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TREASURY DEPARTMENT
Operation Epic Fury: IG report reveals $33B war costs, loss of multiple F-15E Strike Eagles, and diplomatic strainMonths of bombing and missile attacks on Iran are yet to yield any substantive gains to the US. While President Donald Trump has on several...
US budget deficit shrinks in August, year-to-date flat at $1.97 trillionThe US federal budget deficit decreased significantly in August. This reduction occurred due to lower spending and some payment shifts. How...
US stocks today: Dow Jones soars 600 pts, Nasdaq 1% as oil prices fall amid high August inflationUS stocks rose sharply on Friday after August inflation data showed consumer prices increased 0.4%. The Dow gained 1.23%, S&P 500 1.05% and...
US inflation picked up as gas prices marched higher due to conflict in the Middle EastUS inflation held at 3.4% in August from a year earlier, while monthly consumer prices accelerated 0.4% as renewed Middle East fighting pus...
Dollar holds gains, yen slips as Mideast energy shock deepensCurrently, the dollar stands firm near its weekly highs, whereas the yen is on a downward trajectory, fueled by apprehensions surrounding e...
US bond yields climb to multi-year highs as oil surge revives bets on higher Fed ratesUS Treasury yields hit multiyear highs as a sharp rise in oil prices revived inflation concerns and boosted bets on a Federal Reserve rate ...
US oil jumps above $100 and stock futures slumpAmid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in g...
US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
Bessent dares traders to bet against Yen: ‘I am the house now’In a provocative statement, Treasury Secretary Scott Bessent has urged traders to reassess their approach to the Japanese yen, indicating t...
US stocks today: US stocks retreat as oil crosses $100, yields rise ahead of inflation dataUS stocks fell on Wednesday as Brent crude climbed above $100 a barrel, raising fresh inflation concerns and weighing on investor sentiment...
- Adani Group plans $2.5 billion refinancing in India’s biggest offshore loan this year
Adani Group plans a $2.5 billion offshore loan to refinance debt. This significant borrowing aims to cover the acquisition of two Indian ce...
US targets Iran’s aviation sector with sanctions on 27 airlines and foreign firmsThe US Treasury sanctioned 27 Iranian airlines and related foreign firms to curb weapons transport and technology access. Meanwhile, Irania...
US sanctions all remaining Iranian airlines in 'economic D-Day' push, says Tehran's aviation sector is out of the marketThe United States has sanctioned all remaining Iranian airlines and supporting companies. These actions target thirty-six entities for aidi...
US Stock Market: Wall Street braces for CPI test as Fed rate-hike bets hang in balanceInvestors are turning their focus to U.S. inflation data due this week, with the August CPI and PPI reports expected to influence expectati...
Iran's Hormuz leverage wanes as US economic squeeze bitesWashington's economic offensive targets Iran after recent conflict and threats. New sanctions and naval blockades are severely impacting Ir...
Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectoryInvestors await crucial inflation data next week which may decide the Fed's interest rate move. The S&P 500 index is nearing its record hig...
Trump administration proposes new rules to strip tax-exempt status from schools that consider raceThe Trump administration has proposed new regulations that could strip schools of their tax-exempt status if they offer targeted support to...