Midterm elections are accompanied with a $2 trillion deficit

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The federal budget deficit increased to almost $2 trillion for the previous fiscal year, which concluded on September 30, as reported by the Treasury Department on Friday. It represented the most substantial annual deficit since 2021, a period marked by Read More …

Bank of America Faces $1.2 Billion Fine Over Compliance Failures

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The US Treasury Department on Tuesday announced it was imposing a fine exceeding $1.2 billion on Bank of America, citing violations of anti-money laundering and sanctions laws by the bank. The bank, recognised as the second-largest in the US, did Read More …