Federal effort to provide financing for state housing agencies totals $29 billion in financing A new federal program to support state and local ...
Foreign demand for long-term US financial assets rises in September, China boosts its holdings Foreign demand for long-term U.S. financial assets rose in ...
Federal deficit expected to hit $150 billion in October, 1st month in new budget year The federal deficit is expected to hit $150 billion for the first month in the new budget year, headed toward another $1 trillion-plus tide of red ink. ...
SINGAPORE (Reuters) - Asia-Pacific finance ministers were set to call for flexible exchange rates among measures to try to reduce global economic imbalances that were at the heart of the financial crisis. The 21-member Pacific Rim group includes China, which is under ...
US Treasury Secretary Timothy Geithner said here Wednesday that a strong dollar was "very important" to the United States, seeking to reassure Asian nations concerned about the greenback's recent slump. "I believe deeply that it's very important for the US and the ...
Obama housing plan reaches 20 pct of eligible borrowers; permanent mods next big challenge The Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says, but most of those borrowers are on temporary trial plans that ...
Federal government awards $20M clean energy bond for W.Va. hydroelectric project American Municipal Power has been awarded a $20 million bond from the federal government for a hydroelectric project at the Willow Island Locks and Dam. The U.S. Treasury Department says the ...
US Treasury Secretary Timothy Geithner said Thursday the recesssion remains "alive and acute" despite the economy emerging from a year of contractions with the strongest growth in two years. "Unemployment remains unacceptably high for every person out of work, for every family ...
Financial companies with more than 10 billion dollars in assets will have to pay for rivals' failures or rescues under draft legislation released by the US Treasury and lawmakers. The plan to address systemic risk in the financial sector will wind down ...
US Treasury Secretary Timothy Geithner said Tuesday the dollar would keep its status as the world's main reserve currency a "long time." Geithner, speaking to an investors conference in New York a day after the dollar hit a 14-month low against the ...
WASHINGTON - OCTOBER 23: Kenneth Feinberg, special master of the Troubled Asset Relief Program (TARP) and Executive Compensation at the Treasury Department speaks at the George Washington University Law School on October 23, 2009 in Washington, DC. The law school held a ...
Treasury Department says Chrysler Financial to cease operations by end of 2011 Chrysler Financial, once the exclusive lending arm of the storied automaker, will liquidate and go out of business by Dec. 31, 2011, according to a letter from the U.S. Treasury ...
