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TREASURY DEPARTMENT
India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
- US weighs seizing Iranian assets to rebuild Gulf states hit by Tehran's attacksThe U.S. plans to redirect Iranian assets to Gulf states for rebuilding and repairs following recent Iranian attacks. Treasury Secretary Sc...
- Trump signs AI memo addressing issues in Anthropic-Pentagon feudUS national security agencies are now required to work with multiple artificial intelligence providers. This directive follows a dispute wi...
- Gold falls about 3% as robust US jobs data cements bets on higher ratesGold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This dat...
- War will end when fighting stops in Lebanon as well: IranIn another development, a potential agreement between Washington and Tehran hinges on US President Donald Trump's administration agreeing t...
- Reliance traders said to game plan in case RBI raises ratesReliance Industries' treasury department is exploring strategies to manage its cash reserves amid potential interest rate hikes by the Rese...
- Trump orders tighter banking scrutiny of undocumented migrants, warns of account seizuresPresident Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...
- Would like to end sanctions waivers on Russian oil: RubioThe United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....
- How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
- US Stock Market: Treasury yields rise after strong US data, geopolitical risks fuel inflation fearsUS Treasury yields closed higher on Monday as stronger-than-expected manufacturing and construction data reinforced economic resilience, wh...
- Have you downloaded the Trump Accounts app? Your child could qualify for a free $1,000— check eligibility nowTrump Accounts are moving closer to launch, with eligible families set to access a $1,000 government-funded investment bonus for qualifying...
- Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...
- US Treasury prepares mock-up of $250 note with Trump portraitUS Treasury Secretary Scott Bessent revealed mock-ups for a proposed $250 note featuring President Donald Trump, pending Congressional appr...
- US imposes fresh sanctions on Iran's military oil sales, Treasury saysAmerica has imposed new sanctions on Iran's military oil trade. This comes as a tentative agreement is reached to extend a ceasefire and li...
- Trump's face could appear on US $250 billA proposal to feature Donald Trump on a new $250 bill for America’s 250th anniversary is under discussion, raising legal and political conc...
- Treasury officials moot $250 note featuring Trump: ReportAmerica may soon see a USD 250 currency note with President Donald Trump's portrait. This move requires a new law from Congress. Officials ...
- US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
- US adds Persian Gulf Strait Authority to sanctions list, Treasury website showsThe US has imposed new Iran sanctions, targeting the Persian Gulf Strait Authority, responsible for managing passage through the vital Stra...
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