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US Treasury News

News on US Treasury continually updated from thousands of sources around the net.

38 min ago | JD Supra

Blurred Lines

Mobile payments are taking off, and by 2017, consumers worldwide are likely to be using the technology to spend $700 billion or more annually, according to Forrester Research.

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Related Topix: Forrester Research, Advertising, Morrison and Foerster, Law, US News

Tue Aug 26, 2014

Matangi Tonga

Supreme Court declines claims over payments to nobles

Sione Taione against the Tongan government, accusing it of unlawfully making payments to three nobles, was rejected by the Supreme Court on Friday 22 August.

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Related Topix: Oceania, Tonga, World News, US News

Reuters

Direct bidders buy low share of U.S. 2-year note supply

Large investment managers and other direct bidders purchased 12.14 percent of a $29 billion two-year Treasuries note issue at an auction held on Tuesday, their lowest share in more than a year, Treasury Department data showed.

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Related Topix: US News

Slashdot

Early Bitcoin User Interviewed By Federal Officers

MrBingoBoingo writes Recently a Bitcoin user reports being interviewed over their past use of a now defuct exchange service by agents from the FBI and Treasury Department.

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Related Topix: Economics News, Bitcoin, US News

Mon Aug 25, 2014

American Reporter

Andy Oram ReportsREPLACING Journalism: New Foundations for Expertise, Diversity, and Debate

There's been a lot of talk of late that there are glimmers of hope in the American economy.

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Related Topix: US News, Home, Mortgage, Personal Finance, Economics News, Bankruptcy

WNDU-TV South Bend

Sen. Donnelly asks Pres. Obama to address 'abuse' of current tax code

U.S. Senator Joe Donnelly sent a letter to President Obama on Monday expressing concern with the increasing trend of American companies shifting their legal address from the United States to low-tax countries in order to avoid corporate tax liability here at home.

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Related Topix: US Senate, US Politics, Senator Joe Donnelly, US News

Christian Science Monitor

Will the Treasury Department put a stop to US corporate inversions?

Treasury Secretary Jack Lew speaks at the 5th Annual Making Home Affordable Summit in June.

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Related Topix: US News, US Politics, US Senate, Ron Wyden, Democrat, Orrin Hatch, Republican, Senator Chuck Schumer

Reuters

Banks to meet with Treasury Department on cyber threats -sources

A group of Wall Street banks plan to meet the U.S. Treasury Department and other government officials next month to talk about how to cooperate to fend off cyber attacks, people familiar with the matter told Reuters.

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Related Topix: Reuters

The Wall Street Journal

Can Treasury Make Inversions Rule Stand Up in Court?

Treasury Department officials are hunkered down, sorting through heaps of tax law to try and remove some of the economic incentives that fuel certain cross-border acquisitions.

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Related Topix: US News

Sat Aug 23, 2014

Seattle Times

Yesterday’s inversion buyers become tomorrow’s M&A targets

With a record number of U.S. tax-inversion deals shrinking the pool of possible targets, the next crop of acquirers may pursue their former American peers that have already reincorporated abroad.

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Related Topix: US News, Investment Banking, Jefferies Group, Investment Services, Financial Services

Fri Aug 22, 2014

WILX-TV Lansing

Return To Local Control

Flint's state-appointed emergency manager says the city is making financial progress but has work to do before returning to local control.

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Related Topix: US News, US Governors, Rick Snyder

Thu Aug 21, 2014

WEDR-FM Hollywood

Jay Z and Beyonce's 2013 Cuba Trip Declared Legal

There's East Coast vs West Coast then there's U.S.A vs. Cuba. Over a year after Jay Z and Beyonce's trip to Cuba sprouted controversy, U.S. government officials have declared the trip not in violation of the U.S.-Cuba embargo.

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Related Topix: Cuba, World News, US News, Entertainment

Washington Examiner

Treasury looks to stop 'corporate deserters' on its own

President Obama doesn't have the authority to simply stop the companies he calls "corporate deserters" from taking up legal residency in low-tax countries.

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Related Topix: US News, Dennis Christopher

American Reporter

Andy Oram ReportsREPLACING Journalism: New Foundations for Expertise, Diversity, and Debate

There's been a lot of talk of late that there are glimmers of hope in the American economy.

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Related Topix: US News, Home, Mortgage, Personal Finance, Economics News, Bankruptcy

Wed Aug 20, 2014

MLive.com

Flint City Council members say state looking to transition back to local control in April 2015

Emergency manager Darnell Earley could leave Flint by April 2015, according to a plan state Department of Treasury officials reviewed in private meetings with City Council members Wednesday, Aug. 20. Three council members who attended the sessions said Treasury Department officials detailed a series of objectives to be completed by the time they ... (more)

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Related Topix: Flint, MI, US News, Rick Snyder, US Governors

Kinston Free Press

This date in Free Press history: August 20

Sixty days is allowed in which the buildings, all frame structures, and debris are to be removed preparatory to commencing construction of the new postoffice there.

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Related Topix: US News, Kinston, NC, Lenoir County, NC

Tue Aug 19, 2014

Examiner.com

Two trillion in federal benefits paid in 2013 - America is dead broke

A dip in the national deficit or even a balanced budget will never be possible until federal spending is brought under control.

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Related Topix: US News, Personal Finance, Social Security

Don't Mess With Taxes

Is it time for territorial taxation of businesses and individuals?

The ability of Uncle Sam to tax money earned all over the world has come under scrutiny thanks to the recent rash, Walgreens notwithstanding , of corporate tax inversions.

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Related Topix: US News, Tax, US Politics, Dave Camp, Republican, US House of Representatives

Politico

Inversions don't always pay off for investors - Treasury prepping...

INVERSIONS DON'T ALWAYS PAY OFF FOR INVESTORS. Inversions might be the hottest trend in tax world this summer, but a new Reuters analysis has found that moving HQs overseas doesn't always mean better performances in the market.

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Related Topix: Reuters, US News, Beer, Drink, Alaska Government, Alaska, Tax

ABC2 Maryland

Banks still wary of marijuana businesses

Banks are having a bad reaction to new federal guidelines meant to help them work with marijuana businesses in states where the drug is legal.

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Related Topix: Drugs, Marijuana

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