.8 Billion in Rental Aid in November
WASHINGTON—The U.S. Treasury Department said on Friday it disbursed about $2.9 billion in Emergency Rental Assistance funds to ...
January 9, 2022
BY
Reuters
Treasury Department Grants More Flexibility State-Local Aid Funding Rules
WASHINGTON—The Treasury Department said on Thursday it granted more flexibility to state, local and tribal governments in spending ...
January 7, 2022
BY
Reuters
NatWest Unit Pleads Guilty, Will Pay $35 Million to Resolve DOJ ‘Spoofing’ Probe
WASHINGTON—A unit of NatWest Group on Tuesday agreed to pay about $35 million and pleaded guilty to wire ...
December 22, 2021
BY
Reuters
US Treasury Increases Q4 Borrowing Estimate
The U.S. Treasury said on Monday it plans to borrow $1.015 trillion in the fourth quarter, more than ...
November 1, 2021
BY
Reuters
Chinese Acquisition of Semiconductor Firm Poses Security Risks, US Treasury Warns
The U.S. Treasury Department said the sale of Magnachip Semiconductor Corp. to a Chinese private equity firm poses ...
August 31, 2021
BY
Eva Fu
US Treasury Decreases Third-Quarter Borrowing Estimate
The U.S. Treasury said on Monday it plans to borrow $673 billion in the third quarter, less than ...
August 2, 2021
BY
Reuters
US Blacklists 3 Bulgarians, 64 Companies Over Corruption
WASHINGTON/SOFIA—The United States on June 2 imposed sanctions on 64 companies and three Bulgarians over corruption, including an ...
June 3, 2021
BY
Reuters
Some States Must Wait As US Treasury Opens $350 Billion in State-Local COVID-19 Aid
WASHINGTON—The U.S. Treasury on Monday launched access to $350 billion in COVID-19 aid for state, local, tribal, and ...
May 11, 2021
BY
Reuters
Yellen Nomination Sails Through Senate Panel; Final Vote Set for Monday
WASHINGTON—The U.S. Senate Finance Committee on Jan. 22 unanimously approved Janet Yellen’s nomination as the first woman Treasury ...
January 24, 2021
BY
Reuters
US Treasury Yields 2020 Drop Makes Way for Slow Grind Back in 2021
NEW YORK—The U.S. Treasuries market took investors on a bumpy ride in 2020, with yields plunging to historic ...
December 30, 2020
BY
Reuters
US Sanctions 14 More Chinese Officials Over Hong Kong Suppression
The United States on Dec. 7 imposed sanctions on 14 Chinese officials over their role in curtailing freedoms ...
December 7, 2020
BY
Cathy He
US Treasury Gives Guidance on Trump’s Payroll Tax Deferral Action
The U.S. Treasury Department released guidance (pdf) Friday evening informing companies and workers how Trump's proposed tax holiday ...
August 29, 2020
BY
Wire Service
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
1hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
2hr
By
Jacki Thrapp
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
3hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
4hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
6hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
6hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
7hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
11hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
12hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
18hr
By
Melanie Sun