Monday, January 12, 2026
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Tag: US Treasury

Musk takes reins of US Treasury payments, sparking alarm

Washington, United States—Elon Musk and his aides have taken control of the US Treasury Department's payments system, which manages trillions of dollars of transactions each...

Billionaire financier Bessent confirmed as Trump’s treasury chief

Washington, United States—Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald...

US Treasury targeted by cyberattack

WASHINGTON—The US Treasury Department said Monday that a China state-sponsored actor was behind a cyber breach resulting in access to some of its workstations,...

Wall Street climbs as markets brace for possible govt shutdown

Wall Street stocks bounced higher Friday following a pullback in US Treasury yields as markets braced for a looming US government shutdown. Data showed the...

PH stocks, peso plunge on soaring US Treasury yields

Philippine stocks plunged below the 7,300 level Thursday, tracking the performance of Asian and US markets which were affected by soaring US Treasury yields. The...

Stocks fall amid worries over ME conflict, rise in US Treasury yields

Local stocks fell Thursday on mounting worries over the Middle East conflict and the rise in US Treasury yields The bellwether Philippine Stock Exchange index...

Stocks, peso fall on rising US Treasury yields

Local stocks and the peso started the trading week in the red amid rising US Treasury yields and growing concerns over China’s economy. The 30-company...

US Treasury takes steps to avoid default on gov’t debt

Washington—The US Treasury began taking measures Thursday to prevent a default on government debt as Congress heads towards a high-stakes clash between Democrats and...

Yellen set to insist for more Russia sanctions

WASHINGTON, United States—US Treasury Secretary Janet Yellen this week will call on her counterparts to ramp up the economic pain on Moscow over its...

US hits Myanmar ministers, central bank chief with sanctions

The US Treasury slapped sanctions on 16 senior Myanmar officials and family members Monday, citing their support for the government's "violent and lethal attacks"...

United States accuses Switzerland, Hanoi of manipulating currency

The US Treasury on Wednesday accused Switzerland and Vietnam of manipulating their currencies, partly to gain a trade advantage over American exports. In the semi-annual...

US Treasury reaches loan deal with seven major airlines

Washington—The US Treasury on Tuesday announced it had reached a deal with seven major US airlines including American and United to offer them loans...

Stock markets dive, safe havens eyed

Equity markets collapsed Monday as the rapidly spreading novel coronavirus (COVID-19) fans fears for the global economy, while a crash in oil prices added...

US sanctions Turkish ministers

Washington"•The US Treasury slapped punitive sanctions on Turkey’s defense minister and two other ministers Monday in response to Ankara’s military assault on northern Syria. Minister...
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