Treasury

Tornado Cash crackdown by Treasury puts honest crypto investors at risk of criminal exposure

Tornado Cash crackdown by Treasury puts honest crypto investors at risk of criminal exposure

A tornado is seen on a field in D’arcy, Saskatchewan, Canada June 15, 2021. Neil Serfas | via Reuters The Treasury Department’s crackdown on Tornado Cash was meant to stop criminals. But a lot of ordinary crypto investors with honest intentions are now at risk. “Every U.S. person is going to have to be very …

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Treasury Sec. Janet Yellen acknowledges economic ‘slowdown’ but downplays recession fears

Treasury Sec. Janet Yellen acknowledges economic ‘slowdown’ but downplays recession fears

Kevin Mahn, president and chief investment officer of Hennion & Walsh Asset Management, notes that the yield curve remains inverted, which has happened prior to every recession in the country dating back to 1955. Treasury Secretary Janet Yellen acknowledged Sunday that the U.S. is experiencing an economic “slowdown” but downplayed the potential for a recession, …

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Futures Narrowly Lower As Treasury Yields Climb

Futures Narrowly Lower As Treasury Yields Climb

The Dow Jones Industrial Average dropped Wednesday following a two-day advance, as Treasury yields climbed. On the heels of Tuesday’s constructive stock market action, top stocks to buy and watch include cosmetics leader Ulta Beauty (ULTA) and Vertex Pharmaceuticals (VRTX). X Ahead of Wednesday’s open, key earnings reports include Lovesac (LOVE), Ollie’s Bargain Outlet (OLLI)and …

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Gold loses early gains as greenback, U.S. Treasury yields push higher

Gold loses early gains as greenback, U.S. Treasury yields push higher

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold prices are modestly down in midday U.S. trading Monday, while silver is holding mild gains. Both metals …

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