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US DEPARTMENT OF THE TREASURY
Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...- MIT, Harvard, Yale among 9 US universities under J-1 visa fraud probe as US alleges wage undercuttingThe US Labour Department has launched an investigation into alleged J-1 visa fraud at nine major universities, including Harvard, Yale, Sta...
- US imposes fresh Iran sanctions, targets two Mumbai-based firms, 5 Indian nationalsOn Thursday, the US sanctioned two Mumbai-based firms and five individuals involved in Iranian petroleum trade. These firms allegedly facil...
- US imposes sanctions targeting 17 vessels of Iran 'shadow fleet'The United States has imposed sanctions on Iran's shadow fleet of tankers transporting oil. These sanctions target 17 vessels linked to the...
- US stocks: US markets fall as higher yields and oil prices flag inflation riskUS stocks fell as crude oil prices surged and Treasury yields remained high, raising inflation concerns. Major companies like Amazon, Tesla...
- Lebanon's Hezbollah gets $200 million from Iran to help displaced, sources sayHezbollah has reportedly received a significant financial transfer from Iran aimed at assisting displaced families. This aid comes after th...
- Global Market Today: Asian stocks drop on inflation concerns, oil gainsMSCI’s Asia Pacific index for equities slipped 0.3%, with shares in Japan and South Korea falling, while markets in mainland China return f...
- US stocks: S&P 500, Nasdaq reach record closing highs as focus pivots to earningsThe US stock market finished on a high note, buoyed by stabilizing crude prices and easing Treasury yields, offering much-needed relief to ...
- Scott Bessent says AI industry must own its risks and find solutionsAnthropic PBC Chief Executive Officer Dario Amodei, OpenAI chief Sam Altman and SpaceAI Corp.’s Elon Musk in September called for the indus...
- Why is Trump redirecting $2 billion into $90 Medicare checks, and who qualifies for the payment?President Donald Trump has announced one-time $90 payments for more than 20 million Medicare Part B enrollees. The White House says the mon...
- US imposes visa bonds of up to $20,000 on 50 countries; is India on the updated list?The US has expanded its visa bond programme to citizens of 50 countries, requiring some B1/B2 applicants to post bonds of $10,000, $15,000 ...
- Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecastUS stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining ...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
- US stocks: US market rebounds to close higher as surging Treasury yields recedeUS stocks recovered from earlier losses, with the S&P 500 bouncing back after a global bond selloff. The Labor Department reported a dip in...
- US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike betsOn Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, althou...
- Why are US treasury yields falling today? Federal Reserve interest rate hike in October expectations dropUS treasury yields have fallen on Wednesday. The yields on 2-year and 10-year US treasuries dropped as the expectations for hike in Federal...
- US yields pull back as rate hike bets ease after inflation dataYields on 2-year and 10-year US Treasuries fell due to lower-than-expected inflation data. The Personal Consumption Expenditures Price Inde...
- US dollar retreats after softer-than-expected inflation dataThe dollar faced a downturn against key currencies following unexpected inflation results from the US. The US Commerce Department reported ...
- US stocks: US market ends slightly lower as bond yields hold near multi-decade highsUS stocks closed slightly lower as consumer confidence fell to a significant low not seen in over 12 years. Rising government bond yields h...
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