A former president of the Federal Reserve just came out in support for negative interest rates, in effect, forcing consumers and companies to “pay to save.”
The sanctions relief process of the Iran nuclear agreement began Saturday. Among the developments was the U.S. authorization for foreign units of American companies to strike business deals with Iran.
During an interview with the FOX Business Network's Maria Bartiromo, the Treasury Secretary said the economy is in a 'far better place than it was years ago.'
When it comes to defeating ISIS, Treasury Secretary Jack Lew says, get them where it hurts -- in the wallet.
New rules approved Monday still allow the Fed to step in and help out struggling banks in the event of an emergency.
The Treasury Department on Thursday released new rules to restrain U.S. companies from putting their addresses in foreign countries to reduce their tax bills.
myRA, the government's new retirement savings vehicle, is touted as being safe but as with any investment product there are always some risks investors need to understand.
A government-backed individual retirement account announced nearly two years ago by President Barack Obama is now available across the country, the Treasury Department said Wednesday, and it removes several barriers that keep millions of people from saving for their retirement.
Today’s money market funds are returning a staggeringly low 0.01% annually. Learn why people are still investing in them.
Treasury Secretary Jack Lew in an exclusive interview Thursday on FOX Business Network warned Congress against waiting to approve raising the debt limit.
The U.S. budget deficit narrowed to $439 billion in fiscal 2015, the lowest level since 2008, as the economy continued to recover from the financial crisis.
The federal government will hit a legal debt limit and be unable to borrow more money no later than Nov. 3, U.S. Treasury Secretary Jack Lew said.
The U.S. Treasury will run out of cash in the first half of November if the federal borrowing limit isn't raised, the Congressional Budget Office said Wednesday in an updated estimate.
Interest rates on short-term Treasury bills fell in Monday's auction, with the rate on three-month bills hitting its lowest level ever and the rate on six-month bills the lowest since mid-July.
U.S. stocks rose broadly Monday as investors looked beyond the uncertain timing of a possible interest rate increase by the Federal Reserve.
U.S. stocks are falling in early trading Friday, following a sharp sell-off in European markets, as investors consider the implications of the Federal Reserve's decision to hold off raising interest rates.
The latest on the Federal Reserve's meeting regarding interest rates (all times local): ___ 12:50 p.m.
U.S. stocks were wavering between small gains and losses in early trading Thursday ahead of the Federal Reserve's announcement on whether it would raise interest rates for the first time in nearly a decade.
Foreign holdings of U.S. Treasury securities fell again in July as China, the biggest foreign owner of U.S. government debt, cut back its holdings.
Interest rates on short-term Treasury bills fell in Monday's auction to their lowest levels in three weeks.