MORNING TOP NEWS AND BLOG
US treasury secretary Scott Bessent said the department would need to refund roughly half of the collected tariffs if the...
The license was granted after Venezuelan President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian program...
The U.S. budget deficit narrowed last year, but a cooling economy and rising interest rates put it on track to...
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor...
WASHINGTON—The U.S. and its partners are rushing to hammer out an agreement on a level for a price cap on...
Caterpillar Inc. said the settlement included the resolution of the disputed tax treatment of profits earned by a subsidiary from...
WASHINGTON—The British Treasury chief said the U.K. was committed to a U.S.-led effort to put a cap on the price...
WASHINGTON—The U.S. has imposed a set of powerful sanctions against Russia’s economy to punish it for the invasion of Ukraine....
WASHINGTON—The U.S. Treasury Department is softening its limits on foreign tax credits, responding to corporations that have been warning about...
WASHINGTON—The Biden administration’s international tax agenda suffered a setback when Sen. Joe Manchin rejected a 15% minimum tax on multinational...
WASHINGTON—Senators pressed Jay Shambaugh, President Biden’s pick to serve as the Treasury Department’s top economic diplomat, about the administration’s efforts...
HONG KONG—Chinese Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke by videoconference about topics including American tariffs...
A U.S. push to pare back one of the European Union’s sanctions on Russian oil has tentatively started to gain...
Russian gold and diamonds could still be sold in the U.S. despite being sanctioned, lawmakers and industry participants say, unless...
WASHINGTON—More than six years into an Internal Revenue Service clampdown on what the agency says are abuses of land-conservation tax...
WASHINGTON—Michael Barr, a former Treasury Department official, is the White House’s leading candidate to serve as the Federal Reserve’s top...
WASHINGTON—President Biden on Monday released a $5.8 trillion budget that envisions a substantial increase in U.S. defense spending, a sign...
IRS processing delays and federal policy changes are creating headaches for businesses and nonprofits using a popular wage subsidy that...
WASHINGTON—The White House is set to release an executive order this week tasking several federal agencies with conducting a broad...
The U.S. is planning to hand out $10 billion to help upstart companies gain access to capital in a bid...
