Janet Yellen

In the first half year of Inflation Reduction Act-funded enforcement, the Internal Revenue Service has recovered over $1.3 billion.

The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

The Treasury secretary addressed a group of service employees as the agency fends off cuts pushed by House Republicans.

Commissioner Rettig is promising not to use the nearly $80 billion his agency will be receiving to increase audits of small businesses or taxpayers who earn less than $400,000.

“We need to study just what impact it’s had,” the Treasury secretary said during a House Financial Services Committee hearing Tuesday.

The Treasury chief said last week that revenue measures would be needed to help pay for Biden’s planned longer-term economic reconstruction program.

Biden’s Treasury secretary pick promised to “work with members of Congress” to decide whether the HNW will be protected from any reversal of Trump tax cuts.

“There is an advantage to funding the debt, especially when interest rates are very low, by issuing long-term debt," Janet Yellen said during her Senate confirmation hearing.

The iShares fund reported $4.36 billion in new money as yield rose and the Federal Reserve prepares to shrink its balance sheet.

Will his candidates be able to tackle major challenges facing the post-crisis era?

Large, active hedge funds shorted Comex futures because of the risk of higher U.S. interest rates, driving down prices of the metal, an analyst says.

Two more increases are projected for this year, signaling more vigilance as the target approaches.

A March 10 employment report is the most significant data report before decision day, March 15.

An increase could help to head off the risks of an overheated economy, according to the latest meeting notes from the Central Bank.

From regulators to technology providers to CEOs, these are the players who will remake wealth management in 2017.

The move will potentially lead to marginally higher borrowing costs for consumers and companies while giving savers a boost.

Meeting notes show some officials say a hike should happen in December.

The Fed chairwoman warned of the risks attached to waiting too long before raising rates.

Accelerating inflation will be a focus of next month’s meeting.

Three officials, the most since December 2014, dissented in favor of an immediate quarter-point hike.