FILE PHOTO: An employee counts U.S. dollar bills at a money exchange in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany./File Photo April 9, 2021 By Saqib Iqbal Ahmed and Iain Withers NEW YORK (Reuters) – The dollar edged higher against a basket of currencies on Friday, paring some of the week’s losses, …
Dollar edges up as inflation data helps lift Treasury yields Read More »
FILE PHOTO: Traders work, as a screen shows Federal Reserve Chairman Jerome Powell’s news conference on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 30, 2019. REUTERS/Brendan McDermid/File Photo April 9, 2021 By Stephen Culp NEW YORK (Reuters) – Wall Street gained ground on Friday after solid U.S. inflation …
Wall Street gains, Treasury yields rise as inflation picks up steam Read More »
The Treasury has released a detailed report on President Joe Biden’s “Made in America Tax Plan,” which has the administration putting corporate America on the hook for the tab for the sweeping $2.25 trillion infrastructure package, through measures that include reducing opportunities—such as investing offshore and shifting profits—for corporations to pay lower taxes. The report …
Treasury Secretary Janet Yellen said the Biden administration is working with other like-minded world leaders to introduce a global minimum tax rate on companies. In a virtual speech delivered to the think tank Chicago Council on Global Affairs, Yellen deplored what she said has been a “race to the bottom” over the past 30 years, in …
Biden Admin Wants Global Minimum Tax Rate on Companies: Treasury Secretary Yellen Read More »
WASHINGTON, DC – MARCH 22: Sen. Marco Rubio at the U.S. Capitol March 22, 2018 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images) OAN NewsroomUPDATED 2:42 PM PT – Thursday, March 25, 2021 A group of Republican senators put forth legislation to crack down on Chinese companies tied to the Communist Party. Sen. Marco Rubio …
Sen. Rubio unveils bill to ban SBA & treasury loans for Chinese firms Read More »
FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends an economic briefing with U.S. President Joe Biden in the Roosevelt Room at the White House in Washington, U.S., March 5, 2021. REUTERS/Tom Brenner/ March 16, 2021 By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Tuesday named Natasha Sarin, a Wharton School economist and protégé …
Yellen’s latest hire shows U.S. Treasury serious about tax fraud crackdown Read More »
FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends an economic briefing with U.S. President Joe Biden in the Roosevelt Room at the White House in Washington, U.S., March 5, 2021. REUTERS/Tom Brenner March 10, 2021 WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen conveyed her intention to deepen regional and multilateral cooperation with Indonesia during …
Yellen signals intention to deepen cooperation with Indonesia: Treasury Read More »
FILE PHOTO: The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photo March 4, 2021 By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Thursday launched a new program to infuse $9 billion into minority and community lenders to boost financing for small businesses and consumers struggling with the coronavirus …
U.S. Treasury launches $9 billion coronavirus aid for low-income lending Read More »
FILE PHOTO: The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photo March 2, 2021 WASHINGTON (Reuters) – The U.S. Treasury named new staff to senior tax and economic posts on Tuesday, including University of California-Berkeley professor Catherine Wolfram as deputy assistant secretary for climate and energy economics in the Office …
U.S. Treasury names climate economist, tax partner to senior posts Read More »
The Treasury Department on Friday imposed asset-freeze and prohibition-of-business sanctions against Saudi officials after a government report implicated them in the slaying of U.S.-based journalist Jamal Khashoggi. The sanctions target Ahmad Hassan Mohammed al Asiri, Saudi Arabia’s former Deputy Head of General Intelligence Presidency, and Saudi Arabia’s Rapid Intervention Force (RIF), also known as the …
Treasury Sanctions Saudi Officials and ‘Tiger Squad’ Members Over Khashoggi Killing Read More »
