In a shocking move, the federal government has begun layoffs affecting thousands of employees due to the ongoing shutdown. With various agencies impacted, including Education and Commerce, the unions are pushing back against the legality of these actions.
In a drastic move, the White House has initiated layoffs affecting over 4,000 federal employees as part of its reduction-in-force strategy during the ongoing government shutdown. Key departments like Treasury and Health and Human Services are hit hardest, raising concerns about public services.
In a surprising move, the Trump administration has initiated a financial rescue plan for Argentina, with Treasury Secretary Scott Bessent directly buying pesos to support President Javier Milei. What does this mean for Argentina's future?
In a bold move to stabilize Argentina's economy, the US has purchased pesos and announced a $20bn financial rescue. This decision has sparked debate in the US, with critics questioning the timing amid domestic spending cuts.
The U.S. may mint a $1 coin featuring President Trump as part of the 250th anniversary of independence, navigating legal restrictions on living presidential images. Excitement builds as details unfold amid government challenges.
The Treasury Department is considering minting a $1 coin with Donald Trump's likeness for America's 250th birthday. The design features a profile of Trump and a defiant pose after an assassination attempt, stirring debate over legal and historical precedents.
The US Treasury is negotiating a $20 billion financial support package for Argentina, impacting US soybean farmers as Argentina ramps up soybean exports to China. American farmers express frustration over lost market share and falling prices.
A powerful coalition of former Federal Reserve chairs and economic advisors is urging the Supreme Court to block Trump's attempt to fire Fed Governor Lisa Cook amid her legal battle. This intervention highlights the critical need for Fed independence.
The U.S. Treasury’s potential intervention using the $219.5 billion Exchange Stabilization Fund has sent Argentina’s peso soaring. Experts weigh in on its implications for the country's economy and upcoming elections.
President Trump proposes replacing quarterly earnings reports with semiannual ones, aiming to focus on long-term goals and cut compliance costs for public companies. Treasury Secretary Scott Bessent supports the idea, citing potential benefits for investors.
