World Jan 30 U.S. considering more measures against Venezuelan President Maduro after pulling some sanctions relief The U.S. is considering additional measures against Venezuelan President Nicolás Maduro's government after the South American country's highest court blocked the presidential candidacy of an opposition leader.
Politics Jan 29 The IRS is launching a direct file pilot program for the 2024 tax season — here is how it will work The Direct File pilot program is set to be rolled out in phases. First, select government employees are being invited to participate. It will expand to certain other taxpayers in February and March.
Politics Jan 25 WATCH: Yellen delivers remarks in Chicago on U.S. economic growth and investments Treasury Secretary Janet Yellen is visiting the Midwest this week to make a case for the Biden administration's economic agenda and offer a reminder about the Trump administration tax cuts, which she says added to the deficit and did little to promote…
Politics Jan 24 WATCH: Biden endorsed for reelection by United Auto Workers President Joe Biden has long billed himself as the most labor-friendly leader in American history, and went so far as to turn up on a picket line with union workers at a GM parts warehouse in the Detroit area during…
World Jan 22 U.S. sanctions Iraqi airline Fly Baghdad, its CEO and Hamas cryptocurrency financiers The sanctions come as Israel's bombing campaign on the Gaza Strip continues and Iranian-backed militias in Iraq launch regular strikes against bases housing U.S. forces in Iraq and Syria.
Politics Jan 17 Yellen says current U.S. economic growth ‘vindicates’ Biden’s COVID-19 pandemic stimulus spending Treasury Secretary Janet Yellen is making an election-year pitch that the current state of the economy "vindicates" Democrats' decision to pass a $1.9 trillion coronavirus pandemic response package back in 2021.
World Jan 13 Global day of protests draws thousands to D.C., other cities in pro-Palestinian marches Thousands of demonstrators converged in the U.S. capital on Saturday to call for an end to Israeli military action in Gaza as part of a global day of protests against the longest and deadliest war between Israel and Palestinians in 75 years.
Nation Jan 10 Despite funding boost, IRS still grapples with backlogs and identity theft, watchdog warns The IRS is experiencing “extraordinary delays” in assisting identity theft victims, taking nearly 19 months to resolve self-reported cases, which the report calls “unconscionable" since a delay in receiving a refund can worsen financial hardships.
Economy Jan 08 Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners Yellen says the database will send the message that "the United States is not a haven for dirty money." She also says Treasury is considering boosting rules related to commercial real estate transactions.
Politics Jan 02 U.S. national debt hits record $34 trillion as Congress gears up for funding fight The record high comes after Republican lawmakers and the White House agreed to temporarily lift the nation's debt limit last year after the government ran up against its legal borrowing capacity and needed to implement "extraordinary measures" to avoid default.