Tags: US

Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers

Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers

The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.


US Credit Card Debt Soars to a New Record High of $1.13 Trillion

Credit card balances in the US reached a new record high of $1.13 trillion, according to data released by the Federal Reserve Bank of New York.

Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen

The Iranian-backed Houthi rebels fired missiles at two commercial vessels in the Red Sea on Tuesday, the first attacks since the US and UK launched strikes against dozens of Houthi targets in Yemen over the weekend.

Top US Treasury Officials to Visit China to Discuss Economic Issues That Put the Two Superpowers at Odds

A team of five officials from the US Treasury Department is heading to China this week for economic talks.


Latest News

US Congress Negotiators Strike Deal on 12 Government Spending Bills
Bipartisan negotiators in the US Congress have reached an agreement on spending levels in the 12 bills crucial in preventing a government shutdown.
US Disabled Widespread Chinese Hacking Operation That Compromised Thousands of Internet-Connected Devices: Report
The US has reportedly taken measures to counter a widespread Chinese hacking operation that compromised thousands of internet-connected devices.
British Oil Tanker Hit by Houthi Missile After Firing at US Warship as China Urges Rebels to Stop Red Sea Attacks
A British oil tanker was reported to be engulfed in flames in the Gulf of Aden after Houthi rebels hit it with a missile on Friday after transiting the Red Sea.
US-ECONOMY-BUSINESS-FINANCE-BANKING
Treasury Secretary Janet Yellen supported President Joe Biden's economic program, comparing it with that of former President Donald Trump.
West in Danger of Losing $288 Billion if It Confiscates Frozen Russian Assets to Help Rebuild Ukraine: Report
Russia's state-owned news agency RIA said the West could lose $288 billion if they decide to confiscate frozen Russian assets to help rebuild Ukraine.
China’s Yuan Beats US Dollar as the Top Currency Traded in Russia
China's yuan has ousted the US dollar as the most traded currency in Russia in 2023. China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.
US Designates Houthis as Terrorists, Launches Fresh Strikes in Yemen After Rebels Hit Another US-Operated Ship
The US has put Houthi rebels back on a list of terrorist organizations following the Yemen-based group's attack on another US-operated vessel in the Red Sea region.
Joe Biden Administration Takes Credit for December’s Strong Retail Sales Numbers, Says 'That's Bidenomics at Work'
The administration of President Joe Biden has claimed credit for the strong retail sales numbers in December, saying, "That's Bidenomics at work."
New Colorado Tax Credit Aims to Slash Child Poverty, Leveraging TABOR Surplus
The chairmen of Congress' top tax policy committees announced on Tuesday a bipartisan initiative to enhance the child tax credit and reintroduce various tax breaks for businesses.
US Launches Additional Strikes Against Houthis in Yemen as Rebels Hit Greek Cargo Ship With Missile in Red Sea
The US military launched new strikes in Yemen on Tuesday, targeting anti-ship ballistic missiles in a part of the country controlled by Houthi rebels.
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