US Treasury

Currency weakens and government bond yields rise as crude oil prices and US Treasury yields climb amid geopolitical tensions in West Asia

US President Donald Trump's signature is set to feature on US paper currency soon, a first for a sitting president since the introduction of dollar bills in 1861. The decision, taken by the US Treasury, coincides with the 250th anniversary celebrations of American Independence this year. "In celebration of America's 250th anniversary, President Donald J Trump's signature alongside (Treasury) Secretary Scott Bessent's will soon appear on US currency, marking a first in history, and symbolizes @POTUS' leadership and dedication to our great nation will carry a lasting impact," US Treasurer Brandon Beach said in a post on X. Earlier this month, a federal arts commission approved the final design for a 24-karat gold commemorative coin bearing Trump's image to help celebrate the 250th anniversary of American Independence. "Under President Trump's leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability," Bessent said i

The US Treasury Department is terminating all use of Anthropic products, including use of its platform, Secretary Scott Bessent said a social media post on Monday.

Yields rose broadly following the court's decision with the rate on the benchmark 10-year note climbing to 4.10%

The inquiry adds to ongoing scrutiny of the conglomerate, including a US bribery probe in which the group's chairman has been indicted

President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president's tax information to news outlets. The suit, filed in a Florida federal court on Thursday, was also brought by Eric Trump, Donald Trump Jr. and the Trump organization as plaintiffs. In 2024, former IRS contractor Charles Edward Littlejohn of Washington, D.C. - who worked for Booz Allen Hamilton, a defense and national security tech firm - was sentenced to five years in prison after pleading guilty to leaking tax information about Trump and others to news outlets. Littlejohn gave data to The New York Times and ProPublica between 2018 and 2020 in leaks that appeared to be "unparalleled in the IRS's history," prosecutors said. Trump's suit states that Littlejohn's disclosures to the news organizations "caused reputational and financial harm to Plaintiffs and adversely impacted President Trump's support among voters in the 2

Comments come ahead of India-EU free trade agreement talks and ongoing tariff disputes

India's benchmark 10-year government bond yield rose to a 10-month high of 6.68% amid rising US Treasury yields, while markets await cues from the state bond auction

The G7 includes the United States, Britain, Japan, France, Germany, Italy and Canada, as well as the European Union, most of whom are heavily dependent on rare earths supplies from China

An RBI staff study says gold remains the most stable asset during geopolitical stress, while crude oil is the most sensitive to shocks; silver and US Treasuries show intermediate reactions

Bessent has narrowed the search for a successor to Fed Chair Jerome Powell, whose leadership term expires in May, to five from as many as 11, and said in an interview with CNBC

In one email, sent in October 2017, Summers told Epstein that Trump was the 'world s luckiest guy in terms of opposition, economy etc. still think his world will collapse'

On Monday, Trump again posted on the payout idea on Truth Social, saying that the tariff revenue money "left over from the $2,000 payments" would be used to "substantially pay down national debt"

President Donald Trump expressed optimism that talks with Chinese officials could yield an agreement to defuse the crisis that saw the US leader threaten to drastically hike tariffs

President Donald Trump's dramatic tariff hikes helped spur a net $195 billion in tariff revenue for the fiscal year, which ended September 30

President Donald Trump and Bessent are making a bet on a nation that's defaulted and devalued repeatedly over the past several decades

The draft design of the coin, which was overseen by the Office of the US Treasurer Brandon Beach, features Trump's profile on one side of the coin

A federal appeals court ruled Friday that President Donald Trump had no legal right to impose sweeping tariffs on almost every country on earth but left in place for now his effort to build a protectionist wall around the American economy. The US Court of Appeals for the Federal Circuit ruled Trump wasn't legally allowed to declare national emergencies and impose import taxes on almost every country on earth, a ruling that largely upheld a May decision by a specialised federal trade court in New York. It seems unlikely that Congress intended to ... grant the President unlimited authority to impose tariffs, the judges wrote in a 7-4 ruling. But they did not strike down the tariffs immediately, allowing his administration time to appeal to the Supreme Court. The president vowed to do just that. If allowed to stand, this Decision would literally destroy the United States of America, Trump wrote on his social medial platform. White House spokesman Kush Desai said Trump had acted lawfu

"I don't think Nvidia needs financial support, so that seems not on the table right now," he said in an interview on Fox Business' "Mornings with Maria" program

Trump's trade policy could channel over $10 trillion into US factories by linking tariff relief for allies to targeted investments in critical industries