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Tag: US Treasury

Business
  • Web Desk Karachi
  • Apr 09, 2025
Indian central bank cuts rates to boost growth as tariffs take effect

The MPC also shifted its policy stance to “accommodative” from “neutral”, which means it’s considering more rate cuts in coming months.

Wall street
World
  • Reuters
  • Apr 07, 2025
Wall Street set for heavy losses, S&P 500 nears bear territory

Market analyst Cincotta says, “What we’re seeing is more of a technical bounce after a very steep selloff, but it’s not necessarily the end of the selloff.”

Business
  • Reuters
  • Feb 17, 2025
Five Iraqi banks to be banned from US dollar transactions

The move comes after meetings in Dubai last week between officials from the Central Bank of Iraq – which last year already banned eight banks from US dollar transactions – and US Treasury and Federal Reserve officials, one of the sources said.

Business
  • AFP
  • Feb 10, 2025
Trump tells US Treasury to stop minting new pennies

The so-called Department of Government Efficiency — a cost-cutting initiative led by billionaire Elon Musk that has helped slash federal spending — highlighted the cost of producing pennies in a post on X in January.

Dollar
Latest
  • Reuters
  • Jan 21, 2025
Dollar rebounds sharply, futures rise as Trump 2.0 jolts markets

US stock futures rise after bouncing around on Monday as traders digested Trump’s statements on economic policy and trade levies.

The US Treasury Department said Monday Chinese state-sponsored hackers broke into its systems earlier this month.
Technology
  • DW
  • Dec 31, 2024
Chinese hackers infiltrate US Treasury systems

The US Treasury Department says Chinese state-sponsored hackers stole documents in a “major incident.”

Stocks soared to record highs after Donald Trump won the 2024 US presidential election in a shocking comeback.
Business
  • Web Desk
  • Nov 07, 2024
Stocks surge to record highs as Trump returns to presidency

Markets were also eyeing whether the Republican Party could maintain a majority in the House of Representatives after gaining control of the US Senate,

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