The Latest Breaking News from US Treasury

A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030, the United States, Japan and partners said on Tuesday.

The Fed has raised interest rates six times this year to control persistent inflation. As long-term bonds are more sensitive to rate hikes than their short- and medium-term counterparts, the iShares 20+ Years Treasury Bond ETF (TLT) might be best avoided now. Read on….

The U.S. Treasury last month repelled cyber attacks by a pro-Russian hacker group, preventing disruption and confirming the effectiveness of the department's stronger approach to financial system cybersecurity, a U.S. Treasury official said on Tuesday.

Kinahan has been named as a senior figure in organised crime in the High Court, and in April this year the US Treasury imposed sanctions on him

RECAP: Asian and European stocks moved lower yesterday, as US Treasury yields held at the highest level since the global financial crisis of 2008 and investors weighed risks to Chinese markets.

Why countries should diversify their reserve currencies.

With the Fed all set to approve another significant interest rate hike in its meeting next month and the global economy expected to witness a slowdown, it could be wise to avoid iShares 20+ Year Treasury (TLT), iShares MSCI (EEM), and Direxion Daily Small Cap (TNA), which might witness a…

Frangipani plants and coconut trees front the three-story villa on Sentosa Island where Myanmar tycoon Tay Za stays when he’s in Singapore. It’s one of two houses his family owns in a development overlooking the South China Sea known as a playground for the wealthy. A short drive away is…

Janet Yellen’s comments come as figures show business activity declining across most UK regions

As developing countries confront a new era of elevated inflation, rising interest rates, a stronger dollar, and capital outflows, some governments stand to benefit from a little-noticed bonanza. During the "Great Moderation" that preceded the Covid-19 pandemic, years of low inflation led to the growth of sovereign debt issued at…

World Bank President David Malpass said on Friday that he was keeping an "intense" focus on the bank's efforts to address climate change and was embracing the U.S. Treasury's call to dramatically boost lending capacity to address this and other global problems.