A Chinese student at Purdue University was harassed by pro-CCP students. But the university is fighting back against Chinese Communist Party influence. This is raising an alert to campuses across the country to look at their own potential problems of infiltration from Beijing. The United States added 34 Chinese firms to a blacklist over human…
China’s Global Ambitions and Its African Port; Chinese Student Targeted at Purdue by CCP
December 20, 2021
admin
AfricablacklistCCPChinachina navychina portsdavid zhangGlobal ExpansionmilitaryNBCNews VideosPurdue UniversitySpecial TopicsTalking Points with David ZhangtreasuryUS Navy
0 Comment
Congress Clears Bill to Raise Debt Ceiling by $2.5 Trillion, in Time for Treasury Dept. Deadline
The House voted early Wednesday to raise the debt ceiling by $2.5 trillion until 2023, just in time for the deadline set by the Treasury Department, potentially avoiding an economic crisis. Lawmakers passed the bill, which increases the limit to close to $31 trillion, in a 221-209 vote with just one Republican, Rep. Adam Kinzinger (R-Ill.), voting yes. The…
US Treasury Issues Guidance for $10 Billion Small Business Credit Program
November 10, 2021
admin
BusinessBusiness & EconomyBusinesses in COVID-19Companiescrediteconomic policiesEconomieseconomyguidanceSmalltreasuryUSUS News
0 Comment
WASHINGTON—The U.S. Treasury Department on Wednesday released new implementation guidance for the $10 billion State Small Business Credit Initiative Program, designed to allow firms in disadvantaged communities access capital. The program, approved under coronavirus relief legislation passed in March, aims to catalyze $10 of private investment for every $1 of federal funding. Treasury said in…
IRS Plan to Collect $400 Billion in Unpaid Taxes Relies on ‘More Cops on the Beat’: Treasury
The federal government is aiming to obtain $400 billion in new revenue over the next decade as part of the White House-backed $1.75 trillion social spending plan, according to a top Treasury official. Increased Internal Revenue Service enforcement to collect unpaid taxes makes up the largest source of revenue in the legislation to be considered by…
Nasdaq Ends Sharply Lower; Rising Treasury Yields Sink Big Tech
October 5, 2021
admin
Big TechBusiness & EconomyCompaniescongressEconomieseconomyExecutive BranchLocal NewsMarketsMedia & Big TechNASDAQNew YorkNY NewsPoliticsRegional-Local NewstreasuryUSUS Newsyields
0 Comment
Wall Street ended sharply lower on Monday (Oct. 4) as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default also fed caution. Apple, Microsoft, Amazon, and Alphabet, the U.S. stock market’s four most valuable companies, each dropped more than 2…
Wall Street Stumbles on Rising Treasury Yields, Inflation Worries
September 29, 2021
admin
Business & EconomyCompaniesEconomieseconomyinflationInvestmentLocal NewsMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsStumblestreasuryUSUS NewsWall Streetyields
0 Comment
Wall Street stocks ended sharply lower on Tuesday (Sept. 28) in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over persistent inflation, and contentious debt ceiling negotiations in Washington. All three major U.S. stock indexes slid nearly 2 percent or more, with interest rate sensitive tech and tech-adjacent stocks weighing heaviest as…
S&P Ends Modestly Lower as Rising Treasury Yields Offset Robust Retail Data
September 17, 2021
admin
Business & EconomyCompaniesdataeconomyLocal NewsMarket WatchMarketsNew YorkNY NewsRegional-Local NewsRetailRisingS&PtreasuryUSUS News
0 Comment
NEW YORK— The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery. The three major indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured market-leading tech stocks, and the rising dollar weighed on…
US Treasury Suspends Changes to Fannie Mae, Freddie Mac Share Agreements
WASHINGTON—The U.S. Treasury Department said on Tuesday it had suspended changes to the government’s stake in housing giants Fannie Mae and Freddie Mac imposed in the final days of the Trump administration. Those changes are aimed at lifting curbs on the agencies’ ability to back certain types of mortgages, including on second homes, multifamily homes…
US Has No Plans to Release Billions in Afghan Assets, Treasury Says
WASHINGTON—The Biden administration has no plans to release billions in Afghan gold, investments, and foreign currency reserves parked in the United States that it froze after the Taliban’s takeover, despite pressure from humanitarian groups and others who say the cost may be the collapse of Afghanistan’s economy. Much of the Afghan central bank’s $10 billion…
IRS Sends out $15 Billion in Child Tax Credit Payments to Families
The Internal Revenue Service (IRS) and Department of Treasury on Friday confirmed that some $15 billion in child tax credit payments were sent to families, according to the White House. The agency said that nearly 61 million children would be impacted by the move. Some recipients may face delays, although many are receiving the funds…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`