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U.S. Treasury Refunds $100 Billion in Tariff Revenue Amid Legal Challenges

U.S. Treasury Refunds $100 Billion in Tariff Revenue Amid Legal Challenges

U.S. Treasury Refunds $100 Billion in Tariff Revenue Amid Legal Challenges
Reuters Reuters
US Treasury Secretary Bessent: Will do whatever it takes to support Japan

US Treasury Secretary Bessent: Will do whatever it takes to support Japan

Aug 4 (Reuters) - The Trump administration will do "whatever it takes" to support Japan's effort to stabilize its currency, Treasury Secretary Scott Bessent said on Tuesday.
Reuters Reuters
Yen holds most gains as intervention keeps speculators on edge

Yen holds most gains as intervention keeps speculators on edge

By Chibuike Oguh NEW YORK, Aug 4 (Reuters) - The yen slipped on Tuesday but held on to most of its gains from last week's rare coordinated intervention by Tokyo and Washington.
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U.S. Treasury Refunds $100 Billion in Tariff Revenue, Consumers Left Uncompensated

U.S. Treasury Refunds $100 Billion in Tariff Revenue, Consumers Left Uncompensated

U.S. Treasury Refunds $100 Billion in Tariff Revenue, Consumers Left Uncompensated
Reuters Reuters
OpenAI pays $3.2 million in US probe over hiring foreign workers

OpenAI pays $3.2 million in US probe over hiring foreign workers

By Daniel Wiessner Aug 4 (Reuters) - OpenAI and a subsidiary will pay $3.2 million to settle U.S. government claims that they favored foreign workers with temporary employment visas and discriminated against U.S. job applicants in recruiting and hiring, the U.S. Justice Department said on Tuesday.
TheStreet TheStreet
Scott Bessent sends strong message on oil price and Iran

Scott Bessent sends strong message on oil price and Iran

For months, oil traders have been pricing in the possibility that the Strait of Hormuz stays closed. Every week that passed without a deal added more of a risk premium to crude. By early August, that premium had become a significant part of the price. Scott Bessent, the U.S. Secretary of the ...
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Robinhood's Role in Trump Administration Raises Ethical Concerns

Robinhood's Role in Trump Administration Raises Ethical Concerns

Robinhood, the financial services company, is playing a significant role in the Trump administration's initiatives, including the Trump Accounts program and the US Tech Force initiative. U.S. Office of Personnel Management Director Scott Kupor, a known supporter of Robinhood, has been found to have substantial personal financial interests in the company. Recent federal ethics records reveal that Kupor sold a significant amount of Robinhood stock, raising questions about potential conflicts of interest. Despite an ethics agreement to avoid conflicts, Kupor's financial activities have drawn scrutiny, highlighting the challenges of maintaining ethical standards in government.
Reuters Reuters
Analysis-How a US-Japan pact to hit yen speculators came together

Analysis-How a US-Japan pact to hit yen speculators came together

By Leika Kihara, Makiko Yamazaki and Tamiyuki Kihara TOKYO, Aug 3 (Reuters) - A joint U.S.-Japanese effort to fight off speculative bets against a battered yen last week followed months of preparation by the two nations and a rare and public alignment of interests in Washington and Tokyo over
Reuters Reuters
How a US-Japan pact to hit yen speculators came together

How a US-Japan pact to hit yen speculators came together

By Leika Kihara, Makiko Yamazaki and Tamiyuki Kihara TOKYO, Aug 3 (Reuters) - A joint U.S.-Japanese effort to fight off speculative bets against a battered yen last week followed months of preparation by the two nations and a rare and public alignment of interests in Washington and Tokyo over
Reuters Reuters
Yen holds gains after Japan, US confirm joint intervention, signal more action

Yen holds gains after Japan, US confirm joint intervention, signal more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - The Japanese yen held gains above recent 40-year lows on Monday after Japan and the United States launched a rare joint yen-buying intervention and vowed to take further action if needed to shore up the currency.
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Japan and US Confirm Joint Intervention to Support Yen Amid Economic Challenges

Japan and US Confirm Joint Intervention to Support Yen Amid Economic Challenges

Japan and US Confirm Joint Intervention to Support Yen Amid Economic Challenges
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Andrea Gacki to Join Citigroup as Global Head of Sanctions, Impacting Financial Crime Oversight

Andrea Gacki to Join Citigroup as Global Head of Sanctions, Impacting Financial Crime Oversight

Andrea Gacki to Join Citigroup as Global Head of Sanctions, Impacting Financial Crime Oversight