A visit by American pop star Beyonce and rapper husband Jay-Z to Havana last week was a cultural trip that was fully licensed by the US Treasury Department, a source familiar with the itinerary said on Monday. The longstanding US trade embargo against Cuba prevents most Americans from travelling to the communist-led island without a license granted by the US government
Two Republican members of Congress have asked the US Treasury Department for information on what type of license American pop star Beyonce and rapper husband Jay Z obtained for a high-profile trip to Cuba to celebrate their wedding anniversary.
“Actually, any one who gives the matter unbiased consideration will realize that it is for the benefit of the rich to plug loopholes in tax laws, since this raises more revenues without raising rates.” With this neat bit of logic, Secretary of the Treasury Henry Morgenthau Jr. last week opened the great 1937 hunt for rich tax dodgers launched so suddenly by him and Franklin Roosevelt early this month .
Treasury Secretary Tim Geithner had every reason to think he had seen all of AIG’s dirty laundry.
A great day for the United States of America?
Fed action may hurt more than help The Federal Open Market Committee, which meets Nov. 2-3, is all but certain to announce renewed measures intended to boost the economy. Specifically, the Fed will engage in another round of bond-buying, snapping up government debt with newly created money. It is hardly a secret this is coming; […]
After Wall Street stabilized last spring, it didn’t take long for the economy to become a political afterthought to the major battle of the year in Washington: health-care reform. But last Tuesday’s off-year election broke D.C.’s political trance like a brick through plate glass
Leaders of the G-20 economic summit will announce Friday that the group will become the new permanent council for international economic cooperation, senior U.S.
The terrain of the financial world has changed since the collapse of Lehman Brothers. It’s been one year since the U.S