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Treasury Department

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The debt ceiling is back on the table for 2025. Here’s what happens next.

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For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted as ideas...
Sports

Video falsely claims $1,000 stimulus approved for ‘every U.S. resident’ | Fact check

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The claim: A ‘no-strings-attached $1,000 stimulus’ payment was approved for ‘every US resident’ ahead of Trump’s termA Dec. 3 Facebook post (direct link, archive...
Bussiness

Trump trade adviser warns against currency manipulation as China mulls weaker yuan

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By Gram Slattery WASHINGTON (Reuters) - A top trade adviser to President-elect Donald Trump told Reuters on Thursday that the...
Bussiness

US budget deficit jumps to $367 billion in November on calendar payment shifts

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By David Lawder WASHINGTON (Reuters) - The U.S. government posted a $367 billion budget deficit for November, up 17% from...
Bussiness

Trump’s economic team may get easy Senate rides. That could push clarity on policy into 2025.

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Some of President-elect Donald Trump's cabinet picks are facing hurdle after hurdle on the road to confirmation but not those...
Sports

Trump picks Scott Bessent for treasury as he announces flurry of cabinet picks

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President-elect Donald Trump announced a flurry of nominations on Friday night, revealing his choices to lead the Treasury Department, the Office of Management and...
Bussiness

House passes bill that would allow Treasury to target nonprofits it deems to support terrorism

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WASHINGTON (AP) — The U.S. House passed legislation Thursday that would give the Treasury Department unilateral authority to strip the...
World

US hits Israeli settler group with sanctions over West Bank violence

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WASHINGTON (Reuters) - The United States imposed sanctions on Monday on an Israeli settler group it accused of helping perpetrate violence in the occupied...
Bussiness

Why Janet Yellen wants more Americans to have a bank account

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Treasury Secretary Janet Yellen is unveiling a plan Tuesday designed to ensure more Americans have bank accounts and affordable credit,...
Bussiness

Yardeni Sees Bond Vigilantes Mustering as US, UK Prep Debt Sales

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(Bloomberg) -- Wall Street veteran Ed Yardeni says the approaching US election could augur the return of the market’s bond...
Bussiness

A 10-Day Test Is Coming for Bond Market Battered by Selloff

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(Bloomberg) -- The US bond market, already stung by the worst selloff in six months, now heads into a crucial...
Bussiness

Is gold safer than U.S. Treasury bonds as federal debt keeps soaring?

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Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the gold standard in safe...
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