US puts Germany, China on watchlist for economic surpluses

US puts Germany, China on watchlist for economic surpluses

The United States named Germany, China and three other East Asian countries on Friday to a new "monitoring" list of trade partners with excessive budget and trade surpluses.

White House backs US Treasury view that Russia's Vladimir Putin is corrupt

White House backs US Treasury view that Russia's Vladimir Putin is corrupt

A US Treasury official`s assessment that Russian President Vladimir Putin is corrupt "best reflects the administration`s view," White House spokesman Josh Earnest told reporters at a daily briefing on Thursday.

US should show 'proof' of Vladimir Putin corruption claims: Kremlin

US should show 'proof' of Vladimir Putin corruption claims: Kremlin

The Kremlin on Tuesday dismissed comments by a US Treasury official alleging massive corruption by President Vladimir Putin, challenging Washington to provide proof for what amounted to an "official accusation".

Russian President Vladimir Putin a corrupt: US Treasury official

Russian President Vladimir Putin a corrupt: US Treasury official

Adam Szubin, acting Treasury secretary for terrorism and financial crimes, said the US considers Russia's Vladimir Putin to be corrupt.

US sanctions Mexican firms, people linked to drug cartel

The US Treasury announced sanctions Wednesday against 15 Mexican companies and six Mexican people it says are linked to a drug cartel.

US designates names Taliban captive `global terrorist`

The US Treasury on Wednesday named senior Taliban official Maulawi Abdul Rashid Baluch, arrested by Afghan authorities a year ago, as a "Specially Designated Global Terrorist."

US to put woman on new $10 bill

US to put woman on new $10 bill

The US will put the image of a woman on an American banknote for the first time in over a century, breaking the lock that white male political heroes have on the greenback.

US Treasury chief defends Iran nuclear deal

US Treasury Secretary Jacob Lew defended negotiations for a nuclear deal with Iran amid boos during a speech to a pro-Israel audience Sunday.

US stocks rally; Alibaba Up 7.5%

Alibaba jumped 7.5% as sales rose 45% to $2.81 billion in the quarter ending March 31.

US economic growth slows in Q4; corporate profits fall

Gross domestic product expanded at a 2.2 percent annual rate last quarter, the Commerce Department said on Friday in its third estimate of GDP. That was unrevised from the forecast last month. 

US debt limit looms again: Jacob Lew warns on `brinksmanship`

US Treasury Secretary Jacob Lew urged Congress Friday to avoid another disruptive battle over the country`s borrowing ability, which is scheduled to be capped in nine days.

Significant drop in US budget deficit

The federal government uses a fiscal year that begins in October; on that basis, the 2014 fiscal year ended in September saw a deficit of USD 483 billion, the lowest of Barack Obama's presidency, it said.

'Obama Administration to focus next 2 years on India-US trade ties'

Over the next two years, the Obama Administration would focus significantly on India-US economic and financial partnership and support the reform effort of the Indian government, a US official has said.

US blacklists Yemen ex-president Saleh, Huthi commanders

The United States hit Yemen's former president Ali Abdullah Saleh and two Huthi rebel commanders with sanctions on Monday, two days after Saleh walked out on the new government.

US Treasury chief urges Germany to boost growth

US Treasury Secretary Jacob Lew, in a meeting Wednesday with German Economy Minister Sigmar Gabriel, called on Germany to boost public spending to stimulate stuttering eurozone growth, the Treasury said.

US closes loopholes to curb corporate tax inversions

The Treasury said the new rules are applicable to any deals not yet closed, which could possibly lead to the derailing of some large takeovers.

Foreign banks sign up to help US battle tax evasion

US officials said that more than 77,000 banks and other financial institutions worldwide have joined its fight against tax evasion.

Dollar pushes higher on euro

Foreign exchange traders pushed the US dollar to a 15-week high against the euro Wednesday, sending US bond yields down to their lowest in nearly one year.

US sanctions on Russia having an impact: US Treasury

US Treasury Secretary Jack Lew said in a radio interview Friday that sanctions imposed on Russia for actions in Ukraine are "having an impact."

China defends exchange rate after US Treasury warning

China Wednesday defended the valuation of its currency and pushed back against a US Treasury report expressing concerns over the yuan's sharp slide since January.