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US Treasury

US stocks suffer biggest fall in six years, Dow falls nearly 1,600 points

US stocks saw their biggest one-day fall in six years on Monday, as investor profit taking brought the market back down from record highs seen in late January, after benchmark bond yields rose to a four year high last week. 

Feb 06, 2018, 09:34 AM IST

Is US eyeing another recession? Economists hint at stormy weather ahead

The US economy may be basking in the warm glow of solid growth, but economists are nervously eyeing a trend in the bond market that could spell stormy weather ahead.

Dec 24, 2017, 11:35 AM IST

Notable increase in foreign exchange purchase by India: US

In its report to the Congress "Foreign Exchange Policies of Major Trading Partners of the United States," the Treasury said India has a significant bilateral goods trade surplus with the US, totalling USD 23 billion over the four quarters through June 2017.

Oct 18, 2017, 10:14 AM IST

US Treasury links former Barcelona defender Rafael Marquez to drug cartel

The Treasury yesterday said Marquez has a "longstanding relationship" with Flores, has acted as a "front person" for him and held assets on his drug cartel's behalf.

Aug 10, 2017, 08:28 AM IST

White House 'Fence Jumper' jumps again

A US woman under a court order to stay away from the White House area was arrested for the third time in a week after she scaled a fence at the nearby US Treasury, a media report said on Monday.

Mar 27, 2017, 11:43 AM IST

US preparing charges against North Korea over Bangladesh heist: Report

The United States is reportedly building a case implicating North Korean government of orchestrating an USD 81 million cyber heist from the Bangladesh central bank`s account at the New York Federal Reserve, according to media reports.

Mar 23, 2017, 10:45 AM IST

US blacklists 16 North Korean companies, 7 officials

According to Reuters, the blacklisted companies include Air Koryo, North Korea's national carrier as well as six financial services companies.

Dec 02, 2016, 22:31 PM IST

JPMorgan CEO Jamie Dimon may be headed to US Treasury

JPMorgan Chase & Co Chief Executive Jamie Dimon may still be in the running to become U.S. Treasury secretary, Fox Business Network reporters said on Wednesday, casting a cloud of uncertainty over the nation`s largest bank.

Nov 17, 2016, 05:49 AM IST

Brexit a danger to US financial stability: Treasury

 Britain`s vote last month to exit the European Union has raised the danger level for US financial stability, according to a US Treasury Department report released Monday.

Jul 26, 2016, 02:49 AM IST

Islamic State can't pay fighters, US Treasury says

 Efforts to choke off the finances of the Islamic State group have left it unable to pay its fighters and spurred corruption within the group, a senior US official said today.

Jun 10, 2016, 02:47 AM IST

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.

Apr 30, 2016, 02:41 AM IST

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.

Jan 29, 2016, 01:09 AM IST

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".

Jan 27, 2016, 02:12 AM IST

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.

Jan 26, 2016, 02:33 AM IST

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.

Aug 20, 2015, 03:07 AM IST

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."

Jun 25, 2015, 01:48 AM IST

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.

Jun 18, 2015, 16:02 PM IST

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.

Jun 08, 2015, 04:01 AM IST

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.

May 08, 2015, 10:13 AM IST

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. 

Mar 27, 2015, 21:11 PM IST