Fed expected to revamp bond buying program
The expectation is that the Fed will announce a revamped bond-buying plan at the conclusion of their second day of discussions on Wednesday
View ArticleRates mixed in weekly US Treasury bill auction
Interest rates on short-term Treasury bills were mixed in Monday's auction with three-month bills rising to the highest level since late June.
View ArticleIRS failed to do background checks on contractors
More than a million taxpayers were exposed to an increased risk of fraud and identity theft because the private contractors handled confidential taxpayer information.
View ArticleSpeculation swirls over Fed language on rate hike
The Fed's recent statements have said it expects to keep its key short-term rate near zero for a "considerable time" after it stops buying Treasurys and mortgage bonds.
View ArticleReport: Treasury OKs big pay raises for GM, Ally
The government reportedly approved $3 million in pay raises, from 4 percent to 20 percent, for nine GM executives.
View ArticleBudget deficit drops to $483B, lowest since 2008
It's the lowest since 2008 and, when measured against the size of the economy, is below the average deficits of the past 40 years
View ArticleAverage 30-year mortgage rate below 4%
U.S. mortgage rates tumbled this week, with the average 30-year loan hitting its lowest level since June 2013.
View ArticleLew: Congress should turn efforts toward business taxes
Lew's comments came after President Barack Obama proposed raising taxes on the rich and using some of the revenue to finance tax breaks for the middle class.
View ArticleTreasury to track some real estate deals in NY and Miami
There's concern that some deals exceeding $3M are made by corrupt foreign government officials or international criminals who laundering money.
View ArticleShort-term rates reach highest levels since 2008
Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels in more than a decade.
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