Today: September 21, 2024
Today: September 21, 2024

Latest From FATIMA HUSSEIN

Business|Economy|News|Political

Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners

Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database of that collects ownership information intended to help unmask shell company owners

Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners
News|Political|World

US sanctions money network tied to the Yemen Houthi rebels blamed for shipping vessel attacks

The U.S. is imposing sanctions on a group of money exchange services from Yemen to Turkey alleged to be providing funds to Iranian-backed Houthi rebels who have been launching attacks on commercial shipping vessels in the southern Red Sea

US sanctions money network tied to the Yemen Houthi rebels blamed for shipping vessel attacks
Business|News|Political|World

U.S. imposes more Russian oil price cap sanctions and issues new compliance rules for shippers

The U.S. has imposed new sanctions on alleged violators of its price cap on Russian oil and tightened compliance rules for insurance firms and shippers that move it

U.S. imposes more Russian oil price cap sanctions and issues new compliance rules for shippers
News|Business|Political

IRS to waive $1 billion in penalties for people and firms owing back taxes for 2020 or 2021

The IRS says it's going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 a year for tax years 2020 or 2021

IRS to waive $1 billion in penalties for people and firms owing back taxes for 2020 or 2021
Business|Economy|News

Congressional Budget Office projects lower inflation and higher unemployment into 2025

The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years

Congressional Budget Office projects lower inflation and higher unemployment into 2025
Business|News|Political

Janet Yellen says the Trump administration's China policies left the US more vulnerable

Treasury Secretary Janet Yellen says former President Donald Trump’s economic policies toward China left America “more vulnerable and more isolated” in the global economy

Janet Yellen says the Trump administration's China policies left the US more vulnerable
Business|News|Political|World

New sanctions from the US and Britain target Hamas officials who help manage its financial network

The United States has announced new war-related of sanctions against Hamas, targeting eight officials and representatives who help manage the militant group’s financial network

New sanctions from the US and Britain target Hamas officials who help manage its financial network
Business|News|Political|World

US announces new sanctions on Russia's weapons suppliers as Zelenskyy visits Washington

The Biden administration is hitting hundreds of people and firms around the globe with new economic and diplomatic sanctions as the U.S. targets third-country contributors that are equipping Russia’s invasion of Ukraine

US announces new sanctions on Russia's weapons suppliers as Zelenskyy visits Washington
News|Political

U.S. sanctions officials from Afghanistan to China on declaration of human rights anniversary

The U.S. on Friday imposed sanctions on 20 people, from Afghanistan to China to Haiti to Iran, accused of violating human rights in their respective nations

U.S. sanctions officials from Afghanistan to China on declaration of human rights anniversary
Business|News|Political|World

US sanctions money lending network to Yemen's Houthi rebels, looks to boost maritime protections

The White House is encouraging Mideast allies to join the Combined Maritime Forces, a partnership that exists to counter malign action by non-state actors in international waters

US sanctions money lending network to Yemen's Houthi rebels, looks to boost maritime protections
Health|News

In Mexico, Yellen announces economics sanctions as the US aims to crack down on fentanyl trafficking

Treasury Secretary Janet Yellen has announced economic sanctions against 15 people and two companies that the United States says are linked to a Mexican drug cartel

In Mexico, Yellen announces economics sanctions as the US aims to crack down on fentanyl trafficking
Business|News|Political

U.S. imposes new round of sanctions over Russia's invasion of Ukraine

The U.S. has imposed sanctions on a Belgian involved in procuring electronics for the Russian military, his companies and a group of Belarusian firms and people tied to Russia’s invasion of Ukraine

U.S. imposes new round of sanctions over Russia's invasion of Ukraine
Health|News|Political

Janet Yellen is heading to Mexico after Treasury launches a new fentanyl trafficking strike force

Treasury Secretary Janet Yellen is heading to Mexico this week, a trip announced shortly after her agency created a new strike force to help combat illicit fentanyl trafficking

Janet Yellen is heading to Mexico after Treasury launches a new fentanyl trafficking strike force
Business|News|Political

US sanctions financial network tied to Iranian oil sales

The U.S. Treasury Department has imposed a new round of sanctions against a group of 20 people and firms who are allegedly involved in a financial facilitation network for the benefit of the Iranian military

US sanctions financial network tied to Iranian oil sales
Business|News|Political

IRS delays reporting rules for users of Venmo, Cash App and other payment apps

Users of Venmo, Cash App and other payment apps will get a bit of a tax reprieve this year

IRS delays reporting rules for users of Venmo, Cash App and other payment apps
Business|News|World

US imposes new sanctions over Russian oil price cap violations, Kremlin influence in the Balkans

The U.S. Treasury has levied a new round of sanctions on firms and ships that used U.S. service providers to carry Russian crude oil in violation of the multinational price cap — and imposed another set of sanctions on a group of Balkan people and firms tied to Kremlin influence in the region

US imposes new sanctions over Russian oil price cap violations, Kremlin influence in the Balkans
Business|News|Political|World

A third round of US sanctions against Hamas focuses on money transfers from Iran to Gaza

The United States says it has imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers

A third round of US sanctions against Hamas focuses on money transfers from Iran to Gaza
Business|News|Political|World

The US sanctions Mexican Sinaloa cartel members and firms over fentanyl trafficking

The Treasury Department has imposed sanctions on 13 members of Mexico’s powerful Sinaloa cartel and four Mexico-based firms accused of trafficking fentanyl into the United States

The US sanctions Mexican Sinaloa cartel members and firms over fentanyl trafficking
Business|News|Political

Treasury's Yellen calls Republican effort to cut IRS funding for Israel 'damaging and irresponsible'

The IRS commissioner says for the agency to keep building on its customer service and enforcement priorities it needs a reliable funding stream

Treasury's Yellen calls Republican effort to cut IRS funding for Israel 'damaging and irresponsible'
Business|News|Political

House GOP targets IRS in bill to provide emergency aid to Israel

House Republicans went after the IRS when they decided that emergency aid for Israel should be coupled with cuts elsewhere in the budget

House GOP targets IRS in bill to provide emergency aid to Israel
Business|News|Political|World

The US sanctions more foreign firms in a bid to choke off Russia's supplies for its war in Ukraine

Secretary of State Antony Blinken says the U.S. has imposed a new round of sanctions targeting Russia over its invasion of Ukraine

The US sanctions more foreign firms in a bid to choke off Russia's supplies for its war in Ukraine
Business|News|World

Oil prices could reach 'uncharted waters' if the Israel-Hamas war escalates, the World Bank says

The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas widens

Oil prices could reach 'uncharted waters' if the Israel-Hamas war escalates, the World Bank says
News|Political|World

US eases oil, gas and gold sanctions on Venezuela after electoral roadmap signed

The United States has agreed to temporarily suspend some sanctions on Venezuela’s oil, gas and gold sectors

US eases oil, gas and gold sanctions on Venezuela after electoral roadmap signed
Business|News|Political

US imposes more Iran drone sanctions as UN rules set to expire

The U.S. has imposed sanctions on a group of people and firms based in Iran, China, Hong Kong and Venezuela, tied to the development of Iran’s ballistic missile and drone programs

US imposes more Iran drone sanctions as UN rules set to expire
Business|News|Political|World

The US sanctions 10 Hamas members and its financial network over the surprise Israel attack

Secretary of State Antony Blinken says new U.S. sanctions are “directed at Hamas terrorists and their support network," not at Palestinians

The US sanctions 10 Hamas members and its financial network over the surprise Israel attack

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