FATIMA HUSSEIN

FILE - Treasury Secretary Janet Yellen speaks during a news conference in Philadelphia, July 30, 2024. (AP Photo/Matt Rourke, File)
Yellen says isolationism ‘made America and the world worse off’ in speech to global finance leaders
Treasury Secretary Janet Yellen says the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before the U.S. election.
 
President Joe Biden and first lady Jill Biden toast at a dinner Sunday, Oct. 20, 2024, in the East Room of the White House, celebrating the new enhanced and expanded White House Public tour being unveiled by first lady Jill Biden on Oct. 21, 2024. (AP Photo/Manuel Balce Ceneta)
President Biden and first lady toast a reimagined White House tour that she’s unveiling on Monday
President Joe Biden and first lady Jill Biden on Sunday toasted the unveiling of a long-awaited reimagined public White House tour. The couple held a dinner in celebration of the first lady’s update of the White House public tour.
 
FILE - The World Bank building is pictured in Washington, April 5, 2021. (AP Photo/Andrew Harnik, File)
US presidential election looms over IMF and World Bank annual meetings
Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S. presidential election and shape the policies of the world’s biggest economy?
 
Republican presidential nominee former President Donald Trump speaks during a campaign rally at Grand Sierra Resort and Casino, Friday, Oct. 11, 2024, in Reno, Nev. (AP Photo/Julia Demaree Nikhinson)
Data shows migrants aren’t taking jobs from Black or Hispanic people, despite what Trump says
Republican presidential nominee Donald Trump promises the biggest deportation event the U.S. has ever seen if he is elected.
 
White House national security adviser Jake Sullivan speaks Tuesday, Oct. 1, 2024, during a press briefing at the White House in Washington. (AP Photo/Mark Schiefelbein)
U.S. expands sanctions on Iran in response to its ballistic attack on Israel
The U.S. on Friday announced new sanctions on Iran’s energy sector in response to its October 1 attack on Israel, firing roughly 180 missiles into the country.
 
FILE - The World Bank building is pictured in Washington, April 5, 2021. (AP Photo/Andrew Harnik, File)
Treasury official says withdrawing the US from the IMF and World Bank would be a ‘step backward’
U.S. Treasury official Jay Shambaugh says withdrawing the U.S. from the IMF and World Bank would be “a step backward.”
 
FILE - A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. (AP Photo/Jenny Kane, File)
Social Security recipients will get a 2.5% cost-of-living boost in 2025, smaller than in recent past
Millions of retirees who receive Social Security benefits will see a 2.5% cost-of-living increase to their monthly checks beginning in January. That word comes Thursday from the Social Security Administration.
 
FILE - A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. (AP Photo/Jenny Kane, File)
Social Security’s scheduled cost of living increase ‘won’t make a dent’ for some retirees
Social Security recipients are expected to receive a smaller cost-of-living increase in January than in recent years as inflation moderates. The Social Security Administration will announce the increase Thursday.
 
FILE - The Internal Revenue Service 1040 tax form for 2022 is seen on April 17, 2023. (AP Photo/Jon Elswick, File)
Taxpayers in 24 states will be able to file their returns directly with the IRS in 2025
The IRS is expanding its program that allows people to file their taxes directly with the agency for free.
 
FILE- This photo shows the U.S. Treasury Department building at dusk in Washington, June 6, 2019. (AP Photo/Patrick Semansky, File)
US sanctions extremist West Bank settler group for violence against Palestinians
The U.S. on Tuesday imposed sanctions on Hilltop Youth — a group of extremist settlers in the Israeli-occupied West Bank who attack Palestinians and their property, as well as two Israeli men connected to violence against Palestinians.
 
FILE- This photo shows the U.S. Treasury Department building at dusk in Washington, June 6, 2019. (AP Photo/Patrick Semansky, File)
Cryptocurrency exchange network accused of helping Russia hit with sanctions
A network of people and virtual currency exchanges associated with harboring Russian cybercrime have been hit with sanctions in a government-wide crackdown on cybercrime.
 
Russian President Vladimir Putin leads the Security Council meeting on nuclear deterrence at the Kremlin in Moscow, Russia, Wednesday, Sept. 25, 2024. (Alexander Kazakov, Sputnik, Kremlin Pool Photo via AP)
Russia’s adaptability to US sanctions stymied their effectiveness, economists say
Two researchers write in a new paper that Russia was able to brace for the financial penalties imposed after its invasion of Ukraine because of the lessons learned from sanctions imposed in 2014 after it invaded Crimea.
 
