By Jonathan Stempel NEW YORK (Reuters) – The U.S. government said on Tuesday that Turkey’s state-owned Halkbank <HALKB.IS> should be subjected to escalating fines totaling millions of dollars until it responds in court to criminal charges it helped Iran evade U.S. economic sanctions. In a filing in Manhattan federal court, prosecutors said Halkbank should be […]
The markets have been rocky ever since the Federal Reserve started raising interest rates to combat inflation last year. Stocks and bonds have lost money. The costs of financing a car, a house or even a small credit-card purchase have risen. Two important regional U.S. banks failed and needed bailouts, and worries about a possible […]
The aggressive fund-raising tactics that former President Donald J. Trump deployed late in last year’s presidential campaign have continued to spur an avalanche of refunds into 2021, with Mr. Trump, the Republican Party and their shared accounts returning $12.8 million to donors in the first six months of the year, newly released federal records show. […]
