The Latest Breaking News from Treasury Department

Perhaps the government shouldn't be running golf courses in the first place?

WASHINGTON — The US Treasury Department announced a new round of sanctions targeting what it said were yachts linked to President Vladimir Putin as well as allies of the Russian leader, in the latest set of penalties over the war in Ukraine.

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The federal bailout of state and local governments padded the paychecks of many public employees.

Among those targeted is also an oligarch who heads a major steel producer, the US Treasury Department said on Thursday.

A regional governor in eastern Ukraine says at least six civilians have been killed by the latest Russian shelling

The United States on Tuesday imposed sanctions on a Hamas finance official and a network of financial facilitators and companies that have generated revenue for the Palestinian movement, the Treasury Department said. The sanctions target Hamas' Investment Office, which holds assets estimated to be worth more than $500 million, including…

The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable

The United States on Tuesday imposed sanctions on a Hamas finance official and a network of financial facilitators and companies that have generated revenue for the Palestinian militant group, the Treasury Department said.

The Federal Reserve's plans to raise interest rates aggressively to combat high inflation could have an overlooked and uncomfortable side effect for the central bank: capital losses.

The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.