Two years after Mahsa Amini death, Western allies sanction a dozen Iranian officials
The U.S., Canada and Australia have hit a group of Iranian officials with sanctions for their participation in quelling protests and detaining people following the death of Mahsa Amini.
 
Republican presidential nominee former President Donald Trump waves as he boards a plane at Harry Reid International Airport after a campaign trip, Saturday, Sept.14, 2024, in Las Vegas. (AP Photo/Alex Brandon)
Donald Trump doesn’t share details about his family’s cryptocurrency venture during X launch event
Republican presidential nominee Donald Trump has launched his family’s cryptocurrency venture, World Liberty Financial, with an interview on the X social media platform.
 
FILE - Treasury Secretary Janet Yellen speaks during a news conference in Philadelphia, July 30, 2024. (AP Photo/Matt Rourke, File)
Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers
The IRS has collected $1.3 billion from high-wealth tax dodgers since last fall, the agency says, crediting spending that has ramped up collection enforcement through President Joe Biden’s signature climate, health care and tax package signed into law in 2022.
 
President Joe Biden, left, meets with workers from Dairyland Power Cooperative and Vernon Electric Cooperative during a visit to Vernon Electric in Westby, Wis., Thursday, Sept. 5, 2024. Biden is in Wisconsin to promote his Investing in America agenda. (AP Photo/Susan Walsh)
Biden says rural electrification and internet improvements underscore ‘American comeback’
President Joe Biden has traveled to rural southwest Wisconsin to champion new investments in electrification and expanded high-speed internet. He proclaimed Thursday that “all these investments mean family farms can stay in the family.”
 
FILE - Treasury Secretary Janet Yellen speaks during a news conference in Philadelphia, July 30, 2024. (AP Photo/Matt Rourke, File)
Yellen says ending Biden tax incentives would be ‘historic mistake’ for states like North Carolina
Treasury Secretary Janet Yellen is warns voters in the battleground state of North Carolina that they could lose jobs if Republicans weaken a signature Biden administration law that encourages investments in manufacturing and clean energy.
 
FILE - Republican presidential nominee former President Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tenn. (AP Photo/Mark Humphrey, File)
Trump’s new crypto business could create more conflicts if he’s elected president
Donald Trump is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise would likely pay off for him personally.
 
FILE- This June 6, 2019, file photo shows the U.S. Treasury Department building at dusk in Washington. (AP Photo/Patrick Semansky, File)
New US rules try to make it harder for criminals to launder money by paying cash for homes
The Treasury Department has issued new regulations aimed at making it harder for criminals to launder money by paying cash for residential real estate.
 
FILE- This June 6, 2019, file photo shows the U.S. Treasury Department building at dusk in Washington. (AP Photo/Patrick Semansky, File)
US sanctions hundreds of firms accused of supplying Russia’s war machine
The U.S. has imposed sweeping sanctions against hundreds of firms across Russia, Europe, the Middle East and Asia, accusing them of providing products and services that enable Russia’s war effort and aiding its ability to evade sanctions.
 
People run from tear gas fired by police to disperse protesters demanding police and the Prime Minister take immediate action against gangs in Port-au-Prince, Haiti, Monday, Aug. 19, 2024. (AP Photo/Odelyn Joseph)
Haitian ex-President Martelly hit with U.S. sanctions, accused of facilitating drug trade
The U.S. has imposed sanctions on the former president of Haiti, Michel Joseph Martelly, following accusations that he abused his influence to facilitate drug trafficking into the U.S. and sponsored gangs that have contributed to instability in the Caribbean country.
 
President Joe Biden speaks at the White House Creator Economy Conference in the Indian Treaty Room at the Eisenhower Executive Office Building on the White House complex, Wednesday, Aug. 14, 2024, in Washington. (AP Photo/Mark Schiefelbein)
Social media influencers descend on the White House, where Biden calls them the new ‘source of news’
Social media influencers have gotten the royal treatment as President Joe Biden gave a nod to their ability to hold sway with millions of loyal followers.
 
