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Stories published on Jul 2
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  • Stories published on Jul 2

Tuesday, Jul 2

23

US Treasury Department Issues Notice of Proposed Rulemaking on Implementation of Outbound Investment: 5 Key Takeaways

www.jdsupra.com

The proposed regulations would implement President Biden’s Executive Order that restricts certain outbound investments from the US. On June 21, 2024, the US Department of the Treasury (Treasury) issued a Notice of Proposed Rulemaking (NPRM…

22

Treasury yields end lower for first time in three sessions as Fed chair cites improving pace of inflation

www.marketwatch.com

Yields on U.S. government debt finished lower on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. might be back on a disinflationary path, but that officials need greater confidence before they can lower interest rates.

21

Treasury Issues Proposed Regulations Prohibiting Certain US Investment in Chinese Technology Companies

www.jdsupra.com

The Notice of Proposed Rulemaking (NPRM or the Proposed Rule), issued by Treasury on June 21, 2024, would implement President Biden’s August 9, 2023, Executive Order on outbound investment, which addresses concerns related to China’s…

20

U.S. Treasury Department seeks comment on AI opportunities and risks in the financial sector

www.jdsupra.com

The U.S. Department of the Treasury (Treasury) recently released a request for information (RFI) seeking comment on financial institutions’ use of artificial intelligence (AI) and the potential benefits and challenges AI may pose to the…

16

10-year Treasury yield falls as Powell says U.S. getting back on 'disinflationary path'

www.cnbc.com

U.S. Treasury yields were lower on Tuesday as investors looked ahead to labor market data and monitored comments from Federal Reserve Chair Jerome Powell.

12

Polkadot’s $245M treasury not limited to 2-year runway, despite community concerns

cointelegraph.com

The blockchain platform’s revenue declined during the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered.

09

Stocks end session mixed as Treasury yields jump

NEW YORK -- U.S. stocks drifted to a mixed finish Monday, and yields jumped in the bond market as elections continue to drive swings in financial markets worldwide.

08

Dollar Rallies as Treasury Yields Surge With Trump’s Election Prospects

www.actionforex.com

Dollar surged across the board overnight and stayed firm in Asian session, fueled by the strong rally in benchmark US Treasury yields. This rally is partly attributed to rising expectations of a Donald Trump victory in the upcoming…

03

Bets on GOP Sweep Drive Treasury Yields Higher

politicalwire.com

“Treasury yields rose sharply Monday, with investors and analysts pinning the move largely on the fiscal implications of a potential Republican sweep in November,” the Wall Street Journal reports.

Monday, Jul 1

23

22

Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand

news.bitcoin.com

Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP,…

19

Treasury Proposes Rule to Limit Outbound Investments in AI and Other Technologies — AI: The Washington Report

www.jdsupra.com

Last week, the Secretary of the Treasury released a final proposed rule to implement the Biden administration’s August 2023 Executive Order on outbound investments. The proposed rule seeks to “prevent countries of concern from exploiting U…

Revealed: Treasury minister admitted tax burden on young people is a 'scandal' and told activists Tory party needed to 'wake up' - just weeks before joining Government frontbench

www.dailymail.co.uk

EXCLUSIVE: Bim Afolami told activists that his Tory colleagues needed to 'wake up' to the party's record on economic growth and the tax burden on young people.

16

Bets on Republican Sweep Drive Treasury Yields Higher

www.wsj.com

Treasury yields rose sharply, with investors and analysts pinning the move largely on the fiscal implications of a potential Republican sweep in November.

14

The Morning After: The US Treasury finalizes tax rules for crypto

www.engadget.com

Welcome to the first day of July. Summer is here in earnest, but let me keep you, briefly, indoors with tales of finalized rules for crypto in the US, and how Lego is making bricks from stardust.

09

Kerala Assembly: Additional measures planned to enhance security in treasury transactions, says Finance Minister

www.thehindu.com

K.N. Balagopal says inspections will be carried out in treasuries, sub-treasuries across Kerala as part of plugging loopholes in treasury system and improving safety features

Sunday, Jun 30

22

Treasury and IRS Announce Digital Asset Tax Reporting Regulations

news.bitcoin.com

The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act.…

16