U.S. Treasury

DUBAI, United Arab Emirates | US official links economic protests in Iran to sanctions

DUBAI, United Arab Emirates — A top U.S. official focused on sanctions against Iran on Thursday linked American financial pressure on Tehran with ongoing economic protests roiling the country, saying she hoped the strain would limit the Islamic Republic’s “malign activities” across the Mideast. Sigal P. Mandelker, the undersecretary for terrorism and financial intelligence at … Continue reading DUBAI, United Arab Emirates | US official links economic protests in Iran to sanctions

Latvian official to miss ECB meeting amid corruption reports

RIGA, Latvia/February 21, 2018 (AP)(STL.News) — Latvia’s banking chief will miss a meeting of the European Central Bank’s top council, of which he is a member, amid an investigation into suspected corruption. The Bank of Latvia’s spokesman, Janis Silakalus, said Wednesday that Latvia would be represented at the meeting by Ilmars Rimsevics’ deputy, Zoja Razmusa. … Continue reading Latvian official to miss ECB meeting amid corruption reports

US mortgage rates climb to a nearly 4-year peak

WASHINGTON/February 15, 2018 (AP)(STLRealEstate.News) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages rose to 4.38 percent this … Continue reading US mortgage rates climb to a nearly 4-year peak

US joins trade fight against China at WTO

WASHINGTON/November 30, 2017 (AP)(STL.NEWS) — The United States is joining a fight against China at the World Trade Organization in a decision likely to ratchet up tensions between Washington and Beijing. The U.S. is supporting the European Union in a dispute over China’s status at the WTO, which rules on trade disputes. The United States and … Continue reading US joins trade fight against China at WTO

Mortgage rates hold at 3.94 percent this week

WASHINGTON/November 6, 2017 (AP)(StlRealEstate.News) — The costs of borrowing money to buy a home held steady this week as U.S. mortgage rates hover near relative lows. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages didn’t budge from last week’s 3.94 percent. One year ago, the benchmark rate was 3.54 percent. … Continue reading Mortgage rates hold at 3.94 percent this week