US Treasury official says the firms are not being bailed out and Silicon Valley Bank equity and bondholders would be wiped out, but depositors are being protected.
The herders and their cattle were in Rukubi, a village on the border between Nasarawa and Benue states when a bomb exploded in their midst, according to authorities.
Treasury Secretary Janet Yellen tells Congress that US failure to meet its debt obligations will cause "irreparable harm" to the country's economy, as Republicans demand spending cuts.
The US Treasury has announced the sanctions "for abuse and violence against Iranian women and the violation of the rights of peaceful Iranian protestors."
Russia abandons its main bastion in northeastern Ukraine, in a sudden collapse of one of the conflict's principal front lines after Ukrainian forces make a rapid advance on 199th day of fighting.
The US Treasury department’s recent decision to lift sanctions in areas, where the Assad regime has no real control, will largely benefit the YPG/PKK terrorist group, according to experts.
US Treasury issued two general licenses, one of which allows the US government, NGOs and certain international organizations, including the UN, to engage in transactions with the Taliban in a bid to provide aid to the war-torn country.
Most Asia-Pacific share indexes followed Wall Street higher, with Hong Kong's Hang Seng leading gains in the region, while benchmark US Treasury yields continued their decline.
Nisanci, who worked for four years as chief-of-staff at US Securities and Exchange Commission in Obama administration, will be chief-of-staff for incoming Treasury Secretary Janet Yellen, Bloomberg reports.
"Treasury still does not know all of the actions taken by hackers, or precisely what information was stolen," US Senator Ron Wyden's office says.
US President Donald Trump’s Europe travel ban announced sent all three major US stock indexes into a tailspin, slamming the book on the longest-running US bull market on record.
Tariffs come amid an ongoing trade war between the US and China and could risk destabilising the global economy further.
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