“U.S. treasury officials have two main goals: keep the market well supplied and deprive Russia of oil revenue,” Ben Cahill, a senior fellow at the Washington-based Center for Strategic and International Studies, recently told Bloomberg.“They are aware that Indian and Chinese refiners can ear...
The US federal government's public debt has skyrocketed at a breakneck pace to an unprecedented $35 trillion, smashing the record set just months ago and sending fresh worries to the global market. The reading once again reminded the world of the ticking time bomb it has to face as a resul...
An appeals court has agreed that a federal trial judge acted properly last month in declining to rule on the eligibility of voters in an unresolved North Carolina Supreme Court election Associated PressFeb. 4, 2025 North Carolina Officials Make Urgent Request to Lawmakers on Helene and Other Hurri...
Observers said that the rapid increase in U.S. debt was caused by the spending spree of the U.S. government following the COVID-19 pandemic, while there had been no notable increase in U.S. government revenue, resulting in a widening fiscal deficit. ...
The Postal Service said operating revenue fell $321 million, or 0.4%, to $78.2 billion compared to the same period last year, as first-class mail fell to the lowest volume since 1968. The federal entity pointed to $2.6 billion in inflation costs and a decrease in mail volume for the ...
These seven high-quality ETFs provide superior monthly dividend income. Glenn FydenkevezFeb. 14, 2025 What Are the BATMMAAN Stocks? If you're ready to move beyond Magnificent Seven stocks, there's a new acronym on Wall Street with one key addition. ...
There may also be efforts to cut funding for the Internal Revenue Service (IRS), the Environmental Protection Agency (EPA) and the Department of Education, while protecting spending on Social Security, Medicare, defense and veterans’ programs. And there have also been calls to repeal...
Internal Revenue Service(IRS),a bureau of the United States Department of the Treasury.These regulations are the Treasury Department’s official interpretations of the Internal Revenue Code[1]and are one source of U.S.federal income tax law.(财政部条例是美国国税局(IRS)发布的税收法规,美国国税局...
Boockvar notes that during the third quarter, federal gross interest payments hit$737 billion on an annualized basis, according to last week’s GDP report. That’s up from $516 billion two years ago and rivals thenearly $800 billionthat is expected to be spent on defense in fiscal 2023. ...
US fast-food chain records like-for-like improvement in revenue, with business improving in Middle East Save February 5 2025 Mattel Inc Barbie maker Mattel warns it could raise prices to mitigate tariffs Toymaker has some production in Mexico and China Save January 29 2025 Starbucks Corp...