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    Steven Mnuchin

    Steven Mnuchin

    Steven Terner Mnuchin is an American investment banker who is serving as the 77th United States Secretary of the Treasury as part of the Cabinet of Donald Trump. Previously, Mnuchin had been a hedge fund manager.

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    Delta Airlines Applies for US Aid Amid Expectations of a 90% Drop Revenue
    International

    Delta Airlines Applies for US Aid Amid Expectations of a 90% Drop Revenue

    Delta Airlines applied for relief under the recently passed $2 trillion CARES Act and is braced for a second-quarter in which revenue is expected to fall 90 per cent, Chief Executive Ed Bastian said in a memo to employees.

    Covid-19: US Congress passes largest relief package in history
    International

    Covid-19: US Congress passes largest relief package in history

    (IANS) Displaying uncharacteristic political solidarity, the US Congress has voted the largest ever economic stimulus package worth about $2 trillion to rescue the nation from the clutches of the Covid-19 pandemic.

    Amid COVID-19 crisis, US slaps Iranian individuals with fresh sanctions
    International

    Amid COVID-19 crisis, US slaps Iranian individuals with fresh sanctions

    As Iran struggles to battle the spread of COVID-19, the United States on Thursday heaped more economic pressure on the country by slapping a fresh round of sanctions on more than a dozen Iranian individuals and five companies.

    US Senate fails to pass vote over huge stimulus package
    Politics

    US Senate fails to pass vote over huge stimulus package

    The US Senate has failed to pass a key procedural vote to move forward with a huge stimulus package, thus throwing into doubt whether bipartisan agreement could quickly be found on the measure to provide relief to businesses and families amid the coronavirus pandemic in the country.

    US to extend tax filing deadline to July 15
    Politics

    US to extend tax filing deadline to July 15

    The US Internal Revenue Service (IRS) is extending the federal income tax filing deadline to July 15 as part of the efforts to minimise the economic impact of the coronavirus pandemic, Treasury Secretary Steven Mnuchin announced.

    Wall Street ends higher on energy, tech boost
    Business

    Wall Street ends higher on energy, tech boost

    Wall Street's three main stock indexes ended higher, lifted by gains in energy and technology shares.

    US imposes fresh Iran-related sanctions
    Politics

    US imposes fresh Iran-related sanctions

    The US has imposed fresh Iran-related sanctions to further pressure Tehran while the Middle Eastern country is suffering from the COVID-19 outbreak.

    Wall St tumbles, Dow below 20,000 amid COVID-19 fears
    Business

    Wall St tumbles, Dow below 20,000 amid COVID-19 fears

    US equities ended volatile session sharply lower as panic selling continued on Wall Street amid COVID-19 fears.

    Trump signs $100bn relief package amid dire economic signals
    International

    Trump signs $100bn relief package amid dire economic signals

    Signalling dire economic prospects, the bellwether stock market index has surrendered almost all of the strong gains it had made since US President Donald Trump took office even as he signed into law a bipartisan relief package estimated at $100 billion passed by Congress to support the economy.

    COVID-19 hits all 50 US states, toll surges to 108
    International

    COVID-19 hits all 50 US states, toll surges to 108

    The deadly coronavirus (COVID-19) pandemic has now hit all 50 states in the US. With West Virginia reporting its first case of infection on Tuesday, Governor Jim Justice said, "We knew this was coming."

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