EV Tax Credits in Peril
Senator Joe Manchin, Chair of the Senate Energy and Natural Resources Committee, is calling on Congress to reconsider recent guidance from the Treasury Department on electric vehicle (EV) tax credits....
Chevron in Venezuela
The US Treasury Department on Friday announced that it had extended the general licences of US oil and gas company Chevron and four other corporations to do business with Venezuelan state oil compan...
Tax returns
The IRS announced on Monday that it will begin accepting personal income tax returns for 2021 on Jan. 24.T he administration has already warned that this will be a "frustrating" period for taxpayers str...
What a US debt default would mean for the market
Congress is approaching the mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are in a sta...
The Trump administration imposed sweeping economic sanctions against Iran’s oil sector on Monday as tensions between Washington and Tehran continue to escalate in the days leading up to the American presidential election.
The Treasury Departme...
President Trump said he resisted punishing China for its mass internment of ethnic Uighurs last year for fear of jeopardizing trade talks with Beijing, a blunt admission of his transactional approach to human rights and willingness to subordinate oth...
In April, when the federal government offered $349 billion in loans to small businesses reeling from government shutdown orders in the pandemic, the funding ran out in just 13 days, prompting Congress to swiftly approve a second round of $310 bi...
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