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Treasury to Re-enter Bond Market as Buyer, Citing Liquidity Concerns

Treasury to Re-enter Bond Market as Buyer, Citing Liquidity Concerns

According to a Treasury official on Wednesday, the Treasury repurchase program should increase liquidity in the US government bond market while other measures will provide pricing transparency and insight into the use of leverage.

Jun 06, 2024 11:55 AM EDT


US Ether ETF Launches Hinge on Issuer Readiness, Says SEC Chair

US Ether ETF Launches Hinge on Issuer Readiness, Says SEC Chair

Exchange-traded funds (ETFs) linked to the cryptocurrency ether will likely start trading in tandem with the speed at which issuers react to the U.S. Gary Gensler, the chair, responded to the Securities and Exchange Commission's questions on Wednesday.

Jun 06, 2024 11:54 AM EDT


No Stimulus Checks in 2024, IRS and California Confirm

No Stimulus Checks in 2024, IRS and California Confirm

Between 2020 and 2021, the Internal Revenue Service (IRS) managed-and repeatedly bungled-the distribution of three distinct Economic Impact Payments.

Jun 05, 2024 09:54 PM EDT


Donald Trump Calls on Supreme Court to Step In on Hush Money Allegations

Donald Trump Calls on Supreme Court to Step In on Hush Money Allegations

Numerous admirers adorned the roadways with banners endorsing Trump or denouncing President Biden. In a protest gesture, some people held the American flag upside down, imitating Marjorie Taylor Greene.

Jun 04, 2024 11:11 AM EDT


Summer Cooling Costs Set to Spike Nearly 8%

Summer Cooling Costs Set to Spike Nearly 8%

This summer, high temperatures will not only punish American people physically but also severely impair their finances.

Jun 04, 2024 11:08 AM EDT


Stocks Inch Higher Despite Weak Manufacturing, NYSE Issues

Stocks Inch Higher Despite Weak Manufacturing, NYSE Issues

Monday's turbulent session saw gains in the S&P 500 and the Nasdaq due to weak manufacturing sector data and a brief NYSE malfunction that stopped trading several stocks.

Jun 04, 2024 11:00 AM EDT


US Tax Increase Expected Despite Biden’s $400K Guarantee

US Tax Increase Expected Despite Biden’s $400K Guarantee

A framework for the goals Biden intends to pursue in his second term was provided by the Biden Administration's budget plan for 2025.

Jun 04, 2024 11:03 AM EDT


Criminals Exploit Outdated Cards to Steal Government Benefit

Criminals Exploit Outdated Cards to Steal Government Benefit

An integral component of the expanding identity theft practice that targets the 42 million Americans with lower incomes who depend on EBT cards to access government food and cash assistance.

Jun 03, 2024 01:24 PM EDT


Trade Schools Gain Traction as Smart Investment

Trade Schools Gain Traction as Smart Investment

These days, four-year colleges and universities face fierce competition from growing numbers of institutions offering trade education.

Jun 03, 2024 01:32 PM EDT


TikTok Viral Money Hacks: Why You Should Think Twice Before Taking Financial Advice

TikTok Viral Money Hacks: Why You Should Think Twice Before Taking Financial Advice

TikTok is rife with opportunities to amass riches, from cash stuffing to overt budgeting, and more people are starting to pay attention.

Jun 03, 2024 01:23 PM EDT


Japan Intervenes in Forex Market with Sizeable $62 Billion Move

Japan Intervenes in Forex Market with Sizeable $62 Billion Move

Japan's Ministry of Finance released data on Friday that verified the nation's first currency intervention since 2022 following the yen fell in April to a 34-year low.

Jun 02, 2024 07:02 AM EDT


Expired Subsidy Leaves Millions Facing Internet Affordability Crisis

Expired Subsidy Leaves Millions Facing Internet Affordability Crisis

A lack of funds from Congress is causing the largest broadband affordability program in the country to come to an end.

Jun 01, 2024 10:24 PM EDT


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