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U.S. issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow’s circumvention of Western…
Politics

Sen. Bob Menendez grills Treasury official on curbing illicit finance a month before bribery trial

Sen. Bob Menendez questioned a Treasury Department official Tuesday on curbing illegal finance as he prepares to stand trial in…
Politics

Former U.S. official’s work for Chinese client stirs concern over disclosure loopholes

When a Chinese drone company came under U.S. government scrutiny over its alleged ties to China’s military, the company turned to one of America’s…
Politics

U.S. lawmakers push for ByteDance to divest TikTok or face ban

A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China’s ByteDance about six months to divest popular short video app TikTok or face a U.S. ban, seeking to tackle national…
Politics

Treasury proposes rule to extend anti-money laundering regs to investment advisers

The Treasury Department’s corruption watchdog on Tuesday issued new proposed regulations that would extend major pieces of the anti-money laundering…
Politics

U.S. Treasury team heads to China to talk subsidies, economic policies

The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…
Finance

New fund bets big on Eisenhower-era stocks

Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…
Finance

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…
Politics

Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy

WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…
Politics

Yellen’s UN week agenda: Food prices, climate change and global aid

WASHINGTON — Treasury Secretary Janet Yellen outlined an ambitious agenda on Monday to address key factors of the global economic…