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U.S. TREASURY DEPARTMENT NEWS
Recep Tayyip Erdogan's warm ties with Trump offer Turkey an edge ahead of NATO summitPresident Trump's close ties with Turkish leader Recep Tayyip Erdogan are set to ensure his attendance at the upcoming NATO summit in Turke...
Trump administration cannot hold migrants without bond hearings past 90 days, court rulesA U.S. appeals court has ruled that Immigration and Customs Enforcement cannot hold individuals for over 90 days without offering a chance ...
Trump Accounts launch July 4, giving newborns $1,000. Here's what to knowPresident Trump's administration is launching "Trump Accounts" to promote financial independence for American children, coinciding with the...
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...
Rupee bounce fizzles as RBI intervention thins, arbitrage flows pick upThe Indian rupee reversed early gains on Thursday, succumbing to dollar demand from arbitrage trades as central bank intervention eased. Af...
Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloffIndian government bonds saw gains early Thursday, defying a rise in U.S. Treasury yields. This positive movement was fueled by falling oil ...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
Paramount moves to ease EU antitrust concerns over Warner Bros Discovery dealParamount Skydance Corp has offered solutions to EU competition watchdogs regarding its massive Warner Bros Discovery acquisition. The comp...
India bonds rise as index-entry hopes counter rise in US yieldsIndian government bonds saw gains as anticipation of Bloomberg index inclusion and improved liquidity bolstered prices. Despite higher U.S....
US Justice Department directs prosecutors to prioritize 'birth tourism' following court rulingThe U.S. Justice Department is now prioritizing investigations into "birth tourism" schemes, directing federal prosecutors to pursue crimin...
Yen sinks to four-decade low as dollar gets yields boostThe dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike....
Nasdaq, NYSE to ring opening bell from Oval Office for Trump Accounts launch, Hassett tells CNBCUS stock exchanges Nasdaq and NYSE plan a rare joint opening bell from the Oval Office next week to promote Donald Trump’s new child invest...
Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
Trump unveils new US passport, with picture of himselfPresident Donald Trump has unveiled a special limited-edition US passport for the nation's 250th anniversary. The design prominently featur...
Two-year yields dip as Hormuz flows rise, hopes on inflation growTreasury yields dipped Friday as falling oil prices, linked to increased Strait of Hormuz shipments, sparked hopes of easing inflation. Whi...
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
Lawyers for Gautam Adani urge US judge to dismiss criminal caseIndian billionaire Gautam Adani's lawyers are pushing a U.S. judge to officially drop criminal charges after the Justice Department announc...
Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
US Stock Market: Foreign demand for US Treasuries rises in April, led by Japan and UKForeign investors continue to show strong interest in U.S. Treasury securities, with holdings inching up in April to $9.352 trillion. This ...
US Stock Market: Foreign investors add $103 billion to US long-term securities in AprilForeign investors showed strong interest in U.S. assets in April. They purchased $103 billion in long-term securities. Holdings of U.S. Tre...