In desperate bid for cash, the Treasury is auctioning one-day bills
Synopsis by CNN Jun 01 23
For the first time since 2007, the Treasury Department is auctioning bills that mature in ...Read full article 
CNN: In desperate bid for cash, the Treasury is auctioning one-day bills
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| Last Updated | Jun 01 23 |
| Total Articles | 1 |
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Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Western Australia's King River Tavern dumps electronic payments to ensure cash remains king
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Withdraw cash: Not cheap for trading: Just withdraw cash at the supermarket checkout - People in Germany are doing exactly that more and more often ...
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Foreign holdings of US Treasuries hit record high; Japan holdings rise, data shows
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Cyprus and U.S. to form partnership to combat financial crime - ICIJ: The two countries are finalizing an agreement under which the U.S. Justice Department and ...
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US, UK announce new sanctions on Iran after missile and drone strike on Israel: The United States and the United Kingdom announced widespread sanctions against ...
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Quick Glance: Israeli Push for Sanctions Against Iran Amid ‘Diplomatic Offensive’
- Israel has launched a “diplomatic offensive” against Iran, urging sanctions against the Islamic republic.
- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
US, UK unveil sweeping sanctions on Iran in response to its attack on Israel: WASHINGTON: The United States and the United Kingdom announced widespread sanctions ...
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Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
High Tide: Potential For Long-Term Compounding Through Its Differentiated Ecosystem
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Paid articlePaid US sanctions target Hamas spokesperson, drone program leaders: The United States on Friday issued sanctions aimed at a Hamas spokesperson and leaders of the ...
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US Treasury's Adeyemo warns 'malign' actors are using virtual assets: The U.S. Treasury Department fears terrorist groups will increase their use of virtual ...
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Treasury Department plans to impose new sanctions on Iran after Israel attack: Yellen's comments come as Israel's war cabinet is weighing how to respond to the ...
cnbc.com/2024/04/16/treasury-department-to-impose-sanctions-on-iran-after-israel-attack.html
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
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M’sians have split views over possible new EPF account: PETALING JAYA: With a new possible source of disposable cash in EPF’s to-be-announced Account 3 ...
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Zoom Video: Deep Value In Tech - 35% Net Cash, $1.5 Billion Buyback Program: Zoom's stock initially surged after earnings report but has since retraced gains ...
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Nigerian father shares grief after daughters killed in car cash: The driver is due to appear in court on a charge of reckless driving, police say.
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If Trump wins, he plans to free Wall Street from 'burdensome regulations': A second Trump White House would seek to sharply reduce the power of U.S ...
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Nigerian Breweries to shut down two plants: Job cuts are a strong possibilityamong the “operational efficiencymeasures” to be adopted by thecompany in the days ...
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US Treasury Seeks More Sanctions Powers Against Crypto Exchanges: The US Treasury Department is asking politicians for more enforcement powers to use against ...
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Instead of cash: Bundestag approves payment card for asylum seekers: In the end, only one Green MP from the ranks of the traffic light coalition voted against: ...
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Scoop: Treasury wants "sharper scalpel" to dissect foreign investment into the U.S.
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Tax Day 2024: Where's my refund and why not everyone in Michigan must file by April 15
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Detroit's $400,000 Hollywood-style sign inspires diss tracks: Detroit commissioned a large sign as it gets ready to showcase its economic recovery on NFL Draft ...
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NatWest Group to close 80 bank branches in 2024: Find out if your local bank branch will be shutting its doors next year
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U.S. Senator adds to warning of Vista's ammo deal with Czech group: The company's $1.9B deal hinges on CFIUS ruling.
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Company defends Trump’s $175 million bond in new filing : Trump’s $175 million bond is secured by his cash, according to the company backing an arrangment that ...
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Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals
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US sanctions Hamas spokesperson, leaders of drone unit: The Treasury Department announced Friday it issued sanctions against a Hamas spokesperson and leaders of ...
