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U.S. Department of the Treasury

A collection of news and information related to U.S. Department of the Treasury published by this site and its partners.

Top U.S. Department of the Treasury Articles

Displaying items 1-11
  • Slower U.S. healthcare cost rise extending life of Medicare fund: trustees

    Slower U.S. healthcare cost rise extending life of Medicare fund: trustees
    WASHINGTON (Reuters) - Tamer spending at U.S. hospitals and expected savings from President Barack Obama's healthcare overhaul are shoring up the funding outlook for the Medicare program for the elderly, trustees of the program said on Monday. Medicare's...
  • Obama could curb corporate 'inversions' on his own: ex-U.S. official

    Obama could curb corporate 'inversions' on his own: ex-U.S. official
    President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday. By...
  • Border crisis: U.S. targets money launderers to track child smugglers

    Border crisis: U.S. targets money launderers to track child smugglers
    The increasingly costly and divisive border crisis is pushing federal investigators to crack down on money-laundering schemes they say are being used to smuggle thousands of Central American children into the United States. Agents from the Department of...
  • Top U.S. lawmaker wants corporate tax loophole 'plugged now'

    Top U.S. lawmaker wants corporate tax loophole 'plugged now'
    WASHINGTON (Reuters) - Immediate government action is needed to plug a loophole that allows U.S. corporations to avoid federal taxes by shifting their tax domiciles overseas through deals known as inversions, the head of the U.S. Senate Finance...
  • White House says health care tax credits to continue for now

    WASHINGTON President Barack Obama on Tuesday sought to downplay dueling court rulings over the validity of a key provision of the Affordable Care Act, but Republicans on Capitol Hill seized on the latest news as another reason the federal health care...
  • Customs under fire for sweeping scans of employees' personal data

    WASHINGTON A troubled division of Customs and Border Protection whose leader was recently ousted by the Obama administration is now accused of improperly scrutinizing the personal information of the agency's 60,000 employees for evidence of potential...
  • Two independent films set to begin shooting in Chicago

     Two independent films set to begin shooting in Chicago
    Ten years after making it to the finals of Matt Damon and Ben Affleck's "Project Greenlight," Chicago filmmaker Duane Edwards has lined up his first feature film project, slated to begin shooting locally this fall. The script, by Frederick Mensch, is...
  • U.S., EU impose new sanctions on Russia, Putin calls them a 'dead end'

    President Barack Obama imposed the biggest package of U.S. economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties....
  • How much income will that 401(k) generate?

    Forget the big number you're aiming for in your 401(k). The retirement savings industry wants you to instead think about the monthly paycheck the account can generate. In other words, the thinking goes, consider it more like a pension. BlackRock Inc.,...
  • Selling grandparents on the perks of 529 college savings plans

    CHICAGO (Reuters) - Many grandparents want to help their grandchildren pay for college, but don't know the best ways to do that. Financial advisers who can show them how to make those contributions and reap financial advantages for themselves can shine....
  • U.S. sanctions set to slow Rosneft's dollar debt, not oil deals

    NEW YORK (Reuters) - President Barack Obama aimed a direct blow at Russia's economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world's crude and over 8 percent of the country's GDP. But...