The Latest Breaking News from the Treasury Department

The administration plans to deploy federal money in former coal towns and communities losing fossil fuel jobs.

WASHINGTON — It will soon become harder to get a full $7,500 tax credit for a new electric vehicle under proposed rules released Friday by the U.S. Treasury Department — and interested buyers should move fast.

WASHINGTON — The Treasury Department laid out specifics on how automakers can certify whether their electric cars qualify for new subsidies of up to $7,500 enacted in last year’s climate spending package.

Tax credits for electric car purchases are getting even more complicated. It will likely mean fewer vehicles will qualify — but we don't know which.

The Treasury Department laid out specifics on how automakers can certify whether their electric cars qualify for new subsidies.

If you are reading this, you probably hope that we will start taking better care of our historic architecture here in Thailand. But you might not immediately think of our modern buildings constructed during the 1950s, 1960s and 1970s.

As the global banking crisis stretches into its third week, President Joe Biden has turned to a familiar playbook — lay low and point the finger at Congress.

The sudden collapse of two U.S. banks last week left many people wondering about the safety of their own deposits, the health of the banking system and consequences down the road.

TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf. China’s Foreign Ministry on Wednesday accused the United States itself of spreading disinformation about TikTok's potential…

It follows similar moves made in the USA and EU

China accused the United States on Thursday of spreading disinformation and suppressing TikTok following reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app. The US has yet to present evidence that TikTok threatens its national security and was using…