Fatima Hussein, The Associated Press

Fatima Hussein is a reporter with The Associated Press, an American not-for-profit news agency headquartered in New York City and founded in 1846.

Tax News

IRS to waive penalties for people owing back taxes for 2020, 2021

The relief could be good news for U.S. persons in Canada

By Fatima Hussein, The Associated Press and Staff |December 20, 2023

1 min read

News

Oil prices may hit ‘uncharted waters,’ World Bank warns

Escalation of Israel Hamas war could cause global oil supply to shrink by 6 million to 8 million barrels per day, report says

By Fatima Hussein, The Associated Press |October 30, 2023

1 min read

Economic Indicators

Yellen details tighter scrutiny of investment plans of foreign owned companies operating in the U.S.

Treasury secretary says Committee on Foreign Investment is adapting to a changing global economy

By Fatima Hussein, The Associated Press |September 14, 2023

1 min read

Tax News

IRS plans crackdown on 1,600 millionaires to collect back taxes

Artificial intelligence is playing a big role in identifying wealthy tax dodgers

By Fatima Hussein, The Associated Press |September 8, 2023

1 min read

Economic Indicators

IMF global economic outlook sees slight growth, but inflation still a drag

Chief economist says it's "too early to celebrate"

By Fatima Hussein, The Associated Press |July 25, 2023

1 min read

Economic Indicators

IRS collects $38 million from more than 175 high income tax delinquents

Agency appears to be making a case for sustained funding as it tries to avert budget cuts

By Fatima Hussein, The Associated Press |July 14, 2023

1 min read

Products

SEC lawsuits against crypto companies raise questions about industry’s future

The lawsuits are the latest in an ongoing tussle between government and the crypto industry

By Fatima Hussein, The Associated Press and Ken Sweet, The Associated Press |June 12, 2023

1 min read

Industry

SEC says crypto firm Binance mishandled funds, violated securities laws

Investigation said to have uncovered 'extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law'

By Fatima Hussein, The Associated Press |June 5, 2023

1 min read

Economic Indicators

Yellen says bank situation stabilizing, different from 2008

Treasury Secretary said more rescue efforts could be necessary to prevent contagion

By Fatima Hussein, The Associated Press |March 21, 2023

1 min read

Market Insights

Fed criticized for missing red flags before bank collapse

SVB was highly susceptible to depositors quickly withdrawing their money at the first sign of trouble

By Christopher Rugaber, The Associated Press and Fatima Hussein, The Associated Press |March 14, 2023

1 min read

Industry

U.S. Treasury moves forward with database on corporate ownership

The measure aims to combat illicit finance

By Fatima Hussein, The Associated Press |September 29, 2022

1 min read

Economic Indicators

Yellen expects inflation to remain high

At a hearing, the U.S. Treasury Secretary was pressed on the causes of inflation

By Fatima Hussein, The Associated Press |June 7, 2022

1 min read

Economic Indicators

Biden signs order on cryptocurrency as its use explodes

A presidential executive order is the first U.S. federal digital assets strategy

By Fatima Hussein, The Associated Press |March 9, 2022

1 min read

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