That’s $449 billion more than projected in January, due to a lower beginning-of-quarter cash balance and projections of lower-than-expected income tax receipts and higher spending. While Russia’s invasion of Ukraine remains a burden on U.S. economic growth, Treasury officials say the...
2023, debt reached that limit, and the Treasury announced a 'debt issuance suspension period', during which, under current law, it can take well-established 'extraordinary measures' to borrow additional funds without breaching the debt ceiling, a CBO statement said. ...
Treasury market. It involves the Securities and Exchange Commission’s proposed rules from March 28, 2022 to ‘Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers.”‘ DRW’s Don Wilson has written a commentary for Risk.net titled “Off target: SEC ...
ADR Risk. American Depository Receipts (ADRs) may be subject to certain of the risks associated with direct investments in the securities of foreign companies. ADRs may not track the price of the underlying securities on which they are based, and their value may change materially at times when...
It is believed that the yuan may see further appreciation in December. Weakening of the US dollar is the direct driver of the appreciation of the yuan exchange rate, and the decline of the US Treasury interest rate is the main reason for the weakening of the US dollar, analysts said.Local...
The $1.52 trillion gap for the 10 months through July was down 6% from the same period last year, Treasury Department data released Wednesday showed. For the month of July, the deficit was $244 billion — 16% smaller than July 2023, adjusted for calendar differences. The ad...
The Treasury Department is seen on Jan. 18, 2023, in Washington, D.C.Anna Moneymaker/Getty Images Asked twice Wednesday if there was evidence that House Republicans can ensure that the government will avert a default, White House press secretary Karine Jean-Pierre said it's their "constitution...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years.
American depositary receipts offer easy access to foreign markets but can also have drawbacks. Matt WhittakerandRachel McVearryOct. 2, 2023 Could AI Spark the Next Crisis? The best way to address AI's potential systemic risk? Quickly.
The second part of the package is to issue special treasury bonds to support large state-owned commercial banks in replenishing the core tier-1 capital, with an aim to enhance the banks' risk resilience and lending capacity to better serve the development of the real economy, according to Lan...