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Yellen Warns China on Exports and Russia Support: Beijing’s economic policies threaten American workers, Treasury Secretary Janet L. Yellen told Vice Premier He ...
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Quick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
Worcester councillor asks to use Ukraine cash for dog mess: Alan Amos asks why ringfenced cash for refugees cannot be spent on cleaning up dog poo and litter.
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Yellen to return to China, press counterparts on excess factory capacity threat: U.S. Treasury Secretary Janet Yellen will return to China this week to continue ...
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Easy Coach bus driver charged with causing death of Chavakali student: George Onyango Riako was released on a Sh50,000 bond or cash a bail of Sh200 ...
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U.S., China agree to hold more talks about economic concerns: The announcement is a very minor step aimed at cooling tensions around overproduction concerns.
axios.com/2024/04/06/us-china-yellen-economy-negotiation
Biden and Democrats report raising $90 million-plus in March, stretching their cash lead over Trump
apnews.com/article/biden-fundraising-192-million-first-quarter-trump-40f48fae38ca76bcbd54fe62edf5795f
Quick Glance: Trump campaign expects $50 million haul at fundraiser
- Former President Trump is expected to rake in approximately $50 million at a fundraising event in Palm Beach, Florida, on Saturday night, under the leadership of hedge fund billionaire John Paulson. This amount would double what three Democratic presidents recently raised for President Biden’s reelection campaign war chest.
- The expected sum would double the amount raised by Biden's campaign at a fundraiser in New York City last week.
- The event will help support Trump's campaign, the Republican National Committee (RNC), his Save America PAC, and state GOP parties under their joint fundraising agreement.
- Trump and the RNC announced that they raised more than $65.6 million last month and entered April with over $91.3 million in cash. The Biden campaign's fundraising arm was also active in March, revealing a $90 million haul for the month and starting the second quarter with $192 million in cash on hand.
Boom times for US green energy as federal cash flows in: The US government has directed unprecedented sums of money at green energy projects.
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Asda drivers boycott over new petrol station rules and warn 'you'll lose custom': Asda, which is rivalled by the likes of Tesco, Morrisons, Sainsbury's and ...
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Thieves steal over $40 million from L.A. cash vault, vanish without a trace - National | Globalnews.ca
trib.al/4ZfBmbC
W.W. Grainger Made Strategic Finetuning But Valuation Stretches (Rating Downgrade)
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US and China agree to start new talks on 'balanced' economic growth: The United States and China have agreed to hold "intensive exchanges on balanced growth" ...
france24.com/en/live-news/20240406-us-china-agree-to-hold-talks-on-balanced-economic-growth
Quick Glance: US and China Reach Accord on New Talks for 'Balanced' Economic Growth
- The United States and China have agreed to hold 'intensive exchanges on balanced growth', as stated by the US Treasury Department, following two days of discussions between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.
- These planned talks signify the latest advancement in joint efforts to stabilize relations between the world's top two economies since a meeting between Presidents Joe Biden and Xi Jinping last November.
- Yellen emphasized that these exchanges will facilitate a discussion on macroeconomic imbalances, including the link to overcapacity, and her intention to advocate for a fair playing field for American workers and companies.
- The US Treasury Secretary cautioned against China's overcapacity risks and highlighted the importance of dialogue to avoid potential conflicts, noting progress in the talks and the structured continuation of discussions as crucial.
The best cash Isas for the 2024-25 new tax year: Find out why now is a good time to open a tax-free savings account
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US issues fresh Iran-related sanctions targeting vessel owner: The United States on Thursday imposed new Iran-related counterterrorism sanctions against ...
reuters.com/world/us-issues-fresh-iran-related-sanctions-targeting-vessel-owner-2024-04-04/
Janet Yellen tackles China over flood of cheap goods: Janet Yellen has kicked off her second visit to China as US treasury secretary with a warning of the risk ...
cnn.com/2024/04/04/business/yellen-us-china-economic-relations-hnk-intl/
Quick Glance: Yellen Warns China of Overproduction Risks
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- Yellen highlighted the consequences of the overcapacity of Chinese goods in key industries such as electric vehicles and solar panels, stating that this could impact American firms, workers, and companies globally.
