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THE TREASURY DEPARTMENT
War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...- Iran’s foreign trade plunges 35% as US sanctions deepen war’s economic tollIranian leaders are acknowledging mounting economic pain six months into the war with the US, as President Masoud Pezeshkian says foreign t...
- US issues fresh Iran-related sanctions as war marks six monthsThe United States has imposed additional targeted Iran-related sanctions this week. An Egyptian bank faces limits for conducting business w...
- 'Not cricket': documents reveal rare Australia-New Zealand diplomatic spatNew Zealand officials expressed strong disapproval of Australia's unilateral tax treaty changes. They described the action as poor form and...
- US Stock Market: Bessent-Warsh divide deepens over US interest rates and Treasury market strategyTreasury Secretary Scott Bessent and Fed Chair Kevin Warsh are taking different approaches to US interest rates and the Treasury market. Wh...
- US Stock Market: Jackson Hole Symposium in focus as investors seek clarity on Fed policyInvestors are turning to Federal Reserve Chair Kevin Warsh’s first Jackson Hole speech for clues on the U.S. central bank’s rate path, as e...
- US stocks today: US stocks end near flat as hot inflation data clouds Fed rate outlookWall Street ended nearly flat as hotter-than-expected US inflation complicated the Federal Reserve’s interest-rate outlook. Investors turne...
- 'Economic D-Day': US announces expansion of sanctions in 'onslaught' on IranThe Trump administration has expanded its secondary sanctions against entities and countries doing business with Iran, warning them to cut ...
- Global Market: European markets gain as investors assess impact of Iran sanctionsEuropean shares edged higher on Tuesday, as investors took some relief from the lack of immediate penalties following the latest US sanctio...
- Global Market Today: Asian stocks dip after US tech selloff, gold gainsAsian markets followed Wall Street's downward trend as caution in technology stocks seeped into trading. Meanwhile, gold prices soared for ...
- Gold rallies past three-month high as Treasury buyback and weak dollar boost demandGold prices reached a three-month peak on Monday, boosted by a weaker dollar and Treasury policy. Technical buying and strong ETF inflows a...
- Muthoot Finance, Manappuram Finance shares rally up to 11% in 4 days as gold crosses Rs 1.63 lakhGold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained sharply as gold prices climbed on a weaker dollar and liquidit...
- US Stock Market: Nvidia earnings, Jackson Hole to test strength of AI-led stock rallyNvidia’s earnings and Fed Chair Kevin Warsh’s Jackson Hole debut are poised to test the AI-driven stock rally. Rising Treasury yields, infl...
- How bitcoin and gold went from a slump to an MVP week in just a few daysBitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors shied away from speculative assets...
- Wall Street Week Ahead: Nvidia earnings, Jackson Hole to test pillars of stock rallyNvidia's upcoming earnings report, alongside the Fed's crucial Jackson Hole symposium, may redefine current market expectations. The recent...
- US proposes new tax credit rules restricting refunds for some non-citizensThe US Treasury and IRS have proposed new rules restricting the refundable portion of four federal tax credits to US citizens, nationals an...
- Gold steadies, heads for third straight weekly gainGold prices maintained stability, closing in on a potential third consecutive weekly rise. The support came from a weaker dollar and Treasu...
- Gold hovers near early-June high on lower bond yieldsGold prices soared close to a two-month peak on Thursday after the U.S. Treasury announced bolstered liquidity measures. With yields fallin...
- Dollar hugs three-month lows as Treasury seeks to sooth the bond marketOn Thursday, the U.S. dollar faced notable declines, approaching its lowest point in three months. In a bid to stabilize the bond market, U...
- US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
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