Oct 23 Islamic State group earning $1 million per day in black market oil, U.S. says By Deb Riechmann, Associated Press WASHINGTON — Islamic State militants are raking in money at a remarkable rate, earning about $1 million a day from black market oil sales alone, a Treasury Department official said Thursday. David Cohen, who leads the department’s effort to undermine… Continue reading
Sep 08 Treasury wants to make overseas inversions less profitable for U.S. corporations By Stephen Ohlemacher, Associated Press A growing number of U.S. companies are shifting their addresses abroad in an effort to reduce their U.S. taxes. The maneuver is known as a corporate inversion. Continue reading
Jul 11 2014 budget deficit to drop to $583 billion, White House says By Andrew Taylor, Associated Press WASHINGTON — The White House says this year's budget deficit will drop to $583 billion, the lowest level of President Barack Obama's tenure. Continue reading
May 05 Tough new IRS penalties set to target Russian banks By Stephen Ohlemacher, Associated Press Russian banks that buy U.S. securities after July 1 will forfeit 30 percent of the interest and dividend payments. The withholding applies to stocks and bonds, including U.S. Treasuries. Some previously owned securities would be exempt from the withholding, but… Continue reading
Oct 03 Watch Defaulting on U.S bond obligations could cause ‘mother of all financial crises’ Defaulting on U.S bond obligations could cause 'mother of all financial crises'… Continue watching
May 21 Watch Senate Committee Grills Former IRS Commissioners on When Officials Knew Facts Senate Committee Grills Former IRS Commissioners on When Officials Knew Facts… Continue watching
Sep 14 Watch Four Years After Bailouts, Banks Have Bounced Back, Still Making Risky Bets Four Years After Bailouts, Banks Have Bounced Back, Still Making Risky Bets… Continue watching
Aug 02 Watch Making Sen$e of Bailouts: Why the U.S. Government Bought ‘Troubled Assets’ Making Sen$e of Bailouts: Why the U.S. Government Bought 'Troubled Assets'… Continue watching
Apr 13 Watch Geithner on Potential Deficit Deal: ‘We’re Closer Than People Think’ President Obama spelled out his plan Wednesday for cutting the deficit by $4 trillion over 12 years. Treasury Secretary Timothy Geithner speaks with Jim Lehrer about the president's budget goals and the likelihood of getting cooperation from congressional Republicans. Continue watching
Jul 06 Watch As Economy Jitters Persist, Geithner ‘Confident We’re Going to Continue to Grow’ Concerns about the economic recovery lingered on Wall Street as the service industry grew at a slower rate than expected last month. Jim Lehrer talks with Treasury Secretary Timothy Geithner about the state of the U.S. economy, a tough housing… Continue watching