- She discussed potential trade barriers that could be considered if China does not respond to warnings about overcapacity, emphasizing that China is flooding the global market with cheap, state-subsidized products.
- Yellen emphasized the importance of a level playing field for companies and workers in both countries and continued her discussions on bilateral cooperation in areas such as climate change and financial stability with Chinese counterparts.
Five Tips for Nabbing Your Dream Home in a Tough Market: Low inventory doesn’t mean you’re out of luck on finding a home to buy that’s right for you ...
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Buying bread rolls by card only: why a Bonn bakery will no longer accept cash payments from May
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The Armaguard saga shows we’re a long way from ditching cash entirely: Financial troubles at Armaguard highlight the strain on the system used to distribute cash ...
smh.com.au/business/banking-and-finance/the-armaguard-saga-shows-we-re-a-long-way-from-ditching-cash-entirely-20240404-p5fhb2.html
$1.3 Billion Powerball Winning Ticket Was Sold in Oregon After Drawing Delays: The jackpot is the fourth-largest in Powerball history, with a cash value of $621 ...
wsj.com/us-news/1-3-billion-powerball-winning-ticket-was-sold-in-oregon-after-drawing-delays-8eccafed
Quick Glance: Player Falls Short of $1.13 Billion Powerball Jackpot - Huge Wins in Washington
- A ticket in Washington secured $1 million, but narrowly missed the $1.13 billion jackpot, officials confirmed.
- Although the tickets matched five numbers, the Powerball eluded the player in the April 3 draw, shared by Washington’s Lottery.
- As per the national Powerball site, the grand prize, escalating to an estimated $1.23 billion, remained unclaimed for the upcoming draw on April 6.
- The winning combination comprised the numbers 11, 38, 41, 62, and 65, with the Powerball being 15. Washington also boasted over 49,000 other winning tickets ranging from $4 to $50,000.
Reinstating the SATs Will Only Make Rich Kids Richer: The SATs are back. It is higher education’s latest cash grab, writes Evan Mandery.
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How to compete for a property, even when your rival is cashed up: More than a quarter of home buyers now pay cash, no mortgage needed, so efforts to outbid them ...
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Why is everyone freaking out about The Corporate Transparency Act? : Maybe it’s unconstitutional and if so, then so be it. But I get why it exists and I don’t ...
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The China pushback uniting major world powers: Large economies have taken aim at cheap products from subsidized Chinese industries.
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More than gold: Track and field becomes first sport to pay Olympic winners: Starting this summer in Paris, first place in track and field events will come with a ...
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Quick Glance: World Athletics Introduces Prize Money for Olympic Champions
- World Athletics has announced it will be the first federation to award prize money at the Olympic Games, with a total prize pot of $2.4 million for the Paris Olympics and gold medallists receiving $50,000.
- President Lord Coe emphasized the importance of creating a stable financial landscape for athletes, describing the decision as a pivotal moment.
- The introduction of prize money for Olympic gold medallists was highlighted as a crucial step for World Athletics and the sport as a whole, recognizing the athletes' critical role in the success of the Games.
- It was noted that the payment of prize money will be subject to athletes undergoing standard anti-doping procedures, and details regarding the structure of prize money for the 2028 Games will be revealed later.
RFK Jr. Received $2 Million From His Running Mate, Nicole Shanahan: The infusion of cash into his presidential campaign came a day after he announced Ms ...
nytimes.com/2024/04/18/us/politics/rfk-jr-fec-report.html
Cyprus and U.S. to form partnership to combat financial crime - ICIJ: The two countries are finalizing an agreement under which the U.S. Justice Department and ...
icij.org/investigations/cyprus-confidential/cyprus-and-u-s-to-form-partnership-to-combat-financial-crime/
Quick Glance: Cyprus and U.S. Join Forces Against Financial Crimes
- The United States and Cyprus are establishing a partnership to combat money laundering and other financial crimes.
