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  • Treasury targets those tied to Pakistan extremists Tuesday, 30 Sep 2014 | 10:38 AM ET

    WASHINGTON— The Treasury Department is taking action against individuals and networks linked to two terrorist groups based in Pakistan. Treasury's action on Tuesday targets the leader of Harakat-ul-Mujahedeen, which operates throughout India, Pakistan and Afghanistan and maintains terrorist training camps in eastern Afghanistan.

  • Rates mixed at weekly US Treasury bill auction Monday, 29 Sep 2014 | 4:39 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, up from 0.010 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.040 percent, the same as last week. For a $10,000 bill, the three-month price was $9,999.62, while a six-month bill sold for $9,997.98.

  • US sanctions foreign fighter facilitators Wednesday, 24 Sep 2014 | 3:04 PM ET

    WASHINGTON— The U.S. Treasury Department on Wednesday imposed sanctions on eight people it says have helped finance or facilitate the movement of foreign fighters joining the Islamic State and the Nusra Front, two Syrian extremist groups that have been the subject of recent American military strikes.

  • Report: Treasury OKs big pay raises for GM, Ally Wednesday, 24 Sep 2014 | 12:40 PM ET

    WASHINGTON— The U.S. Treasury Department continued to approve "excessive" pay raises for top executives at General Motors and its former consumer finance arm, both of which received taxpayer-funded bailouts during the financial crisis, a new government report says.

  • Q+A-Tax Inversions 101: A pocket guide Wednesday, 24 Sep 2014 | 11:04 AM ET

    NEW YORK, Sept 23- The Treasury department this week announced a new set of regulations to crack down on the wave of "corporate inversions," in which American companies lower their tax bill by, simply put, relocating their legal corporate addresses overseas.

  • Ahead of the Bell: Inversion rules sting stocks Tuesday, 23 Sep 2014 | 9:12 AM ET

    Shares of several companies stumbled Tuesday before markets opened and a day after the Treasury Department announced new regulations that aim to make it tougher to pull off overseas mergers and acquisitions that trim U.S. corporate tax bills. The new regulations are broader than Citi analysts Liav Abraham and Matthew J. Dodds expected.

  • Treasury moves to combat tax inversions     Tuesday, 23 Sep 2014 | 6:08 AM ET

    The Treasury Department is seeking to reduce the benefits of companies buying foreign firms to switch tax domicile to a country with lower rates, reports CNBC's Eamon Javers.

  • Limits on overseas mergers prompt renewed debate Tuesday, 23 Sep 2014 | 2:03 AM ET

    Following through on a populist appeal from President Barack Obama for a new era of "corporate patriotism," the Treasury Department stepped in Monday with new regulations designed to limit the ability of U.S. firms to seek refuge in lower tax countries.

  • OBAMA SAYS TREASURY SECRETARY LEW BRIEFED HIM ON MONDAY ON FIRST STEPS TREASURY DEPARTMENT WILL TAKE TO DISCOURAGE CORPORATE TAX INVERSIONS.

  • Rates on US Treasury bills drop at weekly auction Monday, 22 Sep 2014 | 5:18 PM ET

    WASHINGTON— Interest rates on short-term Treasury bills fell in Monday's auction, with rates on three-month bills dropping to their lowest point since late 2011.. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.010 percent, down from 0.015 percent last week.

  • Exxon winds down Russian Arctic well on sanctions Friday, 19 Sep 2014 | 1:37 PM ET
    The Exxon Mobil corporate pavilion at the 21st World Petroleum Congress in Moscow, June 16, 2014.

    Exxon Mobil said the U.S. government has allowed it to wind down activity on a Russian Arctic drilling well that has been a target of U.S. sanctions.

  • WASHINGTON, Sept 19- Oil major Exxon Mobil said on Friday the U.S. Treasury Department had granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week over its intervention in Ukraine.

  • WASHINGTON, Sept 19- U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week to punish Moscow for its intervention in Ukraine.

  • WASHINGTON, Sept 19- U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

  • Hedge funds buy $4.5 billion in Puerto Rican bonds Friday, 12 Sep 2014 | 1:54 PM ET
    Old San Juan, Puerto Rico

    Hedge funds and investment firms are advising and lending money to the Puerto Rican government, reports the New York Times.

  • NEW YORK, Sept 12- U.S. stocks were lower in afternoon trading on Friday, with energy shares extending recent losses after the Treasury department announced new sanctions against Russia. Exxon Mobil Corp was down 1.1 percent and ConocoPhillips was down 1.2 percent.

  • US STOCKS-Wall St slips at midday; energy a drag Friday, 12 Sep 2014 | 12:37 PM ET

    NEW YORK, Sept 12- U.S. stocks were lower at midday on Friday, with energy shares extending recent losses after the Treasury department announced new sanctions against Russia. Exxon Mobil Corp and ConocoPhillips each lost 1 percent.

  • NEW YORK, Sept 12- U.S. stocks were lower on Friday, with energy again leading the market down after the Treasury department announced new sanctions against Russia. Exxon Mobil Corp fell 0.9 percent to $96.12 on Friday while ConocoPhillips was down 0.9 percent to $78.67.

  • White House: We deserve credit for booming markets Friday, 12 Sep 2014 | 9:19 AM ET
    Jason Furman, Chairman of the White House Council of Economic Advisors.

    "A whole bunch of things have gone into that increase—a lot of it being a sign of the strengthening economy," economist Jason Furman says.

  • Treasury monitoring swaps loopholes at US banks - WSJ Friday, 12 Sep 2014 | 12:55 AM ET

    Sept 12- The U.S. Treasury Department is monitoring banks that are shifting some of their trading operations overseas to avoid tough swaps rules in the country, the Wall Street Journal reported, citing a source from the department.