Treasury Secretary Janet Yellen Warns
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Yellen: Treasury exploring ways to expand free tax filing program
Treasury Secretary Janet Yellen told lawmakers Wednesday that the department is looking into ways to expand on the limited direct file pilot program with possible extensions in functionality and applicable tax credits up for debate. The free ...The Hill - Politics -
Biden Tax Increases Won’t Hit Middle Class, Yellen Says
Republicans pressed the Treasury secretary on President Biden’s tax proposals and the fate of the Trump tax cuts that will expire in 2025.The New York Times - Top stories - Joe Biden -
Biden Tax Increases Won’t Hit Middle Class, Yellen Says
Republicans pressed the Treasury secretary on President Biden’s tax proposals and the fate of the Trump tax cuts that will expire in 2025.The New York Times - Business - Joe Biden -
Former White House social secretary details her 'Undiplomatic' way of overcoming imposter syndrome
She was in a role that demands tact and courtesy, but now Deesha Dyer is getting "Undiplomatic," opening up about her unexpected ascent from community college student to Obama White House social secretary. In her just-released book, ...The Hill - Politics -
Fed Prepares Slower Pace of Runoff for Treasury Securities
Fed Prepares Slower Pace of Runoff for Treasury SecuritiesThe Wall Street Journal - World - Federal Reserve -
Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
The Treasurys Market Is Getting Squeezed From All Sides
Inflation and deficits are lifting yields and jarring the stock market.The Wall Street Journal - World -
Treasury Yields Decline Amid U.S. Jobs Resilience
Treasury yields fell as markets coalesced around the idea that the Fed might cut interest rates only once or twice this year, depending on the data.The Wall Street Journal - World -
Delivering Starmer’s promises will depend on rewiring ‘Treasury brain’
The Labour leader needs Rachel Reeves to redefine the way spending decisions are made or his ‘missions’ will failFinancial Times - Business -
Treasury yields finish April with biggest monthly jumps since 2022-2023
Treasurys sold off on Tuesday, solidifying the 10-year yield’s biggest monthly increase in more than a year, after U.S. economic data threw more doubt on the Federal Reserve’s ability to cut interest rates this year.MarketWatch - Business -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
Treasury Department announces new Series I bond rate of 4.28% for the next six months
The U.S. Department of the Treasury announced the new rate for Series I bonds through October 2024.CNBC - Business -
This is the level where the 10-year Treasury yield becomes a 'clear problem' for stocks, Goldman study shows
Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.CNBC - Business -
U.S. Treasury to auction $125 billion next week, unchanged from last quarter
The Treasury Department on Wednesday said it would sell $125 billion in notes and bonds next week. That’s the same as was offered last quarter.MarketWatch - Business -
Two-year Treasury yield remains below 5% after Powell suggests rate hike unlikely
Rates on U.S. government debt were little changed to higher Thursday morning, a day after the Federal Reserve’s latest policy update, as weekly jobless-benefit claims pointed to continued strength in the labor market.MarketWatch - Business -
Can a Warning Label Make Us Eat Healthier?
The FDA is considering making food manufacturers put labels on the front of packages to improve American diets.The Wall Street Journal - World -
NBA playoffs sending early warnings to Warriors this offseason
The Warriors' crucial offseason became more evident just a few days into the 2024 NBA playoffs, writes Monte Poole.Yahoo Sports - Sports - NBA -
US warns rates to stay high as it battles inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.BBC News - Top stories -
Gaza protesters put on buses as police clear LA encampment
Officers moved in overnight on the long-standing pro-Palestinian protests at the city's UCLA campus.BBC News - Top stories -
New weather warning after thunderstorms hit UK
Roads are closed in some areas of southern England, while storms spread to the Midlands and Wales.BBC News - Top stories - United Kingdom -
‘Russian fertiliser is the new gas’ for Europe, top producer warns
Imports of urea into the EU doubled in the wake of Moscow’s invasion of UkraineFinancial Times - Business - Russia -
McDonald's and other big brands warn that low-income consumers are starting to crack
Higher prices have weighed on customers in an array of industries that interact with consumers.CNBC - Business -
Hunt warns FCA against ‘naming and shaming’ companies being investigated
Rare intervention with regulator by chancellor who says proposal could go against duty to promote growthFinancial Times - Business -
Mediterranean ports warn of overflowing storage yards in latest threat to supply chain
Operators say ports severely congested because of Red Sea disruptionsFinancial Times - Business -
WATCH: Bridge gets washed away as mayor delivers storm warning
Pictures spoke louder than words as raging floodwaters swept away a bridge behind a Brazilian mayor as she delivered a storm warning.ABC News - Top stories