The Treasury secretary reassured allies that the Biden administration was not backing away from Ukraine despite opposition in Congress.
Category: Treasury Department
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Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine
The Treasury secretary reassured allies that the Biden administration was not backing away from Ukraine despite opposition in Congress.
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U.S. and Qatar Block Iran’s Access to $6 Billion From Prisoner Deal
The money had recently transferred to Iran as part of a U.S.-Iran deal that led to the release of five imprisoned Americans from Iran last month.
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State and Local Governments Have Billions in Pandemic Aid Left to Spend
Two years after the federal government approved $350 billion in emergency funding for states and localities to respond to the public health crisis, much of the funds have not been used.
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Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”
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Rates Are Jumping on Wall Street. What Will It Do to Housing and the Economy?
A run-up in longer-term interest rates could help the Federal Reserve get the economic cool-down it wants — but it also risks a bumpy landing.
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McCarthy’s Ouster Adds to Market Jitters
Stocks and bonds have tumbled worldwide, with the 30-year Treasury bill hitting a 16-year high. Investors are worried about the economy’s health.
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A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight
Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary.