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TREASURY DEPARTMENT
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...- Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
- US diesel prices surge 70% amid Iran war: Can Trump-Putin deal bring relief to truckers and stop grocery prices from rising?Diesel prices impact on trucking: US diesel prices have surged 70% since the US-Israeli war with Iran began, putting growing pressure on tr...
- Social Security $90 extra deposit: When will payments arrive, who qualifies and why some Medicare beneficiaries will miss outIn a bid to provide financial relief, millions of Americans enrolled in Medicare started receiving a one-time payment of $90 aimed at easin...
- Trump strikes deal with Putin to get diesel in sharp reversal of US policy weeks before midtermsUS President Donald Trump revealed a new deal with Russia for diesel imports expected to alleviate high fuel prices. This announcement dive...
- Why is Donald Trump buying diesel from Vladimir Putin's Russia despite heavy sanctions? What will be impact on Oil prices?Donald Trump’s shocking announcement comes after he signed a sweeping Russia sanctions law last month that aimed at clamping down on the Ru...
- 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 ...
- 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...
- 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%...
- 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...
- 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 ...
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