FILE - The Federal Communications Commission building is pictured, June 19, 2015, in Washington. (AP Photo/Andrew Harnik, File)
The US government wants to make it easier for you to click the ‘unsubscribe’ button
In the name of consumer protection, a slew of U.S. federal agencies are working to make it easier for Americans to click the unsubscribe button for unwanted memberships and recurring payment services.
 
FILE - The Treasury Building is viewed in Washington, May 4, 2021. The U.S. on Tuesday imposed sanctions on a group of Mexican accountants and firms allegedly linked to a timeshare fraud ring run by the Jalisco New Generation drug cartel. Three accountants were hit with sanctions, along with four Mexican real estate and accounting firms. In addition, Treasury and the FBI issued a notice to banks with a reminder to be vigilant in detecting and reporting timeshare fraud perpetrated by Mexico-based transnational criminal organizations. (AP Photo/Patrick Semansky, File)
U.S hits Mexican accountants and firms with sanctions for timeshare scams that support drug cartel
The U.S. has imposed sanctions on three Mexican accountants and four firms allegedly linked to a timeshare fraud ring run by the Jalisco New Generation drug cartel.
 
A person uses a cell phone on Saturday, July 13, 2024, in Los Angeles. The FBI Internet Crime Complaint Center reports that SIM-swapping complaints have increased more than 400% from 2018 to 2021. New federal regulations aimed at preventing port-out hijacking are under review, but it's not clear how far they will go in stopping the crime. When your own phone access is lost to a criminal, the very steps you once took to protect your accounts — such as two-factor authentication — can be used against you. (AP Photo/Paula Ulichney)
What’s worse than thieves hacking into your bank account? When they steal your phone number, too
What’s worse than thieves hacking into your bank account? When they steal your phone number, too. Associated Press writer Fatima Hussein recently fell victim to a type of fraud known as port-out hijacking, also called SIM-swapping.
 
FILE - A sign for the Internal Revenue Service building in Washington, May 4, 2021. The IRS plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade, the U.S Treasury says.(AP Photo/Patrick Semansky, File)
IRS collects milestone $1 billion in back taxes from high-wealth taxpayers
The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration’s signature climate, health care and tax package signed into law in 2022.
 
FILE - Treasury Secretary Janet Yellen testifies during a Senate Appropriations Subcommittee hearing, June 4, 2024, on Capitol Hill in Washington. New Treasury rulemaking would expand the U.S. Committee on Foreign Investment in the United States’ jurisdiction to review land sales near 56 additional military sites, bringing the overall number to 227. A 2018 law granted the committee authority to review real estate transactions near sensitive sites across the U.S. (AP Photo/Jacquelyn Martin, File)
U.S. to expand control of land sales to foreigners near 56 additional military sites
 
FILE - Tthe exterior of the Internal Revenue Service (IRS) building in Washington, on March 22, 2013. While taxpayer services have vastly improved, the IRS is still too slow to resolve identity theft cases, according to a new report released Wednesday, June 26, by an independent watchdog within the agency.(AP Photo/Susan Walsh, File)
IRS delays in resolving identity theft cases are ‘unconscionable,’ an independent watchdog says
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.”
 
FILE - The Treasury Building is viewed in Washington, May 4, 2021. The U.S. on Tuesday imposed sanctions on a group of Mexican accountants and firms allegedly linked to a timeshare fraud ring run by the Jalisco New Generation drug cartel. Three accountants were hit with sanctions, along with four Mexican real estate and accounting firms. In addition, Treasury and the FBI issued a notice to banks with a reminder to be vigilant in detecting and reporting timeshare fraud perpetrated by Mexico-based transnational criminal organizations. (AP Photo/Patrick Semansky, File)
U.S. sanctions ‘sprawling’ shadow banking network for supporting Iranian military
A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military have been hit with U.S. economic sanctions.
 
FILE - A for sale sign is posted in front of a home in Sacramento, Calif., March 3, 2022. The Biden administration is announcing new federal initiatives to increase access to affordable housing as high interest rates and still-high prices on groceries and other necessities have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet Yellen is traveling to Minneapolis on Monday, June 24, 2024, to promote the new investments. (AP Photo/Rich Pedroncelli, File)
Yellen announces efforts to boost the housing supply as high prices create a crunch
The Biden administration announced new steps to increase access to affordable housing. The Democratic administration announced new federal initiatives as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-coronaviru
 
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