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  • 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.

  • 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.

  • Foreign holdings of US Treasury securities dip Tuesday, 16 Sep 2014 | 4:39 PM ET

    The two biggest purchasers, China and Japan, both cut back. The Treasury Department said Tuesday in its monthly report that foreign holdings dipped 0.3 percent in July to $6.0 trillion, down from a record $6.01 trillion in June. Japan, the No. 2 buyer, trimmed its holdings by 0.04 percent to $1.22 trillion.

  • Rates mixed at weekly US Treasury bill auction Monday, 15 Sep 2014 | 4:39 PM ET

    WASHINGTON— Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills dropping to the lowest level in nearly a year while rates on six-month bills were unchanged. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, down from 0.020 percent last week.

  • 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.

  • US budget deficit narrows to $129 billion Thursday, 11 Sep 2014 | 2:45 PM ET
    Copies of the Obama Administration's proposed fiscal 2015 federal budget are set out by the Senate Budget Committee on Capitol Hill in Washington.

    The fiscal year-to-date deficit at the end of August stood at the lowest level since the same period in fiscal year 2008.

  • US budget deficit dips to $128.7 billion in August Thursday, 11 Sep 2014 | 2:01 PM ET

    The August deficit was $128.7 billion, down 13 percent from the $147.9 billion deficit recorded in August 2013, the Treasury Department said Thursday in its monthly budget report.

  • U.S. budget deficit at $129 billion in August Thursday, 11 Sep 2014 | 2:00 PM ET

    WASHINGTON, Sept 11- The U.S. budget deficit was $129 billion in August, down 13 percent from the same period last year, according to data released by the Treasury Department on Thursday.

  • Ahead of the Bell: US budget deficit Thursday, 11 Sep 2014 | 6:25 AM ET

    WASHINGTON— The Treasury Department releases the budget deficit for August. LOWER DEFICIT: The Congressional Budget Office expects the deficit for August to total $129 billion, down 12.8 percent from August 2013. The deficit hit $1.4 trillion in 2009 and remained above $1 trillion for each of the next three years, finally falling to $680.2 billion last year.