The Latest Breaking News from US Treasury

Johnny Morrissey, 62, now living in Spain, has been accused of facilitating international drug shipments from south America into Europe

It depends on whether the slowdown in Chinese economy can be reversed

French chess star and businessman Jöel Lautier was added to the list of people targeted by US sanctions over the war in Ukraine back in March, French business daily Les Echos reported on Wednesday, the only non-Russian to be targeted by the American authorities.

U.S. Treasury Secretary Janet Yellen said on Thursday that she was committed to working through the Group of 20 major economies to address difficulties brought on by Russia's invasion of Ukraine, despite a walkout by her and several other Western officials from a G20 finance meeting as Russian officials spoke.

To tame multi-decade high inflation, the Federal Reserve has hinted at raising the interest rates aggressively this year. U.S. Treasury yields are also hitting new highs. This environment will help banks generate more interest income. So, the question becomes, with solid revenue and earnings growth potential, is it wise now…

The United States will give Ukraine another $500 million in to help its government continue critical government operations, doubling the $500 million aid pledge by President Joe Biden in March, U.S. Treasury Secretary Janet Yellen said on Thursday.

Sources say US Treasury secretary and BoE governor among those to leave as Russian delegates spoke

Top officials from Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday and many members spoke to condemn Moscow's war in Ukraine, exposing deep divisions in the bloc of major economies.

Finance officials from the world's richest countries will meet on Wednesday to address global challenges like rising debt and a possible food crisis -- if they can overcome boiling tensions over Russia's invasion of Ukraine. Moscow's attack on its neighbor is set to dominate the meeting of G20 finance ministers…

Tyson Fury brushed off questions as he met the media for the first time since the US Treasury announced sanctions on Kinahan last week

Western nations are preparing to stage coordinated walk-outs and other diplomatic snubs to protest against Russia's invasion of Ukraine at Wednesday's meeting of G20 finance ministers in Washington, their officials said.