WASHINGTON - Sophisticated crooks used an online service run by the IRS to access personal tax information from more than 100,000 taxpayers, part of an elaborate scheme to steal identities and claim fraudulent tax refunds, the IRS said yesterday.
The yuan is now the region's leading currency for doing business with China, trumping the Japanese yen and the Hong Kong dollar as Beijing aggressively pushes its currency through international trade channels.
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The dollar was sitting around eight-year highs against the yen Wednesday following upbeat US data, while the euro came under further selling pressure on growing fears Greece will default on its debt obligations.
The Australian dollar has dropped to a one-month low as the US dollar rallied on the back of strong economic data and investors waited for Thursday's capital expenditure numbers.