- Cypriot law enforcement agencies are set to sign a memorandum of agreement to collaborate with the U.S. Justice Department and Federal Bureau of Investigation.
- The initiative will also involve the U.S. State Department’s Bureau of International Narcotics and Law Enforcement Affairs, along with Cyprus’ Justice Ministry and the country’s Financial Intelligence Unit.
- The partnership was prompted by the findings of the Cyprus Confidential investigation, revealing Cyprus' involvement in moving illicit funds for Russian President Putin and other dictators.
Businessman behind Trump's NY bond says he charged him a 'low fee': Don Hankey, the billionaire businessman whose company Knight Specialty Insurance provided the ...
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Quick Glance: New York Demands Further Details on Trump's $175 Million Appeal Bond in Civil Fraud Case
- Following former President Donald Trump's posting of a $175 million bond, state attorneys are requesting more information about the bond's legitimacy.
- State Attorney General Letitia James' office has given Trump's lawyers or the bond underwriter a 10-day period to justify the bond, potentially requiring more disclosure about the collateral provided by Trump.
- A hearing has been scheduled for April 22 after an appeals court significantly reduced the bond amount needed, leading to calls from Trump's lawyer for a baseless public quarrel.
- The underwriter, Knight Specialty Insurance Co., has been contacted for comment, but there has been no response so far.
Cash, drugs and booze among record election bribes seized by India: A record quantity of bribes, including cash, booze, drugs and precious metals ...
cnn.com/2024/04/17/india/india-election-commission-bribe-seizure-hnk-intl/
40 Best High School Graduation Gift Ideas to Celebrate This Milestone: Looking for the best high school graduation gift ideas? These editor-picked gifts for high ...
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Corporate Transparency Act creates uncertainty in administering bankruptcy cases: Schuyler G. Carroll, Bethany D. Simmons and Noah Weingarten of Loeb & Loeb LLP ...
reuters.com/legal/litigation/corporate-transparency-act-creates-uncertainty-administering-bankruptcy-cases-2024-04-02/
Three takeaways as Democratic donors pour cash into fight for Senate: Democrats face an uphill battle to keep control of the Senate, but new fundraising reports ...
nbcnews.com/politics/2024-election/three-takeaways-democratic-donors-pour-cash-fight-senate-rcna148045
Police arrest six, seek three others linked to Canada's largest gold heist: Canadian and U.S. authorities said on Wednesday six people have been arrested and ...
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Quick Glance: Six Arrested in $22M Airport Gold Heist, Inside Job Unveiled
- Six individuals were arrested for the multimillion-dollar gold heist at Toronto's Pearson International Airport.
- Police identified it as an 'inside job' and charged nine suspects in connection with the crime.
- Investigations revealed that former Air Canada employees were allegedly involved in the theft.
- The criminals intended to use the stolen gold and cash to finance illegal firearms trafficking into Canada.
Spirit Airlines furloughs 260 pilots to save money: Spirit Airlines said on Monday it has reached a deal with Airbus to delay all aircraft deliveries scheduled ...
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HMRC alerts for £2,000 cash boost for those born between specific dates: The HMRC is urging people to check if they are owed unclaimed savings in the form of ...
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Yellen: Cutting off economic relations with China isn't "practical"
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Nearly 1 in 4 Americans plan to decrease 401(k) contributions. Why it could be a bad idea
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Five suspected robbers shot after botched CIT heist in Witbank: Five suspected cash in transit (CIT) robbers were killed in a shootout with police in Witbank on ...
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At least $521k lost to lucky draw scams since start of 2024: Police: The scams took place on social media platforms, including Instagram, Facebook, WhatsApp ...
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Here’s what to know about Trump’s fundraiser Saturday: Former President Trump will hold a fundraiser on Saturday with expectations of raising $33 million as he ...
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