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US increases sanctions on Iranian oil trade after Donald Trump's call

This is the second round of sanctions imposed on Iranian oil sales since President Donald Trump issued the National Security Presidential Memorandum 2.

FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005.(REUTERS)
Updated on Feb 24, 2025 10:31 PM IST
AP |

Elon Musk's DOGE given full access to US govt payments system: Report

The full access allows Musk and his efficiency team to lead a powerful tool to monitor and possibly limit the government spending

SpaceX CEO Elon Musk, close ally of Trump, was picked to co-chair the newly-created Department of Government Efficiency. (Reuters/File)
Updated on Feb 02, 2025 07:11 AM IST

Janet Yellen's computer targeted by Chinese hackers, sensitive data accessed

According to sources familiar with the breach cited in a Bloomberg report, hackers accessed fewer than 50 unclassified files on Yellen’s device.

FILE PHOTO: Federal Reserve Chair Janet Yellen addresses a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016. REUTERS/Gary Cameron/File Photo(REUTERS)
Updated on Jan 17, 2025 11:22 AM IST

Chinese hackers breach US Treasury, stole documents in ‘major incident’

Chinese state-sponsored hackers breached the U.S. Treasury's security, accessing unclassified documents via third-party provider BeyondTrust.

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo(REUTERS)
Published on Dec 31, 2024 08:19 AM IST
Reuters | | Posted by Tuhin Das Mahapatra

US Treasury set to unleash a tsunami of bonds, Wall Street warns

As the US Treasury prepares to issue a wave of new bonds following the debt ceiling deal, Wall Street voices concerns about market preparedness.

The White House is lit in orange in honor of Gun Violence Awareness Day Friday, June 2, 2023, in Washington. (AP Photo/Andrew Harnik)(AP)
Published on Jun 04, 2023 05:28 AM IST
Bloomberg | | Posted by Tuhin Das Mahapatra
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