Latest in Treasury Payment Systems
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How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 4d -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 5d -
Late car payments hit highest level in decades
Americans are falling behind on their monthly car payments at the highest rate in more than 30 years.The Hill - 4d -
Social Security payments scrutinized by DOGE amid search for fraud
DOGE is sifting through Social Security payments in an anti-fraud effort that has some worried the administration could deny payments to vulnerable older Americans.ABC News - 2d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 4d -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - 2d -
2-year Treasury note yield bounces from October low as investors await U.S. inflation report
U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.CNBC - 21h -
How to fix America’s broken healthcare system? Follow this country’s example.
Why copying Germany’s system would give Americans less costly, more efficient medical treatmentMarketWatch - 1d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes from the current Trump administration.NBC News - 2h -
Palantir delivers first two AI-enabled systems to U.S. Army
Palantir is rolling out the first two artificial intelligence-enabled systems as part of its $178 million contract with the U.S. Army, the company said Friday.CNBC - 4d -
Judge orders release of certain owed foreign aid payments
A federal judge on Monday ordered the Trump administration to release foreign aid payments owed under certain existing contracts but stopped short of staving off mass contract cancellations that ...The Hill - 1d -
Computer owners duped in antivirus scam to get over $25M: What to know about payments
More than $25 million in payments will go out this week to customers who were tricked into paying for fraudulent tech support offered by two companies.The Hill - 1d -
What you need to know about Manus, the new AI agentic system from China hailed as a second ‘DeepSeek moment’
Manus AI is designed as a multi-agent system, meaning it combines several AI models to handle tasks independently.VentureBeat - 2d -
How USAID lost its way — and how to fix America's humanitarian aid system
Congress faces a choice: Preserve an outdated, opaque system riddled with inefficiency, or forge a leaner, results-driven model that actually serves those in need.The Hill - 3d -
Starmer says benefit system unfair and indefensible
Some Labour MPs urge ministers to tackle the "crisis of economic inactivity", while others oppose cuts.BBC News - 1d -
Deadline arrives for Trump administration to make foreign aid payments
The Trump administration faced a judge's deadline of 6 p.m. EDT on Monday to repay millions in foreign aid funds. It's unclear at this point if it followed through with the order. Tom Dupree, ...CBS News - 1d -
Starmer axes UK payments watchdog as part of anti-regulation drive
Government says regulator’s merger with Financial Conduct Authority will reduce complexity and boost innovationFinancial Times - 21h -
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As Tech Layoffs Mount, Blame a Broken System, Not Broken People
This mindset shift is the first step to recovery.Inc. - 1d -
Treasury value for money unit targets asylum housing costs
Rachel Reeves set up the Office for Value for Money (OVfM) in October to "root out waste and inefficiency".BBC News - 8h -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 2d -
T-Mobile customers to get payments up to $25K next month after data breach: Here's who qualifies
The $350 million T-Mobile agreed to pay in a 2022 class action settlement will finally start going out to customers next month.The Hill - 3h -
Disability benefit cuts test loyalty of Labour MPs
Some are worried about the possibility of freezing payments for people with long-term conditions.BBC News - 1h -
WATCH: Fans evacuate Warriors-Pistons game due to false fire alarm followed by sound system malfunction
The game was temporarily delayed as the situation was sorted outCBS Sports - 3d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 3d -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - 2d -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - 23h -
Treasury yields edge up after CPI inflation data comes in cooler than expected
Bond yields turned higher Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 7h -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 5h -
Mastercard and Visa linked to illegal gambling sites accused of scamming UK customers
Card giants processing payments for unlicensed operators as customers report losing thousands. Mastercard and Visa are processing payments for illegal gambling websites accused of scamming UK ...The Guardian - 3d -
‘If you don’t get early years right, children are unlikely to catch up’: why South Africa is trying to reboot its school system
With 80% of 10-year-olds unable to read for meaning, the government is prioritising literacy and numeracy among pre-school pupils as it tackles its education problems. When she noticed children ...The Guardian - 1d -
DOGE Cuts Upend Trump-Voting West Virginia Town
‘Nobody that I’ve talked to understood the devastation that having this administration in office would do to our lives,’ said one fired Treasury Department worker in Parkersburg.Inc. - 5d -
Global stocks sell-off pauses as investors catch their breath
Tumbling stock markets and rallying Treasury bonds steadied somewhat in Europe on Tuesday, as a modicum of calm returned to markets after the previous day’s dramatic moves.NBC News - 1d -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 1h -
New UK planning rules aim to halve approval time for major projects
‘Radical evolution’ is needed to streamline system, housing minister Matthew Pennycook saysFinancial Times - 3d -
Roki Sasaki's splitter already looks like one of the best pitches in baseball
Meet the pitch so weird it's giving MLB's pitch-tracking system problems.Yahoo Sports - 20h -
Trump Allies Seek Pardons From an Emboldened White House
The new administration has created a system for awarding clemency that underscores the president’s grievances about what he sees as the political weaponization of the justice system.The New York Times - 3d -
Altadena Residents Face High Costs as They Begin to Rebuild Their Homes
The realities of construction costs and insurance payments after the Eaton fire have set in for residents.The New York Times - 4d -
All HHS workers given $25,000 voluntary buyout offer, source says
All employees in the U.S. Department of Health and Human Services were notified Friday of the option to voluntarily resign in exchange for a $25,000 payment.CBS News - 3d -
I fled our $2.2M home due to domestic abuse. I’m on the loan, but we’re both on the title. My husband won’t sell. What now?
“He contributed a $1 million down payment. I mortgaged the rest in my name.”MarketWatch - 2d